Open Links In New Tab
Mobile Archives Site News
Techmeme
August 2, 2024, 12:55 AM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Sponsor Events Newsletter

Top News

Apple Inc.:
Apple reports Q3 revenue up 5% YoY to $85.8B, net income up 8% to $21.4B, Americas net sales up 6% to $37.7B, and Europe net sales up 8% to $21.9B  —  June quarter records for Revenue and EPS Services revenue reaches new all-time high  —  Apple® today announced financial results …
Kif Leswing / CNBC:
Apple Q3 revenue: iPhone down 1% YoY to $39.30B, Mac up 2% YoY to $7.01B, iPad up 24% YoY to $7.16B, and Wearables, Home, and Accessories down 2% YoY to $8.10B  —  Apple reported fiscal third-quarter earnings on Thursday that beat Wall Street expectations, with overall revenue rising 5%.
Dean Takahashi / VentureBeat:
Intel plans to cut 15%+ of its workforce, the majority by the end of 2024, as part of a $10B cost reduction plan and to suspend its dividend starting in Q4 2024  —  Intel announced that it will lay off 15% of its workforce as part of a broad cost-reduction program.
Jordan Novet / CNBC:
Intel reports Q2 revenue down 1% YoY to $12.8B, vs. $12.9B est., Data Center and AI down 3% YoY to $3B, and gives light Q3 guidance; INTC drops 17%+ after hours  —  Intel shares slid as much as 20% in extended trading on Thursday after the chipmaker said it would lay off over 15% of its employees …
Amazon.com, Inc.:
Amazon reports Q2 revenue up 10% YoY to $148B, a $13.5B net income, vs. $6.7B YoY, $14.7B operating income, vs. $7.7B YoY, subscription sales up 10% to $10.9B  —  Amazon.com, Inc. (NASDAQ:AMZN) today announced financial results for its second quarter ended June 30, 2024.
Bill Toulas / BleepingComputer:
Infoblox and Eclypsium: since 2018, Russian hackers hijacked 35K+ registered domains using Sitting Ducks attacks that involve exploiting DNS configuration flaws  —  Threat actors have hijacked more than 35,000 registered domains in so-called Sitting Ducks attacks that allow claiming …
Chance Miller / 9to5Mac:
Apple files a motion to dismiss the US DOJ's antitrust lawsuit, arguing the lawsuit has not demonstrated anticompetitive conduct and would harm innovation  —  Apple has officially filed a motion to dismiss the Department of Justice's antitrust lawsuit filed in May. Apple argues the case …
Jordan Novet / CNBC:
In its annual report, Microsoft adds OpenAI as a competitor in AI offerings and search and news advertising; OpenAI unveiled its prototype SearchGPT last week  —  Microsoft's relationship with OpenAI has officially become more complicated.  —  On Tuesday, Microsoft added …
Bill Peters / MarketWatch:
Coinbase reports Q2 revenue up 105% YoY to $1.45B, vs. $1.39B est., a $36.2M net income, and forecasts subscription and services Q3 revenue below expectations  —  Stock is still up this year, as investors digest the prospect of easing regulations  —  Coinbase Global Inc. on Thursday reported …
Bill Donahue / Billboard:
Court filings: AI startups Suno and Udio respond to copyright lawsuits from major music labels, saying their use of proprietary music to train AI is fair use  —  In their first responses to the sweeping copyright lawsuits that could define AI music, lawyers for Suno and Udio don't exactly hold back.
Ivan Mehta / TechCrunch:
Google unveils AI features for Chrome on desktop, including support for Google Lens and searching history via natural language queries, rolling out in the US  —  Google Thursday said that it is introducing new Gemini-powered features for Chrome's desktop version, including Lens for desktop …
Zac Hall / 9to5Mac:
The Twitter for Mac app appears to have been delisted from the App Store; some users say their X accounts were suspended after using the X for iPad app on macOS  —  As noted by Vedant, the official Twitter for Mac app is currently missing from the Mac App Store.
David Shepardson / Reuters:
A US appeals court blocks the FCC's reinstatement of net neutrality rules, saying broadband providers are likely to succeed in a legal challenge  —  A U.S. appeals court on Thursday blocked the Federal Communications Commission's reinstatement of landmark net neutrality rules …
Akash Sriram / Reuters:
Snap reports Q2 revenue up 16% YoY to $1.24B vs. $1.25B est., DAUs up 9% YoY to 432M, and forecasts Q3 revenue below expectations; SNAP drops 15%+ after hours  —  Snap (SNAP.N) forecast current-quarter sales and adjusted core earnings below market expectations on Thursday as the Snapchat owner grapples …
Paul Alcorn / Tom's Hardware:
Intel extends the warranty for its boxed Core 13th and 14th Gen desktop processors by an additional two years, due to customers experiencing instability issues  —  Trying to build goodwill.  —  Intel told us today that it will extend the warranty on its boxed Intel Core 13th- and 14th-Gen processors by two additional years.

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
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 …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Sponsor Techmeme
Techmeme Ride Home:
 (BNS) Brian's Appearance On Daily Detroit
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
Sponsor this podcast
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:55 AM ET, August 2, 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

Peter White / Deadline:
Fox and Hulu extend their content partnership, including in-season streaming rights for Fox's programming; sources: the deal is worth $1.5B over four years

Andrew Deck / Nieman Lab:
Experts expect a surge in FOIA requests in Trump's second term, causing more delays and lawsuits; FOIA.gov: as of Q3 2024, the backlog of requests reached 222K+

Jonathan Stempel / Reuters:
A New York judge finds Sirius XM liable for a difficult subscription cancellation process; Sirius says it will appeal but abide by a new “click-to-cancel” rule

More News

Associated Press:
A Montenegro appeals court upholds a ruling to hand over Terraform Labs co-founder Do Kwon to South Korea, rejecting a bid to extradite him to the US
CyberScoop:
The US releases Russian cybercriminals Roman Seleznev and Vladislav Klyushin as part of a prisoner swap that freed 16 people from Russia

Earlier Picks

Kate Conger / New York Times:
Don Lemon sues Elon Musk and X, arguing Musk refused to pay him after a $1.5M/year exclusive X content deal fell apart; Lemon did not sign a formal contract
Brian Steinberg / Variety:
WBD, Disney, and Fox plan to launch their joint sports streaming venture Venu for $42.99 per month initially, with a seven-day free trial, expected in fall 2024
Natasha Lomas / TechCrunch:
The EU's AI Act takes effect, triggering staggered compliance deadlines for various AI developers and apps; most provisions will be fully applicable by mid-2026
Shirin Ghaffary / Bloomberg:
OpenAI tells US lawmakers that it is “dedicated” to “rigorous safety protocols at every stage of our process” and is working with the US AI Safety Institute
Allison Johnson / The Verge:
Apple Intelligence in iOS 18.1 beta hands-on: meaningful Siri language understanding improvements and Siri text input is nice, but few other notable features
Alex Heath / The Verge:
On Meta's earnings call, Mark Zuckerberg said Llama 4 will need almost 10x more compute to train than Llama 3.1, Quest 3 sales exceeded expectations, and more
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Sponsor Events Newsletter