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July 17, 2024, 12:10 PM
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| Marina Temkin / TechCrunch: |
On their podcast, Marc Andreessen and Ben Horowitz explain why they are backing Trump, say Trump is pro-crypto, Biden's overregulation harms startups, and more — Marc Andreessen, the co-founder of one of the most prominent venture capital firms in Silicon Valley, says he's been a Democrat most of his life.
More: Newcomer, Benzinga, Associated Press, New York Magazine, Axios, DL News, The Information, Crypto Briefing, and Bloomberg
Threads: @parkert, @coloradotravis, @elizspiers, @gwestr, and @crumbler. Mastodon: @KarlBode@masto.ai
X: @bigmeaninternet, @mwseibel, @kimmaicutler, @maddierenbarger, @ericnewcomer, @danprimack, @davidsacks, @kelseytuoc, @danprimack, @kelseytuoc, @kelseytuoc, @kelseytuoc, @pmarca, @tsarnick, @danprimack, @alexiskold, @dpinsen, @prestonjbyrne, @carnage4life, @kateclarktweets, @aphysicist, @ericjackson, @ktmboyle, @pmarca, @spiritofpines, @jessesingal, @shonaghosh, @mattzeitlin, @pmarca, @elonmusk, @billhughesdc, @garymarcus, @carnage4life, @a16z, @johnkonrad, @bennjordan, and @jessicalessin
| New York Times: |
Sources: at a June dinner, David Sacks, Chamath Palihapitiya, and others told Trump to pick JD Vance as VP; Elon Musk and Peter Thiel also advocated for Vance — Mr. Vance spent less than five years in Silicon Valley's tech industry, but the connections he made with Peter Thiel and others became crucial to his political ascent.| The Information: |
Marc Andreessen and Ben Horowitz say Trump is the right choice for “Little Tech”; sources say they plan to make large donations to PACs supporting his campaign — Venture capital bigwigs Marc Andreessen and Ben Horowitz have told staff at Andreessen Horowitz that they plan …
More: a16z on YouTube, Stratechery, Financial Times, Watcher Guru, Coinspeaker, Axios, Bloomberg, Axios, Inc.com, Forbes, Fox Business, Seeking Alpha, New York Post, Gizmodo, Business Insider, CNBC, The Atlantic, Axios, Cointelegraph, The Verge, Le Monde.fr, Benzinga, The Information, Wall Street Journal, and New York Times
Threads: @anildash, @yannlecun, @benedictevans, @technicallymims, @gk_ventures, @technicallymims, @benedictevans, @benedictevans, @moskov, and @carnage4life
| Cat Zakrzewski / Washington Post: |
More: Ars Technica, Music Ally, Platformer, The Hill, and Marc Andreessen Substack
| Reuters: |
Sources: GitLab, which has an ~$8B market cap, is exploring a sale after attracting interest from its peers, including Datadog, which has a $44B market cap — GitLab (GTLB.O), a U.S. provider of cloud-based software development tools whose investors include Google parent Alphabet (GOOGL.O) … | Bloomberg: |
Donald Trump says “I'm for TikTok, because you need competition”, and “if you don't have TikTok, you have Facebook and Instagram” and “that's Zuckerberg” — It's late June, and Donald Trump is plotting his next presidency in the gilded offseason isolation of the Mar-a-Lago Club.
More: Bloomberg, Gizmodo, CoinDesk, Reuters, HuffPost, Proactive, Business Insider, Mobile World Live, The Independent, Cryptonews, The Block, Axios, The Information, The Defense Post, The Hill, New York Post, and Business Today
Threads: @technicallymims. X: @thorstenbenner, @jimgeraghty, @jamescrabtree, @kyleichan, @davidjoachim, @thestalwart, @fbermingham, @hiattb, @shashj, @tomgara, @drewpavlou, @mrjeffu, @josephzeballos, @jakesherman, @sarahfrier, @prem_thakker, @thestalwart, @john_hudson, @alexwickham, @bgrueskin, @mackhawk, @_danilo, @drewpavlou, @bradstone, @joumannatv, @mackhawk, @jason_kint, and @katie_roof
Forums: r/Sino, r/neoliberal, and r/politics
| Bloomberg: |
Sources: the US is mulling imposing the foreign direct product rule, seen as draconian by allies, on Tokyo Electron and ASML's chip equipment business in China — - Restrictions would hit technology from Tokyo Electron and ASML — US companies like Lam have urged softer approach in meetings
More: Financial Times, Silicon Valley Business …, Tom's Hardware, The Register, South China Morning Post, CNBC, TNW, Quartz, Forbes, Barron's Online, CryptoGlobe, Proactive, Benzinga, Invezz, Bloomberg, Reuters, and DigiTimes
X: @6d6f636869, @technology, @mackhawk, and @thorstenbenner
Forums: r/europe and r/wallstreetbets
| Financial Times: |
Source: Fei-Fei Li's World Labs, founded in April 2024 and aiming to create “spatial intelligence” in AI, raised ~$100M in its latest round at a $1B+ valuation — Stanford computer scientist's ‘spatial intelligence’ venture wins backing from investors including Andreessen Horowitz| Laura Waxmann / San Francisco Chronicle: |
Elon Musk says he plans to move X's headquarters to Austin, a day after he protested a new California law that bans schools' transgender notification policies — San Francisco real estate market participants confirmed last week that a majority of the Market Street headquarters of X Corp. …
More: BBC, The Verge, PCMag, Wired, WinBuzzer, CNBC, The Independent, MarketWatch, International Business Times, Reuters, Business Insider, Agence France-Presse, Wall Street Journal, Cryptopolitan, Washington Post, Politico, Cointelegraph, New York Post, New York Times, Associated Press, NBC News, Variety, The Guardian, TechCrunch, Houston Business Journal, The Shortcut, Associated Press, The San Francisco Standard, Financial Times, Tech Startups, CoinGape, Bloomberg, Fast Company, San Francisco Business Times, Los Angeles Times, Quartz, The Information, and Fox News
Threads: @karaswisher, @davepell, @kalihays1, @mac_ryan_, and @daveleebbg
X: @elonmusk, @elonmusk, @elonmusk, @gregabbott_tx, @elonmusk, @elonmusk, @gavinnewsom, @jason, @jason, @rmac18, @alexshultz, @laura_waxee, @scott_wiener, @allahliker, @evacide, @nicoleperlroth, @robhof, @tedcruz, @charliekirk11, @kevinkileyca, @realchrisrufo, @basedmikelee, @davidsacks, @trhlofficial, @parismarx, @jason, @elonmusk, @caitlyn_jenner, @elonmusk, and @libsoftiktok
| Allison Johnson / The Verge: |
Hands-on with the Samsung Galaxy Z Fold6's “sketch to image” generative AI tool that turns rough sketches into images: ridiculous, fun, and slightly worrying — The pirate ship in Elliott Bay was one thing, but it was a little blurry bee that sent me over the edge.
X: @fdaudens
| Arjun Kharpal / CNBC: |
ASML reports Q2 net sales down 9.5% YoY to €6.24B, vs. €6.03B est., net income down 18.7% YoY to €1.6B, vs. €1.4B est., and keeps its FY 2024 outlook unchanged — ASML reported second-quarter earnings and sales that beat forecasts, as interest in artificial intelligence chips drives … | Emilia David / VentureBeat: |
Mistral debuts two LLMs: Codestral Mamba 7B, for code generation, based on the Mamba architecture, and Mathstral 7B, for math reasoning and scientific discovery — The well-funded French AI startup Mistral, known for its powerful open source AI models, launched two new entries in its growing family …
More: Mistral AI, InfoWorld, Hugging Face, Mistral AI, Ben's Bites, MarkTechPost, Gen AI, and AIM
X: @mistralai, @_philschmid, @arthurmensch, @francoisfleuret, @bycloudai, @reach_vb, @dchaplot, @guillaumelample, and @samlakig. LinkedIn: Marjorie Janiewicz. Forums: r/LocalLLaMA
| Sharon Goldman / Fortune: |
In an interview, Google DeepMind and Google Research Chief Scientist Jeff Dean says AI is not to blame for the brunt of data center emissions increase — Google sent a jolt of unease into the climate change debate this month when it disclosed that emissions from its data centers rose 13% in 2023 … | Tom Warren / The Verge: |
Microsoft launches its AI-powered Designer app out of preview on iOS and Android, letting users create images, stickers, and more, expanding on a web client — Microsoft's AI-powered Designer app is coming out of preview today for both iOS and Android users.
More: Microsoft 365 Blog, PCWorld, Windows Central, Thurrott, Windows Blog, Neowin, and TestingCatalog
| Emilia David / VentureBeat: |
Google unveils Project Oscar, an open-source platform to help product teams monitor software issues or bugs using AI agents, at its I/O Connect Bengaluru event — Google has announced Project Oscar, a way for open-source development teams to use and build agents to manage software programs.
More: Thurrott, TechCircle, Google Developers Blog, SiliconANGLE, and The Indian Express
| Samuel Stolton / Bloomberg: |
The EU's General Court says TikTok is large enough to fall under the DMA, rejecting ByteDance's challenge; ByteDance can appeal to the European Court of Justice — - TikTok attempt to avoid EU's Digital Markets Act is dismissed — Chinese-owned social media giant also risks ban in the US
More: The Independent, Silicon Republic, Engadget, 9to5Mac, The Mirror, UPI, Benzinga, Euractiv, Deutsche Welle, BERNAMA, Yen.com.gh, BusinessLIVE, Reuters, RTÉ, Associated Press, Semafor, NewsBytes, Invezz, and Anadolu Ajansı …
X: @beuc, @samuelstolton, @eucourtpress, and @lewis_crofts
| Bloomberg: |
Yemen says a ship has repaired the AAE-1 subsea cable, linking Asia and Europe, in the Red Sea, and remains in the water to repair the Seacom and EIG cables — - Vessel owned by UAE-based telco making repairs amid conflict — Fixes to internet cables delayed by geopolitical friction| Steven Scheer / Reuters: |
Israel-based CytoReason, which uses AI to develop disease models, raised $80M from Nvidia, Pfizer, Thermo Fisher, and OurCrowd, and plans a Massachusetts office — Israel's CytoReason, which uses AI to develop disease models, said on Wednesday it had raised $80 million in a private funding round.
More: FinSMEs, CTech, Tech Startups, Mobile World Live, CytoReason, and ENDPOINTS NEWS
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5 common accounting mistakes — This is a guest post by Yaali Bizappln Solutions. A lot of businesses manage their customers and finances on separate platforms. This disconnect often leads to missed invoices …
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