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June 5, 2024, 10:55 PM
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Top News

Kif Leswing / CNBC:
Nvidia hits a $3T market cap and passes Apple as the second most valuable public US company, behind Microsoft  —  Nvidia passed Apple in market cap on Wednesday as investors continue betting on the chipmaker behind the artificial intelligence boom.  It is now the second-most valuable public company, behind Microsoft.
David Pierce / The Verge:
Carl Pei says smartphones will be the main AI form factor of the future, but the UX needs to be redefined, and Phone (3) will be Nothing's first true AI phone  —  Nothing CEO Carl Pei just published a video in which he makes two big claims: that smartphones are in fact the AI gadget of the future …
Wes Davis / The Verge:
Humane tells Ai Pin owners that they should “immediately” stop using the charging case, citing issues with a battery cell that “may pose a fire safety risk”  —  Humane is telling AI Pin owners today that they should “immediately” stop using the charging case that came with its AI gadget.
Jenny Gross / New York Times:
Several hospitals in London face major disruptions after a June 3 ransomware attack on Synnovis, which provides lab services for the UK's NHS  —  A system used by several major London hospitals was targeted in a ransomware cyberattack, forcing the cancellation of services and the diversion of patients.
Mishaal Rahman / Android Authority:
In a UK compliance statement, Apple revealed that the iPhone 15 Pro Max will receive security updates for a minimum of five years from September 2023  —  Apple will support the latest iPhones for at least five years, less than the seven years guaranteed by Samsung and Google.  —  •  —  TL;DR
Kyle Wiggers / TechCrunch:
Stability AI releases Stable Audio Open, a text-to-audio model that generates up to 47 seconds of samples and sound effects, prohibited for commercial use  —  Stability AI, the startup behind the AI-powered art generator Stable Diffusion, has released an open AI model for generating sounds …
Kurt Wagner / Bloomberg:
The Greater Memphis Chamber says xAI plans to develop a new facility in Memphis to house a supercomputer and could receive tax breaks and other incentives  —  - Startup could receive tax breaks and other business incentives  — New facility would come on the heels of $6 billion fundraising
Emma Roth / The Verge:
Google will store Maps Timeline data locally on users' devices instead of their Google account starting December 1, after announcing the change in December 2023  —  Google Maps is changing the way it handles your location data.  Instead of backing up your data to the cloud, Google will soon store it locally on your device.
Tom Warren / The Verge:
Google is acquiring software virtualization company Cameyo to deeply integrate virtualized Windows app support into ChromeOS, after a partnership in April 2023  —  Google is acquiring software virtualization company Cameyo in a push to deeply integrate virtualized Windows app support into ChromeOS.
Ryan Weeks / Bloomberg:
Paxos International, a UAE-based affiliate of Paxos, launches Lift Dollar, or USDL, a stablecoin pegged to the US dollar that will pay a ~5% yield to holders  —  - The Lift Dollar is issued by new affiliate Paxos International  — USDL will pay a yield to holders equal to about 5% per annum
Mark Gurman / Bloomberg:
A look at Apple's OpenAI deal before WWDC; sources say Apple plans to offer AI features as an opt-in service, and is working on two LLM-powered robotic devices  —  An OpenAI agreement is due to be announced at the Apple's developer conference next week.  —  When a 23-year-old Sam Altman took …
Joanna Stern / Wall Street Journal:
Apple plans to fix another Screen Time bug that lets kids circumvent parental controls; two researchers say they reported the bug to Apple twice in 2021  —  Apple's Screen Time continues to be marred by bugs that let its youngest users circumvent parental controls
Will Shanklin / Engadget:
YouTube plans to restrict some content pertaining to the real use of guns from viewers under 18 starting on June 18, a year after a watchdog group report  —  Last year, a nonprofit flagged gun-related videos recommended to children's accounts.  —  YouTube quietly snuck in a policy change …
Reuters:
Duolingo deletes LGBTQ+ references in Russia after being warned by the country's communications regulator that the content is classed as “extremism”  —  Language learning app Duolingo (DUOL.O) has deleted references in Russia to what Moscow calls “non-traditional sexual relations” …
Nduka Orjinmo / Bloomberg:
In a letter, 16 Republican lawmakers accused Nigeria of taking Binance executive Tigran Gambaryan “hostage” and urged President Biden to help secure his release  —  - Tigran Gambaryan was detained on a trip to Nigeria in February  — Binance, Gambaryan face charges including aiding tax evasion
Sage D. Young / Unchained:
Coinbase launches its smart wallet, which uses passkeys instead of seed phrases and works without app or extension installs, in a move to simplify onboarding  —  The launch of Coinbase's smart wallets, which don't require seed phrases or the downloading of a browser extension or an application …
Paul Sawers / TechCrunch:
SAP plans to acquire Tel Aviv-based WalkMe, which helps users navigate other software UIs, for $1.5B in cash; WalkMe had raised ~$300M before its June 2021 IPO  —  Enterprise software giant SAP is acquiring “digital adoption” platform provider WalkMe in an all-cash transaction worth $1.5 billion.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:55 PM ET, June 5, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Ross A. Lincoln / The Wrap:
WBD plans to launch Max in Taiwan, Hong Kong, Indonesia, Malaysia, Philippines, Singapore, and Thailand on November 19, with pricing details to be announced

Benjamin Mullin / New York Times:
Five ex-Pitchfork journalists launch online subscription music outlet Hearing Things, aiming to capture Pitchfork's independent spirit, starting at $70 per year

Jessica Testa / New York Times:
Tina Brown, who became synonymous with Manhattan media in the 1980s and 1990s, launches Fresh Hell, a weekly Substack diary newsletter in “notebook form”

More News

Yogita Khatri / The Block:
M^0, a decentralized stablecoin minting protocol, raised a $35M Series A led by Bain Capital Crypto; the round was structured as equity plus tokens
Will Shanklin / Engadget:
Twitch says its Twitch Tier 1 subscriptions in the US will increase from $4.99 per month to $5.99 per month on July 11, the first price hike for US subscribers

Earlier Picks

Olivia Solon / Bloomberg:
How Uganda's government under President Yoweri Museveni has increasingly used the country's biometric identity system to target opponents and consolidate power
Joseph Cox / Wired:
An excerpt from the book Dark Wire, which details how the biggest FBI sting operation ran the Anøm encrypted phone company to surveil criminals in Europe
Tim Bradshaw / Financial Times:
A profile of cloud GPU provider CoreWeave, which plans to spend $2.2B to build three European data centers in 2024 and repurpose some Core Scientific facilities
Simon Sharwood / The Register:
Australia's eSafety commissioner ends the legal action asking X to remove a video of a clergyman's stabbing; Musk labeled the action an assault on free speech
Jordan Novet / CNBC:
Databricks plans to acquire Tabular, a data management startup that helps companies optimize data stored in the Apache Iceberg format and others, for $1B+
Kevin Roose / New York Times:
Current and former OpenAI and Google DeepMind staff sign an open letter warning of a culture of recklessness and secrecy at “frontier AI companies”
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