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CA's DMV suspends Cruise's robotaxi license, Nvidia begins designing Arm-based CPUs

California's DMV has suspended Cruise's deployment and driverless testing permits effective immediately, temporarily ending the company's robotaxi operations in SF - Link

Reuters sources: Nvidia has started designing Arm-based CPUs for Windows PCs and could begin selling them by 2025, expanding into the PC market - Link

Meta was sued by a bipartisan group of 42 attorneys general representing 33 states, who are alleging the company built addictive features targeted at kids and teens in its Facebook and Instagram products - Link

The Information sources: SiFive, a RISC-V chip designer, cut 20% of its staff (~130 employees) after missing much of the AI boom due to its focus on CPUs - Link

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Instagram is testing a verified-only toggle, which would allow users only to view posts from users paying for a Meta Verified subscription - Link

YouTube is in ongoing negotiations with record labels over its AI tool, which lets creators use the voices of famous musicians, the result of which will be the first significant deal of its kind in the music industry - Link

Vista Equity Partners will acquire payments firm EngageSmart in a ~$4B deal, representing a 23% premium on the stock's closing price on 10/4 - Link

Weibo's CEO confirmed that China is considering new rules that would require anonymous commentator accounts with 1M+ followers to disclose their real names - Link

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