Techmeme
October 9, 2024, 4:30 AM

Top News

Lee-Anne Mulholland / The Keyword:
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 officials also mull making Google share search data  — Justice Department proposes multiple options in historic case
Wall Street Journal:
US judges have little modern precedent to guide them on whether a breakup like the one the DOJ is proposing in the Google Search antitrust case is appropriate  —  Antitrust enforcers search for tough remedies to counteract alleged monopoly abuses  —  WASHINGTON—U.S. antitrust enforcers haven't broken up a company in 40 years.
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.
Sarah Perez / TechCrunch:
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.
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
Allison Johnson / The Verge:
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 …
Eleanor Olcott / Financial Times:
MiniMax, ByteDance, and 01.ai are among a group of Chinese AI companies that have launched AI products overseas, particularly in the US, to boost revenue growth  —  MiniMax, ByteDance and 01.ai launch apps overseas to boost revenue growth  —  Chinese artificial intelligence start-ups …
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
Laura Dobberstein / The Register:
OpenAI says Singapore will serve as its APAC hub and appoints Oliver Jay, who served as Asana's chief revenue officer, to lead its international expansion  —  Picks Singapore as APAC hub and outlines desire to get governments onside  —  Chat GPT-maker Open AI announced today that it's appointed …
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

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Earlier Picks

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Wall Street Journal:
Kati Pohjanpalo / Bloomberg:
Bloomberg: