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Fri May 3
Thu May 2
Google updates its ad policy to ban the promotion of services that generate, distribute, or store synthetic sexually explicit content, starting May 30, 2024 (Barry Schwartz/Search Engine Roundtable)
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CSET: global AI research more than doubled between 2017 and 2022; Chinese Academy of Sciences was the top producer of highly cited AI papers, followed by Google (Alison Snyder/Axios)
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X launches Stories on X, with news curated and summarized by Grok AI, available for Premium subscribers in the Explore tab on iOS and on the web (Sarah Perez/TechCrunch)
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In a letter, several Democrats serving as their state's top election officials ask Meta to repeal a policy allowing ads that claim the 2020 election was stolen (Christina A. Cassidy/Associated Press)
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Elon Musk says he wants Grok to create news summaries by relying solely on X posts, without looking at article text, and improved story citations are coming (Alex Kantrowitz/Big Technology)
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Sources: Fei-Fei Li raised a seed round for a "spatial intelligence" startup using human-like visual data processing to create AI capable of advanced reasoning (Reuters)
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Global smartphone market grew 6% YoY to 296.9M units in Q1; Samsung recaptured the top spot with a 20% market share; Apple shipments fell 13% but ASP grew 2% (Counterpoint Research)
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SVB agrees to sell its VC arm SVB Capital, which manages ~$9.8B in assets, to a new entity backed by Brookfield and Sequoia Heritage for $340M in cash (Dan Primack/Axios)
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Microsoft outlines security principles and goals tied to executive compensation packages, following a scathing US Cyber Safety Review Board report in April 2024 (Tom Warren/The Verge)
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The FCC warns that US rural areas may lose cell service if Congress does not fill a $3B funding shortfall for US carriers to replace Huawei and ZTE equipment (Eva Dou/Washington Post)
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What to expect from Apple's May 7 event: OLED iPad Pros possibly with M4 chips, 10.9" and 12.9" iPad Airs, and updates to the Apple Pencil and Magic Keyboard (Mark Gurman/Bloomberg)
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Sources: Bill Gates remains intimately involved in Microsoft's operations, advising on strategy, nurturing Microsoft's relationship with Sam Altman, and more (Ashley Stewart/Business Insider)
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Germany "unambiguously" finds that Russian state-backed hacker Fancy Bear was behind cyberattacks in 2023 that took down several German government websites (Lisa O'Carroll/The Guardian)
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A committee of UK legislators says the government's "reticence" to address alleged copyright theft is a "de facto endorsement" of how tech companies build LLMs (Lindsay Clark/The Register)
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Estonian ride-hailing and scooter rentals startup Bolt Technology secures a €220M credit facility which it believes will help prepare the company for an IPO (Mark Bergen/Bloomberg)
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Filing: Google pushes back on Epic's demands after its antitrust win, saying the proposed remedies are "unnecessary" and "far beyond the scope" of the verdict (Sarah Perez/TechCrunch)
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Stock photographers prepare for AI disruption, as stock photo companies say traditional photography still has a market but work on building their own AI tools (Katie Deighton/Wall Street Journal)
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Sources: cloud security startup Wiz no longer plans to acquire competitor Lacework; the deal, valued at $150M-$200M, fell apart during the due diligence process (Meir Orbach/CTech)
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A look at Chinese generative AI startups Zhipu AI, Moonshot AI, MiniMax, and 01.ai, which have all been valued between $1.2B and $2.5B in the past three months (Eleanor Olcott/Financial Times)
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Tim Cook says half of Fortune 100 companies have purchased Apple Vision Pro units and that Apple's focus is on getting more apps and more enterprises engaged (Wesley Hilliard/AppleInsider)
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Mimic, which helps businesses detect, deflect, and quickly recover from ransomware attacks, emerges from stealth with a $27M seed led by Ballistic Ventures (Ryan Naraine/SecurityWeek)
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Japan's PM Fumio Kishida unveils an international voluntary framework for regulation and use of generative AI and says 49 countries and regions have signed up (Associated Press)
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Hubble Network, which is building a satellite network for Bluetooth devices, says it has made a Bluetooth connection directly to a satellite for the first time (Aria Alamalhodaei/TechCrunch)
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Onur Aksoy, who pleaded guilty to selling fake Cisco equipment on Amazon and eBay from 2013 to 2022, making over $100M, is sentenced to over six years in prison (Michael Kan/PCMag)
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Microsoft adds deputy chief information security officers within its product groups after a spate of cyberattacks, but declines to identify the new officials (Bloomberg)
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X tweaks its block feature to let users see replies to their posts even by users who have blocked them, with the aim of identifying and reporting "bad content" (Karissa Bell/Engadget)
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