| 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.| 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 … | Deepa Seetharaman / Wall Street Journal: |
| Hayden Field / CNBC: |
| 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 … | 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 … | 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 — The Irish Data Protection Commission found that the company violated several GDPR rules.| 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 — Mango DAO, Mango Labs and Blockworks Foundation agreed to settle charges with the U.S. Securities and Exchange Commission Friday.| 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 — Following the announcement at I/O 2024, Google is now rolling out Contextual Smart Replies to Gmail for Android and iOS.| 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 — Steam just removed its forced arbitration policy, opening the door for lawsuits against its parent company, Valve.| 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 — The Justice Department unsealed criminal charges Friday against three Iranian operatives suspected of hacking Donald Trump's presidential campaign … | 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 — The platform blocked a journalist from sharing a purported research document on the candidate, mirroring its past controversy.| Bloomberg: |
Sources: Apple rethinks its movie strategy, including rolling back theatrical releases and cutting budgets for most to under $100M, after some box office misses — The tech giant intended to spend $1 billion annually on films for cinemas. After several box office disappointments … | Lorenzo Franceschi-Bicchierai / TechCrunch: |
Kaspersky confirms that it has replaced the antivirus software on its US customers' computers with software called UltraAV, owned by American company Pango — Earlier this week, some U.S. customers of Kaspersky's antivirus were surprised to find out that the Russian-made software disappeared …
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| Kate Knibbs / Wired: |
| Washington Post: |
| Kyle Wiens / iFixit News: |
| Katharine Gemmell / Bloomberg: |
| Madhumita Murgia / Financial Times: |