Techmeme
December 14, 2024, 7:01 AM

Top News

Wall Street Journal:
Letter: Meta urges California's AG to stop OpenAI's for-profit transition, says Musk is “qualified” to “represent the interests of Californians in this matter”  —  Meta Urges California Attorney General to Stop OpenAI From Becoming For-Profit Mark Zuckerberg's company …
Ina Fried / Axios:
In a blog post, OpenAI says “You can't sue your way to AGI”, and publishes emails from Elon Musk showing he wanted to own OpenAI and run it as a for-profit  —  Musk is also the founder of xAI, an OpenAI rival.  — The current suit, filed in August, is the successor …
Jakob Rodgers / Mercury News:
Suchir Balaji, a former OpenAI researcher who accused the company of copyright violations in October, was found dead by suicide on November 26 in San Francisco  —  SAN FRANCISCO — A former OpenAI researcher known for whistleblowing the blockbuster artificial intelligence company facing …
Devan Cole / CNN:
A US appeals court declines to temporarily block a ban on TikTok; TikTok had indicated it would ask SCOTUS to step in on an emergency basis to block the law  —  A federal appeals court on Friday declined to temporarily block a ban on TikTok, teeing up a showdown at the Supreme Court over whether …
Kylie Robison / The Verge:
During his NeurIPS talk, Ilya Sutskever says “Pre-training as we know it will end”, as “we've achieved peak data and there'll be no more”  —  OpenAI's cofounder and former chief scientist, Ilya Sutskever, made headlines earlier this year after he left start …
Tanaya Macheel / CNBC:
MicroStrategy, Palantir, and Axon will join the Nasdaq 100 index, effective before the market open on December 23; Super Micro will be removed from the index  —  MicroStrategy, the preferred high beta play on the price of bitcoin, will join the Nasdaq 100 index, a move that could further increase demand …
Graham Fraser / BBC:
The BBC complains to Apple after Apple Intelligence's notification summary falsely suggested the BBC had published an article saying Luigi Mangione shot himself  —  The BBC has complained to Apple after the tech giant's new iPhone feature generated a false headline about a high-profile murder in the United States.
Jonathan Greig / The Record:
The US DOJ indicts 14 North Korean nationals for allegedly making $88M+ via fraud by working as remote IT workers for US companies from April 2017 to March 2023  —  Fourteen North Korean nationals have been indicted for their role in a long-running scam where they stole the identities …
Eric Hal Schwartz / TechRadar:
OpenAI launches Projects, a ChatGPT feature to organize files and chats into folders, now available to Plus, Pro, and Team users and “soon” to free users  —  When you purchase through links on our site, we may earn an affiliate commission. … - This new ChatGPT feature helps organize interactions with the AI chatbot.
Katie Roof / Bloomberg:
Sources: ServiceTitan's IPO brought big windfalls for early investors, including returns of $1B+ for Iconiq Growth and $800M+ for Bessemer Venture Partners  —  - Venture firms are celebrating reprieve from IPO drought  — Bessemer also said to reap over $800 million on the bet
Jacky Wong / Wall Street Journal:
Japanese chipmaker Kioxia's dramatic valuation drop from $18B in 2018 to $5.1B in its upcoming IPO is due to its high debt and lower AI exposure than rivals  —  Kioxia is going for a discount due to its high debt and lower AI exposure than rivals  —  Japan's last blockbuster initial public offering …
Yuji Nitta / Nikkei Asia:
Vietnam and Indonesia are imposing restrictions on Chinese e-commerce companies like Temu and Shein, seeing cheap imports as a threat to homegrown industries  —  HANOI — Southeast Asian nations are imposing restrictions on Chinese e-commerce companies like Temu and Shein, seeing cheap imports as a threat to homegrown industries.
Louise Matsakis / Wired:
Ex-ByteDance intern Keyu Tian, who was allegedly dismissed for “serious misconduct”, is a co-author of one of two papers chosen for the NeurIPS Best Paper Award  —  Keyu Tian and his coauthors won the Best Paper Award at the annual NeurIPS machine learning conference for their work on a new technique for generating images.
Natalie Lung / Bloomberg:
Tinder warns of declining to flat direct revenue through 2026, below estimates, and says it plans to prioritize improving its user experience over monetization  —  - Largest dating app sees revenue below estimates in 2025, 2026  — Parent company issues first dividend, announces new buyback
Jay Peters / The Verge:
Larry Dignan / Constellation Research:

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