Techmeme
August 26, 2024, 6:30 PM

Top News

New York Times:
French prosecutors: Pavel Durov's arrest is part of a probe “against person unnamed” into CSAM, drug sales, and more on the app and not working with authorities  —  A case was opened last month to investigate child pornography, drug sales, fraud and other criminal activities on the platform.
Victor Goury-Laffont / Politico:
French President Emmanuel Macron says the government was not involved in the arrest of Telegram CEO Pavel Durov and “this is in no way a political decision”  —  French president condemns “false information” as Pavel Durov's detention in Paris triggers global outcry.
Bloomberg:
Apple:
Apple announces CFO Luca Maestri will transition from his role on January 1, 2025; Kevan Parekh, Apple's VP of Financial Planning and Analysis, will become CFO  —  CUPERTINO, CALIFORNIA Apple today announced that Chief Financial Officer Luca Maestri will transition from his role on January 1, 2025.
Juli Clover / MacRumors:
Apple announces a September 9 event at Apple Park with the iPhone 16 lineup, new Apple Watch models, and AirPods 4 expected; the invitation says “It's Glowtime”  —  Apple today announced plans to hold its annual iPhone-centric event on Monday, September 9 at the Apple Park campus in Cupertino, California.
Sarah Jacob / Bloomberg:
The Dutch Data Protection Authority fines Uber a record €290M for failing to abide by European protection standards when sending sensitive driver data to the US  —  - Uber was fined for not sufficiently protecting driver data  — The fine is the highest penalty ever issued by Dutch regulator
Anna Tong / Reuters:
OpenAI supports CA bill AB 3211 to require companies generating AI content to add watermarks; the bill passed in the state Assembly 62-0 and heads to Senate  —  ChatGPT developer OpenAI is supporting a California bill that would require tech companies to label AI-generated content …
Raffaele Huang / Wall Street Journal:
IBM shuts down its China R&D department, affecting 1,000+ staff, and plans to move the R&D functions overseas, the latest company to retreat from China  —  Jobs to be added in India, employees are told  —  IBM is shutting down its China research and development department …
The Information:
An overview of AI startups largely founded by former AI researchers from Google, including Reka, Ideogram, H, and Inflection, and the challenges they are facing  —  Dozens of former artificial intelligence researchers from Google who struck out on their own are learning that startups are tricky.
Bloomberg:
Chinese-made, Tencent-backed game Black Myth: Wukong sold 10M copies in just 83 hours, one of the fastest game debuts in history, earning an estimated $450M+  —  - Adventure title has one of the fastest game launches ever  — Strong debut signals China's games industry turning a corner
Jesse Hamilton / CoinDesk:
Crypto platform Abra agrees to settle with the SEC over claims of unregistered securities; the SEC said the Abra Earn product had almost $500M from US investors  —  The securities regulator says Abra sold half a billion dollars in unregistered Abra Earn while also operating without registration as an investment company.

Sponsor Posts

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State of AI: Adoption, Challenges and Recommendations  —  Examining the current state of AI, the key challenges organizations face, and practical recommendations for utilizing AI integration alongside other best practices.
Zoho:
Everything new in the Zoho Sign iOS mobile app  —  Ranked highly in the iOS App Store (4.9 stars), Zoho Sign's mobile app for iPhone is a user favorite.  We're thrilled to share that the app has been enhanced …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Grit:
Flexport's Third Act: Winning in a Broken Global Trade System
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
Everyone's an engineer now: Inside v0's mission to create a hundred million builders | Guillermo Rauch (founder & CEO of Vercel, creators of v0 and Next.js)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Techmeme Ride Home:
Why COULDN'T Apple Make An iPhone In The US?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
The Logan Bartlett Show:
Derek Thompson (Writer, The Atlantic) and Zach Weinberg (Co-founder & CEO, Curie.Bio) Discuss the Tariff Withdrawal and America's Future
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
Hard Fork:
Big Tech's Tariff Chaos + A.I. 2027 + Llama Drama
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
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More News

Bloomberg:

Earlier Picks

Joe Supan / CNET: