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October 3, 2024, 11:05 AM
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Top News

Joseph Cox / 404 Media:
Two Harvard students demo using Ray-Ban Meta Smart Glasses, PimEyes, and other tools to instantly identify strangers' names, phone numbers, addresses, and more  —  The technology, which marries Meta's smart Ray Ban glasses with the facial recognition service Pimeyes and some other tools …
Ina Fried / Axios:
OpenAI raised $6.6B led by Thrive Capital, the largest VC deal of all time, valuing it at $157B, with participation from Microsoft, Nvidia, SoftBank, and others  —  - Not taking part, a source confirms, is Apple, which reportedly had been in talks to invest.
Financial Times:
Sources: OpenAI has asked investors to avoid backing rival startups such as Anthropic and xAI, an exclusive funding arrangement to keep its generative AI lead
Cade Metz / New York Times:
Source: Thrive invested ~$1.3B in OpenAI's $6.6B round, with an exclusive option to invest up to $1B more at the same $157B valuation through 2025
Bill Toulas / BleepingComputer:
Researchers: hackers are actively exploiting an RCE vulnerability in Zimbra email servers, disclosed on September 27, triggered by emailing the SMTP server  —  Hackers are actively exploiting a recently disclosed RCE vulnerability in Zimbra email servers that can be triggered simply …
Ivan Mehta / TechCrunch:
WP Engine files a lawsuit in California against Automattic and WordPress co-founder Matt Mullenweg, accusing them of “abuse of power, extortion, and greed”  —  Web hosting provider WP Engine has filed a lawsuit against Automattic, and WordPress co-founder Matt Mullenweg, accusing them of extortion and abuse of power.
Nicola M. White / Bloomberg:
Gurbir Grewal, the US SEC's top enforcement official since 2021, who oversaw 2,400+ enforcement actions and the crypto crackdown, plans to leave on October 11  —  - Grewal helped lead WhatsApp probes, crypto industry crackdown  — SEC official was previously New Jersey's attorney general
Kyle Wiggers / TechCrunch:
Black Forest Labs, whose Flux.1 model powers Grok's image generator, launches an API in beta and its latest image generation model Flux1.1 Pro  —  Black Forest Labs, the Andreessen Horowitz-backed startup behind the image generation model in xAI's Grok assistant, has launched an API in beta — and released a new model.
More: Black Forest Labs and VentureBeat.  Forums: Hacker News
Thomas Claburn / The Register:
Co-founders Tim Berners-Lee and Rosemary Leith plan to close the World Wide Web Foundation after 15 years of fighting to make the web safer and more accessible  —  Who wants to join his so Solid crew?  —  After fifteen years of fighting to make the web safer and more accessible, the World Wide Web Foundation is shutting down.
Victoria Song / The Verge:
Oura unveils the $349+ Oura Ring 4, featuring a slimmer design, improved accuracy, and more sizes, shipping October 15, and completely redesigns the Oura app  —  Oura is giving its popular smart ring and app a substantial makeover.  The company just announced the $349 Oura Ring 4 …
Ivan Mehta / TechCrunch:
Spotify launches Offline Backup, which automatically makes recently streamed and now playing queued songs available as an offline playlist for Premium users  —  Spotify introduced a new feature today called Offline Backup.  This feature for premium users is essentially a list of songs …
Paige Smith / Bloomberg:
PayPal completes its first business payment using its proprietary PYUSD stablecoin, paying an E&Y invoice on September 23 via SAP's digital currency hub  —  SAP's platform, known as the digital currency hub, allows enterprises to send and receive digital payments instantly, around the clock.
More: Finextra.  Forums: Slashdot
Nikhilesh De / CoinDesk:
The US SEC files a notice of appeal in its Ripple case, seeking to reverse a July 2023 ruling that XRP sales on retail exchanges didn't violate securities rules  —  A federal judge ruled last year that the SEC had not made its case that Ripple violated securities law by selling XRP to retail customers through exchanges.
Allison Johnson / The Verge:
Google expands conversational AI voice chat Gemini Live's language support to French, German, Portuguese, Hindi, and Spanish, after launching in English  —  Google initially rolled out Gemini Live, its conversational AI voice chat, in just one language: English.
Ryan McNeal / Android Authority:
Amazon announces a new lineup of Fire HD 8 tablets, with 50% more RAM than the previous models, and three new generative AI features for compatible Fire tablets  —  Amazon launches new Fire HD 8 tablets, rolls out three new AI features.  —  •  —  TL;DR  — Amazon is launching a new lineup of Fire HD 8 tablets.
Daniel Thomas / Financial Times:
Amazon plans to increase the number of ads on Prime Video in 2025 after not seeing a sharp drop in subscribers since adding advertisements in January 2024  —  Ecommerce group attempting to win over more brands as it steps up push into ad-funded streaming services in 2025

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From Mediagazer

Isha Banerjee / Columbia Daily Spectator:
Barnard suspends Columbia Spectator and WKCR student reporters who covered a pro-Palestinian protest on campus, alleging they were involved in the protests

Caitlin Huston / The Hollywood Reporter:
AMC Networks reports Q1 revenue down 7% YoY to $555.2M, operating income down 41.7% to $64M, streaming revenue up 8% to $157M, and 10.2M streaming subscribers

Alex Sherman / CNBC:
Sources: ESPN will call its forthcoming flagship streaming app ESPN; the cheaper option will still be ESPN+, which doesn't include the most-watched live games

More News

Earlier Picks

Jordan Novet / CNBC:
Analysis: Microsoft's finance leases, mainly for data centers and set to start between FY 2025 and FY 2030, have risen by nearly $100B in two years to $108.4B
Maxwell Zeff / TechCrunch:
A US judge temporarily blocks California's AG from enforcing AB 2839, which Governor Gavin Newsom signed into law on September 17 to remove election deepfakes
David Shepardson / Reuters:
President Biden signs legislation that will exempt some US chip manufacturing facilities receiving government subsidies from federal environmental reviews
Dylan Martin / CRN:
Accenture says it will train 30K employees on Nvidia's AI tech and start a new Nvidia Business Group focused on driving enterprise adoption of AI agents
Bloomberg:
Poolside, which is building AI-assisted software development tools, raised a $500M Series B led by Bain Capital Ventures, reportedly at a $3B valuation
Abner Li / 9to5Google:
Google updates Gmail for Android and iOS with new summary cards that are more glanceable and actionable and a new “Happening soon” section above the inbox
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