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June 19, 2024, 11:45 AM
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Asa Fitch / Wall Street Journal:
As Nvidia passes Microsoft's market cap, John Chambers, who was Cisco's CEO when Cisco passed Microsoft in the dot-com boom, says the situation now is different  —  Chip maker passes Microsoft for top spot, just as John Chambers-led Cisco Systems did two decades ago.  He says the situation now is different.
The Information:
Sources detail how Jensen Huang and Nvidia are guarding against slowing chip sales, including offering more cloud services and designing custom server racks  —  Around Christmas last year, Nvidia CEO Jensen Huang called a series of meetings with company executives to discuss a growing concern …
Kif Leswing / CNBC:
Nvidia surpasses Microsoft to become the world's most valuable public company, with a $3.34T market cap; NVDA is up over 9x since January 2023
Ryan Ozawa / Decrypt:
Consensys says the US SEC is “closing its investigation into Ethereum 2.0” and “will not bring charges alleging that sales of ETH are securities transactions”  —  Leading Ethereum developer Consensys announced late Tuesday that the U.S. Securities and Exchange Commission is …
Sean Hollister / The Verge:
Framework partners with DeepComputing to build a RISC-V mainboard for its Laptop 13, set to become one of the first RISC-V laptops; price and release are TBC  —  What if your laptop didn't need a processor from an established brand like Intel or AMD?  What if it didn't even rely on proprietary paid architectures like Arm and x86?
Mike Masnick / The Daily Beast:
The US surgeon general's call for social media warning labels seems to ignore evidence and may feed into a moral panic, similar to prior panics over video games  —  SCREEN BURN  —  Surgeon General Dr. Vivek H. Murthy is wrong about the harmful effects of social media on kids …
Wired:
Analysis: Perplexity seems to scrape sites using surreptitious methods, ignoring robots.txt, with a Perplexity-tied machine doing so on Wired and other sites  —  A WIRED investigation shows that the AI-powered search startup Forbes has accused of stealing its content is surreptitiously scraping—and making things up out of thin air.
Todd Spangler / Variety:
Netflix plans to open two permanent in-person experience venues, in Dallas and near Philadelphia, in 2025, a continuation of its previous pop-ups  —  They're not exactly theme parks, but the new Netflix Houses — to open next year in King of Prussia, Pa., and Dallas — will feature a wide array …
Thomas Claburn / The Register:
A look at Mozilla's acquisition of Anonym, which offers “privacy-preserving” ad tools, and how Anonym might interact with a user base that tends to block ads  —  Is such a thing possible for an industry that never respected people's wishes?  —  ANALYSIS Mozilla this week …
Matt Burgess / Wired:
FOI documents: eight UK train stations scanned passenger faces for two years as part of AI trials; Amazon software was used to predict age, gender, and emotions  —  CCTV cameras and AI are being combined to monitor crowds, detect bike thefts, and spot trespassers.
Ian King / Bloomberg:
AMD is working with police and a host provider to investigate a claim that company data was stolen, after a BreachForums user said they breached AMD's systems  —  Advanced Micro Devices Inc., the second-largest maker of personal computer processors, is looking into claims that company information was stolen in a hack.
Reuters:
The US FTC says it has referred a complaint to the DOJ against TikTok and ByteDance over potential violations of the Children's Online Privacy Protection Act  —  The U.S. Federal Trade Commission said on Tuesday it had referred a complaint to the Justice Department against the social media platform TikTok …
Laura Kipnis / Wired:
A look at Rebind, a mysterious startup that turns Margaret Atwood and other authors' voices into AI reading companions, and an interview with CEO John Dubuque  —  Margaret Atwood, Marlon James, Lena Dunham, Roxane Gay: We've all agreed to be turned into AI reading companions by a mysterious company called Rebind.
Aisha Malik / TechCrunch:
A former Snap engineer debuts Butterflies, a social network where users can create AI personas that then interact with users and other AIs via posts and DMs  —  Butterflies is a social network where humans and AIs interact with each other through posts, comments and DMs.

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This is a Techmeme archive page. It shows how the site appeared at 11:45 AM ET, June 19, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Todd Spangler / Variety:
A MoffettNathanson chart showed Netflix delivered 48 cents of revenue per hour viewed in 2025, below competitors, giving it room for its price hike this week

Kathryn Wilkens / Mediaite:
At CPAC, FCC Chair Brendan Carr boasted “Trump is winning”, citing PBS and NPR defunding and the departures of Joy Reid, Chuck Todd, Stephen Colbert, and others

Charlotte Klein / New York Magazine:
A look at Vogue's wedding coverage and efforts brides make to be featured; Chloe Malle says it generates “some of the most time spent on articles”

More News

Earlier Picks

Caroline O'Donovan / Washington Post:
The California Labor Commissioner's Office fines Amazon $5.9M for violating a 2022 state law by failing to properly inform workers of quotas at two warehouses
Alex Heath / The Verge:
Internal memo: Meta merges its Reality Labs teams into the “Metaverse” product group that now includes Quest, and the AR product group, now called “Wearables”
Jason Snell / Six Colors:
Developers say Apple is denying or delaying notarization of iOS apps, including emulators, for alternative app stores in EU, possibly in violation of DMA rules
Larry Dignan / Constellation Research:
HPE and Nvidia unveil private cloud offerings for generative AI workloads, coming this fall, including HPE Private Cloud AI, a co-developed “turnkey” option
Bloomberg:
Filings: X is still working on a Venmo-like payments feature, with a 2024 US launch target; X had $1.48B in revenue in first six months of 2023, down ~40% YoY
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