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Techmeme
September 28, 2024, 3:25 PM
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Top News

Wall Street Journal:
Source: Apple is no longer in talks to participate in an OpenAI funding round that is expected to raise as much as $6.5B  —  Company behind ChatGPT is aiming to raise around $6.5 billion in funding set to close next week  —  Apple is no longer in talks to participate in an OpenAI funding round expected …
New York Times:
Sources: TSMC's execs took to calling Sam Altman a “podcasting bro” after he said it would take $7T and many years to build 36 chip plants to fulfill his vision  —  Sam Altman, OpenAI's chief executive, is talking to the United Arab Emirates, Asian chipmakers and U.S. officials …
New York Times:
Docs: OpenAI had $300M in monthly revenue in August, up 1,700% since early 2023, 350M MAUs in June, and expects ~$3.7B in annual sales but $5B in losses in 2024  —  As the company looks for more outside investors, documents reviewed by The New York Times show consumer fascination with ChatGPT and a serious need for more cash.
Bill Toulas / BleepingComputer:
The US DOJ charges two Russians for operating $1B+ money laundering services for cybercriminals; one is accused of operating the Joker's Stash marketplace  —  The U.S. Department of Justice (DoJ) has announced charges against two Russian nationals for operating billion-dollar money laundering services …
Kate Knibbs / Wired:
A profile of Internet Archive founder Brewster Kahle, as the service fights existential battles over copyright, including from music labels like UMG  —  The web's collective memory is stored in the servers of the Internet Archive.  Legal battles threaten to wipe it all away.
Brian Steinberg / Variety:
Sources: Amazon Prime Video is in talks with veteran anchor Brian Williams to host a live Election Night special, its first entry into news-related programming  —  Brian Williams may have found his next TV-news job....except it won't be on traditional TV.  —  The veteran NBC News …
Tom Warren / The Verge:
Microsoft details how it has overhauled its controversial AI-powered Recall feature, including making it opt-in and giving users an option to uninstall  —  In response to security concerns, Microsoft is detailing how it has overhauled its controversial AI-powered Recall feature …
Lizzi C. Lee / Rest of World:
Chinese state media has embraced the success of Black Myth: Wukong, a Chinese AAA game that has sold 20M+ copies globally, hailing it as a soft power export  —  China is changing its long-critical stance thanks to the smash hit, according to Chinese game developers and industry analysts.
Rolfe Winkler / Wall Street Journal:
A look at telehealth startup Done Global, whose owner was arrested by the US in June for allegedly running a “pill mill”, as it continues to operate from China  —  The owner of Silicon Valley's Done Global was arrested, but the telehealth company's staff in China still provides easy access to stimulants for Americans

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From Mediagazer

Ted Johnson / Deadline:
A US federal judge sets the antitrust trial over Paramount's acquisition of WBD for March 2 to March 19, 2027; Paramount had sought a November start

Nellie Andreeva / Deadline:
Hearst announces an agreement to acquire Disney's 50% interest in A+E Global Media for around $1.2B in cash and expects to close the deal in September

Charisma Madarang / Rolling Stone:
US celebrity blogger Perez Hilton is recovering in hospital after members of the public reported that he had appeared to self-harm during a TikTok livestream

More News

Bloomberg:
Sources: China is discouraging local companies from purchasing Nvidia's H20 chips to help expand the country's semiconductor industry and counter US sanctions
Nikhilesh De / CoinDesk:
Mango DAO, Mango Labs, and Blockworks Foundation agree to destroy MNGO tokens and ask crypto exchanges to stop trading them as part of an SEC settlement
Abner Li / 9to5Google:
Google rolls out Gemini-powered contextual Smart Replies, which analyzes the context of an email and suggests a detailed reply, in Gmail for paid users
Emma Roth / The Verge:
Steam changes its subscriber agreement, removing its forced arbitration policy and allowing gamers to take legal action against its parent company Valve

Earlier Picks

Washington Post:
Neo-Nazis are creating AI videos of Hitler making English versions of his speeches and to rebrand him as “misunderstood” via TikTok, X, Instagram, and YouTube
Cristiano Lima-Strong / Washington Post:
Meta will also block sharing of Ken Klippenstein's newsletter and other sources with the JD Vance dossier, citing foreign meddling and hacked materials policies
Eric Tucker / Associated Press:
The US DOJ charges three hackers employed by Iran's Revolutionary Guard for allegedly hacking Trump's presidential campaign and disseminating stolen info
Mariella Moon / Engadget:
The Irish Data Protection Commission wraps up an investigation into a 2019 breach, fining Meta €91M for violating GDPR rules by storing passwords in plain text
Deepa Seetharaman / Wall Street Journal:
Current and former staff say OpenAI has rushed product announcements and safety testing, lost its lead over rivals, and Altman is detached from the day-to-day
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