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March 28, 2024, 4:30 PM

Top News

Reuters:
A US judge sentences Sam Bankman-Fried to 25 years in prison for stealing from users of his now-bankrupt FTX crypto exchange and orders him to forfeit $11B+  —  Sam Bankman-Fried was sentenced to 25 years in prison by a judge on Thursday for stealing $8 billion from customers …
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Mark Gurman / Bloomberg:
Sources: Apple plans to launch new iPad Pro and iPad Air models in early May; iPad Pros will get OLED displays, while iPad Air will get a 12.9" screen option  —  - Company's tablet line hasn't been updated in about 18 months  — Latest iPad Pro will get OLED; Air will have new screen size
Wired:
Investigation: data broker Near Intelligence left the coordinates of nearly 200 mobile devices of people who visited Jeffrey Epstein's island exposed online  —  A WIRED investigation uncovered coordinates collected by a controversial data broker that reveal sensitive information about visitors …
Rebekah Valentine / IGN:
Take-Two acquires Borderlands developer Gearbox Entertainment from the Embracer Group for $460M in stock; the deal is expected to close by the end of June 2024  —  A new Homeworld game is also in development.  —  Embracer Group has officially divested Gearbox Entertainment …
Emilia David / The Verge:
The US OMB releases new AI guidance, requiring that all federal agencies submit an annual AI report and have a senior leader overseeing all AI systems they use  —  All US federal agencies will now be required to have a senior leader overseeing all AI systems they use, as the government wants …
Abner Li / 9to5Google:
Google plans to add Gemini Nano to the Pixel 8 as part of the next Pixel Feature Drop, weeks after saying the phone can't get Nano due to “hardware limitations”  —  After “hardware limitations” were cited as the reason that the Pixel 8 isn't getting Gemini Nano earlier this month …
Emma Roth / The Verge:
New York Times:
Ray-Ban Meta glasses hands-on: AI features coming in April, triggered by “Hey, Meta”, are sometimes impressive and helpful, but the AI often gets things wrong  —  Brian X. Chen, left, and Mike Isaac, reporters for The New York Times, trying out Meta's new Ray-Ban smart glasses.Aaron Wojack for The New York Times
Joe Rossignol / MacRumors:
Apple sues an ex-employee for allegedly leaking details about the Journal app and more to journalists, to “kill” products and features with which he took issue  —  Apple this month sued its former employee Andrew Aude in California state court, alleging that he breached …
Kurt Wagner / Bloomberg:
A researcher finds that X is testing a feature that lets users create or join communities focused on “adult content” or other “not safe for work” material  —  - Screenshots show that people can label communities as ‘NSFW’  — X already allows adult content, but forbids ads on the topic
Bloomberg:
Sources: the US and UK are reviewing $20B+ in Tether transactions made via Moscow-based crypto exchange Garantex, as part of a crackdown on sanctions evasion  —  - Allies review Tether transfers to sanctioned exchange Garantex  — Tether says it works with law enforcement to ensure compliance
Álvaro / eXputer:
Leaked images show a white disc-less Xbox Series X, which Microsoft plans to release in summer 2024, with the same design as the existing black Xbox Series X  —  This in continuation of eXputer's previous report back in February. … Back in February, I reported that Microsoft has plans …
Tabby Kinder / Financial Times:
A profile of Anduril founder Palmer Luckey, as the AI surveillance and defense tech startup, which sells drones to the US, expects $1B in annual revenue by 2026  —  Silicon Valley has found a lucrative trade selling AI-powered weapons — and Palmer Luckey is leading the way
Open Web Advocacy:
How in-app browsers silently subvert user choice, stifle innovation, trap users into apps, break websites, and enable apps to severely undermine user privacy  —  In-App Browsers subvert user choice, stifle innovation, trap users into apps, break websites and enable applications to severely undermine user privacy.
Zoho:
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Jonathan Vanian / CNBC:NEW
Reddit shares plunge almost 25% in two days, after soaring 30% on Monday, and finish the week at $49.30, below the first trading day close of $50.44  —  The trading floor of the New York Stock Exchange prepares for the social media platform Reddit's initial public offering in New York City on March 21, 2024.
Emily Nicolle / Bloomberg:
Marc Andreessen, Chris Dixon, Galaxy Digital, and others invest $75M in crypto fund 1kx, which has raised ~$200M since 2022 and invested in Rarible and others  —  - 1kx is targeting areas including crypto consumer applications  — VC funding has been slower to recover than crypto prices

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