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July 17, 2024, 6:05 PM
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memeorandum
WeSmirchTop News
| 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, Benzinga, Semafor, The San Francisco Standard, CryptoGlobe, Silicon Valley Business …, Financial Times, Reclaim The Net, This is Not Cool, Inside Bitcoins, and Bloomberg
Threads: @reckless1280, @crumbler, @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: Decrypt, CryptoSlate, Business Insider, New York Magazine, NewsBTC, Music Ally, Newcomer, Crypto Briefing, DL News, crypto.news, Cryptopolitan, Axios, The Information, and Bloomberg
Threads: @parkert, @coloradotravis, @elizspiers, @gwestr, and @crumbler. Mastodon: @KarlBode@masto.ai
X: @mcuban, @davidsacks, @kelseytuoc, @kelseytuoc, @kelseytuoc, @kelseytuoc, @pmarca, @mwseibel, @maddierenbarger, @tsarnick, @boltyboy, @alexiskold, @mattyglesias, @ericnewcomer, @dpinsen, @prestonjbyrne, @carnage4life, @aphysicist, @ktmboyle, @bigmeaninternet, @spiritofpines, @jessesingal, @danprimack, @kimmaicutler, @shonaghosh, @mattzeitlin, @pmarca, @elonmusk, @billhughesdc, @brendan_duke, @carnage4life, @a16z, @johnkonrad, @bennjordan, @danprimack, @garymarcus, @kateclarktweets, @ericjackson, @danprimack, @pmarca, and @jessicalessin
Forums: r/politics and r/technology
| The Information: |
More: a16z on YouTube, The Guardian, New York Post, Business Insider, Stratechery, Axios, Financial Times, Watcher Guru, Associated Press, Coinspeaker, Benzinga, Cryptopolitan, Bloomberg, Axios, Platformer, Inc.com, The Atlantic, Forbes, Fox Business, Seeking Alpha, New York Post, Gizmodo, Business Insider, Axios, CNBC, Cointelegraph, The Verge, Le Monde.fr, The Information, Wall Street Journal, and New York Times
Threads: @anildash, @esqueer_, @yannlecun, @benedictevans, @technicallymims, @gk_ventures, @technicallymims, @benedictevans, @benedictevans, @moskov, and @carnage4life
| Bloomberg: |
Sources: the US is considering using tougher trade rules if companies like Tokyo Electron and ASML continue giving China access to advanced chip technology — - Restrictions would hit technology from Tokyo Electron and ASML — US companies like Lam have urged softer approach in meetings
More: Axios, The Information, Fortune, Reuters, Investor's Business Daily, Benzinga, Yahoo Finance, New York Times, Proactiveinvestors UK, Quartz, Tom's Hardware, Wccftech, TNW, Forbes, South China Morning Post, CryptoGlobe, Invezz, The Register, Financial Times, Nikkei Asia, Silicon Valley Business …, and Bloomberg
X: @6d6f636869, @technology, @mackhawk, and @thorstenbenner
Forums: r/neoliberal, r/europe, and r/wallstreetbets
| Arjun Kharpal / CNBC: |
Global chip stocks fell sharply after reports of tighter export restrictions from the US and comments from Trump, who said Taiwan should pay the US for defense — WATCH NOW — Global chip stocks fell sharply, with ASML, Nvidia and TSMC posting declines amid reports of tighter export restrictions …
More: Barron's Online, Wall Street Journal, Proactive, Reuters on YouTube, The Motley Fool, Reuters, Bloomberg, Quartz, BusinessLIVE, and The Defense Post. Forums: r/politics
| 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) … | Ina Fried / Axios: |
Meta says it will withhold future multimodal AI models in the EU because of what it says is a lack of clarity from regulators; text-only models will be offered — - Apple similarly said last month that it won't release its Apple Intelligence features in Europe because of regulatory concerns.
More: Engadget, The Information, Cryptopolitan, CCN.com, and The Register
| 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
More: Reuters, Digital Music News, Android Headlines, Seeking Alpha, UPI, Euronews, Business Standard, Reuters, The Independent, Silicon Republic, Silicon UK, Deutsche Welle, The Mirror, Euractiv, Engadget, 9to5Mac, Court of Justice of the European Union, BERNAMA, Yen.com.gh, Benzinga, Semafor, and NewsBytes
X: @beuc, @samuelstolton, @eucourtpress, and @lewis_crofts
| 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 … | Jess Weatherbed / The Verge: |
Spotify launches an AI DJ that speaks Spanish, in beta for Premium customers in markets where its English-language DJ is offered, and in Spain and Latin America — The new Spanish-language voice has been provided by Spotify's senior music editor, Olivia “Livi” Quiroz Roa …
More: Spotify, TechCrunch, Engadget, Thurrott, Neowin, Axios, Digital Trends, and Phandroid
| 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 … | 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, Engadget, VentureBeat, TechRadar, Android Headlines, AppleInsider, XDA Developers, Windows Latest, Neowin, Windows Central, Thurrott, iPhone in Canada Blog, TechCrunch, and TestingCatalog. LinkedIn: Sumit Chauhan
| 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 …
More: The Information, Engadget, The Verge, Social Media Today, Meta, and ACM Conferences
| 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: SiliconANGLE, Fortune, Observer, Quartz, The Verge, Disruption Banking, and Silicon Valley Business …
| Bloomberg: |
Sources: Coatue, Alkeon Capital, General Catalyst and others have invested in Figma as part of a deal valuing it at $12.5B; Figma is delivering ARR of $700M+ — - Deal was secondary share sale with current, former employees — Other investors included Sequoia, Andreessen Horowitz, Iconiq
More: The Verge
| 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 … | 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, Forbes, Unchained, PCMag, The Hill, Reuters, Bitcoin Insider, Quartz, Digital Music News, HuffPost, Cointelegraph, Gizmodo, Mobile World Live, Business Insider, Proactive, Axios, The Independent, 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/CryptoCurrency, r/Sino, r/neoliberal, and r/politics
| 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
| 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, Silicon Republic, CCN.com, CryptoPotato, Milk Road, Cointelegraph, and CryptoSlate
| 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
| The Verge: |
How Russian design firm Art Lebedev's Optimus keyboards, with built-in OLED screens in each key, laid the foundations for Elgato's popular Stream Deck — Art Lebedev's expensive Optimus keyboards seemed like a footnote in tech blogging history until a small German company saw the potential for a new generation of content creators.
More: 9to5Toys. Threads: @jonporteruk. Mastodon: @ernie@writing.exchange. X: @tomwarren. LinkedIn: Julian Fest
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