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February 27, 2024, 5:50 PM
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memeorandum
WeSmirchTop News
| Mark Gurman / Bloomberg: |
Sources: Apple is winding down Project Titan, its decade-long effort to make an electric car; Apple plans to move some impacted staff to generative AI projects — - Executives tell staff to end work on endeavor known as Titan — Employees on some car teams will move to Apple's AI division
More: Android Authority, TechCrunch, Financial Times, Semafor, The Verge, The Guardian, The Hill, New York Times, San Francisco Business Times, PCMag, Silicon Valley Business …, Wall Street Journal, Ars Technica, ZDNet, PYMNTS.com, Thurrott, Macworld, Appleosophy, Investor's Business Daily, Decrypt, Engadget, The Information, Forbes, AppleInsider, Gizmodo, MacRumors, Axios, 9to5Mac, Proactive, Mashable, Quartz, The Last Driver License Holder, Reuters, New York Post, Investing.com, Channel NewsAsia, The Tech Basic, Inc.com, TechRadar, Tom's Guide, Neowin, Maginative, autoevolution, The Drive, Benzinga, TipRanks Financial, SlashGear, IGN, Fox Business, Cult of Mac, CNBC, Wccftech, iClarified, MacDailyNews, BGR, Boing Boing, Watcher Guru, Supercharged, iPhone in Canada Blog, and Notebookcheck
Threads: @mgsiegler, @joannastern, @benedictevans, @hmltn, @film_girl, @boztank, @moskov, @tomgara, @lorakolodny, @parkert, @willoremus, @mossbergwalt, @martinsfp, and @crumbler
X: @elonmusk, @vadimyuryev, @greg16676935420, @vadimyuryev, @mkbhd, @benbajarin, @joannastern, @scobleizer, @stevemoser, @classicii_mrmac, @linustech, @stanphylcap, @chris_j_paxton, @dmc_ryan, @mkbhd, @alistairj90, @munster_gene, @munster_gene, @munster_gene, @neilcybart, @munster_gene, @gartenberg, @alex, @carnage4life, @carnage4life, @rachelmetz, @markgurman, @mattrosoff, @bzamayo, @kantrowitz, and @markgurman
LinkedIn: Benedict Evans and John Voelcker
| Samantha Cole / 404 Media: |
Internal docs: Tumblr staff compiled users' data in preparation for deals where Automattic would sell the data to OpenAI and Midjourney to train AI tools — Internal documents obtained by 404 Media show that Tumblr staff compiled users' data as part of a deal with Midjourney and OpenAI.
More: The Verge, Gizmodo, Engadget, Dexerto, and Automattic
Threads: @jacaranda7. Mastodon: @404mediaco@mastodon.social and @fraying@xoxo.zone. Bluesky: @khatunjessicabeki.org
Forums: r/ArtistHate, Beehaw, and Slashdot
| Tom Warren / The Verge: |
Sony plans to lay off around 900 employees, or 8% of workforce, at its PlayStation division, and close its London Studio in the UK — Sony says it's laying off around 900 employees of its PlayStation division, a reduction of its global headcount of around 8 percent.
More: Sony Interactive Entertainment, IGN, TheGamer, CNBC, Kotaku, USA Today, The Hill, Stevivor, Silicon Republic, Phandroid, Game Developer, TechRadar, Variety, RTÉ, Road to VR, PCMag, Gameranx, Aftermath, HotHardware, Neowin, BBC, Fortune, Silicon Valley Business …, Polygon, Press Start, Massively Overpowered, Pocket Gamer.biz, NBC News, The Hollywood Reporter, TechCrunch, TechSpot, International Business Times, Game World Observer, Pure Xbox, and Push Square
Mastodon: @charlesrandall@grumble.social and @AAKL@noc.social
X: @kylemsnape, @broodwars64, @whoregreymon, @majornelson, @jimmyrowe1994, @leglessgamer, @snazzylabs, @oliver_drk, @colteastwood, @ethangach, @thejenya, @jgameruk80, @lumberjackry, @joncomms, @spiintercal, @tomwarren, @horrorvisuals, @welladjustednrd, @emceekhan, @richontech, @thesamethyst, @vahn16, @playstation, @naughtyndc, and @stephentotilo
LinkedIn: Jared Leigh, Keith Plesha, Karl Woolley, Ali Durrant, Victoria Emma Tyrer, Jon Wills, Mike Rouse, Ben Jones, and Sam Carlisle
Forums: r/brdev, r/technews, and r/KotakuInAction
| Jason Schreier / Bloomberg: |
Sony says its PlayStation layoffs will also impact game makers Insomniac, Naughty Dog, and Guerrilla, three of its most successful subsidiaries — The company is also canceling a game based on the Twisted Metal racing franchise — Sony Group Corp. will lay off 900 people across …
More: Sony Interactive Entertainment, The Register, GameSpot, Press Start, IGN, Game Developer, The Guardian, TweakTown, Business Post, MobileSyrup, Video Games Chronicle, Forbes, Wccftech, Engadget, Metro.co.uk, Rock, Paper, Shotgun, TheGamer, MSPoweruser, New York Post, Game Rant, KitGuru, and GamingBolt
Forums: r/gaming, r/TwoBestFriendsPlay, and r/TwistedMetal
| Sean Hollister / The Verge: |
Nvidia plans to start showing free-tier GeForce Now users “up to two minutes” of video ads on February 28 while they are queuing to start a cloud gaming session — Nvidia's completely free, no-strings attached trial of its cloud gaming service GeForce Now is about to be very slightly less …
More: Engadget, Wccftech, Thurrott, Android Headlines, MobileSyrup, Gameranx, PCMag, BGR, PCWorld, TechSpot, OC3D, IGN, Game Rant, KitGuru, T3, TechRadar, HotHardware, VideoCardz.com, and 9to5Google
Forums: r/technology, r/GeForceNOW, and Slashdot
| Blake Brittain / Reuters: |
Filing: OpenAI asks a US federal judge to dismiss parts of NYT's copyright suit, alleging it “paid someone to hack OpenAI's products” and violated OpenAI's TOS — OpenAI has asked a federal judge to dismiss parts of the New York Times (NYT.N) copyright lawsuit against it … | Olivia Solon / Bloomberg: |
Seacom says a subsea cable was damaged in the area where Houthi fighters are targeting ships, highlighting how vulnerable critical subsea infrastructure can be — A subsea cable off the coast of Yemen that connects Europe to India has been damaged, and the telecommunications carrier that owns …
More: The Register, Globes Online, SubTel Forum, New York Post, Trak.in, CircleID, and TechSpot
| Mark Gurman / Bloomberg: |
Sources: Sonos delays its launch of $449 headphones to June, a month later than previously hoped, after hitting software snags, and aims to make up to 1M units — - Company anticipates shipping $449 product in June after delay — Sonos aims to manufacture as many as 1 million units
More: Thurrott, The Verge, MacRumors, Pocket-lint, 9to5Mac, iPhone in Canada Blog, and Digital Trends
| Samuel Stolton / Bloomberg: |
Microsoft says its investment in Mistral AI amounts to €15M; EU regulators plan to analyze the investment, which could eventually lead to a formal investigation — - Partnership amounts to €15 million investment, Microsoft says — EU analysis could lead to future formal investigation
More: The Verge, TechCrunch, The Information, Reuters, Interesting Engineering, Fortune, Associated Press, Thurrott, MSPoweruser, CoinGape, TechPowerUp, Cryptopolitan, Nairametrics, and The Verge
X: @samuelstolton, @tomwarren, and @mhbergen
| Romain Dillet / TechCrunch: |
More: Mistral AI, Newslit Daily, HPCwire, TechStartups, MediaPost, The Stack, AI News, Ben's Bites, The Rundown AI, Constellation Research, and Financial Times
X: @markhachman, @guillaumelample, @guillaumelample, @arthurmensch, @xlr8harder, @sophiamyang, and @methekarthik
Forums: Hacker News and r/MistralAI
| Wes Davis / The Verge: |
Netflix confirms that it has started removing Apple iTunes billing for longtime subscribers, and now requires them to pay directly on its website — Netflix confirms to The Verge that it has begun booting longtime subscribers off their Apple iTunes billing plans, and will require …
More: The Streamable, USA Today, 9to5Mac, Engadget, Tom's Guide, PCMag, Metro.co.uk, KnowTechie, TechRadar, Wccftech, TweakTown, How-To Geek, iDownloadBlog.com, PYMNTS.com, iMore, Root-Nation.com, and MacRumors
X: @megannwalsh and @verge
Forums: r/technology and r/apple
| Frederic Lardinois / TechCrunch: |
GitHub announces the general availability of Copilot Enterprise, which is able to reference an org's code and knowledge base, for $39 per user per month — GitHub today announced the general availability of Copilot Enterprise, the $39/month version of its code completion tool and developer-centric chatbot for large businesses.
More: The GitHub Blog, InfoWorld, The Register, The New Stack, Thurrott, Neowin, ITPro, MSPoweruser, and Bloomberg
X: @github, @quinnypig, and @ashtom
LinkedIn: Alexey Girzhadovich and Adrián Mato Gondelle
| Mark Stenberg / Adweek: |
Docs: Google is paying a handful of independent publishers a five-figure sum for one year to use an unreleased suite of generative AI tools to post stories — In exchange for a five-figure sum, publishers must use the tool to publish 3 stories per day — Google launched a private program … | Paul Alcorn / Tom's Hardware: |
Leaked presentation: Intel's 14A process is slated for production in 2026, and its previously unannounced Intel 10A, its first 1nm chip, is set for late 2027 — Single-digit nanometer chips to arrive in late 2027. — We've already covered the first major announcements … | Lauren Thomas / Wall Street Journal: |
Cox Enterprises is buying OpenGov in a deal valuing the company, which provides cloud software for cities and state agencies, at $1.8B — Cable giant is buying OpenGov, a provider of software for cities and state agencies — Cox Enterprises is buying OpenGov in a deal that values … | Sarah Perez / TechCrunch: |
Appfigures: Threads sees triple the daily downloads of X on iOS globally and over double the number of installs on Google Play, widening the gap late last year — Although an app's downloads aren't an exact proxy for usage, they can hint at where the market is headed.
More: Washington Times and MediaPost
Threads: @mattnavarra, @mosseri, and @timothyjchambers
Forums: r/technology and Beehaw
| Jem Aswad / Variety: |
TikTok removes all songs published by Universal Music Publishing Group, expanding a licensing spat; at first only songs owned or distributed by UMG were removed — The bruising battle over royalties between Universal Music Group and TikTok entered a new and more severe stage in the early hours …
More: Billboard, Mashable, TechCrunch, BBC, Reuters, mxdwn Music, NME, Rolling Stone, Music Ally, Music Business Worldwide, Pitchfork, CMU, and Engadget
Forums: r/popheads, r/Music, and r/Fauxmoi
| Ingrid Lunden / TechCrunch: |
Lapse, a photo app that makes users wait to share unedited pictures as they are “developed” like film, raised a $30M Series A, sources say at a $150M valuation — It can cost a fortune in 2024 to find an analogue camera, buy film (and maybe special batteries) for it, and take pictures that then need to be developed.| Ashley Capoot / CNBC: |
Bumble reports Q4 revenue up 13% YoY to $273.6M, a $32M net loss, vs. $159.2M YoY, and plans to eliminate 350 roles, about 37% of its workforce — - Bumble announced plans to lay off around 350 employees, or about 37% of its workforce, in its fourth-quarter report Tuesday.| Bloomberg: |
Sources: Klarna is in talks with banks for a potential US IPO as soon as Q3 2024 and is considering seeking a valuation of around $20B — - Swedish firm may list as soon as in the third quarter — Fintech giant was once Europe's most valuable startup — Klarna Bank AB … | Jon Swartz / MarketWatch: |
eBay reports Q4 revenue up 2% YoY to $2.56B, vs. $2.51B est., GMV up 2% to $18.6B, and net income up 8% to $728M, and announces an additional $2B stock buyback — EBay Inc.'s stock was up 5.5% in extended trading Tuesday after the online marketplace delivered quarterly results … Sponsor Posts
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Zoho:
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