Techmeme: CrowdStrike reports Q2 revenue up 37% YoY to $731.6M, vs. $724.2M est., ARR up 37% YoY to $2.93B, and forecasts Q3 and FY 2024 earnings above expectations (Emily Bary/MarketWatch)

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August 30, 2023, 6:25 PM

Top News

Emma Roth / The Verge:

Sony plans to raise PlayStation Plus annual subscription prices on September 6: Essential from $60 to $80, Extra from $100 to $135, Premium from $120 to $160 — Sony is raising the price of its PlayStation Plus subscription next month. The service's annual Essential plan will go from $60 to $80 …

More: PlayStation.Blog, Game Developer, Ars Technica, Gizmodo, GamesIndustry.biz, CNET, Engadget, Video Games Chronicle, VentureBeat, Push Square, VG Charts, Seeking Alpha, GamesRadar, Neowin, IGN, IGN, MobileSyrup, Metro, Video Games Chronicle, Destructoid, BGR, TheGamer, VideoGamer.com, Polygon, Wccftech, GamingBolt, Digital Trends, Shacknews, WhatIfGaming, GameSpot, TechRaptor, Game Informer, Eurogamer.net, Game Rant, Ruetir, Stevivor, Polygon, Kotaku, WhatIfGaming, Siliconera, GameSpot, GAMINGbible, TweakTown, TheSixthAxis, The Escapist, Dot Esports, Pure Xbox, and Gamereactor UK

X: @zuby_tech, @mrpyo1, @jaywood2010, @zuby_tech, @goddess_maxwell, @jaay_rock_, @blainemcgaff, @deeketweak, @dmc_ryan, @jivesh1995, @brokengamezhdr_, @milesdompier, @bigboss69__, @nick_marseil, @shitpostrock, @jaay_rock_, and @tomwarren

Forums: r/playstation, r/PS4, and r/gamernews

Mark Gurman / Bloomberg:

Sources: Apple is testing 3D printing the stainless steel Apple Watch Series 9's chassis to speed up production, boost sustainability, and lower costs over time — - New approach will use less material and be more eco-friendly — Company is trying out the process with steel Apple Watches

More: PYMNTS.com, XDA Developers, Reuters, MacRumors, Patently Apple, The Verge, iThinkDifferent, Barron's Online, AppleInsider, 9to5Mac, MacDailyNews, The Voice of 3D Printing, Cult of Mac, Redmond Pie, Supercharged, and The Mac Observer

X: @markgurman. Forums: r/apple and MacRumors Forums

Tom Warren / The Verge:

Microsoft plans to address a Windows 11 “unintended behavior” that for months has caused malware-like notification pop-ups promoting Bing search to Chrome users — I thought I had malware on my main Windows 11 machine this weekend. There I was minding my own business in Chrome …

More: The Register, Ars Technica, Thurrott, Windows Central, and iPhone in Canada Blog

Threads: @andynico. Mastodon: @threatresearch@infosec … and @AAKL@infosec.exchange

X: @crashthompsonxo, @tomwarren, @quinnypig, @darkpatterns, @tealfuleyes, and @darkpatterns

Forums: Hacker News, r/cybersecurity, and r/microsoft

Zac Hall / 9to5Mac:

Microsoft retires Visual Studio for Mac, saying the IDE will get “servicing updates for security issues and updated platforms from Apple” until August 31, 2024 — Microsoft has announced plans to discontinue Visual Studio for Mac. The latest version of the company's IDE …

More: Visual Studio Blog, XDA Developers, AppleInsider, Visual Studio Magazine, Neowin, and MSPoweruser

Bluesky: @sbisson.com. X: @migueldeicaza, @timeyoutakeit, and @migueldeicaza

Forums: Hacker News, Hacker News, r/apple, r/csharp, and r/dotnet

Ashley Belanger / Ars Technica:

OpenAI files a motion to dismiss two similar lawsuits from book authors alleging copyright infringement, saying the authors “misconceive the scope of copyright” — Authors claim generative AI is just a “grift” that repackages original works. — This week, OpenAI finally responded …

More: TorrentFreak, Reuters, CIO Dive, The Decoder, Bloomberg Law, VICE, and UNITED STATES DISTRICT …

Forums: Slashdot and Ars OpenForum

See also Mediagazer

Emily Bary / MarketWatch:

CrowdStrike reports Q2 revenue up 37% YoY to $731.6M, vs. $724.2M est., ARR up 37% YoY to $2.93B, and forecasts Q3 and FY 2024 earnings above expectations — Cybersecurity stock dips in aftermarket action — CrowdStrike Holdings Inc. topped expectations with its results and outlook …

More: Reuters, Investor's Business Daily, and Crowdstrike

Kyle Wiggers / TechCrunch:

Tel Aviv-based AI21 Labs, which develops generative AI tools for text use cases, raised a $155M Series C at a $1.4B valuation, taking its total funding to $283M — AI21 Labs, a Tel Aviv-based startup developing a range of text-generating AI tools, has raised $155 million in a Series C funding round led …

More: The Information, FinSMEs, VentureBeat, and Reuters

X: @citrini7 and @danprimack

Jennifer Pattison Tuohy / The Verge:

JBL announces the $330 Authentics 200, $700 Authentics 500, and portable $430 Authentics 300, the first smart speakers featuring both Alexa and Google Assistant — Three new JBL smart speakers from Harman will be the first to offer simultaneous voice assistants, so you can ask Alexa to start the music and then ask Google to stop it.

More: The Ambient, XDA Developers, The Keyword, Harman International, AFTVnews, Neowin, Pocket-lint, Lifewire, 9to5Google, Phandroid, Tom's Guide, About Amazon, TechHive, TechCrunch, The Verge, Engadget, Stuff, ZDNet, GeekWire, Bloomberg, T3, What Hi-Fi?, and TechRadar

LinkedIn: Eric Olason. Forums: r/gadgets

Reuters:

Filing: Nvidia says the US expanded export restrictions of “a subset of A100 and H100” chips to regions beyond China, including some Middle Eastern countries — The U.S. government has imposed restrictions on some Nvidia (NVDA.O) artificial intelligence chip exports to certain countries …

More: Telegraph, PCMag, iTnews, and Tom's Hardware

Wallace Witkowski / MarketWatch:

Salesforce reports Q2 revenue up 11% YoY to $8.6B, vs. $8.53B est., $1.27B net income, and forecasts Q3 and FY 2024 earnings above expectations; CRM jumps 5%+ — Salesforce sees third-quarter earnings of $2.05 to $2.06 a share, compared with Street's $1.84

More: Investor's Business Daily, Reuters, Bloomberg, Salesforce, CNBC, and Constellation Research

X: @benioff, @lexnfx, @cityofthetown, @jordannovet, @jordannovet, and @lexnfx

Bloomberg:

China starts approving the first batch of generative AI services for public rollout; Baidu receives approval to launch its Ernie Bot to the public on August 31 — - Regulators may give out the green-light as soon as this week — Beijing deems AI a business as well as political imperative

More: PingWest, Engadget, MIT Technology Review, Reuters, MarketWatch, Seeking Alpha, and Reuters. X: @pingroma

Kyle Wiggers / TechCrunch:

Seattle-based Hyperproof, which offers SaaS risk and compliance management tools, raised $40M led by Riverwood Capital, taking its total funding to $66.5M — Hyperproof, a software-as-a-service risk and compliance management company, today announced that it raised $40 million in a funding round led …

More: SiliconANGLE, Hyperproof, Hyperproof, FinTech Global, FinSMEs, and GeekWire. LinkedIn: Tarryn Marcus

Lora Kolodny / CNBC:

In July 2023, the NHTSA ordered Tesla to provide data on Autopilot's “Elon mode”, which eliminates prompts for drivers to their keep hands on the wheel — - Tesla received a special order from the National Highway Transportation Administration in late July requiring …

More: The Register, Bloomberg, Associated Press, Gizmodo, Tech.co, Tech Xplore, TweakTown, Electrek, Reuters, and The Verge

Forums: Hacker News, r/RealTesla, and r/teslamotors

Makena Kelly / The Verge:

A look at the wave of child safety legislation in the US aimed at age-gating minors' access to the internet, backed by Republicans and Democrats alike — By the end of this month, porn will get a lot harder to watch in Texas. Instead of clicking a button or entering a date of birth …

More: The Guardian. X: @mike_salter, @eff, @matthew_d_green, and @matthew_d_green

Forums: r/politics and r/technology

Gabriel Sanchez / Bloomberg:

Bumble, Match, and Grindr explore more expensive subscription tiers for users seeking a more curated experience; Bumble says some users feel $40 to $50 is “low” — - New weekly subscriptions are driving Gen Z subscription growth — Premium tiers are also planned as paying user growth stalls

More: 9to5Mac and South China Morning Post. Mastodon: @carnage4life@mas.to

Leo Lewis / Financial Times:

Sources: Chinese hackers accessed Japanese cybersecurity agency NISC's emails for up to nine months; experts: China may be behind Port of Nagoya's July 4 attack — Infiltration comes as allies scrutinise Tokyo's defences against hacking — The organisation responsible for Japan's national defences …

More: The Record, SC Media, Security Affairs, Metacurity, and The Information

X: @shashj, @matthew_pines, @war_student, @johnnysaks130, @lukolejnik, and @danwblack

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From Mediagazer

Bloomberg:

How Paramount's David Ellison deployed financial backing and political lobbying, including his well-connected chief legal adviser, to beat Netflix and win WBD

Jeremy Barr / The Guardian:

Memo: another CBS News producer leaves, after 46 years, and says, “We've been told to aim our reporting at a particular part of the political spectrum”

Ted Johnson / Deadline:

The FCC approves Charter's $34.5B merger with Cox, combining cable, fiber, and cloud units, and taking the Cox name and using Spectrum for consumer business

More News

Aisha Malik / TechCrunch:

