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September 4, 2024, 6:20 PM
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Reuters:
Safe Superintelligence, co-founded by ex-OpenAI chief scientist Ilya Sutskever, raised $1B from a16z, Sequoia, DST, and others, sources say at a $5B valuation  —  Safe Superintelligence (SSI), newly co-founded by OpenAI's former chief scientist Ilya Sutskever, has raised $1 billion in cash …
Max A. Cherney / Reuters:
Sources: Intel's contract manufacturing business has suffered a setback after tests with chipmaker Broadcom using Intel's advanced 18A chipmaking process failed  —  Intel's (INTC.O) contract manufacturing business has suffered a setback after tests with chipmaker Broadcom (AVGO.O) failed …
Ben Thompson / Stratechery:
Intel should spin off its foundry business, and the US government should subsidize cutting-edge chipmaking in the US via purchase guarantees for US-made chips  —  The best way to both save Intel and have leading edge manufacturing in the U.S. is to split the company, and for the U.S. government …
Kate Knibbs / Wired:
The Internet Archive loses its appeal of a US district court ruling that favored publishers in a copyright dispute over the nonprofit's ebook lending program  —  The legal battle was spurred by book publishers objecting to the archive's digital lending library.
Bloomberg:
Nvidia says it has inquired with the US DOJ and hasn't been subpoenaed, following a report that it had received a subpoena from the DOJ over antitrust concerns  —  - Bloomberg reported on the antitrust investigation Tuesday  — Nvidia says it has been in contact with the Justice Department
Rhian Lubin / The Independent:
Elon Musk, in an eventually deleted X post, promoted a Tucker Carlson interview with a Hitler apologist who downplayed the Holocaust and said Nazis were humane  —  Self-proclaimed historian Darryl Cooper claimed Winston Churchill ‘was the villain of Second World War’ and that millions …
Wall Street Journal:
Sources: SpaceX has moved to evacuate employees from Brazil and warned others against traveling to the country, as Elon Musk battles Brazil's top court over X  —  The moves show how Musk's legal dispute about X is affecting SpaceX and its Starlink satellite-internet service
Aisha Malik / TechCrunch:
Google releases Android 15, making its source code available on the Android Open Source Project; supported Pixel devices will get the new OS in the coming weeks  —  Google announced on Tuesday it's releasing Android 15 and making its source code available ahead of the coming consumer launch …
David Ingram / NBC News:
Meta's Oversight Board rules that the phrase “from the river to the sea” is not necessarily hate speech when addressing the Israeli-Palestinian conflict  —  The independent board said the phrase has ‘multiple meanings’ and is important to political speech on Instagram and Facebook.
Sean Hollister / The Verge:
Qualcomm announces its first eight-core Snapdragon X Plus chips, which will ship in new Asus Zenbook S 15 and Dell Inspiron 14 laptops that start at $899 each  —  Today, the company's announcing its first 8-core Snapdragon X Plus chips, which will feature in a new Asus Zenbook S 15 and Dell Inspiron 14 that'll retail for $899 each.
Maxwell Zeff / TechCrunch:
Anthropic launches Claude Enterprise, offering a context window of 500,000 tokens, higher rate limits, and GitHub integration, but refuses to disclose the price  —  Anthropic is launching a new subscription plan for its AI chatbot, Claude, catered towards enterprise customers …
Paul Sawers / TechCrunch:
The UK CMA says Microsoft's acquihire of Inflection's team doesn't cause competition concerns, and won't pursue an investigation, but calls the deal a merger  —  Good news for Microsoft: The U.K.'s antitrust regulator says that the tech titan's high-profile acquihire of the team behind AI startup Inflection …
Tom Henderson / Insider Gaming:
Ubisoft's stock fell 10%+ to an almost 10-year low in the past two days, giving it a market cap of €1.99B, following the lukewarm reception to Star Wars Outlaws  —  Ubisoft stock prices have tanked by over 10% in the past two days following a lukewarm reception to Star Wars Outlaws.
Isaiah Poritz / Bloomberg Law:
