Techmeme
December 27, 2024, 4:35 PM

Top News

OpenAI:
OpenAI says its board of directors is evaluating its corporate structure, including a plan to turn its for-profit arm into a Delaware Public Benefit Corporation  —  A stronger non-profit supported by the for-profit's success.  —  OpenAI's Board of Directors is evaluating our corporate structure …
Hayden Field / CNBC:
OpenAI says the PBC will oversee commercial operations, and the nonprofit will hire staff to pursue charitable activities in health care, education, and science  —  OpenAI said Friday that in moving toward a new for-profit structure in 2025, the company will create a public benefit corporation …
More: SiliconANGLE, Benzinga, Fortune, The Times, and Yahoo Finance
Bluesky: @davidwunderlichX: @miles_brundageLinkedIn: Hayden FieldForums: r/OpenAI
Bloomberg:
Montenegro says Terraform Labs co-founder Do Kwon will be extradited to the US, potentially ending a standoff over competing demands by the US and South Korea  —  “Most criteria envisaged by the law are in favor of the extradition demands from the institutions of the United States of America …
Reuters:
Experts say hackers compromised several companies' Chrome browser extensions, including Cyberhaven's, in a series of intrusions dating back to mid-December  —  Hackers have compromised several different companies' Chrome browser extensions in a series of intrusions dating back to mid-December …
Natasha Mascarenhas / The Information:
Bookkeeping startup Bench, which raised $100M+ including from Shopify, closes down effective immediately; several employees say Bench also laid off staff  —  Bench, a Vancouver, Canada-based bookkeeping startup that had raised more than $100 million from well-known venture capital firms …
Kyle Wiggers / TechCrunch:
DeepSeek-V3 sometimes identifies itself as ChatGPT when asked which model it is; some speculate that its training datasets may contain text generated by ChatGPT  —  Earlier this week, DeepSeek, a well-funded Chinese AI lab, released an “open” AI model that beats many rivals on popular benchmarks.
Shubham Sharma / VentureBeat:
Financial Times:
Meta expects AI-generated characters to “generate and share content” and “over time, exist on our platforms”, similarly to regular accounts  —  US tech group is rolling out a range of artificial intelligence tools to drive engagement
Greg Otto / CyberScoop:
The US says it has identified a ninth telecom company impacted by the Salt Typhoon hacks, and the number of individuals directly impacted is “less than 100”  —  In an update Friday, the White House says nine telecom companies were impacted by the Chinese espionage effort.  —  Learn more.
Zachary Small / New York Times:
Video game executives say making cinematic games is getting so expensive and time-consuming that investing in graphics is providing diminished financial returns  —  The gaming industry spent billions pursuing the idea that customers wanted realistic graphics.  Did executives misread the market?
Todd Spangler / Variety:
Eight free-speech groups, including the EFF, and three members of Congress file briefs with SCOTUS in support of TikTok's appeal against the divest-or-ban law  —  Groups alleging China's government has engaged in human-rights violations argue U.S. Constitution does not protect TikTok as “an unregistered foreign agent”

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Earlier Picks

Financial Times:
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Stephanie Palazzolo / The Information:
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