Techmeme
October 8, 2024, 2:35 PM

Top News

Kati Pohjanpalo / Bloomberg:
The Royal Swedish Academy of Sciences awards the Nobel Prize in Physics to John Hopfield and Geoffrey Hinton for “foundational discoveries” in machine learning  —  - John J. Hopfield, Geoffrey E. Hinton worked on neural networks  — Their work laid foundations for machine learning and AI
Wall Street Journal:
Short seller Hindenburg releases a report accusing Roblox of inflating user metrics to investors and prioritizing growth over protecting minors; RBLX drops 5%+  —  Research firm alleges the videogame company has exaggerated user data and engagement figures  —  Short-selling firm Hindenburg Research …
Kathrin Hille / Financial Times:
Foxconn Chair Young Liu says the company plans to build a plant in Mexico's Guadalajara to make Nvidia GB200 Blackwell AI servers, as tech decouples from China  —  Decision to base plant in Guadalajara shows ‘nearshoring’ of supply chains away from China  —  Electronics manufacturing group Foxconn …
Jess Weatherbed / The Verge:
Adobe launches a Content Authenticity web app to let creators use its Content Credentials “nutrition labels” to apply attribution and opt out of AI training  —  Adobe is expanding its Content Credentials “nutrition labels” to make it even easier for creatives to be credited for their work …
Sarah Wynn / The Block:
Crypto.com sues the US SEC after receiving a Wells notice that the agency plans to bring an enforcement action against it; Consensys sued the SEC in April 2024  —  - The crypto trading platform said it decided to sue the agency after receiving a Wells notice and said the SEC's actions left them “with no other choice.”
Kris Holt / Engadget:
Rockstar brings Red Dead Redemption to PC, 14 years after its PS3 and Xbox 360 release, available via Rockstar, Steam, and the Epic Games Store on October 29  —  It will arrive on October 29 with zombie spin-off Undead Nightmare bundled in.  —  Fourteen years after it debuted on PS3 and Xbox 360 …
Daniel Arkin / NBC News:
A bipartisan coalition of 14 US state AGs file lawsuits accusing TikTok of damaging young users' mental health and collecting data without parental consent  —  The legal broadside alleges TikTok violated state laws by falsely claiming its service is safe for young people.
Reuters:
Samsung estimates Q3 operating profit up 274% YoY to ~$6.78B, falling short of analysts' estimates of ~$7.66B, as it lags rivals in the booming AI chip market  —  Samsung Electronics (005930.KS) estimated on Tuesday its third-quarter operating profit jumped 274%, but that was short …
Yoolim Lee / Bloomberg:
Bloomberg:
Filing: Saudi Arabia's PIF sold ~17.3M Nintendo shares from August 21 to October 1, lowering its stake to 7.54%; on September 26, an exec said PIF may buy more  —  - PIF had cut stake in games company over six weeks on market  — Wealth fund presented itself as long-term investor in content
Joe Rossignol / MacRumors:
Two Russian YouTube channels posted videos of an alleged new 14-inch M4 MacBook Pro base model, in what could be the worst Apple product leak since the iPhone 4  —  Alleged photos and videos of an unannounced 14-inch MacBook Pro with an M4 chip continue to surface on social media …

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