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September 14, 2024, 1:30 AM
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| Reuters: |
Sources: OpenAI's $150B valuation in a $6.5B funding round hinges on whether the company can upend its corporate structure and remove a profit cap for investors — OpenAI's new financing round is expected to come in the form of convertible notes, according to sources with direct knowledge of the matter … | Naomi Nix / Washington Post: |
An EEOC analysis finds women made up 22.6% of US workers in high-tech roles in 2022, similar to the 22% in 2005, even as the number of lucrative jobs has soared — Equal Employment Opportunity Commission chair urges companies not to pull back from efforts to promote workplace diversity and inclusion.
More: U.S. Equal Employment …, Reuters, Bloomberg Law, and U.S. Equal Employment …
Threads: @drewharwell. X: @drtarikabarrett, @useeoc, @kotagaleeoc, @naominixwrites, @useeoc, and @useeoc
LinkedIn: Gloria Bell and Peter Romer-Friedman
| Leah Nylen / Bloomberg: |
Google ad trial: an ex-Facebook ad exec testifies the company signed the 2018 Jedi Blue deal with Google because it couldn't compete against Google's “monopoly” — - Employees concluded ad tech ‘monopoly’ hurt competition — The social network eventually signed an agreement with Google| Rachyl Jones / Semafor: |
Some former CrowdStrike employees say they raised concerns about executives rushing deadlines and quality checks, more than a year before the July 2024 outage — THE SCOOP — Software engineers at the cybersecurity firm CrowdStrike complained about rushed deadlines, excessive workloads … | Paul Sawers / TechCrunch: |
Meta restarts training its AI systems on UK users' public Facebook and Instagram posts, having “incorporated regulatory feedback” to be “even more transparent” — Meta has confirmed that it's restarting efforts to train its AI systems using public Facebook and Instagram posts from its U.K. userbase.
More: Meta, The Guardian, Information Commissioner's …, The Tech Basic, Cryptopolitan, The Cyber Express, The Record, SiliconANGLE, Thurrott, Yahoo Finance, AsiaOne, LBC, and Fast Company
Threads: @nickclegg and @katienotopoulos
X: @_andyburrows, @jason_kint, @katebevan, @privacymatters, @mahyartousi, @michaelgove, @nickclegg, @lilianedwards, @nickclegg, @samfbiddle, @jason_kint, @grady_booch, @fboversight, @ylecun, @iconews, and @dominic2306
LinkedIn: Markus Reinisch and Marco Pancini
| Aditya Kalra / Reuters: |
In reports dated August 9, Indian antitrust regulator CCI found that Amazon and Flipkart violated local competition laws by giving preference to select sellers — An Indian antitrust investigation has found U.S. e-commerce giant Amazon (AMZN.O) and Walmart's (WMT.N) Flipkart violated local competition laws …
More: TechCrunch, Inc42 Media, Reuters, PYMNTS.com, Tech in Asia, Inc42 Media, Benzinga, and Fortune
X: @reuterslegal, @adityakalra, @adityakalra, @adityakalra, and @adityakalra. LinkedIn: Sachin Chopra. Forums: r/india
| Daniel Carvalho / Bloomberg: |
Brazil lifts the block on the bank accounts of X and Starlink after withdrawing ~$3.3M from the accounts to pay for fines imposed by the Supreme Court — - Transfer ends Starlink's banking freeze in the country — But social-media platform X remains banned by judicial order
More: CNBC, The Hill, Reuters, Fox Business, Al Jazeera, New York Times, GB News, The Indian Express, Associated Press, Axios, Mashable, and Cointelegraph
| TechCrunch: |
A TuSimple shareholder letter alleges “potentially fraudulent activities” as it tries to move ~$450M to China to pivot from self-driving trucks to AI animation — Some shareholders are threatening to sue — TuSimple, once a buzzy startup considered a leader in self-driving trucks … | Bloomberg: |
Sam Bankman-Fried asks for a new trial in an appeal to the 2nd Circuit US Court of Appeals and directly attacks US District Judge Lewis Kaplan for alleged bias — Jailed FTX co-founder Sam Bankman-Fried is asking for a new trial, blaming a federal judge for preventing him from mounting a proper defense.
