Techmeme
October 9, 2024, 12:05 AM

Top News

Washington Post:
ISD: top officials in NC and at FEMA responding to Hurricane Helene face antisemitic attacks largely on X, where 10 of the posts collectively drew 17.1M 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 White House account on Reddit for news and info about federal government work; the first posts cover 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 …
Leah Nylen / Bloomberg:
Filing: the US DOJ lays out “behavioral and structural remedies”, including a breakup, for the federal judge to consider in the Google Search antitrust case  —  - Antitrust enforcers propose making Google share search data  — Justice Department proposes multiple options in historic case
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
Joel Khalili / Wired:
HBO's documentary Money Electric: The Bitcoin Mystery says Peter Todd, known for his Bitcoin codebase contributions, is Satoshi Nakamoto, a claim Todd denies  —  A new HBO documentary takes a swing at uncovering the real identity of Satoshi Nakamoto, inventor of Bitcoin.
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 Research releases a report accusing Roblox of inflating user metrics to investors and prioritizing growth over child safety  —  Research firm alleges the videogame company has exaggerated user data and engagement figures  —  Short-selling firm Hindenburg Research …
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.
Megan Graham / Wall Street Journal:
Marketing tech company Zeta Global agrees to acquire LiveIntent, another marketing tech provider, for $250M in cash and stock, in a deal set 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
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 …
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.”
Jacob Robbins / PitchBook:
Brazil-based Asaas, which offers payment processing, invoicing, fraud protection, and other financial services to SMBs, raised a $148M Series C led by BOND  —  Asaas, a Brazilian enterprise fintech company, has raised a $148 million Series C as global investors once more look for opportunities in Latin America's burgeoning tech scene.
More: FinSMEs

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Earlier Picks

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Bloomberg: