News

Ashley Belanger / Ars Technica: Some users on Instagram and Threads complain that a new setting to limit political content, which Meta announced in February, is enabled by default  —  Instagram never directly told users it was limiting political content… Read More »Some users on Instagram and Threads complain that a new setting to limit political content, which Meta announced in February, is enabled by default (Ashley Belanger/Ars Technica)

Bloomberg: Digital marketing software company Ibotta files for a US IPO, reportedly seeking a $2B valuation, and says it had a profit of $38M on revenue of $320M in 2023  —  The Denver-based company, which helps brands to deliver mobile… Read More »Digital marketing software company Ibotta files for a US IPO, reportedly seeking a $2B valuation, and says it had a profit of $38M on revenue of $320M in 2023 (Bloomberg)

Gillian Tan / Bloomberg: Sources: CoreWeave, which offers Nvidia GPUs in the cloud, is in talks to raise funding at a $16B valuation, after being valued at a reported $7B in December  —  CoreWeave, a cloud computing provider that’s among… Read More »Sources: CoreWeave, which offers Nvidia GPUs in the cloud, is in talks to raise funding at a $16B valuation, after being valued at a reported $7B in December (Gillian Tan/Bloomberg)

Lauren Feiner / The Verge: Some experts say the DOJ’s Apple lawsuit makes a strong case for harm to consumers and developers, but proving Apple’s market power could be challenging  —  The Department of Justice’s antitrust division has come into… Read More »Some experts say the DOJ’s Apple lawsuit makes a strong case for harm to consumers and developers, but proving Apple’s market power could be challenging (Lauren Feiner/The Verge)

Kate Rooney / CNBC: Sources: Anthropic has ruled out taking any Saudi money over national security concerns, as investors jostle to buy into FTX’s 8% stake that is now worth ~$1B  —  Deep-pocketed, sovereign wealth funds are among the investors… Read More »Sources: Anthropic has ruled out taking any Saudi money over national security concerns, as investors jostle to buy into FTX’s 8% stake that is now worth ~$1B (Kate Rooney/CNBC)

Newcomer: As regulators constantly and unreasonably block acquisitions, Microsoft is pioneering the non-acquisition acquisition with its OpenAI and Inflection deals  —  Plus, Redpoint makes the case for the venture slowdown ending … Reddit’s Y Combinator Origins at the Forefront of… Read More »As regulators constantly and unreasonably block acquisitions, Microsoft is pioneering the non-acquisition acquisition with its OpenAI and Inflection deals (Newcomer)

Barry Schwartz / Search Engine Land: Google is testing AI overviews in the main Google Search results with some users, even if they do not opt in to the Search Generative Experience labs feature  —  Some users who do not… Read More »Google is testing AI overviews in the main Google Search results with some users, even if they do not opt in to the Search Generative Experience labs feature (Barry Schwartz/Search Engine Land)

Aisha Malik / TechCrunch: Mark Zuckerberg says Threads is adding live scores for NBA games, and plans to add support for additional leagues in the future  —  Threads, the Twitter-like app from Instagram, is adding live scores for sports games. … Read More »Mark Zuckerberg says Threads is adding live scores for NBA games, and plans to add support for additional leagues in the future (Aisha Malik/TechCrunch)

Mark Gurman / Bloomberg: Sources: Apple is winding down an in-house effort to create microLED displays and is eliminating several dozen display engineering roles in the US and Asia  —  – Project would have been its first push into homegrown… Read More »Sources: Apple is winding down an in-house effort to create microLED displays and is eliminating several dozen display engineering roles in the US and Asia (Mark Gurman/Bloomberg)

David McCabe / New York Times: A profile of DOJ’s Jonathan Kanter, as he takes the biggest swing in his decades-long effort to fight the concentration of power in corporate America  —  Jonathan Kanter, the head of the Justice Department’s… Read More »A profile of DOJ’s Jonathan Kanter, as he takes the biggest swing in his decades-long effort to fight the concentration of power in corporate America (David McCabe/New York Times)