A US court grants X a preliminary injunction against California's AB 587, which requires disclosure of moderation policies, reversing a lower court decision  —  Search by Topic  —  X Corp. convinced a federal appeals court that a California law requiring social media companies to disclose …
Forbes:
Bolt's Ryan Breslow thanked 13 investors in an email for supporting a $450M Series F, but some say they hadn't given support; BlackRock moves to block the round  —  The Bolt founder claimed a group of investors had signed off on the company's chaotic $450 million raise, but some said they hadn't.
Dan Goodin / Ars Technica:
Researchers detail a side-channel attack, which requires ~$11K worth of equipment and can be used to clone all YubiKeys running firmware prior to version 5.7  —  Sophisticated attack breaks security assurances of the most popular FIDO key.  —  The YubiKey 5, the most widely used hardware token …
Ivan Mehta / TechCrunch:
Spotify expands daylist, a free personalized playlist that evolves throughout the day depending on listening habits, globally and adds support for 14 languages  —  Spotify is launching daylist globally.  It's a personalized playlist that evolves throughout the day depending on your listening habits.
Anna J Kaiser / Bloomberg:
Sources: a16z shut its Miami office in May 2024 because staff weren't using it enough; VC funding to Miami-based startups has flagged since 2022's crypto rout  —  When Andreessen Horowitz opened an outpost in Miami Beach, the $43 billion venture capital giant bolstered the region's ambitions of becoming a tropical tech mecca.
Min Jeong Lee / BNN Bloomberg:
Tokyo-based Sakana AI, which unveiled several AI models for Japanese speakers, raised a $100M Series A led by NEA, Khosla, and Lux, with Nvidia participating  —  (Bloomberg) — Nvidia Corp. has joined a $100 million-plus funding round for Tokyo startup Sakana AI, one of the larger investments …
Tom Warren / The Verge:
In July 29 comments to the UK CMA, Microsoft says Apple's App Review Guidelines changes aren't enough for it to operate a native Xbox Cloud Gaming app for iOS  —  Earlier this year Apple started opening up its App Store to game streaming services like Xbox Cloud Gaming and GeForce Now …
TechCrunch:
X debuts a beta TV app “on several app stores”, like for Amazon Fire TV and Google TV, to court advertisers, creators, and partners to a “video-first platform”  —  Years ago, Twitter tried but eventually walked away from building TV apps after getting a lukewarm reception.
Mary Ann Azevedo / TechCrunch:
Paylocity, which provides HR and payroll software, agrees to acquire corporate spending software company Airbase for $325M; Airbase was valued at $600M in 2021  —  HR and payroll software company Paylocity has agreed to acquire corporate spend startup Airbase for $325 million, the companies announced Wednesday.

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From Mediagazer

New York Times:
Court docs detail a smear campaign against actor Blake Lively via media articles and social media posts after she accused director Justin Baldoni of misconduct

Max Tani / @maxwelltani:
Memo: WaPo's Matt Murray lays out plans for WP Ventures, the “third newsroom”; Krissah Thompson will be editor and Samantha Henig will be general manager

Jack Dunn / Variety:
Trump appoints Mark Burnett, the British TV executive who created and produced the reality show The Apprentice, as a special envoy to the UK

More News

Earlier Picks

Reuters:
Nvidia stock fell 9.5% on Tuesday, losing $279B in market value, the biggest single-day drop for a US company, as investors soften their optimism about AI
Tom Warren / The Verge:
Following poor sales, Sony stops selling Concord, a $40 FPS game that launched for PS5 and PC on August 23 after eight years of development, and offers refunds
Will Shanklin / Engadget:
Microsoft says Intel's Core Ultra 200V and AMD's Ryzen AI 300 chips will support Copilot+ AI features from November 2024, expanding from Qualcomm exclusivity
Yang Jie / Wall Street Journal:
A test of ~1,300 top games on Microsoft's ARM Copilot+ PCs finds only about half ran smoothly; Microsoft says some titles with demanding graphics may not run
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