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August 29, 2024, 4:25 AM
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| Kif Leswing / CNBC: |
Nvidia reports Q2 revenue up 122% YoY to $30B, above $28.7B est., forecasts Q3 revenue above est., and approves 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.
More: Nvidia Newsroom, CoinGape, New York Times, //www.investmentweek.co.uk/, Neowin, Business Today, Thurrott, Coinpedia Fintech News, Shacknews, Financial Times, Cointelegraph, Livemint, NBC News, NTD, Cryptopolitan, Forbes, Fast Company, The Information, Livewire Markets, Capital Brief, Newser, Wall Street Pit, Wccftech, Bloomberg Television on YouTube, Wall Street Journal, NewsBytes, The Irish Times, and The Crypto Times
X: @lisaabramowicz1, @banana3stocks, @tszzl, @firstadopter, @edludlow, @firstadopter, @benbajarin, @munster_gene, @munster_gene, @benbajarin, @benbajarin, @benbajarin, @ericjhonsa, @benbajarin, @banana3stocks, @banana3stocks, @thestalwart, @benbajarin, @adamscochran, @kgreifeld, @jason, @danielhowley, and @macyagilliam
LinkedIn: Chris Perkins and Johnross ‘JR’ Reyes
Forums: r/business and r/NVDA_Stock
| Financial Times: |
More: Invezz, City A.M., Wall Street Journal, Reuters, Livemint, Deccan Herald, Fortune, Reuters, The National, Invezz, CNBC, FX Empire, Australian Financial Review, The Straits Times, The West Australian, CNBC, Shacknews, ShareCafe, Wall Street Journal, Channel NewsAsia, Sydney Morning Herald, and The Irish Times
| Bloomberg: |
More: Tom's Hardware, Benzinga, Business Insider, Wccftech, BNN Bloomberg, Fortune, Nikkei Asia, and Proactive
X: @bloombergtv, @cnbcovertime, and @technology
| Wall Street Journal: |
Sources: OpenAI is in talks to raise funding at a $100B+ valuation; 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
More: Reuters, Financial Times, New York Times, CNBC, Livemint, Cointelegraph, CoinGape, PYMNTS.com, The Information, SiliconANGLE, The Media Leader, Cryptopolitan, TechCrunch, Business Insider, San Francisco Business Times, Benzinga, and The Crypto Times
Threads: @moskov. X: @danprimack, @bkesling, @jesserpound, @katie_roof, @shiringhaffary, and @andrewcurran_
Forums: Hacker News and r/OpenAI
| Gaspard Sebag / Bloomberg: |
France charges Pavel Durov 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
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Threads: @brian.fishman.5, @brian.fishman.5, @brian.fishman.5, @brian.fishman.5, @brian.fishman.5, @brian.fishman.5, @brian.fishman.5, and @brian.fishman.5
X: @amasad, @jsrailton, @tuckercarlson, @danprimack, @elonmusk, @autismcapital, @kimdotcom, and @randcorporation
Forums: Hacker News and r/worldnews
| Politico: |
More: New York Times, Tech Policy Press, Axios, Ars Technica, The Hacker News, GovInfoSecurity.com, DNyuz, The Daily Caller, The Kyiv Independent, The Crypto Times, DataBreachToday.com, Slate, Cryptopolitan, BBC, Le Monde.fr, Gizmodo, Breitbart, New York Post, and Financial Times
Mastodon: @rvps2001@mastodon.social and @metacurity@infosec.exchange
X: @_andyburrows, @aliwalker24, @yaroslavazhnyuk, and @evahartog
Forums: r/worldnews and r/Republican
| 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 …
More: Engadget, PhoneArena, Social Media Today, and The Verge
Threads: @threads, @pcottle, @karissabe, @rstephens, @omar.tosca, @theromit, @theinstantwin, @gossithedog, @ben.werdmuller, @ericflo, and @chris
Mastodon: @FediPact@cyberpunk.lol, @markdarb@mastodon.social, and @BeAware@social.beaware.live. Forums: r/technology
| Nico Grant / New York Times: |
Yelp sues Google, alleging Google used its dominance in general search to gain an unfair advantage in local search services and local search advertising markets — Yelp complained for more than a decade that Google tilted the search market in its favor. After its rival's landmark legal loss, it finally decided to sue.
