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Techmeme
February 17, 2024, 3:30 PM
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Top News

Amy Or / Bloomberg:
Sources: Reddit signed a deal early in 2024, worth ~$60M on an annualized basis, allowing a large unnamed AI company to train its models on Reddit's content  —  - Social media firm agrees $60 million deal with AI company  — Reddit advised to seek at least $5 billion IPO valuation
New York Times:
Sources: OpenAI completed a deal valuing the startup at $80B or more, planning to let employees cash out their shares in a tender offer led by Thrive Capital  —  The A.I. start-up's valuation tripled in less than 10 months.  —  OpenAI has completed a deal that values the San Francisco …
Bloomberg:
Sources: the UK, the US, and other allies are working to provide Ukraine with thousands of new AI-enabled drones that could swarm Russian targets simultaneously  —  - Technology could help Ukraine overwhelm some Russian targets  — Germany's Scholz calls on EU allies to increase Ukraine aid
Alex Heath / The Verge:
Q&A with Figma CEO Dylan Field on managing the company after the failed sale to Adobe, maintaining culture, using the $1B breakup fee, expansion plans, and more  —  Figma has a billion dollars and big plans for expansion as it emerges from the acquisition with its ‘foot on the gas.’  —  Happy Friday.
Dell Cameron / Wired:
Sources: FISA's Section 702 bill was shelved over a rule that would end the government's ability to pay US firms for information rather than serving a warrant  —  A surprise disclosure of a national security threat by the House Intelligence chair was part of an effort to block legislation …
Allison Johnson / The Verge:
Google releases Android 15's first developer preview, with updates related to Android's Dynamic Performance Framework, privacy, the camera experience, and more  —  Our first official glimpse of Android 15 is here.  It includes a lot of under-the-hood tweaks to strengthen communication between hardware …
Washington Post:
How tech workers, spurred by geopolitical threats, are embracing battlefield tech; PitchBook: VCs invested $108B in defense tech companies between 2021 and 2023  —  After a decade of building the future, tech's new guard is going back to the American past — spurring a funding frenzy in defense technology
Andy Robinson / Video Games Chronicle:
Sources: Nintendo told game publishers the Switch 2's launch is delayed from late 2024 to Q1 2025; source: Nintendo needs more time to prepare its own games  —  That's according to Brazilian journalist Pedro Henrique Lutti Lippe, who claims in a new OX do Controle video that he received the information from five separate sources.

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This is a Techmeme archive page. It shows how the site appeared at 3:30 PM ET, February 17, 2024.

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From Mediagazer

Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”

Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency

Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming

More News

Noam Scheiber / New York Times:
Court filing: Amazon claims the NLRB is unconstitutional, after the agency said Amazon illegally retaliated against workers; SpaceX has made a similar claim

Earlier Picks

RT Watson / The Block:
Yuga Labs acquires Kevin Rose's NFT startup Proof, and plans to fold Proof's NFT project Moonbirds into its gamefied, metaverse project Otherside
Susan Lazaruk / Vancouver Sun:
Canada's Civil Resolution Tribunal rules that Air Canada must give a passenger a retroactive discount, which was erroneously promised by the airline's chatbot
Bloomberg:
Sources: Masayoshi Son seeks up to $100B for an AI chip venture to rival Nvidia; one scenario involves $30B from SoftBank and $70B from Middle Eastern investors
William Gallagher / AppleInsider:
Epic plans to “start developing the Epic Games Store on iOS soon” and launch the store in 2024, thanks to the DMA, after Apple approved its developer account
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