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Techmeme
September 29, 2024, 12:25 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:
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.
Matthew Lynley / Supervised:
A look at OpenAI's sprawling product portfolio as the startup matures into a real business and runs into the challenges of avoiding product creep  —  Plus: OpenAI's portfolio is getting a little big.  —  ∙ Paid  —  This issue was finished on a mobile device so I apologize ahead of time for any typos and formatting errors.
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
Mark Gurman / Bloomberg:
Sources: Apple considers options for its headsets, including moving compute to iPhone, and is working on homeOS; new Masimo CEO could enable a deal with Apple  —  Meta's latest AR glasses and cheaper mixed-reality headset add pressure on Apple to make its Vision push work.
Jem Aswad / Variety:
YouTube blocks songs by Adele, Bob Dylan, Green Day, and others in the US, after its music licensing agreement with performing rights organization SESAC expired  —  Songs by Adele, Bob Dylan, Green Day, R.E.M., Burna Boy, Rush and many others are currently unplayable on YouTube in the U.S. due …
Ricardo Brito / Reuters:
Court docs: Brazil's Supreme Court say X still needs to pay $5M+ in pending fines, including a new one, before it will be allowed to resume service in Brazil  —  Brazil's Supreme Court said on Friday that social platform X still needs to pay just over $5 million in pending fines …
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  —  - Nvidia can only sell slower AI chips to China due to US curbs  — Beijing is fostering domestic champions like Huawei, Cambricon
Stephanie Stacey / Financial Times:
Bumble, Muzz, and Match Group are pushing their friend-finding and community-building products to attract young users hit by so-called dating app fatigue  —  Bumble and Match Group launch friendship and social products to help reverse post-pandemic slowdown
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 …

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From Mediagazer

Jack Dunn / Variety:
Stephen Colbert says CBS released its statement “without ever talking to me” and talk shows have long been exempt from “equal time” rules

Pranav Baskar / New York Times:
Journalists say an AP reporter and three other journalists were detained in Cameroon while probing a secretive US program that deports migrants to Cameroon

David Shepardson / Reuters:
FCC Chair Brendan Carr says, “We're going to be moving forward” with Nexstar's acquisition of Tegna, a merger that requires lifting the station ownership cap

More News

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
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
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
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

Earlier Picks

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
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
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
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