Techmeme
October 8, 2024, 6:30 PM

Top News

Washington Post:
ISD: top NC and FEMA officials responding to Hurricane Helene face a flurry of antisemitic attacks, largely on X, where the posts collectively got 10M+ views  —  Report finds Elon Musk's X is fueling conspiracy theories that risk undermining rescue efforts and preparations for Hurricane Milton.
Jason Koebler / 404 Media:
An era of politically motivated AI slop is here, exacerbating viral conspiracy theories and making a big impact after disasters, as in the US, Brazil, and Gaza  —  The era of politically-motivated AI slop is here and it sucks.  —  By now, if you have spent any amount of time reading …
Sarah Perez / TechCrunch:
The Biden-Harris administration launches a Reddit White House account for news and info about federal government work; first posts are about Hurricane Helene  —  VP Kamala Harris is on the “Call Her Daddy” podcast, FEMA has a page dedicated to fighting the rumors circulating on social media …
Kati Pohjanpalo / Bloomberg:
The Royal Swedish Academy of Sciences awards the Nobel Prize in Physics to John Hopfield and Geoffrey Hinton for “foundational discoveries” in machine learning  —  - John J. Hopfield, Geoffrey E. Hinton worked on neural networks  — Their work laid foundations for machine learning and AI
Wall Street Journal:
Short seller Hindenburg releases a report accusing Roblox of inflating user metrics to investors and prioritizing growth over protecting minors; RBLX drops 5%+  —  Research firm alleges the videogame company has exaggerated user data and engagement figures  —  Short-selling firm Hindenburg Research …
Sarah Wynn / The Block:
Crypto.com sues the US SEC after receiving a Wells notice that the agency plans to bring an enforcement action against it; Consensys sued the SEC in April 2024  —  - The crypto trading platform said it decided to sue the agency after receiving a Wells notice and said the SEC's actions left them “with no other choice.”
Daniel Arkin / NBC News:
A bipartisan coalition of 14 US state AGs file lawsuits accusing TikTok of damaging minors' mental health and collecting their data without parental consent  —  The legal broadside alleges TikTok violated state laws by falsely claiming its service is safe for young people.
Jess Weatherbed / The Verge:
Adobe launches a Content Authenticity web app to let creators use its Content Credentials “nutrition labels” to apply attribution and opt out of AI training  —  Adobe is expanding its Content Credentials “nutrition labels” to make it even easier for creatives to be credited for their work …
Bloomberg:
Brazil's Supreme Court authorizes the return of X after the company complied with its demands, including taking down some accounts and appointing a legal rep  —  - Court banned platform in August as billionaire defied orders  — Social network had 22 million users in South American country
Kris Holt / Engadget:
Rockstar plans to bring Red Dead Redemption to PC, 14 years after its PS3 and Xbox 360 debut, via the Rockstar Store, Epic Games Store, and Steam on October 29  —  It will arrive on October 29 with zombie spin-off Undead Nightmare bundled in.  —  Fourteen years after it debuted on PS3 and Xbox 360 …
Megan Graham / Wall Street Journal:
Marketing tech company Zeta Global agrees to buy LiveIntent, another marketing tech provider, for $250M in cash and stock in a deal expected to close in Q4 2024  —  Zeta said LiveIntent's database of customer information will strengthen its own offerings as marketers make first-party data a priority
More: Zeta Global
Kathrin Hille / Financial Times:
Foxconn Chair Young Liu says the company plans to build a plant in Mexico's Guadalajara to make Nvidia GB200 Blackwell AI servers, as tech decouples from China  —  Decision to base plant in Guadalajara shows ‘nearshoring’ of supply chains away from China  —  Electronics manufacturing group Foxconn …
Sara Fischer / Axios:
OpenAI signs a content deal with Hearst to use content from 40+ local newspapers and 20+ magazines in its products, after Condé Nast and Dotdash Meredith deals  —  - Like its other recent publisher deals, OpenAI says Hearst content that's used to fuel answers to user queries in ChatGPT will feature …
Jiyoung Sohn / Wall Street Journal:
TrendForce: TSMC's global foundry revenue share will hit ~64% in 2024, up from 51% in 2019, while Samsung's share is set to drop to ~10%, down from 16% in 2019  —  South Korean tech giant's rivals seize ground in memory and contract manufacturing  —  SEOUL—For a major maker of semiconductors …
Yoolim Lee / Bloomberg:

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Earlier Picks

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Bloomberg: