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December 3, 2024, 7:00 PM
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Top News

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.
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.
Sam Biddle / The Intercept:
An email and documents reveal Google's Project Nimbus deal with Israel isn't subject to Google's general ToS, but an “adjusted” ToS drafted by Google and Israel
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 …
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 …
Bloomberg:
Pat Gelsinger's retirement opens the door for Intel to consider fresh deal options, including splitting factory and product-design divisions and selling Altera
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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From Mediagazer

Al Jazeera:
Separate Israeli attacks on the Gaza Strip have killed two media workers: Hossam Shabat, a journalist who worked for Al Jazeera Mubasher, and Mohammad Mansour

New York Times:
Chris LaCivita, an ex-Trump campaign manager, files a defamation lawsuit against The Daily Beast over an October 2024 article on how much the campaign paid him

Charlotte Tobitt / Press Gazette:
The Daily Mail crosses 250K digital subscribers, including more than 163K Mail+ subscribers, and appoints Celia Duncan as its first global women's editor

More News

Jonathan Vanian / CNBC:
Salesforce reports Q3 revenue up 8% YoY to $9.44B, vs. $9.35B est., net income up 25% YoY to $1.5B, and issues Q4 guidance above est.; CRM jumps 6%+ after hours
Sylvia Pfeifer / Financial Times:
German defense tech startup Helsing unveils its first AI attack drone, which can fly up to 100km and re-identify and engage targets without a data connection

Earlier Picks

Bloomberg:
Sources and docs: troubled IT firm Atos is largely responsible for issues delaying the rollout of the EU's automated biometric Entry/Exit border system to 2025
John Paul Rathbone / Financial Times:
The NCSC says the UK faces a “widening gap” in its ability to fight cyber threats, and “severe” incidents handled by the agency tripled to 12 in the past year
Wes Davis / The Verge:
Threads is rolling out a search update globally over the next few weeks that will let users filter searches by “After date,” “Before date,” and “From profile”
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