Sources: FTX abruptly halted the sale of its $500M stake in AI startup Anthropic; FTX's bankers had reportedly been shopping its Anthropic stake in early June
Bankrupt cryptocurrency exchange FTX has abruptly halted the sale of one of its most sought-after assets: a stake in artificial intelligence startup Anthropic.
FTC v. Microsoft: an internal Microsoft presentation from June 2022 discussed building on Windows 365 “to enable full Windows ... streamed from the cloud”
Microsoft has been increasingly moving Windows to the cloud on the commercial side with Windows 365, but the software giant also wants to do the same for consumers.
Adalytics: ~80% of Google's video ad placements on third-party sites violated the company's promised standards between 2020 and 2023; Google disputes the claims
About 80% of Google's video-ad placements on third-party sites violated promised standards, new research shows; Google disputes claims
Sources: the US is considering new AI chip export restrictions to China as soon as July, which could even ban the sales of Nvidia's A800 chip without a license
Restrictions come amid concerns that China could use AI chips from Nvidia and others for weapon development and hacking
Apple says the UK should amend its Online Safety Bill, which would mandate scanning messages for CSAM, to protect encryption, joining WhatsApp and Signal
Apple has criticised powers in the Online Safety Bill that could be used to force encrypted messaging tools like iMessage …
How Shein's Guangzhou factory influencer tour, likely meant to foster goodwill and improve the company's image before a rumored IPO, backfired spectacularly
In recent days, Chinese fast fashion giant Shein took a handful of influencers on a tour of its Guangzhou factory.
A US judge denies Sam Bankman-Fried's motion to dismiss or sever most of the criminal charges he faces; Bankman-Fried faces 100+ years in prison if convicted
- The federal judge presiding over Sam Bankman-Fried's case denied a motion from his defense team to dismiss most of the charges filed against the FTX co-founder.
FTX sues former compliance officer Daniel Friedberg, alleging he was Sam Bankman-Fried's “fixer” who made “hush money” payments to two potential whistleblowers
The lawsuit claims the former compliance officer paid whistleblowers to stop them from exposing the “true fraudulent nature” of the exchange.
The EU Commission publishes its digital euro legislative plans, including privacy and financial stability safeguards; some backers question the CBDC's benefits
Officials want a digital payment system available to “everyone, everywhere, for free.” — BRUSSELS, Belgium …
Report: Google canceled its “Iris” AR glasses project earlier in 2023 to focus on creating AR software platforms to license to headset manufacturers
Google reportedly killed its glasses hardware project. — Business Insider's Hugh Langley cites “three people familiar with the matter” … Source: Insider .
Analysis: the Clop ransomware group has breached 122 organizations and stolen the data of ~15M people to date by exploiting a zero-day flaw in Progress' MOVEit
The dramatic fallout continues, with as many as 122 organizations now breached. — The dramatic fallout continues …
China is racing the US in AI, but demos show Chinese companies have far to go; Preqin: US AI investments were $26.6B in the year to mid-June, vs. China's $4B
Bloomberg :
UK convenience stores are increasingly using facial recognition tech to combat shoplifting, which critics say is a disproportionate solution for minor crimes
British merchants are increasingly using the technology to combat shoplifting, raising questions about its spread as artificial intelligence rapidly improves it. Mastodon: @carnage4life@mas.to . Twitt...
OpenAI updates ChatGPT for iOS with Browse with Bing for ChatGPT Plus subscribers, answering questions using information beyond ChatGPT's original training data
ChatGPT on mobile can now surf the web. But only via Bing. — Today, OpenAI announced that subscribers to ChatGPT Plus …
Apple Vision Pro documentation: the device has a “system boundary”, defined as a 1.5-meter radius from the headset, when in a “fully immersive VR experience”
DoorDash announces new features for couriers, including “earn by time” for a guaranteed hourly minimum rate, real-time location sharing, and Dash Along the Way
Emma Roth / The Verge :
Carl Pei's Nothing raised $96M led by Highland Europe before the Phone (2)'s launch, taking the company's funding to $250M; sources say 2022 revenue was $200M
Smartphone sales are in decline as handset makers grapple with saturated markets and a tough consumer economic climate.
An interview with senior Binance executive Yi He, who has been out of the global spotlight and has children with CZ, on regulators, compliance, Okcoin, and more
One senior Binance executive has managed to stay out of the global spotlight over the past six years and counting … Twitter: @emilyjnicolle , @leomschwartz , @muyaoshen , @caspiancey , and @muyaoshen ...
OpenAI plans to open an office in London, its first office outside of the US, due to “world-class talent”; Sam Altman had floated Poland and France
ChatGPT creator OpenAI Inc. has chosen London as the home of its first corporate office outside the US, according to a company statement issued Wednesday.
Y Combinator received a record 24K applications for its latest cohort and accepted less than 1%, of which ~35% are AI-focused and 50% use AI in their business
More than one-third of the famed startup accelerator Y Combinator's latest batch of companies are focused specifically on artificial intelligence.
