Techmeme
June 27, 2024, 10:00 AM

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.
Aoyon Ashraf / CoinDesk:
Bitcoin falls after a wallet tagged to the US government moved ~3,940 BTC, worth ~$240M and originally seized from a Silk Road vendor, to Coinbase Prime  —  About 4k bitcoin had been seized from narcotics trafficker Banmeet Singh at his January 2024 trial.  —  Bitcoin (BTC) fell …
Sarah Wynn / The Block:
Coinbase files two lawsuits against the US SEC and the FDIC for not complying with FOIA requests; one FOIA request to the SEC concerns its views on ether  —  - Coinbase, which retained consultant firm History Associates Inc. to file the FOIA requests, took aim at the SEC and FDIC in lawsuits filed …
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 …
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.
Carmen Reinicke / Bloomberg:
Amazon reaches a $2T market valuation for the first time; its shares have whipsawed since the company's Q1 2024 earnings and have gained 29% so far in 2024  —  - Megacap joins Alphabet, Nvidia and more above key level  — Company's cloud unit posted biggest sales growth in a year
Katie Mettler / Washington Post:
The US DOJ indicts a Russian national, who remains at large, for his alleged involvement in the WhisperGate malware attack on Ukrainian systems in January 2022  —  A federal grand jury indicted Russian national Amin Stigal this week on allegations that he conspired with the Russian military …
Karissa Bell / Engadget:
Meta's Oversight Board says it issued 53 decisions in 2023 and that Meta has fully or partially implemented 75 out of 266 recommendations since January 2021  —  The board says it wants to weigh in on “demoted content” on Facebook and Instagram.  —  The Oversight Board has published …
Ina Fried / Axios:
Duncan Riley / SiliconANGLE:
KarmaCheck, which uses AI for conducting background checks and was founded by LinkedIn's Eric Ly, raised a $45M Series B, bringing total funding to $60M  —  Background checks, credentialing and compliance software company KarmaCheck Inc. today announced that it has raised $45 million …
More: Reuters
Kyle Wiggers / TechCrunch:
Orby AI, which is building generative AI agents to automate business workflows, raised a $30M Series A, sources say at a post-money valuation of $100M+  —  AI “agents” are generative AI models that can perform actions autonomously, like copying info from an email and pasting it into a spreadsheet …
More: SiliconANGLE
Bloomberg:
OpenAI's move to cut off API access to Chinese developers sets the stage for a Chinese industry shakeup and will accentuate the divide between China and the US  —  - Local AI services from Baidu to 01.AI tout discount offers  — The abrupt move sets the stage for a Chinese industry shakeup
Jay Peters / The Verge:
Figma debuts a major UI redesign, new generative AI tools, and a built-in slideshow feature, which is free in beta but will be a paid product at official launch  —  Figma is announcing a bunch of new features at its Config conference today, including a major UI redesign …
Financial Times:
Q&A with Beijing Academy of Artificial Intelligence's Zhang Hongjiang on becoming one of China's leading advocates for AI regulation, US export curbs, and more  —  One of China's leading advocates for artificial intelligence safeguards says international collaboration is key
Ingrid Lunden / TechCrunch:
Odaseva, which provides data protection services for large Salesforce customers, raised a $54M Series C, bringing its total funding to $90M  —  Cloud services continue to be a weak point for enterprises when it comes to security, so companies providing effective solutions to address this continue …
More: Odaseva
The Information:
Slides shown to Chinese sellers: Amazon plans to launch a Temu-like section featuring cheap items that ship directly from China to overseas consumers  —  Amazon plans to launch a section on its shopping site featuring cheap items that ship directly to overseas consumers from warehouses in China …
Ceylan Yeğinsu / New York Times:
Testing ChatGPT, Vacay, and Mindtrip to plan a Norway trip shows none were perfect, but the AI chatbots streamlined travel decisions complementing one another  —  Can artificial intelligence devise a bucket-list vacation that checks all the boxes: culture, nature, hotels and transportation?
More: TechCrunch
Joanna Chiu / Rest of World:
Citizen Lab: Microsoft censors its Bing translation service more extensively in China than its competitors like Baidu Translate and Tencent Machine Translation  —  New Citizen Lab study comes as U.S. lawmakers scrutinize Microsoft's willingness to comply with demands from Beijing.

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Cheyenne Ligon / CoinDesk:

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Kate Knibbs / Wired:
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Alex Sherman / CNBC:
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Jessica Lyons / The Register:
Chris Welch / The Verge: