Techmeme
July 3, 2024, 9:35 AM

Top News

Mark Gurman / Bloomberg:
Sources: Apple will get an observer role on OpenAI's board, with Phil Schiller chosen for the position, as part of their partnership announced last month  —  CDK Says ‘Substantially All’ Car Dealerships Restored After Hack  —  Northern Data May Be Testing Limits of AI Frenzy With Unit IPO
Natasha Lomas / TechCrunch:
Proton launches Docs in Proton Drive, a privacy-focused alternate to Google Docs, after acquiring secure note-taking app Standard Notes in April 2024  —  Proton, the Swiss-based pro-privacy productivity app maker, has a new feather in its cap after bringing document creation …
Emma Roth / The Verge:
Reddit users: Netflix is following through on its plan to phase out its cheapest $11.99/month ad-free tier, instead pushing its $6.99, $15.49, and $22.99 tiers  —  Netflix is following through on its plan to phase out its cheapest ad-free tier for existing subscribers.
Cynthia Brumfield / CSO:
SCOTUS' Chevron ruling could weaken federal cybersecurity regulations, as FCC data breach reporting requirements and other rules are likely to be challenged  —  The ruling could weaken almost all US federal cybersecurity regulations, including SEC incident reporting, FCC data breach reporting, and CISA cyber incident reporting rules.
Shaurya Malwa / CoinDesk:
Blockchain platform Polkadot faces criticism from users after spending $36M+ on marketing and outreach in H1 2024, nearly half of its total spend of $87M  —  The blockchain spent $87 million in the first six months this year, with marketing activities accounting for the majority of expenses.
Michael Nuñez / VentureBeat:
Meta shares its research on Meta 3D Gen, a system that creates high-quality 3D assets from text descriptions in less than a minute  —  Meta, the tech giant formerly known as Facebook, introduced Meta 3D Gen today, a new AI system that creates high-quality 3D assets from text descriptions in less than a minute.
Paula Arend Laier / Reuters:
Brazil's data regulator suspends the validity of Meta's new privacy policy for the use of personal data to train its generative AI systems in the country  —  Brazil's National Data Protection Authority (ANPD) has decided to suspend with immediate effect the validity of Meta's (META.O) …
Emanuel Maiberg / 404 Media:
Manish Singh / TechCrunch:
Koo, an Indian rival to X that had raised $60M+ from Tiger Global, Accel, and others, is shutting down after acquisition talks with Dailyhunt fell through  —  The Indian social media platform Koo, which positioned itself as a competitor to Elon Musk's X, is ceasing operations …
Chris Kornelis / Wall Street Journal:
Bruce Bastian, who co-created the popular word processing software WordPerfect and was an LGBTQ activist, died on June 16 at age 76  —  While his company was producing the world's dominant word-processing software, he came out as gay to his wife, sons and Mormon community

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Earlier Picks

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Financial Times:
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