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March 28, 2024, 8:10 PM
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Reuters:
A US judge sentences Sam Bankman-Fried to 25 years in prison for stealing from users of his now-bankrupt FTX crypto exchange and orders him to forfeit $11B+  —  Sam Bankman-Fried was sentenced to 25 years in prison by a judge on Thursday for stealing $8 billion from customers …
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Joe Rossignol / MacRumors:
Apple sues an ex-employee for allegedly leaking details about the Journal app and more to journalists, to “kill” products and features with which he took issue  —  Apple this month sued its former employee Andrew Aude in California state court, alleging that he breached …
Emilia David / The Verge:
The US OMB releases new AI guidance, requiring that all federal agencies submit an annual AI report and have a senior leader overseeing all AI systems they use  —  All US federal agencies will now be required to have a senior leader overseeing all AI systems they use, as the government wants …
Mark Gurman / Bloomberg:
Sources: Apple plans to launch new iPad Pro and iPad Air models in early May; iPad Pros will get OLED displays, while iPad Air will get a 12.9" screen option  —  - Company's tablet line hasn't been updated in about 18 months  — Latest iPad Pro will get OLED; Air will have new screen size
Emma Roth / The Verge:
Amazon One launches apps that use AI to scan users' palm vein structure, letting them sign up for the palm-scanning service without visiting a physical location  —  Amazon now lets you sign up for its palm recognition service directly from your phone.
Kurt Wagner / Bloomberg:
A researcher finds that X is testing a feature that lets users create or join communities focused on “adult content” or other “not safe for work” material  —  - Screenshots show that people can label communities as ‘NSFW’  — X already allows adult content, but forbids ads on the topic
Abner Li / 9to5Google:
Google plans to add Gemini Nano to the Pixel 8 as part of the next Pixel Feature Drop, weeks after saying the phone can't get Nano due to “hardware limitations”  —  After “hardware limitations” were cited as the reason that the Pixel 8 isn't getting Gemini Nano earlier this month …
Wired:
Investigation: data broker Near Intelligence left the coordinates of nearly 200 mobile devices of people who visited Jeffrey Epstein's island exposed online  —  A WIRED investigation uncovered coordinates collected by a controversial data broker that reveal sensitive information about visitors …
New York Times:
Ray-Ban Meta glasses hands-on: AI features coming in April, triggered by “Hey, Meta”, are sometimes impressive and helpful, but the AI often gets things wrong  —  Brian X. Chen, left, and Mike Isaac, reporters for The New York Times, trying out Meta's new Ray-Ban smart glasses.Aaron Wojack for The New York Times
Rebekah Valentine / IGN:
Take-Two acquires Borderlands developer Gearbox Entertainment from the Embracer Group for $460M in stock; the deal is expected to close by the end of June 2024  —  A new Homeworld game is also in development.  —  Embracer Group has officially divested Gearbox Entertainment …
Aisha Malik / TechCrunch:
YouTube now lets creators share exclusive Shorts with paying viewers, says Shorts average 70B+ daily views and 25%+ of creator partners monetize via Shorts  —  YouTube is launching a version of Shorts that's only for members, allowing creators to share short-form videos exclusively with their paying viewers.
Jonathan Vanian / CNBC:
Reddit shares plunge almost 25% in two days, after soaring 30% on Monday, and finish the week at $49.30, below the first trading day close of $50.44  —  The trading floor of the New York Stock Exchange prepares for the social media platform Reddit's initial public offering in New York City on March 21, 2024.
Kyle Wiggers / TechCrunch:
AI21 Labs launches Jamba, an AI model that integrates two architectures: transformer and Mamba, which is based on the Structured State Space model  —  Increasingly, the AI industry is moving toward generative AI models with longer contexts.  But models with large context windows tend to be compute-intensive.
Washington Post:
Scammers are using sample videos of influencers with modest social media presence to create AI deepfake ads that often push offensive products and ideas  —  Artificial intelligence is spurring a new type of identity theft — with ordinary people finding their faces and words twisted to push often offensive products and ideas
Bloomberg:
Sources: the US and UK are reviewing $20B+ in Tether transactions made via Moscow-based crypto exchange Garantex, as part of a crackdown on sanctions evasion  —  - Allies review Tether transfers to sanctioned exchange Garantex  — Tether says it works with law enforcement to ensure compliance
Kyle Wiggers / TechCrunch:
Google's charitable wing Google.org debuts an accelerator for generative AI, to be funded by $20M in grants and starting with 21 nonprofits, including Quill.org  —  Google.org, Google's charitable wing, is launching a new program to help fund nonprofits developing tech that leverages generative AI.
Meir Orbach / CTech:
Cybersecurity startup Zafran, which develops risk mitigation services, emerges from stealth with a $25M Series A co-led by Sequoia Capital and Cyberstarts  —  Zafran, founded in 2022 by Yashar (CEO), Ben Seri (CTO) and Snir Havdala (CPO), develops a risk and mitigation platform to pinpoint …
Tabby Kinder / Financial Times:
A profile of Anduril founder Palmer Luckey, as the AI surveillance and defense tech startup, which sells drones to the US, expects $1B in annual revenue by 2026  —  Silicon Valley has found a lucrative trade selling AI-powered weapons — and Palmer Luckey is leading the way

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From Mediagazer

Peter White / Deadline:
Fox and Hulu extend their content partnership, including in-season streaming rights for Fox's programming; sources: the deal is worth $1.5B over four years

Michael S. Rosenwald / New York Times:
Mike Shatzkin, a publishing consultant who was among the first in the industry to shake publishers into confronting the digital disruption, died on Nov. 7 at 77

Peter Kafka / Business Insider:
A Q&A with Chris Balfe, CEO of Red Seat Ventures, which has helped Tucker Carlson and Megyn Kelly set up their podcast and streaming businesses and sell ads

More News

Matt Day / Bloomberg:
Analysis: in the past two years, Amazon committed to spending $148B over 15 years on data centers, including in Mississippi, Saudi Arabia, and Malaysia
Cecilia Kang / New York Times:
At a May 1 event in DC, 100+ tech CEOs and investors plan to lobby against AI regulation, ask to relax immigration rules, and drum up hawkishness toward China

Earlier Picks

Open Web Advocacy:
How in-app browsers silently subvert user choice, stifle innovation, trap users into apps, break websites, and enable apps to severely undermine user privacy
Álvaro / eXputer:
Leaked images show a white disc-less Xbox Series X, which Microsoft plans to release in summer 2024, with the same design as the existing black Xbox Series X
Taylor Lorenz / Washington Post:
GLAAD: Meta is failing to curb posts calling for violence against trans people, calling trans and gender nonconforming people “satanic” and “perverts”, and more
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