Devin Coldewey / TechCrunch:
Perplexity CEO Aravind Srinivas says his offer to help NYT was “to provide technical infra support” and “not to replace journalists or engineers” amid push back — The CEO of AI search company Perplexity, Aravind Srinivas, has offered to cross picket lines …
Google, Temasek, and Bain: online spending in Southeast Asia will reach $263B in 2024, up 15% YoY, the lowest growth rate since at least 2017, amid inflation (Olivia Poh/Bloomberg)
Olivia Poh / Bloomberg:
Google, Temasek, and Bain: online spending in Southeast Asia will reach $263B in 2024, up 15% YoY, the lowest growth rate since at least 2017, amid inflation — – Elevated inflation and interest rates hit online consumption — AI-ready data centers emerge as a bright spot for investments
Sources: Canadian authorities arrested Alexander “Connor” Moucka, who is allegedly behind hacks in June and July of up to 165 Snowflake customers including AT&T (Bloomberg)
Bloomberg:
Sources: Canadian authorities arrested Alexander “Connor” Moucka, who is allegedly behind hacks in June and July of up to 165 Snowflake customers including AT&T — – Connor Moucka taken into custody on provisional arrest warrant — Stolen logins used to access Snowflake customer accounts
Robinhood, Kraken, and others unveil the Global Dollar Network to accelerate stablecoin usage and launch USDG, a Paxos-issued stablecoin pegged to the US dollar (Hannah Lang/Reuters)
Hannah Lang / Reuters:
Robinhood, Kraken, and others unveil the Global Dollar Network to accelerate stablecoin usage and launch USDG, a Paxos-issued stablecoin pegged to the US dollar — A consortium of financial technology and cryptocurrency companies including Robinhood (HOOD.O), Kraken and Galaxy Digital …
Meta is extending its ban on new political ads past Election Day in the US, “until later this week” (Jonathan Vanian/CNBC)
Jonathan Vanian / CNBC:
Meta is extending its ban on new political ads past Election Day in the US, “until later this week” — Meta extended its ban on new political ads on Facebook and Instagram past Election Day in the U.S. — The social media giant announced the political ads policy update on Monday …
Caitlin Kalinowski, who served as Meta’s head of AR glasses from March 2022 to July 2024 and oversaw Orion, joins OpenAI to lead robotics and consumer hardware (Maxwell Zeff/TechCrunch)
Maxwell Zeff / TechCrunch:
Caitlin Kalinowski, who served as Meta’s head of AR glasses from March 2022 to July 2024 and oversaw Orion, joins OpenAI to lead robotics and consumer hardware — Meta’s former head of augmented reality glasses announced on Monday she is joining OpenAI to lead robotics and consumer hardware, according to a post on LinkedIn.
Sources: OpenAI is in early talks with the California AG’s office to become a for-profit company; letter: it also has discussed the shift with the Delaware AG (Bloomberg)
Bloomberg:
Sources: OpenAI is in early talks with the California AG’s office to become a for-profit company; letter: it also has discussed the shift with the Delaware AG — – Legal status change may face scrutiny over IP valuations — Firm in early talks with California attorney general’s office
Sources: Apple is conducting an internal study, codenamed Atlas, focused on smart glasses and involving employee feedback on products currently on the market (Mark Gurman/Bloomberg)
Mark Gurman / Bloomberg:
Sources: Apple is conducting an internal study, codenamed Atlas, focused on smart glasses and involving employee feedback on products currently on the market — – Company’s hardware division is researching idea with employees — Move signals that Apple aims to follow Meta into new category
Sources: ByteDance’s international revenue grew 60%+ YoY to about $17B in H1 2024, and overall revenue grew 35% to about $73B, after growing 40% in H1 2023 (The Information)
The Information:
Sources: ByteDance’s international revenue grew 60%+ YoY to about $17B in H1 2024, and overall revenue grew 35% to about $73B, after growing 40% in H1 2023 — TikTok parent ByteDance increased its international revenue more than 60% to about $17 billion in the first half of 2024 …
A judge denies Philadelphia DA’s emergency injunction request aiming to bring a halt to the $1M/day giveaway by Elon Musk’s America PAC ahead of the US election (NBC News)
NBC News:
A judge denies Philadelphia DA’s emergency injunction request aiming to bring a halt to the $1M/day giveaway by Elon Musk’s America PAC ahead of the US election — A Pennsylvania judge declined to issue an emergency injunction Monday, allowing Elon Musk’s super PAC to continue its cash giveaway to registered voters.
