Techmeme
May 9, 2024, 4:10 AM

Top News

Jason Schreier / Bloomberg:
Sources: Microsoft plans more cuts after closing several game studios, as the massive Activision acquisition has ramped up scrutiny on the Xbox division  —  Xbox is offering voluntary severance agreements to producers, quality assurance testers and other staff at ZeniMax as part of a broader cost-cutting initiative
Ash Parrish / The Verge:
Town hall: Xbox Game Studios head Matt Booty discussed wanting small and prestigious games, after closing the studio behind a small, prestigious hit Hi-Fi Rush  —  Today, one day after Microsoft announced that it would shut down four of its games studios, Matt Booty, head of Xbox Game Studios …
Dallin Grimm / Tom's Hardware:
Some Stack Overflow users say their account was suspended after they attempted to alter their posts in protest of its OpenAI partnership to supply data for AI  —  Stack Overflow is overflowing with salt.  —  Stack Overflow, a legendary internet forum for programmers and developers …
Mark Gurman / Bloomberg:
A look at potential successors to Tim Cook; sources say Apple's hardware engineering chief John Ternus is the most likely long-term successor  —  John Ternus, the head of hardware engineering, is emerging as a potential successor to the CEO.  —  Tim Cook has transformed Apple Inc. since taking …
Carl Franzen / VentureBeat:
OpenAI publishes Model Spec, which specifies how its models should behave, including objectives, rules, and default behaviors, and asks the public for feedback  —  OpenAI isn't done trying to live up to the “open” in its name.  —  While not making any of its new models open source …
Michael Peel / Financial Times:
Google DeepMind and Isomorphic Labs detail AlphaFold 3, an AI model to predict interactions and structures of proteins, DNA, RNA, more, beating many top methods  —  AlphaFold 3 aims to reveal biological secrets and boost drug search efforts  —  Google DeepMind has unveiled …
Pratik Jain / Reuters:
US hospital operator Ascension reports disruptions to its clinical operations due to a suspected cybersecurity incident and engages Mandiant to help investigate  —  Hospital operator Ascension reported disruptions to its clinical operations on Wednesday due to a suspected cybersecurity incident …
Jesse Pound / CNBC:
Robinhood reports Q1 revenue up 40% YoY to $618M, vs. $549M est., crypto transaction revenue up 232% to $126M, net income of $157M, vs. a net loss of $511M YoY  —  Shares of Robinhood rose in extended trading Wednesday afternoon after the retail brokerage announced stronger-than-expected first-quarter results.
Lorenzo Franceschi-Bicchierai / TechCrunch:
Ashley Capoot / CNBC:
Airbnb reports Q1 revenue up 18% YoY to $2.14B, vs. $2.06B est., Nights and Experiences Booked up 9.5% YoY, and Q2 guidance below est.; ABNB drops 8%+  —  In this photo illustration, the Airbnb logo is displayed on a computer monitor and cell phone on February 13, 2024 in Los Angeles, California.
BBC:
Ofcom proposes new rules requiring tech companies to change their algorithms to hide “toxic” material from children, have more robust age checks, and more  —  Ofcom has warned social media sites they could be named and shamed - and banned for under-18s - if they fail to comply with new online safety rules.
Reuters:
Arm reports Q4 revenue up 47% YoY to $928M, vs. $875.6M est., royalty revenue up 37% YoY, and forecasts FY 2025 revenue below est.; ARM drops 9%+  —  Chip designer Arm Holdings (O9Ty.F), gave a fiscal first-quarter revenue forecast on Wednesday that beat Wall Street's expectations, but its full-year forecast was below expectations.
Nikkei Asia:
SIA and BCG: by 2032, the US will have the capacity to manufacture 28% of chips below 10nm, while China is expected to make only 2% of the most advanced chips  —  U.S. set to triple its semiconductor manufacturing capacity due to CHIPS Act  —  LOS ANGELES — The U.S. is set to more than triple …
Maggie Harrison / Futurism:
An investigation into AdVon, the company behind Sports Illustrated's fake writers, finds its AI content and fake authors at the LA Times, Miami Herald, and more  —  Remember that AI company behind Sports Illustrated's fake writers?  We did some digging — and it's got tendrils into other surprisingly prominent publications.
William Gallagher / AppleInsider:
Apple's iPad Pro ad “Crush”, which shows paints, toys, guitars, sculptures, and more being crushed to reveal the thin device, draws 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, Axios, The Verge, The Hollywood Reporter, NBC News, Laptop Mag, Fast Company, Wall Street Journal, Deadline, Adweek, Variety, New York Times, MobileSyrup, The Wrap, Philip Elmer‑DeWitt, Washington Post, CNN, HEY, Bloomberg, Cult of Mac Today, The Daily Dot, SFGATE, The Atlantic, Campaign Middle East, 80 Level, TechCrunch, Inc.com, Mashable, Vulture, NME, Patently Apple, The Register, iMore, Business Insider, PCMag, Kotaku, Ad Age, The Drum, iClarified, and The Verge

Sponsor Posts

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More News

Nicholas Yong / Rest of World:
Shahram Mokhtari / iFixit News:
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Earlier Picks

Jennifer Pattison Tuohy / The Verge:
Lynn Doan / Bloomberg:
Reuters:
Spencer Soper / Bloomberg:
Natalie Lung / Bloomberg:
Tom Dotan / Wall Street Journal: