Techmeme
July 18, 2024, 1:25 PM

Top News

Shaurya Malwa / CoinDesk:
Indian crypto exchange WazirX says one of its multisig wallets “experienced a security breach” after $230M+ in withdrawals; WazirX had $500M in holdings in June  —  One of the exchange's multisig wallets experienced a security breach, the exchange confirmed in an X post.
Elliptic:
Analysis: the North Korea-linked WazirX hackers took 200+ different assets, including $96.7M of Shiba Inu, $52.6M of Ether, $11M of Matic, and $7.6M of Pepe  —  Earlier today, Indian exchange WazirX suffered a major hack and a resulting loss of funds due to a suspected hack:
Bloomberg:
Sources: Apple has spoken to many of the largest Hollywood studios about acquiring more programming from their libraries to offer customers in the US and abroad  —  - Apple TV+ has relied on original series like ‘Ted Lasso’ … The iPhone maker has spoken to several of the largest studios …
Financial Times:
Sources: Meta has explored a multibillion-euro investment in eyewear group EssilorLuxottica, which makes the Ray-Ban Meta glasses, to expand its partnership  —  Facebook owner considers multibillion investment in European eyewear group to expand smart glasses partnership
Hayden Field / CNBC:
OpenAI launches GPT-4o mini, a smaller, cheaper offshoot of GPT-4o, replacing GPT-3.5 Turbo, with support for all multimodal inputs and outputs coming soon  —  OpenAI on Thursday launched a new AI model, “GPT-4o mini,” the artificial intelligence startup's latest effort to expand use of its popular chatbot.
Michael Nuñez / VentureBeat:
Nvidia and Mistral release Mistral NeMo, a 12B-parameter language model with a 128K-token context window, available under the Apache 2.0 open-source license  —  Nvidia and French startup Mistral AI jointly announced today the release of a new language model designed to bring powerful AI capabilities directly to business desktops.
Joseph Cox / 404 Media:
Leaked documents: Cellebrite couldn't forcibly unlock an iPhone running iOS 17.4 or newer as of April 2024; most of the listed Android devices could be unlocked  —  Cellebrite, the well-known mobile forensics company, was unable to unlock a sizable chunk of modern iPhones available on the market …
Ina Fried / Axios:
Ryan Dinsdale / IGN:
Nintendo unveils a Joy-Con charging stand for the Switch, over seven years after launching the console, available on October 17, but doesn't announce a price  —  Better late than never.  —  Nintendo has announced an official Joy-Con charging stand for the Nintendo Switch …
Sheila Chiang / CNBC:
TSMC reports Q2 revenue up 40.1% YoY to ~$20.82B and net income up 36.3% YoY to ~$7.62B, both above estimates, as advanced AI chip demand continues to surge  —  Taiwan Semiconductor Manufacturing Company on Thursday beat revenue and profit expectations in the second quarter …
New York Times:
How Spain relies on the VioGén algorithm to score the likelihood of recurring domestic violence and decide protection measures, with at times fatal consequences  —  Spain has become reliant on an algorithm to score how likely a domestic violence victim is to be abused again …
Mathieu Pollet / Politico:
Microsoft reaches a settlement with French cloud service OVHcloud in which OVHcloud will drop its March 2022 antitrust complaint to EU regulators  —  With a second cloud pact in weeks, Microsoft has definitely mitigated the threat of an EU probe — for now.
More: Computing
Cagan Koc / Bloomberg:
China has been ASML's biggest market for four quarters in a row; China sales rose 21% YoY to €2.3B in Q2 2024 and accounted for 49% of ASML's Q1 and Q2 sales  —  - China has been ASML's biggest market for last four quarters  — US is mulling new measures to block China access to chip tech
Arjun Kharpal / CNBC:
CNBC:
Spencer Soper / Bloomberg:
Adobe: US shoppers spent $14.2B during Amazon's 48-hour Prime Day sale, up 11% YoY and in line with estimates; Numerator: the average household spent about $152  —  - Discounts on electronics, small appliances drove spending  — Amazon sale prompts rival retailers to offer their own deals

Sponsor Posts

Google:
Generate videos with Veo 3 in Google Gemini  —  Create high-quality, 8-second videos with Veo 3, our state-of-the-art AI video generator.  Try it with a Google AI Pro plan or get the highest access with the Ultra plan.
Warp:
The #1 Coding Agent  —  #1 on Terminal-Bench.  71% on SWE-bench Verified.  Trusted by 600K+ devs.  Try the top agentic dev tool for $1 for 1st month with code TECHMEME.
Zoho:
Tuning response time psychology with an integrated solution  —  This is a guest post by Sharath Joji, Content Marketing Lead at Office24by7.Indecision and delays are often considered the parents of failure, and nowhere is this more true than in sales.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Tech Brew Ride Home:
Now Meta Has Frozen AI Hiring
Tech news headlines every day. 15 minutes and you're up to date. From Tech Brew, Morning Brew's tech hub.
Subscribe to Tech Brew Ride Home.
Decoder with Nilay Patel:
Amazon is betting on agents to win the AI race
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Lenny's Podcast:
How Intercom rose from the ashes by betting everything on AI | Eoghan McCabe (founder and CEO)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Great Chat:
Is AI a job killer or job creator?
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Spotlight On:
Figma IPO, GPT-5, and a Q+A with Kerry Wang
A podcast from Accel about how companies are built, from the people doing the building.
Subscribe to Spotlight On.
Big Technology Podcast:
Inside Google's Generative AI Reinvention -- With Nick Fox and Liz Reid
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:25 PM ET, July 18, 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.

More News

Earlier Picks

Chance Miller / 9to5Mac:
Vitalik Buterin:
Jess Weatherbed / The Verge:
Carl Franzen / VentureBeat:
Tom Warren / The Verge: