Techmeme
September 27, 2024, 9:35 AM

Top News

Hayden Field / CNBC:
Source: at an all-hands meeting, Sam Altman said there were no plans for him to get a “giant equity stake” in OpenAI, calling the information “just not true”  —  At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied that there are plans for him to receive a …
Elizabeth Lopatto / The Verge:
X is blocking links to Ken Klippenstein's newsletter with a hacked JD Vance dossier and suspended Klippenstein's X account for posting Vance's private info  —  X is preventing users from posting links to a newsletter containing a hacked document that's alleged to be the Trump campaign's research …
Mariella Moon / Engadget:
The Irish Data Protection Commission wraps up an inquiry launched in 2019 and fines Meta €91M for violating GDPR rules by storing passwords in plain text  —  The Irish Data Protection Commission found that the company violated several GDPR rules.  —  The Irish Data Protection Commission …
Ian King / Bloomberg:
Reuters:
Indian food delivery company Swiggy files for an IPO in India; source: Swiggy plans to raise $1.25B at a $15B valuation  —  SoftBank-backed Swiggy filed papers on Thursday for an initial public offering, which a source said would be worth $1.25 billion, as the food delivery firm looks to tap …
Ben Schoon / 9to5Google:
Samsung unveils the $649+ Galaxy S24 FE, a “Fan Edition” value-focused version of the S24 with a 6.7" display, Exynos 2400e, and 8GB of RAM, in five colors  —  Samsung has just unveiled the Galaxy S24 FE, its latest “Fan Edition” smartphone, but with a questionable value proposition for those “fans.”
Billy Steele / Engadget:
Marina Temkin / TechCrunch:
A look at some standout startups from Day 2 of YC's S24 Demo Day, including energy-efficient AI chips maker Exa Laboratories and freight carpooling startup Oway  —  Silicon Valley accelerator Y Combinator held the second Demo Day for its Summer 2024 cohort on Thursday, and just like we saw on Day 1 …
Madhumita Murgia / Financial Times:
Stripe data: AI startups took a median 11 months to hit $1M in annualized revenue after their first sales, vs. 15 months for previous gen of SaaS companies  —  New data from payments group Stripe suggest artificial intelligence groups are making revenues at an unprecedented rate
More: DataconomyX: @alexvoica, @madhumita29, and @freddiewilliamsLinkedIn: David Kirk

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Earlier Picks

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