The US sanctions Sinbad, a crypto mixer allegedly used by North Korean Lazarus hackers, and seizes its service in an international law enforcement operation — The U.S. Department of the Treasury has sanctioned the Sinbad cryptocurrency mixing service for its use as a money-laundering tool by the North Korean Lazarus hacking group.
Netflix plans to add Grand Theft Auto: The Trilogy for its users at no extra charge on December 14 in its mobile app or on the App Store and Google Play — The three classic titles in “Grand Theft Auto: The Trilogy - The Definitive Edition" will be available Dec. 14 for Netflix customers at no additional charge on mobile platforms.
Rover, an online marketplace for pet care services, agrees to be acquired by Blackstone in a $2.3B all-cash deal, or $11 per share; ROVR jumps 28%+ — - Shares surge as much as 31%, most since company's IPO — Pet economy exploded in pandemic with wave of adoptions
AWS plans to offer access to Nvidia's H200 chips, following Azure's similar dual-pronged approach of offering its own Maia chips as well as Nvidia's latest — - Amazon Web Services announced Trainium2, a chip for training artificial intelligence models, and it will also offer access …
The European Commission says Amazon's $1.4B iRobot acquisition may restrict competition; Amazon says it's working to address the EC's concerns; IRBT drops 18%+ — EU antitrust regulators said on Monday Amazon's (AMZN.O) $1.4 billion acquisition of robot vacuum maker iRobot (IRBT.O) …
UK-based Oxford Quantum Circuits, which offers quantum-computing-as-a-service, announces a new 32-qubit system and an ongoing $100M Series B led by Japan's SBI — The company also announced the public availability of OQC Toshiko, the world's first enterprise-ready quantum computing platform.
A look at Shein's NYC pop-up store, which resembled its website and may have only reinforced Shein's image of being quick, cheap, and not quite as it seems — The Shein pop-up store in New York this month resembled the e-commerce giant's website, except picture-perfect.
Unsealed docs in a lawsuit by 30+ state AGs: Meta received 1.1M+ reports of under-13s on Instagram since early 2019 yet it “disabled only a fraction” of those — Meta “routinely documented” children under 13 on Instagram and “unlawfully” collected their data, according to a newly unsealed complaint.
Adobe: US online Black Friday sales hit $9.8B, up 7.5% YoY; Salesforce, which uses different metrics, says online sales hit $16.4B in the US and $70.9B globally — A rush of deep discounts and the growth of flexible payment options were the drivers behind $9.8 billion in online sales …
Dutch media: Chimera, a China-linked hacker group, infiltrated Dutch semiconductor giant NXP's network between 2017 and 2020 and stole chip designs and more — The full extent of the security breach is unknown. — Chimera, a Chinese-linked hacker group, has infiltrated the network …
The UK and South Korea warn that the North Korean Lazarus hacking group is using a zero-day in the authentication software MagicLine4NX for supply-chain attacks — The National Cyber Security Centre (NCSC) and Korea's National Intelligence Service (NIS) warn that the North Korean Lazarus …
FOIA docs: Prashant Bhardwaj, hired in March as the US OCC's first officer to police fintech firms, lied about his work history; OCC quietly replaced Bhardwaj — In March, the Office of the Comptroller of the Currency—the powerful federal banking regulator—tapped Prashant Kumar Bhardwaj …
Filing: Nvidia says regulators in the EU and China requested information about its sale of GPUs and how it allocates their supply — Regulators in Europe and China have questioned Nvidia about how it allocates its supply of highly sought-after chips used for running AI software, the company said in a regulatory filing on Tuesday.
Q&A with Intel executive VP and GM of Technology Development Ann Kelleher on the company's new Fab 34 in Ireland, upcoming nodes, Intel's roadmap, and more — Companies mentioned: — If there's one marketing message that Intel is drilling into the ecosystem about its capabilities, it's the ‘five nodes in four years’ mantra.
Automotive tech company Valeo sues Nvidia, after an Nvidia engineer accidentally shared data he stole from his former employer Valeo, on a video call with Valeo — - Oops moment happened during video conference call with Valeo — Nvidia said in letter that it had tried to protect Valeo's IP
FIA, which runs F1, plans to use its Computer Vision tech to tackle track limits breaches at the Abu Dhabi Grand Prix, using shape analysis to count pixels — Formula One's governing body is trialling artificial intelligence (AI) to tackle track limits breaches at this weekend's season-ending Abu Dhabi Grand Prix.
Graphcore lays off most of its staff in China and discontinues sales in the country, citing US export rules; China made up 20% to 25% of Graphcore's business — - British AI unicorn startup cuts most of its staff in China — Company recently shared that it needs funds to keep operating
Honor plans board changes to meet diversity standards for a public company, as it prepares for an IPO, three years after it was spun off from Huawei — The Shenzhen-based firm will adjust the composition of its board to meet diversity standards for a publicly listed company …
Source: Binance CEO Changpeng Zhao may step down from Binance as part of a $4B settlement between Binance, the DOJ, and the CFTC; the SEC is not participating — The U.S. Department of Justice plans to settle charges with Binance after years of investigating the crypto exchange.
Amazon launches AI Ready, a program with free AI classes that aims to train at least 2M people by 2025 on basic to advanced AI skills — Company aims to train two million people in AI as fight for skilled workers ramps up with Microsoft, Google — Amazon.com is launching a program …
Source: more than 100 OpenAI customers contacted Anthropic over the weekend, and others reached out to Google Cloud and Cohere — Questions about the future of OpenAI intensified on Monday, after board member and chief scientist Ilya Sutskever expressed regret for his participation in the firing of CEO Sam Altman.
Sources: the US DOJ seeks $4B+ from Binance as part of a proposed resolution of a years-long probe; CZ would still potentially face criminal charges in the US — - Resolution could come as soon as the end of this month — Binance and founder Changpeng Zhao would face charges in US
How the very unusual governance structure of OpenAI, born out of effective altruism, led to the firing of Sam Altman, as the philosophy clashed with reality — What has happened looks incomprehensible unless you know the strange history of OpenAI, its philosophy, and how that is now clashing with reality.
Sources: before his ouster, Sam Altman was trying to raise money in the Middle East for a venture, codenamed Tigris, to produce TPUs and compete with Nvidia — - Altman was fundraising in the Middle East for new chip venture — The project, code-named Tigris, is intended to rival Nvidia
Meta split up its Responsible AI team, moving most of its members to the generative AI team it formed in February, and others to an AI infrastructure unit — Meta Platforms has split up a team responsible for understanding and preventing harms associated with the artificial intelligence …
OpenAI memo: Altman's firing was not due to “malfeasance” or related to financial, business, safety, or security practices but a “breakdown in communication” — Team - after yesterday's announcement, which took us all by surprise, we have had multiple conversations …
Yoolim Lee / Bloomberg : Sources: Seoul-based AI chip designer FuriosaAI seeks to raise a $300M-$500M Series D to fund mass production of...
