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July 17, 2024, 3:35 PM
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| New York Times: |
Sources: at a June dinner, David Sacks, Chamath Palihapitiya, and others told Trump to pick JD Vance as VP; Elon Musk and Peter Thiel also advocated for Vance — Mr. Vance spent less than five years in Silicon Valley's tech industry, but the connections he made with Peter Thiel and others became crucial to his political ascent.
More: New York Times, Telegraph, Semafor, San Francisco Business Times, Financial Times, Reclaim The Net, Bloomberg, Inside Bitcoins, and This is Not Cool
Threads: @crumbler, @reckless1280, @carnage4life, and @crumbler
X: @elonmusk, @davidsacks, @elonmusk, @chamath, @davidsacks, @emptywheel, @chamath, @rmac18, @silvermanjacob, @robcrilly, @jeffjarvis, @teddyschleifer, and @rmac18. Forums: r/neoliberal
| Marina Temkin / TechCrunch: |
On their podcast, Marc Andreessen and Ben Horowitz explain why they are backing Trump, say Trump is pro-crypto, Biden's overregulation harms startups, and more — Marc Andreessen, the co-founder of one of the most prominent venture capital firms in Silicon Valley, says he's been a Democrat most of his life.
More: The Guardian, Decrypt, Newcomer, Cryptopolitan, crypto.news, Associated Press, New York Magazine, The Information, Music Ally, Crypto Briefing, DL News, Axios, and Bloomberg
Threads: @parkert, @coloradotravis, @elizspiers, @gwestr, and @crumbler. Mastodon: @KarlBode@masto.ai
X: @mcuban, @davidsacks, @brendan_duke, @pmarca, @kelseytuoc, @danprimack, @kelseytuoc, @kelseytuoc, @kelseytuoc, @mwseibel, @maddierenbarger, @tsarnick, @boltyboy, @alexiskold, @mattyglesias, @ericnewcomer, @dpinsen, @prestonjbyrne, @carnage4life, @aphysicist, @ktmboyle, @bigmeaninternet, @spiritofpines, @jessesingal, @danprimack, @kimmaicutler, @shonaghosh, @mattzeitlin, @pmarca, @elonmusk, @billhughesdc, @carnage4life, @a16z, @johnkonrad, @bennjordan, @garymarcus, @kateclarktweets, @ericjackson, @danprimack, @pmarca, and @jessicalessin. Forums: r/technology
| The Information: |
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Threads: @anildash, @esqueer_, @yannlecun, @benedictevans, @technicallymims, @gk_ventures, @technicallymims, @benedictevans, @benedictevans, @moskov, and @carnage4life
| Bloomberg: |
Sources: the US is mulling imposing the foreign direct product rule, seen as draconian by allies, on Tokyo Electron and ASML's chip equipment business in China — - Restrictions would hit technology from Tokyo Electron and ASML — US companies like Lam have urged softer approach in meetings
More: Reuters, Investor's Business Daily, CNBC, Nikkei Asia, Barron's Online, Financial Times, Yahoo Finance, TNW, Quartz, Forbes, Proactiveinvestors UK, Tom's Hardware, Benzinga, Wccftech, South China Morning Post, CryptoGlobe, Invezz, The Register, Silicon Valley Business …, Bloomberg, and DigiTimes
X: @6d6f636869, @technology, @mackhawk, and @thorstenbenner
Forums: r/neoliberal, r/europe, and r/wallstreetbets
| Reuters: |
Sources: GitLab, which has an ~$8B market cap, is exploring a sale after attracting interest from its peers, including Datadog, which has a $44B market cap — GitLab (GTLB.O), a U.S. provider of cloud-based software development tools whose investors include Google parent Alphabet (GOOGL.O) … | Samuel Stolton / Bloomberg: |
The EU's General Court says TikTok is large enough to fall under the DMA, rejecting ByteDance's challenge; ByteDance can appeal to the European Court of Justice — - TikTok attempt to avoid EU's Digital Markets Act is dismissed — Chinese-owned social media giant also risks ban in the US
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X: @beuc, @samuelstolton, @eucourtpress, and @lewis_crofts
| Bloomberg: |
Donald Trump says “I'm for TikTok, because you need competition”, and “if you don't have TikTok, you have Facebook and Instagram” and “that's Zuckerberg” — It's late June, and Donald Trump is plotting his next presidency in the gilded offseason isolation of the Mar-a-Lago Club.