More: New York Times, CoinDesk, Cryptonews, Blockworks, CryptoSlate, Decrypt, crypto.news, Watcher Guru, The Gateway Pundit, CNN, and The Block
X: @aosipovich, @dvnjr, @jayshams, @jayshams, @jayshams, @jayshams, and @leomschwartz
| CNBC: |
The White House plans to curb the “overuse and abuse” of the de minimis loophole used by Shein and Temu, which exempts packages worth $800 or less from tariffs — The Biden administration announced new steps on Friday to curtail what it calls the “overuse and abuse” …
More: The White House, Financial Times, The Verge, The Information, New York Times, U.S. Department of Commerce, Associated Press, Supply Chain Dive, Reuters, Reuters, BBC, Newsweek, Yahoo Finance, NPR, CNBC, MarketWatch, The Business of Fashion, Ars Technica, Bloomberg, Wall Street Journal, UPI, Nikkei Asia, Retail Brew, PYMNTS.com, Quartz, Investor's Business Daily, ZeroHedge News, Chain Store Age, Sourcing Journal, AAF, and The Information
X: @hedgeyecomm, @brad_setser, @jeffreywestling, @walteriley, @senrickscott, @ddayen, @jonstivers, @jjensen2020, @ianbremmer, @commercegov, @carnage4life, @secraimondo, @senmarcorubio, @replloyddoggett, @repdeluzio, @michaelsobolik, @repnikkib, @ddayen, @repgolden, and @yappelbaum
LinkedIn: Pete Mento, Laura Murphy, Alex Kent, Deborah Elms, Nick Coverdale, Matthew Hertz, and Richard Mojica
Forums: Hacker News, r/SBCGaming, r/Aliexpress, r/law, r/news, r/JoeBiden, and r/Economics
| Jonathan Stempel / Reuters: |
Filing: 23andMe will pay $30M to settle a lawsuit for failing to protect the privacy of 6.9M customers whose personal info was exposed in a 2023 data breach — 23andMe (ME.O) will pay $30 million and provide three years of security monitoring to settle a lawsuit accusing the genetics testing company …
More: BleepingComputer, The Record, PCMag, The Verge, TechCrunch, and One America News Network
| MacKenzie Sigalos / CNBC: |
MicroStrategy stock jumped 8%+ on Friday after founder Michael Saylor said it purchased another $1.1B worth of bitcoin, taking its bitcoin holdings to $14.6B — MicroStrategy shares jumped more than 8% on Friday after founder Michael Saylor said the company purchased another $1.1 billion worth of bitcoin.| CNBC: |
Trump says he has “absolutely no intention” of selling his Trump Media stock when the lockup period expires; DJT initially popped 25%+, then closed up about 12% — Shares of Trump Media shot up Friday, minutes after majority owner Donald Trump said he has no plans to sell his stake.
More: New York Times, Politico, CNN, Associated Press, Reuters, The Indian Express, NBC News, Washington Examiner, Fortune, and Yahoo Finance
Forums: r/politics and r/inthenews
| Menaka Doshi / Bloomberg: |
India's new M&A rule for deals exceeding ~$240M could create hurdles for startups that hope to be acquired in their early years to access funding and scale — Fears it could have a “chilling effect” on innovation. … Merger Control — A new anti-trust rule put into place this week … | Dan Goodin / Ars Technica: |
Doctor Web: malware dubbed Android.Vo1d has infected ~1.3M TV boxes running OSes based on Android Open Source Project in almost 200 countries, forming a botnet — Infection corrals devices running AOSP-based firmware into a botnet. — Researchers still don't know the cause …
More: Dr.Web, The Hacker News, BleepingComputer, BleepingComputer, Security Affairs, SecurityWeek, PCMag, Android Headlines, BGR, Forbes, and TechRadar
Forums: Hacker News, r/hardware, Slashdot, and Ars OpenForum
| Andrew J. Hawkins / The Verge: |
Waymo and Uber plan to expand their two-year partnership in Phoenix to Austin and Atlanta, where Waymo robotaxis can be hailed only on Uber's app, in early 2025 — Waymo and Uber — bitter enemies turned awkwardly polite work friends — announced they were expanding their two-year robotaxi partnership …
More: Uber, The Information, Waymo, CNBC, Associated Press, Fast Company, UPI, How-To Geek, Investor's Business Daily, PCMag, The Hill, and Engadget
X: @binarybits, @bgurley, @natlungfy, @waymo, @pitdesi, @ejzim, @dkhos, @mikeisaac, @therideshareguy, and @conorsen
| Kyle Wiggers / TechCrunch: |
OpenAI claims that in a qualifying exam for the International Mathematics Olympiad, o1 correctly solved 83.3% of the problems, while GPT-4o solved only 13.4% — ChatGPT maker OpenAI has announced its next major product release: A generative AI model code-named Strawberry, officially called OpenAI o1.
More: OpenAI, OpenAI, ZDNET, Android Authority, RetailWire, Digital Trends, Spyglass, TechRadar, XDA Developers, PR Daily, The Verge, and Axios
X: @polynoamial, @openai, @altryne, @deliprao, @gregkamradt, @danshipper, @sullyomarr, @sama, @andrewmichaelio, @hwchung27, @iscienceluvr, @rubenhssd, @npew, @sullyomarr, @krishnanrohit, @shengjia_zhao, @_kevinlu, and @openai
LinkedIn: Murat Cakir, Matt Kroll, and Greg Yeutter
Forums: Hacker News, r/Professors, r/ChatGPTPro, r/slatestarcodex, and r/singularity
| Simon Willison / Simon Willison's Weblog: |
More: One Useful Thing, TechCrunch, VentureBeat, Sherwood News, GlobalData, Pivot to AI, PYMNTS.com, Techstrong.ai, TechSpot, Big Technology, Fortune, The Hill, ZDNET, Shelly Palmer, CCN.com, OpenAI, and Wired
Threads: @alexkantrowitz and @mergesort
X: @emollick, @binarybits, @elgrasel, @simonw, @plibin, @grady_booch, @mehran__jalali, @gavinsbaker, @yanbozhang3, @ammaar, @liron, @garymarcus, @smokeawayyy, @deedydas, @renick, @saurabhchalke, @burny_tech, @hosseeb, @colin_fraser, @xari1lian, @netcapgirl, @astarchai, and @astarchai
LinkedIn: Chris Bush and Senko Rašić
Forums: Hacker News and r/ControlProblem
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