Christina A. Cassidy / Associated Press:
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 — Several Democrats serving as their state’s top election officials have sent a letter to the parent company of Facebook …
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)
Alex Kantrowitz / Big Technology:
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 — Musk emails with details on AI-powered news inside X. An AI bot will summarize news and commentary, sometimes looking through tens of thousands of posts per story.
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)
Reuters:
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 — Prominent computer scientist Fei-Fei Li is building a startup that uses human-like processing of visual data …
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)
Counterpoint Research:
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% — – The global smartphone market grew by 6% YoY to reach 296.9 million unit shipments in Q1 2024.
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)
Dan Primack / Axios:
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 — – SVB Capital wasn’t included in the sale of SVB’s lending and wealth management units to North Carolina-based bank First Citizens …
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)
Tom Warren / The Verge:
Microsoft outlines security principles and goals tied to executive compensation packages, following a scathing US Cyber Safety Review Board report in April 2024 — – Protect identities and secrets. … – Protect tenants and isolate production systems. … – Protect networks.
The FCC warns that 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)
Eva Dou / Washington Post:
The FCC warns that rural areas may lose cell service if Congress does not fill a $3B funding shortfall for US carriers to replace Huawei and ZTE equipment — The FCC chairwoman warns that rural areas are set to lose cell service if Congress does not fill a $3 billion shortfall in funding to replace Chinese technology.
What to expect from Apple’s May 7 event: new iPad Pros, possibly with M4 chips, updated iPad Air and Pencil, but AI features may not get a “formal unveiling” (Mark Gurman/Bloomberg)
Mark Gurman / Bloomberg:
What to expect from Apple’s May 7 event: new iPad Pros, possibly with M4 chips, updated iPad Air and Pencil, but AI features may not get a “formal unveiling” — Company gears up to update its tablets for the first time since 2022 — It’s been more than 18 months since Apple Inc …
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)
Ashley Stewart / Business Insider:
Sources: Bill Gates remains intimately involved in Microsoft’s operations, advising on strategy, nurturing Microsoft’s relationship with Sam Altman, and more — Insiders say he’s still pulling the strings at Microsoft — In 2017, just before Microsoft forged a partnership …
A committee of UK legislators says the government’s reticence to address alleged copyright theft is a “de facto endorsement” of the way tech firms build LLMs (Lindsay Clark/The Register)
Lindsay Clark / The Register:
A committee of UK legislators says the government’s reticence to address alleged copyright theft is a “de facto endorsement” of the way tech firms build LLMs — A committee of UK legislators has slammed the government for its response to alleged copyright theft as a …
