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August 19, 2024, 10:55 AM
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| Asa Fitch / Wall Street Journal: |
AMD agrees to buy New Jersey-based ZT Systems, founded in 1994 to design and make servers, server racks, and other infrastructure, for $4.9B, closing in H1 2025 — ZT Systems produces servers, other equipment used in data centers for artificial intelligence
More: Advanced Micro Devices, Inc., Reuters, Thurrott, Forbes, CRN, HotHardware, The Information, eeNews Europe, Barron's Online, Benzinga, Fierce Electronics, DatacenterDynamics, Associated Press, Silicon Republic, TechCrunch, Constellation Research, Maginative, Tech Startups, Bloomberg, Business Times, The Mirror, Quartz, AIM, The Verge, Pulse 2.0, Wccftech, Financial Times, TweakTown, and Phoronix
X: @patrickmoorhead, @economyapp, @patrickmoorhead, and @lisasu
Forums: r/Amd, r/AMD_Stock, and r/wallstreetbets
| Jess Weatherbed / The Verge: |
Procreate CEO James Cuda says the iPad illustration startup is “not going to be introducing any generative AI into our products”, drawing praise from creatives — Many Procreate users can breathe a sigh of relief now that the popular iPad illustration app has taken a definitive stance against generative AI.| Mark Gurman / Bloomberg: |
A look at Apple's work on its in-house modem chip, which may debut in select iPhones in 2025 to replace Qualcomm's chip, with a full rollout taking a few years — Apple's move to drop Qualcomm modem chips won't have a payoff at the outset, but it could set the stage for bigger things later.
More: 9to5Mac, MacRumors, 9to5Mac, What Hi-Fi?, Android Authority, T3, iDownloadBlog.com, Lowyat.NET, GSMArena.com, MacDailyNews, TechRadar, Tom's Guide, Neowin, PCMag, PhoneArena, BGR, Benzinga, iMore, Gizchina.com, Patently Apple, and AppleInsider
X: @markgurman, @andyh_england, and @markgurman
Forums: r/apple, Slashdot, and MacRumors Forums
| Les Pounder / Tom's Hardware: |
Raspberry Pi launches a Raspberry Pi 5 with 2GB of RAM for $50, alongside the existing 4GB model for $60 and 8GB for $80, and may release a future 1GB model — Will a $50 Raspberry Pi 5 2GB be enough? — The Raspberry Pi 5 is still the single board computer against which all others are measured …
More: Raspberry Pi, ZDNET, The Verge, Thurrott, Hackster.io, Liliputing, CNX Software, The Register, Phoronix, OMG! Ubuntu, and Notebookcheck. Mastodon: @biglesp@mastodon.social
| David Welch / Bloomberg: |
Source: GM is cutting over 1,000 software engineers, including 600+ in Michigan, as the automaker moves to lean up its software and services organization — - Job reductions follow company push to bolster digital prowess — Company has faced technology glitches in Blazer, Lyriq models
More: CNBC, TechCrunch, and Wall Street Journal
Forums: r/Detroit, r/Layoffs, r/cars, and r/technology
| Angus Berwick / Wall Street Journal: |
How Worldcoin is building its World ID identity system, trying to counter government and privacy advocates' concerns about its iris scanning and data processing — More than a dozen jurisdictions have either suspended the project's operations or looked into its data processing
More: Business Standard, Cointelegraph, WinBuzzer, Benzinga, Livemint, and PYMNTS.com
Forums: r/Buttcoin and r/technology
| Benedict Evans: |
After Google's antitrust loss, what comes next is not clear, besides the court ordering Google to stop or reduce TAC payments; Apple may build its own search — A search engine is a vast mechanical Turk - a reinforcement learning engine that uses human activity to understand the web.| George Hammond / Financial Times: |
Carta: 254 of its VC-backed clients went bust in Q1 2024 and the startup bankruptcy rate is over 7x that of 2019, as funds raised in the 2021-2022 boom run out — Private company shutdowns jump compared with last year despite AI funding frenzy, threatening millions of jobs at VC-backed firms| Matthew Ball / MatthewBall.co: |
Since 2018, Roblox has grown rapidly and consistently and now has an estimated average of 80M+ daily and 380M+ monthly users, over 2x that of Steam or Minecraft — Everyone knows Roblox is huge. But as COVID receded into memory, Roblox shifted from “new” to “familiar,” …
X: @ballmatthew, @timsweeneyepic, and @ballmatthew. LinkedIn: Chris Heatherly
Forums: Hacker News and r/apple
| Washington Post: |
Girls In Tech, Women Who Code, and other groups that aimed to diversify Silicon Valley are closing or rebranding to stay afloat, as critics attack DEI efforts — Groups like Girls In Tech and Women Who Code promised to attract women and people of color to the tech industry.| Camilla Hodgson / Financial Times: |
FOI documents: data center water consumption in Virginia, home to the world's largest cluster of data centers, hit 1.85B+ gallons in 2023, up from 1.13B in 2019 — Usage has increased by almost two-thirds since 2019 in the world's largest concentration of computing infrastructure
More: The Register and Cybernews.com
| Anthony Ha / TechCrunch: |
X says it is closing its operations in Brazil, claiming a judge threatened “arrest if we do not comply with his censorship orders”; X still remains available — X, the social media platform formerly known as Twitter, said today that it's ending operations in Brazil …
More: The Verge, Reuters, The Hindu, PCMag, TechSpot, PhoneArena, Engadget, New York Times, Semafor, BBC, Mashable, Capital Brief, Daily Sabah, Business Insider, Associated Press, The Crypto Times, Reclaim The Net, The Hill, Financial Times, Fortune, and CoinGape
Mastodon: @thisismissem@hachyderm.io. X: @globalaffairs, @elonmusk, @elonmusk, @esyudkowsky, @mehdirhasan, @adrianweckler, @jtlonsdale, @ggreenwald, and @lindayax
Forums: r/brasil, r/conservativeterrorism, r/musked, r/Brazil, r/anime_titties, r/technews, and r/worldnews
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