Techmeme
October 10, 2024, 4:25 PM

Top News

Gaby Del Valle / The Verge:
The FBI reveals it created Ethereum-based token NexFundAI with the help of “cooperating witnesses” to investigate price manipulation in crypto markets  —  The FBI created a cryptocurrency as part of an investigation into price manipulation in crypto markets, the government revealed Wednesday.
Lawrence Abrams / BleepingComputer:
A threat actor hacked the Internet Archive and stole a user authentication database with 31M unique records; a DDoS attack took the site offline on October 9  —  Internet Archive's “The Wayback Machine” has suffered a data breach after a threat actor compromised the website and stole …
Samantha Cole / 404 Media:
WordPress.org adds a checkbox to confirm users aren't “affiliated with WP Engine in any way, financially or otherwise” before they log in or register an account  —  WordPress.org users are now required to agree that they are not affiliated with website hosting platform WP Engine before logging in.
David Heinemeier Hansson / HEY:
Automattic demanding an 8% cut of WP Engine's revenue is a wanton violation of open source ideals, and the damage to open source may extend far beyond WordPress  —  Automattic demanding 8% of WP Engine's revenues because they're not “giving back enough” to WordPress is a wanton violation …
Bloomberg:
Amazon says Apple TV+ will be available as a $9.99/month subscription add-on in Prime Video Channels later this month in the US, joining 100+ streaming services  —  Apple will begin selling TV+ subscriptions through Prime later this month, Mike Hopkins, senior vice president of Amazon Prime Video …
Joyu Wang / Wall Street Journal:
Taiwan says China detained four employees at Foxconn's iPhone factory in Zhengzhou and says Foxconn said it didn't suffer a financial loss tied to their actions  —  Taiwan says investor confidence may be damaged after four Taiwanese are held  —  TAIPEI—Four Taiwanese employees …
David Yaffe-Bellany / New York Times:
How Ryan Salame, an FTX executive who gave millions to GOP politicians, and Michelle Bond, who ran for Congress, went from crypto power couple to facing prison  —  Ryan Salame, an FTX executive, and Michelle Bond, a crypto policy advocate, were once a Washington power couple.  Now they both face prison time.
Financial Times:
How Google plans to deflect and delay the US breakup threat; a remedies ruling is likely in mid-2025 and legal timelines may let it put off any impact for years  —  Search group claims regulators are overreaching just as foreign and domestic rivals are gaining ground
Bloomberg:
Hayden Field / CNBC:
OpenAI says it has disrupted 20+ operations and deceptive networks in 2024 so far that tried to use its models, including four that had election-related content  —  OpenAI is increasingly becoming a platform of choice for cyber actors looking to influence democratic elections across the globe.
Bloomberg:
A profile of FTC Chair Lina Khan, whose term ended in September 2024, as a bipartisan club of tech figures and VCs, including Reid Hoffman, call for her ouster  —  Biden's FTC chair has toughened merger oversight, taken on noncompetes and made the donor class crazy.
Grace Kay / Business Insider:
Four of Musk's Tesla direct reports, including its CIO and global vehicle automation and safety policy lead, recently resigned, ahead of Tesla's robotaxi event  —  - Four Tesla execs announced in the past week that they were leaving or had already left the company.
Carl Franzen / VentureBeat:
Chinese researchers debut AI model Pyramid Flow, which makes a five-second, 384p video in 56 seconds, built using a new technique called pyramidal flow matching  —  The number of AI video generation models continues to grow with a new one, Pyramid Flow, launching this week …
Gavin Bonshor / The Register:
Intel unveils its Arrow Lake desktop processors, with an NPU, better power efficiency at higher clock speeds, and 2X the graphics performance vs. its 14th Gen  —  New silicon, new architecture, and loads of new motherboards rise to support it, but will power be anchored down?
Kif Leswing / CNBC:
AMD launches the Instinct MI325X GPUs to compete with Nvidia's upcoming Blackwell chips, and plans to start production before the end of 2024  —  AMD launched a new artificial-intelligence chip on Thursday that is taking direct aim at Nvidia's data center graphics processors, known as GPUs.
Brian Krebs / Krebs on Security:
An investigation details a $243M crypto heist in August 2024 where attackers used a phone-based social engineering attack on a user of Gemini's crypto exchange  —  The parents of a 19-year-old Connecticut honors student accused of taking part in a $243 million cryptocurrency heist in August …
Jack Kubinec / Blockworks:
Stripe reintegrates crypto payments in the US, letting users pay merchants in USDC or USDP on Ethereum, Solana, and Polygon, after disabling the feature in 2018  —  Customers can pay merchants in USDC or USDP on Ethereum, Solana, and Polygon, while US-based merchants are paid in dollars

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