| Bryan Pietsch / Washington Post: |
X sues the Center for Countering Digital Hate, alleging CCDH researchers violated Twitter's terms of service and the CFAA while studying hate speech on the site — X, the company formerly known as Twitter, sued a research group that had investigated hate speech on the social media platform … | Carly Page / TechCrunch: |
Halcyon: Cloudzy, a Wyoming-registered web hosting company likely operating out of Tehran, is acting as a command-and-control provider for state-backed hackers — A little-known cloud company provided web hosting and internet services to more than two dozen different state-sponsored hacking groups … | Chavi Mehta / Reuters: |
Meta begins the process to end news access on Facebook and Instagram in Canada, in response to a law forcing some companies to negotiate deals to pay publishers — Meta Platforms (META.O) said on Tuesday it has begun the process to end access to news on Facebook and Instagram for all users in Canada.| Kif Leswing / CNBC: |
AMD reports Q2 revenue down 18% YoY to $5.36B, net income down 94% YoY to $27M, Client revenue down 54% YoY to $998M, and Data Center revenue down 11% to $1.3B — - AMD said revenue for the second quarter fell 18% from a year earlier, but results still topped analysts' estimates| Annie Palmer / CNBC: |
Amazon expands its Amazon Clinic virtual health service to 50 US states and DC, available via video or texting; regulations limit the SMS feature to 34 states — - Amazon is expanding its virtual clinic service nationwide. — The company launched Amazon Clinic last November … | Dean Takahashi / VentureBeat: |
Adobe, Apple, Autodesk, Nvidia, Pixar, and the Linux Foundation form the Alliance for OpenUSD, to standardize Pixar's Universal Scene Description graphics tech — Five major companies in the 3D content industry — Adobe, Apple, Autodesk, Nvidia and Pixar — have come together to form the Alliance for OpenUSD (AOUSD).| Financial Times: |
Source: Meta plans to release AI chatbots with personalities, which staff call “personas”, like Abraham Lincoln, as soon as September 2023, to boost engagement — Facebook owner seeks to seize on hype for AI while challenging rivals such as OpenAI, Snap and TikTok| Sarah Perez / TechCrunch: |
In a challenge to TikTok, YouTube releases new Shorts creation tools for remixing, adding effects, going live, as well as an interactive Q&A sticker, and more — As competition with TikTok and Instagram Reels heats up, YouTube today announced an expanded suite of creation tools … | Andy Maxwell / TorrentFreak: |
Putin signs a Russian law requiring that internet platforms verify new users' identities via state-approved systems during registration, effective December 2023 — Since its invasion of Ukraine in February, Russian Members of Parliament and lawmakers have taken turns to see who can come … | Preetika Rana / Wall Street Journal: |
Uber reports Q2 revenue up 14% YoY to $9.23B, gross bookings up 16% YoY to $33.6B, and a $394M net income, its first operating profit, vs. a $2.6B net loss YoY — Ride-hailing and delivery businesses grew in the second quarter, though freight shrank — Uber Technologies posted … | Bloomberg: |
After Curve disclosed a hack, CRV fell ~25% in three days, prompting fears of wider crypto market turbulence; DefiLlama: crypto using Curve fell 50%+ to $1.7B — - Curve's native CRV coin posted three-day, 25% slump after hack — Drop raised concerns about wider fallout from platform's woes| Steven Church / Bloomberg: |
A Voyager Digital lawyer says the crypto lender's user data may have been stolen when the company started letting customers recover their funds in June 2023 — - Voyager customers hit with scams amid bankruptcy payout — Voyager lawyers referred potential hack to law enforcement| Bill Toulas / BleepingComputer: |
A look at the nascent scene of generative AI chatbots trained for phishing and malware attacks, including WormGPT, FraudGPT, DarkBART, and DarkBERT — In the wake of WormGPT, a ChatGPT clone trained on malware-focused data, a new generative artificial intelligence hacking tool called FraudGPT has emerged … | Sam Schechner / Wall Street Journal: |
Under pressure from EU regulators, Meta offers to seek user consent in the EU for targeted ads based on users' activity, sources say as soon as October 2023 — Under pressure from regulators, the Facebook and Instagram owner proposes asking users to opt in before targeting ads with their digital activity| Nikkei Asia: |
Inside Apple's plans to move more of its supply chain to India, catalyzed by Foxconn protests in Zhengzhou, as Apple aims to build 20%+ of all iPhones in India — Tech giant aims to move at least 20% of iPhone production to India as it accelerates away from China| Clive Cookson / Financial Times: |
Glasgow university spinout Chemify, which is using a computing process to design new molecules with AI and make them in an automated lab, raised $43M — Chemify's technology aims to remove bottleneck of producing molecules in the lab — A spinout from Glasgow university has raised $43mn to … | Sahil Patel / The Information: |
Sources: some top ad agency executives plan to commit at least 10% to 20% more with YouTube this fall than in 2022; traditional TV ad commitments are down 15% — The Hollywood labor strikes have proven a boon for YouTube, with Google's video-streaming service luring television ad buyers … | Reuters: |
Match Group reports Q2 revenue up 4% YoY to $830M, vs. $811M est., payers down 5% YoY to 15.6M, and forecasts Q3 revenue above estimates; MTCH jumps 11%+ — Match Group (MTCH.O) forecast revenue for the third quarter above Wall Street estimates on Tuesday, as the Tinder parent expects stronger marketing … | Kyle Wiggers / TechCrunch: |
Socket, which sells a scanning tool for detecting vulnerabilities in open-source code, raised a $20M Series A led by a16z, taking its total funding to $24.6M — Socket, a startup that provides a scanning tool to detect security vulnerabilities in open source code, today announced … | Rita Liao / TechCrunch: |
Apple removes many generative AI apps from its China App Store, supposedly over 100, ahead of China's new generative AI rules set to take effect on August 15 — Multiple generative AI apps have been removed from Apple's China App Store, two weeks ahead of the country's new generative AI regulations … | Christian Davies / Financial Times: |
A look at South Korea's position in the tech “cold war”, as the country pivots away from China's economy and prepares to comply with the US-led China chip ban — Washington is courting chipmakers and battery manufacturers with large subsidies but demanding they loosen ties with their other major market
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| Joe McDonald / Associated Press: |