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December 3, 2024, 10:20 PM
Mediagazer memeorandum WeSmirch
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Top News

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 pretrain 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 the general availability of its Trainium2 chips, and EC2 Trn2 UltraServers, which feature 64 Trainium2 chips, and slates Trainium3 for late 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
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 …
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
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

CNN:
Mario Guevara, an El Salvador-born journalist who covers immigration raids, may face deportation after his arrest while covering No Kings protests in Atlanta

Emma Roth / The Verge:
Max, soon to be called HBO Max, says it is working on an AI tool that will identify “standout” scenes from its shows and movies to play as video previews

Brian Steinberg / Variety:
Politico ramps up its podcast investments, aiming to compete with broadcasters through video podcasts on YouTube, including by launching Sunday talk shows

More News

Nicole Carpenter / Polygon:
Ubisoft will shut down its free-to-play shooter XDefiant, with servers remaining on until June 3, 2025, and plans to cut ~277 people from the production team
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
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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