Techmeme: A look at the US' Chips and Science Act two years after its enactment on August 9, 2022, as the Biden administration nearly finishes divvying up $39B in grants (Mackenzie Hawkins/Bloomberg)

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August 9, 2024, 12:25 PM

Top News

Michael Kan / PCMag:

Intel delays its Innovation event, slated for September and expected to include details about new CPUs, until 2025, citing its financial results and H2 outlook — The chipmaker is delaying one of its biggest events, which was slated for September and expected to include more details about upcoming processors.

More: HotHardware, AnandTech, ExtremeTech, Neowin, KitGuru, OC3D, The Verge, TechSpot, Tom's Hardware, TechRadar, Wccftech, Club386, PC Guide, TechPowerUp, TweakTown, VideoCardz.com, and Notebookcheck. X: @kylebrussell

The Guardian:

UK PM Keir Starmer says ministers will review the Online Safety Act, after London mayor Sadiq Khan said it was “not fit for purpose” following far-right riots — Move comes after London mayor Sadiq Khan said role of misinformation in unrest showed law was unfit for purpose

More: Financial Times, TechCrunch, The Verge, and The Economic Times

Forums: r/ukpolitics and r/technology

See also Mediagazer

Andy Greenberg / Wired:

IOActive researchers detail “Sinkclose”, a vulnerability in almost all AMD chips dating back to 2006 that allows attackers to run code in System Management Mode — Researchers warn that a bug in AMD's chips would allow attackers to root into some of the most privileged portions of a computer …

More: Engadget. X: @ioactive, @notolymp1a, and @a_greenberg

Forums: r/hardware and r/cybersecurity

Financial Times:

Perplexity says its AI search engine answered ~250M queries in the past month vs. 500M in 2023; sources: Perplexity recently raised $250M at a $3B valuation — Artificial intelligence app boosts usage and sales despite controversy over its data-gathering techniques

More: Barron's Online, TipRanks Financial, and 24/7 Wall St.. X: @mandarkagade

Clothilde Goujard / Politico:

The Irish Data Protection Commission says X has agreed to pause training Grok using millions of Europeans' public posts it collected between May 7 and August 1 — X will pause training its artificial intelligence chatbot Grok with some European users' posts, according to Europe's chief privacy watchdog.

More: TechCrunch, Tech Xplore, Silicon Republic, The Cyber Express, PYMNTS.com, Computerworld, MEDIANAMA, and PhoneArena

Reuters:

Sources: Cisco plans a second round of layoffs in 2024, affecting at least as many as the 4,000 laid off in February, to be announced as soon as August 14 — Cisco (CSCO.O) will cut thousands of jobs in a second round of layoffs this year as the U.S. networking equipment maker shifts focus …

More: Bloomberg

Sarah Perez / TechCrunch:

Spotify says Apple's new “unacceptable” plan “disregards” the DMA's “fundamental requirements”; Tim Sweeney calls it “malicious compliance” with a 15% junk fee — Count Spotify and Epic Games among the Apple critics who are not happy …

More: The Verge, 9to5Mac, MacRumors, The Register, GamesIndustry.biz, Android Headlines, iMore, Daring Fireball, iPhone in Canada Blog, MusicTech, Forbes, Silicon Republic, Cult of Mac, iClarified, AppleInsider, and MacDailyNews

Bluesky: @blowdart.me. X: @timsweeneyepic, @timsweeneyepic, @bzamayo, @timsweeneyepic, @lewis_crofts, @lewis_crofts, @mzunigap, @timsweeneyepic, and @timsweeneyepic

Forums: r/apple and MacRumors Forums

Benjamin Mayo / 9to5Mac:

Apple debuts new rules and fees for apps in the EU that link to the web for purchases, including allowing links to any website, and removes other restrictions

More: Apple Developer, Computerworld, Mobile Dev Memo, MacRumors, Xataka On, PhoneArena, iThinkDifferent, BGR, Pixel Envy, Reuters, TechCrunch, Spyglass, Thurrott, iClarified, mjtsai.com, PYMNTS.com, Macworld, Neowin, Cult of Mac, and AppleInsider

