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May 7, 2024, 8:30 AM
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| 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
More: Tech Advisor, Engadget, PCMag, The Verge, Game Developer, Android Authority, IGN, RTÉ, Variety, VideoCardz.com, Gizchina, Spyglass, Tom's Guide, Video Games Chronicle, Neowin, Destructoid, T3, Eurogamer.net, Press Start, Wccftech, Dot Esports, Reuters, GoNintendo, Nintendo World Report Updates, and Gematsu
Forums: r/NintendoPH, r/nintendo, r/NintendoSwitch, r/Genshin_Impact, and r/Games
| Kosaku Narioka / Wall Street Journal: |
Nintendo reports net profit up 13% YoY to ~$3.2B in the past fiscal year and expects profit to drop 39% YoY and revenue to drop 19% YoY in this fiscal year — The Japanese videogame maker expects revenue to fall 19% for the fiscal year that started in April 1| 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 …
More: Barron's Online, MacRumors, Financial Express, 9to5Mac, iMore, Proactive, BGR, Supercharged, 24/7 Wall St., iThinkDifferent, Reuters, Investing.com, TrendForce Insights, Benzinga, AppleInsider, MarketWatch, TweakTown, CNBC, The Decoder, The Verge, and NewsBytes
Threads: @arunsees. X: @markgurman, @patrickmoorhead, @benbajarin, @wholemarsblog, @aatilley, and @soft_fox_lad
Forums: r/apple and r/wallstreetbets
| 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.
More: BBC, Silicon Republic, Engadget, Politico, Reuters, The Independent, Financial Times, ITPro, Infosecurity, The Times, Cyber Daily, Telegraph, Benzinga, The Guardian, Metro.co.uk, and The Sun
X: @jeromestarkey, @skynews, @inglesongrey, @johnhealey_mp, @samfr, @samcoatessky, @nathanlawkc, @committeeonccp, and @realbenbloch
Forums: r/cybersecurity, r/China, r/news, r/LessCredibleDefence, r/TheCivilService, r/worldnews, r/ukpolitics, and r/unitedkingdom
| New York Times: |
Sources and messages: Binance compliance officer Tigran Gambaryan told executives and Nigerian contacts of a $150M crypto bribe request, prior to his arrest — A compliance officer for the cryptocurrency exchange told senior executives and Nigerian contacts that the company had been asked to pay $150 million in crypto.
More: Binance Blog, Bloomberg, Decrypt, DL News, The Block, CoinDesk, Reuters, Semafor, Bitcoin Insider, Crypto Briefing, Coinpedia Fintech News, Cointelegraph, Blockonomi, CryptoSlate, crypto.news, and CoinGape
X: @_richardteng, @kmhall82, and @flitteronfraud
| 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 …
More: Leviathan Security Group, Krebs on Security, and Ghacks
Mastodon: @bastardsheep@aus.social and @vanhoefm@infosec.exchange
Forums: Hacker News, Hacker News, r/privacy, r/technews, r/technology, r/homelab, Lobsters, Slashdot, and Ars OpenForum
| David E. Sanger / New York Times: |
US and Chinese diplomats plan to meet later in May to find common ground on AI usage and situations where AI should be banned, like controlling nuclear arsenals — The new U.S. approach to cyberthreats comes as early optimism about a “global internet” connecting the world has been shattered.
More: United States Department …, SecurityWeek, and Cybernews.com
X: @secblinken, @secblinken, @ericgeller, and @ravirockks
| Aisha S Gani / Bloomberg: |
UK banking app Revolut launches Revolut X, a crypto trading service to let “experienced traders” buy and sell 100+ different tokens, with 0% to 0.09% fees — The new platform, called Revolut X, will allow “experienced traders” to buy and sell over 100 different tokens, according to a statement on Tuesday.
More: Revolut, CoinDesk, Cryptonews, CCN.com, Cointelegraph, The Block, The Crypto Times, Blockonomi, and crypto.news
| 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 …
More: Google Cloud Blog, The Verge, TechRadar, VirusTotal Blog, SiliconANGLE, Quartz, and SecurityWeek
| Rick Claypool / Public Citizen: |
OpenSecrets: crypto sector-backed super PACs have raised $102M+ so far, the third-most of 2024 election PACs, including $54M from companies like Coinbase — Key Findings — Super PACs backed by the cryptocurrency sector have raised more than $102 million, the third-most of all super PACs engaged …
More: Politico, Reuters, CryptoSlate, PYMNTS.com, CoinGape, Cointelegraph, and The Crypto Times
| Ingrid Lunden / TechCrunch: |
Akamai agrees to acquire Noname Security, which finds and fixes API vulnerabilities, for ~$450M, closing in Q2 2024; Noname was valued at $1B in December 2021 — A couple of weeks ago, TechCrunch broke the news that Akamai was in discussions to acquire Noname Security, a specialist in API security, for around $500 million.
