Techmeme
April 25, 2024, 4:10 AM

Top News

Meta Investor Relations:
Meta reports Q1 revenue up 27% YoY to $36.46B, net income up 117% YoY to $12.37B, and family daily active people up 7% YoY to 3.24B for March 2024  —  Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended March 31, 2024.
Ashley Capoot / CNBC:
Meta's stock dropped 15%+ after hours on weak Q2 revenue guidance and higher FY 2024 capital expenditures due to increased AI infrastructure investments  —  Meta shares plunged in extended trading on Wednesday after the company issued a light forecast, overshadowing better-than-expected first-quarter results.
Alex Heath / The Verge:
Karissa Bell / Engadget:
Alex Koller / CNBC:
Lauren Feiner / The Verge:
President Biden signs the ByteDance-TikTok divest-or-ban bill into law, after the Senate passed it by 79-18; the House passed the legislation 360-58 on April 20  —  The divest-or-ban bill is now law, starting the clock for ByteDance to make its move.  The company has an initial nine months …
More: Ars Technica, CNBC, Reuters, The White House, GamesIndustry.biz, 9to5Mac, Associated Press, New York Times, Variety, Washington Post, ExchangeWire.com, BBC, Wired, The Guardian, CNN, Mashable, Semafor, Business Times, ABC7, Android Headlines, PetaPixel, Forbes, Rolling Stone, Android Authority, Comic Book, Kiplinger.com, Engadget, PCMag, KnowTechie, Axios, The Information, Bloomberg, Semafor, TechCrunch, Business Insider, Wired, Tom's Guide, India Today, Infosecurity, Total Telecom, The Wrap, Dexerto, Music Ally, The Register, The Guardian, PR Daily, DJ Mag, NBC News, Engadget, One Man & His Blog, XDA Developers, Android Police, Far Out Magazine, ComingSoon.net, The Independent, London Evening Standard, Wall Street Journal, Silicon UK, Florida Politics, Benzinga, The Daily Beast, Mastodon, Australia & World, Social Media Today, Mothership.SG, Politico, GSMArena.com, Neowin, Bloomberg, Newsweek, and CNBC
New York Times:
Alex Barinka / Bloomberg:
Andy Greenberg / Wired:
Cisco details a hacking campaign that penetrated multiple governments' networks using two zero-day flaws in its VPN and firewall Adaptive Security Appliances  —  Sources suspect China is behind the targeted exploitation of two zero-day vulnerabilities in Cisco's security appliances.
Ben Glickman / Wall Street Journal:
IBM agrees to buy HashiCorp, which helps companies manage cloud infrastructure, in a deal valuing HashiCorp at $6.4B and expected to close by the end of 2024  —  IBM will pay $35 a share for the cloud-software company in cash, giving it access to HashiCorp's roster of some 4,400 clients
David Pierce / The Verge:
Hands-on with the Rabbit R1: a fun and funky AI device that feels pretty nice and does a solid job with basic AI questions, but the Rabbithole app is unfinished  —  There were times I wasn't sure the Rabbit R1 was even a real thing.  The AI-powered, Teenage Engineering-designed device came …
Bob Van Voris / Bloomberg:
US prosecutors charge two founders of Samourai Wallet, saying the crypto mixing service facilitated more than $100M in money laundering transactions  —  - US prosecutors say Samourai Wallet was ‘haven for criminals’  — Europol has said crypto mixing services are a ‘top threat’
Shubham Sharma / VentureBeat:
Apple researchers share OpenELM, a family of LLMs with 270M to 3B parameters, designed to run on-device, and pre-trained and fine-tuned on public datasets  —  Just as Google, Samsung and Microsoft continue to push their efforts with generative AI on PCs and mobile devices …
Shubham Sharma / VentureBeat:
Snowflake announces Arctic, an LLM optimized for enterprise tasks such as SQL generation, coding, and instruction following, with an Apache 2.0 license  —  Today, Snowflake announced the launch of Arctic, a large language model (LLM) optimized for complex enterprise workloads such as SQL generation …
Kyle Wiggers / TechCrunch:
AI coding assistant startup Augment emerges from stealth with a $227M Series B at a $977M post-money valuation, following a $25M Series A led by Sutter Hill  —  AI is supercharging coding — and developers are embracing it.  —  In a recent StackOverflow poll, 44% of software engineers …
Aisha Malik / TechCrunch:
WhatsApp rolls out passkey support on iOS, removing the need for users to deal with SMS one-time passcodes, six months after introducing the feature on Android  —  WhatsApp is introducing support for passkey verification on iOS, removing the need for users to deal with SMS one-time passcodes.
Joanna Nelius / The Verge:
Qualcomm details its Snapdragon X Plus and X Elite chips; benchmarks from a demo suggest the chips match Apple's M3, Intel's Core Ultra 9, and AMD's Ryzen 9  —  On Wednesday, Qualcomm announced the impending arrival of its Snapdragon X Plus laptop processor alongside more information …

Sponsor Posts

Airtable:
Meet Airtable ProductCentral  —  The unified solution for managing your entire product development process in the AI era.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
Zoho Forms for successful Black Friday sales  —  Black Friday is a retail frenzy that can significantly impact your bottom line.  To make the most of this shopping bonanza, you need a strategy that not only attracts customers …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Mon. 11/04 - Apple Buying And Investing In Things
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:10 AM ET, April 25, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Foo Yun Chee / Reuters:

Earlier Picks

Ingrid Lunden / TechCrunch:
Brian McGleenon / The Block:
Meir Orbach / CTech:
Tom Warren / The Verge:
Wall Street Journal: