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June 28, 2023, 11:05 AM
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| Bloomberg: |
Sources: FTX abruptly halted the sale of its $500M stake in AI startup Anthropic; FTX's bankers had reportedly been shopping its Anthropic stake in early June — Bankrupt cryptocurrency exchange FTX has abruptly halted the sale of one of its most sought-after assets: a stake in artificial intelligence startup Anthropic.| Jesse Coghlan / Cointelegraph: |
FTX sues former compliance officer Daniel Friedberg, alleging he was Sam Bankman-Fried's “fixer” who made “hush money” payments to two potential whistleblowers — The lawsuit claims the former compliance officer paid whistleblowers to stop them from exposing the “true fraudulent nature” of the exchange.| Colin Wilhelm / The Block: |
A US judge denies Sam Bankman-Fried's motion to dismiss or sever most of the criminal charges he faces; Bankman-Fried faces 100+ years in prison if convicted — A federal judge denied Sam Bankman-Fried's motion to dismiss or sever most of the criminal charges he faces.
More: Financial Times, Decrypt, Bitcoin News, Coinspeaker, Cryptopolitan, Watcher Guru, and Reuters
| Wall Street Journal: |
Sources: the US is considering new AI chip export restrictions to China as soon as July, which could even prevent sales of Nvidia's A800 chip without a license — Restrictions come amid concerns that China could use AI chips from Nvidia and others for weapon development and hacking| Patience Haggin / Wall Street Journal: |
Adalytics: ~80% of Google's video ad placements on third-party sites violated the company's promised standards between 2020 and 2023; Google disputes the claims — About 80% of Google's video-ad placements on third-party sites violated promised standards, new research shows; Google disputes claims
More: Adalytics, 9to5Google, The Guardian, Android Police, simpleblog.ai, PCMag, The Keyword, WinBuzzer, Dexerto, Search Engine Journal, The Overspill, Fortune, The Information, MarketWatch, and Electrek
Bluesky: @joshsternberg.bsky.social. Mastodon: @randfish@mastodon.social. Twitter: @nandoodles, @ttp_updates, @mathver, @davidclinchnews, @oliviaakory, @ryanbarwick, @theashleyray, @jameshercher, @aripap, @aripap, @paultang, @davidclinchnews, and @jason_kint
Forums: r/technology and Slashdot
| New York Times: |
UK convenience stores are increasingly using facial recognition to combat shoplifting, something critics say is a disproportionate solution for minor crimes — British merchants are increasingly using the technology to combat shoplifting, raising questions about its spread as artificial intelligence rapidly improves it.
Mastodon: @carnage4life@mas.to. Twitter: @satariano, @jazzyjtyler, @tonyromm, @silkiecarlo, @bigbrotherwatch, @kashhill, @fabiochiusi, and @kashhill
| Dan Goodin / Ars Technica: |
Analysis: the Clop ransomware group has breached 122 organizations and obtained the data of ~15M people to date by exploiting a critical zero-day flaw in MOVEit — The dramatic fallout continues, with as many as 122 organizations now breached. — The dramatic fallout continues …
More: CyberScoop, GovInfoSecurity.com, web, BleepingComputer, CRN, Dark Reading, DataBreachToday.com, and The Record. Forums: Ars OpenForum
| Bloomberg: |
An interview with senior Binance executive Yi He, who has stayed out of the spotlight and has children with CZ, on regulators, compliance, Okcoin, and more — One senior Binance executive has managed to stay out of the global spotlight over the past six years and counting …
Twitter: @caspiancey and @muyaoshen
| Alexandra Sternlicht / Fortune: |
How Shein's influencer tour of its Guangzhou factory, aiming to foster goodwill and improve the company's image before a rumored IPO, spectacularly backfired — In recent days, Chinese fast fashion giant Shein took a handful of influencers on a tour of its Guangzhou factory.
