Techmeme
March 12, 2024, 3:55 AM

Top News

Matt Burgess / Wired:
Emma Roth / The Verge:
Airbnb will no longer let hosts use indoor security cameras, starting April 30, citing renters' privacy; previously, cameras in common areas had been allowed  —  Airbnb will no longer allow hosts to use indoor security cameras, regardless of where they're placed or what they're used for.
Lara O'Reilly / Business Insider:
Sources: Apple is testing an AI-powered ad tool that automatically decides where to place ads within the App Store, similar to Google's Performance Max ad tool  —  - Apple is testing a new AI-powered tool for optimizing App Store ad campaigns.  — The tool mimics Google's Performance Max …
Forbes:
A profile of Ryan Breslow, the founder of Bolt, whose $355M Series E in 2022 set off 18 months of acrimonious lawsuits and a showdown with early backer Activant  —  The Silicon Valley wunderkind rode his fintech unicorn Bolt to the bank.  Then came the lawsuits and money squabbles …
Financial Times:
Sources: Samsung and SK Hynix are storing, instead of selling, second-hand chipmaking machines over fears of breaking US export controls and sanctions  —  Samsung and SK Hynix have been storing used machines in warehouses as US-China tensions rise  —  Samsung and SK Hynix …
More: Reuters
Rachel Metz / Bloomberg:
Filing: OpenAI rebuts Elon Musk's lawsuit, saying OpenAI didn't violate its founding agreement because “there is no founding agreement, or any agreement at all”  —  OpenAI rebutted Elon Musk's claims against it in a court filing, saying that the Tesla Inc. billionaire's claims …
Brian Heater / TechCrunch:
Covariant, an AI-powered robot maker, debuts RFM-1, an AI model the company says can process physics, may limit the need for bespoke robotics programming, more  —  The UC Berkeley spinout says its new AI platform can help robots think more like people  —  Covariant this week announced …
Alexandra Sternlicht / Fortune:
TikTok uses a non-disparagement clause in RSU contracts, perhaps to silence staff, an unusual practice; one ex-staffer claims a share buyback offer was withheld  —  Current and former TikTok employees who criticize the company risk losing any stock they own—in some cases worth millions of dollars …
Isaac Taylor / Wall Street Journal:
Eye Security, which provides cyber protection, incident response, and cyber insurance tools, raised a €36M Series B, led by JP Morgan Growth Equity Partners  —  European Union rule changes and a talent shortage are driving investor interest in cybersecurity
Fortune:
Sources: a16z Crypto made a secret $100M investment in Kickstarter in 2021 that let staff and investors cash out and led to its later-abandoned blockchain pivot  —  In early December 2021, employees at the crowdfunding startup Kickstarter got news of a windfall: An investor group wanted to buy some of their shares.

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Earlier Picks

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