Techmeme
June 6, 2024, 11:25 AM

Top News

David McCabe / New York Times:
Sources: the US DOJ will take the lead in investigating whether Nvidia has violated antitrust laws; the US FTC will lead the inquiries into OpenAI and Microsoft  —  The Justice Department and the Federal Trade Commission agreed to divide responsibility for investigating three major players in the artificial intelligence industry.
Wall Street Journal:
Source and documents: the US FTC sent civil subpoenas to Microsoft and Inflection AI seeking information about how and why they negotiated their partnership  —  Commission has sent subpoenas to tech giant and startup, asking whether their partnership evaded required government review
Financial Times:
Jason Schreier / Bloomberg:
How Suicide Squad became the biggest video game flop of 2024 so far, including a tumultuous development and delayed release; WBD took a $200M loss on the game  —  After seven years of tumultuous development, Warner Bros. took a $200 million loss on the Rocksteady game
Wes Davis / The Verge:
Aaron Tilley / Wall Street Journal:
Sources detail how Apple fell behind in the AI race: its AI team failing to collaborate with product teams, a lack of access to computing resources, and more  —  For those who saw them, the demonstrations inside Apple increase earlier this decade of a revamped Siri offered a showcase …
Kif Leswing / CNBC:
Nvidia hit a $3T+ market cap on June 5, rising over 5% and passing Apple at $2.99T as the second most valuable public US company, behind Microsoft at $3.15T  —  Nvidia passed Apple in market cap on Wednesday as investors continue betting on the chipmaker behind the artificial intelligence boom.
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 …
Sergiu Gatlan / BleepingComputer:
The FBI urges LockBit ransomware victims to come forward after obtaining 7,000+ decryption keys to recover data; police seized 2,500+ keys in February 2024  —  The FBI urges past victims of LockBit ransomware attacks to come forward after revealing that it has obtained over 7,000 LockBit decryption keys …
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 its September 2023 launch  —  Apple will support the latest iPhones for at least five years, less than the seven years guaranteed by Samsung and Google.  —  •
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.
Kyle Wiggers / TechCrunch:
Mistral introduces AI model customization options, including an SDK for fine-tuning its models on workstations, servers, and small data center nodes  —  French AI startup Mistral is introducing new AI model customization options, including paid plans, to let developers and enterprises fine-tune …
Caitlin Ostroff / Wall Street Journal:
Robinhood plans to acquire crypto exchange Bitstamp for $200M, in a deal expected to close in H1 2025, and says Bitstamp will still operate under its own brand  —  Move comes a month after SEC notice of a potential lawsuit over the brokerage's crypto offerings
Jess Weatherbed / The Verge:
Discord adds new monetization features for developers and plans to halve the 30% platform fee for the first $1M in cumulative gross sales, from June 6  —  Discord is introducing new tools and monetization features that aim to make it easier for app developers to make money by selling premium perks via storefronts on the platform.
Bloomberg:
eBay emails customers to say the service will drop American Express cards as a payment option because of “unacceptably high fees”, starting on August 17  —  - Online marketplace calls Amex fees ‘unacceptably high’  — Change to take effect Aug. 17; Amex defends its fees
Jagmeet Singh / TechCrunch:
Google rolls out its Gemini-powered note-taking assistant NotebookLM to 200+ new countries, including Brazil and the UK, and adds Slides and web URLs as sources  —  Google on Thursday said it is rolling out NotebookLM, its AI-powered note-taking assistant, to over 200 new countries …
Jenny Gross / New York Times:
Several London hospitals face major disruptions after a June 3 ransomware attack on Synnovis, which provides blood transfusion and other services to the 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.

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Earlier Picks

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Ryan Weeks / Bloomberg:
Reuters:
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