Techmeme
July 22, 2024, 10:05 AM

Top News

Reuters:
Reeling from CrowdStrike-related outages, Delta has canceled 5,000+ flights, including ~1,000 on Sunday and 600+ for Monday so far, according to FlightAware  —  Delta Air Lines (DAL.N) struggled to restore normal operations on Sunday after last week's crippling global cyber outage …
Wall Street Journal:
Microsoft says it cannot wall off its OS due to a 2009 deal with the EC to give security software makers the same level of access to Windows that Microsoft gets  —  Global outage on Windows machines caused by CrowdStrike highlights Microsoft's security challenges
CrowdStrike:
Washington Post:
Ben Schoon / 9to5Google:
Samsung tells US users that Samsung Messages will no longer come pre-installed on the Galaxy Flip6, Fold6, and newer models in favor of Google Messages  —  After slowly phasing the app out in some regions, Samsung has announced that it will no longer pre-install Samsung Messages on Galaxy devices in favor of Google Messages.
Lucas Shaw / Bloomberg:
Sources: Apple's Eddy Cue has pushed TV+ studio chiefs to exert more control over budgets, hoping to change Apple's reputation as the biggest spender in town  —  The iPhone maker is starting to exert more control over its production partners  —  Netflix extended its lead over fellow streaming services …
Fanny Potkin / Reuters:
Sources: Nvidia is working with Inspur to launch and distribute a new flagship AI chip “B20” for China that would be compatible with current US restrictions  —  Nvidia (NVDA.O) is working on a version of its new flagship AI chips for the China market that would be compatible …
Manish Singh / TechCrunch:
Indian crypto exchange WazirX has “temporarily” paused trading activities days after suspending customer withdrawals following a ~$230M security breach  —  WazirX, one of India's largest cryptocurrency exchanges, has suspended all trading activities on its platform days after losing …
Bloomberg:
Toronto-based AI startup Cohere raised a $500M Series D led by Canadian pension fund PSP at a $5.5B valuation, after raising $270M at a $2.2B valuation in 2023  —  The Canadian AI unicorn doesn't have a viral chatbot, but it's signed on hundreds of corporate clients.
Sahil Patel / The Information:
Reddit COO Jen Wong says the company has revenue sharing deals with the NFL, NBA, MLB, and others to get video and other content, hoping to draw advertisers  —  Reddit, known for its chat forums on everything from Proust to Wall Street stocks, is going big on sports.
More: Reuters
Ingrid Lunden / TechCrunch:
Tel Aviv-based enterprise identity management startup Linx emerges from stealth with $27M co-led by Index and Cyberstarts after raising $6M led by Cyberstarts  —  Identity management is one of the most common fulcrums around which security breaches have pivoted in the last several years …
Financial Times:
How Japan lured some AI companies with copyright laws that critics say allow widespread use of copyrighted images and other materials, alarming creators  —  Critics want changes to local laws that allow widespread use of copyrighted material to train artificial intelligence models

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Rebecca Spear / Windows Central:

Earlier Picks

Matilda Battersby / The Bookseller:
OCCRP:
Financial Times: