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June 19, 2024, 9:20 AM
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Top News

Ryan Ozawa / Decrypt:
Consensys says the US SEC is “closing its investigation into Ethereum 2.0” and “will not bring charges alleging that sales of ETH are securities transactions”  —  Leading Ethereum developer Consensys announced late Tuesday that the U.S. Securities and Exchange Commission is …
Asa Fitch / Wall Street Journal:
As Nvidia passes Microsoft's market cap, John Chambers, who was the CEO when Cisco passed Microsoft during the dot-com boom, says the situation now is different  —  Chip maker passes Microsoft for top spot, just as John Chambers-led Cisco Systems did two decades ago.  He says the situation now is different.
Kif Leswing / CNBC:
Nvidia surpasses Microsoft to become the world's most valuable public company, with a $3.34T market cap; NVDA is up over 9x since January 2023  —  Nvidia, long known in the niche gaming community for its graphics chips, is now the most valuable public company in the world.
The Information:
Sources detail how Jensen Huang and Nvidia are guarding against slowing chip sales, including offering more cloud services and designing custom server racks
Sean Hollister / The Verge:
Framework partners with DeepComputing to build a RISC-V mainboard for its Laptop 13, set to become one of the first RISC-V laptops; price and release are TBC  —  What if your laptop didn't need a processor from an established brand like Intel or AMD?  What if it didn't even rely on proprietary paid architectures like Arm and x86?
Mike Masnick / The Daily Beast:
The US surgeon general's call for social media warning labels seems to ignore evidence and may feed into a moral panic, similar to prior panics over video games  —  SCREEN BURN  —  Surgeon General Dr. Vivek H. Murthy is wrong about the harmful effects of social media on kids …
Zac Bowden / Windows Central:
ASUS VivoBook S 15 Copilot+ PC review: Snapdragon X Elite is incredible, all-day battery, a gorgeous 15.6" OLED screen, and $1,299 for 1TB SSD and 16GB of RAM
Reuters:
The US FTC says it has referred a complaint to the DOJ against TikTok and ByteDance over potential violations of the Children's Online Privacy Protection Act  —  The U.S. Federal Trade Commission said on Tuesday it had referred a complaint to the Justice Department against the social media platform TikTok …
Thomas Claburn / The Register:
A look at Mozilla's acquisition of Anonym, which offers “privacy-preserving” ad tools, and how Anonym might interact with a user base that tends to block ads  —  Is such a thing possible for an industry that never respected people's wishes?  —  ANALYSIS Mozilla this week …
Aisha Malik / TechCrunch:
A former Snap engineer debuts Butterflies, a social network where users can create AI personas that then interact with users and other AIs via posts and DMs  —  Butterflies is a social network where humans and AIs interact with each other through posts, comments and DMs.
Ian King / Bloomberg:
AMD is working with police and a host provider to investigate a claim that company data was stolen, after a BreachForums user said they breached AMD's systems  —  Advanced Micro Devices Inc., the second-largest maker of personal computer processors, is looking into claims that company information was stolen in a hack.
Todd Spangler / Variety:
Netflix plans to open two permanent in-person experience venues, in Dallas and near Philadelphia, in 2025, a continuation of its previous pop-ups  —  They're not exactly theme parks, but the new Netflix Houses — to open next year in King of Prussia, Pa., and Dallas — will feature a wide array …
Matt Burgess / Wired:
FOI documents: eight UK train stations scanned passenger faces for two years as part of AI trials; Amazon software was used to predict age, gender, and emotions  —  CCTV cameras and AI are being combined to monitor crowds, detect bike thefts, and spot trespassers.
Caroline O'Donovan / Washington Post:
The California Labor Commissioner's Office fines Amazon $5.9M for violating a 2022 state law by failing to properly inform workers of quotas at two warehouses  —  The company is among the first to run afoul of a union-backed law aimed at protecting warehouse workers from aggressive productivity quotas.
The Information:
Source: Apple told at least one supplier it has suspended work on the next Apple Vision Pro; sources say Apple still plans a cheaper model by the end of 2025  —  Apple Suspends Work on Next High-End Headset, Focused on Releasing Cheaper Model in Late 2025 Apple has told at least one supplier …

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From Mediagazer

Jonathan Stempel / Reuters:
A New York judge finds Sirius XM liable for a difficult subscription cancellation process; Sirius says it will appeal but abide by a new “click-to-cancel” rule

Brian Steinberg / Variety:
Sources: NBCUniversal Vice Chairman Bonnie Hammer plans to leave the company at the end of the year; she has been with the company since 2004

Peter Kafka / Business Insider:
A Q&A with Chris Balfe, CEO of Red Seat Ventures, which has helped Tucker Carlson and Megyn Kelly set up their podcast and streaming businesses and sell ads

More News

Laura Kipnis / Wired:
A look at Rebind, a mysterious startup that turns Margaret Atwood and other authors' voices into AI reading companions, and an interview with CEO John Dubuque
Alex Heath / The Verge:
Internal memo: Meta merges its Reality Labs teams into the “Metaverse” product group that now includes Quest, and the AR product group, now called “Wearables”

Earlier Picks

Jason Snell / Six Colors:
Developers say Apple is denying or delaying notarization of iOS apps, including emulators, for alternative app stores in EU, possibly in violation of DMA rules
Bloomberg:
Filings: X is still working on a Venmo-like payments feature, with a 2024 US launch target; X had $1.48B in revenue in first six months of 2023, down ~40% YoY
Ina Fried / Axios:
A study of 10 chatbots, including Perplexity and ChatGPT, shows they often repeat Russian disinformation and cite fugitive John Dougan's fake local news sites
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