Instagram is internally testing letting users create Reels up to 10 minutes long, after TikTok increased its maximum video length to 10 minutes in February 2022

More: The Verge, Engadget, MSPoweruser, and Zee News

Threads: @karissabe and @quillmatiq. X: @alex193a

Blassy Boben / Reuters:

India says 32+ international electronics firms, including HP, Dell, Asus, Acer, and Lenovo, applied to the country's $2B incentive program under “Make in India”

More: ZDNet, Bloomberg, and International Business Times

Jordan Fragen / VentureBeat:

Data.ai and IDC project that consumers will spend $108B on mobile games in 2023, or ~55% of game spending globally, $43B on consoles, and $40B on PC and Mac

More: Data.ai, Pocket Gamer.biz, and Mobilegamer.biz

Financial Times:

UAE-linked G42, MBZUAI, and Cerebras launch Jais, an open-source, English and Arabic bilingual LLM; the UAE once trained an LLM, Falcon, using 300+ Nvidia GPUs

More: Gulf News, G42, EnterpriseAI, The National, and Reuters

Jordyn Holman / New York Times:

GOP AGs from 16 states express concerns to the SEC about Shein filing for a US IPO and urge the agency to have Shein prove the company doesn't use forced labor

Jon Porter / The Verge:

Fairphone announces the €699 Fairphone 5, with a 6.46" 90Hz OLED display, dual 50MP cameras, 30W charging, and eight years of patches, shipping on September 14

More: CNET, 9to5Google, T3, TechRadar, PCMag, Phandroid, PhoneArena, TechCrunch, Gizmodo, SPARROWS NEWS, XDA Developers, Gizchina, Liliputing, nextpit, Wccftech, TechSpot, TechEBlog, Android Headlines, Android Police, OSnews, Digital Trends, Fairphone, Phone Scoop, ZDNet, Engadget, Android Authority, Notebookcheck, and GSMArena.com

X: @mishaalrahman, @dvrkplayer, @mishaalrahman, and @fairphone

Forums: r/gadgets and Beehaw

Financial Times:

Critics say India's personal data protection bill passed earlier in August gives authorities the power to surveil via equipment at subsea cable landing stations

More: DatacenterDynamics and Livemint

Caiwei Chen / Rest of World:

Chinese sextortion scammers have flooded X, harassing political dissidents and influential opinion leaders since the site added paid blue checks in April 2023

More: MIT Technology Review and New York Post

Mastodon: @carnage4life@mas.to and @casilli@mamot.fr

X: @mvzelenks, @restofworld, @restofworld, @caiweic, @restofworld, @hrichina, and @restofworld. LinkedIn: Thomas Freeman

Earlier Picks

Wall Street Journal:

Despite a rough year for the memory chip business, SK Hynix's stock rose almost 60% in 2023, benefiting from AI applications that rely on high bandwidth memory

More: Tom's Hardware

Lilian Zhang / South China Morning Post:

Alibaba's T-Head, VeriSilicon, and seven other Chinese chip companies form a patent protection alliance for RISC-V to share and license patents to third parties

Lora Kolodny / CNBC:

Court filing: X faces 2,200 arbitration cases from employees laid off after Elon Musk took over; the filing fees alone could be $3.5M for such a volume of cases

More: CourtListener, Forbes, Mashable, 9to5Mac, Cybernews.com, and Insider

Mastodon: @chikorita157@sakurajima.moe. X: @zenofdesign. LinkedIn: Lora Kolodny. Forums: r/news and r/EnoughMuskSpam

Alex Zorn / Chicago Business Journal:

Chicago-based Mediafly, which provides a revenue enablement service to Adobe, ADP, Honeywell, Nestlé, and other large companies, raised $80M led by BIP Ventures

More: Tech Funding News, Chicago Business, Mediafly, and Forrester

X: @bipventures and @mediafly

Danny Nelson / CoinDesk:

Source: Robinhood, whose entry into crypto was powered by Jump Trading, parted ways with the firm in early July; Jump has reportedly pulled back from the US

More: Fortune and Coinspeaker

X: @twobitidiot and @hsakatrades. Forums: r/CryptoCurrency

Casey Newton / Platformer:

Meta's Oversight Board took 234 days to rule in an incitement to violence case involving Cambodian PM Hun Sen, revealing the board's glacial pace for operations

More: Transparency Center, Engadget, and The Hill

Threads: @crumbler. Bluesky: @zitron.bsky.social. X: @ttp_updates, @oversightboard, @jackshafer, @johnwilson, and @oversightboard

Mark Sullivan / Fast Company:

In a “safety” blog post, X announces “paid-for promoted political posts”, starting in the US, and plans to “provide a global advertising transparency center”

More: Twitter, TechCrunch, zylstra.org, Agence France-Presse, Forbes, MediaNama, Silicon Republic, Ars Technica, Gizmodo, and Reuters

Mastodon: @runsm0oth@universeodon.com. X: @safety, @melissaryan, @moonalice, @adamkovac, @kyliebytes, @x, @katieharbath, @thesullivan, @__esteiner, and @__esteiner