Bloomberg : Google says it plans to counter Japan's FTC over claims that it hobbles rivals in search; a source says Japan's FTC s...
Hacking group ShinyHunters offers to sell alleged data of Santander staff and 30M customers; Santander warned on May 14 that a database had been compromised — ShinyHunters group is advertising data it says includes account details of 30mn customers — Hackers are offering to sell …
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Filing: Ticketmaster confirms “unauthorized activity within a third-party cloud database”, after a hacking group advertised alleged data of 560M users for sale — Live Nation, the parent company of Ticketmaster, confirmed it found “unauthorized activity” within a cloud database …
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Global foldable phone shipments were up 49% YoY in Q1, marking its highest rate of increase in six quarters; Huawei led with a 35% share, overtaking Samsung — - Global foldable smartphone shipments were up 49% YoY in Q1 2024, driven by Huawei, HONOR and Motorola.
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Startup Fable Studio announces Showrunner, a streaming service that lets users watch AI-generated series and create their own series by writing prompts — Fable, the studio behind the viral AI-generated ‘South Park’ clips, has announced a streaming platform that allows users to create their own content.
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Meta is notifying Instagram and Facebook EU users that it's using their data to train its AI models, and users can opt out, “if your objection is honoured” — If you use Instagram or Facebook, Meta is using your data to train its AI models. The company uses posts as training material for its generative AI systems.
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FCC ends the Affordable Connectivity Program, which helped low-income Americans afford internet service, after the House failed to approve additional funding — The Affordable Connectivity Program, which helped low-income Americans get online, is no more. — On Friday, the US government announced …
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Japanese crypto exchange DMM Bitcoin says it has lost 4,502.9 bitcoin, worth about $308M, in an “unauthorised leak”, and is investigating the incident — TOKYO, May 31 (Reuters) - Japan's cryptocurrency exchange DMM Bitcoin said on Friday that it had lost 4,502.9 bitcoin …
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Google plans to disable extensions built with the older Manifest V2 framework on June 3, beginning with users of Chrome's Beta, Dev, and Canary versions — The move begins with Chrome beta users on June 3, before a gradual phaseout of ‘Manifest V2’ extensions for all users in the coming months, which could impact uBlock Origin.
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Rest of World retracts an article on WhatsApp misinformation “tip lines” in India after several fact-checking orgs detail how it was “riddled with inaccuracies” — Last week, the technology site Rest of World published a story on the apparent failings of WhatsApp misinformation “tip lines” in India.
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Sources: Vista Equity has written off the entire value of its investment in tech learning platform Pluralsight, three years after taking it private for $3.5B — - One source says that the Utah-based company's financials have improved, with a around 26% EBITDA growth in 2023 …
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ElevenLabs launches Sound Effects, a tool that lets users generate sound effects via prompts and uses an in-house model fine-tuned on Shutterstock's audio data — After launching tools for text-to-speech and speech-to-speech synthesis, AI voice startup ElevenLabs is moving to the next target.
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US Treasury Department will make IRS' Direct File program permanent starting with the 2025 tax season and invites all states and Washington DC to participate — - Treasury announced earlier this month that more than 140,000 people participated in the Direct File pilot program …
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Tether acquires a $100M stake in US-listed bitcoin miner Bitdeer with an option to purchase an additional $50 million in shares within a year — - Bitcoin miner is owned by the Chinese billionaire Jihan Wu — Bitdeer was previously in talks with private credit firms
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Sources: Saudi Arabia's Prosperity7 participated in a ~$400M round in Zhipu AI at a $3B valuation, making it the only foreign investor in Chinese generative AI — Aramco's Prosperity7 takes part in investment round for start-up Zhipu AI — A Saudi Arabian fund has backed China's …
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How Meta revamped Facebook's feed to show more posts from outside a person's network of friends and family, in a move to fight TikTok and win back younger users — - Feed now features a broader array of posts based on interest — More young adults are back on Facebook after years of declines
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European Commission designates Temu as a “very large online platform” and says the company will have to comply with DSA rules by the end of September 2024 — Temu, the super low-cost e-commerce marketplace owned by Chinese online retailer Pinduoduo, is to face …
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Stripe says it will temporarily move to an invite-only model for new account sign-ups in India, as it navigates the country's evolving regulatory landscape — Stripe, the global fintech giant, said on Friday that it will temporarily move to an invite-only model for new account sign-ups in India …
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Spain's data protection regulator AEPD bans Meta from launching election features on Facebook and Instagram in the country, citing GDPR concerns — Meta has been banned from launching features on Facebook and Instagram that would have collected data on voters in Spain using the social networks ahead of next month's European Elections.
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Sony says PS5 generated $106B in revenue in less than four years vs. PS4's $107B over seven years, PS5 in-game purchases spending up 176% over PS4, and more — Sony has published its annual business briefing. Here are the key takeaways about the performance of the PlayStation business and updates to the company's gaming strategy.
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Sources: TikTok pauses plans to launch its e-commerce business in major European markets to focus on growth in the US where it's fighting a divest-or-ban law — - ByteDance halts plan to roll out shopping from Spain to Italy — Company aims to entrench itself in its most lucrative market
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STMicro announces plans to spend €5B on a chips manufacturing plant in Catania, Italy with the government providing €2B in subsidies under European Chips Act — STMicroelectronics NV said it plans to spend €5 billion ($5.4 billion) on a manufacturing plant for chips and packaging in Catania …
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Sources: Tesla prepares to register its FSD with Chinese authorities as it plans a rollout in 2024 and selling the software as a monthly subscription in China — Tesla (TSLA.O) is preparing to register its ‘Full Self-Driving’ software with authorities in China in the run up to its planned rollout …
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Researchers claim just 2,107 US voters, mostly older, white Republican women, accounted for spreading 80% of the fake news on Twitter during the 2020 election — A pair of studies published Thursday in the journal Science offers evidence not only that misinformation on social media changes minds …
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Government data: South Korea's chip inventories fell 33.7% YoY in April, largest drop since 2014, underscoring the pace at which demand is outstripping supply — - Demand for memory chips increases in line with AI development — Samsung, SK Hynix vie to become main supplier to Nvidia
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A look at the different approaches to AI integration and modularization taken by Google, AWS, Microsoft, Nvidia, Meta, and Databricks, and the implications — Satya Nadella, in last week's Stratechery Interview, said in response to a question about Google and AI:
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