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Google says it plans to counter Japan's FTC over claims that it hobbles rivals in search; a source says Japan's FTC sent a cease-and-desist order to Google (Bloomberg)

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...

30 September 2024

MIT spinoff Liquid AI debuts its non-transformer AI models LFM 1B, 3B, and 40B MoE, and claims they achieve "state-of-the-art performance at every scale" (Carl Franzen/VentureBeat)

Carl Franzen / VentureBeat:
MIT spinoff Liquid AI debuts its non-transformer AI models LFM 1B, 3B, and 40B MoE, and claims they achieve “state-of-the-art performance at every scale”  —  Liquid AI, a startup co-founded by former researchers from the Massachusetts Institute of Technology (MIT) …

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Filing: UAE-based G42 accounted for 87% of Cerebras' H1 2024 revenue and has committed to buy $335M worth of its stock by April 2025, giving G42 a 5%+ stake (New York Times)

New York Times:
Filing: UAE-based G42 accounted for 87% of Cerebras' H1 2024 revenue and has committed to buy $335M worth of its stock by April 2025, giving G42 a 5%+ stake  —  Cerebras makes a chip that is 56 times the size of a chip commonly used for artificial intelligence, with the potential to crunch data …

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Notes on Google NotebookLM's Audio Overview feature, which generates a podcast with two AI hosts discussing user-provided content and is surprisingly effective (Simon Willison/Simon Willison's Weblog)

Simon Willison / Simon Willison's Weblog:
Notes on Google NotebookLM's Audio Overview feature, which generates a podcast with two AI hosts discussing user-provided content and is surprisingly effective  —  Audio Overview is a fun new feature of Google's NotebookLM which is getting a lot of attention right now.

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A US judge dismisses a DOJ lawsuit accusing eBay of violating environmental laws by allowing the sale of harmful products, citing Section 230 protections (Jonathan Stempel/Reuters)

Jonathan Stempel / Reuters:
A US judge dismisses a DOJ lawsuit accusing eBay of violating environmental laws by allowing the sale of harmful products, citing Section 230 protections  —  A federal judge dismissed a U.S. Department of Justice lawsuit accusing eBay (EBAY.O) of violating environmental laws by allowing …

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AI chip startup Cerebras Systems files for an IPO, with plans to trade on the Nasdaq as CBRS, and reports a net loss of $66.6M on $136.4M in sales in H1 2024 (CNBC)

CNBC:
AI chip startup Cerebras Systems files for an IPO, with plans to trade on the Nasdaq as CBRS, and reports a net loss of $66.6M on $136.4M in sales in H1 2024  —  Artificial intelligence chip startup Cerebras Systems on Monday filed its prospectus for an initial public offering …

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Udemy uses opt-out windows, the first of which lasted three weeks and just ended, that its creators must use to prevent their videos from being used to train AI (Jason Koebler/404 Media)

Jason Koebler / 404 Media:
Udemy uses opt-out windows, the first of which lasted three weeks and just ended, that its creators must use to prevent their videos from being used to train AI  —  Teachers are surprised they have been opted into having their classes scraped for AI training.

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YouTube reaches a deal with SESAC that will bring back songs by Adele, Bob Dylan, Nirvana, and others that were removed over the weekend in the US (Umar Shakir/The Verge)

Umar Shakir / The Verge:
YouTube reaches a deal with SESAC that will bring back songs by Adele, Bob Dylan, Nirvana, and others that were removed over the weekend in the US  —  YouTube has reached a deal with the music licensing organization SESAC that will bring back songs that were removed over the weekend.

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CA Gov. Newsom signed AB 2013 into law, requiring those behind publicly available generative AI models to post a summary of the datasets used to train them (Jeffrey D. Neuburger/National Law Review)

Jeffrey D. Neuburger / National Law Review:
CA Gov. Newsom signed AB 2013 into law, requiring those behind publicly available generative AI models to post a summary of the datasets used to train them  —  by: Jeffrey D. Neuburger of Proskauer Rose LLP - New Media and Technology Law Blog  —  RELATED PRACTICES & JURISDICTIONS

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The FCC announces a $31.5M settlement with T-Mobile over four data breaches, in 2021, 2022, and 2023, that compromised personal info of millions of US customers (Sergiu Gatlan/BleepingComputer)

Sergiu Gatlan / BleepingComputer:
The FCC announces a $31.5M settlement with T-Mobile over four data breaches, in 2021, 2022, and 2023, that compromised personal info of millions of US customers  —  The Federal Communications Commission (FCC) announced a $31.5 million settlement with T-Mobile over multiple data breaches …

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Series Entertainment, a game studio startup building a generative AI-powered service for making games, raised a $28M Series A from Netflix, Dell, a16z, others (Julie Bort/TechCrunch)

Julie Bort / TechCrunch:
Series Entertainment, a game studio startup building a generative AI-powered service for making games, raised a $28M Series A from Netflix, Dell, a16z, others  —  It's been quite the year for gaming industry exec Pany Haritatos.  —  Last month, he quietly closed an oversubscribed $28 million Series …

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Oura says it will see annual sales double to roughly $500M this year; sources: it plans to debut a new, thinner fitness ring with better battery life in October (Bloomberg)

Bloomberg:
Oura says it will see annual sales double to roughly $500M this year; sources: it plans to debut a new, thinner fitness ring with better battery life in October  —  - CEO expects ‘healthy’ growth, but has no imminent IPO plans  — New model will have improved battery life and thinner design

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Thoughts on OpenAI's recent fundraise reports and how Apple reportedly backing out, while still using ChatGPT for Apple Intelligence, may lead to awkward deals (M.G. Siegler/Spyglass)

M.G. Siegler / Spyglass:
Thoughts on OpenAI's recent fundraise reports and how Apple reportedly backing out, while still using ChatGPT for Apple Intelligence, may lead to awkward deals  —  Thinking through their numbers and those deal terms...  While they published this on Friday - before the subsequent WSJ report …

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California enacts an internet-connected car data privacy law to curb domestic violence, requiring carmakers to make it easier to submit restraining orders, more (Reuters)

Reuters:
California enacts an internet-connected car data privacy law to curb domestic violence, requiring carmakers to make it easier to submit restraining orders, more  —  California Governor Gavin Newsom has signed a bill that requires automakers selling internet-connected cars …

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US NHTSA: Cruise must pay a $1.5M fine, submit a corrective action plan, and face enhanced oversight after a 2023 crash with a pedestrian was not fully reported (David Shepardson/Reuters)

David Shepardson / Reuters:
US NHTSA: Cruise must pay a $1.5M fine, submit a corrective action plan, and face enhanced oversight after a 2023 crash with a pedestrian was not fully reported  —  The National Highway Traffic Safety Administration said on Monday that General Motors' (GM.N) self-driving car unit Cruise …

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Reddit moderators must now submit a request to Reddit staff before changing a subreddit's public/private status, making sitewide mod-led protests much harder (Jay Peters/The Verge)

Jay Peters / The Verge:
Reddit moderators must now submit a request to Reddit staff before changing a subreddit's public/private status, making sitewide mod-led protests much harder  —  Reddit is giving its staff a lot more power over the communities on its platform.  Starting today, Reddit moderators will not be able …

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A massive outage has affected Verizon customers since around 10AM ET, according to reports on Downdetector from subscribers across the US (Chance Miller/9to5Mac)

Chance Miller / 9to5Mac:
A massive outage has affected Verizon customers since around 10AM ET, according to reports on Downdetector from subscribers across the US  —  Verizon is experiencing a nationwide outage, according to subscribers across the United States.  Staffers here at 9to5Mac are also affected by the outage …

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Source: SoftBank's Vision Fund has agreed to invest $500M in OpenAI's latest funding round, SoftBank's first investment in OpenAI, which is raising $6.5B (The Information)

The Information:
Source: SoftBank's Vision Fund has agreed to invest $500M in OpenAI's latest funding round, SoftBank's first investment in OpenAI, which is raising $6.5B  —  SoftBank's Vision Fund has agreed to invest $500 million in OpenAI's latest funding round, which values the developer of ChatGPT …

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The UK FCA says a man pleaded guilty to illegally operating a crypto ATM network, which processed £2.6M across various locations, as it cracks down on such ATMs (Camomile Shumba/CoinDesk)

Camomile Shumba / CoinDesk:
The UK FCA says a man pleaded guilty to illegally operating a crypto ATM network, which processed £2.6M across various locations, as it cracks down on such ATMs  —  This marks the first U.K. conviction for running a crypto ATM operation.  — Olumide Osunkoya pleaded guilty to illegally operating a crypto ATM network.

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AMD releases BIOS updates to boost the performance of its Ryzen 9600X and 9700X processors, around a month after disappointing Zen 5 desktop CPU reviews (Tom Warren/The Verge)

Tom Warren / The Verge:
AMD releases BIOS updates to boost the performance of its Ryzen 9600X and 9700X processors, around a month after disappointing Zen 5 desktop CPU reviews  —  AMD is releasing new BIOS updates that will boost performance for its Ryzen 9600X / 9700X processors and address some latency issues.

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Qodo, which offers code generation and testing tools to the enterprise, raised a $40M Series A led by Susa Ventures and Square Peg (Frederic Lardinois/TechCrunch)

Frederic Lardinois / TechCrunch:
Qodo, which offers code generation and testing tools to the enterprise, raised a $40M Series A led by Susa Ventures and Square Peg  —  At first glance, Qodo, the startup previously known as CodiumAI, may appear to be yet another AI code generation tool.  But the team, which is announcing …

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Binance founder Changpeng Zhao pledges to keep investing in blockchain, AI, and biotech, in his first comments since his release from US custody on September 27 (Suvashree Ghosh/Bloomberg)

Suvashree Ghosh / Bloomberg:
Binance founder Changpeng Zhao pledges to keep investing in blockchain, AI, and biotech, in his first comments since his release from US custody on September 27  —  - Zhao was released Friday after serving a four-month sentence  — Binance founder in X post lays out plans including investment

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An FBI affidavit and European media leaks show how Russia's Doppelganger disinformation project operated and give insights into the Kremlin's online tactics (Thomas Rid/Foreign Affairs)

Thomas Rid / Foreign Affairs:
An FBI affidavit and European media leaks show how Russia's Doppelganger disinformation project operated and give insights into the Kremlin's online tactics  —  The Country's Propagandists Target the West—but Mislead the Kremlin, Too  —  In early September, the infamous Russian disinformation project known …

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Epic files a CA lawsuit accusing Samsung and Google of colluding to deter users from rival app stores via Samsung's Auto Blocker, and plans to speak to the EU (Reuters)

Reuters:
Epic files a CA lawsuit accusing Samsung and Google of colluding to deter users from rival app stores via Samsung's Auto Blocker, and plans to speak to the EU  —  “Fortnite” video game maker Epic Games on Monday accused Alphabet's Google (GOOGL.O) and Samsung (005930.KS) …

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AT&T agrees to sell its majority stake in DirecTV to private equity firm TPG for $7.6B in cash, including $1.7B in pre-tax quarterly distributions in H2 2024 (Amy Thomson/Bloomberg)

Amy Thomson / Bloomberg:
AT&T agrees to sell its majority stake in DirecTV to private equity firm TPG for $7.6B in cash, including $1.7B in pre-tax quarterly distributions in H2 2024  —  - DirecTV is holding advanced talks to merge with rival Dish  — AT&T and TPG are owners of DirecTV, which was founded in 1994

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A look at the Global Internet Forum to Counter Terrorism, created by Meta, Microsoft, YouTube, and X in 2016 to share info; X quietly left the board this month (Paresh Dave/Wired)

Paresh Dave / Wired:
A look at the Global Internet Forum to Counter Terrorism, created by Meta, Microsoft, YouTube, and X in 2016 to share info; X quietly left the board this month  —  X has left the board of GIFCT, an organization through which tech companies exchange information to keep violent content off the web.

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