Techmeme
May 7, 2024, 9:50 AM

Top News

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.
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.
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.
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 …
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
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 …
Paresh Dave / Wired:
Amazon's hexacopter drones, planned for use in Tolleson, Arizona, can't operate when temperatures top 104°F, less than the average summer highs in the city  —  Amazon's newest delivery drones will take off from just outside Phoenix but don't count on rush ordering a fan on a hot day.
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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Earlier Picks

Ben Dickson / VentureBeat:
Aaron Holmes / The Information:
Kyle Wiggers / TechCrunch:
Aoyon Ashraf / CoinDesk:
Anthony Ha / TechCrunch: