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May 8, 2024, 10:50 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
More: The Verge, The Verge, Windows Central, Game World Observer, Metro.co.uk, Press Start, Neowin, MobileSyrup, Video Games Chronicle, TheGamer, Windows Central, Pure Xbox, TheGamer, Wccftech, Kotaku, XboxEra, Pure Xbox, Push Square, IGN, and Pure Xbox
LinkedIn: Desirée Rincón and Jason Schreier
| 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 …
More: Build5Nines, Meta Stack Overflow, Windows Copilot News, DEVCLASS, BleepingComputer, and The Verge
Mastodon: @ben@m.benui.ca, @mcc@mastodon.social, @dangillmor@mastodon.social, @rodhilton@mastodon.social, and @molly0xfff@hachyderm.io. Bluesky: @chickenpuppet.bsky.social
X: @sergioaferreira and @benwerd
Forums: Hacker News, Hacker News, r/technology, and r/programming
| 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 …
More: The Keyword, Nature, TechCrunch, The Register, The Verge, CNET, Reuters, Wired, Isomorphic Labs, The Guardian, SiliconANGLE, Forbes, The Decoder, Tech Startups, Maginative, Fast Company, MSPoweruser, Ars Technica, Invezz, New York Times, MIT Technology Review, New Scientist, STAT, and Fortune
Threads: @luokai and @alexanderjulianking
Mastodon: @freakazoid@retro.social, @glynmoody@mastodon.social, and @m@lgbtqia.space
X: @googledeepmind, @rolanddunbrack, @jankosinski, @anshulkundaje, @martinpacesa, @dawidzyla, @stephanie_mul, @pedrobeltrao, @sokrypton, @ajasjaljubetic, @r_h_ebright, @joshuaforman, @googledeepmind, @google, @maxjaderberg, @anthonygitter, @nxthompson, @nature, @menepangalos, @moalquraishi, @pronounced_kyle, @sergeiiakhnin, @isomorphiclabs, @rolanddunbrack, @pushmeet, @esyudkowsky, @tuxinming, @sundarpichai, @martinpacesa, @maxjaderberg, @erictopol, @chris_hayduk1, @cleoabram, @moalquraishi, @rolanddunbrack, @thesteinegger, @drjimfan, @sergeiiakhnin, @isomorphiclabs, @ruxandrateslo, @miwieczor, @roliroberts, @jaybradner, @fionahmarshall, @pedrobeltrao, @amoufarek, @isomorphiclabs, @googledeepmind, @sebkrier, and @shakoistslog
LinkedIn: Dex Hunter-Torricke, Leonardo De Marchi, Lila Ibrahim, and Anna Koivuniemi
Forums: r/longevity and r/science
| 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 …
More: 9to5Mac, Appleosophy, Daring Fireball, and AppleInsider
Threads: @nuclearvee, @branhillsdesign, @seth_rubenstein, and @wolfgangbremer
| 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 …
More: OpenAI, OpenAI, Wired, SiliconANGLE, TechCrunch, NPR, The Verge, and ZDNet
Threads: @extremeknibbs. X: @sama, @miramurati, @andrewcurran_, @ivan_yevenko, @minimaxir, @sama, @emollick, @voooooogel, @albfresco, @joannejang, @emollick, @haileysch__, @jaredpalmer, @yi_ding, @untitled01ipynb, @natolambert, @gdb, and @xlr8harder
LinkedIn: Adam Goldberg and Jason Wolfe
Forums: r/OpenAI, r/OpenAI, and r/singularity
| 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.| AJ Vicens / CyberScoop: |
Boeing confirms that LockBit attempted to extort a $200M ransom in October 2023; the company reportedly didn't pay any ransom after ~43GB of its data was posted — That attempt was one of multiple “extremely large” ransom demands made by LockBit over the years, authorities said.
X: @quinnypig and @shah_sheikh
| Lorenzo Franceschi-Bicchierai / TechCrunch: |
More: US Department of Justice, National Crime Agency, Analyst1, U.S. Department …, CNBC, Security Affairs, Security Affairs, and GOV.UK
LinkedIn: Brian Honan and Brian Krebs
| 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 …
More: CNN, About | Ascension, BleepingComputer, CRN, Cyber Daily, Cybernews.com, The Record, CBS News, Fierce Healthcare …, and SiliconANGLE
Forums: r/Detroit and r/baltimore
| 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.
More: Ofcom, The Verge, Telegraph, HealthcareInfoSecurity.com, LBC, Sky News, Financial Times, New Mexico Department …, The Guardian, Seeking Alpha, The Mirror, The Independent, Advanced Television, Sky News on YouTube, ITV News, London Evening Standard, BBC, Daily Mail, Forbes, Reuters, BBC, Telegraph, The Guardian, The Independent, The i Paper, Financial Times, and TechCrunch
X: @ofcom, @jamesrbuk, @bbcbreakfast, @katebevan, @talktv, @bbcfrediani, @ofcom, @jamesrbuk, @bbcbreakfast, @leng_cath, @michelledonelan, @commissionerda, @abaonline, @samfowles, @iconews, @bbcbreakfast, @portraitinflesh, @bbcbreakfast, @scitechgovuk, @ldnvictimscomm, @matthewlesh, @privacymatters, @rdlaverty, @katebevan, @alecmuffett, @onlinesafetyact, @childrenscomm, @paulbernaluk, @mrjohnnicolson, @bbcbreakfast, @laurie1984, and @gmb
LinkedIn: Emma Wright and Emma Martins
Forums: Hacker News and r/unitedkingdom
| 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, CNN, SFGATE, The Atlantic, Fast Company, HEY, Deadline, MacRumors, Philip Elmer‑DeWitt, Variety, Agence France-Presse, The Wrap, Bloomberg, TechCrunch, MobileSyrup, Sandhill Report, 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, 80 Level, 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, @benmullin, @kepano, @neilcybart, @counternotions, @dhh, @markgurman, @michaelmiraflor, @oliversegovia, @rezawrecktion, @alexroy144, @fchollet, @fchollet, @jamiesont, @adamsinger, @jacquesgreene, @mr_james_c, @locust9, @zemotion, @ositanwanevu, @asifkapadia, @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, @pmddomingos, @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
| 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 …
More: SiliconANGLE, The Information, Arm, Bloomberg, and Financial Times
X: @thetranscript_, @maxwinebach, and @arm
| 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| 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.
Mastodon: @jtlg@mastodon.lawprofs.org, @clive@saturation.social, @taylorlorenz@mastodon.social, @natematias@social.coop, and @jvagle@mastodon.lawprofs.org
| Natalie Lung / Bloomberg: |
Instacart Q1: revenue up 8% YoY to $820M, vs. $794.5M est., gross transaction value up 11% to $8.32B; CFO Nick Giovanni is retiring, replaced by Emily Reuter — - Emily Reuter named CFO after joining Instacart six months ago — Instacart reports better-than-expected first-quarter results| 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, Ars Technica, Wall Street Journal, SiliconANGLE, Business Insider, and CleanTechnica
Threads: @lorakolodny, @kbode, @gwestr, @moskov, @_broncho24, @moskov, @e.w.niedermeyer, @gwestr, and @kbode. Mastodon: @carnage4life@mas.to. Bluesky: @marypcbuk.bsky.social
| 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’
More: Shopify, Barron's Online, Business Insider, PYMNTS.com, Quartz, and Reuters
| 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
More: Uber, New York Times, CNBC, Wall Street Journal, The Motley Fool, New York Post, Financial Times, and The Verge
| 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, MacRumors, Digital Trends, 9to5Google, iClarified, Neowin, iPhone in Canada Blog, Android Headlines, ZDNet, 9to5Mac, and CNET. Forums: r/MatterProtocol
| 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.
More: Appleosophy, New York Times, Variety, CNET, Pressroom, The Verge, Bloomberg, Reuters, IGN, Adweek, The Hollywood Reporter, Los Angeles Times, BGR, and The Streamable
Mastodon: @benpocalypse@mastodon.social, @redwireless@mstdn.plus, @counternotions@mastodon …, and @troy@indieweb.social
X: @digitalshields, @benbajarin, @sherman4949, @sherman4949, @azalben, @seannyberg, and @discussingfilm. LinkedIn: Emily Chau Dea. Forums: r/boxoffice
| Jaspreet Singh / Reuters: |
Bumble reports Q1 revenue up 10.2% YoY to $267.8M, vs. $265.5M est., total paying users of ~4M, up from 3.5M a year ago, and expects Q2 revenue below estimates — Bumble (BMBL.O) beat Wall Street estimates for first-quarter revenue on Wednesday helped by growth in its paying users …
More: Bumble Inc. and Fast Company
| James Thomason / VentureBeat: |
RunPod, which offers a globally distributed GPU cloud platform for developing and deploying AI, raised a $20M seed co-led by Intel Capital and Dell Technologies — RunPod's platform attracts over 100,000 developers with focus on iteration speed and ease of use
More: RunPod Blog, Intel Capital, and Tech Startups
X: @delltechcapital, @dylanmrose, @intelcapital, and @runpod_io
| 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 … | 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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