More: Forbes, Gizmodo, Insider, MIT Technology Review, CNN, PingWest, TechCrunch, Mashable, and MakeUseOf
Twitter: @thekimbino, @dieworkwear, @tyleroakley, @stevenjcbuckley, @ivadixit, @notabigjerk, @imaniamrani, @twinbrett_, @qinnitan, @thomasgermain, and @iamsternlicht
| David Heaney / UploadVR: |
Report: Google canceled its “Iris” AR glasses project earlier in 2023 to focus on creating AR software platforms to license to headset manufacturers — Google reportedly killed its glasses hardware project. — Business Insider's Hugh Langley cites “three people familiar with the matter” …
Source: Insider. More: 9to5Mac, PCWorld, PCMag, Mashable, 9to5Google, Android Authority, TechRadar, T3, BigTechWire, Analytics Insight, Engadget, SamMobile, Techlusive, PhoneArena, The Verge, Android Central, and Sammy Fans
Twitter: @mishaalrahman, @diegobez, @reedalbergotti, and @dzierler
Forums: r/hardware and r/virtualreality
| Kwaku Gyasi / Bloomberg: |
Public cloud infrastructure startup Fly.io, which operates data centers in 37 regions globally, raised a $110M Series C led by EQT at a $467M valuation — Fly.io, a tech startup whose public cloud infrastructure enables developers to deploy applications, has raised $70 million in a funding round …
More: The Fly Blog
| Jack Schickler / CoinDesk: |
The European Commission publishes its legislative plans to underpin a digital euro, including safeguards for privacy and financial stability — Officials want a digital payment system available to “everyone, everywhere, for free.” — BRUSSELS, Belgium - The European Commission published …
More: European Commission, Finextra, Cointelegraph, European Central Bank, The Block, Financial Times, RTÉ, Reuters, Business Post, Bloomberg, and Forkast
Twitter: @ecb, @digitaleu, @mamereric, and @eu_finance
| Kyle Wiggers / TechCrunch: |
OpenAI's ChatGPT iOS app adds Bing for ChatGPT Plus subscribers, drawing on information that extends beyond ChatGPT's original training data to answer questions — ChatGPT on mobile can now surf the web. But only via Bing. — Today, OpenAI announced that subscribers to ChatGPT Plus … | Bloomberg: |
A look at Anonymous Sudan, a self-described hacktivist group that researchers tied to Russia and that has targeted Microsoft, Sweden, Israel, the US, and others — A hacking group responsible for a series of outages at Microsoft Corp. earlier this month had spent the previous months attacking targets … | Bloomberg: |
Y Combinator received a record 24K applications for its latest cohort and accepted less than 1%, of which ~35% are AI-focused and 50% use AI in their business — More than one-third of the famed startup accelerator Y Combinator's latest batch of companies are focused specifically on artificial intelligence.
More: Business Post and Tech in Asia
| Ingrid Lunden / TechCrunch: |
Carl Pei's Nothing raised $96M led by Highland Europe before the Phone (2)'s launch, taking the company's funding to $250M; sources say 2022 revenue was $200M — Smartphone sales are in decline as handset makers grapple with saturated markets and a tough consumer economic climate.
More: Bloomberg, Business Standard, Silicon Republic, Forbes, Techlusive, Nothing, and T3
| Mark Bergen / Bloomberg: |
OpenAI plans to open an office in London, its first office outside the US, due to “world-class talent”; Sam Altman had floated Poland and France — ChatGPT creator OpenAI Inc. has chosen London as the home of its first corporate office outside the US, according to a company statement issued Wednesday.
More: OpenAI
| Foo Yun Chee / Reuters: |
EU countries and lawmakers reach an agreement on the Data Act, establishing rules on how Big Tech and other companies use European consumer and corporate data — EU countries and EU lawmakers on Tuesday agreed on rules that govern how Big Tech and other companies use European consumer and corporate data …
More: AppleInsider, 9to5Mac, Politico, The Verge, Council of the EU, Cointelegraph, Silicon Republic, RTÉ, Tech Xplore, CoinDesk, Watcher Guru, and Livemint
Twitter: @thierrybreton, @eucouncilpress, @bertuzluca, and @jchasserieau
| Nilay Patel / The Verge: |
Q&A with Roblox CEO David Baszucki on the company adding experiences for people aged 17+, its aging users, its social graph, young developers, Robux, and more — Roblox, the virtual world and game platform, has 66 million daily users who spent 14 billion collective hours on it in just Q1 of 2023.Sponsor Posts
Tribe AI:
Build AI products that matter — Tribe AI helps organizations rapidly deploy AI solutions that have real business impact. We bring together world class AI talent and tooling to drive differentiated results.
Build AI products that matter — Tribe AI helps organizations rapidly deploy AI solutions that have real business impact. We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
CIO challenge 6: Can we find an effective solution that also minimizes operational costs? — Welcome to the next and final installment of our CIO series! After what feels like a thousand cups of coffee …
CIO challenge 6: Can we find an effective solution that also minimizes operational costs? — Welcome to the next and final installment of our CIO series! After what feels like a thousand cups of coffee …
Hamming:
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.
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