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Techmeme
July 19, 2024, 1:40 AM
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Top News

Simon Willison / Simon Willison's Weblog:
GPT-4o mini costs $0.15 per 1M input tokens and $0.60 per 1M output tokens, prices lower than those of Claude 3 Haiku and Gemini 1.5 Flash  —  GPT-4o mini.  I've been complaining about how under-powered GPT 3.5 is for the price for a while now (I made fun of it in a keynote a few weeks ago).
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.
Lillian Rizzo / CNBC:
Netflix reports Q2 revenue up 16.8% YoY to $9.56B, vs. $9.53B est., paid memberships up 16.5% YoY to 277.65M, vs. 274.4M est., net income up 44% YoY to $2.15B  —  Netflix reported earnings after the bell.  Here are the results.  — Earnings per share: $4.88 vs $4.74 per share expected by LSEG
Lucas Manfredi / The Wrap:
Netflix says its ad tier now accounts for over 45% of all signups in the markets where it's available, and ad tier memberships grew 34% QoQ in Q2
Emma Roth / The Verge:
Google, OpenAI, Microsoft, Nvidia, and others form the Coalition for Secure AI to share best practices and open-source methodologies for secure AI deployment  —  Google, OpenAI, Microsoft, Amazon, Nvidia, Intel, and other big names in AI are coming together to form the Coalition for Secure AI …
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
Abner Li / 9to5Google:
Google says its goo.gl URL shortener links will stop working after August 25, 2025, after it stopped generating new goo.gl URLs in March 2019  —  After Google stopped generating new goo.gl URLs in March of 2019, those links will stop working on August 25, 2025.
Shashank Pathak / Entrackr:
Google cuts the Maps API pricing for Indian devs by ~70% and starts accepting payments in Indian rupee, after Ola unveiled one-year free dev access to Ola Maps  —  Google has slashed the pricing of Google Maps platform for developers in India by as much as 70% from August 1 as the company …
Jay Peters / The Verge:
Xbox says an outage is affecting the Xbox Store and subscriptions, and it is investigating the cause; the outage has been going on since at least 6:57PM ET  —  If you're trying to play online games on your Xbox Series X / S, Xbox One, or even Xbox 360 right now, you might be running into some issues …
The Information:
Sources: OpenAI has talked to chip designers including Broadcom about developing an AI server chip and hired former members of a Google unit that produces TPUs  —  Last year, as the world's top artificial intelligence developers were racing to speed up their work using ever-bigger clusters of computers …
Tim Starks / CyberScoop:
A US judge dismisses most of a SEC lawsuit accusing SolarWinds of misleading investors by failing to disclose cybersecurity failures in its Orion software  —  The groundbreaking lawsuit's claims about inadequate disclosures related to the historic Sunburst attack were thrown out Thursday.
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.
The Information:
An ex-Reality Labs manager says Meta asked the unit to cut spending by ~20% from 2024 to 2026; Meta plans two Quest 4 versions in 2026 and a Quest Pro 2 in 2027  —  Meta Platforms CEO Mark Zuckerberg has canceled the blank check he once reserved for his augmented reality and virtual reality teams.
Emma Roth / The Verge:
Apple is launching new immersive video content for the Vision Pro over the next few months, including content from The Weeknd and the 2024 NBA All-Star Weekend  —  Apple is launching new “immersive” video content for the Vision Pro over the next few months, including one from The Weeknd …
Bloomberg:
Sources: Cellebrite gave the FBI unreleased tech to access the Trump shooter's phone, a “newer Samsung model”, after the FBI's first attempt to crack it failed  —  - Initial attempt to access newer Samsung model didn't work  — Cellebrite sent FBI technical support, unreleased software

Sponsor Posts

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Copilot to autopilot: Why no single safeguard is enough  —  Microsoft designed a layered model that lets an AI agent resolve network incidents on its own within defined boundaries.
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The best sales leaders aren't job hunting.  Here's how to reach them without months of cold outreach.  —  Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
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This is a Techmeme archive page. It shows how the site appeared at 1:40 AM ET, July 19, 2024.

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From Mediagazer

Ted Johnson / Deadline:
FCC Chairman Brendan Carr warns broadcasters not to air “fake polls” or “suppression polls”, once again threatening regulatory action for news content

Owen Lewis / Defector:
Spotify-owned outlet The Ringer moves newsletters by some of its most popular staff to Substack; Spotify declines to explain the strategy behind the move

Charlotte Tobitt / Press Gazette:
How The Sun made video the “anchor of the newsroom”, expanding its video team from 25 to 80 staffers within a year and publishing two to three videos daily

More News

Nick Baker / CoinDesk:
Messari CEO Ryan Selkis says he ran “too hot” with X posts this week calling for war and sending immigrants back, after Messari leadership told him to cool it
Bloomberg:
Block's Cash App plans to close its UK operations on September 15, after launching in 2018, as the company “deprioritizes global expansion” to focus on the US

Earlier Picks

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
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
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
Financial Times:
Sources: Meta is exploring a multibillion-euro investment in eyewear group EssilorLuxottica, which makes the Ray-Ban Meta glasses, to expand their partnership
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
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