Techmeme
March 12, 2024, 12:50 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 …
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 …
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
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 …
Fortune:
Sources: Monad Labs, which is building an Ethereum virtual machine-compatible Layer 1 blockchain, is in talks to raise $200M+ led by Paradigm at a $3B valuation  —  Monad is in talks to raise more than $200 million at a $3 billion valuation.  —  Massive crypto raises are back: Paradigm …
More: The Block
Manish Singh / TechCrunch:
Elon Musk says xAI plans to open source Grok this week; xAI released Grok in November 2023, offering access to “real-time” data via X's $16/month subscription  —  Elon Musk's AI startup xAI will open source Grok, its chatbot rivaling ChatGPT, this week, the entrepreneur said …

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Earlier Picks

Hannah Murphy / Financial Times:
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Jonathan Stempel / Reuters:
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Foo Yun Chee / Reuters: