Techmeme
July 30, 2024, 8:15 PM

Top News

Microsoft:
Microsoft reports Q4 revenue up 15% YoY to $64.7B, net income up 10% to $22B, Office Commercial revenue up 12% YoY, and LinkedIn revenue up 10% YoY  —  REDMOND, Wash. — July 30, 2024 — Microsoft Corp. today announced the following results for the quarter ended June 30, 2024 …
Jordan Novet / CNBC:
Microsoft Q4: Intelligent Cloud revenue up 19% YoY to $28.52B, vs. $28.68B est., including Azure and other cloud services up 29% YoY; MSFT drops ~5% after hours  —  Microsoft shares fell 7% in extended trading on Tuesday as investors looked past better-than-expected earnings and revenue …
Boone Ashworth / Wired:
Startup Friend previews a $99 AI pendant with an always-on microphone that's designed to provide the wearer with companionship, set to ship in January 2025  —  The latest attempt at an AI-powered wearable is an always-listening pendant.  But it doesn't help you be more productive, it just keeps you company.
Kate Gibson / CBS News:
The US CPSC rules that Amazon is legally responsible for recalled products sold on Amazon.com, even by third parties, and must remove them and notify purchasers  —  Amazon distributed hundreds of thousands of hazardous products sold by third-parties through the e-commerce giant's platform …
Lauren Feiner / The Verge:
The US Senate passes the Kids Online Safety Act and the Children and Teens' Online Privacy Protection Act by a vote of 91 to 3; the bills now head to the House  —  The Senate passed the Kids Online Safety Act (KOSA) and the Children and Teens' Online Privacy Protection Act (also known as COPPA 2.0) …
Reuters:
Meta agrees to pay $1.4B to settle Texas' lawsuit accusing Meta of using facial recognition tech to collect biometric data of millions of Texans without consent  —  Meta Platforms (META.O) has agreed to pay $1.4 billion to Texas to resolve the state's lawsuit accusing the Facebook parent …
Kif Leswing / CNBC:
AMD reports Q2 revenue up 9% YoY to $5.83B, vs. $5.72B est., Data Center revenue up 115% to $2.8B, net income up 881% to $265M, Q3 revenue forecast above est.  —  Advanced Micro Devices reported second-quarter earnings on Tuesday that beat Wall Street expectations for revenue and showed continued growth …
Maxwell Zeff / TechCrunch:
OpenAI begins rolling out ChatGPT's Advanced Voice Mode, initially criticized for sounding like Scarlett Johansson during its demo in May, to ChatGPT Plus users  —  OpenAI began rolling out ChatGPT's Advanced Voice Mode on Tuesday, giving users their first access to GPT-4o's hyper-realistic audio responses.
Akash Sriram / Reuters:
California's DMV says it has created tokens for 42M car titles on the Avalanche blockchain and aims to help state residents access them via an app by early 2025  —  California's Department of Motor Vehicles (DMV) has digitized 42 million car titles using blockchain technology in a bid …
Kylie Robison / The Verge:
Perplexity is launching a program to share ad revenue with partners such as Time, Der Spiegel, Fortune, and WordPress.com, after weeks of plagiarism accusations  —  Perplexity is launching a program to share ad revenue with publishing partners following weeks of plagiarism accusations.
Lawrence Abrams / BleepingComputer:
Zscaler ThreatLabz and Chainalysis say ransomware group Dark Angels received a payment worth ~$75M in early 2024, the largest known ransomware payment to date  —  A Fortune 50 company paid a record-breaking $75 million ransom payment to the Dark Angels ransomware gang, according to a report by Zscaler ThreatLabz.
Mat Di Salvo / Decrypt:
The SEC charges BitClout founder Nader Al-Naji for raising $257M+ from unregistered offers and sales of BTCLT and lying to investors about taking from proceeds  —  The United States Securities and Exchange Commission (SEC) has hit the founder of decentralized social network BitClout with fraud charges …
Jeff Stone / Bloomberg:
Microsoft calls on the US Congress to pass a comprehensive law to crack down on AI deepfakes that aim to interfere in elections or maliciously target people  —  - Law enforcement needs a clear legal framework, Brad Smith says  — Elon Musk recently shared manipulated clip of Kamala Harris
Jagmeet Singh / TechCrunch:
Qualcomm debuts the 4nm Snapdragon 4s Gen 2, a feature-limited version of the Snapdragon 4 Gen 2, to make 5G accessible to smartphones in the sub-$100 category  —  Qualcomm Tuesday announced the Snapdragon 4s Gen 2.  The entry-level chip aims to make 5G accessible to 2.8 billion smartphone users …
Rafe Uddin / Financial Times:
The UK ICO says the country's election authority failed to take “basic steps” to protect the personal data of 40M voters before a 2021 China-backed cyberattack  —  ‘Basic steps’ including updating passwords were missed before 2021 hack, finds Information Commissioner
Katharine Gemmell / Bloomberg:
The UK CMA is gathering information from market players to determine whether Google's partnership with Anthropic qualifies as a merger and harms UK competition  —  - CMA will review whether investment causes competition issues  — Google committed to investing $2 billion into the AI startup
Wall Street Journal:
How Elon Musk and X's division of labor stymied some of Linda Yaccarino's plans, like a Visa deal; internal figures show X had 250.8M DAUs in Q2, up 1.56% YoY  —  Tensions over the division of labor with Musk have stymied some of Yaccarino's initiatives  —  X Corp. Chief Executive Linda …
Bloomberg:
Sources including frontline health care workers say their testing of Google's AI-powered nurse handoff tool has left questions about its consistency and quality  —  After spending billions trying to transform the industry, Alphabet sees opportunity in artificial intelligence.

Sponsor Posts

Airtable:
3 bold predictions for the future of Product Management  —  Do you know how to set up your product organization for success as you embrace AI transformation to supercharge your operations?  Learn how to win with Airtable.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
Introducing Email Audit in Zoho Forms for enhancing your communication strategy  —  You've invested time and energy to craft the perfect form.  It is sleek, informative, and perfectly aligned with your brand.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
Techmeme Ride Home:
Mon. 09/16 - A Bunch Of Apple Stories
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:15 PM ET, July 30, 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.

More News

Reuters:
Brady Dale / Axios:
Stephanie Stacey / Financial Times:

Earlier Picks

Kyle Wiggers / TechCrunch:
Capital Brief:
Hadley Beeman / W3C: