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Techmeme
September 21, 2024, 1:40 AM
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Top News

Wall Street Journal:
Sources: Qualcomm made a takeover approach to Intel in recent days, but a deal is far from certain; Intel's market cap is ~$93B and Qualcomm's is ~$188B  —  A deal for Intel would be massive and come at a time when the chip maker is sputtering.
Jonathan Stempel / Reuters:
Filing: the US SEC says it intends to seek sanctions against Elon Musk for failing to appear for scheduled testimony for a probe into his $44B Twitter takeover  —  The U.S. Securities and Exchange Commission said on Friday it intends to seek sanctions against Elon Musk after he failed to appear …
Bloomberg:
Constellation Energy plans to invest $1.6B to revive the Three Mile Island nuclear plant in Pennsylvania and sell all the output to Microsoft for data centers  —  Constellation to invest $1.6 billion to restart dormant reactor as data-center power demand surges.
Brian Heater / TechCrunch:
Hands on with Plaud's ChatGPT-powered NotePin: deliberate design that uses tap to trigger the device, can manage multiple speakers in 59 languages, and more  —  The Plaud.AI pin took up mercifully little space in my carry-on.  It also presented an opportunity to kill two birds …
More: The Verge.  X: @bheater
Timothy B Lee / Understanding AI:
OpenAI's o1 models are dramatically better at reasoning than previous LLMs, but they struggle with spatial reasoning and are far from human-level intelligence  —  It's not easy to stump OpenAI's new o1 models. … You might remember around Thanksgiving last year when news broke about Q* …
Josh Scott / BetaKit:
Motion, which sells analytics and research tools for creative strategists, raised a $30M Series B led by Inovia Capital, bringing its total funding to $42M  —  Inovia-backed startup's software enables creative strategists to turn data into ad ideas.  —  Toronto-based advertising technology startup Motion …
More: Motion and FinSMEs
Olena Harmash / Reuters:
Ukraine bans the use of Telegram on official devices used by state officials, military personnel, and critical workers over fears of Russian spying  —  Ukraine has banned use of the Telegram messaging app on official devices used by state officials, military personnel and critical workers …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:40 AM ET, September 21, 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.

From Mediagazer

Todd Spangler / Variety:
Memo: Business Insider is cutting staff by 21% to “endure extreme traffic drops outside of our control” and “exiting the majority of our Commerce business”

Wall Street Journal:
Sources: Paramount offers $15M to settle with President Trump, whose team wants $25M+, is seeking an apology from CBS News, and threatened another lawsuit

Ben Johansen / Politico:
Sources: all 800 full-time VOA staff are expected to receive reduction-in-force notices this week, after ~600 VOA contractors were dismissed earlier in May

More News

Leah Nylen / Bloomberg:
The judge overseeing the Google ad trial calls Google's testimony that it faces “fierce competition” from the likes of Microsoft and Meta “highly questionable”
FinTech Global:
Akur8, which uses AI to automate the generation of insurance pricing models, raised a $120M Series C led by One Peak, bringing its total raised to $180M
Allie Garfinkle / Fortune:
Google Ventures CEO David Krane on GV's first 15 years, operating independently from Alphabet, early investments in Nest and Uber, generative AI, and more
Bloomberg:
A profile of Xbox President Sarah Bond, who helped mollify the UK CMA's concerns about the Activision acquisition and is leading the Xbox unit's transformation

Earlier Picks

Tom Warren / The Verge:
Microsoft overhauls the Fluent design illustrations used across its products and services, shifting towards playful, 3D designs that bring back skeuomorphism
George Hammond / Financial Times:
Sources: Thrive Capital has already provided $1B+ to OpenAI as part of the $6.5B round; OpenAI's existing backers a16z and Sequoia Capital are not participating
Vishal Chawla / The Block:
Singapore-based crypto exchange BingX suffered a security hack on its hot wallet, resulting in a “minor” loss; PeckShield: the loss was $43M in cryptocurrencies
Robbie Whelan / Wall Street Journal:
Memo: Disney plans to stop using Slack in most units by the end of 2024, after a hacking group leaked 1TB+ of its data, including 44M Slack messages, in July
Jess Weatherbed / The Verge:
Google unveils Password Manager PIN to let Chrome users sync passkeys across Windows, macOS, Linux, ChromeOS, and Android devices, with iOS support coming soon
Bloomberg:
Brazil's Supreme Court orders X to reimpose a block or face a ~$920K daily fine after an update made X accessible; X says service restoration was “inadvertent”
Cecilia Kang / New York Times:
A US FTC report on the data practices of Meta, YouTube, TikTok, and six other companies finds “vast surveillance” of consumers to monetize their information
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