Techmeme
August 6, 2024, 11:10 PM

Top News

Sara Fischer / Axios:
X sues the World Federation of Advertisers, GARM, and GARM members CVS Health, Mars, Orsted, and Unilever over what Linda Yaccarino calls an “illegal boycott”  —  Members include major tech companies, advertisers, agencies, ad tech firms and advertising coalitions.
More: New York Times, Platformer, PCMag, TechCrunch, The Register, SiliconANGLE, BBC, Rumble, Mashable, Associated Press, New York Post, Adweek, The Verge, Engadget, Information Technology …, The Hollywood Reporter, IGN, Financial Times, Reclaim The Net, Bloomberg, Deadline, Android Headlines, MobileSyrup, PYMNTS.com, Wired, CoinGape, Quartz, Fast Company, The Information, The Hill, Thurrott, Business Insider, The Independent, Tech Xplore, Boing Boing, The Verge, Digiday, Ars Technica, and Variety
Chris Welch / The Verge:
Google unveils the $100 Google TV Streamer, with better performance than Chromecast with Google TV, Thread and Matter support, and more, shipping September 24  —  Google isn't waiting for its upcoming hardware event to announce the Chromecast's successor.  Alongside the new, sleeker Nest Thermostat …
Jennifer Pattison Tuohy / The Verge:
Google unveils Gemini-based features for Google Home, coming later in 2024: descriptive captions for Nest camera videos, a smarter Assistant for Nest, and more  —  Amazon has already announced its plans for a smarter Alexa to power your home.  Now, it's Google's turn to promise that it can produce a better …
Abner Li / 9to5Google:
The Verge:
Steve Lohr / New York Times:
Natalie Lung / Bloomberg:
Airbnb reports Q2 revenue up 11% YoY to $2.75B, above estimates, Nights and Experiences Booked up 9% YoY, and Q3 guidance below est.; ABNB down 14%+ after hours  —  - Forecasts for sales and nights booked miss analyst estimates  — Shorter booking lead times and slower US demand dampened gains
Jessica Lyons / The Register:
CrowdStrike shares a root cause analysis of the July 19 outage, and says it's working with two third-party software security vendors to conduct further review  —  And reveals the small mistake that bricked 8.5M Windows boxes  —  CrowdStrike has hired two outside security firms to review …
CNBC:
Jason Koebler / 404 Media:
Behind the YouTube influencers, WhatsApp and Telegram groups, and services like FewFeed fueling Facebook's problem of creators profiting from viral “AI slop”  —  Gyan Abhishek is standing in front of a giant touch screen, like Jim Cramer on Mad Money or an ESPN talking head analyzing a football play.
Jonathan Vanian / CNBC:
Reddit Q2: revenue rose 54% YoY to $281.2M, vs. $254M est., Daily Active Uniques increased 51% YoY to 91.2M, and net loss dropped from $41.1M to $10.1M YoY  —  Reddit reported second-quarter results on Tuesday that topped analysts' estimates.  —  Here are the key numbers:
Annie Palmer / CNBC:
Supermicro shares drop 13% after hours after the company reported Q4 earnings missing analyst expectations, and announces a 10-for-1 stock split  —  Shares of server company Super Micro Computer plunged 13% on Tuesday after the company announced fiscal fourth-quarter earnings that missed analyst expectations.
Michelle Pokrass / OpenAI:
OpenAI unveils Structure Outputs in the API, a feature to ensure model-generated outputs match JSON Schemas, and lower pricing for a new version of GPT-4o  —  We are introducing Structured Outputs in the API—model outputs now reliably adhere to developer-supplied JSON Schemas.
Ryan Smith / AnandTech:
Intel says its Foundry's lead products on Intel 18A are booting and expects the first external customer chip design tape out in H1 2025  —  Following Intel's painful Q2 earnings call and the announcement of their 2025 cost reduction plan last week, it has become increasingly evident …
Fei-Fei Li / Fortune:
California's AI safety bill will harm developers, open-source development, the public sector, and academia, while failing to address the potential harms of AI  —  Fei-Fei Li, PhD, is a computer scientist who is widely credited with being the ‘Godmother of AI’. … Today, AI is more advanced than ever.
Doug Bock Clark / ProPublica:
A researcher finds another flaw in Georgia's voter registration cancellation portal, which has had bugs that made submitting requests for any Georgian trivial  —  The flaw would have allowed anyone to submit a voter registration cancellation request for any Georgian using their name …
Natalie Lung / Bloomberg:
Uber reports Q2 revenue up 16% YoY to $10.7B, Gross Bookings up 19% to $40B, vs. $39.7B est., and Mobility Gross Bookings up 23% to $20.6B; UBER closes up 10.9%  —  - Results driven by better-than-expected growth in ridehailing  — Autonomous rides grew six-fold from year ago through partners

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