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May 8, 2024, 12:35 PM
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| Demetri Sevastopulo / Financial Times: |
The US Commerce Department revokes some export licenses that let companies ship chips and other goods to Huawei; sources say the move affects Intel and Qualcomm — Move marks latest effort by Biden administration to target the country's tech sector — The Biden administration …
More: Engadget, Tom's Hardware, Bloomberg, CNBC, The Verge, Silicon Valley Business …, Semafor, Washington Post, Quartz, Android Authority, TechRadar, Reuters, Liliputing, Reuters, International Business Times, Benzinga, TrendForce Insights, Electronic Specifier, Neowin, BBC, Forbes, Proactive, The Register, Mobile World Live, Wccftech, Benzinga, and Reuters
X: @senmarcorubio, @samirkhazaka, @julianku, @niubi, @jcawley01, @denisewu, @james_t_quinn, @james_t_quinn, @dimi, @jchengwsj, @kristinaparts, @jcawley01, @macaesbruno, and @nikstankovic_. Forums: Hacker News
| Lynn Doan / Bloomberg: |
Intel expects its Q2 revenue to be “below the midpoint” of the company's previously guided $12.5B to $13.5B range because of a new US ban on Huawei chip exports — US Revokes Intel and Qualcomm Licenses to Sell Chips to Huawei — Intel Corp. expects second-quarter revenue …
| Reuters: |
Sources: US prosecutors are examining if Tesla committed securities or wire fraud by misleading investors and consumers about Autopilot and Full Self-Driving — U.S. prosecutors are examining whether Tesla (TSLA.O) committed securities or wire fraud by misleading investors and consumers …
More: The Verge, PYMNTS.com, Ars Technica, Gizmodo, The Information, Barron's Online, Wall Street Journal, South China Morning Post, MobileSyrup, Quartz, Business Insider, Breakfast At Ralf's, Electrek, Benzinga, and TweakTown
Mastodon: @carnage4life@mas.to. Bluesky: @marypcbuk.bsky.social. X: @deitaone. Forums: Hacker News, r/technology, r/wallstreetbets, and r/RealTesla
| Michael Peel / Financial Times: |
Google DeepMind and Isomorphic Labs detail AlphaFold 3, an AI model of life's building blocks and their interactions within cells, with sophisticated forecasts — AlphaFold 3 aims to reveal biological secrets and boost drug search efforts — Google DeepMind has unveiled …
More: The Keyword, TechCrunch, New York Times, MIT Technology Review, Fortune, Wired, New Scientist, Invezz, STAT, and ENDPOINTS NEWS
| Wesley Yin-Poole / IGN: |
Memo: Microsoft's Xbox plans to shut down multiple Bethesda studios and consolidate teams to prioritize high-impact titles and invest in Bethesda's portfolio — Staff told via email. — Microsoft has closed a number of Bethesda studios, including Redfall maker Arkane Austin …
More: The Verge, Tom's Hardware, GamesIndustry.biz, HotHardware, IGN, GamesIndustry.biz, PC Gamer, Gameranx, TechRaptor, Video Games Chronicle, TechRadar, Destructoid, Pure Xbox, TrueAchievements, GameSpot, Wccftech, Push Square, and Neowin
Threads: @charstring. Mastodon: @glecharles@zirk.us. X: @dbakaba, @arkanestudios, @tangogameworks, @qwik, @pilestedt, @shinji_mikami, @locust9, @theswweet, @carnage4life, @daveoshry, @cromwelp, @thomasmahler, @wyp100, @poweredbyidtech, @gamescage_, @rcmacleod, @astralberryy, @dark1x, and @yozetty
LinkedIn: Hailey Rojas, George Greer, Liz Chepul, and Jeff Gardiner
| William Gallagher / AppleInsider: |
Apple releases an iPad Pro ad, titled “Crush”, showing paints, toys, guitars, and more being crushed to reveal the device, drawing criticism on social media — The minute-long Apple ad showing art equipment and materials being crushed down into the new iPad Pro is being called heartbreaking, wanton, and creepy.
More: Apple on YouTube, NBC News, XDA Developers, MacRumors, PCMag, VentureBeat, Business Insider, BGR, The Daily Caller, Kotaku, The Mac Observer, Cult of Mac, Ad Age, The Drum, Consequence, iClarified, and The Verge
X: @tim_cook, @bcmerchant, @bcmerchant, @teroterotero, @teroterotero, @alexroy144, @matthewstoller, @nick_kapur, @thestalwart, @joecarlsonshow, @mikerugnetta, @anylaurie16, @lmlauramarsh, @isaiah_bb, @robertwrighter, @bennjordan, @byronyork, @katiepavlich, @patrickdeneen, @lulumeservey, @adamsinger, @jamiesont, @jacquesgreene, @locust9, @morgothsreview, @dark1x, @bengeskin, @ositanwanevu, @tomfgoodwin, @hkesvani, @tomandlorenzo, @jysexton, @sarahkendzior, @danielpriestley, @byyourlogic, @hackedoffhugh, @carnage4life, @jamesmelville, @theadamsass, @sarahbadr, @asifkapadia, @dollydeighton, @greg_jenner, @harikunzru, @postoctobrist, @david_rudnick, @swiftonsecurity, @alicelowe, and @schillingc. Forums: MacRumors Forums
| Rachel Metz / Bloomberg: |
Source: OpenAI is developing a ChatGPT feature that can search the web and show results with images alongside written responses and citations to sources — The feature would let ChatGPT users search the web and cite sources in its results. — OpenAI is developing a feature for ChatGPT …
More: Search Engine Land, Thurrott, Hypebeast, and The Decoder
X: @carnage4life and @paul__walsh
Forums: r/singularity and r/ChatGPT
| Natalie Lung / Bloomberg: |
Uber reports Q1 revenue up 15% YoY to $10.1B, Gross Bookings up 20% YoY to $37.7B, below $38B est., and adjusted EBITDA up 82% YoY to $1.4B; UBER falls 5%+ — - Bookings growth still tops 20% on rides, order frequency gains — Operating profit falls on anticipated legal fees, settlements
More: Uber, Investor's Business Daily, Benzinga, Finbold, CNBC, New York Post, New York Times, Quartz, Fast Company, Reuters, and Financial Times
X: @deitaone and @economyapp
| Tom Dotan / Wall Street Journal: |
Microsoft plans to invest $3.3B to build a data center in Mount Pleasant, Wisconsin, and train locals, alongside investing in a University of Wisconsin AI lab — Company has been on a global spending spree, trying to build infrastructure and goodwill for artificial intelligence
More: The White House, Microsoft, DatacenterDynamics, Windows Central, Gizmodo, The Verge, NBC News, Neowin, PCMag, BetaNews, Reuters, Bloomberg, Nikkei Asia, and New York Times
| Jennifer Pattison Tuohy / The Verge: |
The Connectivity Standards Alliance releases Matter 1.3, adding support for more appliances, energy and water management, and new casting protocol features — The latest Matter spec brings a number of improvements to the smart home standard founded by Apple, Google, Amazon, and Samsung.
More: CSA-IOT, PCMag, MacRumors, 9to5Google, Digital Trends, The Ambient, TechHive, AppleInsider, ZDNet, 9to5Mac, CNET, Tom's Guide, iClarified, Redmond Pie, and Internet of Things News
| Spencer Soper / Bloomberg: |
Shopify reports Q1 revenue up 23% YoY to $1.9B, GMV up 23% YoY to $60.9B, and expects gross margins to drop by ~50 basis points YoY in Q2; SHOP plummets 18%+ — - Gross margins in current quarter are expected to narrow — President: ‘This is how you achieve long-term durable growth’
More: The Information, Finbold, Barron's Online, Quartz, Investor's Business Daily, BetaKit, Shopify, CNBC, and Reuters
| André Beganski / Decrypt: |
Robinhood CEO Vlad Tenev decries a “regulatory onslaught” and calls US SEC actions “another improper attempt by the administrative state to stifle innovation” — Though Robinhood Crypto thought its “safety-first” approach was distinct, the SEC said that enforcement action is on its way.
More: US Securities …, Cryptonews, The Daily Hodl, and Crowdfund Insider
X: @vladtenev, @vladtenev, @brian_armstrong, @justinscerini, @kpaapept3, @thinkingcrypto1, @pat_mcdermott17, @zeuslfg, @trustlessstate, @meta_rach, @deeglide22, @kenashe, @samoyedcoin, @waynevaughan, @dogecoin_mogul, @alexanderfisher, @coqinuavax, @mr_derivatives, @eduardbrichuk, @soumyazen, @zer0_xiii, @eastvillagesnap, @tydyecortex1, @shaughnessy119, and @iampaulgrewal
| Steven Church / Bloomberg: |
FTX says it will have as much as $16.3B to distribute after selling all of its assets; FTX owes ~$11B to 2M+ customers and other non-governmental creditors — - Crypto customers to get interest on what FTX owes them — Bankrupt firm updates plan to divide cash among creditors
More: FTX, Washington Post, The Block, The Verge, Decrypt, Associated Press, CoinDesk, Engadget, Quartz, The Guardian, Blockworks, crypto.news, The Block, CNN, CryptoSlate, Cryptopolitan, Fortune, NBC News, BBC, TechCrunch, Protos, CNBC, Watcher Guru, Cryptonews, Proactive, Coinpedia Fintech News, Bitcoinist.com, CryptoGlobe, Cointelegraph, Blockonomi, CoinGape, CryptoPotato, Coinspeaker, The Pomp Letter, New York Times, Financial Times, and Reuters
| Reuters: |
Sources: the US Commerce Department is considering a new regulatory push to restrict the export of proprietary or closed source AI models to China — The Biden administration is poised to open up a new front in its effort to safeguard U.S. AI from China with preliminary plans … | Tom Warren / The Verge: |
Microsoft plans to add a new auto-complete feature that offers suggestions to improve AI prompts to Copilot for Microsoft 365 in the coming months — Microsoft is attempting to solve the problem of coming up with a good prompt for generative AI, aiming to turn everyone into a prompt engineer.
More: Thurrott, PCWorld, ZDNet, MSPoweruser, Windows Central, Neowin, Fast Company, and Petri IT Knowledgebase
| Georgia Butler / DatacenterDynamics: |
Google says “rare issues at Google Cloud” caused a week-long private cloud outage at UniSuper, an Australian pension fund for the education and research sectors — Google problems resulting in an inadvertent misconfiguration of UniSuper's systems
More: UniSuper, The Register, and Cyber Daily
X: @quinnypig, @gergelyorosz, @seventhsec, @setheliot, @ajdlinux, and @jasonandrade
| The Guardian: |
An investigation finds a vast web of fake shops run from China touting designer brands that duped 800K+ people in Europe and the US into sharing personal data — Exclusive: Vast web of fake shops touting designer brands took money and personal details from 800,000 people in Europe and US, data suggests| Andrew J. Hawkins / The Verge: |
Filing: Orlando-based lidar manufacturer Luminar says Tesla was its “largest LiDAR customer in Q1”, contributing 10%+ of its revenue, or ~$2.1M for the quarter — Elon Musk previously dismissed the laser sensor as a ‘crutch’ and said that any company relying on lidar to power self-driving was ‘doomed.’
More: Inc.com and Benzinga
Bluesky: @darthbluesky.bsky.social. Forums: r/EnoughMuskSpam, r/MVIS, r/RealTesla, and r/SelfDrivingCars
| Ivan Mehta / TechCrunch: |
Bluesky details its product roadmap: an off-protocol DM system to facilitate one-on-one chats, improved custom feeds, anti-harassment tools, and video support — Bluesky has launched a new product roadmap for the coming months. The decentralized social network said on Tuesday that it is planning … | Kate Park / TechCrunch: |
Samsung Electronics' medical device unit Samsung Medison plans to acquire Paris-based Sonio, which makes AI-powered ultrasound workflows software, for ~$92.7M — Samsung Medison, a medical device unit of Samsung Electronics that specializes in developing diagnostic imaging devices …
More: Samsung Newsroom, Cryptopolitan, KED Global, Korea Joongang Daily, Tech Xplore, and Sammy Fans
| Financial Times: |
The UK is investigating “potential failings” at IT contractor SSCL, which was breached by suspected Chinese hackers to expose payroll records for 272K people — Grant Shapps announces investigation into attack by ‘malign actor’ that targeted up to 270,000 military personnel records
More: The Record, GOV.UK, The Register, and Sky News
| Stephanie Palazzolo / The Information: |
DatologyAI, which aims to help researchers better curate AI training datasets, raised a $46M Series A led by Felicis, after a $11.65M seed in February 2024 — For all that's leaked about the sizes and architectures of the advanced large language models developed by OpenAI and its ilk … | Zheping Huang / Bloomberg: |
TikTok vs. US filing: ByteDance founder Zhang Yiming owns a 21% stake in TikTok's parent company, and is living in Singapore while keeping Chinese citizenship — - Zhang has a 21% stake in the world's most valuable startup — Chinese tech founders have built up a presence on the island| Ruth Olurounbi / Bloomberg: |
Nigeria's Information Ministry says Binance CEO Richard Teng “made false allegations of bribery” against unnamed Nigerian officials, after a $150M bribe claim — - Government says allegation ‘lacks any iota of substance’ — Binance under pressure amid focus on crypto role in naira woes
More: Nairametrics, Cointelegraph, Fortune, Reuters, and New York Times
| Simon Willison / Simon Willison's Weblog: |
OpenAI built the gpt2-chatbot, renamed to “im-also-a-good-gpt-chatbot”, per the gpt2-chatbot's 429 rate limit error message, which appeared in the LMSYS arena — gpt2-chatbot confirmed as OpenAI (via) The mysterious gpt2-chatbot model that showed up in the LMSYS arena a few days ago …
More: r/singularity and Analytics India Magazine
| Bloomberg: |
Microsoft closes the engineering section of its Africa Development Center in Nigeria, two years after its opening, reportedly impacting 100+ engineers — The Lagos center, one of two on the continent - the other being in Kenya - was opened in 2022 to deliver high-end engineering solutions for Microsoft.
More: The Guardian Nigeria, Punch Newspapers, Tekedia, Techpoint Africa, and Benzinga. X: @carnage4life
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