Techmeme
August 28, 2024, 7:00 PM

Top News

Kif Leswing / CNBC:
Nvidia reports Q2 revenue up 122% YoY to $30B, vs. $28.7B est., forecasts Q3 revenue above est., and says it approved an additional $50B in share buybacks  —  Nvidia reported earnings after the bell that beat Wall Street expectations for earnings and guidance, and provided stronger-than-expected guidance for the current quarter.
Gaspard Sebag / Bloomberg:
Pavel Durov is charged in France for complicity in the spread of CSAM and other crimes on Telegram; prosecutors set a €5M bail and ban him from leaving France  —  - Prosecutors set €5 million bail, ban Durov from leaving France  — Telegram says CEO has ‘nothing to hide’ and seeks resolution
Politico:
French administrative document: alongside Pavel Durov, French authorities issued an arrest warrant for his Telegram co-founder and brother Nikolai in March 2024  —  PARIS — French authorities issued arrest warrants for Telegram CEO Pavel Durov and his co-founder brother Nikolai in March …
Wall Street Journal:
Financial Times:
New York Times:
Wall Street Journal:
Sources: OpenAI is in talks for a funding round valuing it above $100B; Thrive Capital is leading the round and will invest ~$1B, and Microsoft will also invest  —  Thrive Capital and Microsoft are among investors putting several billion dollars into ChatGPT maker
Abner Li / 9to5Google:
Google rolls out Imagen 3 to all Gemini users and Gems, which allows the creation of custom Gemini chatbots, to Gemini Advanced, Business, and Enterprise users  —  Following the preview at I/O 2024 in May, Gemini is rolling out Gems, as well as Imagen 3, to Advanced subscribers.  —  Gems
Julia Love / Bloomberg:
Katherine Ross / Blockworks:
Nate Raymond / Reuters:
A US court rules TikTok must face a lawsuit over a 10-year-old's death and the “blackout challenge”, saying algorithmic curation isn't protected by Section 230  —  A U.S. appeals court has revived a lawsuit against TikTok by the mother of a 10-year-old girl who died after taking part in a viral …
Sarah Perez / TechCrunch:
Threads now lets users see and like fediverse replies on other posts besides their own, and posts submitted via Threads API will be syndicated to the fediverse  —  Threads is deepening its ties to the fediverse, also known as the open social web, which powers services like X alternative Mastodon …
David Pierce / The Verge:
ESPN launches a Where to Watch feature on its website and app, which aims to be a universal guide for streaming sports with data from 250+ streaming services  —  ESPN's newest feature will be a welcome bookmark for sports fans everywhere: the company just launched “Where to Watch,” …
Brody Ford / Bloomberg:
Super Micro delays filing its annual financial disclosures, a day after short-seller Hindenburg Research alleged “glaring accounting red flags”; SMCI drops 25%+  —  - Delay follows Hindenburg short alleging ‘accounting red flags’  — Shares of the server maker tumbled after trading opened
Sylvia Varnham O'Regan / The Information:
Sources: Meta plans to release a new MR device codenamed Puffin in 2027, resembling a bulky pair of glasses with a second unit for battery and computing power  —  Meta Platforms is planning a new mixed reality device that resembles a bulky pair of glasses, according to two Meta employees.
Andy Greenberg / Wired:
Q&A with Signal President Meredith Whittaker on the app's 10th anniversary, its EU focus, being a nonprofit, Pavel Durov's arrest, X, the US election, and more  —  On its 10th anniversary, Signal's president wants to remind you that the world's most secure communications platform is a nonprofit.
Mark Gurman / Bloomberg:
Sources: Apple lays off ~100 people in its services group, impacting Apple Books, News, and other teams, a rare move as part of a shift in the unit's priorities  —  Apple Inc. took the rare step of cutting about 100 jobs in its services group, part of a shift in priorities for the critical division …

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