Open Links In New Tab
Mobile Archives Advertise
Techmeme
July 18, 2024, 9:30 PM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Get our daily newsletter and never miss a story!   ⓧ Newsletter

Top News

Hayden Field / CNBC:
OpenAI launches GPT-4o mini, a smaller, cheaper offshoot of GPT-4o, replacing GPT-3.5 Turbo, with support for all multimodal inputs and outputs coming soon  —  OpenAI on Thursday launched a new AI model, “GPT-4o mini,” the artificial intelligence startup's latest effort to expand use of its popular chatbot.
Simon Willison / Simon Willison's Weblog:
GPT-4o mini costs $0.15 per 1M input tokens and $0.60 per 1M output tokens, prices lower than those of Claude 3 Haiku and Gemini 1.5 Flash
Lillian Rizzo / CNBC:
Netflix reports Q2 revenue up 16.8% YoY to $9.56B, vs. $9.53B est., paid memberships up 16.5% YoY to 277.65M, vs. 274.4M est., net income up 44% YoY to $2.15B  —  Netflix reported earnings after the bell.  Here are the results.  — Earnings per share: $4.88 vs $4.74 per share expected by LSEG
Caitlin Huston / The Hollywood Reporter:
Peter Naylor, Netflix VP of ad sales since August 2022, is leaving, and the company will hire a head of US and Canada ad sales to fill his spot
Lucas Manfredi / The Wrap:
Netflix says its ad tier now accounts for over 45% of all signups in the markets where it's available, and ad tier memberships grew 34% QoQ in Q2
Shaurya Malwa / CoinDesk:
Indian crypto exchange WazirX says one of its multisig wallets “experienced a security breach” after $230M+ in withdrawals; WazirX had $500M in holdings in June  —  One of the exchange's multisig wallets experienced a security breach, the exchange confirmed in an X post.
Elliptic:
Analysis: the North Korea-linked WazirX hackers took 200+ different assets, including $96.7M of Shiba Inu, $52.6M of Ether, $11M of Matic, and $7.6M of Pepe
Abner Li / 9to5Google:
Google says its goo.gl URL shortener links will stop working after August 25, 2025, after it stopped generating new goo.gl URLs in March 2019  —  After Google stopped generating new goo.gl URLs in March of 2019, those links will stop working on August 25, 2025.
Financial Times:
Sources: Meta is exploring a multibillion-euro investment in eyewear group EssilorLuxottica, which makes the Ray-Ban Meta glasses, to expand their partnership  —  Facebook owner considers multibillion investment in European eyewear group to expand smart glasses partnership
Emma Roth / The Verge:
Google, OpenAI, Microsoft, Nvidia, and others form the Coalition for Secure AI to share best practices and open-source methodologies for secure AI deployment  —  Google, OpenAI, Microsoft, Amazon, Nvidia, Intel, and other big names in AI are coming together to form the Coalition for Secure AI …
Michael Nuñez / VentureBeat:
Nvidia and Mistral release Mistral NeMo, a 12B-parameter language model with a 128K-token context window, available under the Apache 2.0 open-source license  —  Nvidia and French startup Mistral AI jointly announced today the release of a new language model designed to bring powerful AI capabilities directly to business desktops.
The Information:
An ex-Reality Labs manager says Meta asked the unit to cut spending by ~20% from 2024 to 2026; Meta plans two Quest 4 versions in 2026 and a Quest Pro 2 in 2027  —  Meta Platforms CEO Mark Zuckerberg has canceled the blank check he once reserved for his augmented reality and virtual reality teams.
Tim Starks / CyberScoop:
A US judge dismisses most of a SEC lawsuit accusing SolarWinds of misleading investors by failing to disclose cybersecurity failures in its Orion software  —  The groundbreaking lawsuit's claims about inadequate disclosures related to the historic Sunburst attack were thrown out Thursday.
Emma Roth / The Verge:
Apple is launching new immersive video content for the Vision Pro over the next few months, including content from The Weeknd and the 2024 NBA All-Star Weekend  —  Apple is launching new “immersive” video content for the Vision Pro over the next few months, including one from The Weeknd …
The Information:
Sources: OpenAI has talked to chip designers including Broadcom about developing an AI server chip and hired former members of a Google unit that produces TPUs  —  Last year, as the world's top artificial intelligence developers were racing to speed up their work using ever-bigger clusters of computers …
Spencer Soper / Bloomberg:
Adobe: US shoppers spent $14.2B during Amazon's 48-hour Prime Day sale, up 11% YoY and in line with estimates; Numerator: the average household spent about $152  —  - Discounts on electronics, small appliances drove spending  — Amazon sale prompts rival retailers to offer their own deals
Bloomberg:
Sources: Apple has spoken to many of the largest Hollywood studios about acquiring more programming from their libraries to offer customers in the US and abroad  —  - Apple TV+ has relied on original series like ‘Ted Lasso’ … The iPhone maker has spoken to several of the largest studios …
David Jeans / Forbes:
Austin-based Saronic, which is developing autonomous military boats, raised a $175M Series B led by a16z at a $1B+ valuation, taking its total funding to ~$245M  —  Austin-based Saronic, which launched in 2022, is raising $175 million to help it build a fleet of autonomous defense vessels.
Marina Temkin / TechCrunch:
Docs: Canadian PE firm PartnerOne paid $28.2M for HeadSpin, whose 2023 revenue was $21M and its Q1 2024 was $5M; HeadSpin was valued at $1.1B in 2020  —  Canadian private equity firm PartnerOne paid $28.2 million for HeadSpin, a mobile app testing startup whose founder has been sentenced …

Sponsor Posts

TELUS Digital:
See how your customer experience priorities compare  —  TELUS Digital surveyed leaders about the tech they're investing in, the KPIs they're tracking and their plans for outsourcing.  Get the results.  No form fill required!
Intel:
Intel Delivers powerful CPUs for AI and Networking  —  With the onset of AI, businesses demand powerful and efficient CPUs.  Explore new Intel Xeon 6 processors, for the broadest set of workloads with leadership performance and lower TCO.
Zoho:
Zoho Sign at Kenya's Digital Trust Forum 2025 organized by Evrotrust and Geda  —  Kenyan businesses and government services are adapting to digital alternatives to explore opportunities in the nation's newly launched ten-year Digital Master Plan.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Sponsor Techmeme

Featured Podcasts

The Logan Bartlett Show:
 Zach Weinberg (Co-Founder & CEO, Curie.Bio) on The Tariff Trap, Self-Inflicted Recession Risk, and Open AI's Fundraise
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
Techmeme Ride Home:
 The Nintendo Switch 2
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Sponsor this podcast
Channels with Peter Kafka:
 Trump vs The Media, Round 2, with Sara Fischer
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Spotlight On:
 Graphite's Merrill Lutsky on Revolutionizing Code Review for the AI Era
A podcast from Accel about how companies are built, from the people doing the building.
Subscribe to Spotlight On.
Invest Like the Best:
 Darren Farber - The Business of Defense
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Decoder with Nilay Patel:
 CEO Matt Bromberg on ending Unity's 'war' against its customers
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Add your postcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:30 PM ET, July 18, 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

Dominic Ponsford / Press Gazette:
Tortoise Media names Times journalist Rachel Sylvester as The Observer's political editor; a source says 50%+ of Observer staff have decided to leave

Bron Maher / Press Gazette:
Newsquest's editorial development director says it now employs 36 “AI-assisted” reporters, freeing up the rest of the newsroom to “be out pounding the beat”

Benjamin Mullin / New York Times:
After leaving Meet the Press, Chuck Todd is embarking on a career as a media entrepreneur, and plans to hire other hosts for a podcast and video network

More News

Bloomberg:
Block's Cash App plans to close its UK operations on September 15, after launching in 2018, as the company “deprioritizes global expansion” to focus on the US
Ryan Dinsdale / IGN:
Nintendo unveils a Joy-Con charging stand for the Switch, over seven years after launching the console, available on October 17, but doesn't announce a price
New York Times:
How Spain relies on the VioGén algorithm to score the likelihood of recurring domestic violence and decide protection measures, with at times fatal consequences

Earlier Picks

Sheila Chiang / CNBC:
TSMC reports Q2 revenue up 40.1% YoY to ~$20.82B and net income up 36.3% YoY to ~$7.62B, both above estimates, as advanced AI chip demand continues to surge
Joseph Cox / 404 Media:
Leaked documents: Cellebrite couldn't forcibly unlock an iPhone running iOS 17.4 or newer as of April 2024; most of the listed Android devices could be unlocked
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter