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August 3, 2023, 3:15 PM
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Shubham Kalia / Reuters:
France's AFP sues X in Paris, saying the company refused to discuss potential content distribution payments under a 2019 law; Elon Musk calls the move “bizarre”  —  said on Wednesday it filed a lawsuit in Paris against Elon Musk's X social media platform, formerly known as Twitter …
Amanda Marcotte / Salon:
Some experts say trolls who built businesses and media careers on Twitter have had to escalate shock value tactics as the audience of “normal people” shrinks  —  Elon Musk's business model depends on “triggering” liberals — but he's now running out of progressives to bait
Elon Musk / @elonmusk:
Elon Musk says X will amend its creator payouts policy to take no cut until a payout exceeds $100K, and plans to talk to Tim Cook about lower App Store fees
TechCrunch:
India restricts the import of laptops, tablets, PCs, and servers with immediate effect; analysts say the move seems designed to boost local tech manufacturing  —  India restricted import of laptops, tablets, other personal computers and servers with immediate effect on Thursday …
Kris Holt / Engadget:
Google expands its privacy tools, including to alert users when their personal info appears in Search and to remove consensual explicit images from Search  —  The company will soon blur explicit imagery in results by default too.  —  Google has announced several updates to Search aimed …
Arjun Kharpal / CNBC:
Nintendo reports Q1 revenue up 50% YoY to ~$2.9B and profit up 52% YoY to ~$1.3B, boosted by the Super Mario Bros. Movie and new Zelda; Switch sales hit 3.91M  —  - Nintendo reported revenue for the June quarter of 461.34 billion yen ($3.2 billion), rising 50% year-on-year.
Andrew Tarantola / Engadget:
IBM, HuggingFace, and NASA release an open-source geospatial foundation model to build climate and Earth science AIs that can track deforestation and more  —  The open-source model will serve as the basis for future forest, crop and climate change-monitoring AI.
CyberScoop:
Amit Yoran, the CEO of cybersecurity risk management company Tenable, says Microsoft partially fixed an Azure flaw that could let hackers access sensitive data  —  Cybersecurity veteran Amit Yoran says Microsoft has a culture of toxic obfuscation when it comes to addressing security threats.
Ryan Smith / AnandTech:
AMD announces the Radeon Pro W7600 for $599, $50 cheaper than its predecessor, and the W7500 for $429, both based on its new Navi 33 GPU, available later in Q3  —  As AMD continues to launch their full graphics product stacks based on their latest RDNA 3 architecture GPUs …
Bloomberg:
Hong Kong grants its first crypto licenses to HashKey Exchange and OSL, legalizing retail trading of tokens as city officials seek to foster a global crypto hub  —  - Hong Kong is seeking to develop a digital-asset center  — City's pivot has received a guarded welcome from firms
Kyle Wiggers / TechCrunch:
Kickstarter plans to require that creators disclose if their projects use AI tools or any training data if they intend to develop AI tech, starting on August 29  —  As generative AI enters the mainstream, crowdfunding platform Kickstarter has struggled to formulate a policy that satisfies parties on all sides of the debate.
Wall Street Journal:
Internal doc: Meta sold 300K Ray-Ban Stories smart glasses between the device's September 2021 launch and February 2023, but the wearable only had ~27K MAUs  —  Company plans second generation as less than 10% of devices purchased are used monthly  —  The Ray-Ban smart glasses launched …
New York Times:
How some people use “date-me docs”, online shareable documents akin to newspaper personal ads, to look for more meaningful connections than those in dating apps  —  Writers of the online text profiles, which can read like 1,000-word versions of the personal ads of yore …
Claire Moses / New York Times:
After Dutch e-bike maker VanMoof declared bankruptcy, owners of its $2,000+ bikes worry about replacing proprietary parts and losing app-enabled bike functions  —  VanMoof's sleek electric bikes attracted fans, but the Dutch company's demise has left owners unable to get repairs and worried that app-enabled functions may stop working.
More: Zag Daily and Silicon Canals
Mastodon: @rationaldoge@hachyderm.io.  Twitter: @fdcox and @jkaraian.  LinkedIn: Jonah Wagner
GPU Utils:
An in-depth look at GPU supply and demand, particularly Nvidia H100s, how relying on TSMC can cause bottlenecks, H100 clients, Nvidia's allocations, and more  —  Introduction  —  As of August 2023, it seems AI might be bottlenecked by the supply of GPUs. … Is There Really A Bottleneck?
Mia Sato / The Verge:
Patreon temporarily disables Payoneer payments after some creators were unable to access their earnings and some banks flagged subscriber payments as fraudulent  —  Two simultaneous issues with payments on Patreon are causing problems for both creators and fans.
Parth M.N. / Wired:
India's months-long internet shutdown in the state of Manipur from May 4 did not stop ethnic violence and instead provided cover for murders, rapes, and arson  —  Since May 4, the Indian government has shut off the internet in Manipur, giving cover to murders, rapes, and arson.
Threads: @carnage4life.  Mastodon: @carnage4life@mas.to.  Twitter: @peterguest, @shakirmir, and @gregwilliams718
Reuters:
Kenya's interior ministry suspended the local activities of Worldcoin while government agencies assess public safety risks; local media reports 350K+ signed up  —  - Worldcoin says it has measures safeguarding privacy  — Kenyan authorities say will investigate Worldcoin's authenticity
Krystal Hu / Reuters:
CoreWeave, which offers Nvidia GPUs in the cloud, raised $2.3B in debt, collateralized by Nvidia chips; CoreWeave has raised $421M in equity so far in 2023  —  Specialized cloud provider CoreWeave has raised $2.3 billion in a debt facility led by Magnetar Capital and Blackstone (BX.N) …

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More News

Mary Ann Azevedo / TechCrunch:
Miami-based Lula, which offers insurance products to car rental, trucking, and logistic companies, raised a $35.5M Series B, after an $18M Series A in July 2021
Michael Geist:
As Meta blocks news links and sharing on Facebook and Instagram in Canada, a look at how Bill C-18 could cause millions of losses for the country's media sector
Cristina Criddle / Financial Times:
The UK unveils its National Semiconductor Strategy advisory panel; tech minister Paul Scully says the government prefers chip design over subsidizing chipmaking

Earlier Picks

Zeba Siddiqui / Reuters:
Microsoft says Russia-linked hackers are behind “highly targeted” social engineering attacks affecting fewer than 40 global organizations since late May 2023
Bloomberg:
India moves ahead with a 28% online gaming tax, effective from October 1, despite 100+ companies and investors like Tiger Global and Peak XV asking for changes
Jacob Bogage / Washington Post:
The IRS says that, by 2025, US taxpayers will be able to file every major tax form online, and plans to digitize all paper returns, hastening refunds by weeks
Jay Peters / The Verge:
Roblox CEO David Baszucki says the online game platform's open beta on Meta's Quest headsets, launched on July 27, has been downloaded “well over” 1M times
Reuters:
PayPal reports Q2 revenue up 7% YoY to $7.3B, total payment volume up 11% YoY to $376.5B, and a 21.4% operating margin, below its 22% forecast; PYPL drops 10%+
Benjamin Mayo / 9to5Mac:
Apple says Apple Card's savings account, which has had a 4.15% interest rate since its April 2023 launch with partner Goldman Sachs, has topped $10B in deposits
Emilia David / The Verge:
Meta releases AudioCraft, an open-source AI tool that lets users create music and sounds via text prompts, consisting of MusicGen, AudioGen, and EnCodec models
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