Techmeme
August 29, 2024, 8:20 PM

Top News

Daniel Carvalho / Bloomberg:
A Brazilian Supreme Court justice blocks Starlink bank accounts in Brazil in a bid to force Elon Musk to pay X's fines; the court has also threatened to block X  —  - Starlink bank accounts blocked to pay for fines on X  — Court threatens to block X for lack of Brazil representative
Bloomberg:
Sources: Nvidia, Apple, and Microsoft, the three most valuable tech companies, are in talks to join the funding round that would value OpenAI at over $100B  —  - Apple, Microsoft also have been in talks about participating  — Financing would value OpenAI at more than $100 billion
Zack Whittaker / TechCrunch:
Google says Russia-linked APT29 is using exploits that are “identical or strikingly similar” to those previously made by spyware makers Intellexa and NSO Group  —  Google says it has evidence that Russian government hackers are using exploits that are “identical or strikingly similar” …
Ina Fried / Axios:
Shirin Ghaffary / Bloomberg:
The US says OpenAI and Anthropic agreed to give the US AI Safety Institute early access to major new AI models to test and evaluate their capabilities and risks  —  The US government announced agreements with leading artificial intelligence startups OpenAI and Anthropic to help test and evaluate their upcoming technologies for safety.
Kyle Wiggers / TechCrunch:
Magic, which makes AI tools for coding and to automate software development tasks, raised $320M from Eric Schmidt and others, bringing its total raised to $465M  —  Magic, an AI startup developing models to generate code and automate a range of software development tasks …
Kif Leswing / CNBC:
Dell Q2: revenue up 9% YoY to $25.06B, vs. $24.53B est., servers and networking revenue up 80% to $7.76B, net income up 85% to $841M; DELL jumps 7%+ after hours  —  Dell reported quarterly results on Thursday that beat Wall Street expectations, powered by an 80% increase in server sales.
Alex Isenstadt / Politico:
In his upcoming book, Trump says Mark Zuckerberg plotted against him during the 2020 election and he'd “spend the rest of his life in prison” if he did it again  —  The Meta CEO earlier this week asserted that Biden administration tried to “pressure” the company to downplay content about Covid.
Jay Peters / The Verge:
Meta is opening up Horizon Worlds to users aged 10 to 12 with parental approval, and rolls out a new age rating system for worlds to help parents supervise kids  —  As part of the rollout, parents will have a significant amount of control over what experiences their preteens can access …
Kate Knibbs / Wired:
Facebook, Instagram, Craigslist, Tumblr, the NYT, the FT, The Atlantic, Vox Media, USA Today, Condé Nast, and more block Apple's Applebot-Extended AI crawler  —  This summer, Apple gave websites more control over whether the company could train its AI models on their data.
Katie Paul / Reuters:
Meta says its Llama models were downloaded almost 350M times, are used by AT&T and others, and usage via cloud providers more than doubled from May to July 2024  —  Meta's (META.O) Llama artificial intelligence models are being used by companies including Goldman Sachs (GS.N) and AT&T …
Financial Times:
Sources: the EU is investigating if Telegram gave inaccurate user numbers to stay under the DSA's 45M threshold; Telegram reported 41M EU users in February 2024  —  Brussels probing possible failure by messaging platform to provide accurate data under new regulations
Katie Kilkenny / The Hollywood Reporter:
Anti-piracy group ACE says it worked with Hanoi police to shutter Hanoi-based Fmovies and its affiliates, “the largest pirate streaming operation in the world”  —  The Alliance for Creativity and Entertainment, whose members include Netflix and Walt Disney Studios …
Rebecca Bellan / TechCrunch:
Sources: truck sharing platform Fluid Truck, which raised $80M+, has ousted its sibling co-founders, including CEO James Eberhard, after losing tens of millions  —  The startup is in the hole for millions  —  Fluid Truck, a startup that was founded to disrupt the commercial vehicle rental industry …
Sarah Perez / TechCrunch:
Automattic plans to shift Tumblr's backend to WordPress in a bid to make sharing work across the platforms easier, after acquiring Tumblr for $3M in August 2019  —  Tumblr is making the move to WordPress.  After its 2019 acquisition by WordPress.com parent company Automattic in a $3 million fire sale …

Sponsor Posts

TELUS Digital:
Are you ready for the era of agentic AI?  —  Tech leaders are always talking about what's next, and right now, agentic AI is dominating the discourse.  Equip yourself with the info you need in this recorded webinar.
Tribe AI:
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:
The rise of AI in recruitment  —  Note: This is a guest post by our integration partner Ringover.AI has already begun transforming recruitment, but in the coming years, it will reach new heights.
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

Techmeme Ride Home:
Will Tech Raise Prices Cause Of Tariffs?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Decoder with Nilay Patel:
UiPath CEO Daniel Dines on AI agents replacing our jobs
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Grit:
Brex 3.0: Inside the Radical Turnaround with Pedro Franceschi
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
Become a better communicator: Specific frameworks to improve your clarity, influence, and impact | Wes Kao (coach, entrepreneur, advisor)
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.
Hard Fork:
Tech Stock Shock + Solving the Mystery of OpenAI's "Blip" + Tinder's Flirt-Off
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.
Subscribe to Hard Fork.
BG2 Pod:
Liberation Day, Tariffs, US v China Open Source, OpenAI Fundraise, $CRWV, TikTok
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner and Bill Gurley.
Subscribe to BG2 Pod.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:20 PM ET, August 29, 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.

More News

Tianyu Fang / Rest of World:

Earlier Picks

Eric Slivka / MacRumors:
Ben Weiss / The Verge:
Nico Grant / New York Times:
Sarah Perez / TechCrunch:
Abner Li / 9to5Google: