Bloomberg:
A look at Abu Dhabi-based AI startup G42, as sources say US intelligence officials fixated on CEO Xiao Peng ahead of its China divestment and Microsoft deal — Abu Dhabi-based G42 found it could no longer play for both teams. — G42, a startup in Abu Dhabi, has made itself …
The NHTSA closes a 2021 investigation into Tesla’s Autopilot and opens a new one to evaluate whether a December 2023 Autopilot recall fix is effective enough (Sean O’Kane/TechCrunch)
Sean O’Kane / TechCrunch:
The NHTSA closes a 2021 investigation into Tesla’s Autopilot and opens a new one to evaluate whether a December 2023 Autopilot recall fix is effective enough — The National Highway Traffic Safety Administration closed a long-standing investigation into Tesla’s Autopilot driver assistance system …
The EU Commission says Shein will have to comply with DSA rules for content handling, starting August 2024, as the retailer has more than 45M users in the EU (Clothilde Goujard/Politico)
Clothilde Goujard / Politico:
The EU Commission says Shein will have to comply with DSA rules for content handling, starting August 2024, as the retailer has more than 45M users in the EU — BRUSSELS — Chinese-founded fashion app Shein will face stringent rules on how it handles content on its platform starting in late August, the European Commission said Friday.
Thoma Bravo agrees to buy UK-based cyber security company Darktrace for $7.75 per share, a 20% premium on its April 25 closing price, valuing the company at $5B (Will Louch/Financial Times)
Will Louch / Financial Times:
Thoma Bravo agrees to buy UK-based cyber security company Darktrace for $7.75 per share, a 20% premium on its April 25 closing price, valuing the company at $5B — Offer comes less than two years after private equity group previously held talks about buying cyber security company
ByteDance says it has no plans to sell TikTok, responding to a report suggesting that it is considering scenarios for selling a majority stake in US TikTok (Sherry Qin/Wall Street Journal)
Sherry Qin / Wall Street Journal:
ByteDance says it has no plans to sell TikTok, responding to a report suggesting that it is considering scenarios for selling a majority stake in US TikTok — The company was responding to a report by The Information that it is considering scenarios for selling a majority stake in TikTok’s U.S. business
TechInsights teardown: Huawei’s Pura 70 uses a 7nm chip, similar to the Mate 60, and a Kirin 9010 processor, a newer version of the Mate 60 Pro’s Kirin 9000s (Vlad Savov/Bloomberg)
Vlad Savov / Bloomberg:
TechInsights teardown: Huawei’s Pura 70 uses a 7nm chip, similar to the Mate 60, and a Kirin 9010 processor, a newer version of the Mate 60 Pro’s Kirin 9000s — – The Pura 70 relies on a 7nm chip similar to the Mate 60’s — Washington has stepped up efforts to curb Chinese chipmaking
Sources: the US is urging Japan, South Korea, and the Netherlands to tighten export controls to China, including stopping engineers from servicing Chinese fabs (Financial Times)
Financial Times:
Sources: the US is urging Japan, South Korea, and the Netherlands to tighten export controls to China, including stopping engineers from servicing Chinese fabs — Washington urges Japan, South Korea and the Netherlands to tighten supply of tools and technology
New rules that allow UK law enforcement agencies to seize, destroy, or transfer crypto holdings used for crime before making an arrest take effect (Camomile Shumba/CoinDesk)
Camomile Shumba / CoinDesk:
New rules that allow UK law enforcement agencies to seize, destroy, or transfer crypto holdings used for crime before making an arrest take effect — Law enforcement agencies will no longer need to wait for an arrest to seize crypto. — New powers that will make it easier …
Former Twilio CEO and co-founder Jeff Lawson buys The Onion from G/O Media, via his new company Global Tetrahedron; Lawson had long wanted to buy the site (Katie Robertson/New York Times)
Katie Robertson / New York Times:
Former Twilio CEO and co-founder Jeff Lawson buys The Onion from G/O Media, via his new company Global Tetrahedron; Lawson had long wanted to buy the site — The satirical news website was bought by a new firm in Chicago that took inspiration for its name, Global Tetrahedron, from a book written by The Onion’s staff.
Consensys sues the US SEC over what it calls the “unlawful seizure of authority” over ethereum, after receiving a Wells notice for its MetaMask wallet product (CoinDesk)
CoinDesk:
Consensys sues the US SEC over what it calls the “unlawful seizure of authority” over ethereum, after receiving a Wells notice for its MetaMask wallet product — By offering their MetaMask wallet software, the SEC says Consensys is acting as an unregistered securities broker.
