Techmeme: Sources: Guangzhou-based robotaxi company WeRide is seeking ~$100M in a US initial public offering and around $200M to $300M in a concurrent private placement (Bloomberg)

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August 9, 2024, 3:00 PM

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Michael Kan / PCMag:

Intel delays its Innovation event, slated for September and expected to include details about new CPUs, until 2025, citing its financial results and H2 outlook — The chipmaker is delaying one of its biggest events, which was slated for September and expected to include more details about upcoming processors.

More: AnandTech, HotHardware, Pocket-lint, OC3D, ExtremeTech, Neowin, The Verge, TechRadar, Tom's Hardware, Wccftech, TechSpot, HackerNoon, Club386, KitGuru, PC Guide, TechPowerUp, TweakTown, VideoCardz.com, and Notebookcheck. X: @kylebrussell

Andy Greenberg / Wired:

IOActive researchers detail “Sinkclose”, a vulnerability in almost all AMD chips dating back to 2006 that allows attackers to run code in System Management Mode — Researchers warn that a bug in AMD's chips would allow attackers to root into some of the most privileged portions of a computer …

More: PCMag, Engadget, BleepingComputer, Tom's Hardware, and IOActive

Mastodon: @agreenberg@infosec.exchange. X: @a_greenberg, @notolymp1a, and @ioactive

Forums: Hacker News, r/hardware, r/technology, r/cybersecurity, r/Amd, r/pcmasterrace, r/wallstreetbets, Beehaw, and Lobsters

Matt Burgess / Wired:

A researcher shows five proof-of-concept ways that Copilot can be manipulated by attackers, including turning it into an automatic spear-phishing machine — Attacks on Microsoft's Copilot AI allow for answers to be manipulated, data extracted, and security protections bypassed, new research shows.

More: The Register, PC Gamer, Security Boulevard, Dark Reading, Cybernews.com, and Zenity

Mastodon: @mattburgess@infosec.exchange. LinkedIn: Lana Salameh. Forums: r/technews and r/technology

The Guardian:

UK PM Keir Starmer says ministers will review the Online Safety Act, after London mayor Sadiq Khan said it was “not fit for purpose” following far-right riots — Move comes after London mayor Sadiq Khan said role of misinformation in unrest showed law was unfit for purpose

More: Financial Times, Washington Post, TechCrunch, The Verge, and The Economic Times

Forums: r/ukpolitics, r/unitedkingdom, and r/technology

Clothilde Goujard / Politico:

The Irish Data Protection Commission says X has agreed to pause training Grok using millions of Europeans' public posts it collected between May 7 and August 1 — X will pause training its artificial intelligence chatbot Grok with some European users' posts, according to Europe's chief privacy watchdog.

More: TechCrunch, Tech Xplore, Silicon Republic, The Cyber Express, PYMNTS.com, Computerworld, MEDIANAMA, and PhoneArena

Reuters:

Sources: Cisco plans a second round of layoffs in 2024, affecting at least as many as the 4,000 laid off in February, to be announced as soon as August 14 — Cisco (CSCO.O) will cut thousands of jobs in a second round of layoffs this year as the U.S. networking equipment maker shifts focus …

More: CRN, Bloomberg, and Reuters

LinkedIn: Utkarsh Shetti and Dave Lewis

Financial Times:

Perplexity says its AI search engine answered ~250M queries in the past month vs. 500M in 2023; sources: Perplexity recently raised $250M at a $3B valuation — Artificial intelligence app boosts usage and sales despite controversy over its data-gathering techniques

More: Benzinga and 24/7 Wall St.

X: @mandarkagade. LinkedIn: Damian Burns

@martin_casado:

[Thread] A roundup of recent announcements from researchers, businesses, and academic institutions opposing California's AI safety bill — .@Scott_Wiener continues to falsely claim narrow opposition to SB 1047. When in reality there is massive public outcry across research, academic, public and private business and finance. Here is a mega roundup of recent announcements that fully debunk the Senator's claims 🧵

More: Semafor and The San Francisco Standard

X: @drfeifei, @tituswu100, @animaanandkumar, @anjneymidha, @danhendrycks, @martin_casado, @martin_casado, @robsaker, @aftfuture, @abcampbell, @deanwball, @psychosort, @andrewyng, @m2saxon, and @noahpinion

Tom's Hardware:

Intel details a microcode patch, available through BIOS updates, to address the elevated voltage issues that can damage some Core 13th and 14th Gen desktop CPUs — You need to install a BIOS update to ensure that your Raptor Lake CPU is not frying itself. — For the first time …

More: The Verge, PCWorld, Windows 11 Forum, PetaPixel, and TechSpot

Katie Roof / Bloomberg:

DevRev, which develops AI tools to improve the efficiency of employees on support, product, and engineering teams, raised $100M at a $1.15B valuation — - The corporate software developer raised $100 million — Nutanix co-founder Dheeraj Pandey co-founded and leads DevRev

More: Reuters

Financial Times:

Since the OpenAI board dispute, Microsoft diversified AI investments and partnerships, built its own models, and hired aggressively for its consumer AI efforts — The tech giant has worked to execute an AI strategy independent of Sam Altman's start-up following a leadership crisis last year

X: @hkanji and @rwang07

Bloomberg:

Sources: Guangzhou-based robotaxi company WeRide is seeking ~$100M in a US initial public offering and around $200M to $300M in a concurrent private placement — - Chinese robotaxi firm granted securities regulator nod in 2023 — Renault Nissan Mitsubishi Alliance agreed to back listing

More: TechCrunch and Pandaily

Washington Post:

The Google monopoly ruling dealt a blow to one of Big Tech's main arguments against regulation: that 19th-century antitrust laws can't address tech innovation — The first big tech-sector anti-monopoly ruling in a generation challenges the idea that the internet era has outgrown U.S. antitrust law.

X: @econliberties

Nilay Patel / The Verge:

Q&A with DOJ antitrust boss Jonathan Kanter on the US' Google win, being “overjoyed”, the appeal, Google's Apple deal, competition, market definitions, and more

More: The Information, Tech Policy Press, Financial Times, American Prospect, and JD Supra

Threads: @daveleebbg. Mastodon: @KimPerales@toad.social. X: @modestproposal1

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 3:00 PM ET, August 9, 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

Variety:

AMC Networks acquires full control of BBC America, after BBC Studios sold its remaining 50.1% interest in the channel to AMC Networks for $42M in cash

Jim Milliot / Publishers Weekly:

News Corp's HarperCollins reports Q1 revenue up 4% YoY to $546M, led by a 15% YoY gain in digital sales; JD Vance's Hillbilly Elegy led titles with ~1.5M copies

Jonathan Stempel / Reuters:

CNN must face Project Veritas' defamation lawsuit after a federal appeals court finds that Project Veritas plausibly alleged that CNN acted with actual malice

More News

Mackenzie Hawkins / Bloomberg:

A look at the US' Chips and Science Act two years after its enactment on August 9, 2022, as the Biden administration nearly finishes divvying up $39B in grants

More: Columbus Business Journal and AnandTech

Bluesky: @patrickmaroney.bsky.social. X: @mackhawk

Reuters:

Venezuelan President Nicolas Maduro blocks X in the country for 10 days, accusing Elon Musk of using X to incite hate after Venezuela's disputed election

More: Inc.com, Engadget, CNBC, Reuters, Associated Press, Al Jazeera, Agence France-Presse, Xataka On, TweakTown, MercoPress, TechRadar, Deutsche Welle, BBC, Benzinga, and Anadolu Ajansı …

X: @kanthan2030, @santasurfing, and @daveatherton20. Forums: r/worldnews

Earlier Picks

Wall Street Journal:

Sources: enterprise AI company Glean is in advanced talks to raise $250M led by DST Global at a $4.5B valuation, about double its valuation from February 2024

More: Silicon Valley Business … and PYMNTS.com

Jay Peters / The Verge:

OpenAI now lets ChatGPT free users to generate up to two images per day using DALL-E 3, after launching DALL-E 3 to ChatGPT Plus subscribers in October 2023

More: Financial Express, How-To Geek, Android Authority, MacRumors, iPhone in Canada Blog, Digital Trends, Tom's Guide, Benzinga, 9to5Mac, WinBuzzer, ZDNET, Wccftech, Business Today, Business Standard, Moneycontrol, Neowin, Notebookcheck, and Pocket-lint

X: @openai. Forums: Hacker News and r/singularity

Zaheer Kachwala / Reuters:

Take-Two reports Q1 net bookings up 1% YoY to $1.22B, vs. $1.25B est., net revenue up 4%, and expects sequential growth in net bookings in FY 2026 and FY 2027

More: Game Developer, VentureBeat, GamingBolt, Investor's Business Daily, Wall Street Journal, Variety, Kotaku, and GamesIndustry.biz

Wired:

OpenAI reveals details of GPT-4o's safety testing, including concerns that its anthropomorphic voice may make some users emotionally attached to their chatbot

More: Ars Technica, OpenAI, The Verge, Quartz, Mashable, TechCrunch, Tom's Guide, The Decoder, WinBuzzer, Cointelegraph, Android Headlines, MarkTechPost, Windows Central, Financial Express, Business Today, Neowin, and CoinGape

X: @aisafetymemes, @simonw, @joheidecke, @teknium1, @lindsmccallum, and @openai

LinkedIn: Sebastian Mueller, Emil Protalinski, and Sandro Gianella. Forums: r/OpenAI

Brian Heater / TechCrunch:

Google's DeepMind Robotics team shows a table tennis robot that it says is a “solidly amateur human-level player” when pitted against a human

More: arXiv.org, Cybernews.com, WinBuzzer, TNW, Financial Express, Tech Xplore, MIT Technology Review, Digital Trends, CryptoGlobe, NewsBytes, How-To Geek, Ars Technica, Popular Science, The Decoder, and AIM. X: @googledeepmind

Benjamin Mayo / 9to5Mac:

Apple debuts new rules and fees for apps in the EU that link to the web for purchases, including allowing links to any website, and removes other restrictions

More: The Verge, Android Authority, Apple Developer, Computerworld, Mobile Dev Memo, MusicTech, Xataka On, Reuters, MacRumors, Daring Fireball, PhoneArena, iThinkDifferent, BGR, Pixel Envy, TechCrunch, iClarified, Spyglass, Thurrott, mjtsai.com, PYMNTS.com, Macworld, Neowin, Cult of Mac, AppleInsider, and TechCrunch

Threads: @eshumarneedi. Mastodon: @stroughtonsmith …, @iKyle@mastodon.social, and @stroughtonsmith …

X: @eric_seufert, @mysk_co, @mgsiegler, @carnage4life, @carnage4life, @bzamayo, @ballmatthew, and @mgsiegler. Forums: r/apple

Josh Self / Politics.co.uk:

In a now-deleted X post, Elon Musk reposted a fake Telegraph story shared by a far-right party about the UK opening “Detainment Camps”; the post had 1.8M views

More: The Guardian, Politico, Reuters, Business Today, BBC, Wired, Fortune, The Mirror, The Guardian, Times of India, Tech.eu, The Independent, The Daily Beast, and NBC News

Threads: @martinsfp and @daveleebbg

Mastodon: @bodhipaksa@mastodon.scot, @bodhipaksa@mastodon.scot, and @JoshuaHolland@mastodon.social

X: @josh_self_, @shayan86, @telegraph, @josh_self_, @mattzeitlin, @jimmysecuk, @jakubkrupa, @jackbailey2, @sundersays, @jonathanpienews, @elonmusk, @elonmusk, @philmoorhouse76, @drjennings, @gerryhassan, @mij_europe, and @albertonardelli

Forums: r/news, r/Law_and_Politics, r/LabourUK, and r/EnoughMuskSpam