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April 23, 2024, 10:15 AM
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Emilia David / The Verge:
Microsoft launches Phi-3 Mini, a 3.8B-parameter model that competes with GPT-3.5, and plans to release Phi-3 Small and Phi-3 Medium with 7B and 14B parameters  —  Microsoft launched the next version of its lightweight AI model Phi-3 Mini, the first of three small models the company plans to release.
Counterpoint Research:
iPhone sales in China fell 19.1% YoY to a 15.7% share in Q1 2024; Vivo fell 0.4% YoY to 17.4%, Honor rose 11.5% YoY to 16.1%, and Huawei rose 69.7% YoY to 15.5%  —  - China's smartphone sales grew 1.5% YoY and 4.6% QoQ in Q1 2024, marking the second consecutive quarter of positive YoY growth.
Austin Weinstein / Bloomberg:
Sources: two SEC lawyers resigned after a US federal judge sanctioned and sharply rebuked the SEC for “gross abuse” of power in crypto platform DEBT Box's case  —  - Judge sanctioned regulator for ‘gross abuse of power’ in March  — Utah crypto firm was put into receivership on staff's advice
Washington Post:
Google fires ~20 more staff the company says participated in protests denouncing an Israeli cloud contract; an activist workers' group says the total is now 50+  —  Some employees protested the tech giant's contract with the Israeli government.  They've been let go.
Dave Lee / Bloomberg:
As Congress' TikTok bill moves ahead, lawmakers must show the public on what grounds the government is banning a popular and culturally significant platform  —  Congress must show the evidence to gain Americans' support for its proposed sale or ban of one of the world's most popular social networks.
James Rundle / Wall Street Journal:
Source: UnitedHealth's Change Healthcare was compromised on February 12, nine days before the ransomware attack; the company paid a ransom to the hackers  —  UnitedHealth Group paid ransom to hackers, person familiar with the cyber investigation said  —  's Change Healthcare unit …
Ashley Carman / Bloomberg:
Spotify reports Q1 revenue up 20% YoY to €3.6B, MAUs up 19% YoY to 615M, below 617.9M est., subscribers up 14% YoY to 239M, and a €168M operating income  —  - Subscribers to paid Spotify tiers grew 14% to 239 million  — Audio-streaming firm swings to profit in first quarter
Scott Stein / CNET:
Meta opens its VR OS, now called Horizon OS, to third parties, and says Asus and Lenovo plan Horizon OS-compatible headsets; Meta plans an Xbox branded Quest  —  Meta's Horizon OS, as it's now called, will bring Quest-alikes: Asus, Lenovo, and even an Xbox variant are coming.  Here's what to expect.
More: Meta, ZDNet, Financial Express, Engadget, Engadget, The Hindu, BGR, NFT News Today, Thurrott, TechRadar, 9to5Google, The Verge, UploadVR, Social Media Today, KitGuru, Silicon UK, Patently Apple, Stuff, The Indian Express, Wccftech, TechSpot, Press Start, The Shortcut, Windows Report, Business Times, Techsponential, The Ghost Howls, Tom's Guide, Android Police, Ars Technica, GSMArena.com, Eurogamer.net, KnowTechie, MobileSyrup, Notebookcheck, How-To Geek, Android Authority, Neowin, Trusted Reviews, Lifewire, Sandhill Report, CNBC, Android Central, Meta for Developers, Liliputing, BNN Bloomberg, GamesIndustry.biz, UploadVR, Dexerto, Road to VR, and Road to VR
Threads: @zuck, @techaltar, @ben_adida, @dantley, @mishaal_rahman, @mishaal_rahman, @documentingmeta, @alecmuffett, @parkert, @boztank, @boztank, @carnage4life, @akruglov, @gossithedog, @boztank, @chris, @vishalshahis, @boztank, and @avfernandezz.  Instagram: Mark Zuckerberg
Mastodon: @lexd0g@wetdry.world and @stroughtonsmith …
X: @mishaalrahman, @sadlyitsbradley, @heaney555, @firt, @edzitron, @cixliv, @sadlyitsbradley, @nickadobos, @heaney555, @asychov, @sadlyitsbradley, @cristianoamon, @migueldeicaza, @cixliv, @alexeheath, @yewnyx, @scobleizer, @raywongy, @anshelsag, @lenovonews, @cixliv, @javierdavalos, @greengart, @heaney555, @seyitaylor, @sadlyitsbradley, @benbajarin, @benbajarin, @timsweeneyepic, @jeffym85, @oculus_dev, @mishaalrahman, @vrjsy, @vincentguigui, @bmfshow, @rjdoesvr, @matt_pulsipher, @cezaryxr, @bengeskin, @tkexpress11, @hero_kvatch, @ericpresidentvr, @asus_rog, @multicallum, @basel_sabbagh, @ninjaguyx, @georgemayer, @realitylabs, @maxwinebach, @andrewcurran_, @andyparackal, @lunayian, @jetscott, @gabroxr, @mankindforward, @ramahluwalia, @maxweisel, and @carnage4life
LinkedIn: Eric Rosario and Stephen Broadwell
Forums: Hacker News, r/PSVR, r/VisionPro, r/Games, r/XboxSeriesX, and r/OculusQuest
Jess Weatherbed / The Verge:
Adobe adds AI tools to Photoshop powered by its new Firefly Image 3 model, including Reference Image to inspire the AI's output, available in beta on desktop  —  Adobe is adding some new generative AI tools to its Photoshop creative software that aim to give users additional ways to control the designs they generate.
Nilay Patel / The Verge:
Newsletter service Ghost says it plans to add ActivityPub support in 2024; rival service Buttondown also plans ActivityPub support  —  Interoperable social media is having a real moment  —  Open platforms keep gaining support out there — newsletter platform Ghost just published what amounts …
Shirin Ghaffary / Bloomberg:
Perplexity AI, which offers an AI chatbot to summarize search results, raised ~$63M led by Daniel Gross at a $1B+ valuation, up from $520M in January 2024  —  Perplexity's valuation has doubled in three months in a clear sign of investor enthusiasm for the company's artificial intelligence chatbot.
More: Benzinga

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This is a Techmeme archive page. It shows how the site appeared at 10:15 AM ET, April 23, 2024.

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From Mediagazer

New York Times:
Sources: Sony Pictures and Apollo Global formally express interest in acquiring Paramount for ~$26B; Paramount's negotiating period with Skydance ends May 3

Tom McArthur / BBC:
RSF publishes its World Press Freedom Index and places Norway, Denmark, and Sweden in the top three, the US down 10 spots at 55, and Eritrea in last place

Financial Times:
An interview with UK culture secretary Lucy Frazer on blocking RedBird IMI's Telegraph takeover bid, plans to cap foreign state ownership at 5%, and more

More News

Mike Cherney / Wall Street Journal:
Elon Musk criticizes Australia's order to remove a video of a religious leader's stabbing, after the eSafety commissioner took X to court and the PM weighed in
Akila Quinio / Financial Times:
Revolut plans an ad sales push, expects to derive a “proper chunk” of its revenue from targeted ads, and hires an ex-TikTok executive to lead its media strategy

Earlier Picks

Lizette Chapman / Bloomberg:
Nominal, which offers tools for data analysis, testing, and more to startups building advanced hardware like drones, emerges from stealth with $27.5M in funding
TechCrunch:
TabaPay, which offers instant payment services, agrees to acquire assets of banking-as-a-service startup Synapse, after Synapse filed for Chapter 11 bankruptcy
Annie Palmer / CNBC:
Amazon ends drone deliveries in Lockeford, California, which began in 2022, and plans to expand them to Tolleson, Arizona, in 2024 and other US regions in 2025
Connie Loizos / TechCrunch:
HR software company Rippling raised a $200M Series F led by Coatue at a $13.5B valuation, up from $11.25B in March 2023, and a separate $590M tender offer
Rohan Goswami / CNBC:
Cloud data management company Informatica says it is not currently in acquisition talks, after Salesforce's reported interest in a ~$10B deal; INFA falls 8%+
Natasha Lomas / TechCrunch:
The EU opens another TikTok investigation to assess whether TikTok Lite's design, which financially rewards users for watching or liking videos, is “addictive”
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