Techmeme
March 12, 2024, 9:45 PM

Top News

Chance Miller / 9to5Mac:
Apple unveils App Store updates for the EU, including Web Distribution, which will let authorized developers offer iOS apps on their websites from spring 2024  —  Last week, Apple released iOS 17.4 with big changes to the iPhone and App Store ecosystem to comply with the Digital Markets Act in the European Union.
Aisha Malik / TechCrunch:
Bluesky open sources its collaborative moderation tool Ozone and plans to let users run their own independent moderation services later this week  —  Decentralized Twitter/X rival Bluesky announced today that it's open sourcing Ozone, a tool that lets individuals and teams collaboratively review and label content on the network.
Sean O'Kane / TechCrunch:
Self-driving startup Applied Intuition raised a $250M Series E led by Lux, Elad Gil, and Porsche at a $6B valuation and works with “18 of the top 20 automakers”  —  Autonomous vehicle software company Applied Intuition has raised $250 million in a round that values the startup at $6 billion …
Tabby Kinder / Financial Times:
Carta: tech startup workers are receiving 37% less equity in their companies on average compared with 18 months ago; average salaries are down 0.2% since 2022  —  Data shows equity compensation has decreased by more than a third over past 18 months  —  Technology start-ups have slashed equity packages …
Charlotte Trueman / DatacenterDynamics:
Meta details its two new data center scale clusters, both containing 24,576 Nvidia H100 GPUs that the company is using for AI workloads like training Llama 3  —  Have been built to support AI research and development  —  Meta has shared the details of the hardware, network, storage, design …
Financial Times:
Docs: Nigeria, which has held two Binance execs since February amid a crypto exchange crackdown, is pushing Binance for info on its top 100 local users and more  —  Authorities hold senior company executives for two weeks after crackdown on cryptocurrency websites
Wall Street Journal:
As TikTok faces a divestment bill in the US, a look at how lawmakers and the Biden administration quietly planned the legislation and caught TikTok by surprise  —  Executives of the video-messaging app thought they had fended off attacks.  Behind the scenes, lawmakers and Biden officials were working to force its ban or sale.
Ashlee Vance / Bloomberg:
Cognition AI, which offers a Copilot-like coding assistant that, the startup says, can finish whole projects, raised $21M from Founders Fund, Elad Gil, and more  —  A new startup called Cognition AI can turn a user's prompt into a website or video game.  —  A new installment of Silicon Valley's …
Jagmeet Singh / TechCrunch:
Google confirms rolling out restrictions to limit Gemini surfacing answers on election queries globally; the update is live in the US and rolling out in India  —  If you want to ask Google's AI chatbot a question about an upcoming election, you will have to do it from a country where there are no elections taking place.
Bloomberg:
Letter: Chamath Palihapitiya's VC firm Social Capital said it fired two of its partners, citing an undisclosed “situation”, and hired a law firm to investigate  —  - Social Capital has declined to explain the sudden move  — High-profile firm said undisclosed ‘situation’ led to firing
Washington Post:
Sources: in summer 2023, Donald Trump asked Elon Musk if he wanted to buy Truth Social; Trump's advisers say the pair have talked about politics and business  —  The idea went nowhere, but the former president and the billionaire X owner have continued to communicate more than was previously known
Ashlee Vance / Bloomberg:
Source: Physical Intelligence, a startup making an AI model for “any robot or physical device”, has raised $70M from Thrive, Khosla, Lux, OpenAI, Sequoia, more  —  Physical Intelligence is building software intended to power robots that can learn a wide range of tasks.
Alexandra Alper / Reuters:
Sources: Intel's Trump-era license to sell advanced laptop CPUs to Huawei remains, despite AMD's pressure on Biden; source: AMD sought a similar license in 2021  —  Intel has survived an effort to halt hundreds of millions of dollars' worth of chip sales to Huawei, two people familiar with the matter said …

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