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May 8, 2024, 11:30 AM
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| Reuters: |
Sources: US prosecutors are examining if Tesla committed securities or wire fraud by misleading investors and consumers about Autopilot and Full Self-Driving — U.S. prosecutors are examining whether Tesla (TSLA.O) committed securities or wire fraud by misleading investors and consumers …
More: The Verge, Gizmodo, The Information, Barron's Online, South China Morning Post, MobileSyrup, Quartz, TweakTown, Benzinga, CleanTechnica, and Business Insider
Mastodon: @carnage4life@mas.to. Bluesky: @marypcbuk.bsky.social. Forums: Hacker News, r/technology, r/wallstreetbets, and r/RealTesla
| Demetri Sevastopulo / Financial Times: |
The US Commerce Department revokes some export licenses that let companies ship chips and other goods to Huawei; sources say the move affects Intel and Qualcomm — Move marks latest effort by Biden administration to target the country's tech sector — The Biden administration …
More: Tom's Hardware, Engadget, Silicon Valley Business …, CNBC, South China Morning Post, Washington Post, Android Authority, RTÉ, TechRadar, Reuters, Light Reading, Quartz, The Register, Reuters, Fortune, International Business Times, Gizchina, The Information, Benzinga, TrendForce Insights, Huawei Central, Electronic Specifier, Neowin, BBC, Asia Financial, Forbes, Proactive, Business Times, Mobile World Live, Bloomberg, Wccftech, Benzinga, and Reuters
X: @senmarcorubio, @samirkhazaka, @julianku, @niubi, @jcawley01, @denisewu, @james_t_quinn, @james_t_quinn, @dimi, @jchengwsj, @kristinaparts, @jcawley01, @macaesbruno, and @nikstankovic_. Forums: Hacker News
| Lynn Doan / Bloomberg: |
Intel expects its Q2 revenue to be “below the midpoint” of the company's previously guided $12.5B to $13.5B range because of a new US ban on Huawei chip exports — Intel Corp. expects second-quarter revenue to fall below the midpoint of previously issued projections …
| Reuters: |
Sources: the US Commerce Department is considering a new regulatory push to restrict the export of proprietary or closed source AI models to China — The Biden administration is poised to open up a new front in its effort to safeguard U.S. AI from China with preliminary plans … | Wesley Yin-Poole / IGN: |
Memo: Microsoft's Xbox plans to shut down multiple Bethesda studios and consolidate teams to prioritize high-impact titles and invest in Bethesda's portfolio — Staff told via email. — Microsoft has closed a number of Bethesda studios, including Redfall maker Arkane Austin …
More: The Verge, HotHardware, IGN, GamesIndustry.biz, PC Gamer, TechRaptor, Video Games Chronicle, TechRadar, Destructoid, Wccftech, Pure Xbox, Gameranx, TrueAchievements, GameSpot, Push Square, Neowin, and Press Start
Threads: @charstring. Mastodon: @glecharles@zirk.us. X: @dbakaba, @arkanestudios, @tangogameworks, @qwik, @pilestedt, @yozetty, @shinji_mikami, @locust9, @theswweet, @poweredbyidtech, @gamescage_, @rcmacleod, @carnage4life, @daveoshry, @cromwelp, @thomasmahler, @astralberryy, @wyp100, and @dark1x
LinkedIn: Hailey Rojas, George Greer, Liz Chepul, and Jeff Gardiner
| Rachel Metz / Bloomberg: |
Source: OpenAI is developing a ChatGPT feature that can search the web and show results with images alongside written responses and citations to sources — The feature would let ChatGPT users search the web and cite sources in its results. — OpenAI is developing a feature for ChatGPT …
More: Search Engine Land, Thurrott, Hypebeast, and The Decoder
X: @carnage4life and @paul__walsh
Forums: r/singularity and r/ChatGPT
| Michael Peel / Financial Times: |
Google DeepMind and Isomorphic Labs detail AlphaFold 3, an AI model of life's building blocks and their interactions within cells, with sophisticated forecasts — AlphaFold 3 aims to reveal biological secrets and boost drug search efforts — Google DeepMind has unveiled …
More: TechCrunch, Reuters, New York Times, MIT Technology Review, Fortune, Wired, New Scientist, STAT, The Keyword, and ENDPOINTS NEWS
| Natalie Lung / Bloomberg: |
Uber reports Q1 revenue up 15% YoY to $10.1B, Gross Bookings up 20% YoY to $37.7B, below $38B est., and adjusted EBITDA up 82% YoY to $1.4B; UBER falls 10%+ — - Bookings growth still tops 20% on rides, order frequency gains — Operating profit falls on anticipated legal fees, settlements
More: Finbold, Benzinga, Investor's Business Daily, New York Post, New York Times, CNBC, Uber, Quartz, Financial Times, Fast Company, Reuters, and Proactive
X: @economyapp and @deitaone
| Spencer Soper / Bloomberg: |
Shopify reports Q1 revenue up 23% YoY to $1.9B, GMV up 23% YoY to $60.9B, and expects gross margins to drop by ~50 basis points YoY in Q2; SHOP plummets 18%+ — - Gross margins in current quarter are expected to narrow — President: ‘This is how you achieve long-term durable growth’
More: The Information, Barron's Online, Finbold, Investor's Business Daily, BetaKit, CNBC, Shopify, and Reuters
| André Beganski / Decrypt: |
Robinhood CEO Vlad Tenev decries a “regulatory onslaught” and calls US SEC actions “another improper attempt by the administrative state to stifle innovation” — Though Robinhood Crypto thought its “safety-first” approach was distinct, the SEC said that enforcement action is on its way.
More: US Securities …, Cryptonews, The Daily Hodl, and Crowdfund Insider
X: @vladtenev, @vladtenev, @brian_armstrong, @justinscerini, @kpaapept3, @thinkingcrypto1, @pat_mcdermott17, @zeuslfg, @trustlessstate, @meta_rach, @deeglide22, @kenashe, @samoyedcoin, @waynevaughan, @dogecoin_mogul, @alexanderfisher, @coqinuavax, @mr_derivatives, @eduardbrichuk, @soumyazen, @zer0_xiii, @eastvillagesnap, @tydyecortex1, @shaughnessy119, and @iampaulgrewal
| Steven Church / Bloomberg: |
FTX says it will have as much as $16.3B to distribute after selling all of its assets; FTX owes ~$11B to 2M+ customers and other non-governmental creditors — - Crypto customers to get interest on what FTX owes them — Bankrupt firm updates plan to divide cash among creditors
More: FTX, The Verge, Washington Post, The Block, Quartz, Associated Press, Engadget, CoinDesk, The Guardian, Blockworks, The Block, CNN, crypto.news, CryptoSlate, Cryptopolitan, BBC, TechCrunch, Protos, CNBC, PYMNTS.com, Watcher Guru, Bitcoinist.com, Proactive, Cryptonews, Coinpedia Fintech News, CryptoGlobe, Cointelegraph, Blockonomi, CoinGape, CryptoPotato, Coinspeaker, The Pomp Letter, New York Times, Financial Times, The Crypto Times, and Reuters
| Jennifer Pattison Tuohy / The Verge: |
The Connectivity Standards Alliance releases Matter 1.3, adding support for more appliances, energy and water management, and new casting protocol features — The latest Matter spec brings a number of improvements to the smart home standard founded by Apple, Google, Amazon, and Samsung.
More: PCMag, MacRumors, 9to5Google, Digital Trends, AppleInsider, TechHive, The Ambient, ZDNet, 9to5Mac, CNET, CSA-IOT, and Tom's Guide
| Georgia Butler / DatacenterDynamics: |
Google says “rare issues at Google Cloud” caused a week-long private cloud outage at UniSuper, an Australian pension fund for the education and research sectors — Google problems resulting in an inadvertent misconfiguration of UniSuper's systems
More: UniSuper, The Register, and Cyber Daily
X: @quinnypig, @gergelyorosz, @seventhsec, @setheliot, @ajdlinux, and @jasonandrade
| Tom Dotan / Wall Street Journal: |
Microsoft plans to invest $3B to build a data center in Mount Pleasant, Wisconsin, and train locals, alongside investing in a new AI lab at Wisconsin University — Company has been on a global spending spree, trying to build infrastructure and goodwill for artificial intelligence
More: The White House, Windows Central, The Verge, NBC News, Microsoft, Benzinga, CNN, PCMag, BetaNews, Reuters, Quartz, Associated Press, Bloomberg, and New York Times
| The Guardian: |
An investigation finds a vast web of fake shops run from China touting designer brands that duped 800K+ people in Europe and the US into sharing personal data — Exclusive: Vast web of fake shops touting designer brands took money and personal details from 800,000 people in Europe and US, data suggests| Stephanie Palazzolo / The Information: |
DatologyAI, which aims to help researchers better curate AI training datasets, raised a $46M Series A led by Felicis, after a $11.65M seed in February 2024 — For all that's leaked about the sizes and architectures of the advanced large language models developed by OpenAI and its ilk … | Andrew J. Hawkins / The Verge: |
Filing: Orlando-based lidar manufacturer Luminar says Tesla was its “largest LiDAR customer in Q1”, contributing 10%+ of its revenue, or ~$2.1M for the quarter — Elon Musk previously dismissed the laser sensor as a ‘crutch’ and said that any company relying on lidar to power self-driving was ‘doomed.’
More: Benzinga and Reuters
Bluesky: @darthbluesky.bsky.social. Forums: r/EnoughMuskSpam, r/MVIS, r/RealTesla, and r/SelfDrivingCars
| Ivan Mehta / TechCrunch: |
Bluesky details its product roadmap: an off-protocol DM system to facilitate one-on-one chats, custom feeds, anti-harassment tools, video support, and more — Bluesky has launched a new product roadmap for the coming months. The decentralized social network said on Tuesday that it is planning … | Bloomberg: |
Chinese government data: foreign-branded smartphones shipments, most of which are iPhones, grew 12% YoY to 3.75M in March, reversing a 37% drop in early 2024 — - The performance marks an improvement from the start of 2024 — The bounce emerged after Apple and its resellers cut prices
More: Reuters, PYMNTS.com, Quartz, AppleInsider, Business Insider, Amwal Al Ghad, MacDailyNews, and Investing.com
| Financial Times: |
The UK is investigating “potential failings” at IT contractor SSCL, which was breached by suspected Chinese hackers to expose payroll records for 272K people — Grant Shapps announces investigation into attack by ‘malign actor’ that targeted up to 270,000 military personnel records
More: The Register, The Record, GOV.UK, and Sky News
| Kate Park / TechCrunch: |
Samsung Electronics' medical device unit Samsung Medison plans to acquire Paris-based Sonio, which makes AI-powered ultrasound workflows software, for ~$92.7M — Samsung Medison, a medical device unit of Samsung Electronics that specializes in developing diagnostic imaging devices …
More: Samsung Newsroom, TNW, Cryptopolitan, Sammy Fans, KED Global, Korea Joongang Daily, and Tech Xplore
| Zheping Huang / Bloomberg: |
TikTok vs. US filing: ByteDance founder Zhang Yiming owns a 21% stake in TikTok's parent company, and is living in Singapore while keeping Chinese citizenship — - Zhang has a 21% stake in the world's most valuable startup — Chinese tech founders have built up a presence on the island| Carsten Frauenheim / iFixit News: |
A look at LPCAMM2, a totally modular, repairable, and upgradeable memory standard for laptops that doesn't require soldering LPDDR chips to the motherboard — If you've ever tried to “future-proof” a purchase by paying for everything you might eventually need up front, you know it can be a sucker's game.
More: The Register, PCWorld, iFixit on YouTube, XDA Developers, and PC Gamer
Forums: Hacker News, r/applesucks, r/hardware, and r/framework
| Tom Warren / The Verge: |
Microsoft plans to add a new auto-complete feature that offers suggestions to improve AI prompts to Copilot for Microsoft 365 in the coming months — Microsoft is attempting to solve the problem of coming up with a good prompt for generative AI, aiming to turn everyone into a prompt engineer.
More: Thurrott, PCWorld, ZDNet, Windows Central, MSPoweruser, Neowin, Petri IT Knowledgebase, and Fast Company
| Manya Saini / Reuters: |
Data collaboration software maker Atlan raised a $105M Series C led by Singapore's GIC and Meritech at a $750M valuation, taking its total funding to $206M — Atlan said on Wednesday it had raised $105 million in a funding round led by Singapore's sovereign wealth fund GIC …
More: TechCrunch, FinSMEs, Entrackr, Livemint, DealStreetAsia, Atlan, and Inc42 Media
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