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May 4, 2024, 12:40 AM
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Top News

Wendy Lee / Los Angeles Times:
How the AI-generated music video for Washed Out's The Hardest Part was created entirely using OpenAI's Sora, a first from a major record label  —  “The Hardest Part,” a new song from indie pop artist Washed Out, is all about love lost, among the most human of themes.
Alex Kantrowitz / Big Technology:
Elon Musk says he wants Grok to create news summaries by relying solely on X posts, without looking at article text, and improved story citations are coming
Tom Warren / The Verge:
Microsoft outlines security principles and goals tied to executive compensation packages, following a scathing US Cyber Safety Review Board report in April 2024  —  - Protect identities and secrets. … - Protect tenants and isolate production systems. … - Protect networks.
Nikhilesh De / CoinDesk:
Russian national Alexander Vinnik, one of the operators of crypto exchange BTC-e from 2011 to 2017, pleads guilty to conspiracy to commit money laundering  —  Vinnik was first arrested in 2017, but faced a lengthy extradition process that saw him spend time in Greece and France before being sent to the U.S.
Vikas SN / Moneycontrol:
Ola founder Bhavish Aggarwal's Krutrim launches an Android app for its eponymous AI chatbot as the startup prepares to launch its developer offerings on May 4  —  Krutrim's mobile app launch comes as the country's first AI unicorn gears up to launch its developer offerings, which includes cloud infrastructure and mapping solutions.
Nico Grant / New York Times:
Google employees have mostly ignored the DOJ's antitrust case, and some expect only small business tweaks and some fines; closing arguments concluded on May 3  —  They shrugged off concerns about the company's fate ahead of closing arguments in the Justice Department's lawsuit this week.
C.C. Weiss / New Atlas:
Natron Energy starts production of sodium-ion batteries that it says charge and discharge 10x faster than lithium-ion, initially for use at data centers  —  Two years ago, sodium-ion battery pioneer Natron Energy was busy preparing its specially formulated sodium batteries for mass production.
Jess Weatherbed / The Verge:
Google says 400M+ Google Accounts have used passkeys since the rollout, logging 1B+ authentications, and expands passkeys to its Advanced Protection Program  —  Google is kicking off World Password Day by updating us on its efforts toward replacing the often hacked, guessed, and stolen form of authentication with passkeys.
Tom Warren / The Verge:
Microsoft rolls out passkey support for all consumer accounts; Microsoft account owners can generate passkeys across Windows, Android, and iOS

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From Mediagazer

Daniel Thomas / Financial Times:
Trade body data: copyrighted music revenue was $45.5B in 2023, above cinema box office spending of $33.2B in 2023 and $41.9B in 2019; record labels made $28.5B

Dominic Ponsford / Press Gazette:
Press freedom groups send six questions to the Scott Trust over The Observer sale, including why there is only one bidder and why staff can't speak out freely

Lucas Shaw / Bloomberg:
The music industry is entering a cycle of consolidation, driven by a slowdown at the major labels, the growing market for independents, and the rapacity of PE

More News

Alison Snyder / Axios:
CSET: global AI research more than doubled between 2017 and 2022; Chinese Academy of Sciences was the top producer of highly cited AI papers, followed by Google
Mark Gurman / Bloomberg:
What to expect from Apple's May 7 event: OLED iPad Pros possibly with M4 chips, 10.9" and 12.9" iPad Airs, and updates to the Apple Pencil and Magic Keyboard
Ashley Stewart / Business Insider:
Sources: Bill Gates remains intimately involved in Microsoft's operations, advising on strategy, nurturing Microsoft's relationship with Sam Altman, and more
Lisa O'Carroll / The Guardian:
Germany “unambiguously” finds that Russian state-backed hacker Fancy Bear was behind cyberattacks in 2023 that took down several German government websites

Earlier Picks

Lindsay Clark / The Register:
A committee of UK legislators says the government's “reticence” to address alleged copyright theft is a “de facto endorsement” of how tech companies build LLMs
Sarah Perez / TechCrunch:
Filing: Google pushes back on Epic's demands after its antitrust win, saying the proposed remedies are “unnecessary” and “far beyond the scope” of the verdict
Katie Deighton / Wall Street Journal:
Stock photographers prepare for AI disruption, as stock photo companies say traditional photography still has a market but work on building their own AI tools
Sudz Niel Kar / MyHealthyApple:
The US FDA approves Apple Watch's AFib history feature for clinical studies, the first digital health tech qualified under the FDA's MDDT program
Olga Kharif / Bloomberg:
Coinbase reports Q1 net revenue up 116% YoY to $1.59B, vs. $1.32B est., net income of $1.18B, consumer transaction revenue of $935M, up 99% QoQ
MacKenzie Sigalos / CNBC:
Block reports Q1 revenue up 19% YoY to $5.96B, vs. $5.82B est., gross profit up 22% to $2.09B, Square profit up 19%, and Cash App profit up 25%
Apple:
Apple reports Q2 revenue down 4% YoY to $90.75B, net income down 2% to $23.64B, and announces a $110B share buyback, its largest yet
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