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May 8, 2024, 10:35 PM
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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
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 …
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 …
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 …
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:
UK and US authorities identify and charge the leader of the LockBit ransomware gang, a 31-year-old Russian national; the US also issued sanctions against him
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 …
Ashley Capoot / CNBC:
Airbnb reports Q1 revenue up 18% YoY to $2.14B, vs. $2.06B est., Nights and Experiences Booked up 9.5%, and Q2 guidance below est.; ABNB drops 8%+ after hours  —  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.
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, New York Times, NBC News, The Hollywood Reporter, SFGATE, CNN, The Atlantic, Fast Company, HEY, Deadline, MacRumors, Philip Elmer‑DeWitt, TechCrunch, 80 Level, Variety, The Wrap, Bloomberg, Agence France-Presse, Sandhill Report, MobileSyrup, iMore, The Register, XDA Developers, The Independent, PCMag, BGR, Mind Matters, The Mac Observer, The Information, Washington Post, SWAMY WORLD, Business Insider, Cult of Mac Today, The Daily Dot, Mashable, NME, Patently Apple, Vulture, Kotaku, Inc.com, Ad Age, The Drum, iClarified, and The Verge
Threads: @craigmod, @anildash, @gwhitta, @tomwarrenuk, and @joelt999
Mastodon: @yiningkarlli@mastodon …, @virtualbri@mastodon.online, and @Richard_Littler …
X: @hackedoffhugh, @kepano, @neilcybart, @counternotions, @dhh, @markgurman, @michaelmiraflor, @oliversegovia, @rezawrecktion, @fchollet, @fchollet, @alexroy144, @jamiesont, @adamsinger, @jacquesgreene, @mr_james_c, @locust9, @zemotion, @ositanwanevu, @asifkapadia, @pmddomingos, @tomfgoodwin, @sarahbadr, @jamesrbuk, @bcmerchant, @reedmorano, @sarahkendzior, @matthewstoller, @danielpriestley, @byyourlogic, @justinebateman, @stevesi, @dollydeighton, @greg_jenner, @timsweeneyepic, @sdw, @byronyork, @nick_kapur, @thestalwart, @joecarlsonshow, @ed_solomon, @morgothsreview, @harikunzru, @mikerugnetta, @lulumeservey, @anylaurie16, @angelicaoung, @patrickdeneen, @neilcybart, @mer__edith, @mgsiegler, @zemotion, @cheo_coker, @postoctobrist, @dream_arkanum, @david_rudnick, @hkesvani, @teroterotero, @mikeisaac, @katiepavlich, @jamesrbuk, @teroterotero, @reedalbergotti, @lmlauramarsh, @melmitchell1, @alexludoboyd, @maxwinebach, @isaiah_bb, @swiftonsecurity, @carnage4life, @jamesmelville, @robertwrighter, @dark1x, @alicelowe, @lmatsakis, @tomandlorenzo, @micsolana, @jysexton, @justinebateman, @emollick, @loudmouthjulia, @bennjordan, @thestalwart, @antoniogm, @bcmerchant, @theadamsass, @schillingc, and @bengeskin.  LinkedIn: Emil Protalinski
Forums: Hacker News, r/apple, and MacRumors Forums
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
Reuters:
Arm reports Q4 revenue up 47% YoY to $928M, vs. $875.6M est., royalty revenue up 37%, and forecasts FY 2025 revenue below est.; ARM drops 9%+ after hours  —  Chip designer Arm Holdings (O9Ty.F), gave a fiscal first-quarter revenue forecast on Wednesday that beat Wall Street's expectations …
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.
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 …
Spencer Soper / Bloomberg:
Shopify reports Q1 revenue up 23% YoY to $1.9B, GMV up 23% to $60.9B, expects increased operating expenses and lower profit margins in Q2; SHOP closes down 18%+  —  - Gross margins in current quarter are expected to narrow  — President: ‘This is how you achieve long-term durable growth’
Natalie Lung / Bloomberg:
Uber reports Q1 revenue up 15% YoY to $10.1B, gross bookings up 20% YoY to $37.7B, below $38B est., adjusted EBITDA up 82% YoY to $1.4B; UBER closes down 5.72%  —  - Bookings growth still tops 20% on rides, order frequency gains  — Operating profit falls on anticipated legal fees, settlements
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.
Dade Hayes / Deadline:
Disney and WBD announce a streaming bundle of Disney+, Hulu, and Max, with ad-supported and ad-free plans, beginning this summer in the US, with pricing to come  —  Disney and Warner Bros. Discovery are breaking ground in streaming with a bundled offering featuring Disney+, Hulu and Max in a single package.
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 …

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From Mediagazer

Jeremy Barr / Washington Post:
CNN confirms Kaitlan Collins as its chief White House correspondent; she will become CNN's first prime-time anchor to also serve as its top White House reporter

Mark Mwachiro / Adweek:
Norah O'Donnell plans her last CBS Evening News broadcast as anchor for January 24, 2025

Takashi Mochizuki / Bloomberg:
Sony buying Kadokawa would help reduce its reliance on outside publishers for anime IP and build out its own portfolio to support PlayStation and other products

More News

Earlier Picks

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
Kylie Robison / The Verge:
Sources: OpenAI has been aggressively trying to poach Google employees for a team working on a ChatGPT feature to search the web and show results with citations
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
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