News

David Ingram / NBC News: Sensor Tower: in February 2024, X had 27M US DAUs of its mobile app, down 18% YoY, and the US user base has been flat or down every month since November 2022  —  X usage… Read More »Sensor Tower: in February 2024, X had 27M US DAUs of its mobile app, down 18% YoY, and the US user base has been flat or down every month since November 2022 (David Ingram/NBC News)

Kashmir Hill / New York Times: GM says it has stopped sharing driving data with two data brokers, after a report showed GM and others collecting and sharing data without clear consent  —  G.M. had provided information about braking, acceleration… Read More »GM says it has stopped sharing driving data with two data brokers, after a report showed GM and others collecting and sharing data without clear consent (Kashmir Hill/New York Times)

Brian Krebs / Krebs on Security: Mozilla ends a partnership with Onerep, which lets users remove data from people-search sites, after a report showed Onerep’s CEO founded dozens of such sites  —  The nonprofit organization that supports the Firefox web… Read More »Mozilla ends a partnership with Onerep, which lets users remove data from people-search sites, after a report showed Onerep’s CEO founded dozens of such sites (Brian Krebs/Krebs on Security)

RT Watson / The Block: Worldcoin announces Personal Custody, which saves biometric data captured by the Orb on users’ personal devices, and plans to open source the Orb’s software  —  – With “Personal Custody” people signing up for a World… Read More »Worldcoin announces Personal Custody, which saves biometric data captured by the Orb on users’ personal devices, and plans to open source the Orb’s software (RT Watson/The Block)

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)