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May 7, 2024, 4:20 AM
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Top News

Takashi Mochizuki / Bloomberg:
Nintendo President Shuntaro Furukawa says the company plans to announce its Switch successor in the coming year; the Switch has sold 141M+ units since 2017  —  - Company missed profit estimates for the March quarter  — Outlook falls shy of expectations as flagship console ages
Wall Street Journal:
Sources: Apple has been working on its own chip designed to run AI software in data center servers; the project is internally codenamed Project ACDC  —  The company is leaning on its long history of chip development in the effort, code-named Project ACDC  —  Apple has been working …
Sky News:
Sources: China has hacked a payroll system used by the UK's Ministry of Defence, targeting service personnel; names and bank details have been exposed  —  MPs will be told on Tuesday of a massive data breach involving the Ministry of Defence, targeting service personnel.
Aaron Holmes / The Information:
Sources: Microsoft is training MAI-1, a new, in-house AI model with ~500B parameters, large enough to compete with top models from Google, Anthropic, and OpenAI  —  For the first time since it invested more than $10 billion into OpenAI in exchange for the rights to reuse the startup's AI models …
Dan Goodin / Ars Technica:
Researchers detail an attack against many VPN apps that force them to send some or all traffic outside of the VPN encrypted tunnel; Android mitigates the flaw  —  TunnelVision vulnerability has existed since 2002 and may already be known to attackers.  —  Researchers have devised an attack …
Ben Dickson / VentureBeat:
A study by Meta researchers suggests that training LLMs to predict multiple tokens at once, instead of just the next token, results in better and faster models  —  In a recent study, researchers at Meta, Ecole des Ponts ParisTech and Université Paris-Saclay suggest improving the accuracy …
Kyle Alspach / CRN:
Google Cloud unveils Google Threat Intelligence, which uses Gemini and combines insights from Mandiant, VirusTotal, and Google to provide faster protection  —  Launched at RSAC 2024, the new Google Threat Intelligence offering provides faster protection against threats by combining insights from Mandiant …
Reuters:
Synopsys agrees to sell its Software Integrity Group business to a private equity consortium led by Clearlake and Francisco Partners, in a deal valued at $2.1B  —  Synopsys (SNPS.O) will sell its software integrity (SIG) unit to a private equity consortium led by Clearlake Capital …
Kyle Wiggers / TechCrunch:
Stack Overflow signs a deal with OpenAI to supply data to its models; new integrations between Stack Overflow and OpenAI should be available by the end of June  —  OpenAI is collaborating with Stack Overflow, the Q&A forum for software developers, to improve its generative AI models' performance on programming-related tasks.
Associated Press:
A look at Campaign Nucleus, an AI company from ex-Trump campaign manager Brad Parscale, who says its AI can generate emails, gauge voter sentiment, and more  —  Donald Trump's former campaign manager looked squarely into the camera and promised his viewers they were about to witness a bold new era in politics.
Forbes:
A look at the trademark dispute over the name AGI House between two rival hacker houses, one in Hillsborough and the other in Twin Peaks in the Bay Area  —  Two rival hacker houses, both claiming the name “AGI House,” have attracted the attention of Silicon Valley's biggest names.

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This is a Techmeme archive page. It shows how the site appeared at 4:20 AM ET, May 7, 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.

From Mediagazer

Wall Street Journal:
Sources: Disney board members are exploring fresh candidates in their search for a successor to Bob Iger, including EA CEO Andrew Wilson

Benjamin Mullin / New York Times:
Nicholas Carlson unveils Dynamo, a video-focused company that aims to make “cinematic” stories, and raised $3.4M from Henry Blodget, Jessica Lessin, and others

Le Monde:
Le Monde, Le Figaro, Les Echos, and other French news outlets sue X, accusing it of running their content without paying, violating so-called neighboring rights

More News

Mike Butcher / TechCrunch:
UK-based Wayve, which is developing a self-learning system for autonomous driving, raised a $1.05B Series C led by SoftBank, the UK's largest AI fundraise ever
Kyle Wiggers / TechCrunch:
DocuSign says it is acquiring contract workflow automation startup Lexion for $165M; Lexion had raised $35.2M

Earlier Picks

Erin Griffith / New York Times:
The increase of stock sales in privately held companies leads to tensions within startups like Stripe; Sacra says the market could grow 40% YoY to $64B in 2024
Aoyon Ashraf / CoinDesk:
Filing: Robinhood's crypto arm got a Wells notice from the US SEC on May 4; on June 27, 2023, Robinhood ended support for tokens named in previous SEC lawsuits
Adamya Sharma / Android Authority:
YouTube rolls out Jump Ahead, which uses AI to let users jump to parts of a video where most viewers skip ahead, to all US Premium members using its Android app
Counterpoint Research:
iPhone 15 Pro Max was Q1's best-selling smartphone; Pro phones were 50% of Apple's sales, up from 24% in 2020; Apple and Samsung each had five phones in top 10
Emily Nicolle / Bloomberg:
Visa and Allium Labs: less than 10% of the ~$2.2T stablecoin transactions in April were “organic payments activity”, which excludes bots and large-scale traders
Anthony Ha / TechCrunch:
Bluesky confirms Jack Dorsey left its board and says the public benefit company is searching for a new board member; Dorsey announced Bluesky in December 2019
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