Techmeme
September 25, 2024, 8:05 AM

Top News

Brady Dale / Axios:
Caroline Ellison, a star witness in prosecuting FTX founder and ex-boyfriend Sam Bankman-Fried, is sentenced to two years in prison for her role in the scandal  —  - “I've seen a lot of cooperators in 30 years. … - She talked to the government prior to Bankman-Fried's arrest …
Tim Starks / CyberScoop:
CrowdStrike SVP Adam Meyers apologizes before Congress over the company's faulty update that caused a global IT outage, to largely sympathetic House lawmakers  —  House lawmakers struck a sympathetic tone toward the company at a hearing where they nevertheless said nothing like that could happen again.
Alex Weprin / The Hollywood Reporter:
Stability AI says filmmaker James Cameron has joined its board of directors; Stability AI CEO Prem Akkaraju was previously CEO of VFX company WETA Digital  —  The director says that “the intersection of generative AI and CGI image creation is the next wave” of film technology …
Jake Bleiberg / Bloomberg:
US federal court records show the DOJ has been investigating SAP, IT vendor Carahsoft, and others for potentially conspiring to overcharge government agencies  —  - DOJ investigating billions in purchases from SAP over a decade  — Other companies under scrutiny in civil False Claims Act probe
Katie Kilkenny / The Hollywood Reporter:
SAG-AFTRA calls a strike against League of Legends, formerly strike exempt, filing an NLRB complaint and saying Formosa Interactive also refuses “fair AI terms”  —  The union charges one of the multiplayer game's producers, Formosa Interactive, with attempting to work around …
Emma Roth / The Verge:
Google updates its Street View imagery in nearly 80 countries, brings Street View to new locations, and sharpens satellite imagery across Google Earth and Maps  —  Google is updating Street View imagery in nearly 80 countries, such as Australia, Brazil, Denmark, Japan, the Philippines, Rwanda, Serbia, South Africa, and more.
Gaby Del Valle / The Verge:
The US DOJ sues Visa, alleging it has an illegal monopoly over debit network markets and has tried to unlawfully crush competitors, including PayPal and Square  —  The financial service company reportedly tried to ‘smother’ competitors and feared Apple as an ‘existential threat.’
Maxwell Zeff / TechCrunch:
OpenAI adds five voices to Advanced Voice Mode, which is now rolling out to ChatGPT Plus and Teams users and, next week, to enterprise and education users  —  OpenAI announced it is rolling out Advanced Voice Mode (AVM) to an expanded set of ChatGPT's paying customers on Tuesday.
Ivan Mehta / TechCrunch:
Automattic sends a cease-and-desist letter to WP Engine, alleging unauthorized use of the WordPress trademark, after WP Engine sent its own letter on Monday  —  The brouhaha in the WordPress community looks likely to escalate into a legal battle around trademarks.
Carly Page / TechCrunch:
MoneyGram, the world's second largest money transfer company, blames an unspecified “cybersecurity issue” for an ongoing days-long outage affecting its users  —  U.S.-based money transfer giant MoneyGram has blamed an unspecified “cybersecurity issue” for an ongoing days-long outage affecting the company and its users.
Simon Sharwood / The Register:
Samsung, Hyundai, and Kia sign a partnership to integrate Samsung's SmartThings IoT platform with future car infotainment systems developed by Hyundai and Kia  —  Samsung and fellow South Korean giants Kia and Hyundai have struck up an IoT alliance that will see cars drive home appliances …
Suvashree Ghosh / Bloomberg:
Chainalysis: inflows to China's over-the-counter crypto brokers topped $20B in Q4 2023, Q1 2024, and Q2 2024 for $75.4B in total, despite Beijing's crypto ban  —  - Study signals a record streak of demand for China OTC traders  — Figures add to evidence of Beijing's crypto ban being flouted
More: Blockonomi
Sean Hollister / The Verge:
Sony announces seven new games that the $700 PS5 Pro, arriving November 7, will enhance via AI-powered “PSSR” upscaling, taking the total to 20 Enhanced games  —  Sony has just revealed seven additional games that'll get enhanced by its PS5 Pro, coming November 7th, on top of the games it previously revealed.
Ingrid Lunden / TechCrunch:
Manchester-based Vsim, which is building a robotics simulation service, raised a $21.5M seed from EQT Ventures and others, taking its total funding to $24M  —  One of Nvidia's fundamental breakthroughs has involved processors that power detailed, compute-intensive graphical simulations …

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Earlier Picks

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