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March 21, 2024, 10:35 AM
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CNBC:
Reddit priced its IPO at $34 per share, the top of its expected $31-$34 range, raising $519M and valuing the company at nearly $6.5B, ahead of its market debut  —  In this photo illustration a Reddit logo is seen displayed on a smartphone.  —  Reddit, the 19-year-old website that hosts millions …
Kevin Roose / New York Times:
How Reddit, one of the last online spaces where real people gather, went from one of the darkest parts of the internet to a content moderation success story  —  The site's journey from toxic cesspool to trusted news source illustrates the business value of keeping bad actors at bay.
Bloomberg:
Sources: the US DOJ plans to sue Apple as soon as Thursday, accusing the company of violating antitrust laws by blocking rivals from accessing iPhone features  —  - Lawsuit to be filed in federal court as soon as Thursday  — Case comes as iPhone maker also faces scrutiny in Europe
Ben Schoon / 9to5Google:
Epic plans to release its Epic Games Store on iOS and Android later in 2024, offering “the same fair terms” as its PC store, including a 12% commission on sales  —  With plans to launch its own game store on iOS, it's now been announced that the Epic Games Store is coming to Android.
Wall Street Journal:
Meta, Microsoft, X, and Match Group file an amicus briefing in Epic v. Apple protesting Apple's plan to charge a commission for payments outside the App Store  —  Four tech companies object to Apple's new app store policies related to payment for services  —  Meta Platforms , Microsoft …
Emily Mullin / Wired:
Neuralink shows its first brain implant patient, a 29-year-old man paralyzed from the shoulders down, playing online chess using the Neuralink device  —  In a livestream on X, the paralyzed 29-year-old man used his Neuralink brain implant to control a computer.
Financial Times:
Chinese state media: during his visit to Shanghai, Tim Cook says “there's no supply chain in the world that's more critical to us than China”  —  Apple chief Tim Cook has said China is “critical” to its business in comments made during a visit to the country …
Kate Knibbs / Wired:
Fairly Trained certifies KL3M, an LLM claimed to be built without the permissionless use of copyrighted materials by legal tech consultancy startup 273 Ventures  —  OpenAI claimed it's “impossible” to build good AI models without using copyrighted data.  An “ethically created” …
Sidhartha Shukla / Bloomberg:
In a letter to Judge Kaplan, FTX CEO John Ray says SBF's claims of “zero” harm to users are “demonstrably false” and FTX had only 105 bitcoin when Ray took over  —  - Ray called the claims ‘callously’ and ‘demonstrably’ false  — SBF had claimed customers on the exchange suffered no harm
Krisztian Sandor / CoinDesk:
BlackRock unveils its first tokenized asset fund, BUIDL, built on the Ethereum network and fully backed by cash, US Treasury bills, and repurchase agreements  —  The asset management giant also made a strategic investment in asset tokenization company Securitize.
Zephyr Teachout / The Atlantic:
The TikTok divestment bill fits into a long and important US tradition of forbidding a hostile foreign power from controlling a major communication platform
Bloomberg:
A UK jury finds Jian Wen guilty of laundering bitcoin for a Chinese fugitive allegedly behind a ~$6B fraud in China; police had seized BTC worth $2.2B+ in 2018  —  - Jury finds Jian Wen guilty on one count of money laundering  — Jian helped Chinese fugitive Zhimin Qian launder Bitcoin
Ivan Mehta / TechCrunch:
The Browser Company, which makes the Arc browser, raised $50M led by Pace Capital at a $550M valuation, bringing its total funding to $128M  —  The Browser Company, which makes the Arc browser, has raised $50 million in a round led by Pace Capital at a $550 million valuation, TechCrunch has learned exclusively.
Anna Tong / Reuters:
Tokyo-based Sakana AI, founded by two Google researchers, releases three Japanese language models using “model merging”, which combines existing models  —  Sakana AI, a Tokyo-based artificial intelligence startup founded by two prominent former Google (GOOGL.O) researchers …
Matt Burgess / Wired:
An analysis of cookie pop-ups on the 10,000 most popular websites: dozens share data with 1,000+ companies, and thousands share data with 100+ companies  —  Cookie pop-ups now show the number of “partners” that websites may share data with.  Here's how many of these third-party companies …
More: WinBuzzer
Yossi Matias / The Keyword:
In a research paper, Google Research details how AI helped to provide accurate flood forecasting in over 80 countries up to seven days in advance of the flood  —  A paper published in Nature today shows how Google Research uses AI to accurately predict riverine flooding and help protect livelihoods …
Frederic Lardinois / TechCrunch:
GitHub releases code scanning autofix, powered by Copilot and CodeQL, in public beta for GitHub Advanced Security customers, to help them fix vulnerabilities  —  It's a bad day for bugs.  Earlier today, Sentry announced its AI Autofix feature for debugging production code and now …
Wired:
As “censorship free” social network Parler returns to the iOS App Store, CEO Ryan Rhodes talks new features, moderation, and building “a true open platform”  —  The “free speech” social media alternative is back on Apple's App Store ahead of its official relaunch.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:35 AM ET, March 21, 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

Jessica Toonkel / Wall Street Journal:
A deep dive into Paramount's sale to Skydance; sources: Skydance may integrate Pluto into Paramount+, and CBS head George Cheeks is expected to be head of TV

Brian Stelter / CNN:
In a letter to Bob Iger, incoming FCC chair Brendan Carr raised concerns about ABC's negotiations with its affiliated stations, public trust in media, and more

Todd Spangler / Variety:
Netflix will host NFL Christmas games, including Beyonce's Halftime show, for only three hours after streaming them live; replays will be available on NFL+

More News

Abner Li / 9to5Google:
Qualcomm announces the Snapdragon 7+ Gen 3, a 4nm chip aimed at high-end smartphones that adds on-device generative AI and Wi-Fi 7; OnePlus is the first partner
Reuters:
US government emails show India rolled back its policy to impose restrictions on laptop imports in 2023 after behind-the-scenes lobbying by US officials

Earlier Picks

David Gilbert / Wired:
X suspends the accounts of some journalists and researchers who posted the alleged real name of neo-Nazi cartoonist Stonetoss, after Stonetoss appealed to Musk
Ian King / Bloomberg:
Micron reports Q2 revenue up 58% YoY to $5.82B, vs. $5.53B est., and forecasts Q3 revenue above estimates, buoyed by demand for AI hardware; MU jumps 11%+
Tim Copeland / The Block:
A commit in Ethereum Foundation's GitHub repository shows the foundation has received a voluntary and confidential inquiry from an unspecified state authority
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