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July 23, 2024, 8:05 PM
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| Bloomberg: |
Meta debuts Llama 3.1 405B, the “first frontier-level open source AI model”, as well as new Llama 3.1 70B and 8B models, and says it's working on Llama 4 — The Meta CEO defends both his open source strategy and a massive investment in artificial intelligence.
More: Meta, The Verge, VentureBeat, TechCrunch, VentureBeat, TechCrunch, Hugging Face, Android Police, CNBC, WhatsApp Blog, Washington Post, TechRadar, The Guardian, TestingCatalog, CoinGape, Patently Apple, Simon Willison's Weblog, Fast Company, Benzinga, Bloomberg Originals on YouTube, ZDNET, Engadget, Press Association, Bloomberg, Axios, The Information, Wired, The Irish Times, Constellation Research, Quartz, About Amazon, Tech Startups, and Neowin
X: @aiatmeta, @mascobot, @skirano, @_akhaliq, @aiatmeta, @garymarcus, @metanewsroom, @tobi, @ahmad_al_dahle, @astonzhangaz, @ylecun, @thom_wolf, @bbgoriginals, @matthewberman, @emollick, @ramaswmysridhar, @hingeloss, @alphasignalai, @andrewyng, @togethercompute, and @hingeloss. Facebook: Mark Zuckerberg
| Mark Zuckerberg / Meta: |
Mark Zuckerberg argues that “open source AI” is the path forward, closed models are vulnerable to vendor lock-in and state-backed espionage, and more — In the early days of high-performance computing, the major tech companies of the day each invested heavily in developing their own closed source versions of Unix.
More: Meta, Ars Technica, The Register, Decrypt, Tim Kellogg, The Information, The Sun, The Daily Upside, Spyglass, Pixel Envy, The Rundown AI, Interconnects, Neowin, SD Times, SiliconANGLE, TechRepublic, Digital Trends, AIM, Investor's Business Daily, The Decoder, Yahoo Finance, and New York Times
Threads: @lessin, @carnage4life, @carnage4life, @moskov, and @parkert
Mastodon: @zacchiro@mastodon.xyz and @simon@fedi.simonwillison.net
X: @balajis, @aravsrinivas, @paulg, @erikvoorhees, and @kevinbankston
Forums: Hacker News, r/LocalLLaMA, r/singularity, Slashdot, and Ars OpenForum
| The Information: |
Sources: Apple is working on a foldable, clamshell-design iPhone that could debut as soon as 2026, and reached out to Asian component suppliers in recent months — Apple is working on a foldable iPhone that could be released as early as 2026 and in recent months reached out to suppliers …
More: MacRumors, Macworld, Decrypt, Android Authority, CNET, iMore, Forbes, Gizmodo, Patently Apple, Laptop Mag, 9to5Mac, Liliputing, Android Headlines, BGR, MobileSyrup, Wired, Business Standard, New York Post, PhoneArena, GSMArena.com, Supercharged, GameSpot, Pocket-lint, Investing.com, Cult of Mac, Tom's Guide, Gizmochina, iPhone in Canada Blog, Business Times, Digital Trends, and Livemint
Forums: r/wallstreetbets, Slashdot, and MacRumors Forums
| Alphabet: |
Alphabet Q2: revenue of $84.7B, up 14% YoY, net income of $23.6B, up 29% YoY, Search revenue of $48.5B, up from $42.6B YoY, and headcount down 1% to 179,582 — MOUNTAIN VIEW, Calif. - July 23, 2024 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended June 30, 2024.
More: The Guardian, Yahoo Finance, Bloomberg, 9to5Google, The Verge, Neowin, Cryptopolitan, Shacknews, Android Central, Quartz, and Constellation Research
X: @thetranscript_, @martyswant, @munster_gene, @munster_gene, and @swiftstories. Forums: Hacker News
| Jennifer Elias / CNBC: |
Google Cloud Q2 revenue grew 29% YoY to $10.35B, vs. $10.2B est.; Cloud exceeded $10B in quarterly revenues and $1B in operating profit for the first time — Google parent company Alphabet reported earnings after the bell Tuesday. — Here's how the company did, compared with estimates from analysts polled by LSEG:
More: Reuters, Shacknews, ShareCafe, Financial Times, FX Empire, Investing.com, Proactive, Forbes, and Yahoo Finance
| Jennifer Elias / CNBC: |
More: TechCrunch, The National, The Robot Report, Business Insider, and The Verge
| Danny Nelson / CoinDesk: |
dYdX says v3, an older version of its DeFi crypto exchange that is reportedly for sale and averages ~$1.5B/week in derivatives trading, “has been compromised” — News of the problem emerged just as Bloomberg reported dYdX v3 is for sale. — Decentralized crypto-exchange giant dYdX … | Abner Li / 9to5Google: |
Leaked images show the upcoming “Google TV Streamer”, a set-top box with a pill-shaped design, to replace the dongle form factor, and an updated, longer remote — Back in April, we revealed that Google is working on a sequel to the Chromecast with Google TV (4K) …
More: PCMag, Android Central, BGR, Android Police, The Sun, Android Authority, The Streamable, Tom's Guide, Gizmodo, Android Headlines, iPhone in Canada Blog, ZDNET, AFTVnews, Droid Life, TechRadar, and Thurrott
Forums: r/Stadia, r/GeForceNOW, r/nvidiashield, r/AndroidTV, r/GooglePixel, r/Android, and r/googlehome
| Bloomberg: |
Sources: the Google-Wiz deal failed, in part, due to antitrust fears and CrowdStrike's outage, which increased the potential value of cloud security companies — - $23 billion offer for Wiz collapsed weeks after HubSpot deal — Regulatory concerns have cratered high-profile tech purchases
More: Irish Examiner, The Boston Globe, The Rio Times, TechCircle, and Fierce Network
| CNBC: |
More: Wall Street Journal, Channel Futures, SiliconANGLE, Associated Press, Fortune, WinBuzzer, ITPro, CTech, CRN, The Register, Security Boulevard, Tech Startups, Taipei Times, SC Media, PaymentExpert.com, Business Times, San Francisco Business Times, Forbes, and Bloomberg
X: @alexeheath, @alevy1511, @tenreirodaniel, @mikeisaac, @alexrkonrad, @katie_roof, @ourielohayon, @whoiskatrin, @the_p_god, @nheudecker, @ulonnaya, @yagizsozmen, @flyosity, @austin_rief, @eastdakota, @mattturck, @alexrkonrad, @carnage4life, @zastocks, @kwuchu, and @rustybrick
Forums: Hacker News, r/wallstreetbets, r/cybersecurity, r/business, r/technology, and Slashdot
| Suzanne Smalley / The Record: |
The US FTC seeks info from Mastercard, Accenture, and six other companies related to their “surveillance pricing products” that use personal data, AI, and more — The Federal Trade Commission (FTC) announced Tuesday that it has launched an inquiry into how companies surveil consumers …
More: Federal Trade Commission, Finextra, The Hill, TechCrunch, CNBC, Quartz, The Register, PCMag, and Payments Dive
X: @matthewstoller, @swiftstories, @dorajfacundo, @ftc, @owenslindsay1, and @megangra
| Andy Greenberg / Wired: |
Dragos details a sample of Russia-linked malware used in a hack in January 2024 to target a heating utility in Lviv, Ukraine, cutting service to 600 buildings — The code, the first of its kind, was used to sabotage a heating utility in Lviv at the coldest point in the year …
More: Dragos, TechCrunch, Security Affairs, DeviceSecurity.io, Engadget, Cybernews.com, Axios, The Stack, and Cybersecurity Dive
X: @matonis and @a_greenberg
Forums: r/worldnews, r/cybersecurity, r/europe, and Slashdot
| Jess Weatherbed / The Verge: |
Adobe rolls out new Illustrator features like Generative Shape Fill, powered by its latest Firefly Vector model now in beta, and new and updated Photoshop tools — Adobe is introducing some new tools and generative AI features to its Illustrator and Photoshop design software that aim to help speed up creative workflows.| Todd Spangler / Variety: |
Amazon begins rolling out a new UI for Prime Video to help distinguish content included with Prime, update its navigation bar, manage subscriptions, and more — And the new UI specifically addresses something that's annoyed Prime Video users for years: Now, according to Amazon …
More: About Amazon, The Verge, Thurrott, MobileSyrup, 9to5Google, iPhone in Canada Blog, IGN, 9to5Mac, The Streamable, Kotaku, Android Authority, How-To Geek, Gizmodo, Neowin, PCMag, ZDNET, CNET, Engadget, Deadline, and Cord Cutters News
| Brian Heater / TechCrunch: |
Mytra, a startup building autonomous robots for warehouses that can move loads up to 3,000 pounds, launches from stealth with $78M in total funding — Mytra has been quietly operating behind the scenes since its May 2022 founding in a bid to rethink warehouse automation.| Mariella Moon / Engadget: |
Meta plans to roll out its AI assistant to the Quest in August, limited to US and Canada users in experimental mode, after debuting on the Ray-Ban smart glasses — The experimental version of the AI assistant will make its way to Quest headsets in August. — Meta's AI-powered assistant …
More: Meta, Road to VR, PhoneArena, UploadVR, MIXED Reality News, and Pocket-lint
Forums: r/OculusQuest, r/OculusQuest, and r/oculus
| Ashley Carman / Bloomberg: |
Spotify reports Q2 revenue up 20% YoY to €3.8B, MAUs up 14% YoY to 626M, subscribers up 12% YoY to 246M, above est., and €266M operating income; SPOT jumps 12%+ — Spotify Technology SA shares surged to their highest in more than three years on Tuesday after the Swedish audio …
More: The Hollywood Reporter, The Information, Spotify, PYMNTS.com, Android Headlines, Variety, Axios, Neowin, Thurrott, Dexerto, Music Ally, Quartz, and Reuters
Threads: @carnage4life. X: @sarafischer, @alexweprin, @thetranscript_, and @eldsjal. LinkedIn: Julia Levander
| Chris Morris / Fortune: |
Netflix last week reported it is developing 80 games, most “interactive narrative games” based on its IP, and will debut one a month; Netflix offers 100+ games — Netflix could be on its way to becoming one of the most prolific video game publishers in the industry.
More: Variety, VentureBeat, TheGamer, Tom's Guide, Mobilegamer.biz, CNET, and iMore
| Bloomberg: |
US spot ether ETFs hit over $1B in trading volume across nine funds, a strong debut, but far from the $4.6B traded during the spot bitcoin ETFs debut in January — - Trading volume still trailed amount posted by Bitcoin ETFs — Debuts for two of the funds rank among some of the best ever| Brian Merchant / Wired: |
A staffer at Activision Blizzard, which had layoffs in 2024 affecting many 2D artists, says some remaining artists were “forced to use AI to aid in their work” — A WIRED investigation finds that major players like Activision Blizzard, which recently laid off scores of workers, are using generative AI for game development.
Mastodon: @antonyjohnston@mastodon …. Forums: r/gaming, r/technews, r/Games, r/singularity, and r/technology
| Chris Welch / The Verge: |
Daniel Ek says Spotify is working on a deluxe Spotify tier, around a $17-$18 price point, that has “a lot more control, a lot higher quality across the board” — The saga of Spotify HiFi has many twists and turns. First announced over three years ago, the music service's higher … | Reuters: |
Sources: Samsung's HBM3 chips have been cleared by Nvidia for use in its H20 GPU, developed for the Chinese market; HBM3E chips are still being tested — Samsung Electronics' (005930.KS) fourth-generation high bandwidth memory or HBM3 chips have been cleared by Nvidia (NVDA.O) …
More: Asia Times
| Kyle Wiggers / TechCrunch: |
Level AI, maker of AI-powered tools to automate customer service tasks, raised a $39.4M Series C led by Adams Street Partners, taking its total raised to $73.1M — Ashish Nagar, an engineer by trade, was working at Amazon's Alexa org on the conversational AI team when he realized that AI …
More: ACCESSWIRE and SiliconANGLE
| The Information: |
Internal messages: Meta staff complained about Threads' algorithm limiting political posts, after the For You page was slow to show news of Biden dropping out — Shortly after Joe Biden dropped out of the presidential election Sunday, an employee at Meta Platforms posted in the company's internal forum …
More: MakeUseOf and The Atlantic
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