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August 7, 2024, 8:55 PM
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| 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 customers' hands — Shortly after Humane released its $699 AI Pin in April, the returns started flowing in.
More: The Information, MacRumors, Gizmodo, Digital Trends, Phandroid, Tom's Guide, Quartz, Engadget, and 9to5Mac
Threads: @crumbler. Mastodon: @mhoye@mastodon.social. X: @dlberes, @carnage4life, @markgurman, @ryan_browne_, @kyliebytes, @samfbiddle, @kyliebytes, @kyliebytes, and @benbajarin
Forums: Hacker News and r/technology
| 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, Washington Post, Politico, BBC, The Times, The Register, The Guardian, Bloomberg, PCMag, BusinessLIVE, New York Times, CNBC, Washington Post, Business Insider, Mashable, Social Media Today, Telegraph, NBC News, and Mother Jones
X: @adam_grant_bell, @elonmusk, @georgemonbiot, @keir_starmer, @keir_starmer, @elonmusk, @mrjamesob, @jmpsimor, @marcowenjones, @mrdenmore, @annasophiegross, @adam_grant_bell, @mij_europe, @elonmusk, @sangitamyska, @johnobrennan2, @jamesrbuk, @elonmusk, @drjennings, @aaronbastani, @netblocks, @iandunt, @webdevlaw, @tomabacon, and @elonmusk
Forums: r/politics, r/inthenews, r/NewsAndPolitics, and r/ukpolitics
| Natasha Lomas / TechCrunch: |
| Nicholas Sutrich / Android Central: |
Meta closes Ready at Dawn Studios, which it acquired in 2020 and produced VR games like Lone Echo and Echo VR, to meet the new Reality Labs budgetary ceiling — Echo VR developer Ready at Dawn Studios is now closed for business. — Updated 8/17 at 5:19pm ET: The information Android Central …
More: Road to VR, Game Developer, Engadget, UploadVR, Gematsu, Press Start, IGN, PC Gamer, Phandroid, TheGamer, VG Charts, Neowin, Video Games Chronicle, MIXED Reality News, Eurogamer.net, Push Square, Digital Trends, Niche Gamer, and PlayStation LifeStyle
X: @tyrielwood, @edzitron, @ethangach, @chadverrall, @nathievr, @lunayian, @thomas_griebel, @jeffcannata, @hero_kvatch, @shrives93, @7egend, @asychov, @gwanatu, and @gwanatu
Forums: r/Games, r/oculus, r/OculusQuest, r/pcgaming, r/PS5, r/PS4, and r/virtualreality
| Chris Dolmetsch / Bloomberg: |
A US judge orders Ripple to pay a $125M penalty for selling XRP to institutional investors, well below the ~$2B the SEC had sought in the case; XRP jumps 20%+ — - Regulator had sought almost $2 billion in fines, penalties — Ripple token XRP surges on court ruling but is flat this year| 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 est.; LYFT closes down 17.2% — - Outlook miss threatens to overshadow progress to grow margins — Rideshare company posts quarterly profit for first time
More: Lyft, TechCrunch, SiliconANGLE, Benzinga, Proactive, The Information, Associated Press, Investor's Business Daily, Reuters, Uber, and CNBC
| 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 … | 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% to $1B; SHOP closes up 17.8% — These Are the 10 AI Startups to Watch in 2024 … Quicktake
More: PYMNTS.com, Shopify, The Information, Benzinga, and Investor's Business Daily
| Bill Peters / MarketWatch: |
Robinhood reports Q2 revenue up 40% YoY to $682M, vs. $640M est., crypto transaction revenue up 161% to $81M, and net income of $188M, up from $25M in Q2 2023 — Cryptocurrencies revenue up 161% in second quarter, while equities revenue rises 60% — Robinhood Markets Inc. reported second …
More: PYMNTS.com, The Information, The Block, The Crypto Times, SiliconANGLE, Cointelegraph, CoinGape, Reuters, Proactive, and Robinhood
X: @thetranscript_, @robinhoodapp, and @cnbcovertime
| 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: MacRumors, Android Authority, PCMag, IGN, Digital Trends, Android Headlines, PhoneArena, 9to5Mac, TechRadar, Wired, BGR, Kotaku, Business Insider, and How-To Geek
Forums: r/DisneyPlus, r/technology, r/television, Slashdot, and MacRumors Forums
| Todd Spangler / Variety: |
| RTÉ: |
Ireland's DPC launches High Court proceedings against X over concerns about the company's use of user data in the EU and EEA to train AI systems including Grok — The Data Protection Commission has launched High Court proceedings against Twitter International Unlimited Company over concerns … | Sarah Perez / TechCrunch: |
Meta says Facebook creators who violate Community Standards for the first time will be given the option to take a training course to remove their warning — Facebook creators are being given a new option that will help them avoid jail — “Facebook jail,” that is — upon their first violation, and at various times after.| Evan Gorelick / Bloomberg: |
Bumble reports Q2 revenue up 3.4% YoY to $268.6M, vs. $273.2M est., and projects 1% to 2% annual revenue growth, vs. 8.4% expected; BMBL drops 28%+ after hours — - Company projects 1% to 2% revenue growth, down from 8% to 11% — Dating firm ties lower outlook to ‘reset’ of growth strategy| 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: Silicon Republic, TechCrunch, The Register, DatacenterDynamics, CRN, and insideHPC
| Türkiye Today: |
Turkey bans Roblox, after blocking Instagram on August 2; a Turkish official said the ban was primarily related to sexual content that could lead to child abuse — Roblox, the widely popular online gaming platform, is banned in Türkiye on Wednesday, a move that comes in the wake of a nationwide block on Instagram.
More: Game Rant, Dot Esports, JURIST, PocketGamer.biz, Türkiye Today, Turkish Minute, Yeni Safak, and Stockholm Center for Freedom
X: @mahajansi, @rbxnews_, @notblate, and @alextanooki
| 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: Jetpack, WordPress.com News, and SiliconANGLE
| Lily Hay Newman / Wired: |
A researcher details a Windows Update vulnerability that could be exploited to downgrade key components of Windows to older versions that contain known flaws — A researcher found a vulnerability that would let hackers strategically downgrade a target's Windows version to reexpose patched vulnerabilities.
More: The Register, Washington Post, SecurityWeek, SafeBreach, PCMag, BleepingComputer, and Cybernews.com. Mastodon: @HoustonDog@mastodon.world
| Patrick Clark / Bloomberg: |
Zillow names COO Jeremy Wacksman as CEO, replacing Rich Barton, who is stepping down to become co-executive chair; Zillow reported Q2 earnings topping estimates — - COO Wacksman will take over as chief executive officer — Housing freeze has battered company's share price this year| 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: Fortune, CoinGape, Tom's Hardware, COINOTAG NEWS, Neowin, TipRanks Financial, and Cryptopolitan
Bluesky: @marypcbuk.bsky.social. X: @lexnfx, @johnwilson, @benbajarin, and @rogoway. Forums: r/AMD_Stock
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