More: Globes Online, CTech, Akamai Technologies, Inc., and Help Net Security
| Olivia Poh / Bloomberg: |
Amazon announces plans to double its cloud infrastructure investment in Singapore to $9B over the next four years, to meet the cloud and AI demand — - Cloud operator is latest global tech company to target region — Firms grow in Southeast Asia as they diversify away from China| Nqobile Dludla / Reuters: |
Amazon launches its online store in South Africa, offering same-day and next-day delivery and 3,000+ pickup points, challenging local rivals like Takealot.com — Amazon (AMZN.O) launched its online shopping service in South Africa on Tuesday, challenging a number of online retailers dominated by Naspers' (NPNJn.J) Takealot.com.
More: About Amazon, TechCrunch, Techpoint Africa, Memeburn, WeeTracker, and TechCabal
| 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 …
More: Ars Technica, Reuters, InfoWorld, PYMNTS.com, Analytics India Magazine, The News International, YourStory, Hindustan Times, TechPowerUp, XDA Developers, Neowin, SiliconANGLE, Mobile World Live, Gizchina, Seeking Alpha, Quartz, The Decoder, NewsBytes, Business Times, Benzinga, Tech.co, PCMag, Thurrott, Hypebeast, Android Headlines, Tech Startups, and Marcus on AI
Threads: @marcslove. X: @_xjdr, @garymarcus, @danielnewmanuv, @far__el, @bindureddy, @zerohedge, @xlr8harder, @dhinchcliffe, @aaronpholmes, @how_many_roads_, @andrewcurran_, @dorialexander, @alice_comfy, @steph_palazzolo, @benbajarin, and @aaronpholmes
LinkedIn: Kevin Scott and Aaron Holmes
Forums: r/artificial, r/singularity, Slashdot, and Ars OpenForum
| 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 — Wayve, a U.K.-born startup developing a self-learning rather than rule-based system for autonomous driving …
More: eeNews Europe, The Guardian, Financial Times, New York Times, Tech.eu, Benzinga, TNW, Self Drive News, UKTN, KrASIA, Silicon Republic, Wayve, Cryptopolitan, Tech Funding News, Silicon Canals, Mobile World Live, Wall Street Journal, City A.M., Tech Startups, SiliconANGLE, Reuters, Proactiveinvestors UK, South China Morning Post, and CNBC
| 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 …
More: arXiv.org, Cryptopolitan, PYMNTS.com, TheSequence, and MarkTechPost
X: @omarsar0, @intrstllrninja, @intuitmachine, @itshesamsheikh, @ethan_smith_20, @lchoshen, @akkikiki, @bentheegg, @woojinrad, @bentheegg, @ccui42, @rohanpaul_ai, @leavittron, @cto_junior, @srchvrs, @_akhaliq, @amaury_hayat, @yuchenj_uw, @srchvrs, @alexgdimakis, @vikhyatk, @arankomatsuzaki, @mrcatid, @_mira___mira_, @teortaxestex, @arankomatsuzaki, @yampeleg, @shxf0072, @teortaxestex, @code_star, @tianle_cai, @teortaxestex, @archiexzzz, @drummatick, @kyleliang5, and @emollick
| Andrew J. Hawkins / The Verge: |
Instacart partners with Uber Eats to expand into restaurant takeout, offering deliveries powered by Uber via Instacart's app or website in the coming weeks — Grocery delivery service Instacart is expanding into restaurant takeout thanks to a new partnership with Uber Eats.
More: Bloomberg, Wall Street Journal, Instacart, and Chain Store Age
| 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.
More: Cryptopolitan and Vanity Fair
X: @thecorollary, @apjoshgoodman, @blmohr, @nbeaudrot, @carahong, and @afarray
Forums: r/inthenews and r/politics
| 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 …
More: FinTech Global, SecurityWeek, Synopsys, Inc., FinSMEs, SiliconANGLE, and PitchBook
X: @synopsysappsec, @iancutress, and @synopsys
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| Rohan Goswami / CNBC: |
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