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July 5, 2024, 9:55 AM
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Top News

Reuters:
Samsung estimates Q2 operating profit up 1,452% YoY to $7.54B, and revenue up 23% YoY to ~$53.7B, as chip prices keep rising  —  Samsung Electronics (005930.KS) estimated on Friday a more than 15-fold rise in its second-quarter operating profit, as rebounding semiconductor prices driven …
Reuters:
Epic says Apple is impeding its attempts to set up a games store on iPhones and iPads in Europe and that it has shared its concerns with the European Commission  —  “Fortnite” maker Epic Games said on Friday Apple (AAPL.O) was impeding its attempts to set up a games store on iPhones and iPads in Europe …
Kyle Wiggers / TechCrunch:
Cloudflare launches a tool that aims to block bots from scraping websites for AI training data, available free for all customers  —  Cloudflare, the publicly traded cloud service provider, has launched a new, free tool to prevent bots from scraping websites hosted on its platform for data to train AI models.
Cade Metz / New York Times:
Sources: in early 2023, a hacker breached OpenAI's internal messaging systems and accessed product details; OpenAI told its staff, but not the public or the FBI  —  A security breach at the maker of ChatGPT last year revealed internal discussions among researchers and other employees, but not the code behind OpenAI's systems.
Ivan Mehta / TechCrunch:
YouTube releases an updated Erase Song tool for creators that uses AI to detect and remove any copyrighted music from their videos without impacting other audio  —  On July 4, YouTube released an updated eraser tool for creators so they can easily remove any copyrighted music …
Benjamin Taubman / Bloomberg:
TRM: cryptocurrency stolen through hacks more than doubled to $1.38N in H1 2024 from a year earlier; five large attacks accounted for 70% of the crypto stolen  —  - Attack on Japanese exchange DMM Bitcoin was biggest in 2024  — Amount is still below the record 2022 level, TRM says
More: Reuters
Samantha Murphy Kelly / CNN:
ElevenLabs will use AI-generated voices of dead actors like Judy Garland and Burt Reynolds in its Reader app, after striking deals with the actors' estates  —  Actress Judy Garland never recorded her voice to read an audiobook of The Wonderful Wizard of Oz, but you'll soon be able to hear …

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This is a Techmeme archive page. It shows how the site appeared at 9:55 AM ET, July 5, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Daniel Thomas / Financial Times:
Trade body data: copyrighted music revenue was $45.5B in 2023, above cinema box office spending of $33.2B in 2023 and $41.9B in 2019; record labels made $28.5B

Lucas Shaw / Bloomberg:
The music industry is entering a cycle of consolidation, driven by a slowdown at the major labels, the growing market for independents, and the rapacity of PE

Max Tani / Semafor:
Sources: CNN is considering making network anchor Kaitlan Collins its chief White House correspondent and relocating her show from New York to DC

More News

Bloomberg:
South Korea unveils a monitoring system to find crypto exchange accounts linked to “suspected” trading activity, as a new law takes effect on July 19
Sean Hollister / The Verge:
Evan Blass leaks Samsung's entire spec sheets and marketing materials for the Galaxy Z Fold 6 and Galaxy Z Flip 6, expected at its Unpacked event on July 10

Earlier Picks

Ben Westcott / Bloomberg:
AWS partners with the Australian government to build a cloud data system to handle top secret information; the government plans to invest ~$1.3B over 10 years
Sergiu Gatlan / BleepingComputer:
A global law enforcement operation takes down 593 servers hosting unlicensed versions of Cobalt Strike, a penetration testing tool abused by cybercriminals
Lorenzo Franceschi-Bicchierai / TechCrunch:
Twilio says “threat actors” identified its 2FA app Authy users' phone numbers; last week, ShinyHunters claimed to have stolen 33M phone numbers from Twilio
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