Metronome, which offers APIs to help SaaS companies charge customers on a usage basis, raised a $43M Series B led by NEA, bringing its total funding to $78M+ — Metronome, a startup that helps software companies offer usage-based billing, has raised $43 million in a Series B funding round led by NEA.
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US adults survey: 83% use YouTube; 68% use Facebook; 47% use Instagram; 27% to 35% use Snapchat, WhatsApp, LinkedIn, TikTok, and Pinterest; 22% use X and Reddit — YouTube and Facebook are by far the most used online platforms among U.S. adults; TikTok's user base has grown since 2021
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Qualcomm reports Q1 adjusted revenue up 5% YoY to $9.92B, vs. $9.51B est., handset chip sales up 16% YoY to $6.69B, and net income up 24% YoY to $2.77B — - Qualcomm beat on revenue and earnings in the quarter. — The company said it shipped $6.69 billion in handset chips during the December quarter …
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OpenAI says GPT-4 poses “at most” a slight risk of helping create biological threats, according to early tests to evaluate “catastrophic” risks from LLMs — Artificial intelligence startup carried out tests as part of efforts to understand and prevent any “catastrophic” risks from its technology.
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Microsoft and X say they support the Kids Online Safety Act; Meta, Discord, and TikTok demur, citing criticism from groups or supporting only some parts of KOSA — On the eve of Wednesday's big tech hearing (both big tech and a big hearing — five CEOs are testifying as we speak) …
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Microsoft says that Microsoft Teams, Word, Excel, PowerPoint, Outlook, OneNote, Loop, and Copilot features will be available on Apple Vision Pro on February 2 — Microsoft is launching a suite of its Microsoft 365 apps on Apple's Vision Pro headset later this week.
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Sources: Cruise does not expect to see its robotaxis on city streets again until Q4 2024 and is considering Houston and Dallas as likely cities for a relaunch — General Motors' (GM.N) Cruise self-driving car unit faces a trip that could last the better part of this year to convince regulators …
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Mark Zuckerberg apologizes to parents in the audience of a US Senate hearing who say that Meta's apps contributed to their children's suicide or exploitation — “I'm sorry for everything you've all gone through,” the Meta CEO said at a Senate Judiciary Committee Hearing called …
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The US DOJ says eBay agreed to pay $59M to settle allegations that it violated the Controlled Substances Act by allowing sales of pill presses and other items — Justice Department says eBay has also agreed to enhance its compliance program — EBay will pay $59 million to settle …
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Baobab Studios and 9 Story Media have partnered to bring Baobab's Momoguro franchise, which is a popular gaming series Roblox, to television. Burlingame, California-based Baobab created Momoguro as a cross-platform entertainment franchise, said CEO Maureen Fan in an interview with GamesBeat. And now Baobab is joining with 9 Story Media Group, a powerhouse in kids […]
Link: Baobab partners with 9 Story Media to bring Roblox franchise Momoguro to TV
An FTX lawyer says the exchange expects to fully repay its customers and has abandoned efforts to restart the platform due to a lack of buyers — Its FTT token surged about 11% after the news. — 10 Years of Decentralizing the Future — May 29-31, 2024 - Austin, TexasThe biggest …
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The FBI and DOJ disrupt Volt Typhoon, a uniquely dangerous Chinese hacking operation to hijack thousands of Cisco and Netgear routers at the end of their lives — Chinese hackers prepare to ‘wreak havoc’ against Americans, FBI Director Chris Wray tells Congress
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They are the silent strengths that endpoint providers rely on to sharpen their arsenals and keep them ready for the next onslaught of cyberattacks. AI and behavioral analytics are core to the DNA of the leading endpoint providers, including Cisco, CrowdStrike, ESET, Fortinet, Microsoft and Palo Alto Networks. Each of these endpoint providers sees cybersecurity […]
Link: Why AI and behavioral analytics are stealth strengths of Gartner's MQ on endpoints
Ripple co-founder Chris Larsen confirms “unauthorized access” to “a few of my personal XRP accounts”, after ZachXBT noted outflows of 213M XRP, worth $112.5M — - Ripple co-founder Chris Larsen said Wednesday that there had been “unauthorized access” to “a few of my personal XRP accounts.”
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A live blog of the Senate Judiciary Committee's hearing on kids' online safety, including testimony from Mark Zuckerberg, Linda Yaccarino, and Evan Spiegel — The chief executives of five major tech companies are testifying Wednesday about allegations that they failed to protect children …
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Q&A with Stanford professor Erik Brynjolfsson on generative AI, potential productivity gains, his “J-curve” and “Turing trap” concepts, AI drawbacks, and more — The Stanford professor on what generative AI will mean for productivity, jobs and the society of the future
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Israel-based Oasis Security, which offers tools for “non-human” identity management, emerges from stealth and raised a $5M seed and $35M Series A led by Sequoia — When people hear the term “identity management” in an enterprise context, they typically think of apps …
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Binance left a cache of code, infrastructure diagrams, passwords, and more on a public GitHub repository for months; GitHub removed after Binance's request — A takedown request said the GitHub account was “hosting and distributing leaks of internal code which poses significant risk to BINANCE.”
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Nvidia RTX 4080 Super review: a $200 price cut to $999, 16GB of VRAM, and impressive 4K performance, but not a big performance boost over the RTX 4070 — Nvidia's RTX 4080 Super is the third and potentially final of Nvidia's refreshed 40-series GPUs. The RTX 4070 Super got …
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23andMe's stock, which hit a $6B valuation after a 2021 IPO, has crashed 98% and 23andMe may run out of cash by 2025, as CEO Anne Wojcicki plots a turnaround — From celebrity ‘spit parties’ to a drop in the bucket: The once-hot DNA-testing company is struggling to profit
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Sources: some Chinese automakers delayed flagship model deliveries due to production issues with Huawei's MDC 810 computing unit; a source blames part shortages — Some Chinese automakers have had to delay deliveries of flagship models due to production issues with a computing unit made by tech giant Huawei …
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UK prosecutors say the Met Police seized 61K bitcoin, worth £1.4B+, in 2018, as part of a trial over an alleged ~£5B investment fraud in China between 2014-2017 — One of the world's largest seizures revealed during trial of woman accused of laundering cryptocurrency for her former employer
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The Reserve Bank of India issues new curbs against Paytm's Payments Bank, including barring new deposits, credit transactions, and more after February 29 — The Reserve Bank of India issued new curbs against Paytm's Payments Bank, which processes transactions for financial services giant Paytm …
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Sources: Google splits up its 30-strong Responsible Innovation team, after leader and founder Jen Gennai suddenly left; RESIN conducted 500+ reviews in 2023 — A crucial team at Google that reviewed new AI products for compliance with its rules for responsible AI development faces …
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Bipartisan Senators unveil the DEFIANCE Act, which would let people sue over deepfake porn and other AI “intimate” images, after the viral Taylor Swift images — US lawmakers have proposed letting people sue over faked pornographic images of themselves, following the spread …
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A look at Ubisoft's problems, as insiders fear further layoffs: a wild goose chase of popular fads, like NFTs, constant delays, low player numbers, and more — As industry-wide layoffs continue to plague headlines, Ubisoft, the sixth-largest video game company by employees, is at a crossroads.
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In prepared Senate testimony, TikTok CEO Shou Chew says the company plans to spend $2B+ in 2024 on trust and safety globally and the app has 170M US MAUs — - Shou Chew joins US rivals in Senate hearing Wednesday — Global social media chiefs will outline plans to protect kids
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