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May 3, 2024, 7:25 PM

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Tom Warren / The Verge:

Microsoft outlines security principles and goals tied to executive compensation packages, following a scathing US Cyber Safety Review Board report in April 2024 — - Protect identities and secrets. … - Protect tenants and isolate production systems. … - Protect networks.

More: Source, The Verge, Ars Technica, Axios, SiliconANGLE, Benzinga, OSnews, WebProNews, GeekWire, CyberScoop, Neowin, Thurrott, GeekWire, SecurityWeek, PCMag, and Beyond Search

Mastodon: @againsthimself@ioc.exchange. X: @tomwarren, @stonepwn3000, and @tomwarren

LinkedIn: Roger Grimes, Rich Mogull, and Najat Messaoud

Sarah Perez / TechCrunch:

X launches Stories on X, with news curated and summarized by Grok AI, available for Premium subscribers in the Explore tab on iOS and on the web — X, formerly Twitter, is now using Elon Musk's AI chatbot Grok to power a feature that summarizes the personalized trending stories in the app's Explore section.

More: Engadget. Bluesky: @rocksizedrock.bsky.social and @annlaabs.bsky.social

X: @xeng, @brij, @x, and @lindayax

Alex Kantrowitz / Big Technology:

Elon Musk says he wants Grok to create news summaries by relying solely on X posts, without looking at article text, and improved story citations are coming — Musk emails with details on AI-powered news inside X. An AI bot will summarize news and commentary, sometimes looking through tens of thousands of posts per story.

Mark Gurman / Bloomberg:

What to expect from Apple's May 7 event: OLED iPad Pros possibly with M4 chips, 10.9" and 12.9" iPad Airs, and updates to the Apple Pencil and Magic Keyboard — Company gears up to update its tablets for the first time since 2022 — It's been more than 18 months since Apple Inc. last updated …

More: The Information, Wall Street Journal, Ars Technica, iThinkDifferent, Laptop Mag, iMore, Quartz, MacRumors on YouTube, TweakTown, 9to5Mac, 9to5Mac, Cult of Mac, PhoneArena, AppleInsider, Digital Trends, Mashable, Wccftech, BGR, Stuff, MacRumors, MacDailyNews, Business Insider, TechCrunch, and ZDNet

X: @basicappleguy, @parkerortolani, @dylanmcd8, @benbajarin, @anshelsag, and @markgurman

Forums: r/apple and MacRumors Forums

Dan Primack / Axios:

SVB agrees to sell its VC arm SVB Capital, which manages ~$9.8B in assets, to a new entity backed by Brookfield and Sequoia Heritage for $340M in cash — - SVB Capital wasn't included in the sale of SVB's lending and wealth management units to North Carolina-based bank First Citizens …

More: The Information, Silicon Valley Business …, VCWire, Reuters, SVB Financial Group, and Finextra

X: @pitdesi and @danprimack

Reuters:

Sources: Fei-Fei Li raised a seed round for a “spatial intelligence” startup using human-like visual data processing to create AI capable of advanced reasoning — Prominent computer scientist Fei-Fei Li is building a startup that uses human-like processing of visual data …

More: The Information

Ashley Stewart / Business Insider:

Sources: Bill Gates remains intimately involved in Microsoft's operations, advising on strategy, nurturing Microsoft's relationship with Sam Altman, and more — Insiders say he's still pulling the strings at Microsoft — In 2017, just before Microsoft forged a partnership …

More: Fox News, Analytics India Magazine, and Windows Copilot News

Bluesky: @marypcbuk.bsky.social. X: @tomwarren, @timothywschwab, @hkanji, @timothywschwab, @scottjla, and @_darrencohen

LinkedIn: David Subar, Ashley Stewart, and Alistair Barr

Sarah Perez / TechCrunch:

Filing: Google pushes back on Epic's demands after its antitrust win, saying the proposed remedies are “unnecessary” and “far beyond the scope” of the verdict — In a new filing, Google is pushing back against Fortnite maker Epic Games' numerous proposed remedies …

More: GamesIndustry.biz, Reuters, PYMNTS.com, Ars Technica, Android Police, ABC, Engadget, Game World Observer, Benzinga, Android Headlines, TipRanks Financial, games fray, The Verge, and Verdict

Counterpoint Research:

Global smartphone market grew 6% YoY to 296.9M units in Q1; Samsung recaptured the top spot with a 20% market share; Apple shipments fell 13% but ASP grew 2% — - The global smartphone market grew by 6% YoY to reach 296.9 million unit shipments in Q1 2024.

More: International Business Times, Gizchina, Light Reading, Android Headlines, and Investing.com. X: @carnage4life

Lisa O'Carroll / The Guardian:

Germany “unambiguously” finds that Russian state-backed hacker Fancy Bear was behind cyberattacks in 2023 that took down several German government websites — Investigation finds hacker group linked to Russian intelligence responsible for attacks targeting politicians and defence sector

More: mzv.gov.cz, Politico, Cyber Daily, DeviceSecurity.io, BleepingComputer, Euractiv, ComputerWeekly.com, Reuters, Associated Press, and Metacurity

X: @georgeszamuely. LinkedIn: Berta Jarosova. Forums: r/worldnews

Alison Snyder / Axios:

CSET: global AI research more than doubled between 2017 and 2022; Chinese Academy of Sciences was the top producer of highly cited AI papers, followed by Google — - Roughly 32% of AI research focused on computer vision, which grew 121% in those five years.

More: Emerging Technology …, Emerging Technology …, and Blockworks

X: @emergingtechobs, @emergingtechobs, @csetgeorgetown, and @emergingtechobs

Eva Dou / Washington Post:

The FCC warns that US rural areas may lose cell service if Congress does not fill a $3B funding shortfall for US carriers to replace Huawei and ZTE equipment — The FCC chairwoman warns that rural areas are set to lose cell service if Congress does not fill a $3 billion shortfall in funding to replace Chinese technology.

More: The Verge, Huawei Central, and Android Headlines

Wesley Hilliard / AppleInsider:

Tim Cook says half of Fortune 100 companies have purchased Apple Vision Pro units and that Apple's focus is on getting more apps and more enterprises engaged — During the Apple earnings call, Apple CEO Tim Cook shared that half of Fortune 100 companies have purchased Apple Vision Pro units.

More: PC Gamer, Inc.com, PhoneArena, TechRadar, TechCentral.ie, 9to5Mac, Spyglass, MIXED Reality News, UploadVR, Benzinga, Wccftech, and UploadVR

Threads: @supremebagholder, @thurrott, @thatchriscarley, and @heaney_555. Bluesky: @realphilgold.bsky.social

X: @thetranscript_, @xpangler, @alex4d, @t3mporarybl1p, @paterfamilias, @whopio, @jimcramer, @supbagholder, @fjeronimo, @markgurman, @uploadvr, @heaney555, @neilcybart, @neilcybart, @munster_gene, @sadlyitsbradley, and @fjeronimo

Apple:

Apple reports Q2 revenue down 4% YoY to $90.75B, net income down 2% to $23.64B, and announces a $110B share buyback, its largest yet

More: Fortune, Bloomberg, mjtsai.com, Computerworld, Yahoo Finance, New York Post, Silicon Valley Business …, TechCrunch, Spyglass, 24/7 Wall St., Finbold, Neowin, Channel NewsAsia, Reuters, Euronews, City A.M., Macworld, AppleInsider, Patently Apple, NewsBytes, SiliconANGLE, MacRumors, Business Times, FX Empire, TipRanks Financial, MobileSyrup, Axios, Invezz, The Irish Times, Investor's Business Daily, Wall Street Journal, BGR, Investing.com, Daring Fireball, CNBC, Yahoo Finance, Variety, and Nikkei Asia

Threads: @neil.cybart, @carnage4life, @neil.cybart, and @chancehmiller

Mastodon: @nickheer@c.im, @jsnell@zeppelin.flights, and @jsnell@zeppelin.flights

Forums: r/economy, r/stocks, r/dividends, r/wallstreetbets, and r/apple

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This is a Techmeme archive page. It shows how the site appeared at 7:25 PM ET, May 3, 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

Caitlin Huston / The Hollywood Reporter:

Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”

Lachlan Cartwright / The Ankler:

Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming

Jon Brodkin / Ars Technica:

FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency

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More News

Christina A. Cassidy / Associated Press:

In a letter, several Democrats serving as their state's top election officials ask Meta to repeal a policy allowing ads that claim the 2020 election was stolen

X: @nicktuell

Lindsay Clark / The Register:

A committee of UK legislators says the government's “reticence” to address alleged copyright theft is a “de facto endorsement” of how tech companies build LLMs

More: Lords Communications and Digital Committee, Cryptonews, diginomica, ComputerWeekly.com, TechRadar, The Times, and Cointelegraph

X: @lordscommscom and @lordscommscom

Mark Bergen / Bloomberg:

Estonian ride-hailing and scooter rentals startup Bolt Technology secures a €220M credit facility which it believes will help prepare the company for an IPO

More: Bolt, TNW, Silicon Republic, Tech Funding News, Silicon Canals, AIN.Capital, and ArcticStartup. LinkedIn: Markus Villig

Katie Deighton / Wall Street Journal:

Stock photographers prepare for AI disruption, as stock photo companies say traditional photography still has a market but work on building their own AI tools

More: PetaPixel and The Information

X: @amssvs, @roncinephile, @carnage4life, and @dollydeighton

Meir Orbach / CTech:

Sources: cloud security startup Wiz no longer plans to acquire competitor Lacework; the deal, valued at $150M-$200M, fell apart during the due diligence process

More: The Information. LinkedIn: Dennis V. and Matthew Smith

Eleanor Olcott / Financial Times:

A look at Chinese generative AI startups Zhipu AI, Moonshot AI, MiniMax, and 01.ai, which have all been valued between $1.2B and $2.5B in the past three months

More: Cryptonews, Benzinga, and Cointelegraph

Ryan Naraine / SecurityWeek:

Mimic, which helps businesses detect, deflect, and quickly recover from ransomware attacks, emerges from stealth with a $27M seed led by Ballistic Ventures

More: Dark Reading, Mimic, FinSMEs, Ballistic Ventures, and VC News Daily

Earlier Picks

Aria Alamalhodaei / TechCrunch:

Hubble Network, which is building a satellite network for Bluetooth devices, says it has made a Bluetooth connection directly to a satellite for the first time

More: Interesting Engineering and Hubble Network

Mastodon: @mathowie@xoxo.zone. X: @bdsams, @dangrover, @aaron_epstein, @lacostejonathan, @lacostejonathan, @lacostejonathan, @lacostejonathan, and @hubble_network. LinkedIn: David Paauwe. Forums: Slashdot

Michael Kan / PCMag:

Onur Aksoy, who pleaded guilty to selling fake Cisco equipment on Amazon and eBay from 2013 to 2022, making over $100M, is sentenced to over six years in prison

More: Ars Technica, US Department of Justice, TechSpot, Tom's Hardware, Channel Futures, CRN, Cybernews.com, BleepingComputer, and The Register

Bloomberg:

Microsoft announces new anti-hacking initiatives and adds deputy chief information security officers to its product groups after several serious cyberattacks

More: Cybersecurity Dive, CRN, ITPro Today, WinBuzzer, CSO, TechRadar, and Benzinga

Sudz Niel Kar / MyHealthyApple:

The US FDA approves Apple Watch's AFib history feature for clinical studies, the first digital health tech qualified under the FDA's MDDT program

More: TechRadar, 9to5Mac, Forbes, U.S. Food and Drug …, Wareable, ZDNet, Tom's Guide, The Verge, Washington Times, Notebookcheck, Android Headlines, Cardiovascular Business, Mashable, Cult of Mac, MacRumors, PhoneArena, Times Now, AppleInsider, and The Mac Observer

X: @mgalvosas and @kenny_allen. Forums: r/apple

Olga Kharif / Bloomberg:

Coinbase reports Q1 net revenue up 116% YoY to $1.59B, vs. $1.32B est., net income of $1.18B, consumer transaction revenue of $935M, up 99% QoQ

More: Fortune, Proactive, Cryptopolitan, CCN.com, CoinGape, Blockworks, PYMNTS.com, CNBC, Cryptonews, Crypto Briefing, Cointelegraph, Decrypt, The Information, The Block, and Coinbase

MacKenzie Sigalos / CNBC:

Block reports Q1 revenue up 19% YoY to $5.96B, vs. $5.82B est., gross profit up 22% to $2.09B, Square profit up 19%, and Cash App profit up 25%

More: investors.block.xyz, Block, DL News, Unchained, Proactive, Benzinga, Decrypt, Cryptonews, The Information, PYMNTS.com, Cointelegraph, and Bloomberg

Senator Scott Wiener / @scott_wiener:

[Thread] California State Senator Scott Wiener defends his AI safety bill, SB 1047, after criticism that it will “crush OpenAI's competitors” and open-source AI