Techmeme
June 7, 2024, 2:25 AM

Top News

Carl Franzen / VentureBeat:
Adobe faces a backlash over its terms of service that say Adobe may access user content via “automated and manual methods” to improve its services and software  —  Adobe has been one of the leading legacy enterprise software companies to embrace generative AI and make it accessible …
Mark Gurman / Bloomberg:
Sources: Apple plans a new Passwords app in macOS 15, iOS 18, and iPadOS 18, powered by iCloud Keychain, and will let users import passwords from rival services  —  Apple Inc. will introduce a new homegrown app next week called Passwords, aiming to make it easier for customers to log …
Zack Whittaker / TechCrunch:
A website for cybercriminals lists 500+ allegedly stolen Snowflake customer credentials, including for environments belonging to Santander and Ticketmaster  —  Cloud data analysis company Snowflake is at the center of a recent spate of alleged data thefts, as its corporate customers scramble …
Amanda Silberling / TechCrunch:
Cara, an artist-run, anti-AI social platform, grew from 40K to 650K users in the past week, as some Instagram artists leave over plans to train AI on user data  —  ‘Building a product is a bit like making art,’ said founder Jingna Zhang  —  Artists have finally had enough with Meta's predatory AI policies …
Zac Bowden / Windows Central:
After Microsoft eroded Windows users' trust with bad practices for years, Recall is a PR disaster, as users remain skeptical despite the company's assurances  —  The world is up-in-arms over Windows Recall, but why?  It stems from Microsoft's seeming lack of care for Windows and its users.
Ivan Mehta / TechCrunch:
Google partners with RapidSOS, a platform for emergency first responders, to let users contact 911 via RCS, from December and initially only in Google Messages  —  Google said today it is partnering with RapidSOS, a platform for emergency first responders, to enable users to contact 911 through RCS (Rich Messaging Service).
Rachel Graf / Bloomberg:
A US federal court finds Mike Lynch not guilty of criminal charges that he duped HP into buying Autonomy for $11B in 2011; he lost a UK civil trial in 2022  —  - San Francisco acquittal follows Lynch's defeat in civil trial  — He's claimed for years he was scapegoated for merger gone bad
Sander Lutz / Decrypt:
Telegram launches Stars, a new in-app currency for the purchase of digital goods and services in Telegram mini apps; developers can convert Stars into TON  —  Developers of mini apps on Telegram will now be able to sell digital goods and services for Stars, which can be converted into Toncoin.
Olga Kharif / Bloomberg:
Sources: Kraken seeks to raise $100M+ in a pre-IPO round; the crypto exchange's previous attempts to go public were thwarted in part by a dispute with the SEC  —  - Crypto exchange has talked about doing IPO for several years  — Closely held exchange is engaged in a dispute with the SEC
Aisha Counts / Bloomberg:
Meta plans WhatsApp features, including an AI-powered assistant for businesses in India and Singapore, and AI tools to create ads in English-speaking markets  —  - Assistant lets businesses chat with customers using AI  — New features will roll out first in India and Singapore
Ivan Mehta / TechCrunch:
Eleanor Olcott / Financial Times:
US VC firms are putting pressure on tech startups to ask their Chinese backers to divest as VCs anticipate tighter controls on foreign ownership from Washington  —  Start-up stakes are being sold to American investors in anticipation of Washington restricting foreign ownership
Ivan Mehta / TechCrunch:
TikTok is testing a streaks feature, which has become a status symbol on Snapchat, with select users in limited markets in order to increase engagement  —  In order to have users spend more time on the platform and ramp up engagement, TikTok is testing streaks that are similar to what people see on Snapchat.
Wall Street Journal:
Boston-based Seven AI, which uses AI to help companies combat cyberattacks, emerged from stealth and raised $36M led by Greylock at a ~$100M valuation  —  New company uses artificial intelligence to help enterprises combat cyberattacks  —  Venture firm Greylock Partners has led …
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