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June 12, 2024, 2:55 PM
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Top News

Mariella Moon / Engadget:
X says the platform will make Likes private for everyone this week, meaning users will no longer be able to see who liked someone else's post  —  Likes on the website will no longer cause PR crises for public figures.  —  Thanks to X showing what its users “like” on its platform …
Sean Michael Kerner / VentureBeat:
Stability AI releases Stable Diffusion 3 Medium, intended to be a smaller yet capable model on consumer GPUs, with 2B parameters, compared to SD3 Large's 8B  —  Bigger isn't always better, especially when it comes to running generative AI models on commodity hardware.
Verne Kopytoff / Fortune:
In an interview, OpenAI CTO Mira Murati responded to Elon Musk's denouncement of Apple's OpenAI deal, saying OpenAI cares deeply about user privacy and security  —  A top OpenAI executive defended her company against Elon Musk, a day after the billionaire CEO described the integration …
Joseph Cox / 404 Media:
A hacker says they breached Tile internal tools, including one for processing data for cops, and stole customer data like phone numbers, addresses, and Tile IDs  —  A hacker broke into systems used by Tile, the tracking company, then stole a wealth of customer data and had access to internal company tools.
Ivan Mehta / TechCrunch:
A list of apps that Apple “Sherlocked” at WWDC 2024, like 1Password and LastPass, call transcription apps like Truecaller, and custom emoji apps like Newji  —  Apple has been on a spree of late, announcing a host of new features for its various devices earlier this week at its Worldwide Developer Conference (WWDC).
Ina Fried / Axios:
IBM and Xerox PARC engineer Lynn Conway, who helped shape the way chips are designed and undertook a gender transition in 1968, died last weekend at age 86  —  - In the 1970s, Conway helped author “Introduction to VLSI Systems,” a seminal book in the field of chip design that became …
Andrew Cunningham / Ars Technica:
Apple developer documentation: macOS 15 Sequoia will let virtual machine users sign into iCloud and Apple ID-related services, which was previously not possible  —  It only works for macOS 15 guests on macOS 15 hosts, but it's a big improvement.  —  We've written before about Apple's handy …
Bloomberg:
Terraform Labs and co-founder Do Kwon agree to pay $4.47B to resolve a US SEC lawsuit, after a jury in April found them liable for fraud following a civil trial  —  - Deal includes $204.3 million payment by founder Do Kwon  — Terraform, Kwon found liable for fraud in April civil trial
Benjamin Hoffman / New York Times:
Some people are using “slop” to describe low-grade AI material in social media, art, books, and more; the term emerged in reaction to AI art generators in 2022  —  A new term has emerged to describe dubious A.I.-generated material.  —  You may not know exactly what “slop” means in relation to artificial intelligence.
Ryan Vlastelica / Bloomberg:
Apple's stock closed up 7.3% at $207.15 on June 11, its biggest one-day jump since November 2022, for a $3.18T market cap, just under Microsoft's $3.22T  —  - The return to all-time high comes after Monday conference  — Shares have underperformed most other big tech names this year
Wall Street Journal:
Sources and documents detail how Elon Musk blurred boundaries with female employees at SpaceX, including having sex with an employee and a former intern  —  The billionaire founder had sex with an employee and a former intern, and asked a woman at his company to have his babies
Diana Li / Bloomberg:
Filings: Michael Dell plans to sell 10M Dell shares worth $1.3B, after selling $1.6B in shares earlier in 2024; Dell sold $1.7B in 1999 before the bubble burst  —  - Dell filed to sell 10 million shares now worth $1.3 billion  — His hardware company surged this year on AI optimism
More: Benzinga
Ben Schoon / 9to5Google:
YouTube plans to roll out its Thumbnail Test & Compare tool to all creators “in the coming weeks”, letting them test video thumbnails “evenly” across audiences  —  YouTube is preparing to roll out a new thumbnail testing feature to creators, which means you'll …

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From Mediagazer

New York Times:
Court docs detail a smear campaign against actor Blake Lively via media articles and social media posts after she accused director Justin Baldoni of misconduct

Jessica Toonkel / Wall Street Journal:
A deep dive into Paramount's sale to Skydance; sources: Skydance may integrate Pluto into Paramount+, and CBS head George Cheeks is expected to be head of TV

Max Tani / @maxwelltani:
Memo: WaPo's Matt Murray lays out plans for WP Ventures, the “third newsroom”; Krissah Thompson will be editor and Samantha Henig will be general manager

More News

Arno Schuetze / Bloomberg:
German startup Black Semiconductor raised €254M, comprising €229M in public grants and €26M in equity, to build chips using graphene for mass production in 2031
Varsha Bansal / Rest of World:
Sources detail struggles at Koo, an Indian rival to X, including laying off ~80% of its workforce in recent months and being unable to raise more funds
Reuters:
Four Indian retailer associations representing 90K grocery shops say monthly sales are dropping by 10% to 60% for some due to the rise of quick commerce apps

Earlier Picks

Mark Gurman / Bloomberg:
Sources: Samsung is combining its AI-focused research centers in Toronto and Mountain View to improve operations, led by former Apple executive Murat Akbacak
Hayden Field / CNBC:
Elon Musk withdraws his lawsuit against OpenAI, Sam Altman, and Greg Brockman, filed in California in February 2024 over breach of contract and fiduciary duty
Jordan Novet / CNBC:
Oracle reports Q4 revenue up 3% YoY to $14.29B, vs. $14.55B est., net income down 5% to $3.14B, announces deals with Google and OpenAI; ORCL jumps 7%+
Usama Jawad / XDA Developers:
Microsoft is removing the Custom GPT Builder feature from the consumer version of Copilot Pro on July 10, just three months after launching the feature
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