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July 3, 2024, 9:35 AM
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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:
Figma disables its recently launched generative AI app design tool Make Design, after a user showed it copied Apple's Weather when asked to design a weather app
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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From Mediagazer

Benjamin Mullin / New York Times:
Memo: WaPo CEO Will Lewis tells staff they'll be expected to work from the office five days a week, instead of three, by June 2, and by February 3 for managers

Connor Hart / Wall Street Journal:
News Corp names Lavanya Chandrashekar as its next CFO, succeeding Susan Panuccio, starting January 1 with an annual $1.4M base salary

Kayla Cobb / The Wrap:
AMC Networks report Q3 revenue down 5.9% YoY to $599.6M, operating income down 22% YoY to $93.7M, 11.8M streaming subscribers, $316M in subscription revenue

More News

Amy Thomson / Bloomberg:
UK-listed Keywords Studios, which provides game development, audio, and art services to clients such as Epic, agrees to a ~£2.1B takeover bid from PE firm EQT
Wall Street Journal:
The owners of about a third of US nuclear power plants are in talks with tech companies to provide electricity to new data centers needed to meet AI demand
Reuters:
An investigation of US police and court documents finds 30 complaints citing 200+ explicit videos and images of minors on OnlyFans since December 2019

Earlier Picks

Lauren Feiner / The Verge:
A US judge temporarily blocked a new Mississippi law that would require age verification for all and parental consent for teens to join some social networks
Jaspreet Singh / Reuters:
Meta says it will lift its ban on the word “shaheed”, or “martyr” in English, after its Oversight Board's year-long review found the approach to be “overbroad”
Financial Times:
Google says its greenhouse gas emissions have surged 48% in the past five years due to the expansion of the data centers that underpin its AI efforts
Dan Goodin / Ars Technica:
For ~10 years, millions of macOS and iOS apps using CocoaPods were vulnerable to a serious flaw in the dependency manager, which was patched in October 2023
Lucian Constantin / CSO:
Qualys researchers say an OpenSSH flaw can let attackers remotely compromise servers and allow unauthenticated RCE as root; over 14M servers may be vulnerable
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