Techmeme
October 12, 2024, 6:45 AM

Top News

Mathew Ingram / The Torment Nexus:
Matt Mullenweg's feud with WP Engine not only presents a significant conflict of interest but has also dragged the WordPress community into a legal mess  —  Hi everyone!  Mathew Ingram here.  This is The Torment Nexus (you can find out more about me and this newsletter — and why I chose to call it that — in my inaugural post.)
Timothy B Lee / Understanding AI:
An interview with Waymo co-CEO Dmitri Dolgov on Tesla fans' claims that Waymo's software relies on hand-coded rules, can't handle freeway driving, and more  —  I talked to Dmitri Dolgov, co-CEO of Waymo.  —  This evening, Elon Musk will take the stage in Los Angeles for an event titled “We Robot.”
Dario Amodei:
An essay on what a “powerful AI” may look like and how it could positively transform the world in biology, neuroscience, economic development, work, and more  —  How AI Could Transform the World for the Better  —  I think and talk a lot about the risks of powerful AI.
Rozanna Latiff / Reuters:
TikTok is laying off hundreds of employees globally, including less than 500 in Malaysia, as it shifts focus towards a greater use of AI in content moderation  —  Social media platform TikTok is laying off hundreds of employees from its global workforce, including a large number of staff in Malaysia …
Tom Warren / The Verge:
Sources: Microsoft plans to test the ability to stream games that users own but aren't in the Xbox Game Pass library, starting with Xbox Insiders in November  —  Microsoft is planning to support the streaming of Xbox game libraries next month.  Sources familiar with Microsoft's plans tell …
Bloomberg:
Investigation: Uber and Lyft lockouts for 800+ NYC drivers occurred almost every hour of every day, saving the companies hundreds of millions of dollars in pay  —  One August morning in south Brooklyn, Mohamed Mohamed did what he's done almost every day for nine years: He woke up at 5 a.m. …
New York Times:
A look at Elon Musk's unparalleled involvement in the US election; sources: Trump's campaign contacted X to stop the circulation of the hacked JD Vance dossier  —  Elon Musk is planting himself in Pennsylvania, has brought his brain trust to help and may even knock on doors himself.
Charlie Warzel / The Atlantic:
The bleak online discourse about hurricanes Milton and Helene revealed not just a misinformation crisis in the US but a cultural assault on reality itself  —  The truth is, it's getting harder to describe the extent to which a meaningful percentage of Americans have dissociated from reality.
Hannah Lang / Reuters:
Adobe expects US BNPL spending to grow 11.4% YoY to $18.5B in Q4 2024; the Federal Reserve Bank of Philadelphia says most BNPL users make their payments on time  —  As Amazon's Prime Day kicked off the holiday shopping season this week, U.S. consumers are expected to spend a record $18.5 billion using buy …
Dan Primack / Axios:
PitchBook: VCs in the US invested $37.5B via 2,794 deals in Q3 2024, down 32% QoQ, despite some big AI rounds, as a lack of exits restricts new deal activity  —  Venture capital's lack of exits is restricting new deal activity, according to the latest PitchBook-NVCA Venture Monitor.
More: PitchBook
Marina Temkin / TechCrunch:
Filing: in OpenAI's $6.6B round, Khosla Ventures invested $405M; the majority, or possibly all, was pooled from other investors via a special purpose vehicle  —  Khosla Ventures has raised $405 million for OpenAI, according to a regulatory filing.  —  Based on the filing alone …
More: The InformationX: @pmarca
NPR:
Faulty court filing redactions: TikTok executives were unconcerned with the harms the app poses for US teenagers, despite internal research validating concerns  —  For the first time, internal TikTok communications have been made public that show a company unconcerned with the harms the app poses for American teenagers.

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Earlier Picks

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