Techmeme
May 2, 2024, 4:50 AM

Top News

Jennifer Elias / CNBC:
Sources: Google laid off at least 200 employees from its “Core” teams, including its Python developer team, and plans to move some roles to Mexico and India  —  Sundar Pichai, chief executive officer of Alphabet Inc., during Stanford's 2024 Business, Government …
Leah Nylen / Bloomberg:
US v. Google: Google paid Apple $20B in 2022 to be the default search engine in Safari; in 2020, Google's payments constituted 17.5% of Apple's operating income  —  The deal between the two tech giants is at the heart of the landmark case, in which antitrust enforcers allege Google …
Bloomberg:
Lorenzo Franceschi-Bicchierai / TechCrunch:
UnitedHealth CEO Andrew Witty testifies that the Change Healthcare hack impacted “maybe a third” of Americans and notifying victims will take “several months”  —  Two months after hackers broke into Change Healthcare systems stealing and then encrypting company data …
Ashley Capoot / CNBC:
In a US Senate hearing, the UnitedHealth CEO says the company paid a $22M ransom to hackers who accessed a Change Healthcare server that wasn't protected by MFA  —  UnitedHealth CEO Andrew Witty testifies before the Senate Finance Committee on Capitol Hill on May 1, 2024 in Washington, DC.
Hayden Field / CNBC:
Anthropic launches a free iOS app and Team, its first enterprise plan, which offers access to its Claude 3 Opus, Sonnet, and Haiku models for $30/user/month  —  Anthropic on Wednesday announced its first-ever enterprise offering and a free iPhone app.  —  The generative artificial intelligence startup …
Vittoria Elliott / Wired:
Ethan Zuckerman sues to stop Meta from blocking his planned Unfollow Everything 2.0 extension that would let Facebook users effectively turn off their Feed  —  Academic Ethan Zuckerman is suing Meta to win protections for add-ons that help researchers study the platform and give users more control over their feeds.
Jem Aswad / Variety:
Universal Music Group and TikTok agree a new music licensing deal to bring UMG music back to the platform, including “improved remuneration” and AI protections  —  The months-long standoff between Universal Music Group and TikTok over royalty payments and AI policies is finally over …
Hannah Rabinowitz / CNN:
The US DOJ sentences Ukrainian national Yaroslav Vasinskyi to 13+ years in prison and orders $16M in restitution for helping REvil conduct ransomware attacks  —  A Ukrainian national was sentenced on Wednesday to more than 13 years in prison and ordered to pay $16 million in restitution …
Orlando Mayorquín / New York Times:
Airbnb launches Icons, a new category of experiences that lets users meet celebrities and stay in outlandish venues, like a replica of the house from Pixar's Up  —  The company announced a new category of outlandish stays in partnership with brands and celebrities, building on the success of gimmicks like the Barbie Malibu DreamHouse.
Tom Warren / The Verge:
Gretchen Morgenson / NBC News:
Sources: US federal prosecutors are digging into internal practices at Block, discussing with an ex-employee alleged widespread and yearslong compliance lapses  —  Internal documents indicate Block processed crypto transactions for terrorist groups and Square processed transactions involving nations subject to economic sanctions.
Sofia Barnett / Wired:
Anonymous social media app Sidechat has become both a place for dialog and a breeding ground for hate speech amid US college protests over the Israel-Hamas war  —  Amidst tensions about free speech on university campuses and the ongoing Israel-Hamas war, anonymous social media app Sidechat has become a hotbed of vile rhetoric.
Kyle Chayka / New Yorker:
As social media platforms pivot away from news distribution, a look at news sites like The Verge, which function like social media, with aggregation and more  —  As social networks become less reliable distributors of the news, consumers of digital journalism are seeking out an older form of online real estate.
Asa Fitch / Wall Street Journal:
New Jersey-based CoreWeave, which offers GPUs in the cloud, raised $1.1B led by Coatue at a $19B valuation, up from $7B after raising $642M in December 2023  —  Company raises $1.1 billion from investors including Fidelity, Magnetar Capital  —  CoreWeave, a cloud-computing company backed by Nvidia …
Frederic Lardinois / TechCrunch:

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More News

Saritha Rai / Bloomberg:
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