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October 3, 2024, 10:50 AM
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Top News

Ina Fried / Axios:
OpenAI raised $6.6B led by Thrive Capital, the largest VC deal of all time, valuing it at $157B, with participation from Microsoft, Nvidia, SoftBank, and others  —  - Not taking part, a source confirms, is Apple, which reportedly had been in talks to invest.
Financial Times:
Sources: OpenAI has asked investors to avoid backing rival startups such as Anthropic and xAI, an exclusive funding arrangement to keep its generative AI lead
Cade Metz / New York Times:
Source: Thrive invested ~$1.3B in OpenAI's $6.6B round, with an exclusive option to invest up to $1B more at the same $157B valuation through 2025
Joseph Cox / 404 Media:
Two Harvard students demo using Ray-Ban Meta Smart Glasses, PimEyes, and other tools to instantly identify strangers' names, phone numbers, addresses, and more  —  The technology, which marries Meta's smart Ray Ban glasses with the facial recognition service Pimeyes and some other tools …
Bill Toulas / BleepingComputer:
Researchers: hackers are actively exploiting an RCE vulnerability in Zimbra email servers, disclosed on September 27, triggered by emailing the SMTP server  —  Hackers are actively exploiting a recently disclosed RCE vulnerability in Zimbra email servers that can be triggered simply …
Ivan Mehta / TechCrunch:
WP Engine files a lawsuit in California against Automattic and WordPress co-founder Matt Mullenweg, accusing them of “abuse of power, extortion, and greed”  —  Web hosting provider WP Engine has filed a lawsuit against Automattic, and WordPress co-founder Matt Mullenweg, accusing them of extortion and abuse of power.
Nicola M. White / Bloomberg:
Gurbir Grewal, the US SEC's top enforcement official since 2021, who oversaw 2,400+ enforcement actions and the crypto crackdown, plans to leave on October 11  —  - Grewal helped lead WhatsApp probes, crypto industry crackdown  — SEC official was previously New Jersey's attorney general
Ivan Mehta / TechCrunch:
Spotify launches Offline Backup, which automatically makes recently streamed and now playing queued songs available as an offline playlist for Premium users  —  Spotify introduced a new feature today called Offline Backup.  This feature for premium users is essentially a list of songs …
Thomas Claburn / The Register:
Co-founders Tim Berners-Lee and Rosemary Leith plan to close the World Wide Web Foundation after 15 years of fighting to make the web safer and more accessible  —  Who wants to join his so Solid crew?  —  After fifteen years of fighting to make the web safer and more accessible, the World Wide Web Foundation is shutting down.
Nikhilesh De / CoinDesk:
The US SEC files a notice of appeal in its Ripple case, seeking to reverse a July 2023 ruling that XRP sales on retail exchanges didn't violate securities rules  —  A federal judge ruled last year that the SEC had not made its case that Ripple violated securities law by selling XRP to retail customers through exchanges.
Victoria Song / The Verge:
Oura unveils the $349+ Oura Ring 4, featuring a slimmer design, improved accuracy, and more sizes, shipping October 15, and completely redesigns the Oura app  —  Oura is giving its popular smart ring and app a substantial makeover.  The company just announced the $349 Oura Ring 4 …
Ryan McNeal / Android Authority:
Amazon announces a new lineup of Fire HD 8 tablets, with 50% more RAM than the previous models, and three new generative AI features for compatible Fire tablets  —  Amazon launches new Fire HD 8 tablets, rolls out three new AI features.  —  •  —  TL;DR  — Amazon is launching a new lineup of Fire HD 8 tablets.
Daniel Thomas / Financial Times:
Amazon plans to increase the number of ads on Prime Video in 2025 after not seeing a sharp drop in subscribers since adding advertisements in January 2024  —  Ecommerce group attempting to win over more brands as it steps up push into ad-funded streaming services in 2025
Dylan Martin / CRN:
Accenture says it will train 30K employees on Nvidia's AI tech and start a new Nvidia Business Group focused on driving enterprise adoption of AI agents  —  The global services powerhouse says its newly formed Nvidia Business Group will focus on driving enterprise adoption …
Allison Johnson / The Verge:
Google expands conversational AI voice chat Gemini Live's language support to French, German, Portuguese, Hindi, and Spanish, after launching in English  —  Google initially rolled out Gemini Live, its conversational AI voice chat, in just one language: English.
Paige Smith / Bloomberg:
PayPal completes its first business payment using its proprietary PYUSD stablecoin, paying an E&Y invoice on September 23 via SAP's digital currency hub  —  SAP's platform, known as the digital currency hub, allows enterprises to send and receive digital payments instantly, around the clock.

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This is a Techmeme archive page. It shows how the site appeared at 10:50 AM ET, October 3, 2024.

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From Mediagazer

Anna Betts / The Guardian:
A judge orders an evidentiary hearing for next week to determine whether the Infowars auction was conducted fairly

Michael Gold / New York Times:
President-elect Donald Trump announces he has chosen Karoline Leavitt, who served as his campaign's press secretary, to be his White House press secretary

Matthew Keys / The Desk:
Prime Video users will be able to watch local PBS stations and PBS Kids for free in coming months, and two new free PBS channels with ads starting November 26

More News

Earlier Picks

Jordan Novet / CNBC:
Analysis: Microsoft's finance leases, mainly for data centers and set to start between FY 2025 and FY 2030, have risen by nearly $100B in two years to $108.4B
Maxwell Zeff / TechCrunch:
A US judge temporarily blocks California's AG from enforcing AB 2839, which Governor Gavin Newsom signed into law on September 17 to remove election deepfakes
David Shepardson / Reuters:
President Biden signs legislation that will exempt some US chip manufacturing facilities receiving government subsidies from federal environmental reviews
Bloomberg:
Poolside, which is building AI-assisted software development tools, raised a $500M Series B led by Bain Capital Ventures, reportedly at a $3B valuation
Abner Li / 9to5Google:
Google updates Gmail for Android and iOS with new summary cards that are more glanceable and actionable and a new “Happening soon” section above the inbox
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