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December 18, 2024, 12:20 AM
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Top News

Wall Street Journal:
Databricks is raising $10B from a16z, Thrive, and others at a $62B valuation, among the largest VC raises in history; docs show Databricks has $2.6B in revenue  —  As CEO of Databricks, Ali Ghodsi has performed a series of ‘strategic surgeries’ to make his company one of the fastest-growing startups in Silicon Valley
Todd Spangler / Variety:
CAA partners with YouTube to help CAA clients identify and remove AI-generated content that features their likeness, with a wider rollout planned in early 2025  —  In what's being touted as the first partnership of its kind, CAA is collaborating with YouTube on a program promising to let actors …
Kyle Wiggers / TechCrunch:
OpenAI adds o1 to its API, but only for certain developers to start, announces new versions of GPT-4o and GPT-4o mini as part of its Realtime API, and more  —  OpenAI is bringing o1, its “reasoning” AI model, to its API — but only for certain developers, to start.
Avram Piltch / Tom's Hardware:
Nvidia unveils Jetson Orin Nano Super Developer Kit, a $249 compact AI development board that promises 67 TOPS, compared to 40 TOPS of the $499 last-gen kit  —  The Jetson Orin Nano Super Developer Kit will be available later this month and comes with 8GB of RAM.
John Voorhees / MacStories:
Game emulator Delta adds an in-app link to pay outside of the App Store, via Patreon, likely the first US app to use Apple's External Purchase Link Entitlement  —  Delta, the MacStories Selects App of the Year, received an important update today that allows users of the game emulator to support …
Paayal Zaveri / Bloomberg:
Grammarly plans to acquire collaborative tools startup Coda and bring on Coda co-founder and CEO Shishir Mehrotra as its CEO; Coda had a $1.4B valuation in 2021  —  Coda co-founder and CEO Shishir Mehrotra will take over that position at Grammarly, according to statement from the two companies Tuesday.
Natasha Lomas / TechCrunch:
Ireland's Data Protection Commission fines Meta €251M for a Facebook security breach that affected ~29M users globally, ~3M in the EU and EEA, in September 2018  —  Meta has been fined €251 million (around $263 million) in the European Union for a Facebook security breach …
Jordan Novet / CNBC:
Salesforce says it will hire 2,000 people to sell AI agent software, a month after saying it would hire 1,000 for the task and two years after laying off 7,000+  —  Salesforce will hire 2,000 people to sell artificial intelligence software to clients, CEO Marc Benioff said on Tuesday …
Blake Brittain / Reuters:
The US ITC says smartphones made by Lenovo's Motorola infringe on Ericsson's 5G patents, which could lead to an import ban; a final ruling is set for April 2025  —  The U.S. International Trade Commission said on Tuesday that smartphones made by Lenovo's (0992.HK) Motorola Mobility infringe patents owned …
Forums: r/Android
Ernie Smith / Tedium:
Bluesky's use of domains to verify users has led to cybersquatting and impersonation, as domains don't offer enough social proof for the average person  —  An apparent extortion scheme involving famous writers and entrepreneurs lit up Bluesky the other night.
Tony Romm / Washington Post:
The US FTC issues long-awaited rules requiring companies to display the full price of hotels, concert tickets, and more up front, rather than hiding “junk fees”  —  The industries must display the full price of a hotel room, concert ticket or sporting event upfront to customers or face potential federal punishment.
New York Times:
A San Francisco jury convicts tech consultant Nima Momeni of second-degree murder in the fatal stabbing of Cash App founder Bob Lee on April 4, 2023  —  Nima Momeni, 40, was convicted by a San Francisco jury in the fatal stabbing of Bob Lee, a well-known tech executive.
Leo Schwartz / Fortune:
UK-based BVNK, a stablecoin infra startup with ~$40M in annualized revenue, raised a $50M Series B led by Haun Ventures; a source said it values BVNK at ~$750M  —  As crypto prices soar to all-time highs, venture investors are pouring capital into a red-hot corner of the blockchain industry …

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This is a Techmeme archive page. It shows how the site appeared at 12:20 AM ET, December 18, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Deadline:
A US district court judge says she'll issue a ruling by July 22 on state AGs' request for a temporary stay that would pause the Paramount-WBD merger

Patrick Hipes / Deadline:
Sinclair-owned TV stations affiliated with ABC and NBC aired Trump's speech about elections, using Sinclair's feed; Sinclair owns or operates 177 stations

Etan Vlessing / The Hollywood Reporter:
Sen. Elizabeth Warren and seven Democratic House members write to the DOJ, calling for an impartial antitrust review of Fox Corp's planned $22B Roku acquisition

More News

Jody Godoy / Reuters:
Grubhub settles with the US FTC and IL AG for $25M, for allegedly adding restaurants without consent and misleading users about order fees and drivers about pay
Wired:
Interpol says that “pig butchering”, a catchall online fraud term that gangs “appear to have” coined, could dissuade people from reporting attempts to scam them

Earlier Picks

Molly White / Bloomberg:
After Trump's win, a look at what the crypto industry could do next, including weakening financial rules that might protect consumers from the next crypto crash
Edith Hancock / Wall Street Journal:
The European Commission opens a formal DSA investigation into TikTok over concerns foreign actors used it to interfere in the Romanian presidential elections
Financial Times:
The UK opens a consultation on AI and copyright, aiming to offer an “opt out” exception to copyright law, forcing companies to open models to scrutiny, and more
Kyle Wiggers / TechCrunch:
Google DeepMind unveils Veo 2, a video generation model that can create clips over two minutes long at resolutions up to 4K, available in VideoFX via a waitlist
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