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July 23, 2024, 5:30 PM
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memeorandum
WeSmirchTop News
| Mark Zuckerberg / Meta: |
Mark Zuckerberg argues “open source AI” is the path forward, that closed models are vulnerable to vendor lock-in, state-backed espionage, and more — In the early days of high-performance computing, the major tech companies of the day each invested heavily in developing their own closed source versions of Unix.
More: Meta, Ars Technica, The Sun, PYMNTS.com, SiliconANGLE, Investor's Business Daily, Neowin, Digital Trends, The Rundown AI, The Decoder, Yahoo Finance, SD Times, TechRepublic, and AIM
Threads: @lessin, @carnage4life, @carnage4life, @moskov, and @parkert
Mastodon: @zacchiro@mastodon.xyz and @simon@fedi.simonwillison.net
X: @aravsrinivas, @kevinbankston, @paulg, and @erikvoorhees
Forums: Hacker News, r/singularity, r/LocalLLaMA, Slashdot, and Ars OpenForum
| Bloomberg: |
Meta debuts Llama 3.1 405B, the “first frontier-level open source AI model”, as well as new Llama 3.1 70B and 8B models, and says it's working on Llama 4 — The Meta CEO defends both his open source strategy and a massive investment in artificial intelligence.
More: The Verge, Android Police, Meta, The Guardian, TechCrunch, VentureBeat, TechCrunch, Benzinga, Hugging Face, ZDNET, WhatsApp Blog, Fast Company, Social Media Today, Washington Post, CNBC, The Independent, The Information, Quartz, The Irish Times, Investopedia, About Amazon, Constellation Research, Engadget, Bloomberg, Axios, Wired, Tech Startups, and Neowin
X: @aiatmeta, @andrewyng, @mascobot, @skirano, @_akhaliq, @aiatmeta, @garymarcus, @metanewsroom, @tobi, @ahmad_al_dahle, @astonzhangaz, @ylecun, @thom_wolf, @bbgoriginals, @matthewberman, @emollick, @ramaswmysridhar, @hingeloss, @alphasignalai, @togethercompute, and @hingeloss. Facebook: Mark Zuckerberg
| The Information: |
Sources: Apple is working on a foldable, clamshell design iPhone that could launch as soon as 2026, and has reached out to component suppliers in recent months — Apple is working on a foldable iPhone that could be released as early as 2026 and in recent months reached out to suppliers …
More: Decrypt, MacRumors, Android Authority, CNET, Gizmodo, Business Standard, Livemint, Wired, MobileSyrup, Redmond Pie, New York Post, Gizmochina, 9to5Mac, GameSpot, Phandroid, Supercharged, PhoneArena, Pocket-lint, Tom's Guide, iMore, Investing.com, GSMArena.com, BGR, Cult of Mac, iPhone in Canada Blog, Business Times, and Digital Trends
Forums: r/wallstreetbets, Slashdot, and MacRumors Forums
| Alphabet: |
Alphabet Q2: revenue of $84.7B, up 14% YoY, net income of $23.6B, up 29% YoY, Search revenue of $48.5B, up from $42.6B YoY, and headcount down 1% to 179,582 — MOUNTAIN VIEW, Calif. - July 23, 2024 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended June 30, 2024.
More: The Guardian, 9to5Google, The Verge, Android Central, Quartz, Yahoo Finance, and Constellation Research
| Abner Li / 9to5Google: |
Leaked images show the upcoming “Google TV Streamer”, a set-top box with a pill-shaped design, to replace the dongle form factor, and an updated, longer remote — Back in April, we revealed that Google is working on a sequel to the Chromecast with Google TV (4K) …
More: PCMag, Android Central, ZDNET, Android Authority, Android Headlines, BGR, Android Police, iPhone in Canada Blog, Gizmodo, The Sun, The Streamable, nextpit, Tom's Guide, T3, TechRadar, Pocket-lint, AFTVnews, Stuff, Cybernews.com, Droid Life, Cord Cutters News, and What Hi-Fi?
