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February 29, 2024, 9:35 PM
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Jason Schreier / Bloomberg:
Source: Embracer plans to sell its subsidiary Saber Interactive to private investors in a $500M deal, making Saber a privately-owned company with ~3,500 staff  —  Saber will continue developing Star Wars: Knights of the Old Republic  —  Swedish gaming company Embracer Group AB will sell …
Jordan Novet / CNBC:
Microsoft launches Copilot for Finance in public preview, helping users reconcile data in Excel, speed up the collections process in Outlook, and more  —  - Microsoft is launching a Copilot for Finance, which it said will be able to perform a handful of common role-specific actions in Excel and Outlook.
Consumer Reports:
Researchers find serious security flaws in cheap video doorbells sold by Chinese company Aiwit under various brand names on Amazon, Shein, Temu, and other sites  —  The devices are also sold by Walmart, Sears, and other retailers—and big platforms have faced few consequences for shipping flawed products
Michael Nuñez / VentureBeat:
Alibaba researchers detail EMO, or Emote Portrait Alive, an AI system that creates a realistic talking or singing video from a portrait photo and an audio file  —  Researchers at Alibaba's Institute for Intelligent Computing have developed a new artificial intelligence system called “EMO,” …
Ashley Capoot / CNBC:
Change Healthcare confirms that the ransomware group BlackCat is behind the ongoing attack that has caused widespread disruptions to pharmacies across the US  —  - Change Healthcare on Thursday confirmed that the ransomware group Blackcat is behind the ongoing cybersecurity attack that's been impacting its systems since last week.
Jon Porter / The Verge:
Microsoft outlines its new DirectSR API, which lets game developers integrate super resolution AI-upscaling features from Nvidia, AMD, Intel, and others  —  Microsoft has outlined a new Windows API designed to offer a seamless way for game developers to integrate super resolution AI-upscaling features from Nvidia, AMD, and Intel.
Bill Toulas / BleepingComputer:
JFrog finds ~100 malicious PyTorch and Tensorflow Keras models on Hugging Face, some of which can execute code on users' machines to give attackers a backdoor  —  At least 100 instances of malicious AI ML models were found on the Hugging Face platform, some of which can execute code on the victim's machine …
Aisha Malik / TechCrunch:
Brave launches its AI-powered assistant Leo, which can create real-time summaries of webpages or videos, generate long form content, and more, on Android  —  Brave is launching its AI-powered assistant, Leo, to all Android users.  The assistant allows users to ask questions, translate pages, summarize pages, create content and more.
Abner Li / 9to5Google:
Google adds Photomath, which lets users solve math problems by taking a photo, to its Play Store and App Store publisher accounts, after buying the app in 2022  —  In May of 2022, Google announced that it was acquiring a math solver app called Photomath.  The deal closed last year …
Jeanne Whalen / Washington Post:
The US launches a probe into possible security risks of Chinese-manufactured vehicles, saying modern cars are like smartphones and could be used for espionage  —  The Biden administration says software and digital connections in modern cars could be used to spy on Americans or sabotage the vehicles
Davey Winder / Forbes:
Russian-speaking LockBit threatens to release Trump case documents in Fulton County Court that “could affect the upcoming US election” unless a ransom is paid  —  The LockBit ransomware group is threatening to release Fulton County Court documents related to Donald Trump's case unless …
Annie Palmer / CNBC:
Robotics startup Figure AI confirms raising $675M at a $2.6B valuation and is partnering with OpenAI to “develop next-generation AI models for humanoid robots”  —  - Figure AI raised $675 million from investors including Jeff Bezos, Nvidia, Amazon, Microsoft and OpenAI.
Larry Dignan / Constellation Research:
Dell reports Q4 revenue down 11% YoY to $22.3B vs. $22.2B est., Client revenue down 12% to $11.7B, and Infrastructure revenue down 6% to $9.3B; DELL jumps 15%+  —  Dell Technologies reported a better-than-expected fourth quarter as the company saw strong demand for AI-optimized servers.
Bloomberg:
Meta says it plans to deprecate the Facebook News tab in the US and Australia in early April 2024 and won't sign new deals for news content in those countries  —  Meta Platforms Inc. is winding down its news feature in the US and Australia, part of a broader shift away from the category for the social media giant.
Stephanie Kirchgaessner / The Guardian:
A US judge orders the NSO Group to hand over its code for Pegasus and other spyware products to WhatsApp, as part of the company's ongoing litigation  —  Israeli company NSO Group is accused in lawsuit by Meta's messaging app of spying on 1,400 users over a two-week period
Paul Vieira / Wall Street Journal:
Canada's antitrust watchdog expands its four-year probe into Google's online ad practices, with a focus on whether the company engages in predatory pricing  —  The Competition Burea is investigating whether the search giant engages in predatory pricing  —  OTTAWA—Canada's antitrust watchdog …
Morgan Sung / Rest of World:
As Twitch shuts down in South Korea citing high costs due to new “sender pays” network rules, livestreamers struggle to use Korean rivals like AfreecaTV  —  The streaming giant attributed its departure to high network fees.  — On February 27, Twitch officially shut down business in South Korea.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:35 PM ET, February 29, 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

Brian Steinberg / Variety:
Warner Bros. Discovery announces a restructuring to create two separate units: one for linear TV networks and one for production studios and streaming platforms

Benjamin Mullin / New York Times:
BuzzFeed reaches a deal to sell Hot Ones owner First We Feast for $82.5M in cash to a consortium of investors led by an affiliate of Soros Fund Management

Costas Pitas / Reuters:
Donald Trump picks former news anchor and hardline Republican Kari Lake to be the director of US government-funded media outlet Voice of America

More News

Frederic Lardinois / TechCrunch:
Stack Overflow launches OverflowAPI to give AI companies access to its knowledge base, starting with Google, which will use the data for Gemini for Google Cloud

Earlier Picks

Natasha Lomas / TechCrunch:
Eight EU consumer rights groups lodge GDPR complaints with national data protection authorities, accusing Meta of coercing users with its “pay-or-consent” model
Dan Goodin / Ars Technica:
Researchers detail an ongoing namespace confusion attack impacting 100K+ GitHub repos that involves cloning and infecting existing repos with malware loaders
Deepa Seetharaman / Wall Street Journal:
Sources: the SEC is investigating whether OpenAI investors were misled, after the board claimed during Sam Altman's firing that he wasn't “consistently candid”
Reuters:
Coinbase says all services on its website have been restored after a “display issue” on February 28 caused some users to see a zero balance in their account
Leo Schwartz / Fortune:
Gemini agrees to return the $1B+ owed to customers and pay a $37M fine in a settlement with the New York Department of Financial Services related to Gemini Earn
Alex Koller / CNBC:
EA plans to cut 5% of its workforce, part of a plan that includes reducing office space and sunsetting some games; EA employed 13,400 workers as of March 2023
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