Techmeme
October 30, 2024, 10:15 AM

Top News

Jason Schreier / Bloomberg:
PlayStation closes Firewalk Studios, which debuted shooter game Concord in August 2024 before taking it offline, and mobile studio Neon Koi, impacting ~210 jobs  —  The company will also close the mobile game studio Neon Koi, which hasn't released a game, according to a blog post from Sony on Tuesday.
Alphabet:
Alphabet reports Q3 revenue up 15% YoY to $88.27B, Search revenue up 12% YoY, net income up 34% YoY, and traffic acquisition costs up 9% YoY; GOOG jumps 5%+  —  MOUNTAIN VIEW, Calif. - October 29, 2024 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended September 30, 2024.
Jay Peters / The Verge:
Sundar Pichai says “more than a quarter of all new code at Google is generated by AI, then reviewed and accepted by engineers”  —  Google is building a bunch of AI products, and it's using AI quite a bit as part of building those products, too.  “More than a quarter of all new code …
Jennifer Elias / CNBC:
Todd Spangler / Variety:
Rohan Goswami / CNBC:
Super Micro's stock drops 30%+ after disclosing that auditor Ernst & Young had resigned following months of disagreement over governance and board independence  —  Super Micro's shares plunged as much as 35% Wednesday morning after the company disclosed its auditor had resigned following months …
Abner Li / 9to5Google:
Google updates Chrome desktop to let users choose how aggressively it frees up inactive tab resources across three modes, and adds a Performance Detection tool  —  Last year, Chrome introduced Memory and Energy Saver modes, and Google is now updating its desktop browser with Performance issue alerts.
Tom Warren / The Verge:
GitHub says Copilot will support Anthropic, Google, and OpenAI models, unveils an AI tool to build micro web apps called Spark, Copilot for Xcode, and more  —  GitHub is going multi-model for its Copilot code completion and programming tool.  Developers will soon be able to choose models from Anthropic …
The GitHub Blog:
Katrina Manson / Bloomberg:
Microsoft says Russian hackers have sent “highly targeted spearphishing emails” to thousands of US officials, defense workers, and others during the past week  —  - Thousands targeted in spearphishing campaign during last week  — Hackers said to impersonate Microsoft employees in some emails
New York Times:
Sources detail how TikTok struck a deal with GoTo to buy a ~75% stake in Tokopedia for $840M, letting TikTok restart TikTok Shop in Indonesia in December 2023  —  Agata Pinastika Kenastuti's children's clothing shop in Jakarta, Indonesia, was full of inventory when TikTok Shop shut.
Rebekah Valentine / IGN:
Ubisoft quietly debuted its first blockchain game, Champions Tactics: Grimoria Chronicles, for free on PC last week; in-game figurines are listed for $7 to $63K  —  It's called Champions Tactics and it sure looks like...something.  —  Three years ago, Ubisoft promised it would start making its own blockchain games.
Jonathan Vanian / CNBC:
Reddit reports Q3 revenue up 68% YoY to $348.4M, vs. $312.8M est., DAUs up 47% YoY to 97.2M, vs. 96.5M est., ARPU of $3.58, vs. $3.24 est.; RDDT jumps 30%+  —  Reddit shares jumped 22% in extended trading Tuesday, topping $100 for the first time, after the social media company reported third-quarter results …
Wall Street Journal:
Sources: xAI is in the early stages of talks with investors to raise several billion dollars in a round that would value xAI at ~$40B, up from $24B in May 2024  —  New fundraising effort would substantially increase startup's valuation from spring  —  Elon Musk's xAI is in talks with investors …
Arsheeya Bajwa / Reuters:
AMD reports Q3 revenue up 18% YoY to $6.82B, vs. $6.71B est., Data Center revenue up 122% YoY to $3.5B, and forecasts Q4 revenue below est.; AMD drops 5%+  —  Advanced Micro Devices (AMD.O) on Tuesday forecast fourth-quarter revenue just shy of estimates as supply chain constraints hamper …
Tess Owen / Wired:
TTP data: US anti-government militia activity has grown on Facebook, with the platform even auto-generating some group pages, despite users flagging the issue  —  Ahead of the election, anti-government militias are using Facebook to recruit, coordinate training, and promote ballot box stakeouts.
Paige Smith / Bloomberg:
Visa and Coinbase partner to let eligible US and EU users deposit funds into their Coinbase accounts, sometimes instantly; Visa powers the Coinbase debit card  —  - Access to crypto used to be challenging but is becoming easier … Coinbase already has millions of connections …

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
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:
CIO challenge 5: Can we find an effective solution that also minimizes operational costs?  —  Welcome to the next and final installment of our CIO series!  After what feels like a thousand cups of coffee …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Wed. 11/20 - AI To Read The Books
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 10:15 AM ET, October 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

Earlier Picks

Karissa Bell / Engadget:
Reuters:
Reuters: