Kyle Wiggers / TechCrunch: Florida-based Lumu, which helps companies identify and isolate network intrusions, raised a $30M Series B, of which $6M is in debt, led by Forgepoint Capital  —  Lumu, a startup that helps enterprises identify and isolate security compromises, today announced that it raised $30 million …

Alex Barinka / Bloomberg: Snap closes AR Enterprise Services, launched in March 2023 to let retailers adapt Snap’s AR technology for their own websites, citing high costs and complexity  —  The company’s augmented reality for enterprise services, or ARES, was announced in March.  —  Snap Inc. is closing a division focused …

Kyle Wiggers / TechCrunch: Cloudflare launches new tools to help customers deploy and run AI models, including Workers AI, which gives pay-as-you-go access to GPUs from its partners  —  Looking to cash in on the AI craze, Cloudflare, the cloud services provider, is launching a new collection of products and apps aimed …

Daniel Golson / The Verge: Hands-on with Mercedes-Benz’s Drive Pilot, the first and only Level 3 system approved for sale in the US and EU, available only on freeways mapped by Mercedes  —  Drive Pilot is a Level 3 autonomous system, meaning you can take your hands off the wheel and — more notably — […]

Byron Kaye / Reuters: Researchers say X removed the ability for users to report election misinformation, a feature launched in the US, Australia, and some other countries in 2021  —  Elon Musk’s X, formerly called Twitter, disabled a feature that let users report misinformation about elections …

Jofie Yordan / Tech in Asia: Indonesia plans to ban direct transactions on social media, citing their effect on traditional markets, a blow to TikTok Shop in its first and largest market  —  President Joko “Jokowi” Widodo has decided to ban direct transactions on social media platforms in Indonesia …

Bloomberg: Binance exits its Russia business as it is not “compatible with Binance’s compliance strategy”, and sells the business to CommEX, which launched a day earlier  —  – CommEX was launched a day before Binance announced deal  — Perlman says Russia business ‘not compatible’ with compliance

Josh Ye / Reuters: China releases a list of 26 app stores, including from Samsung, Huawei, and Xiaomi, that comply with its new rules; Apple’s App Store is not on the list  —  China’s cyberspace regulator released on Wednesday names of the first batch of mobile app stores that have completed filing business details …

Stefania Palma / Financial Times: FTC Chair Lina Khan, who rose to prominence with a 2017 academic paper that called for a break-up of Amazon, now has a chance to test her approach in the courts  —  Lina Khan’s Federal Trade Commission lays out an expansive case against the ecommerce giant’s business empire

Hannah Murphy / Financial Times: Linda Yaccarino reflects on her first 100 days as X CEO, says intense public scrutiny is “hard on me”, as sources describe her relationship with Elon Musk  —  Can the chief of the company formerly known as Twitter survive Musk’s chaos and win back advertisers?