Techmeme
December 21, 2024, 4:15 AM

Top News

Lee-Anne Mulholland / The Keyword:
Google files its proposed remedies in the DOJ's search antitrust lawsuit, including letting browser companies have multiple default agreements across platforms  —  We will appeal the Court's decision but the process requires that we first file proposed remedies.  This is a case about contracts.
Maxwell Zeff / TechCrunch:
OpenAI unveils o3 and o3-mini, trained to “think” before responding via what OpenAI calls a “private chain of thought”, and plans to launch them in early 2025  —  OpenAI announced its new o3 models on Friday.  —  In a tweet ahead of its final livestream for its …
More: OpenAI on YouTube, OpenAI, Digital Trends, Ars Technica, Gizmodo, Quartz, Engadget, The Verge, Axios, and CNBC
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ARC Prize:
o3, trained on the ARC-AGI-1 Public Training set, scored 87.5% on ARC Prize's Semi-Private Evaluation in a high-compute configuration; GPT-4o scored 5% in 2024  —  OpenAI's new o3 system - trained on the ARC-AGI-1 Public Training set - has scored a breakthrough 75.7% on the Semi-Private Evaluation set …
Bloomberg:
Joseph Menn / Washington Post:
A US judge finds NSO Group liable for exploiting a bug in WhatsApp to spy on 1,400 users and that WhatsApp is entitled to sanctions against NSO  —  Israel-based maker of Pegasus program loses five-year-old landmark case.  —  Messaging giant WhatsApp won a landmark ruling Friday …
Bloomberg:
Qualcomm prevails at trial against Arm's claim that it breached a chip tech license acquired in the $1.4B Nuvia purchase in 2021; Arm plans to seek a retrial  —  - US jury finds Qualcomm didn't violate terms of agreement  — Delaware jurors were unable to agree on Nuvia's alleged breach
Liz Pelly / Harper's:
How Spotify used its Perfect Fit Content program to rig its system against musicians, filling popular playlists with “ghost artists” to cut its royalty payouts  —  I first heard about ghost artists in the summer of 2017.  At the time, I was new to the music-streaming beat.
Jamie Tarabay / Bloomberg:
The US charges dual Russian and Israeli national Rostislav Panev for allegedly working with the LockBit ransomware group and seeks his extradition from Israel  —  - Extortion group targeted Boeing, Royal Mail and thousands more  — Israeli-Russian national allegedly hired via Telegram chat app
Hugh Son / CNBC:
The US CFPB sues Zelle operator EWS, JPMorgan Chase, Bank of America, and Wells Fargo, alleging that customers lost $870M+ to fraud since Zelle's launch in 2017  —  The Consumer Financial Protection Bureau on Friday sued the operator of the Zelle payments network and the three U.S. banks …
Stephen Alpher / CoinDesk:
Rumble announces a $775M investment from Tether and plans to use $525M to fund a tender offer for ~70M shares of its common stock; RUM jumps 35%+ after hours  —  YouTube competitor Rumble (RUM) is in a deal for a $775 million strategic investment from stablecoin giant Tether.
Sylvia Varnham O'Regan / The Information:
Google hired 100+ staffers of Magic Leap as contractors to assist with Google's work on its new Android XR OS, raising questions about the future of Magic Leap  —  Google has hired more than 100 staffers at augmented reality firm Magic Leap as contractors to assist with Google's work …
More: SamMobile
Andrew J. Hawkins / The Verge:
A study by Waymo and insurer Swiss Re finds Waymo's vehicles were safer than those driven by humans, with a 92% reduction in bodily injury claims and more  —  Waymo's autonomous vehicles cause less property damage and fewer bodily injuries when they crash than human-driven vehicles …
Reuters:
Dealogic data: the global M&A activity in the tech sector in 2024 jumped 20%+ YoY to $534B, accounting for the largest share of the total $3.45T in M&A activity  —  Bankers expect global deal volumes to surpass $4 trillion next year, the highest in four years, buoyed …

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More News

Olivia Carville / Bloomberg:
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Earlier Picks

Lorenzo Franceschi-Bicchierai / TechCrunch:
Robert Booth / The Guardian: