Techmeme
October 6, 2023, 2:35 PM

Top News

Tom Warren / The Verge:
Source: Microsoft plans to close its $68.7B Activision Blizzard acquisition on October 13, with a final approval of the deal from the UK CMA expected next week  —  Microsoft is planning to finalize its $68.7 billion proposed acquisition of Activision Blizzard next week.
Katherine Sayre / Wall Street Journal:
Source: MGM Resorts refused to pay a hackers' ransom in the September cyberattack; filing: MGM estimates the hack will cost the company $100M+ in its Q3 2023  —  Fallout will have a $100 million negative impact on quarterly earnings, Las Vegas-based company says
Reuters:
Sources: OpenAI is exploring making its own AI chips and has evaluated a potential acquisition target; Sam Altman made acquiring more AI chips a top priority  —  OpenAI, the company behind ChatGPT, is exploring making its own artificial intelligence chips and has gone as far as evaluating …
Aisha Counts / Bloomberg:
Source: Linda Yaccarino told the banks that funded Elon Musk's Twitter takeover that X is testing three premium service tiers that vary how many ads are shown  —  - CEO Linda Yaccarino discusses plan in briefing to lenders  — X advertisers have been returning, but with smaller budgets
Natasha Lomas / TechCrunch:
The UK's Information Commissioner's Office issues a preliminary enforcement notice to Snap over its My AI chatbot possibly being a risk to children's privacy  —  Snap's AI chatbot has landed the company on the radar of the UK's data protection watchdog which has raised concerns the tool may be a risk to children's privacy.
Tim Craig / DL News:
THORSwap moves to a “maintenance mode” after criminals linked to the FTX hack last year used the decentralized exchange to swap $38M worth of ether for bitcoin  —  Decentralised exchange THORSwap disabled parts of its website interface Thursday after the hacker who swiped $450 million …
Bill Toulas / BleepingComputer:
Sony notifies 6,791 US individuals, including current and former employees and their family members, that a MOVEit Transfer data breach on May 28 affected them  —  Sony Interactive Entertainment (Sony) has notified current and former employees and their family members about a cybersecurity breach that exposed personal information.

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More News

Knight First Amendment Institute:
Michael Lewis / Wall Street Journal:
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Earlier Picks

Emanuel Maiberg / 404 Media:
Austin Weinstein / Bloomberg:
Tom Warren / The Verge:
Ben Schoon / 9to5Google:
Tom Warren / The Verge:
Natalie Korach / The Wrap: