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September 4, 2024, 10:35 AM
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Top News

Ben Thompson / Stratechery:
Intel should spin off its foundry business, and the US government should subsidize cutting-edge chipmaking in the US via purchase guarantees for US-made chips  —  The best way to both save Intel and have leading edge manufacturing in the U.S. is to split the company, and for the U.S. government …
Juby Babu / Reuters:
SpaceX says it's complying with a Brazilian Supreme Court justice's order to block Starlink access to X in Brazil, after the country froze some of its assets
Sarah Perez / TechCrunch:
Bluesky says that, as of September 2, it had added over 2M new users in the past week, in the wake of Brazil's ban on X
Dan Goodin / Ars Technica:
Researchers detail a side channel attack, which requires ~$11K worth of equipment and can be used to clone all YubiKeys running firmware prior to version 5.7  —  Sophisticated attack breaks security assurances of the most popular FIDO key.  —  The YubiKey 5, the most widely used hardware token …
Tom Henderson / Insider Gaming:
Ubisoft's stock fell 10%+ to an almost 10-year low in the past two days, giving it a market cap of €1.99B, following the lukewarm reception to Star Wars Outlaws  —  Ubisoft stock prices have tanked by over 10% in the past two days following a lukewarm reception to Star Wars Outlaws.
Bloomberg:
Sources: the US DOJ sent subpoenas to Nvidia and others, seeking evidence that Nvidia violated antitrust laws by making it harder to switch suppliers and more  —  - Department also sent subpoenas to third parties in case  — Nvidia has built a dominant position in AI computing
David Ingram / NBC News:
Meta's Oversight Board rules that the phrase “from the river to the sea” is not necessarily hate speech when addressing the Israeli-Palestinian conflict  —  The independent board said the phrase has ‘multiple meanings’ and is important to political speech on Instagram and Facebook.
Sean Hollister / The Verge:
Qualcomm announces its first 8-core Snapdragon X Plus chips, which will ship in new Asus Zenbook S 15 and Dell Inspiron 14, available for $899 each  —  Today, the company's announcing its first 8-core Snapdragon X Plus chips, which will feature in a new Asus Zenbook S 15 and Dell Inspiron 14 that'll retail for $899 each.
Will Shanklin / Engadget:
Microsoft says Intel's Core Ultra 200V and AMD's Ryzen AI 300 chips will add Copilot+ AI features starting in November 2024, expanding beyond Qualcomm chips  —  A software update will bring features like Live Captions, Cocreator in Paint and Windows Studio Effects.
Tom Warren / The Verge:
In comments to UK's CMA from July 29, Microsoft says Apple's changes to App Review Guidelines aren't enough for it to operate a native iOS Xbox Cloud Gaming app  —  Earlier this year Apple started opening up its App Store to game streaming services like Xbox Cloud Gaming and GeForce Now …
Katie Roof / Bloomberg:
Cortex, which sells an internal developer portal for teams making software, raised $60M from Sequoia, Stripe co-founders, and others, at a $470M valuation  —  Stripe co-founders John and Patrick Collison also joined in the $60 million funding round.  —  Cortex Applications Inc. …
Thomas Claburn / The Register:
The White House publishes a roadmap to shore up the weak security of the Border Gateway Protocol, which has long been vulnerable to route hijacking  —  The White House on Tuesday indicated it hopes to shore up the weak security of internet routing, specifically the Border Gateway Protocol (BGP).
Katrina Manson / Bloomberg:
Palo Alto Networks says it closed a $500M deal to buy IBM's QRadar cloud security software assets, and plans to migrate customers to Palo Alto's Cortex XSIAM  —  As part of the deal, Palo Alto is buying IBM's QRadar software-as-a-service assets, with the intention to migrate those customers …
More: CRN
Natalie Lung / Bloomberg:
Filing: Lyft plans to sell some of its bike and scooter business and cut 1% of its employees as it struggles to turn profitable  —  - Company sees up to $46 million in charges from restructuring  — Lyft had raised prices of NYC e-bike rentals due to high costs
More: TechCrunch and Benzinga

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From Mediagazer

Brian Stelter / CNN:
After Trump won, US journalists question what a “red wave” election says about the information environment and the media's credibility, influence, and audience

Dade Hayes / Deadline:
In an earnings call, David Zaslav says the Trump Administration may be more merger friendly, enabling a “real positive and accelerated impact on this industry”

Austin Fuller / Current:
How public media newsrooms in Nevada, Wyoming, Colorado, and Oklahoma are enhancing their statehouse journalism with funding from CPB

More News

Bloomberg:
Blackstone agrees to acquire Australian data center operator AirTrunk in a deal valuing the company at around $16.1B
Reuters:
Nvidia stock fell 9.5% on Tuesday, losing $279B in market value, the biggest single-day drop for a US company, as investors soften their optimism about AI
Tom Warren / The Verge:
Amid poor sales, Sony halts sales and offers refunds for its FPS game Concord, which launched as a $40 PS5 and PC title on August 23 after years of development
Yang Jie / Wall Street Journal:
A test of ~1,300 top games on Microsoft's new Copilot+ PCs finds only about half ran smoothly; Microsoft says some titles with demanding graphics may not play

Earlier Picks

Ryan Morrison / Tom's Guide:
China-based MiniMax launches video-01, its text-to-video AI model that generates six-second clips with 1280x720 resolution at 25 fps
CoinDesk:
Docs: Trump's crypto project, World Liberty Financial, is a DeFi lending service with four members who worked on Dough Finance, a similar app hacked in July
Josef Erl / MIXED Reality News:
Pico 4 Ultra review: with imprecise hand tracking and few good MR apps, ByteDance's $600 headset is far behind the Quest 3 and works well only as a PC VR device
Wes Davis / The Verge:
Volkswagen rolls out its ChatGPT-integrated Plus Speech voice assistant in the US, starting with the 2025 Jetta and Jetta GLI; a subscription is required
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