Techmeme
August 7, 2024, 4:15 AM

Top News

Sara Fischer / Axios:
X sues the World Federation of Advertisers, GARM, and GARM members CVS Health, Mars, Orsted, and Unilever over what Linda Yaccarino calls an “illegal boycott”  —  Members include major tech companies, advertisers, agencies, ad tech firms and advertising coalitions.
More: New York Times, Platformer, TechCrunch, The Register, Ars Technica, PCMag, Mashable, Rumble, New York Post, BBC, Pirate Wires, The Verge, Engadget, Social Media Today, SiliconANGLE, Adweek, Android Headlines, Fast Company, The Hollywood Reporter, The Verge, Business Insider, MobileSyrup, The Independent, The Hill, Deadline, Wired, Quartz, Reuters, Digiday, Thurrott, Bloomberg, Variety, The Information, Financial Times, Digiday, and Ad Age
Chris Welch / The Verge:
Google unveils the $100 Google TV Streamer, with better performance than Chromecast with Google TV, Thread and Matter support, and more, shipping September 24  —  Google isn't waiting for its upcoming hardware event to announce the Chromecast's successor.  Alongside the new, sleeker Nest Thermostat …
Jennifer Pattison Tuohy / The Verge:
Google unveils Gemini-based features for Google Home, coming later in 2024: descriptive captions for Nest camera videos, a smarter Assistant for Nest, and more  —  Amazon has already announced its plans for a smarter Alexa to power your home.  Now, it's Google's turn to promise that it can produce a better …
Abner Li / 9to5Google:
CNBC:
Michelle Pokrass / OpenAI:
OpenAI unveils Structure Outputs in the API, a feature to ensure model-generated outputs match JSON Schemas, and lower pricing for a new version of GPT-4o  —  We are introducing Structured Outputs in the API—model outputs now reliably adhere to developer-supplied JSON Schemas.
The Verge:
Annie Palmer / CNBC:
Supermicro shares drop 13% after hours after the company reported Q4 earnings missing analyst expectations, and announces a 10-for-1 stock split  —  Shares of server company Super Micro Computer plunged 13% on Tuesday after the company announced fiscal fourth-quarter earnings that missed analyst expectations.
Jonathan Vanian / CNBC:
Reddit Q2: revenue rose 54% YoY to $281.2M, vs. $254M est., Daily Active Uniques increased 51% YoY to 91.2M, and net loss dropped from $41.1M to $10.1M YoY  —  Reddit reported second-quarter results on Tuesday that topped analysts' estimates.  —  Here are the key numbers:
Natalie Lung / Bloomberg:
Jessica Lyons / The Register:
CrowdStrike shares a root cause analysis of the July 19 outage, and says it's working with two third-party software security vendors to conduct further review  —  And reveals the small mistake that bricked 8.5M Windows boxes  —  CrowdStrike has hired two outside security firms to review …
CNBC:
Sony reports Q1 revenue up 2% YoY to ~$20.5B, above ~$19.31B est., and operating profit up 10% YoY to ~$1.92B, above $1.89B est.  —  Sony reported a 10% jump in operating profit in the fiscal first quarter, beating analyst expectations.
Winston Cho / The Hollywood Reporter:
Division in Hollywood's approach to AI is growing, as some studios want to use AI tools more often in production, while unions aim to establish guardrails  —  While unions aim to establish guardrails and artists are going to court, studios are looking to use AI tools more often in production.
Jason Koebler / 404 Media:
Behind the YouTube influencers, WhatsApp and Telegram groups, and services like FewFeed fueling Facebook's problem of creators profiting from viral “AI slop”  —  Gyan Abhishek is standing in front of a giant touch screen, like Jim Cramer on Mad Money or an ESPN talking head analyzing a football play.
Fei-Fei Li / Fortune:
California's AI safety bill will harm developers, open-source development, the public sector, and academia, while failing to address the potential harms of AI  —  Fei-Fei Li, PhD, is a computer scientist who is widely credited with being the ‘Godmother of AI’. … Today, AI is more advanced than ever.

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Earlier Picks

Doug Bock Clark / ProPublica:
Benjamin Mullin / New York Times:
Chris Metinko / Crunchbase News:
Natalie Lung / Bloomberg: