Techmeme
August 30, 2024, 12:20 PM

Top News

Greg Bensinger / Reuters:
Sources: Amazon's revamped “Remarkable” Alexa, due for release in October 2024, will be powered primarily by Anthropic's Claude, and cost $5 to $10 per month  —  Amazon's revamped Alexa due for release in October ahead of the U.S. holiday season will be powered primarily …
Takashi Mochizuki / Bloomberg:
Sources: Tencent and NetEase reconsider or scale back Japanese game studio investments, after yielding few hit games and the Chinese market staged a comeback  —  - China's biggest game publishers are rethinking expansion plans  — ‘Wukong’ success also encouraged looking domestically for hits
Ryan Smith / AnandTech:
AnandTech shuts down after covering PC and mobile hardware for over 27 years; publisher Future plans to keep AnandTech's website and articles live indefinitely  —  It is with great sadness that I find myself penning the hardest news post I've ever needed to write here at AnandTech.
Bloomberg:
Sources: Intel explores options after a 50%+ stock drop YTD, including splitting its product and foundry units and potentially scrapping some factory projects  —  - Once-dominant chipmaker looks to longtime bankers for help  — Possible moves could include split of product, foundry units
Chainalysis:
Huione Guarantee, a Cambodia-based online marketplace that facilitates pig butchering and other scams, has processed $49B+ in crypto transactions since 2021  —  Sensitive content warning  —  This article will touch on topics of criminal activity that readers may find distressing, including Child Sexual Abuse Material.
Leo Schwartz / Fortune:
Bridge, which aims to build a global payment network around stablecoins, raised $40M led by Sequoia and Ribbit, taking its total funding to $58M  —  The crypto industry has long sought a “killer app” to bring digital assets into the mainstream.  Recently, though, some are pointing …
Bloomberg:
Sources: Nvidia, Apple, and Microsoft, the three most valuable tech companies, are in talks to participate in a funding round that would value OpenAI at $100B+  —  - Apple, Microsoft also have been in talks about participating  — Financing would value OpenAI at more than $100 billion
Maxwell Zeff / TechCrunch:
Google rolls out Gmail Q&A, a feature that allows users who pay for Gemini to chat with the AI assistant about their emails, on Android and “coming soon to iOS”  —  Gmail users on Android devices can now chat directly with Google's AI assistant, Gemini, about their emails in the Gmail app.
Carl Franzen / VentureBeat:
Alibaba releases Qwen2-VL, a new AI model that it says can analyze videos longer than 20 minutes to summarize and answer questions about the videos' contents  —  Alibaba Cloud, the cloud services and storage division of the Chinese e-commerce giant, has announced the release of Qwen2-VL …
More: QwenX: @alibaba_qwen, @altryne, @altryne, and @reach_vbForums: r/LocalLLaMA
Rachel Graf / Bloomberg:
A federal judge dismisses a lawsuit claiming Elon Musk and Tesla pumped up Dogecoin into a “pyramid scheme”, finding that Musk's statements were “aspirational”  —  Investors who lost tens of thousands of dollars investing in the cryptocurrency faulted Musk for promoting …
Daniel Carvalho / Bloomberg:
On August 18, a Brazilian Supreme Court justice blocked SpaceX's bank accounts and threatened to block X in Brazil, in a bid to force Elon Musk to pay X's fines  —  - Starlink bank accounts blocked to pay for fines on X  — Court threatens to block X for lack of Brazil representative
New York Times:
Sources: the cryptology part of France's charges against Pavel Durov raises concerns at US tech companies with E2EE messaging apps, like Signal, Apple, and Meta  —  The criminal charges against Pavel Durov, Telegram's founder, raised concerns in Silicon Valley about encryption and the app's approach to privacy and security.
Manish Singh / TechCrunch:
Investor note: 360 One valued Bengaluru-based VerSe, which runs popular news aggregator Dailyhunt, at $2.9B in June 2024, down from its ~$5B valuation in 2022  —  Indian tech and media startup VerSe, which operates popular news aggregator Dailyhunt, is worth about 42% below its last private valuation …
Saritha Rai / Bloomberg:
A look at Google's HeAR, a bioacoustics health care AI model trained on 300M sounds, including 100M coughs, to analyze patients' coughs and detect tuberculosis  —  Google got together last week with an Indian AI startup to roll out a bioacoustics health-care model to detect disease from human sounds.

Sponsor Posts

Termina:
AI Powered Diligence at Scale  —  VCs and founders deploy Termina AI Scans on >12% of all known series A+ deals to uncover hidden risks and opportunities.  Explore how you too can invest and build better companies with AI.
Zoho:
Key components of a successful L&D strategy  —  A learning and development strategy is a comprehensive plan that focuses on devising strategies to enhance the skills and competencies of employees while aiding …
SBS Comms:
Expect Better: SBS Comms  —  The media landscape is changing fast, so don't be slow — out with the old, in with the new.  SBS helps tech companies like GitHub, Cloudflare, Flexport, Ramp and more modernize comms and secure impactful results.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Techmeme Ride Home:
Nvidia Earnings
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Decoder with Nilay Patel:
Understanding Elon Musk's polarizing ascent in the MAGA movement
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Lenny's Podcast:
An inside look at X's Community Notes | Keith Coleman (VP of Product) and Jay Baxter (ML Lead)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Generative Now:
Mikey Shulman answers your questions about Suno and making music with AI
A podcast from Lightspeed dedicated to highlighting the stories, strategies and insights behind today's most exciting AI companies.
Subscribe to Generative Now.
Channels with Peter Kafka:
Free speech is under attack
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:20 PM ET, August 30, 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.

More News

Jay Peters / The Verge:
Kif Leswing / CNBC:

Earlier Picks

Kyle Wiggers / TechCrunch:
Ina Fried / Axios:
Katie Paul / Reuters:
Zack Whittaker / TechCrunch:
Shirin Ghaffary / Bloomberg:
Nico Grant / New York Times: