Techmeme
October 4, 2024, 7:05 PM

Top News

Reece Rogers / Wired:
Meta announces Movie Gen, a suite of AI models for generating realistic video and audio clips; Movie Gen Video has 30B parameters and Movie Gen Audio has 13B  —  The next frontier in generative AI is video—and with Movie Gen, Meta has now staked its claim.
Kurt Wagner / Bloomberg:
Meta Movie Gen can create up to 16-second videos based on a text prompt, available to some staff and external partners; Meta plans to add it to its apps in 2025  —  Movie Gen tool can create short videos from a text prompt  —  Facebook parent Meta Platforms Inc. debuted a new artificial intelligence tool …
Bloomberg:
Sources: Ubisoft's founding Guillemot family and Tencent consider options including a Ubisoft buyout; UBI had fallen 50%+ in 2024 before jumping 33.5% on Friday  —  - Deliberations come after fall in game developer's share price  — Tencent, Guillemot family hold minority stakes in French firm
Natasha Lomas / TechCrunch:
The CJEU rules that social networks, such as Facebook, cannot keep using people's data for ad targeting indefinitely, siding with privacy campaigner Max Schrems  —  The European Union's top court has sided with a privacy challenge to Meta's data retention policies.
Dan Primack / Axios:
In an email to a16z employees, Ben Horowitz says he and his wife plan to make a “significant” personal donation to Harris' campaign; he endorsed Trump in July  —  - At the time, President Biden was still running for reelection. … - He notes that he and Felicia have known Harris …
Sarah Perez / TechCrunch:
Meta launches a Gen Z-focused redesign of Facebook, including a Local tab in 10 US cities, an Explore tab, and a full-screen video player in the Video tab  —  Facebook wants to woo more younger users to join its social network, instead of spending all their time on TikTok, Instagram, and other social apps.
Hannah Murphy / Financial Times:
As Mark Zuckerberg aims to be politically “neutral”, some argue he's placating critics like Trump; source: Nick Clegg now makes most election policy decisions  —  Meta chief seeks neutral stance ahead of US election but critics argue he is placating critics such as Trump
Ivan Mehta / TechCrunch:
Matt Mullenweg says 159 Automattic employees, or ~8.4% of staff, took “generous” severance after disagreeing with WordPress' direction and handling of WP Engine  —  Automattic CEO Matt Mullenweg said on Thursday that 159 employees (roughly 8.4% of staff) accepted a severance package …
Emily Nicolle / Bloomberg:
Coinbase says it will delist all unauthorized stablecoins, like Tether's USDT, from its exchange in the EEA by 2024's end, to comply with the EU's MiCA rules  —  - EU to implement new rules to oversee the crypto industry  — Coinbase will provide an update on its plans next month
Bill Toulas / BleepingComputer:
Researchers say Linux malware “perfctl” has been targeting millions of Linux servers to mine the hard-to-trace Monero cryptocurrency for at least three years  —  A Linux malware named “perfctl” has been targeting Linux servers and workstations for at least three years …
Jess Weatherbed / The Verge:
Google confirms it is “running a small experiment” showing blue verified checkmarks beside official site links for companies like Microsoft, Meta, and Apple  —  Google is experimenting with a new verification feature in search that should make it easier for users to avoid clicking on fake or fraudulent website links.
Lucy Craymer / Reuters:
Google says it'll stop linking to news and drop its deals with outlets in New Zealand if the country passes a law forcing digital platforms to pay for content  —  Google said on Friday it will stop linking to New Zealand news articles and ditch the agreements it has with local news organisations …

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More News

Juli Clover / MacRumors:

Earlier Picks

Katrina Manson / Bloomberg:
Maxwell Zeff / TechCrunch:
Emma Roth / The Verge:
Sarah Perez / TechCrunch: