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May 7, 2024, 10:08 AM
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Top News

Apple on YouTube:
A livestream of Apple's “Let Loose” event  —  Join us for a special Apple Event on May 7 at 7 a.m. PT. Set a reminder now and we'll send you an update before showtime.
The Verge:
A live blog of Apple's “Let Loose” event, where OLED iPad Pros, a bigger iPad Air, a more laptop-esque Magic Keyboard, and a “pro” style Pencil are expected  —  We're expecting a new iPad Pro, iPad Air, and a few new accessories. … Y'all ready for some new iPads?
Takashi Mochizuki / Bloomberg:
Nintendo President Shuntaro Furukawa says the company plans to announce its Switch successor in the coming year; the Switch has sold 141M+ units since 2017  —  - Company missed profit estimates for the March quarter  — Outlook falls shy of expectations as flagship console ages
Wall Street Journal:
Sources: Apple has been working on its own chip designed to run AI software in data center servers; the project is internally codenamed Project ACDC  —  The company is leaning on its long history of chip development in the effort, code-named Project ACDC  —  Apple has been working …
New York Times:
Sources and messages: Binance compliance officer Tigran Gambaryan told executives and Nigerian contacts of a $150M crypto bribe request, prior to his arrest  —  A compliance officer for the cryptocurrency exchange told senior executives and Nigerian contacts that the company had been asked to pay $150 million in crypto.
Sky News:
Sources: China has hacked a payroll system used by the UK's Ministry of Defence, targeting service personnel; names and bank details have been exposed  —  MPs will be told on Tuesday of a massive data breach involving the Ministry of Defence, targeting service personnel.
David E. Sanger / New York Times:
US and Chinese diplomats plan to meet later in May to find common ground on AI usage and situations where AI should be banned, like controlling nuclear arsenals  —  The new U.S. approach to cyberthreats comes as early optimism about a “global internet” connecting the world has been shattered.
Aisha S Gani / Bloomberg:
UK banking app Revolut launches Revolut X, a crypto trading service to let “experienced traders” buy and sell 100+ different tokens, with 0% to 0.09% fees  —  The new platform, called Revolut X, will allow “experienced traders” to buy and sell over 100 different tokens, according to a statement on Tuesday.
Dan Goodin / Ars Technica:
Researchers detail an attack against many VPN apps that force them to send some or all traffic outside of the VPN encrypted tunnel; Android mitigates the flaw  —  TunnelVision vulnerability has existed since 2002 and may already be known to attackers.  —  Researchers have devised an attack …
Kyle Alspach / CRN:
Google Cloud unveils Google Threat Intelligence, which uses Gemini and combines insights from Mandiant, VirusTotal, and Google to provide faster protection  —  Launched at RSAC 2024, the new Google Threat Intelligence offering provides faster protection against threats by combining insights from Mandiant …
Rick Claypool / Public Citizen:
OpenSecrets: crypto sector-backed super PACs have raised $102M+ so far, the third-most of 2024 election PACs, including $54M from companies like Coinbase  —  Key Findings  — Super PACs backed by the cryptocurrency sector have raised more than $102 million, the third-most of all super PACs engaged …
Mike Butcher / TechCrunch:
UK-based Wayve, which is developing a self-learning system for autonomous driving, raised a $1.05B Series C led by SoftBank, the UK's largest AI fundraise ever  —  Wayve, a U.K.-born startup developing a self-learning rather than rule-based system for autonomous driving …
Ingrid Lunden / TechCrunch:
Cloud security startup Wiz raised a $1B Series E co-led by a16z, Lightspeed, and Thrive at a $12B valuation, and plans to expand its business via acquisitions  —  Wiz, the buzzy startup building an all-in-one cloud security platform, is on an acquisition march to expand its business quickly en route to an IPO.
More: Wiz Blog
Katrina Manson / Bloomberg:
Microsoft deploys a generative AI model entirely divorced from the internet, saying US intel agencies can now harness the tech to analyze top secret information  —  - Product went live Thursday after overhauling a supercomputer  — US spy agencies are keen to harness generative AI technology
Associated Press:
A look at Campaign Nucleus, an AI company from ex-Trump campaign manager Brad Parscale, who says its AI can generate emails, gauge voter sentiment, and more  —  Donald Trump's former campaign manager looked squarely into the camera and promised his viewers they were about to witness a bold new era in politics.

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From Mediagazer

Anna Marie de la Fuente / Variety:
NBC News launches its 24/7 streaming service NBC News Now in Latin America in two of its biggest markets, Mexico and Brazil

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

Mark Kleinman / Sky News:
Sources: CVC Capital Partners and a major European broadcaster, thought to be France's Groupe TF1, are among those considering a takeover of the UK's ITV

More News

Forbes:
A look at the trademark dispute over the name AGI House between two rival hacker houses, one in Hillsborough and the other in Twin Peaks in the Bay Area
Reuters:
Synopsys agrees to sell its Software Integrity Group business to a private equity consortium led by Clearlake and Francisco Partners, in a deal valued at $2.1B

Earlier Picks

Ben Dickson / VentureBeat:
A study by Meta researchers suggests that training LLMs to predict multiple tokens at once, instead of just the next token, results in better and faster models
Aaron Holmes / The Information:
Sources: Microsoft is training MAI-1, a new, in-house AI model with ~500B parameters, large enough to compete with top models from Google, Anthropic, and OpenAI
Kyle Wiggers / TechCrunch:
Stack Overflow signs a deal with OpenAI to supply data to its models; new integrations between Stack Overflow and OpenAI should be available by the end of June
Aoyon Ashraf / CoinDesk:
Filing: Robinhood's crypto arm got a Wells notice from the US SEC on May 4; on June 27, 2023, Robinhood ended support for tokens named in previous SEC lawsuits
Anthony Ha / TechCrunch:
Bluesky confirms Jack Dorsey left its board and says the public benefit company is searching for a new board member; Dorsey announced Bluesky in December 2019
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