| Joseph Cox / 404 Media: |
FTC bans location data providers Gravy and subsidiary Venntel as well as Mobilewalla from using or selling data related to sensitive locations and more — The Federal Trade Commission (FTC) announced sweeping action against some of the most important companies in the location data industry on Tuesday … | Gaby Del Valle / The Verge: |
The CFPB proposes limiting data brokers' ability to sell Americans' personal and financial info, after the National Public Data breach discovered in April 2024 — In the wake of high-profile hacks affecting hundreds of millions of Americans, the Consumer Financial Protection Bureau (CFPB) … | Kif Leswing / CNBC: |
Apple says it's using Amazon's Trainium and Graviton chips to serve search services and is evaluating if Trainium2 chips can be used to pre-train its AI models — Apple is currently using Amazon Web Services' custom artificial intelligence chips for services like search and will evaluate … | Frederic Lardinois / TechCrunch: |
AWS announces general availability of Trainium2 chips, and EC2 Trn2 UltraServers, which feature 64 Trainium2 chips; Trainium3 is slated for 2025 — At its re:Invent conference, AWS today announced the general availably of its Trainium2 (T2) chips for training and deploying large language models (LLMs).| Belle Lin / Wall Street Journal: |
AWS announces Project Rainier, a cluster that will contain “hundreds of thousands” of Trainium2 chips, slated for 2025 and to be used by Anthropic — The company's megacluster of chips for artificial-intelligence startup Anthropic will be among the world's largest, it said … | Sam Sabin / Axios: |
The FBI and CISA urge US telecoms to harden their systems against attacks, as senior US officials say Salt Typhoon hackers remain present on telecoms' networks — - Officials added that they don't yet know the full scope of the intrusions, despite starting the investigation in late spring.| Hannah Murphy / Financial Times: |
Nick Clegg says Mark Zuckerberg is keen to play “an active role” in Trump admin tech policy debates and Meta “overdid it a bit” when moderating pandemic content — Policy chief Nick Clegg says social media company ‘overdid it’ on content moderation, as it seeks to placate president-elect| Jonathan Greig / The Record: |
Vodka maker Stoli says an August 2024 ransomware attack contributed to the bankruptcy filing of its US arm, amid its ongoing issues with the Russian government — A ransomware attack on the multinational Stoli Group in August helped push two of the vodka-maker's U.S. subsidiaries into bankruptcy, the company's CEO said last week.| Kyle Wiggers / TechCrunch: |
AWS announces Nova models for Bedrock, including Micro, Lite, Pro, and Premier text generating models, and Canvas and Reel models for image and video generation — At its re:Invent conference on Tuesday, Amazon Web Services (AWS), Amazon's cloud computing division, announced a new family … | Luc Cohen / Reuters: |
Celsius Network founder Alex Mashinsky agreed in a US court to plead guilty to commodities fraud and a fraudulent scheme to manipulate the price of CEL — Alex Mashinsky, the founder and former CEO of cryptocurrency lender Celsius Network, said on Tuesday he intends to plead guilty to two counts of fraud.| Nico Grant / New York Times: |
Internal docs: in early 2021, Google's lawyers, policy team, and more worried that its $1.2B Project Nimbus deal with Israel may enable human rights violations — The tech giant, which has defended the deal to employees who oppose supplying Israel's military with technology, feared the project might damage its reputation.| Sam Biddle / The Intercept: |
| Todd Spangler / Variety: |
Walmart completes its $2.3B acquisition of TV maker Vizio, saying the purchase will let it offer new ways for advertisers to reach customers via Walmart Connect — Walmart announced the completion of its $2.3 billion all-cash acquisition of TV maker Vizio, a move by the retailing giant to expand its advertising business.| Julie Bort / TechCrunch: |
Trade business software provider ServiceTitan offers an IPO share price range at $52-$57 and plans to buy back the shares of its non-convertible preferred stock — On Tuesday, cloud business software provider ServiceTitan offered a price range for its initial public stock of $52 to $57 a share … | Hayden Field / CNBC: |
OpenAI hires its first chief marketing officer, Kate Rouch, who joined Coinbase in 2021 to lead global marketing and PR and previously spent 11+ years at Meta — OpenAI has hired its first chief marketing officer, nabbing Kate Rouch from crypto company Coinbase.| Financial Times: |
China bans shipments to the US of several “dual-use” minerals and metals used in chipmaking and military applications, in a retaliation to new US chips curbs — Beijing bans export of materials used in semiconductors and batteries — China has banned shipments to the US of several … | Timothy Gardner / Reuters: |
Meta is seeking proposals from nuclear power developers, as it plans to add 1 to 4 gigawatts of new US nuclear generation capacity starting in the early 2030s — Meta (META.O) said on Tuesday it is seeking proposals from nuclear power developers to help meet its artificial intelligence … | Milana Vinn / Reuters: |
Sources: Intel starts shortlisting a handful of CEO candidates, including former board member Lip-Bu Tan, who left in August 2024 after clashing with Gelsinger — Intel (INTC.O) has started shortlisting a handful of candidates, including former board member Lip-Bu Tan … | Mackenzie Hawkins / Bloomberg: |
Sources: Microchip Technology is pausing its application for $162M in CHIPS Act grants, as it plans to close a factory in Arizona, affecting ~500 employees — - It had been in line to get $162 million in grants from program — Company announced on Monday it will shut down Arizona plant| Kyle Wiggers / TechCrunch: |
AWS launches Automated Reasoning checks to combat AI hallucinations, and Model Distillation, a tool to transfer the capabilities of a large model to a small one — Amazon Web Services (AWS), Amazon's cloud computing division, is launching a new tool to combat hallucinations — that is, scenarios where an AI model behaves unreliably.
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| Frederic Lardinois / TechCrunch: |
| Gian Volpicelli / Bloomberg: |
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| Sylvia Pfeifer / Financial Times: |
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| Wes Davis / The Verge: |