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September 4, 2024, 12:40 PM
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Top News

Reuters:
Safe Superintelligence, co-founded by ex-OpenAI chief scientist Ilya Sutskever, raised $1B from a16z, Sequoia, DST, and others, sources say at a $5B valuation  —  Safe Superintelligence (SSI), newly co-founded by OpenAI's former chief scientist Ilya Sutskever, has raised $1 billion in cash …
Max A. Cherney / Reuters:
Sources: Intel's contract manufacturing business has suffered a setback after tests with chipmaker Broadcom using Intel's advanced 18A chipmaking process failed  —  Intel's (INTC.O) contract manufacturing business has suffered a setback after tests with chipmaker Broadcom (AVGO.O) failed …
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 …
Rhian Lubin / The Independent:
Elon Musk, in an eventually deleted X post, promoted a Tucker Carlson interview with a Hitler apologist who downplayed the Holocaust and said Nazis were humane  —  Self-proclaimed historian Darryl Cooper claimed Winston Churchill ‘was the villain of Second World War’ and that millions …
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.
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.
Will Shanklin / Engadget:
Microsoft says Intel's Core Ultra 200V and AMD's Ryzen AI 300 chips will support Copilot+ AI features from November 2024, expanding from Qualcomm exclusivity  —  A software update will bring features like Live Captions, Cocreator in Paint and Windows Studio Effects.
Sean Hollister / The Verge:
Qualcomm announces its first eight-core Snapdragon X Plus chips, which will ship in new Asus Zenbook S 15 and Dell Inspiron 14 laptops, 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.
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
Maxwell Zeff / TechCrunch:
Anthropic launches Claude Enterprise, offering a context window of 500,000 tokens, higher rate limits, and GitHub integration, but refuses to disclose the price  —  Anthropic is launching a new subscription plan for its AI chatbot, Claude, catered towards enterprise customers …
Tom Warren / The Verge:
In July 29 comments to the UK CMA, Microsoft says Apple's App Review Guidelines changes aren't enough for it to operate a native Xbox Cloud Gaming app for iOS  —  Earlier this year Apple started opening up its App Store to game streaming services like Xbox Cloud Gaming and GeForce Now …
Paul Sawers / TechCrunch:
The UK CMA says Microsoft's acquihire of Inflection's team doesn't cause competition concerns, and won't pursue an investigation, but calls the deal a merger  —  Good news for Microsoft: The U.K.'s antitrust regulator says that the tech titan's high-profile acquihire of the team behind AI startup Inflection …
Yang Jie / Wall Street Journal:
A test of ~1,300 top games on Microsoft's ARM Copilot+ PCs finds only about half ran smoothly; Microsoft says some titles with demanding graphics may not run  —  Qualcomm-Arm processor chips have compatibility problems with ‘Fortnite’ and other titles  —  The latest Windows personal computers …
Aisha Counts / Bloomberg:
Letter: Evan Spiegel tries to rally Snap's employees amid a ~45% YTD stock drop and says Snap plans to test two new ad formats in the chat inbox and on Snap Map  —  - Snap's stock is down almost 50% on ad business struggles  — Social media app will begin testing new advertising formats
TechCrunch:
X debuts a beta TV app “on several app stores”, like for Amazon Fire TV and Google TV, to court advertisers, creators, and partners to a “video-first platform”  —  Years ago, Twitter tried but eventually walked away from building TV apps after getting a lukewarm reception.
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  —  Shares of AI heavyweight Nvidia (NVDA.O) tumbled 9.5% on Tuesday in the deepest ever single-day decline in market value for a U.S. company …
Katie Roof / Bloomberg:
Cortex, which sells an internal development portal for teams making software, raised $60M from Sequoia, Stripe's 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. …
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About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:40 PM ET, September 4, 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

Bloomberg:
Blackstone agrees to acquire Australian data center operator AirTrunk in a deal valuing the company at around $16.1B
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

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
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
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
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
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