Techmeme
October 8, 2024, 10:20 AM

Top News

Kati Pohjanpalo / Bloomberg:
The Royal Swedish Academy of Sciences awards the Nobel Prize in Physics to John Hopfield and Geoffrey Hinton for “foundational discoveries” in machine learning  —  - John J. Hopfield, Geoffrey E. Hinton worked on neural networks  — Their work laid foundations for machine learning and AI
Sean Hollister / The Verge:
Epic v. Google: a US judge orders Google to open the Play Store to rivals from November 1 for three years, distribute third-party stores within Play, and more  —  Google's Android app store is an illegal monopoly — and now it will have to change. … Google will have to distribute rival …
Lee-Anne Mulholland / The Keyword:
Reuters:
Samsung estimates Q3 operating profit up 274% YoY to ~$6.78B, falling short of analysts' estimates of ~$7.66B, as it lags rivals in the booming AI chip market  —  Samsung Electronics (005930.KS) estimated on Tuesday its third-quarter operating profit jumped 274%, but that was short …
Yoolim Lee / Bloomberg:
Sarah Wynn / The Block:
Crypto.com sues the US SEC after receiving a Wells notice that the agency plans to bring an enforcement action against it; Consensys sued the SEC in April 2024  —  - The crypto trading platform said it decided to sue the agency after receiving a Wells notice and said the SEC's actions left them “with no other choice.”
Wall Street Journal:
Short seller Hindenburg releases a report accusing Roblox of inflating user metrics to investors and prioritizing growth over protecting minors; RBLX drops 5%+  —  Research firm alleges the videogame company has exaggerated user data and engagement figures  —  Short-selling firm Hindenburg Research …
Joe Rossignol / MacRumors:
Two Russian YouTube channels posted videos of an alleged new 14-inch M4 MacBook Pro base model, in what could be the worst Apple product leak since the iPhone 4  —  Alleged photos and videos of an unannounced 14-inch MacBook Pro with an M4 chip continue to surface on social media …
Kathrin Hille / Financial Times:
Foxconn Chair Young Liu says the company plans to build a plant in Mexico's Guadalajara to make Nvidia GB200 Blackwell AI servers, as tech decouples from China  —  Decision to base plant in Guadalajara shows ‘nearshoring’ of supply chains away from China  —  Electronics manufacturing group Foxconn …
Jess Weatherbed / The Verge:
Adobe launches a Content Authenticity web app to let creators use its Content Credentials “nutrition labels” to apply attribution and opt out of AI training  —  Adobe is expanding its Content Credentials “nutrition labels” to make it even easier for creatives to be credited for their work …
Zack Whittaker / TechCrunch:
MoneyGram says hackers “accessed and acquired” some customers' personal and transaction data, including SSNs, during a cyberattack between September 20 and 22  —  U.S. money transfer giant MoneyGram has confirmed that hackers stole its customers' personal information and transaction data during a cyberattack last month.
Bloomberg:
A US bankruptcy judge approves repaying FTX customers, and FTX is in talks over $1B in seized US assets; in June 2024, FTX had $12.6B, which may rise to $16.5B  —  - FTX judge approves plan to distribute at least $12.6 billion  — Company in talks over $1 billion seized by prosecutors

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