Techmeme
July 17, 2024, 9:00 PM

Top 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.
Vitalik Buterin:
People in crypto should not choose political allegiances based on who claims to be “pro-crypto”, as such politicians might go against crypto's underlying goals  —  Over the last couple of years, “crypto” has become an increasingly important topic in political policy …
Marina Temkin / TechCrunch:
The Information:
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
CNBC:
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.
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.
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
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) …
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 …
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
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 …

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Zoho:
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Featured Podcasts

Big Technology Podcast:
Is AI Killing Software? — With Bret Taylor
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Channels with Peter Kafka:
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Acquired:
The NFL (2026 Update)
Learn the playbooks that built the world's greatest companies - and how you can apply them as a founder, operator, or investor.
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The Talk Show With John Gruber:
'A Mitigated Disaster', With Daniel Jalkut
The director's commentary track for Daring Fireball. Long digressions on Apple, technology, design, movies, and more.
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Grit:
The Safest Dollar on the Internet | Circle CEO Jeremy Allaire
Grit explores what it takes to create, build and scale world-class organizations.
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Special Edition: Key findings from the Microsoft AI Diffusion Report
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

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Earlier Picks

Bloomberg:
Emilia David / VentureBeat:
Laura Waxmann / San Francisco Chronicle:
Akash Sriram / Reuters: