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June 6, 2024, 2:45 AM
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Kif Leswing / CNBC:
Nvidia hits a $3T market cap and passes Apple as the second most valuable public US company, behind Microsoft  —  Nvidia passed Apple in market cap on Wednesday as investors continue betting on the chipmaker behind the artificial intelligence boom.  It is now the second-most valuable public company, behind Microsoft.
Sherry Qin / Wall Street Journal:
TSMC's Taiwan-listed shares hit a new record high after its US-listed stock jumped 6.85% overnight, following a rally by shares of Nvidia, a major TSMC customer  —  The jump in TSMC shares pushed the benchmark Taiex Index to an all-time high  —  Taiwan Semiconductor Manufacturing Co.'s shares …
David McCabe / New York Times:
Sources: the US DOJ will take the lead in investigating whether Nvidia has violated antitrust laws; the FTC will lead the inquiries into OpenAI and Microsoft  —  The Justice Department and the Federal Trade Commission agreed to divide responsibility for investigating three major players in the artificial intelligence industry.
David Pierce / The Verge:
Carl Pei says smartphones will be the main AI form factor of the future, but the UX needs to be redefined, and Phone (3) will be Nothing's first true AI phone  —  Nothing CEO Carl Pei just published a video in which he makes two big claims: that smartphones are in fact the AI gadget of the future …
Wes Davis / The Verge:
Humane tells Ai Pin owners that they should “immediately” stop using the charging case, citing issues with a battery cell that “may pose a fire safety risk”  —  Humane is telling AI Pin owners today that they should “immediately” stop using the charging case that came with its AI gadget.
Jenny Gross / New York Times:
Several hospitals in London face major disruptions after a June 3 ransomware attack on Synnovis, which provides lab services for the UK's NHS  —  A system used by several major London hospitals was targeted in a ransomware cyberattack, forcing the cancellation of services and the diversion of patients.
Kyle Wiggers / TechCrunch:
Stability AI releases Stable Audio Open, a text-to-audio model that generates up to 47 seconds of samples and sound effects, prohibited for commercial use  —  Stability AI, the startup behind the AI-powered art generator Stable Diffusion, has released an open AI model for generating sounds …
Mishaal Rahman / Android Authority:
In a UK compliance statement, Apple revealed that the iPhone 15 Pro Max will receive security updates for a minimum of five years from September 2023  —  Apple will support the latest iPhones for at least five years, less than the seven years guaranteed by Samsung and Google.  —  •  —  TL;DR
Emma Roth / The Verge:
Google will store Maps Timeline data locally on users' devices instead of their Google account starting December 1, after announcing the change in December 2023  —  Google Maps is changing the way it handles your location data.  Instead of backing up your data to the cloud, Google will soon store it locally on your device.
Kyle Wiggers / TechCrunch:
Mistral introduces AI model customization options, including an SDK for fine-tuning its models on workstations, servers, and small data center nodes  —  French AI startup Mistral is introducing new AI model customization options, including paid plans, to let developers and enterprises fine-tune …
Kurt Wagner / Bloomberg:
The Greater Memphis Chamber says xAI plans to develop a new facility in Memphis to house a supercomputer and could receive tax breaks and other incentives  —  - Startup could receive tax breaks and other business incentives  — New facility would come on the heels of $6 billion fundraising
Tom Warren / The Verge:
Google is acquiring software virtualization company Cameyo to deeply integrate virtualized Windows app support into ChromeOS, after a partnership in April 2023  —  Google is acquiring software virtualization company Cameyo in a push to deeply integrate virtualized Windows app support into ChromeOS.
Wired:
An investigation based on 22M+ flight coordinates reveals how the US' first police drone program, in Chula Vista, CA, impacts residents amid privacy concerns  —  A WIRED investigation, based on more than 22 million flight coordinates, reveals the complicated truth about the first full-blown …
Ryan Weeks / Bloomberg:
Paxos International, a UAE-based affiliate of Paxos, launches Lift Dollar, or USDL, a stablecoin pegged to the US dollar that will pay a ~5% yield to holders  —  - The Lift Dollar is issued by new affiliate Paxos International  — USDL will pay a yield to holders equal to about 5% per annum
Will Shanklin / Engadget:
YouTube plans to restrict some content pertaining to the real use of guns from viewers under 18 starting on June 18, a year after a watchdog group report  —  Last year, a nonprofit flagged gun-related videos recommended to children's accounts.  —  YouTube quietly snuck in a policy change …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:45 AM ET, June 6, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Wall Street Journal:
Sources: Skydance reached a preliminary deal to pay $1.75B for National Amusements and agreed to a 45-day period where other Paramount bidders can make offers

Eugen Rochko / Mastodon Blog:
Mastodon adds clickable bylines under article links, pointing to the author's fediverse account; The Verge and MacRumors are among the pubs using the feature

Lillian Rizzo / CNBC:
EverPass Media, which has commercial rights to NFL's Sunday Ticket, acquires UPshow, a service that enables live sports streaming at commercial establishments

More News

Reuters:
Duolingo deletes LGBTQ+ references in Russia after being warned by the country's communications regulator that the content is classed as “extremism”
Sage D. Young / Unchained:
Coinbase launches its smart wallet, which uses passkeys instead of seed phrases and works without app or extension installs, in a move to simplify onboarding
Yogita Khatri / The Block:
M^0, a decentralized stablecoin minting protocol, raised a $35M Series A led by Bain Capital Crypto; the round was structured as equity plus tokens
Nduka Orjinmo / Bloomberg:
In a letter, 16 Republican lawmakers accused Nigeria of taking Binance executive Tigran Gambaryan “hostage” and urged President Biden to help secure his release

Earlier Picks

Mark Gurman / Bloomberg:
A look at Apple's OpenAI deal before WWDC; sources say Apple plans to offer AI features as an opt-in service, and is working on two LLM-powered robotic devices
Joanna Stern / Wall Street Journal:
Apple plans to fix another Screen Time bug that lets kids circumvent parental controls; two researchers say they reported the bug to Apple twice in 2021
Paul Sawers / TechCrunch:
SAP plans to acquire Tel Aviv-based WalkMe, which helps users navigate other software UIs, for $1.5B in cash; WalkMe had raised ~$300M before its June 2021 IPO
Will Shanklin / Engadget:
Twitch says its Twitch Tier 1 subscriptions in the US will increase from $4.99 per month to $5.99 per month on July 11, the first price hike for US subscribers
Jordan Novet / CNBC:
Databricks plans to acquire Tabular, a data management startup that helps companies optimize data stored in the Apache Iceberg format and others, for $1B+
Kevin Roose / New York Times:
Current and former OpenAI and Google DeepMind staff sign an open letter warning of a culture of recklessness and secrecy at “frontier AI companies”
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