Techmeme
December 20, 2024, 5:50 PM

Top News

Maxwell Zeff / TechCrunch:
OpenAI unveils o3 and o3-mini, trained to “think” before responding via what OpenAI calls a “private chain of thought”, and plans to launch them in early 2025  —  OpenAI announced its new o3 models on Friday.  —  In a tweet ahead of its final livestream for its …
ARC Prize:
o3, trained on the ARC-AGI-1 Public Training set, scored 87.5% on ARC Prize's Semi-Private Evaluation in a high-compute configuration; GPT-4o scored 5% in 2024  —  OpenAI's new o3 system - trained on the ARC-AGI-1 Public Training set - has scored a breakthrough 75.7% on the Semi-Private Evaluation set …
Bloomberg:
Hugh Son / CNBC:
The US CFPB sues Zelle operator EWS, JPMorgan Chase, Bank of America, and Wells Fargo, alleging that customers lost $870M+ to fraud since Zelle's launch in 2017  —  The Consumer Financial Protection Bureau on Friday sued the operator of the Zelle payments network and the three U.S. banks …
Bloomberg:
A federal jury in Delaware finds that Qualcomm didn't violate the terms of an agreement covering Arm's chip designs that was part of the $1.4B buyout of Nuvia  —  - US jury finds Qualcomm didn't violate terms of agreement  — Delaware jurors were unable to agree on Nuvia's alleged breach
Liz Pelly / Harper's:
How Spotify used its Perfect Fit Content program to rig its system against musicians, filling popular playlists with “ghost artists” to cut its royalty payouts  —  I first heard about ghost artists in the summer of 2017.  At the time, I was new to the music-streaming beat.
Jamie Tarabay / Bloomberg:
The US charges dual Russian and Israeli national Rostislav Panev for allegedly working with the LockBit ransomware group and seeks his extradition from Israel  —  - Extortion group targeted Boeing, Royal Mail and thousands more  — Israeli-Russian national allegedly hired via Telegram chat app
Sergiu Gatlan / BleepingComputer:
US DOJ says a Romanian involved in Netwalker ransomware attacks has been sentenced to 20 years in prison after pleading guilty to computer fraud and wire fraud  —  Daniel Christian Hulea, a Romanian man charged for his involvement in NetWalker ransomware attacks, was sentenced to 20 years …
Sergiu Gatlan / BleepingComputer:
US hospital operator Ascension notifies nearly 5.6M patients and employees that their personal and health data was stolen in a May 2024 Black Basta cyberattack  —  Ascension, one of the largest private U.S. healthcare systems, is notifying over 5.6 million patients and employees that their personal …
Robert Booth / The Guardian:
The UK ICO criticizes Google as “irresponsible” after the company announced plans to let advertisers employ fingerprinting techniques from February 16, 2025  —  ICO says allowing advertisers to track digital ‘fingerprints’ will undermine consumers' control over information
Fortune:
Sam Altman says Elon Musk is “clearly a bully” who is suing OpenAI because the startup is doing really well and calls the lawsuits “a little bit of a sideshow”  —  - Sam Altman called Elon Musk a “bully” for his continued criticism of and several lawsuits against OpenAI, the organization they cofounded in 2015.
Bloomberg:
Sony's shares surged 50%+ from an August 2024 low to hit an all-time high last week, as investors are bullish on 2025 gaming growth; its prior ATH was in 2000  —  - Next year ‘one of the greatest’ for video games: Smithers  — M&A and good management boost stock's appeal: Janus Henderson
Kiyoshi Takenaka / Reuters:

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More News

Lorenzo Franceschi-Bicchierai / TechCrunch:

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