Forums: r/Stadia, r/GeForceNOW, r/nvidiashield, r/AndroidTV, r/GooglePixel, r/Android, and r/googlehome
| CNBC: |
Israeli cybersecurity startup Wiz walks away from Google's $23B acquisition offer; Wiz CEO Assaf Rappaport tells staff that Wiz will pursue an IPO as planned — Wiz has walked away from a $23 billion deal to be acquired by Google, in what would have been the search giant's largest ever deal …
More: Wall Street Journal, SiliconANGLE, TechCrunch, CTech, Associated Press, San Francisco Business Times, CRN, Fierce Network, The Rio Times, Fortune, WinBuzzer, channelweb.co.uk, PYMNTS.com, ITPro, International Business Times, The Register, Security Boulevard, Neowin, Tech Startups, Business Times, Taipei Times, SC Media, PaymentExpert.com, BusinessLIVE, Bloomberg, Forbes, and Bloomberg
X: @alexrkonrad, @alexeheath, @alevy1511, @eastdakota, @tenreirodaniel, @mikeisaac, @mattturck, @alexrkonrad, @katie_roof, @ourielohayon, @whoiskatrin, @the_p_god, @nheudecker, @ulonnaya, @yagizsozmen, @flyosity, @austin_rief, @carnage4life, @zastocks, @kwuchu, and @rustybrick
Forums: Hacker News, r/wallstreetbets, r/cybersecurity, r/business, r/technology, and Slashdot
| Andy Greenberg / Wired: |
Dragos details a sample of Russia-linked malware used in a hack in January 2024 to target a heating utility in Lviv, Ukraine, cutting service to 600 buildings — The code, the first of its kind, was used to sabotage a heating utility in Lviv at the coldest point in the year …
More: Dragos, TechCrunch, BleepingComputer, Engadget, Cybersecurity Dive, Axios, CyberScoop, SecurityWeek, Dark Reading, The Register, Cybernews.com, and The Stack
X: @matonis and @a_greenberg
Forums: r/worldnews, r/cybersecurity, r/europe, and Slashdot
| Suzanne Smalley / The Record: |
The US FTC seeks info from Mastercard, Accenture, and six other companies related to their “surveillance pricing products” that use personal data, AI, and more — The Federal Trade Commission (FTC) announced Tuesday that it has launched an inquiry into how companies surveil consumers …
More: Federal Trade Commission, The Hill, The Register, Quartz, Payments Dive, CNBC, PCMag, and TechCrunch
X: @matthewstoller, @swiftstories, @dorajfacundo, @ftc, @owenslindsay1, and @megangra
| Danny Nelson / CoinDesk: |
dYdX says v3, an older version of its DeFi crypto exchange that is reportedly for sale and averages ~$1.5B/week in derivatives trading, “has been compromised” — News of the problem emerged just as Bloomberg reported dYdX v3 is for sale. — Decentralized crypto-exchange giant dYdX … | Todd Spangler / Variety: |
Amazon begins rolling out a new UI for Prime Video to help distinguish content included with Prime, update its navigation bar, manage subscriptions, and more — And the new UI specifically addresses something that's annoyed Prime Video users for years: Now, according to Amazon …
More: About Amazon, Thurrott, The Verge, Gizmodo, ZDNET, 9to5Google, IGN, MobileSyrup, iPhone in Canada Blog, Engadget, 9to5Mac, The Streamable, Cord Cutters News, CNET, Kotaku, Android Authority, How-To Geek, Deadline, Neowin, and PCMag. Forums: r/cordcutters
| Ashley Carman / Bloomberg: |
Spotify reports Q2 revenue up 20% YoY to €3.8B, MAUs up 14% YoY to 626M, subscribers up 12% YoY to 246M, above est., and €266M operating income; SPOT jumps 12%+ — Spotify Technology SA shares surged to their highest in more than three years on Tuesday after the Swedish audio …
More: The Hollywood Reporter, PYMNTS.com, Spotify, Variety, Axios, Neowin, Thurrott, Dexerto, Quartz, Music Ally, Reuters, and City A.M.