More: Bloomberg, PCMag, Gizmodo, Reuters, CoinDesk, Quartz, Digital Music News, Cointelegraph, Axios, HuffPost, Proactive, Business Insider, Mobile World Live, The Independent, The Defense Post, The Block, and The Information
Threads: @technicallymims. X: @thorstenbenner, @jimgeraghty, @jamescrabtree, @kyleichan, @thestalwart, @fbermingham, @hiattb, @shashj, @tomgara, @mrjeffu, @josephzeballos, @prem_thakker, @thestalwart, @john_hudson, @alexwickham, @bgrueskin, @mackhawk, @drewpavlou, @ericlevitz, @bradstone, @joumannatv, @mackhawk, @jason_kint, @jakesherman, @katie_roof, @davidjoachim, @_danilo, @drewpavlou, and @sarahfrier
Forums: r/Sino, r/neoliberal, and r/politics
| Carl Franzen / VentureBeat: |
OpenAI researchers reveal an algorithm by which LLMs can learn to better explain themselves to their users and improve the legibility of their outputs — One of the most interesting and useful slang terms to emerge from Reddit in my opinion is ELI5, from its subreddit of the same name … | Financial Times: |
Source: Fei-Fei Li's World Labs, founded in April 2024 and aiming to create “spatial intelligence” in AI, raised ~$100M in its latest round at a $1B+ valuation — Stanford computer scientist's ‘spatial intelligence’ venture wins backing from investors including Andreessen Horowitz
More: The Verge, Silicon Valley Business …, and Disruption Banking
| Tom Warren / The Verge: |
Microsoft launches its AI-powered Designer app out of preview on iOS and Android, letting users create images, stickers, and more, expanding on the web client — Microsoft's AI-powered Designer app is coming out of preview today for both iOS and Android users.
More: Source, Windows Blog, AppleInsider, XDA Developers, TechCrunch, Windows Central, Windows Latest, Thurrott, iPhone in Canada Blog, Neowin, and TestingCatalog. LinkedIn: Sumit Chauhan
| Arjun Kharpal / CNBC: |
ASML reports Q2 net sales down 9.5% YoY to €6.24B, vs. €6.03B est., net income down 18.7% YoY to €1.6B, vs. €1.4B est., and keeps its FY 2024 outlook unchanged — ASML reported second-quarter earnings and sales that beat forecasts, as interest in artificial intelligence chips drives … | Caroline Mimbs Nyce / The Atlantic: |
Meta launches a small pilot program to let some researchers access Instagram data for up to about six months to study the app's effect on teens and young adults — The teens are on Instagram. That much is obvious. A majority of teens say they use the app, including 8 percent who say they use it … | Ookla: |
T-Mobile was the fastest US mobile network in H1 2024, with a Speed Score, which combines download and upload speeds, of ~206, vs. AT&T's ~112, Verizon's ~108 — T-Mobile leads on key mobile KPIs — T-Mobile continues to dominate the mobile landscape in the U.S., boasting the fastest speeds … | Allison Johnson / The Verge: |
Hands-on with the Samsung Galaxy Z Fold6's “sketch to image” generative AI tool that turns rough sketches into images: ridiculous, fun, and slightly worrying — The pirate ship in Elliott Bay was one thing, but it was a little blurry bee that sent me over the edge.
X: @fdaudens
| Sarah Wynn / The Block: |
Court filing: FTX and the CFTC agree to a $12.7B settlement after months of negotiations, pending a judge's approval; FTX will return up to $12.7B to creditors — - The two have been negotiating over the past few months, according to a court document filed on July 12 in the U.S. Bankruptcy Court for the District of Delaware.
More: Decrypt, Crowdfund Insider, CryptoPotato, Silicon Republic, CCN.com, Milk Road, Cointelegraph, and CryptoSlate
| Foo Yun Chee / Reuters: |
Doc: EU regulators are asking industry participants if Google's deal to have Gemini Nano pre-installed on Samsung phones hinders rival chatbots on the devices — EU antitrust regulators are asking industry participants if Google's (GOOGL.O) multi-year generative artificial intelligence …
More: PYMNTS.com
| Bloomberg: |
Yemen says a ship has repaired the AAE-1 subsea cable, linking Asia and Europe, in the Red Sea, and remains in the water to repair the Seacom and EIG cables — - Vessel owned by UAE-based telco making repairs amid conflict — Fixes to internet cables delayed by geopolitical friction| Sharon Goldman / Fortune: |
In an interview, Google DeepMind and Google Research Chief Scientist Jeff Dean says AI is not to blame for the brunt of data center emissions increase — Google sent a jolt of unease into the climate change debate this month when it disclosed that emissions from its data centers rose 13% in 2023 … | Emilia David / VentureBeat: |
Google unveils Project Oscar, an open-source platform to help product teams monitor software issues or bugs using AI agents, at its I/O Connect Bengaluru event — Google has announced Project Oscar, a way for open-source development teams to use and build agents to manage software programs.
More: InfoWorld, Google Developers Blog, TechCircle, The Indian Express, SiliconANGLE, and Thurrott
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