Techmeme
July 25, 2024, 11:30 AM

Top News

Samantha Cole / 404 Media:
Source and doc: Runway scraped thousands of videos from YouTube creators and brands, including Disney and VICE News, to train its Gen-3 AI video generation tool  —  A leaked internal document shows Runway's celebrated Gen-3 AI video generator collected thousands of YouTube videos and pirated movies for training data.
Zac Bowden / Windows Central:
Microsoft unveils Bing generative search, which shows LLM-generated answers with the sources used to create them, currently available to a small subset of users  —  Bing will soon prioritize AI-generated answers alongside traditional search results.  —  When you purchase through links on our site, we may earn an affiliate commission.
Foo Yun Chee / Reuters:
Sources: Meta is set to be hit with its first EU antitrust fine, which could be as much as 10% of its 2023 global revenue, for tying Marketplace and Facebook  —  Meta Platforms (META.O) is set to be hit in a few weeks with its first EU antitrust fine for tying classified advertisements service Marketplace …
More: BloombergX: @stokel
Emanuel Maiberg / 404 Media:
Reddit appears to be blocking search engines that don't rely on Google's indexing; Bing, DuckDuckGo, Mojeek, and others are not showing recent Reddit results  —  DuckDuckGo, Bing, Mojeek, and other search engines are not returning full Reddit results any more.
Barry Schwartz / Search Engine Land:
Nick Robins-Early / The Guardian:
Insurer Parametrix estimates that the global outage sparked by CrowdStrike's faulty update will cost US Fortune 500 companies, excluding Microsoft, $5.4B  —  Banking and healthcare firms, major airlines expected to suffer most losses, according to insurer Parametrix
Financial Times:
Akila Quinio / Financial Times:
Revolut secures a UK banking license, ending a more-than-three-year-long regulatory battle; the London-based fintech has ~9M UK customers and 45M+ globally  —  London-based fintech receives approval from regulators in boost to expansion plans  —  Revolut has secured a UK banking licence …
Olivia Carville / Bloomberg:
Meta removes ~63K Instagram accounts used by sextortion scammers in Nigeria, along with ~7,200 Facebook accounts, Pages, and Groups linked to the Yahoo Boys  —  - Purge includes thousands of Groups offering sextortion ‘tips’  — One network of 20 criminals was running 2,500 fake accounts
Josh Eidelson / Bloomberg:
Around 500 World of Warcraft workers vote to unionize with the CWA, bringing the number of unionized US gaming employees at Microsoft to around 1,750  —  World of Warcraft workers have voted to unionize the popular video-game franchise, expanding organized labor's new foothold at Microsoft Corp. by around 500 employees.
Paul Alcorn / Tom's Hardware:
AMD delays its Zen 5 Ryzen 9000 launch, originally set for July, to August due to an unspecified quality issue, and pulls back all shipped units to replace them  —  AMD hits the brakes on its Zen 5-powered Ryzen 9000 processors.  —  AMD announced today that it has delayed its Zen 5 Ryzen 9000 launch due …
Ivan Mehta / TechCrunch:
After investigating how Meta handles explicit AI-generated images, the Oversight Board asks Meta to shift “derogatory” terminology to “non-consensual”, and more  —  Following investigations into how Meta handles AI-generated explicit images, the company's semi-independent observer body …
Dana Hull / Bloomberg:
Elon Musk's X poll asking whether Tesla should invest $5B in xAI ends with 67.9% voting yes, after Musk said on Tesla's earnings call that he supported the idea  —  - CEO takes poll on whether EV maker should back his startup  — The two companies have intermingled on procurement, recruiting
Romain Dillet / TechCrunch:
Privacy-focused developer Proton debuts a self-custody bitcoin wallet, its first cryptocurrency product, initially for early access Proton Visionary subscribers  —  When you think about it, Proton has always been a crypto company — cryptography, not cryptocurrency.
Todd Spangler / Variety:
The new Disney+, Hulu, and Max streaming bundle goes on sale in the US for $16.99 per month with ads and $29.99 per month without ads  —  Dragons, Jedis, Marvel and DC superheroes, Harry Potter, Disney princesses — and more from Disney and Warner Bros. Discovery — are now available to stream for a reduced monthly price.
Justine Calma / The Verge:
A NASA-funded study of satellite data finds traffic-related N02 pollution spiked ~20% near ~150K large US warehouses, which have proliferated due to e-commerce  —  The data is in, and it shows a significant rise in air pollution where e-retailers build their warehouses …
Kyle Wiggers / TechCrunch:
Crunchbase: in H1 2024, generative AI startups raised $500M across 198 angel/seed deals, $8.7B across 39 early-stage deals, and $3.1B across 18 late-stage deals  —  Investments in generative AI startups — those that are creating AI-powered products to generate text, audio, video and more — aren't slowing down.
Chance Miller / 9to5Mac:
Apple launches Apple Maps on the web in beta, available in English and compatible with Safari and Chrome on Mac and iPad, and Chrome and Edge on Windows PCs  —  Apple is bringing Apple Maps to the web for the first time.  In a press release today, the company announced that you can now access Apple Maps …

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