Threads: @eshumarneedi. Mastodon: @iKyle@mastodon.social, @stroughtonsmith …, and @stroughtonsmith …

X: @eric_seufert, @mgsiegler, @mysk_co, @carnage4life, @carnage4life, @bzamayo, @ballmatthew, and @mgsiegler

Forums: r/apple and MacRumors Forums

Jay Peters / The Verge:

OpenAI now lets ChatGPT free users to generate up to two images per day using DALL-E 3, after launching DALL-E 3 to ChatGPT Plus subscribers in October 2023 — OpenAI is going to let users of ChatGPT's free tier make up to two images per day with its DALL-E 3 model, the company announced on Thursday.

More: Benzinga, ZDNET, Moneycontrol, 9to5Mac, WinBuzzer, Wccftech, Tom's Guide, Business Today, Business Standard, Neowin, Notebookcheck, and Pocket-lint

X: @openai. Forums: Hacker News and r/singularity

Wired:

OpenAI reveals details of GPT-4o's safety testing, including concerns that its anthropomorphic voice may make some users emotionally attached to their chatbot — The company has revealed details of AI model safety testing—including concerns about its new anthropomorphic interface.

More: OpenAI, The Verge, Tom's Guide, TechCrunch, The Decoder, WinBuzzer, MarkTechPost, Windows Central, Financial Express, Cointelegraph, Android Headlines, Business Today, Neowin, and CoinGape

X: @aisafetymemes, @simonw, @joheidecke, @teknium1, @lindsmccallum, and @openai

LinkedIn: Emil Protalinski, Sebastian Mueller, and Sandro Gianella. Forums: r/OpenAI

Tom's Hardware:

Intel details a microcode patch, available through BIOS updates, to address the elevated voltage issues that were damaging some of its 13th- and 14th-gen CPUs — You need to install a BIOS update to ensure that your Raptor Lake CPU is not frying itself. — For the first time …

More: PCWorld, PetaPixel, PC Guide, The Verge, and TechSpot

Katie Roof / Bloomberg:

DevRev, which develops AI tools to improve the efficiency of employees on support, product, and engineering teams, raised $100M at a $1.15B valuation — - The corporate software developer raised $100 million — Nutanix co-founder Dheeraj Pandey co-founded and leads DevRev

Mackenzie Hawkins / Bloomberg:

A look at the US' Chips and Science Act two years after its enactment on August 9, 2022, as the Biden administration nearly finishes divvying up $39B in grants — The Chips Program Office is tasked with overseeing one of the most ambitious manufacturing comebacks in US history

More: AnandTech and Phoenix Business Journal. X: @mackhawk

Washington Post:

The Google monopoly ruling dealt a blow to one of Big Tech's main arguments against regulation: that 19th-century antitrust laws can't address tech innovation — The first big tech-sector anti-monopoly ruling in a generation challenges the idea that the internet era has outgrown U.S. antitrust law.

More: PYMNTS.com. X: @econliberties

Nilay Patel / The Verge:

Q&A with DOJ antitrust boss Jonathan Kanter on the US' Google win, being “overjoyed”, the appeal, Google's Apple deal, competition, market definitions, and more

More: The Information, American Prospect, and JD Supra

Threads: @daveleebbg. Mastodon: @KimPerales@toad.social. X: @modestproposal1

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From Mediagazer

Axios:

Sources: G/O Media sold business news brand Quartz and commerce site The Inventory to software firm Redbrick, the fourth Quartz ownership change in seven years

Katie Campione / Deadline:

WGA members “overwhelmingly” ratify a new three-year deal with CBS News that includes AI protections and is modeled after a recent ABC News contract

Ella Creamer / The Guardian:

A judicial panel consolidates 12 copyright cases against OpenAI and Microsoft in New York, including cases from Ta-Nehisi Coates, John Grisham, and the NYT

More News

Bloomberg:

Sources: Chinese robotaxi company WeRide is seeking about $100M in a US initial public offering and around $200M to $300M in a concurrent private placement

More: Pandaily

Reuters:

Venezuelan President Nicolas Maduro bans X in the country for ten days, accusing Elon Musk of using X to promote hatred after Venezuela's disputed election

More: CNBC, Reuters, Associated Press, TweakTown, Al Jazeera, TechRadar, Agence France-Presse, Xataka On, MercoPress, Deutsche Welle, BBC, Benzinga, and Anadolu Ajansı …

X: @kanthan2030, @santasurfing, and @daveatherton20. Forums: r/worldnews

Earlier Picks

Wall Street Journal:

Sources: enterprise AI company Glean is in advanced talks to raise $250M led by DST Global at a $4.5B valuation, about double its valuation from February 2024

More: PYMNTS.com

Zaheer Kachwala / Reuters:

Take-Two reports Q1 net bookings up 1% YoY to $1.22B, vs. $1.25B est., net revenue up 4%, and expects sequential growth in net bookings in FY 2026 and FY 2027

More: Proactive, VentureBeat, Take-Two Interactive, GamingBolt, Investor's Business Daily, Wall Street Journal, Variety, Kotaku, and GamesIndustry.biz

Milana Vinn / Reuters:

Sources: Japanese cybersecurity company Trend Micro, which has a market value of about $6.5B, is exploring a sale after attracting buyout interest

More: CRN, SiliconANGLE, and Bloomberg

TASS:

Putin signs a law legalizing cryptocurrency mining in Russia; only Russian legal entities and individuals included in a register will have the right to mine

More: crypto.news, ZyCrypto, Bitcoinist.com, NewsBTC, CryptoGlobe, Cointelegraph, Bitcoin Insider, TheMinerMag, Cryptonews, Decrypt, The Crypto Basic, Crypto Adventure, BTC Times, Crypto Briefing, The Crypto Times, CCN.com, CoinGape, and Watcher Guru

CJ Fairfield / CRN:

Tampa-based Rewst, which provides robotic process automation services, raised a $45M Series C led by Sapphire Ventures, bringing its total raised to $104M

More: FinSMEs, Channel Futures, and VC News Daily. LinkedIn: CJ Fairfield

Brian Heater / TechCrunch:

Google's DeepMind Robotics team shows a table tennis robot that it says is a “solidly amateur human-level player” when pitted against a human

More: arXiv.org, Financial Express, Cybernews.com, WinBuzzer, TNW, Tech Xplore, Digital Trends, MIT Technology Review, CryptoGlobe, NewsBytes, How-To Geek, Ars Technica, Popular Science, The Decoder, and AIM. X: @googledeepmind

Richard Nieva / Forbes:

Hugging Face acquires XetHub, a collaboration platform started by ex-Apple employees who raised $7.5M to help developers work with and build large-scale models

More: Hugging Face, VentureBeat, SiliconANGLE, Seattle Business Journal, AIM, and GeekWire

X: @mattmcilwain, @aymericroucher, @jeffboudier, and @julien_c

LinkedIn: Rajat Arya, Ajit Banerjee, Aymeric Roucher, Brigitte Tousignant, Jeff Boudier, and Matt McIlwain. Forums: r/LocalLLaMA

Josh Self / Politics.co.uk:

In a now-deleted X post, Elon Musk reposted a fake Telegraph story shared by a far-right party about the UK opening “Detainment Camps”; the post had 1.8M views

More: Politico, The Guardian, Reuters, Wired, Business Today, BBC, Fortune, The Mirror, The Guardian, Times of India, Tech.eu, The Independent, The Daily Beast, and NBC News

Threads: @martinsfp and @daveleebbg

Mastodon: @bodhipaksa@mastodon.scot, @bodhipaksa@mastodon.scot, and @JoshuaHolland@mastodon.social

X: @josh_self_, @shayan86, @telegraph, @josh_self_, @mattzeitlin, @jimmysecuk, @jakubkrupa, @jackbailey2, @sundersays, @jonathanpienews, @elonmusk, @elonmusk, @philmoorhouse76, @drjennings, @gerryhassan, @mij_europe, and @albertonardelli

Forums: r/news, r/Law_and_Politics, r/LabourUK, and r/EnoughMuskSpam