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July 23, 2024, 10:35 PM
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| 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, The Register, Decrypt, Tim Kellogg, The Information, The Rundown AI, Pixel Envy, SD Times, Spyglass, Neowin, SiliconANGLE, Interconnects, TechRepublic, Digital Trends, AIM, The Daily Upside, 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: @simonw, @bgurley, @aravsrinivas, @paulg, @erikvoorhees, @balajis, and @kevinbankston
Forums: Hacker News, r/LocalLLaMA, r/singularity, and Slashdot
| 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, Meta, The Verge, Platformer, TechCrunch, VentureBeat, TechCrunch, Simon Willison's Weblog, Hugging Face, CNBC, WhatsApp Blog, Washington Post, MarkTechPost, TechRadar, Android Police, Bloomberg Originals on YouTube, Fast Company, Benzinga, Patently Apple, ZDNET, Press Association, Bloomberg, The Guardian, Maginative, The Information, Wired, The Irish Times, Constellation Research, Quartz, About Amazon, CoinGape, Axios, and Engadget
Threads: @zuck, @timothybucksf, @crumbler, @brandonlive, @benedictevans, @daveleebbg, and @yannlecun. Instagram: Mark Zuckerberg
X: @aiatmeta, @elonmusk, @emollick, @aravsrinivas, @corbtt, @neil_chilson, @teortaxestex, @emollick, @pwendell, @soumithchintala, @minchoi, @basedbeffjezos, @karpathy, @mascobot, @skirano, @_akhaliq, @aiatmeta, @garymarcus, @metanewsroom, @tobi, @ahmad_al_dahle, @astonzhangaz, @ylecun, @thom_wolf, @bbgoriginals, @matthewberman, @deanwball, @emollick, @ramaswmysridhar, @hingeloss, @alphasignalai, @andrewyng, @togethercompute, and @hingeloss. Forums: Hacker News
| Benj Edwards / Ars Technica: |
More: VentureBeat, Nvidia Newsroom, Amazon Web Services, Inc., Fierce Electronics, Cryptopolitan, Groq, Fortune, Benzinga, Wccftech, Tech Startups, and Neowin
X: @gabrielmbmb_, @kevinsxu, @gfodor, @cocktailpeanut, @simonw, and @ralphbrooks. Facebook: Mark Zuckerberg. Forums: Ars OpenForum
| 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: Associated Press, Yahoo Finance, Neowin, The Guardian, Fortune, Constellation Research, Shacknews, Quartz, 9to5Google, Channel Futures, and Cryptopolitan
Threads: @crumbler. X: @thetranscript_, @swiftstories, @munster_gene, @munster_gene, and @martyswant. 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:| Jennifer Elias / CNBC: |
Alphabet reports Other Bets Q2 revenue of $365M, up from $285M in Q2 2023, a $1.13B loss, up from $813M, and announces a “multiyear” investment of $5B in Waymo — Alphabet is again investing in its self-driving car unit Waymo — this time with $5 billion.
More: TechCrunch, Shacknews, The National, Business Insider, and The Robot Report
| 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: Appleosophy, MacRumors, The Age, Macworld, 9to5Mac, The Shortcut, iMore, Forbes, Decrypt, Laptop Mag, Wired, GSMArena.com, The Straits Times, Gizmodo, Android Authority, New York Post, CNET, Android Headlines, BGR, MobileSyrup, Supercharged, Patently Apple, GameSpot, Liliputing, Pocket-lint, Investing.com, PhoneArena, Cult of Mac, Tom's Guide, Gizmochina, iPhone in Canada Blog, Business Times, and Digital Trends
Forums: r/wallstreetbets, Slashdot, and MacRumors Forums
| 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 …
More: Bloomberg, Crypto Briefing, Crypto Adventure, DL News, The Crypto Times, BleepingComputer, CoinJournal, Protos, Cointelegraph, crypto.news, and CoinGape
X: @dydx, @blowfishxyz, @dydx, @blueclarityone, @hsakatrades, and @dydx
| 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| 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, Associated Press, The Register, TechCrunch, The Hill, CNBC, Finextra, The Cyber Express, PCMag, Quartz, and Payments Dive
X: @matthewstoller, @swiftstories, @dorajfacundo, @ftc, @owenslindsay1, and @megangra
| Eva Roytburg / Fortune: |
Elon Musk says “I am not donating $45M a month to Trump”, and that he created America PAC to support Trump, without revealing precisely how much he is donating — Elon Musk is not spending $45 million a month to elect former President Donald Trump, though he has created …
More: Fortune, The Hill, New York Times, and ExtremeTech
Threads: @lorakolodny, @karaswisher, @martinsfp, and @kbode
X: @faizsays, @internethippo, @elonmusk, @mikeisaac, @stuartpstevens, @pitdesi, @teddyschleifer, @teddyschleifer, @juddlegum, @teddyschleifer, @elonmusk, and @yashar
Forums: r/DecodingTheGurus, r/TheAllinPodcasts, r/MarchAgainstNazis, r/AntiTrumpAlliance, r/thedavidpakmanshow, r/Conservative, r/EnoughMuskSpam, r/VaushV, r/conspiracy, r/uspolitics, r/RealTesla, r/AnythingGoesNews, r/facepalm, r/politics, r/behindthebastards, r/NewsOfTheStupid, r/LeopardsAteMyFace, r/inthenews, and r/TrumpIsPoor
| 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 …
More: Android Authority, Digital Trends, MobileSyrup, TechCrunch, Tom's Guide, TechHive, Android Police, and 9to5Mac
| Ashley Carman / Bloomberg: |
More: The Hollywood Reporter, The Information, Spotify, Android Headlines, Variety, PYMNTS.com, Dexerto, and Reuters
Threads: @carnage4life. X: @sarafischer, @alexweprin, @thetranscript_, and @eldsjal. LinkedIn: Julia Levander
| 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: Android Central, Android Authority, PCMag, The Streamable, Tom's Guide, Gizmodo, Android Headlines, iPhone in Canada Blog, ZDNET, AFTVnews, and Droid Life
Forums: r/Stadia, r/GeForceNOW, r/nvidiashield, r/AndroidTV, r/GooglePixel, r/Android, and r/googlehome
| Keith Broni / Emojipedia: |
X reverts its water pistol emoji back to a firearm on the web, after Twitter originally switched the pistol emoji from a realistic-looking handgun in 2018 — X (fka Twitter) has quietly redesigned its 🔫 Water Pistol emoji to display as a firearm. This diverges from the cross-platform conversion …
More: AppleInsider, The Verge, Android Police, and iPhone in Canada Blog
| 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.| 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, TechRadar, PhoneArena, UploadVR, MIXED Reality News, Road to VR, and Pocket-lint
Forums: r/OculusQuest, r/OculusQuest, and r/oculus
| 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| 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, Mobilegamer.biz, CNET, Tom's Guide, and iMore
| 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.
More: Dexerto. Mastodon: @antonyjohnston@mastodon …. Forums: r/gaming, r/technews, r/Games, r/singularity, and r/technology
| 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, SiliconANGLE, and eWeek
| 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, MobileSyrup, 9to5Google, Thurrott, IGN, Android Authority, How-To Geek, Gizmodo, Kotaku, Engadget, and Deadline
| 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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