Techmeme
June 27, 2024, 2:30 PM

Top News

Jay Peters / The Verge:
Google adds support for 110 new languages in Translate, up from 133 languages, in its largest expansion ever, aided by the company's PaLM 2 AI language model  —  Google is adding support for 110 new languages to Google Translate, the company announced on Thursday.
Sarah Wynn / The Block:
Coinbase files two lawsuits against the US SEC and the FDIC for not complying with FOIA requests; one of the FOIA requests is about how the SEC views ether  —  - Coinbase, which retained consultant firm History Associates Inc. to file the FOIA requests, took aim at the SEC and FDIC …
Ken Yeung / VentureBeat:
Google says Gemma 2 will be available to researchers and developers through Vertex AI from July as a new 9B-parameter model and the prior 27B-parameter model  —  Google says Gemma 2, its open lightweight model series, will be available to researchers and developers through Vertex AI starting next month.
Tom Warren / The Verge:
Microsoft plans to launch its Xbox TV app on Amazon's Fire TV Sticks in July in 25+ countries, letting Game Pass Ultimate subscribers access Xbox Cloud Gaming  —  Microsoft is launching its Xbox TV app on Amazon's Fire TV Sticks in July.  The Xbox app will provide access to Xbox Cloud Gaming …
Will Knight / Wired:
OpenAI details CriticGPT, a model based on GPT-4 to catch errors in ChatGPT's code output, assisting human trainers in assessing and spotting errors  —  Having humans rate a language model's outputs produced clever chatbots.  OpenAI says adding AI to the loop could help make them even smarter and more reliable.
Abner Li / 9to5Google:
Google announces faster Google Sheets calculations in Chrome and Edge browsers on desktop, doubling speeds for running formulas, creating pivot tables, and more  —  Google is touting significant speed improvements when performing calculations in Sheets on desktop Chrome and Edge.
Dan Goodin / Ars Technica:
Progress Software discloses a critical vulnerability in MOVEit's SFTP module; hackers exploited a similar flaw in MOVEit in 2023 to breach almost 1,800 networks  —  A similar flaw last year left 1,800 networks breached.  Will the latest one be as potent?  —  A critical vulnerability …
Ivan Mehta / TechCrunch:
Meta starts testing user-created AI chatbots on Instagram in the US; Mark Zuckerberg says the chatbots, made using Meta AI studio, will be clearly labeled as AI  —  Mark Zuckerberg said today that in an early test in the U.S., Meta is surfacing AI characters made by creators through Meta AI studio on Instagram.
Karissa Bell / Engadget:
Meta's Oversight Board issued 53 decisions in 2023 and says Meta has fully or partially implemented 75 out of 266 recommendations from January 2021 to May 2024  —  The board says it wants to weigh in on “demoted content” on Facebook and Instagram.  —  The Oversight Board has published …
Margaux Nijkerk / CoinDesk:
MegaLabs, the developer behind the Ethereum scaling protocol MegaETH that it claims is a “real-time blockchain”, raised $20M in seed funding led by Dragonfly  —  The fresh round of capital will go towards building out the MegaETH protocol, with the aim of having a testnet go live in the next few months.
More: The Block
Jesse Hamilton / CoinDesk:
A look at the pro-crypto Fairshake super PAC, which raised $169M from Coinbase, Ripple, a16z, and more, and has backed 20+ US congressional primary wins in 2024  —  Coinbase, Ripple and a16z donated unprecedented money to influence the outcomes of congressional races, but nobody wants to say who's in charge …
Song Jung-a / Financial Times:
Naver-owned online comics platform Webtoon raised $315M in its Nasdaq IPO at $21 per share, the top of its $18-$21 marketed range, valuing the company at $2.7B  —  Online comics platform prices IPO at top of range for $2.7bn valuation  —  Webtoon Entertainment, an online comics platform …
The Information:
As tech companies grapple with the limited availability of Nvidia chips globally, Chinese companies like Alibaba face a tougher situation due to US restrictions  —  U.S. rules curbing the export of artificial intelligence chips to China are beginning to squeeze the country's AI industry.

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The Logan Bartlett Show:
EP 109: Sebastian Siemiatkowski (CEO, Klarna) on the Future of Klarna, Valuation Changes and AI in Finance
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
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More News

Aoyon Ashraf / CoinDesk:
Bloomberg:

Earlier Picks

Katie Mettler / Washington Post:
Jay Peters / The Verge:
Zak Butler / The Keyword: