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Techmeme
September 12, 2024, 9:00 AM
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Top News

Wesley Yin-Poole / IGN:
Memo: Microsoft is laying off 650 staff from its gaming business, bringing the cuts in its gaming business to 2,550 jobs since acquiring Activision Blizzard  —  No games canceled or studios closed this time.  —  Microsoft is laying off a further 650 staff from its gaming business …
Bloomberg:
Sources: OpenAI is in talks to raise $6.5B in equity financing at a $150B valuation and raise $5B in debt from banks in the form of a revolving credit facility  —  - Company set to raise $6.5 billion in equity financing  — Banks also in talks to issue startup $5 billion in debt
Dan Goodin / Ars Technica:
Researchers detail gaining the ability to generate counterfeit HTTPS certificates and more after buying an expired WHOIS server domain for the .mobi TLD for $20  —  .mobi top-level-domain managers changed the location of its WHOIS server.  No one got the memo.
Shaurya Malwa / CoinDesk:
Coinbase launches its wrapped bitcoin, cbBTC, on the Ethereum and Base networks, supported by various DeFi services for trading, lending, and as collateral  —  The token will initially be offered on Ethereum and Coinbase's Base networks, with plans to expand to more blockchains in the coming months.
Ryan Browne / CNBC:
The UK gives data centers Critical National Infrastructure designation, enabling the government to coordinate better against hackers and unexpected cyber events  —  LONDON — The U.K. on Thursday said it now classes data centers as critical infrastructure, in a move that is expected …
Aisha Malik / TechCrunch:
Google adds Audio Overview to NotebookLM, letting users turn documents into audio discussions with two AI hosts that summarize and explain the source material  —  Google announced on Wednesday that its AI note-taking and research app, NotebookLM, is adding a new “audio conversations” feature.
Sarah Emerson / Forbes:
Sources: Adam Neumann's Flowcarbon, which raised $70M in 2022 from a16z and others, is refunding investors after failing to launch its Goddess Nature Token  —  Flowcarbon secured millions of dollars in funding from investors like Andreessen Horowitz to merge carbon credits with the blockchain …
Natasha Lomas / TechCrunch:
Ireland's DPC opens an investigation into Google's GDPR compliance over using the personal information of EU users for training foundational AI models  —  Google's lead privacy regulator in the European Union has opened an investigation into whether or not it has complied …
Debby Wu / Bloomberg:
Infineon says it has developed 300mm gallium nitride wafers, which can produce 2.3x more chips than 200mm wafers and speed their adoption for AI applications  —  - Chipmaker announces breakthrough in gallium nitride production  — Compound semiconductors can be more efficient than silicon
Maxwell Zeff / TechCrunch:
Adobe says generative AI features powered by its Firefly Video model will be available before the end of 2024 on the Premiere Pro beta app and on a free website  —  Users will get their first chance to try out Adobe's AI model for video generation in just a couple months.
Sarah Perez / TechCrunch:
Bluesky rolls out the ability to post videos of up to 60 seconds with optional attached subtitles; each post can contain one video, and adult content is allowed  —  Bluesky, the social networking startup now nearing 10 million users thanks to X's ban in Brazil, will now allow users to share videos …

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This is a Techmeme archive page. It shows how the site appeared at 9:00 AM ET, September 12, 2024.

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From Mediagazer

Ashley Carman / Bloomberg:
A growing number of podcasters, including Tim Ferriss, are moving away from interviews to monologues or co-hosts, as some well-known guests can be overexposed

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

Matthew Keys / The Desk:
DirecTV terminates its Dish acquisition after a group of Dish creditors rejected a modified bond exchange offer

More News

Gian Volpicelli / Bloomberg:
A 397-page EC report, released shortly before CJEU's verdicts against Apple and Google, says the EU's competition enforcement can be “harmful to innovation”
Todd Feathers / Gizmodo:
Nevada is working with Google to launch a generative AI tool that will issue recommendations to human referees on whether unemployed workers should get benefits

Earlier Picks

Lily Hay Newman / Wired:
A look at Apple's Private Cloud Compute for Apple Intelligence, which Craig Federighi says allows personal data to be “sealed inside of a privacy bubble”
Kevin Breuninger / CNBC:
Shares of Truth Social owner Trump Media closed down over 10% after Trump's debate with Harris, ending at their lowest level since they began publicly trading
Ben Schoon / 9to5Google:
Google partners with The Internet Archive to link to the Wayback Machine in Search, letting users view archived versions of webpages under “About this page”
Kyle Wiggers / TechCrunch:
Mistral releases its first multimodal model, Pixtral 12B, available on GitHub and Hugging Face, and via API-serving platforms Le Chat and Le Platforme “soon”
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