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August 7, 2024, 2:25 PM
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| Financial Times: |
UK officials say X has been less responsive to removing disinformation than Google, Meta, and TikTok, as Elon Musk launches a series of jibes at PM Keir Starmer — Social media site owner Elon Musk has also been posting jibes at UK Prime Minister Keir Starmer
More: Wired, BBC, Politico, The Guardian, The Times, Bloomberg, Fortune, Business Insider, Mashable, CNBC, New York Times, Washington Post, Social Media Today, NBC News, Telegraph, Mother Jones, The Independent, and Inc.com
X: @elonmusk, @elonmusk, @sangitamyska, @webdevlaw, @mrjamesob, @jmpsimor, @marcowenjones, @mrdenmore, @annasophiegross, @adam_grant_bell, @mij_europe, @elonmusk, @johnobrennan2, @jamesrbuk, @elonmusk, @drjennings, @aaronbastani, @netblocks, @iandunt, @tomabacon, and @elonmusk
Forums: r/politics, r/inthenews, and r/ukpolitics
| Todd Spangler / Variety: |
Disney reports Q3 revenue up 4% YoY to $23.2B and its streaming business turned a profit, a first, with a $47M operating income, vs. a $512M loss in Q3 2023 — Company warns weak theme park demand could extend into the ‘next few quarters’ … That said, there were some mixed emotions … | Emma Roth / The Verge: |
Disney CEO Bob Iger says the company's password sharing crackdown will kick off “in earnest” in September, after announcing paid sharing in February 2024 — Disney Plus will soon no longer let you share your password with people outside your household.
More: PCMag, 9to5Mac, Wired, PhoneArena, TechRadar, IGN, BGR, Business Insider, Digital Trends, Android Headlines, and How-To Geek
Forums: r/technology, r/DisneyPlus, r/television, and Slashdot
| Natalie Lung / Bloomberg: |
Lyft reports Q2 revenue up 41% YoY to $1.4B, Gross Bookings up 17% to $4.02B, vs. $4.07B est., and projects Q3 Gross Bookings below estimates; LYFT drops 12%+ — - Outlook miss threatens to overshadow progress to grow margins — Rideshare company posts quarterly profit for first time| Kylie Robison / The Verge: |
Sources: Humane's Ai Pin and accessories have brought in $9M+ in sales, and $1M+ worth of product has been returned; ~7,000 Ai Pins are still in customer hands — Shortly after Humane released its $699 AI Pin in April, the returns started flowing in.| Spencer Soper / Bloomberg: |
Shopify reports Q2 revenue up 21% YoY to $2.05B, vs. $2B est., Gross Merchandise Volume up 22% to $67.2B, and gross profit up 25% YoY to $1B; SHOP jumps 20%+ — - Results show company is navigating cautious consumer spending — Revenue outlook for current quarter also beat projections
More: BetaKit, The Information, Barron's Online, Reuters, Benzinga, CNBC, Proactive, Shopify, Investor's Business Daily, and The Logic
| Tom Warren / The Verge: |
AMD says its flagship Ryzen 9 9950X with 16 cores will launch on August 15 for $649, or $50 less than the Ryzen 9 7950X, and other new CPUs are $20-$50 cheaper — AMD has finally revealed the launch prices for its new range of Ryzen 9000 desktop CPUs, and it's pricing them slightly lower than the Ryzen 7000 launch prices.
More: HotHardware, TechRadar, ExtremeTech, Forbes, GamingOnLinux, XDA Developers, Wccftech, Digital Trends, Windows 11 Forum, OC3D, PC Gamer, Club386, Guru3D, and PCWorld
X: @amdryzen and @ghost_motley
Forums: r/pcgaming and r/hardware
| Etan Vlessing / The Hollywood Reporter: |
Roku plans to launch a free, ad-supported 24/7 sports channel on August 12, with live Sunday MLB games, Originals, and more on its devices, apps, and website — The free, ad-supported 24/7 service will stream Major League Baseball games, the ‘The Rich Eisen Show’ talker … | Katharine Gemmell / Bloomberg: |
The UK CMA approves HPE's $14B deal to acquire Juniper Networks after finding no competition concerns, following the EU's unconditional approval on August 1 — The Competition and Markets Authority said Wednesday it had cleared the tie-up after investigating whether it would cause a substantial lessening of competition in the UK.
More: DatacenterDynamics, The Register, Silicon Republic, TechCrunch, insideHPC, and CRN
| Ryan Browne / CNBC: |
Sony reports Q1 revenue up 2% YoY to ~$20.5B, vs. ~$19.31B est., operating profit up 10% YoY to ~$1.92B, vs. $1.89B est., and 2.4M PS5 units sold, down 27% YoY — Sony on Wednesday reported a 10% jump in operating profit in the fiscal first quarter, beating analyst expectations … | Reuters: |
Sweden's EQT plans to buy a majority stake in Swiss cybersecurity and data protection company Acronis, sources say valuing Acronis at $4B, up from $3.5B in 2022 — Sweden's EQT (EQTAB.ST) said on Wednesday it will acquire a majority stake in Swiss cybersecurity and data protection company Acronis.
More: EQT, CRN, TechCrunch, EU-Startups, Blocks and Files, and The Register
| Paul Sawers / TechCrunch: |
Automattic debuts Write Brief with AI, to help users write and tweak content using text prompts, in beta on Jetpack, after launching an AI writing tool in 2023 — Automattic, the owner of WordPress.com, has launched a new AI tool designed to help bloggers write more clearly and succinctly.
More: SiliconANGLE, Jetpack, and WordPress.com News
| The Information: |
Sources: Opal, previously Opal Camera, which makes $300 webcams, raised a $60M Series B led by OpenAI Startup Fund and plans to make new OpenAI-powered devices — OpenAI CEO Sam Altman has long been interested in building an AI-powered device for consumers, similar to the one featured in Spike Jonze's movie “Her.”
More: The Verge and Marcus on AI
| Max A. Cherney / Reuters: |
Sources: in 2017 and 2018, Intel and OpenAI executives discussed Intel buying a 15% stake for $1B in cash, but CEO Bob Swan did not go forward with the deal — For U.S. chip giant Intel, the darling of the computer age before it fell on harder times in the AI era, things might have been quite different.
More: Tom's Hardware, Neowin, COINOTAG NEWS, Fortune, and CoinGape
| Lily Hay Newman / Wired: |
A look at UnDisruptable27, a new project backed by a $700K grant to help fix cybersecurity weaknesses in US water, food, health care, and other vital sectors — As digital threats against US water, food, health care, and other vital sectors loom large, a new project called UnDisruptable27 aims …
More: Institute for Security …. Mastodon: @craignewmark@mastodon.social. X: @joshcorman and @lilyhnewman
| Jessica Lyons / The Register: |
CrowdStrike shares a root cause analysis of the July 19 outage, and says it hired two third-party security firms to review its Falcon threat-detection suite — And reveals the small mistake that bricked 8.5M Windows boxes — CrowdStrike has hired two outside security firms to review …
More: CrowdStrike, Cybersecurity Dive, SC Media, Runtime, WinBuzzer, The Hacker News, SecurityWeek, and The Cyber Express
Mastodon: @gregeganSF@mathstodon.xyz. X: @iavins, @zoidctf, @taliaringer, @arekfurt, @rohan_devarc, @grady_booch, @crowdstrike, @uk_daniel_card, @tianyin_xu, @202accepted, @arekfurt, @arekfurt, @puponsecurity, @royvanrijn, @chrisalbon, and @erratarob
LinkedIn: Stephanie S. and Jon Robertson
| CNBC: |
More: The Verge, Ars Technica, Barron's Online, Quartz, ComputerWeekly.com, CNN, The Register, Cybersecurity Dive, PCMag, WinBuzzer, TweakTown, TechRadar, Associated Press, Business Today, Cyber Daily, Benzinga, Skift, NBC News, Mashable, Axios, Windows Central, Neowin, Reuters, DatacenterDynamics, and Bloomberg
Threads: @bdsams. X: @david_slotnick, @sysadafterdark, @andrewjmcclure, @tomwarren, @film_girl, @kpottermn, and @paulrobichaux. LinkedIn: Patrick Moorhead
Forums: r/technology and r/delta
| Lauren Forristal / TechCrunch: |
Reddit says it plans to test AI-powered search result pages to “summarize and recommend content” later in 2024, powered by first-party and third-party tech — Reddit users will soon see AI-generated summaries at the top of search results. — Reddit CFO Drew Vollero told investors during … | Jonathan Vanian / CNBC: |
More: Reddit Upvoted, Social Media Today, MarketWatch, AdExchanger, Reuters, The Information, Investor's Business Daily, Reuters, and Bloomberg
Threads: @jonathan_vanian_1. X: @tidefallcapital, @glenngabe, and @tidefallcapital. Forums: r/wallstreetbets
| Sarah Perez / TechCrunch: |
Brian Chesky says Airbnb plans to expand into new products and services, including co-hosting in fall 2024, guest services, and relaunching experiences in 2025 — Airbnb CEO Brian Chesky suggested on Tuesday's Q2 earnings call with investors that the company will soon expand into new products and services … | Natalie Lung / Bloomberg: |
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