| Jess Weatherbed / The Verge: |
Adobe rolls out new Illustrator features like Generative Shape Fill, powered by its latest Firefly Vector model now in beta, and new and updated Photoshop tools — Adobe is introducing some new tools and generative AI features to its Illustrator and Photoshop design software that aim to help speed up creative workflows.| Mariella Moon / Engadget: |
Meta plans to roll out its AI assistant to the Quest in August, limited to US and Canada users in experimental mode, after debuting on the Ray-Ban smart glasses — The experimental version of the AI assistant will make its way to Quest headsets in August. — Meta's AI-powered assistant …
More: Meta, Road to VR, PhoneArena, Pocket-lint, UploadVR, and MIXED Reality News
| Chris Morris / Fortune: |
Netflix last week reported it is developing 80 games, most “interactive narrative games” based on its IP, and will debut one a month; Netflix offers 100+ games — Netflix could be on its way to becoming one of the most prolific video game publishers in the industry.| Brian Merchant / Wired: |
A staffer at Activision Blizzard, which had layoffs in 2024 affecting many 2D artists, says some remaining artists were “forced to use AI to aid in their work” — A WIRED investigation finds that major players like Activision Blizzard, which recently laid off scores of workers, are using generative AI for game development.| Stephanie Palazzolo / The Information: |
Source: OpenAI has reassigned Aleksander Mądry, the head of its Preparedness AI safety team, to a role within its research organization focusing on reasoning — OpenAI has reassigned the executive in charge of ensuring that its artificial intelligence won't harm society … | Ivan Mehta / TechCrunch: |
Posh, an iOS app that offers a TikTok-like vertical feed of events, raised a $22M Series A, taking its total funding to $31M, and claims 2M registered users — Platforms like TikTok and Spotify have experimented with events on their platforms. But rather than concentrating on concerts …
More: Business Insider and Forbes
| Chris Welch / The Verge: |
Daniel Ek says Spotify is working on a deluxe Spotify tier, around a $17-$18 price point, that has “a lot more control, a lot higher quality across the board” — The saga of Spotify HiFi has many twists and turns. First announced over three years ago, the music service's higher …
More: TechCrunch, TechHive, 9to5Mac, Android Authority, Android Police, Digital Trends, Notebookcheck, and TechRadar
| Dana Mattioli / Wall Street Journal: |
Sources: Amazon lost $25B+ on its devices business between 2017 and 2021, and its plan to sell hardware at a lower price and make money elsewhere hasn't worked — Amazon.com's Echo speakers are the type of business success companies don't want: a widely purchased product that is also a giant money loser.| Kyle Wiggers / TechCrunch: |
Harvey, which is building an AI-powered “copilot” for lawyers, raised a $100M Series C led by GV that values it at $1.5B and brings its total funding to $206M — Harvey, a startup building what it describes as an AI-powered “copilot” for lawyers, has raised $100 million …
More: Harvey
| Financial Times: |
Meta VP Rob Sherman confirms a report that Meta received an EU request to pause future AI model training on data in the EU, and says the EU may get left behind — Comments come after privacy watchdog asks Facebook owner to pause training of future AI models on region's data| Benjamin S. Weiss / Courthouse News Service: |
US Senate Majority Leader Chuck Schumer says the Senate will take up the Kids Online Safety Act this week, signaling there's enough support among his colleagues — The Kids Online Safety Act would force tech companies to enable the highest possible privacy settings for minor users …
More: Associated Press, Axios, The Hill, Washington Times, Politico, New York Post, Punchbowl News, and StartupNews.fyi
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