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July 17, 2024, 4:50 PM
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WeSmirchTop News
| New York Times: |
Sources: at a June dinner, David Sacks, Chamath Palihapitiya, and others told Trump to pick JD Vance as VP; Elon Musk and Peter Thiel also advocated for Vance — Mr. Vance spent less than five years in Silicon Valley's tech industry, but the connections he made with Peter Thiel and others became crucial to his political ascent.
More: New York Times, Telegraph, Semafor, Benzinga, CryptoGlobe, Silicon Valley Business …, Financial Times, Reclaim The Net, Bloomberg, Inside Bitcoins, and This is Not Cool
Threads: @crumbler, @reckless1280, @carnage4life, and @crumbler
X: @elonmusk, @davidsacks, @elonmusk, @chamath, @davidsacks, @emptywheel, @chamath, @rmac18, @silvermanjacob, @robcrilly, @jeffjarvis, @teddyschleifer, and @rmac18. Forums: r/neoliberal
| Marina Temkin / TechCrunch: |
On their podcast, Marc Andreessen and Ben Horowitz explain why they are backing Trump, say Trump is pro-crypto, Biden's overregulation harms startups, and more — Marc Andreessen, the co-founder of one of the most prominent venture capital firms in Silicon Valley, says he's been a Democrat most of his life.
More: Decrypt, Business Insider, NewsBTC, Cryptopolitan, crypto.news, New York Magazine, Newcomer, The Information, Music Ally, Crypto Briefing, DL News, Axios, and Bloomberg
Threads: @parkert, @coloradotravis, @elizspiers, @gwestr, and @crumbler. Mastodon: @KarlBode@masto.ai
X: @mcuban, @davidsacks, @kelseytuoc, @pmarca, @kelseytuoc, @kelseytuoc, @kelseytuoc, @danprimack, @mwseibel, @maddierenbarger, @tsarnick, @boltyboy, @alexiskold, @mattyglesias, @ericnewcomer, @dpinsen, @prestonjbyrne, @carnage4life, @aphysicist, @ktmboyle, @bigmeaninternet, @spiritofpines, @jessesingal, @danprimack, @kimmaicutler, @shonaghosh, @mattzeitlin, @pmarca, @elonmusk, @billhughesdc, @brendan_duke, @carnage4life, @a16z, @johnkonrad, @bennjordan, @garymarcus, @kateclarktweets, @ericjackson, @danprimack, @pmarca, and @jessicalessin
Forums: r/politics and r/technology
| The Information: |
More: The Guardian, a16z on YouTube, CoinDesk, Business Insider, Stratechery, Financial Times, Axios, Associated Press, Watcher Guru, Coinspeaker, Benzinga, Cryptopolitan, Axios, Bloomberg, Platformer, Inc.com, The Atlantic, Forbes, Fox Business, Seeking Alpha, New York Post, Gizmodo, Business Insider, Axios, CNBC, Cointelegraph, The Verge, Le Monde.fr, The Information, Wall Street Journal, Washington Post, and New York Times
Threads: @anildash, @esqueer_, @yannlecun, @benedictevans, @technicallymims, @gk_ventures, @technicallymims, @benedictevans, @benedictevans, @moskov, and @carnage4life
| Bloomberg: |
Sources: the US is considering using tougher trade rules if companies like Tokyo Electron and ASML continue giving China access to advanced chip technology — - Restrictions would hit technology from Tokyo Electron and ASML — US companies like Lam have urged softer approach in meetings
More: Fortune, Reuters, Investor's Business Daily, Yahoo Finance, New York Times, Nikkei Asia, Proactiveinvestors UK, Quartz, Tom's Hardware, Benzinga, Wccftech, TNW, Forbes, South China Morning Post, CryptoGlobe, Invezz, The Register, Financial Times, Silicon Valley Business …, Bloomberg, and DigiTimes
X: @6d6f636869, @technology, @mackhawk, and @thorstenbenner
Forums: r/neoliberal, r/europe, and r/wallstreetbets
| Arjun Kharpal / CNBC: |
Global chip stocks fell sharply after reports of tighter export restrictions from the US and comments from Trump, who said Taiwan should pay the US for defense — WATCH NOW — Global chip stocks fell sharply, with ASML, Nvidia and TSMC posting declines amid reports of tighter export restrictions …
More: Barron's Online, Wall Street Journal, Proactive, Reuters, Reuters on YouTube, The Motley Fool, Bloomberg, Quartz, BusinessLIVE, and The Defense Post. Forums: r/politics
| Reuters: |
Sources: GitLab, which has an ~$8B market cap, is exploring a sale after attracting interest from its peers, including Datadog, which has a $44B market cap — GitLab (GTLB.O), a U.S. provider of cloud-based software development tools whose investors include Google parent Alphabet (GOOGL.O) … | Carl Franzen / VentureBeat: |
OpenAI researchers reveal an algorithm by which LLMs can learn to better explain themselves to their users and improve the legibility of their outputs — One of the most interesting and useful slang terms to emerge from Reddit in my opinion is ELI5, from its subreddit of the same name … | Samuel Stolton / Bloomberg: |
The EU's General Court says TikTok is large enough to fall under the DMA, rejecting ByteDance's challenge; ByteDance can appeal to the European Court of Justice — - TikTok attempt to avoid EU's Digital Markets Act is dismissed — Chinese-owned social media giant also risks ban in the US
More: Reuters, Android Headlines, Seeking Alpha, Euronews, Silicon UK, UPI, Business Standard, Reuters, Digital Music News, The Mirror, BERNAMA, The Independent, Court of Justice of the European Union, Silicon Republic, Deutsche Welle, Euractiv, Engadget, 9to5Mac, Yen.com.gh, Benzinga, Semafor, NewsBytes, and Invezz
X: @beuc, @samuelstolton, @eucourtpress, and @lewis_crofts
| Tom Warren / The Verge: |
Microsoft launches its AI-powered Designer app out of preview on iOS and Android, letting users create images, stickers, and more, expanding on the web client — Microsoft's AI-powered Designer app is coming out of preview today for both iOS and Android users.
More: Source, Windows Blog, Engadget, VentureBeat, XDA Developers, AppleInsider, Android Headlines, TechCrunch, Windows Latest, Windows Central, iPhone in Canada Blog, Neowin, Thurrott, and TestingCatalog. LinkedIn: Sumit Chauhan
| Bloomberg: |
Donald Trump says “I'm for TikTok, because you need competition”, and “if you don't have TikTok, you have Facebook and Instagram” and “that's Zuckerberg” — It's late June, and Donald Trump is plotting his next presidency in the gilded offseason isolation of the Mar-a-Lago Club.
More: Bloomberg, Unchained, PCMag, Reuters, CoinDesk, Gizmodo, Digital Music News, Quartz, Cointelegraph, HuffPost, Business Insider, Mobile World Live, Axios, Proactive, The Independent, The Block, and The Information
Threads: @technicallymims. X: @thorstenbenner, @jimgeraghty, @jamescrabtree, @kyleichan, @thestalwart, @fbermingham, @hiattb, @shashj, @tomgara, @mrjeffu, @josephzeballos, @prem_thakker, @thestalwart, @john_hudson, @alexwickham, @bgrueskin, @mackhawk, @drewpavlou, @ericlevitz, @bradstone, @joumannatv, @mackhawk, @jason_kint, @jakesherman, @katie_roof, @davidjoachim, @_danilo, @drewpavlou, and @sarahfrier
Forums: r/Sino, r/neoliberal, and r/politics
| Financial Times: |
Source: Fei-Fei Li's World Labs, founded in April 2024 and aiming to create “spatial intelligence” in AI, raised ~$100M in its latest round at a $1B+ valuation — Stanford computer scientist's ‘spatial intelligence’ venture wins backing from investors including Andreessen Horowitz
More: The Verge, Observer, Quartz, Disruption Banking, and Silicon Valley Business …
| Ookla: |
T-Mobile was the fastest US mobile network in H1 2024, with a Speed Score, which combines download and upload speeds, of ~206, vs. AT&T's ~112, Verizon's ~108 — T-Mobile leads on key mobile KPIs — T-Mobile continues to dominate the mobile landscape in the U.S., boasting the fastest speeds … | Caroline Mimbs Nyce / The Atlantic: |
Meta launches a small pilot program to let some researchers access Instagram data for up to about six months to study the app's effect on teens and young adults — The teens are on Instagram. That much is obvious. A majority of teens say they use the app, including 8 percent who say they use it …
More: Engadget, The Verge, Social Media Today, Meta, and ACM Conferences
| Arjun Kharpal / CNBC: |
ASML reports Q2 net sales down 9.5% YoY to €6.24B, vs. €6.03B est., net income down 18.7% YoY to €1.6B, vs. €1.4B est., and keeps its FY 2024 outlook unchanged — ASML reported second-quarter earnings and sales that beat forecasts, as interest in artificial intelligence chips drives … | Allison Johnson / The Verge: |
Hands-on with the Samsung Galaxy Z Fold6's “sketch to image” generative AI tool that turns rough sketches into images: ridiculous, fun, and slightly worrying — The pirate ship in Elliott Bay was one thing, but it was a little blurry bee that sent me over the edge.
X: @fdaudens
| Ina Fried / Axios: |
Meta says it will withhold future multimodal AI models in the EU because of what it says is a lack of clarity from regulators; text-only models will be offered — - Apple similarly said last month that it won't release its Apple Intelligence features in Europe because of regulatory concerns.| Bloomberg: |
Sources: Coatue, Alkeon Capital, General Catalyst and others have invested in Figma as part of a deal valuing it at $12.5B; Figma is delivering ARR of $700M+ — - Deal was secondary shale sale with current, former employees — Other investors included Sequoia, Andreessen Horowitz, Iconiq| Foo Yun Chee / Reuters: |
Doc: EU regulators are asking industry participants if Google's deal to have Gemini Nano pre-installed on Samsung phones hinders rival chatbots on the devices — EU antitrust regulators are asking industry participants if Google's (GOOGL.O) multi-year generative artificial intelligence …
More: PYMNTS.com
| Sarah Wynn / The Block: |
Court filing: FTX and the CFTC agree to a $12.7B settlement after months of negotiations, pending a judge's approval; FTX will return up to $12.7B to creditors — - The two have been negotiating over the past few months, according to a court document filed on July 12 in the U.S. Bankruptcy Court for the District of Delaware.
More: Decrypt, Crowdfund Insider, Silicon Republic, CCN.com, CryptoPotato, Milk Road, Cointelegraph, and CryptoSlate
| Bloomberg: |
Yemen says the AAE-1 subsea cable in the Red Sea, linking Asia and Europe, has been repaired; two other cables, Seacom and EIG, are still being repaired — - Vessel owned by UAE-based telco making repairs amid conflict — Fixes to internet cables delayed by geopolitical friction| Emilia David / VentureBeat: |
Google unveils Project Oscar, an open-source platform to help product teams monitor software issues or bugs using AI agents, at its I/O Connect Bengaluru event — Google has announced Project Oscar, a way for open-source development teams to use and build agents to manage software programs.
More: InfoWorld, Google Developers Blog, TechCircle, The Indian Express, SiliconANGLE, and Thurrott
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