~techmeme | Bookmarks (1043)

Lee-Anne Mulholland / The Keyword: Google files its proposed remedies in the DOJ's search antitrust lawsuit, including letting browser companies have multiple default agreements across platforms  —  We will appeal the Court's decision but the process requires that we first file proposed remedies.  This is a case about contracts.

Deepa Seetharaman / Wall Street Journal: Sources: OpenAI's GPT-5, codenamed Orion, is behind schedule and faces technical hurdles, including high computing costs and limited high-quality training data  —  OpenAI has run into problem after problem on its new artificial-intelligence project, code-named Orion

TrendForce: Global shipments of VR and MR headsets are expected to reach ~9.6M units in 2024, up 8.8% YoY; Meta remains the global leader with a 73% market share  —  TrendForce's latest report estimates that global shipments of VR and MR headsets are expected to reach approximately 9.6 million units in 2024, representing a YoY increase of 8.8%.

Joseph Menn / Washington Post: A US judge finds NSO Group liable for exploiting a bug in WhatsApp to spy on 1,400 users and that WhatsApp is entitled to sanctions against NSO  —  Israel-based maker of Pegasus program loses five-year-old landmark case.  —  Messaging giant WhatsApp won a landmark ruling Friday …

David Scheer / Bloomberg: Tai Mo Shan, part of Jump Trading's crypto unit, agrees to pay $123M to settle SEC's claims it misled investors about the stability of TerraUSD  —  Tai Mo Shan Ltd., part of Jump Trading's crypto unit, agreed to pay $123 million to settle a US regulator's claims it misled investors …

Kali Hays / Fortune: Sources: David Sacks' role as WH AI and crypto czar will be limited to an adviser role, overseen by Michael Kratsios, partly because he won't divest from Craft  —  David Sacks may already be getting a taste of how difficult it can be to get things done in Washington D.C.

Andrew J. Hawkins / The Verge: A study by Waymo and insurer Swiss Re finds Waymo's vehicles were safer than those driven by humans, with a 92% reduction in bodily injury claims and more  —  Waymo's autonomous vehicles cause less property damage and fewer bodily injuries when they crash than human-driven vehicles …

Stephen Alpher / CoinDesk: Rumble announces a $775M investment from Tether and plans to use $525M to fund a tender offer for ~70M shares of its common stock; RUM jumps 35%+ after hours  —  YouTube competitor Rumble (RUM) is in a deal for a $775 million strategic investment from stablecoin giant Tether.

Sylvia Varnham O'Regan / The Information: Google hired 100+ staffers of Magic Leap as contractors to assist with Google's work on its new Android XR OS, raising questions about the future of Magic Leap  —  Google has hired more than 100 staffers at augmented reality firm Magic Leap as contractors to assist with Google's work …