Techmeme
February 19, 2024, 7:10 PM

Top News

Ben Schoon / 9to5Google:
Wyze says ~13,000 customers could briefly see others' camera feeds, after a similar issue in 2023; Wyze blames glitches in rebooting systems after an AWS outage  —  It's, unfortunately, increasingly common for security cameras to have a glitch that exposes data from one user's system …
Wall Street Journal:
Tech investors and founders are flocking back to San Francisco, which is undergoing an AI boom, after leaving during the pandemic for Miami and other US cities  —  In 2020, venture capitalist Keith Rabois urged startup founders to join him in ditching San Francisco for Miami …
Jamie Tarabay / Bloomberg:
Law enforcement from 11 countries, including the FBI and UK National Crime Agency, disrupt the LockBit gang and seize 11K domains used to facilitate ransomware  —  - Law enforcement from 11 agencies participated in operation  — Ransomware websites used by hackers seized to thwart attacks
Drew Harwell / Washington Post:
The US awards $1.5B to GlobalFoundries from the $52B CHIPS Act, plus $1.6B in loans, to build a fab at its HQ in Malta, New York, and to expand its Fab 8 plant  —  The massive grant, part of the Chips Act, will help the U.S. establish a homegrown supply for some of the most critical components of modern life.
Javier Espinoza / Financial Times:
Sources: the EU plans to fine Apple ~€500M in March for allegedly breaking EU law over access to music streaming services, following a 2019 complaint by Spotify  —  Move is culmination of long-running European Commission antitrust probe after a complaint by Spotify
Paul Sawers / TechCrunch:
MariaDB, which went public in December 2022 via a SPAC, receives an offer from K1 to take it private in a $37M deal, far below its $672M Series D valuation  —  MariaDB is the subject of another potential takeover bid, as the company behind the eponymous open source relational database management system …
South China Morning Post:
Meizu, which was acquired by Chinese automaker Geely in 2022, will no longer make smartphones, to pursue an “all in AI” strategy over the next three years  —  - Meizu said it is terminating all traditional smartphone projects to focus on developing artificial intelligence-enabled handsets
Mark Gurman / Bloomberg:
Apple Store sources: Vision Pro returns are between average and above average compared to other products; some in-store demo conversion rates are 10% to 15%  —  The Apple Vision Pro has now been available for two weeks — and some of Apple's most dedicated customers are returning the device to get back their $3,500.
Foo Yun Chee / Reuters:
The European Commission opens an investigation into whether TikTok breached DSA rules meant to protect children, the second such investigation, after X's  —  The European Commission has opened formal proceedings against ByteDance's TikTok under the Digital Services Act (DSA) …

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Zoho:
Transform sales efficiency with VoIP-CRM integration  —  This is a guest post by CallHippo.  Sales efficiency is critical for success in today's competitive business landscape.  However, many businesses struggle …
Genesys:
Executive Insights: The Era of Contact Center AI Copilots  —  How AI copilots are transforming customer experience and agent performance.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Techmeme Ride Home:
Wed. 12/18 - Is Your Home Internet Router About To Be Banned?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:10 PM ET, February 19, 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.

More News

The Economic Times:

Earlier Picks

Zeke Faux / Bloomberg: