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October 1, 2024, 4:30 AM
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CNBC:
AI chip startup Cerebras Systems files for a US IPO, reports a $66.6M net loss on $136.4M in sales in H1 2024, and plans to trade on the Nasdaq as CBRS  —  Artificial intelligence chip startup Cerebras Systems on Monday filed its prospectus for an initial public offering …
Carl Franzen / VentureBeat:
MIT spinoff Liquid AI debuts its non-transformer AI models LFM 1B, 3B, and 40B MoE, and claims they achieve “state-of-the-art performance at every scale”  —  Liquid AI, a startup co-founded by former researchers from the Massachusetts Institute of Technology (MIT) …
Jay Peters / The Verge:
Reddit moderators must now submit a request to Reddit staff before changing a subreddit's public/private status, making sitewide mod-led protests much harder  —  Reddit is giving its staff a lot more power over the communities on its platform.  Starting today, Reddit moderators will not be able …
Mike Scarcella / Reuters:
Apple asks a US judge to throw out or narrow an App Store anti-steering injunction, saying rulings in two unrelated cases undermine an order that Epic had won  —  Apple (AAPL.O) has asked a U.S. judge to throw out or narrow a decision governing its lucrative App Store, saying …
Simon Willison / Simon Willison's Weblog:
Notes on Google NotebookLM's Audio Overview feature, which generates a podcast with two AI hosts discussing user-provided content and is surprisingly effective  —  Audio Overview is a fun new feature of Google's NotebookLM which is getting a lot of attention right now.
Reuters:
Epic files a CA lawsuit accusing Samsung and Google of colluding to deter users from rival app stores via Samsung's Auto Blocker, and plans to speak to the EU  —  “Fortnite” video game maker Epic Games on Monday accused Alphabet's Google (GOOGL.O) and Samsung (005930.KS) …
Bloomberg:
Oura says it expects annual sales double to roughly $500M in 2024; sources say it plans to debut a new, thinner fitness ring with better battery life in October  —  - CEO expects ‘healthy’ growth, but has no imminent IPO plans  — New model will have improved battery life and thinner design
Kevin Collier / NBC News:
FCC connectivity data in counties affected by Hurricane Helene: as of September 30, 370 of North Carolina's 1,452 cell sites are out because of a lack of power  —  In some counties, fewer than 10% of all cellphone service sites are fully functioning.  —  Some of the victims of Hurricane Helene are cut off from the outside world.
Julie Bort / TechCrunch:
Some criticize YC-backed PearAI for forking another AI code editor covered under the Apache license and changing the license to its own made-up closed license  —  A Y Combinator startup named PearAI launched with an X post thread and YouTube video on Saturday and created immediate controversy.
Jason Koebler / 404 Media:
Udemy uses opt-out windows, the first of which lasted three weeks and just ended, that its creators must use to prevent their videos from being used to train AI  —  Teachers are surprised they have been opted into having their classes scraped for AI training.
The Information:
Source: SoftBank's Vision Fund has agreed to invest $500M in OpenAI's latest funding round, SoftBank's first investment in OpenAI, which is raising $6.5B
Sergiu Gatlan / BleepingComputer:
The FCC announces a $31.5M settlement with T-Mobile over four data breaches, in 2021, 2022, and 2023, that compromised personal info of millions of US customers  —  The Federal Communications Commission (FCC) announced a $31.5 million settlement with T-Mobile over multiple data breaches …
Stephen Morris / Financial Times:
An interview with SAP CEO Christian Klein on why regulating AI would harm EU competitiveness, spending €2B per year on AI, building the Joule chatbot, and more  —  Christian Klein, head of bloc's biggest software firm, warns against further curbs on AI models

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From Mediagazer

New York Times:
CBS plans to show an onscreen QR code for the VP debate between JD Vance and Tim Walz to direct users to fact checks on the CBS News website

Benjamin Mullin / New York Times:
Sony Pictures says CEO Tony Vinciquerra will step down at the beginning of 2025 and be succeeded by the studio's President and COO Ravi Ahuja

Brian Stelter / CNN:
How WWNC and other local broadcasters became a lifeline for hard-hit North Carolina communities in the aftermath of Hurricane Helene

More News

Jody Godoy / Reuters:
A US court awards Amazon a partial dismissal of FTC's lawsuit accusing it of illegal monopolies, in a sealed ruling whose details weren't immediately clear
Umar Shakir / The Verge:
YouTube reaches a deal with SESAC that will bring back songs by Adele, Bob Dylan, Nirvana, and others that were removed over the weekend in the US

Earlier Picks

David Shepardson / Reuters:
US NHTSA: Cruise must pay a $1.5M fine, submit a corrective action plan, and face enhanced oversight after a 2023 crash with a pedestrian was not fully reported
Chance Miller / 9to5Mac:
Verizon says its network is functional again, following a massive outage that affected Verizon customers for hours on September 30 in the US
Suvashree Ghosh / Bloomberg:
Binance founder Changpeng Zhao pledges to keep investing in blockchain, AI, and biotech, in his first comments since his release from US custody on September 27
Thomas Rid / Foreign Affairs:
An FBI affidavit and European media leaks show how Russia's Doppelganger disinformation project operated and give insights into the Kremlin's online tactics
Amy Thomson / Bloomberg:
AT&T agrees to sell its majority stake in DirecTV to private equity firm TPG for $7.6B in cash, including $1.7B in pre-tax quarterly distributions in H2 2024
Les Pounder / Tom's Hardware:
Raspberry Pi AI Camera review: the new $70 kit has a smart camera with performance that will cover 99% of basic user projects, and works as a standard Pi camera
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