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May 6, 2024, 11:45 AM
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memeorandum
WeSmirchTop News
| Anthony Ha / TechCrunch: |
Bluesky confirms Jack Dorsey left its board and says the public benefit company is searching for a new board member; Dorsey announced Bluesky in December 2019 — It sounds like Bluesky's most prominent backer is no longer on its board. — On Saturday, Jack Dorsey posted on X about grants …
More: The Verge, Bloomberg, Gizmodo, New York Post, The Hindu, Mashable, SWAMY WORLD, CCN.com, crypto.news, Android Headlines, CoinGape, Business Insider, Coinspeaker, Cryptonews, Business Today, Cointelegraph, Benzinga, Neowin, PCMag, We Distribute, The Crypto Times, Engadget, and Coinpedia Fintech News
Threads: @kurtwag8, @wongmjane, @fredbenenson, @crumbler, @chris, @moskov, @kbode, @karaswisher, @goldman, @goldman, @crumbler, and @dathinkyparts
Mastodon: @marcel@waldvogel.family, @crumbleneedy@aus.social, @bastardsheep@aus.social, @docpop@mastodon.social, @o_simardcasanova …, and @nora@blob.love
Bluesky: @bsky.app, @bsky.app, @evacide.bsky.social, @pogue.omg.lol, @o.simardcasanova.net, @dnas.is, @billcorbett.bsky.social, @thechillennial.bsky.social, @autiomaa.org, and @surfdude29.ispost.ing
Forums: Hacker News, r/technology, and Beehaw
| Adamya Sharma / Android Authority: |
YouTube rolls out Jump Ahead, which uses AI to let users jump to parts of a video where most viewers skip ahead, to all US Premium members using its Android app — It's currently available in the US on the YouTube Android app. — • — TL;DR — YouTube Premium members in the US … | Aaron Holmes / The Information: |
Sources: Microsoft is training a new, in-house AI model that has ~500B parameters, large enough to compete with top models from Google, Anthropic, and OpenAI — For the first time since it invested more than $10 billion into OpenAI in exchange for the rights to reuse the startup's AI models … | Counterpoint Research: |
iPhone 15 Pro Max was Q1's best-selling smartphone; Pro phones were 50% of Apple's sales, up from 24% in 2020; Apple and Samsung each had five phones in top 10 — - Apple and Samsung dominated the list of top 10 best-selling smartphones in Q1 2024. — This was the first quarter in which the top 10 smartphones were all 5G capable.
More: ZDNet, Benzinga, 9to5Mac, PhoneArena, AppleInsider, International Business Times, SamMobile, Patently Apple, MySmartPrice, and BGR
| Emily Nicolle / Bloomberg: |
Visa and Allium Labs: less than 10% of the ~$2.2T stablecoin transactions in April were “organic payments activity”, which excludes bots and large-scale traders — - Less than 10% of stablecoin transactions are “organic:” Visa — PayPal, Stripe are among fintechs expanding in stablecoins| Kyle Wiggers / TechCrunch: |
Stack Overflow signs a deal with OpenAI to supply data to its models; new integrations between Stack Overflow and OpenAI will be available by the end of June — OpenAI is collaborating with Stack Overflow, the Q&A forum for software developers, to improve its generative AI models' performance on programming-related tasks.| Robert Lemos / Dark Reading: |
AT&T finishes its cybersecurity services group divestiture and forms LevelBlue, which has 1,000+ staff in 10 countries focused on managed cybersecurity services — AT&T completed its divestiture of its cybersecurity services group and formed a joint venture with more than 1,000 employees …
More: SiliconANGLE, PaymentSecurity.io, and Channel Futures
| Erin Griffith / New York Times: |
The increase of stock sales in privately held companies leads to tensions with startups like Stripe; the market is estimated to rise 40% YoY to $64B in 2024 — The market for shares of hot start-ups like SpaceX and Stripe is projected to reach a record $64 billion this year.| Wall Street Journal: |
Interviews with finance experts and young adults suggest TikTok videos about the economy and consumerism are creating a distorted view of financial well-being — Endless videos about the economy and consumerism are giving 20-somethings a case of ‘money dysmorphia’ — Americans under 30 get much of their news on TikTok.| Carl Franzen / VentureBeat: |
Hugging Face launches LeRobot, an open-source robotics code library, after hiring Tesla scientist Remi Cadene to lead a new open-source robotics project — Earlier this year, in March 2024, the AI developer-focused startup Hugging Face — known for maintaining the largest online repository … | Aoyon Ashraf / CoinDesk: |
Filing: Robinhood's crypto arm got a Wells notice from the US SEC on May 4; on June 27, 2023, Robinhood ended support for tokens named in previous SEC lawsuits — The trading platform previously ended support for all tokens that were named in SEC lawsuits against Binance and Coinbase.
More: Robinhood Newsroom, DL News, The Verge, The Information, The Block, Reuters, Blockworks, Barron's Online, NFTgators, Cryptopolitan, crypto.news, The Crypto Times, Coinpedia Fintech News, CryptoGlobe, Cointelegraph, CoinGape, Watcher Guru, Bloomberg, Bitcoinist.com, Crypto Briefing, Bitcoin Insider, and Benzinga
| Pieter Haeck / Politico: |
The EU's crackdown on Huawei shows an EU-wide TikTok ban will likely take years of diplomacy, as the bloc lacks a formal say over national security concerns — Of all the shots Europe is firing at China, the threat of a blanket TikTok ban is likely to only scuff Beijing.
More: Eurasia Review, Yahoo News, and Yahoo Finance
X: @politicoeurope, @pieter_haeck, and @defensebaron
Forums: r/europeanunion and r/eutech
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