More: Yelp, The Verge, Android Police, Proactiveinvestors UK, Benzinga, Livemint, MediaPost, The Hollywood Reporter, Bloomberg, Tom's Guide, Yahoo Finance, Shacknews, CTV News, PYMNTS.com, Android Authority, The Information, Techaeris, One America News Network, Axios, Wall Street Journal, The Shortcut, Moneycontrol, Bloomberg Law, Washington Post, Courthouse News Service, Washington Examiner, Just The News, and Engadget
Threads: @rstephens. X: @adamkovac, @adamkovac, @kristileilani, @adamkovac, @adamkovac, @edzitron, @jeremys, @adamkovac, @yelp, @adamkovac, @nicoagrant, @lutherlowe, @rakeshsfnyc, and @ddayen
Forums: r/technology and r/google
| 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: |
More: Ars Technica, Reuters, TechCrunch, Axios, Cointelegraph, The Information, MediaPost, Malay Mail, PCMag, Silicon UK, Yahoo News, Mashable SEA, Tom's Guide, and The Verge
| Jaspreet Singh / Reuters: |
CrowdStrike reports Q2 revenue up 32% YoY to $963.9M, vs. $958.6M est., and cuts its FY 2025 revenue and profit forecasts, after July's Windows outage — CrowdStrike (CRWD.O) cut its annual revenue forecast on Wednesday, in a sign that demand for its cybersecurity products could have taken … | Katherine Ross / Blockworks: |
OpenSea says the US SEC sent it a Wells notice calling NFTs sold on the platform securities; CEO Devin Finzer says the company is “ready to stand up and fight” — OpenSea CEO Devin Finzer said in a post on X that the company is “ready to stand up and fight”| Larry Dignan / Constellation Research: |
Salesforce reports Q2 revenue up 8% YoY to $9.33B, vs. $9.23B est., net income of $1.43B, up from to $1.27B in Q2 2023, and says CFO Amy Weaver will step down — Salesforce reported better than-expected second-quarter results but revenue growth was up 8%. CFO Amy Weaver will also step down.
More: Salesforce, SiliconANGLE, Bloomberg, CNBC, and San Francisco Business Times
| Eric Slivka / MacRumors: |
Kuo: in the 2025 iPhone lineup, only the iPhone 17 Pro Max will have 12GB DRAM and an upgraded cooling system combining vapor chamber tech and graphite sheets — Just a day after a noted leaker on Chinese microblogging site Weibo suggested the iPhone 17 lineup in 2025 could see an upgrade …
More: AppleInsider, iClarified, Benzinga, Patently Apple, Forbes, Sammy Fans, 9to5Mac, and Android Headlines
X: @mingchikuo, @thegalox_, @tailosivetech, and @thegalox_
Forums: r/apple and MacRumors Forums
| 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 …
More: The Verge, The Register, Yahoo Finance, Law & Crime, SiliconANGLE, Dexerto, Ars Technica, CBS News, The Independent, New York Post, LAW.com, Associated Press, New York Daily News, United States Court of Appeals for the Third Circuit, and Bloomberg Law
Bluesky: @daphnek.bsky.social, @daphnek.bsky.social, @daphnek.bsky.social, @daphnek.bsky.social, @daphnek.bsky.social, @daphnek.bsky.social, and @mmasnick.bsky.social
| Anna Tong / Reuters: |
California's State Assembly passes the AI safety bill SB 1047, which now goes back to the Senate for a process vote before requiring Governor Newsom's signature — California lawmakers passed a hotly contested artificial-intelligence safety bill on Wednesday, after which it will need … | 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,” …
More: ESPN Press Room U.S., ESPN, Ars Technica, Reuters, Advanced Television, Associated Press, Digital Trends, Barrett Media, Engadget, Front Office Sports, Spyglass, The Desk, Deadline, Awful Announcing, 9to5Mac, The Streamable, The Hill, Android Headlines, The Wrap, The Hollywood Reporter, Media Play News, and Variety
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