Meta launches new parental controls and other safety features for Messenger and Instagram in the US, the UK, and Canada, including letting parents view contacts
We want to make sure our apps are as supportive as possible for teens … Andrew Hutchinson / Social Media Today : Meta Announces New Teen Safety Tools, Including Updated Parental Oversight and Messagin...
EU countries and lawmakers reach an agreement on the Data Act, establishing rules on how Big Tech and other companies use European consumer and corporate data
on our conditions. [image] @eucouncilpress : 🇪🇺 @EUCouncil and @Europarl_EN strike a deal on fair access to and use of data (#DataAct) Read our press release 👇 https://europa.eu/!P46TMC Luca Bertuzzi ...
A look at Anonymous Sudan, a self-described hacktivist group that researchers tied to Russia and that has targeted Microsoft, Sweden, Israel, the US, and others
A hacking group responsible for a series of outages at Microsoft Corp. earlier this month had spent the previous months attacking targets …
The Mac Pro with M2 Ultra, which lacks support for external GPUs and is capped to 192GB of RAM, is a tough sell for pros, given the cheaper M2 Ultra Mac Studio
Q&A with Roblox CEO David Baszucki on the company adding experiences for people aged 17+, its aging users, its social graph, young developers, Robux, and more
@Roblox CEO @DavidBaszucki on @verge's @DecoderPod with @alexeheath and @reckless https://www.theverge.com/... [image] Alex Heath / @alexeheath : I recently sat down with @Roblox CEO @DavidBaszucki fo...
MLB partners with Uplift Labs, which uses AI and images captured by two iPhone cameras to detect players' flaws, forecast their potential, and flag injury risk
This is the real AI threat, hidden forms of bias become encoded into systems in ways that are hard to observe and fix. — https://www.wsj.com/... Twitter: @upliftlabs : We are thrilled to announce Up...
Astrix Security, which helps companies manage and secure third-party app integrations, raised a $25M Series A led by CRV to expand in Tel Aviv and the US
Kyle Wiggers / TechCrunch :
French and Dutch police say the 115M+ communications obtained by cracking the encryption of EncroChat phones, announced in 2020, has led to 6,558 arrests so far
TikTok admits to funding the TikTok creators' lawsuit in Montana that is challenging the state's ban of the app, but says the company is not paying the creators
called it! me, last month: “I would love to know more about the economics of how these plaintiffs were so ready with their lawsuit, with a very fancy law firm. ” https://law.stanford.edu/... https://t...
Illinois-based Augmedics, which offers an FDA-approved AR system for spinal surgeries, raised an $82.5M Series D led by CPMG, taking its total funding to $148M
Ingrid Lunden / TechCrunch :
SCOTUS rules 7-2 that for an alleged cyberstalker to be a “true threat”, a court must prove they recklessly disregarded that their words may be seen as threats
Again — For Women to Get Justice Adam Liptak / New York Times : Supreme Court Puts First Amendment Limits on Laws Banning Online Threats Lawrence Hurley / NBC News : Supreme Court rules for online sta...
Internal memo: SiriusXM plans to shut down its Stitcher podcast app on August 29 and move subscribers to its flagship SXM app, where podcasts will include ads
TikTok launches the TikTok Creative Challenge, which lets US-based creators with 50K+ followers submit video ads for brands and make money based on performance
Aisha Malik / TechCrunch :
Reka, which is building custom AI models for enterprises, emerges from stealth with $58M led by DST and Radical Ventures; Snowflake and others also invested
Kyle Wiggers / TechCrunch :
Experts say there is a growing need for data centers in the US, where Statista says there were 2,701 in 2022, but finding the land and energy may be a challenge
Miranda S. Spivack / New York Times : Mastodon: @ravirockks@infosec.exchange . Twitter: @berkeleylab , @nytimesbusiness , @nytimestech , and @jameshewettdc Mastodon: Ravi Nayyar / @ravirockks@infosec...
Chicago-based public cloud infrastructure startup Fly.io, which has data centers in 37 regions globally, raised a $70M Series C led by EQT at a $467M valuation
Kwaku Gyasi / Bloomberg :
Some Nigerian officials raise concerns as Chinese company-backed super apps PalmPay and OPay gain popularity and Huawei's 5G equipment dominates the country
James Kynge / Financial Times :
Source: 3AC liquidators are seeking to recover $1.3B from co-founders Su Zhu and Kyle Davies, taking action against the duo in a British Virgin Islands court
Unity's stock jumps 15%+ after the company announces its Asset Store will sell third-party “AI solutions” that can generate game dialogue, graphics, and more
Kif Leswing / CNBC :
Tel Aviv-based Anzu, which offers in-game ad tools across mobile, PC, and consoles, raised a $48M Series B led by Emmis, bringing its total funding to $65M
Anthony Vargas / AdExchanger :
Faros AI, which offers an analytics dashboard for software engineering teams, raised a $20M Series A led by Lobby Capital, bringing its total funding to $36M
Shopify: Revolutionizing Commerce with Winter Edition '26
Over 150+ new features transform how merchants build, design, and grow—with technology that amplifies creative vision.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.