Techmeme
February 9, 2024, 10:15 PM

Top News

Lucas Ropek / Gizmodo:
A Canadian minister says the country plans to ban devices that copy wireless signals for remote keyless entry, like Flipper Zero, to combat auto theft  —  The tiny hacking device has been viewed as a threat by law enforcement.  Now it looks like a major western government is trying to ban it.
Reuters:
New York Attorney General expands her October 2023 lawsuit against DCG, Genesis, and Gemini, tripling the size of their alleged fraud from Gemini Earn to $3B+  —  New York Attorney General Letitia James on Friday expanded her lawsuit against Digital Currency Group and other cryptocurrency defendants …
Sara Fischer / Axios:
Meta plans to not “proactively recommend political content from accounts you don't follow” on Threads, matching the company's policy on Facebook and Instagram  —  Meta will not “proactively recommend political content from accounts you don't follow” on Threads, the company said in a statement provided to Axios.
Aisha Malik / TechCrunch:
Grammarly lays off 230 employees as part of a restructuring, after growing from 200 to 1,000 over the past five years; the startup was valued at $13B in 2021  —  Grammarly is laying off 230 employees worldwide as part of a “business restructuring,” the company announced this week.
Reuters:
Sources: Nvidia is forming a unit for designing custom chips, including for AI and 5G, and discussed making them for Amazon, Meta, Microsoft, Google, and OpenAI  —  Nvidia (NVDA.O) is building a new business unit focused on designing bespoke chips for cloud computing firms and others …
Jason Koebler / 404 Media:
At a legislative hearing in Oregon, an Apple executive opposed a strong right-to-repair bill, despite Apple's support for a similar but weaker law in California  —  “It is our belief that the bill's current language around parts pairing will undermine the security, safety …
Jennifer Pattison Tuohy / The Verge:
Ring plans to raise the price of its cheapest subscription by 25% to $5 a month or $50 a year from March 11, 2024  —  In what is fast becoming a trend, another security camera company is raising the price of its subscription plan. … The Basic is Ring's cheapest plan and gives you access …
Ben Schoon / 9to5Google:
Samsung receives FDA authorization to add a feature to Galaxy Watch to detect “signs of moderate to severe obstructive sleep apnea” for users over the age of 22  —  Samsung just got approval from the FDA to use Galaxy Watch to detect if the wearer is dealing with sleep apnea.
Financial Times:
Sources: OpenAI's annualized revenue hit $2B in December 2023, up from $1.3B in October 2023, and the startup is aiming to more than double the figure in 2025  —  San Francisco-based start-up joins Google and Meta as one of the fastest-growing tech companies ever
Sarah McBride / Bloomberg:
Elon Musk switches the location of Neuralink's incorporation from Delaware to Nevada, after a Delaware judge struck down Musk's $55B Tesla pay package last week  —  - Billionaire has fraught history with Delaware legal system  — Musk has said he'll move Tesla's incorporation from the state

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