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August 5, 2024, 8:34 PM
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| Leah Nylen / Bloomberg: |
US v. Google: a federal judge rules that Google illegally monopolized the search market, including through deals to be the default option on phones and browsers — Google's payments to make its search engine the default on smartphone web browsers violates US antitrust law, a federal judge ruled Monday …
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Threads: @flasheeto, @neil.cybart, @thejeffhou, @thekenyeung, @passantino, @karaswisher, @brianstelter, and @daveleebbg
Mastodon: @parismarx@mastodon.online and @theory@xoxo.zone
X: @rakeshsfnyc, @jason_kint, @ddayen, @lutherlowe, @amir, @carnage4life, @lutherlowe, @lexnfx, @megangra, @florian4gamers, @ballmatthew, @modestproposal1, @jason_kint, @neilcybart, @timsweeneyepic, @florian4gamers, @stevesi, @benthompson, @lexnfx, @rakeshsfnyc, @briancalbrecht, @alexeheath, @delrey, @bobbyallyn, @lutherlowe, @bcmerchant, @alexeheath, @benthompson, @vidushi_law, @vidushi_law, and @benremaly. LinkedIn: Emil Protalinski
Forums: Hacker News, r/technology, r/politics, r/degoogle, r/WorkReform, r/google, r/news, r/technology, r/apple, r/firefox, r/ValueInvesting, and MacRumors Forums
| Aditya Soni / Reuters: |
Apple, Alphabet, and Amazon shares fell 4%+, Nvidia fell 6%, and Microsoft and Meta fell ~3% amid worries about a potential US recession and massive AI spending — Apple (AAPL.O) and other heavyweight companies sold off on Monday as U.S. recession fears and Berkshire Hathaway's (BRKa.N) …
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X: @qcapital2020, @jonerlichman, @thestalwart, @zerohedge, @nikitabier, @rawsalerts, @pitdesi, @yrechtman, @garymarcus, @kelseyhightower, @edludlow, @thestalwart, @spectatorindex, @squawkcnbc, and @ldignan
Forums: Blind and MacRumors Forums
| Tanaya Macheel / CNBC: |
Bitcoin dropped below $50,000, its lowest level since February 2024 and down 17% since August 3, and ether dropped 15% to ~$2,300, as global markets plummet — Cryptocurrencies tumbled amid a global market sell-off spurred by recession fears. — The price of bitcoin was last lower by 7% …
More: Reuters, CoinShares Research Blog, Decrypt, New York Post, Mind Matters, Wall Street Journal, NewsBTC, Bloomberg, New York Times, CNBC, New York Times, The Block, Bloomberg, Decrypt, New York Times, Bloomberg, Financial Times, and Reuters
X: @justinsuntron, @jonwu_, @peruvian_bull, @intocryptoverse, @tolstoybb, @thestalwart, @thestalwart, @levie, @loopifyyy, @smtuffy, @deitaone, @birdyword, @thestalwart, @iwriteok, @thestalwart, @naiivememe, and @buccocapital
Forums: r/business, r/worldnews, and r/neoliberal
| Financial Times: |
Investor letter: Elliott Management says megacap tech stocks, particularly Nvidia, were in “bubble land”, and AI is “overhyped” and “not ready for prime time” — Hedge fund tells clients many supposed applications of the technology are ‘never going to actually work’| Samantha Cole / 404 Media: |
Sources: Nvidia scraped sources like Netflix and YouTube to train an unreleased foundational model; concerned staff were told they had full clearance to do so — Nvidia scraped videos from Youtube and several other sources to compile training data for its AI products, internal Slack chats …
More: Game Developer, Engadget, Pivot to AI, The Daily Upside, Futurism, Simon Willison's Weblog, Cryptopolitan, Digital Trends, and iPhone in Canada Blog
Mastodon: @timnitGebru@dair …, @paco@infosec.exchange, and @simon@fedi.simonwillison.net
X: @samleecole, @jason_koebler, @samleecole, @mkbhd, @minimaxir, @simonw, @simonw, @jason_koebler, @josephfcox, @samleecole, @minimaxir, and @jason_koebler. LinkedIn: Samantha Cole
Forums: r/singularity, r/hardware, r/NVDA_Stock, r/technology, and Slashdot
| New York Times: |
In an email to staff, Linda Yaccarino says X will close its San Francisco office and move workers to San Jose offices and a new Palo Alto office shared with xAI — Elon Musk, X's owner, has clashed with California's leaders and has said the social media platform would move its headquarters to Texas.| Cade Metz / New York Times: |
Elon Musk revives his OpenAI lawsuit, filing a complaint in California to allege that OpenAI, Sam Altman, and Greg Brockman breached OpenAI's founding contract — The Tesla chief executive has renewed claims that the A.I. start-up put profits and commercial interests ahead of the public good.
More: Reuters, CNN, VentureBeat, The Verge, Financial Times, The Hill, SiliconANGLE, United States District Court, Northern District of California, Axios, Marcus on AI, The Crypto Times, Associated Press, Mashable, Cryptopolitan, Fortune, Benzinga, Decrypt, The Hollywood Reporter, PYMNTS.com, Ars Technica, Neowin, WinBuzzer, Tech Xplore, AI News, Android Headlines, Business Today, Quartz, Wall Street Journal, Windows Central, New York Post, Engadget, PCMag, CNBC, and Deadline
| Washington Post: |
In a letter, the secretaries of state from PA, WA, MI, NM, and MN ask Elon Musk to change X's AI assistant Grok to stop it from spreading false election info — Grok, the AI search assistant on Musk's X platform, suggested that Kamala Harris had missed the ballot deadline in nine states. She hasn't.
More: TechCrunch, Associated Press, Office of the Minnesota Secretary of State, Axios, Cryptopolitan, Gizmodo, Business Insider, The Guardian, Quartz, KOIN.com, Reuters, and NBC News
X: @garymarcus and @ronbrownstein
Forums: r/Twitter and r/politics
| Wes Davis / The Verge: |
A look at some of Apple's pre-prompt instructions for Apple Intelligence, including “do not hallucinate” for a text generation feature — Apple's latest developer betas launched last week with a handful of the generative AI features that were announced at WWDC and are headed to your iPhones … | John Schulman / @johnschulman2: |
OpenAI co-founder John Schulman departs to join Anthropic and focus on AI alignment, and says “I'm not leaving due to lack of support for alignment research” — I shared the following note with my OpenAI colleagues today: I've made the difficult decision to leave OpenAI. This choice stems from my desire to deepen my focus on AI alignment, and to start a new chapter of my career where I can return to hands-on technical work. I've decided
| Todd Bishop / GeekWire: |
Memo from Microsoft's chief people officer: “everyone at Microsoft” now has “security” as a “Core Priority”, used in performance reviews — Microsoft will elevate security to the status of “core priority” for all employees as part of the process of focusing … | Cherlynn Low / Engadget: |
In a fifth dev beta for iOS 18, iPadOS 18, and macOS 15, Safari gets Distraction Control, which lets users block distracting elements on the page like pop-ups — You'll get to choose which page element to block on a site, as long as it doesn't change. — Ahead of the full release of iOS 18 …
More: MacRumors, Computerworld, 9to5Mac, The Independent, AppleInsider, CNET, MacRumors, Redmond Pie, 9to5Mac, TechCrunch, iThinkDifferent, The Verge, OS X Daily, MacRumors, TechRadar, Neowin, Forbes, iMore, 9to5Mac, LifeHacker, AppleInsider, BGR, and Trusted Reviews
X: @avstorm, @edeas___, @nickadobos, @brandonbutch, and @bzamayo
| Kyle Wiggers / TechCrunch: |
OpenAI says it's changing the format of its DevDay conference this fall to a series of on-the-road developer sessions and GPT-5 will not be announced during it — Last year, OpenAI held a splashy press event in San Francisco during which the company announced a bevy of new products and tools … | Sergiu Gatlan / BleepingComputer: |
Researchers discover a bug, exploited since 2018, in Windows Smart App Control and SmartScreen that lets attackers avoid security warnings for unsigned binaries — A design flaw in Windows Smart App Control and SmartScreen that enables attackers to launch programs without triggering security warnings … | Nilay Patel / The Verge: |
Q&A with Booking CEO Glenn Fogel on the company's Booking.com, OpenTable, Kayak, Priceline, and Agoda brands, using AI to book trips, hotels, and more — The head of online hotel and flight giant Booking on how competition, regulation, and AI are changing travel.
More: Skift
| Anne VanderMey / Bloomberg: |
AI chip startup Groq raised a $640M Series D led by BlackRock at a $2.8B valuation, up from $1B after raising $300M in 2021, and adds a former Intel exec as COO — Cisco and Samsung invested in the $640 million deal — Artificial intelligence startup Groq Inc. has raised $640 million in new funding …
More: The Register, Groq, PYMNTS.com, TechCrunch, Unite.AI, Maginative, VentureBeat, The Decoder, Fortune, DatacenterDynamics, insideHPC, Quartz, The Information, FinSMEs, Tech Startups, SiliconANGLE, Financial Times, Reuters, and Axios
| Reuters: |
Software consultancy Thoughtworks to be taken private by PE firm Apax Partners for ~$1.75B; TWKS jumps 26%+ but is still far below its 2021 IPO price — Thoughtworks (TWKS.O) on Monday agreed to be taken private by Apax Partners in a deal worth about $1.75 billion, the technology consultancy firm said …
More: Tech Startups
| Harshita Mary Varghese / Reuters: |
Lumen, which sells data center networking and security products, says it secured new deals worth $5B from tech companies amid AI surge; LUMN up 35%+ after hours — Telecommunications firm Lumen Technologies (LUMN.N) has secured new deals worth $5 billion from cloud and tech companies …
More: Benzinga and Fierce Network
| Bloomberg: |
CrowdStrike says Delta CEO Ed Bastian failed to respond to an assistance offer from CEO George Kurtz; CrowdStrike hopes Delta will “agree to work cooperatively” — The allegation, in a letter Sunday from attorneys for the technology firm, builds upon CrowdStrike's claim last week …
More: The Verge, Wall Street Journal, Associated Press, Cybersecurity Dive, Gizmodo, CNN, BleepingComputer, New York Post, WebProNews, iTnews, Windows Central, PCMag, Digital Trends, NBC News, New York Times, Reuters, and Financial Times
Bluesky: @marypcbuk.bsky.social. X: @david_slotnick, @kpottermn, @moetkacik, and @david_slotnick. Forums: r/technews
| Ingrid Lunden / TechCrunch: |
Source: Placer.ai, which provides AI-powered market research based on location data, raised $75M at a $1.45B valuation, up from $1B at its Series C — Location data, for better or worse, continues to be a part of the bedrock of how apps are built. Now a startup developing AI market research based …
More: SiliconANGLE
| Mihai Matei / SamMobile: |
Sources: Samsung plans to bring some Galaxy AI features to select mid-range smartphones as well, including the Galaxy A35 and Galaxy A55 which launched in 2024 — We have some exciting information to share, especially for Galaxy A phone users hoping to get their hands on some Galaxy AI action.
More: Notebookcheck, GSMArena.com, iPhone in Canada Blog, Android Central, 9to5Google, and Android Headlines
Forums: r/samsunggalaxy and r/Android
| Lizette Chapman / Bloomberg: |
Palantir raises 2024 revenue guidance to $2.74B-$2.75B and operating income guidance to $966-$974M, vs. $882.9M est., citing AI demand; PLTR up 16%+ after hours — - CEO Karp stresses technology's importance to US military … In a call with analysts, Palantir Chief Executive Officer Alex Karp … Sponsor Posts
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| Zach Dorfman / Politico: |
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