News

Alex Konrad / Forbes: Sources: YC plans to raise at least $2B across three new funds that include exposure to its next four startup batches and follow-on investments as they grow  —  The storied startup accelerator is targeting at least… Read More »Sources: YC plans to raise at least $2B across three new funds that include exposure to its next four startup batches and follow-on investments as they grow (Alex Konrad/Forbes)

Giulia Segreti / Reuters: Italy opens a probe into Booking.com, says the website’s handling of hotels in its Preferred Partner Programme “seems likely to hinder effective competition”  —  Italy’s antitrust has opened a probe into Booking.com (BKNG.O) to establish whether… Read More »Italy opens a probe into Booking.com, says the website’s handling of hotels in its Preferred Partner Programme “seems likely to hinder effective competition” (Giulia Segreti/Reuters)

Jane Zhang / Bloomberg: Meituan reports Q4 revenue up 23% YoY to ~$10.2B and a net income of ~$308.4M, both above estimates, as the food delivery giant plans international expansion  —  The company reported sales of 73.7 billion yuan ($10.2… Read More »Meituan reports Q4 revenue up 23% YoY to ~$10.2B and a net income of ~$308.4M, both above estimates, as the food delivery giant plans international expansion (Jane Zhang/Bloomberg)

Paul Sawers / TechCrunch: The UK CMA launches a formal “Phase 2” of its review of the Vodafone and Three UK’s $19B merger, says it identified competition and pricing concerns in Phase 1  —  The U.K.’s Competition and Markets Authority… Read More »The UK CMA launches a formal “Phase 2” of its review of the Vodafone and Three UK’s $19B merger, says it identified competition and pricing concerns in Phase 1 (Paul Sawers/TechCrunch)

Andy Greenberg / Wired: Researchers reveal a hotel keycard hacking technique that lets a hacker almost instantly open RFID-based Saflok locks used in ~3M doors across 13K properties  —  The company behind the Saflok-brand door locks is offering a fix,… Read More »Researchers reveal a hotel keycard hacking technique that lets a hacker almost instantly open RFID-based Saflok locks used in ~3M doors across 13K properties (Andy Greenberg/Wired)

Sergiu Gatlan / BleepingComputer: On the first day of Pwn2Own Vancouver 2024, contestants earned $732,500 and a Tesla Model 3 for demoing 19 zero-day flaws across Windows 11, Tesla, and others  —  On the first day of Pwn2Own Vancouver 2024,… Read More »On the first day of Pwn2Own Vancouver 2024, contestants earned $732,500 and a Tesla Model 3 for demoing 19 zero-day flaws across Windows 11, Tesla, and others (Sergiu Gatlan/BleepingComputer)

Anton Shilov / AnandTech: MediaTek introduced Dimensity Auto Cockpit, its automotive-focused SoCs, this week, becoming the first third-party company to use Nvidia’s GPU IP in its chips  —  MediaTek this week has introduced a new lineup of Dimensity Auto Cockpit… Read More »MediaTek introduced Dimensity Auto Cockpit, its automotive-focused SoCs, this week, becoming the first third-party company to use Nvidia’s GPU IP in its chips (Anton Shilov/AnandTech)

Axios: Some senators who received a classified briefing about TikTok say China’s government can use the app to spy on US users and push propaganda at alarming levels  —  China’s government can use TikTok to spy on American users and… Read More »Some senators who received a classified briefing about TikTok say China’s government can use the app to spy on US users and push propaganda at alarming levels (Axios)

Buster Benson / The Medium Blog: Medium says it will revoke Partner Program enrollment from writers who publish AI-generated stories, even with disclosure, and other low-quality content  —  Protecting Medium’s mission and authentic writers means doing more to protect quality … Read More »Medium says it will revoke Partner Program enrollment from writers who publish AI-generated stories, even with disclosure, and other low-quality content (Buster Benson/The Medium Blog)

Kanishka Singh / Reuters: Tennessee passes the Ensuring Likeness Voice and Image Security (ELVIS) Act, aiming to protect musicians and other artists from unauthorized use involving AI  —  Tennessee Governor Bill Lee signed a bill into law on Thursday that… Read More »Tennessee passes the Ensuring Likeness Voice and Image Security (ELVIS) Act, aiming to protect musicians and other artists from unauthorized use involving AI (Kanishka Singh/Reuters)