Sara Fischer / Axios:
Sources: Meta strikes a multi-year deal with Reuters to use its news content to provide real-time answers to user queries in Meta AI chatbot, a first for Meta — - Meta has backed away from news content in its platforms' main feeds amid regulatory scrutiny, but news content may prove harder …
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Friday, October 25, 2024
Sources: Meta strikes a multi-year deal with Reuters to use its news content to provide real-time answers to user queries in Meta AI chatbot, a first for Meta (Sara Fischer/Axios)
Chinese self-driving firm WeRide raised $120M in its US IPO at a $4.21B valuation, and sold 7.7M shares at $15.50 a piece, the lower end of its targeted range (Reuters)
Reuters:
Chinese self-driving firm WeRide raised $120M in its US IPO at a $4.21B valuation, and sold 7.7M shares at $15.50 a piece, the lower end of its targeted range — Self-driving firm WeRide WRD.O notched a valuation of $4.21 billion after raising $120 million in its U.S. initial public offering …
Thursday, October 24, 2024
The EU's Court of Justice sides with Intel over a once-record €1.06B antitrust fine, ruling that regulators failed to prove it gave illegal rebates to PC makers (Samuel Stolton/Bloomberg)
Samuel Stolton / Bloomberg:
The EU's Court of Justice sides with Intel over a once-record €1.06B antitrust fine, ruling that regulators failed to prove it gave illegal rebates to PC makers — - EU's top court rules in over decade-long legal fight — Separate case over a revised EU fine is still ongoing
Wednesday, October 23, 2024
Nigeria drops charges against Binance executive Tigran Gambaryan, detained since February 2024; sources say the case was discontinued due to his ill health (Nduka Orjinmo/Bloomberg)
Nduka Orjinmo / Bloomberg:
Nigeria drops charges against Binance executive Tigran Gambaryan, detained since February 2024; sources say the case was discontinued due to his ill health — - Charges against Tigran Gambaryan dropped on health grounds — Gambaryan detained in February as Nigeria took aim at Binance
Joseph Gordon-Levitt criticizes AI, calling Hollywood a "canary in the coal mine" for other industries, and says studios "own the IP and I don't own any of it" (Erich Schwartzel/Wall Street Journal)
Erich Schwartzel / Wall Street Journal:
Joseph Gordon-Levitt criticizes AI, calling Hollywood a “canary in the coal mine” for other industries, and says studios “own the IP and I don't own any of it” — Actor says AI companies use movies and TV to make money without fairly compensating actors; industry should ‘get ahead of that flood’
Tuesday, October 22, 2024
Netflix shut down AAA game studio "Team Blue", which hired industry veterans and seemed set to pursue a big-budget multi-device strategy, amid a gaming shake-up (Stephen Totilo/Game File)
Stephen Totilo / Game File:
Netflix shut down AAA game studio “Team Blue”, which hired industry veterans and seemed set to pursue a big-budget multi-device strategy, amid a gaming shake-up — The SoCal studio boasted senior veterans from Halo, God of War and Overwatch — One of Netflix's most intriguing video game studios is no more.
Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in data center financing decisions (Bloomberg)
Bloomberg : Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in ...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...