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December 3, 2024, 10:10 PM
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Joseph Cox / 404 Media:
FTC bans location data providers Gravy Analytics and subsidiary Venntel as well as Mobilewalla from using or selling data tied to sensitive locations and more  —  The Federal Trade Commission (FTC) announced sweeping action against some of the most important companies in the location data industry …
Gaby Del Valle / The Verge:
The CFPB proposes limiting data brokers' ability to sell Americans' personal and financial info, after the National Public Data breach discovered in April 2024  —  In the wake of high-profile hacks affecting hundreds of millions of Americans, the Consumer Financial Protection Bureau (CFPB) …
Sam Sabin / Axios:
The FBI and CISA urge US telecoms to harden their systems against attacks, as senior US officials say Salt Typhoon hackers remain present on telecoms' networks  —  - Officials added that they don't yet know the full scope of the intrusions, despite starting the investigation in late spring.
Kif Leswing / CNBC:
Apple says it's using Amazon's Trainium and Graviton chips to serve search services and is evaluating if Trainium2 chips can be used to pre-train its AI models  —  Apple is currently using Amazon Web Services' custom artificial intelligence chips for services like search and will evaluate …
Frederic Lardinois / TechCrunch:
AWS announces general availability of Trainium2 chips, and EC2 Trn2 UltraServers, which feature 64 Trainium2 chips; Trainium3 is slated for 2025  —  At its re:Invent conference, AWS today announced the general availably of its Trainium2 (T2) chips for training and deploying large language models (LLMs).
Belle Lin / Wall Street Journal:
AWS announces Project Rainier, a cluster that will contain “hundreds of thousands” of Trainium2 chips, slated for 2025 and to be used by Anthropic
Hannah Murphy / Financial Times:
Nick Clegg says Mark Zuckerberg is keen to play “an active role” in Trump admin tech policy debates and Meta “overdid it a bit” when moderating pandemic content  —  Policy chief Nick Clegg says social media company ‘overdid it’ on content moderation, as it seeks to placate president-elect
Kyle Wiggers / TechCrunch:
AWS announces Nova models for Bedrock, including Micro, Lite, Pro, and Premier text generating models, and Canvas and Reel models for image and video generation  —  At its re:Invent conference on Tuesday, Amazon Web Services (AWS), Amazon's cloud computing division, announced a new family …
Timothy Gardner / Reuters:
Meta is seeking proposals from nuclear power developers, as it plans to add 1 to 4 gigawatts of new US nuclear generation capacity starting in the early 2030s  —  Meta (META.O) said on Tuesday it is seeking proposals from nuclear power developers to help meet its artificial intelligence …
Luc Cohen / Reuters:
Celsius Network founder Alex Mashinsky agreed in a US court to plead guilty to commodities fraud and a fraudulent scheme to manipulate the price of CEL  —  Alex Mashinsky, the founder and former CEO of cryptocurrency lender Celsius Network, said on Tuesday he intends to plead guilty to two counts of fraud.
Kyle Wiggers / TechCrunch:
AWS launches Automated Reasoning checks to combat AI hallucinations, and Model Distillation, a tool to transfer the capabilities of a large model to a small one  —  Amazon Web Services (AWS), Amazon's cloud computing division, is launching a new tool to combat hallucinations — that is, scenarios where an AI model behaves unreliably.
Bloomberg:
Bluesky COO Rose Wang rejects the idea the social network is “left-leaning” and says Bluesky plans to launch a subscription service by the end of this year  —  - Company isn't building an app for ‘one voice,’ Wang says  — Service has added more than 10 million US users since election
Todd Spangler / Variety:
Walmart completes its $2.3B acquisition of TV maker Vizio, saying the purchase will let it offer new ways for advertisers to reach customers via Walmart Connect  —  Walmart announced the completion of its $2.3 billion all-cash acquisition of TV maker Vizio, a move by the retailing giant to expand its advertising business.
Sam Biddle / The Intercept:
An email and documents reveal Google's Project Nimbus deal with Israel isn't subject to Google's general ToS, but an “adjusted” ToS drafted by Google and Israel

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From Mediagazer

NBC News:
Three current and seven former Fox employees say Pete Hegseth drank in ways that concerned his colleagues; Fox News did not respond to requests for comment

Dade Hayes / Deadline:
Tech startup Channel 1, which debuted a newscast hosted by AI-generated anchors in 2023, unveils AI tools to improve the production and distribution processes

Hanaa' Tameez / Nieman Lab:
The Economist, WaPo, the NYT, and Wired are embedding vertical video carousels in news stories and featuring them on homepages to cater to mobile users

More News

Julie Bort / TechCrunch:
Trade business software provider ServiceTitan offers an IPO share price range at $52-$57 and plans to buy back the shares of its non-convertible preferred stock
Jonathan Vanian / CNBC:
Salesforce reports Q3 revenue up 8% YoY to $9.44B, vs. $9.35B est., net income up 25% to $1.5B, and issues Q4 guidance above est.; CRM jumps 10%+ after hours
Milana Vinn / Reuters:
Sources: Intel starts shortlisting a handful of CEO candidates, including former board member Lip-Bu Tan, who left in August 2024 after clashing with Gelsinger

Earlier Picks

Edith Hancock / Wall Street Journal:
A US law firm files an antitrust lawsuit against Microsoft with the UK's Competition Appeal Tribunal over how it charges users who buy services that rival Azure
Financial Times:
China bans shipments to the US of several “dual-use” minerals and metals used in chipmaking and military applications, in a retaliation to new US chips curbs
Sylvia Pfeifer / Financial Times:
German defense tech startup Helsing unveils its first AI attack drone, which can fly up to 100km and re-identify and engage targets without a data connection
John Paul Rathbone / Financial Times:
The NCSC says the UK faces a “widening gap” in its ability to fight cyber threats, and “severe” incidents handled by the agency tripled to 12 in the past year
Wes Davis / The Verge:
Threads is rolling out a search update globally over the next few weeks that will let users filter searches by “After date,” “Before date,” and “From profile”
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