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May 23, 2024, 2:15 AM
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Mediagazer
memeorandum
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| Kif Leswing / CNBC: |
Nvidia reports Q1 revenue up 262% YoY to $26.04B, vs. $24.65B est., forecasts Q2 revenue above est., and splits its stock 10-for-1; NVDA jumps 5%+ after hours — Nvidia shares topped $1,000 for the first time in extended trading on Wednesday after the chipmaker reported fiscal first-quarter results that topped analyst estimates.
More: Nvidia Newsroom, The Guardian, Wall Street Journal, Daily Maverick, FX Empire, Semafor, Fortune, Financial Times, Watcher Guru, Crypto Briefing, TrendForce Insights, Constellation Research, Patently Apple, Neowin, Bloomberg, CoinGape, and NBC News
X: @thetranscript_, @munster_gene, @thetranscript_, @scobleizer, @thetranscript_, @thetranscript_, @munster_gene, @kristinaparts, @benbajarin, @divestech, @economyapp, @jimcramer, @mgsiegler, @munster_gene, @thetranscript_, @thetranscript_, @thetranscript_, @kristinaparts, @carnage4life, @benbajarin, @benbajarin, @nearcyan, @thetranscript_, @munster_gene, @jonerlichman, @munster_gene, @morningbrew, @munster_gene, @munster_gene, @alex, @munster_gene, @munster_gene, @lastcallcnbc, @lastcallcnbc, @sawyermerritt, @thetranscript_, @benbajarin, @benbajarin, @lexnfx, @thetranscript_, and @morningbrew. LinkedIn: Anthony Robbins
Forums: r/wallstreetbets and Slashdot
| Wall Street Journal: |
News Corp and OpenAI announce a multiyear agreement to bring News Corp's news content to OpenAI; sources: the deal could be worth $250M over five years — Agreement could generate over $250 million over five years for News Corp in cash and credits — Wall Street Journal owner News Corp struck …
More: OpenAI, The Register, News Corp, Engadget, SiliconANGLE, Bloomberg, Digiday, Neowin, Variety, CNBC, CoinGape, Washington Post, PYMNTS.com, The Information, The Guardian, New York Post, Axios, VentureBeat, The Hollywood Reporter, Benzinga, The Verge, and Reuters
Threads: @edmundlee. Mastodon: @jeffjarvis@mastodon.social. X: @grantstern, @_felixsimon_, @maxwelltani, @minimaxir, @maxwelltani, @openai, @ikrietzberg, and @froomkin
LinkedIn: Nicholas Gray and Artem Fishman
Forums: Hacker News, r/ChatGPT, and r/australia
| André Beganski / Decrypt: |
The US House passes the Financial Innovation and Technology for the 21st Century Act, or FIT21, which would create a regulatory framework for digital assets — Dubbed the Financial Innovation and Technology for the 21st Century Act, or FIT21, the measure was approved by the House of Representatives with a 279-136 vote.
More: US Securities …, Financial Services Committee, Business Today, The Block, CoinDesk, Reuters, Fortune, Coinpedia Fintech News, The Crypto Times, PYMNTS.com, VentureBeat, Cryptonews, Cointelegraph, CoinDesk, Cointelegraph, crypto.news, Crowdfund Insider, The Block, CNBC, MarketWatch, Blockworks, Crypto Briefing, CoinDesk, DL News, CoinDesk, The Block, Watcher Guru, CryptoPotato, Washington Examiner, CoinGape, The Hill, CoinDesk, The Daily Hodl, Forkast, CryptoSlate, CryptoSlate, Cointelegraph, The Crypto Basic, crypto.news, Quartz, and Blockonomi
X: @brian_armstrong, @repjohnrose, @jchervinsky, @gopmajoritywhip, @ryansadams, @adamscochran, @jessepollak, @financialcmte, @eleanor_mueller, @adamscochran, @iamnomad, @repwileynickel, @repwileynickel, @rewkang, @adamscochran, @adamscochran, @eleanor_mueller, @twobitidiot, @blockgraze, @kmsmithdc, @iampaulgrewal, @jbsdc, @yugacohler, @jessepollak, @adamscochran, @bradsherman, @eleanor_mueller, and @yugacohler
| Sarah Perez / TechCrunch: |
Google Pay now lets users see their card benefits and perks before selecting a card, use BNPL on more sites, and fill in card details through biometrics or PIN — Google Pay is rolling out a number of updates that capitalize on its integrations with other Google products, like Android and the Chrome browser.| Emilia David / The Verge: |
Truecaller partners with Microsoft's Azure AI Speech to let its AI Assistant users create an AI version of their voice to answer calls based on a recorded clip — Caller ID company Truecaller will let users create an AI version of their voice to answer calls.
More: Truecaller, Microsoft Tech Community, Benzinga, TechCrunch, Neowin, Android Authority, MSPoweruser, and AIM
| Nitasha Tiku / Washington Post: |
Documents and sources: OpenAI didn't use Scarlett Johansson's voice for ChatGPT's Sky and hired another actress months before Sam Altman contacted Johansson — A different actress was hired to provide the voice for ChatGPT's ‘Sky,’ according to documents and recordings shared with the Washington Post.
More: Android Authority, Engadget, The Verge, iThinkDifferent, and AIM
Bluesky: @fitzstartz.bsky.social. X: @pstasiatech, @mszafranski413, @nitashatiku, @blind_steel, and @carnage4life
Forums: Hacker News, r/ChatGPT, r/OpenAI, and r/singularity
| Kelsey Piper / Vox: |
Leaked OpenAI docs show aggressive tactics toward ex-employees and contradict leadership's comments about being unaware of provisions about equity cancellation — On Friday, Vox reported that employees at tech giant OpenAI who wanted to leave the company were confronted with expansive and highly restrictive exit documents.
More: Pixel Envy. Threads: @crumbler. Mastodon: @annmlipton@esq.social. Bluesky: @annmlipton.bsky.social and @marypcbuk.bsky.social
X: @kelseytuoc, @2020science, @kelseytuoc, and @jmannhart
LinkedIn: Harish Pillay and Jeremy Kahn
Forums: news.ycombinator.com, Hacker News, r/OpenAI, and r/singularity
| Alex Seitz-Wald / NBC News: |
Steve Kramer, the political consultant who admitted to commissioning the deepfake robocall of Biden, has been indicted in New Hampshire and faces five counts — Steve Kramer, the Democratic consultant whom NBC News first linked to the robocall impersonating the president, is facing five counts in New Hampshire.| David Shepardson / Reuters: |
US FCC Chairwoman Jessica Rosenworcel proposes requiring the disclosure of content generated by AI in political ads on radio and TV, citing the use of deepfakes — U.S. Federal Communications Commission Chairwoman Jessica Rosenworcel on Wednesday proposed requiring disclosure of content generated … | Kurt Wagner / Bloomberg: |
Zuckerberg creates the Meta Advisory Group with Patrick Collison, Nat Friedman, Tobi Lütke, and Charlie Songhurst, to advise on tech and growth opportunities — - Stripe's Collison, Shopify's Lütke among new advisers — Group to guide Meta on tech, strategic growth opportunities
More: Meta Investor Relations, Business Insider, Benzinga, Social Media Today, TechCrunch, PYMNTS.com, The Information, Quartz, Canadian Press, calgaryherald, and The Verge
Threads: @katienotopoulos, @tookthescenicroute, and @daveleebbg
| Sara Fischer / Axios: |
Source: the US DOJ and state AGs plan to sue Live Nation on Thursday for illegally abusing its live ticketing monopoly through its 2010 Ticketmaster acquisition — - It will argue that Live Nation leveraged Ticketmaster's exclusive contracts with concert venues to maintain a monopoly …
More: Bloomberg, CNN, New York Times, Financial Times, KRQE-TV, Digital Music News, Washington Post, and The Verge. Forums: r/law
| Emma Roth / The Verge: |
Bluesky now lets users send DMs and says it's working on adding support for messages with images and end-to-end encryption — Bluesky will now let you send a direct message to other users. For now, you can only send messages containing text, but Bluesky is working on adding support for images and videos.
More: Bluesky, TechCrunch, 9to5Mac, We Distribute, iThinkDifferent, PhoneArena, Digital Trends, and Engadget
| Stephen Nellis / Reuters: |
In an interview, Brad Smith says Microsoft's deal with UAE-based AI firm G42 could eventually involve the transfer of key US chips and AI technology abroad — Microsoft (MSFT.O) President Brad Smith said the tech company's high profile deal with the United Arab Emirates-backed AI firm G42 … | Josh Ye / Reuters: |
Lenovo reports Q4 revenue up 9% YoY to $13.8B, vs. $13B est., second straight quarter of revenue growth, and net profit up 118% YoY to $248M, vs. $162M est. — China's Lenovo Group (0992.HK) reported a 9% rise in fourth-quarter revenue to $13.8 billion on Thursday, as the world's largest maker …
More: Bloomberg and Lenovo StoryHub
| Mike Butcher / TechCrunch: |
Praktika, which lets users create personalized AI-powered avatars to make learning a language feel more natural, raised a $35.5M Series A led by Blossom Capital — Most apps that help you learn languages feature a user experience that has you selecting options or swiping away wrong answer cards … | Financial Times: |
A profile of Sachin Dev Duggal, the CEO of Builder.ai, which offers low-code tools and has raised ~$450M, as sources describe staff retention problems and more — Founder of one of the UK's best-funded start-ups has been dogged by legal disputes during a meteoric business career| Sarah Zheng / Bloomberg: |
US-listed PDD, which runs Temu and Pinduoduo, reports Q1 revenue up 131% YoY to ~$12B and operating profit up 275% YoY to ~$3.6B, as global expansion gains pace — - The upstart Chinese player beats most results expectations — PDD remains upbeat on the outlook for Chinese consumption| Inci Ozbek / Bloomberg: |
Istanbul-based Colendi, which provides digital banking services, raised a $65M Series B at a $700M valuation from Citi Ventures and others — - Digital banking startup raised $65 million in Series B round — Colendi targets $1 billion valuation in new investment round
More: Tech.eu
| Bloomberg: |
How social e-commerce app Xiaohongshu has defied China's tech sector crackdown and boomed through a combination of influencers, AI, and soft marketing tactics — - Xiaohongshu's profit last year beat peers including Weibo — The two co-founders have a combined fortune of $6 billion| Brian Heater / TechCrunch: |
LA-based Aerodome, which uses autonomous drones to help first responders get a view of problems like crimes and fires, raised a $21.5M Series A led by CRV — If you've spent any time in Los Angeles, you're no doubt aware that police helicopters are a permanent fixture in the skies above.
More: Aerodome, FinSMEs, and VC News Daily
| Kyle Wiggers / TechCrunch: |
Portland-based Hydrolix, a data lake service that offers a repository for log data, raised a $35M Series B led by S3 Ventures, bringing its total raised to $68M — In 2008, Marty Kagan, who'd previously worked at Cisco and Akamai, co-founded Cedexis, a (now-Cisco-owned) firm developing observability tech for content delivery networks.
More: Pulse 2.0, Portland Business Journal, FinSMEs, Hydrolix, SiliconANGLE, and siliconflorist.com
LinkedIn: Aaron Perman and Baris Aksoy
| Reuters: |
South Korea announces a ~$19B support package for the domestic chip industry and asks the industry ministry to strengthen the country's non-memory chip sector — South Korea announced on Thursday revised plans for a support package for the country's vital semiconductor industry worth 26 trillion won …
More: Benzinga, Bloomberg, Agence France-Presse, and Yonhap News Agency
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| Sam Biddle / The Intercept: |
Mastodon: @alshafei@mastodon.social. Bluesky: @marypcbuk.bsky.social. X: @orientaljanedoe, @evan_greer, @samfbiddle, @sanasaeed, @samfbiddle, @wcathcart, @paulbiggar, @wcathcart, @wcathcart, @paulbiggar, and @wcathcart. Forums: Hacker News
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Mastodon: @carnage4life@mas.to. Bluesky: @hern.bsky.social. X: @andrewcurran_, @andrewcurran_, @parkerortolani, @madscapital, and @gartenberg
LinkedIn: Neil Saunders and Dylan Jones
Forums: r/Ring, r/alexa, r/homeautomation, r/homeassistant, r/singularity, r/technology, r/amazonecho, r/news, Slashdot, and Slashdot
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More: Ars Technica, Transformer Circuits Thread, New York Times, Forrester, Anthropic, Decrypt, Ben's Bites, and The Decoder
Threads: @kevinroose. X: @arithmoquine, @swyx, @alexalbert__, @andy_l_jones, @garymarcus, @anthropicai, @aimattant, @jpohhhh, @anthropicai, @anthropicai, and @anthropicai
Forums: r/MachineLearning, r/singularity, r/artificial, r/technology, r/tech, and Beehaw