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Tech Across the Globe

OpenAI’s new CEO: Sam Altman announced a new OpenAI applications CEO, Instacart’s Fidji Simo, to steer operations and report to him. It’s a fundamental reorganization, where Altman will retain his position but focus his energies on research, safety and procuring more computation power on the path to AGI.

App security: Three US departments prohibited their employees from accessing TeleMessage — an archiving app that former National Security Adviser Michael Waltz used while communicating with other members of the Trump administration — after determining they weren’t secure enough.

Nintendo underwhelms: The hotly anticipated Switch 2 has propelled Nintendo’s share price in recent times, but on Thursday the Kyoto company said it only expects to sell 15 million units in its first fiscal year on sale. Nintendo’s profit forecast and March-quarter results were also far south of market expectations.

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France’s Mistral Releases AI Model Tailored for Businesses
Alibaba Strikes Rednote Pact to Spur Social-Media Shopping Push
Musk Hits Back at OpenAI’s Claim He’s on Quest to Harm Startup

Revalued

The global podcast industry generated $7.3 billion in sales last year, according to a report from the research firm Owl & Co., making it twice as large as previously estimated.

Must Read

The FTC’s antitrust trial accusing Meta Platforms of acting as an illegal monopoly, expected to last about eight weeks, has reached its midway point, reports Kurt Wagner in today’s Tech In Depth. Compelling, new information, such as the amount of money Mark Zuckerberg offered to buy Snapchat — $6 billion — has come out during the trial, which may hinge on whether the judge accepts the FTC’s narrow view that Meta had wiped out most social networking rivals or Meta’s more expansive view that its business is broad and competes with services from TikTok to Apple’s iMessage, he writes.

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This Week in Cyber Bulletin

A jury verdict against Israeli spyware company NSO Group was cheered by privacy advocates, Ryan Gallagher reports in this week’s Cyber Bulletin. NSO was found to have infiltrated WhatsApp’s messaging platform and used the Meta-owned app to send its malicious Pegasus spyware to about 1,400 phones, he writes.

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