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July 25, 2024, 10:05 AM
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Top News

Emanuel Maiberg / 404 Media:
Reddit appears to be blocking search engines that don't rely on Google's indexing; Bing, DuckDuckGo, and others are not showing recent results from Reddit  —  DuckDuckGo, Bing, Mojeek, and other search engines are not returning full Reddit results any more.
Barry Schwartz / Search Engine Land:
Microsoft says Bing stopped crawling Reddit after Reddit updated its robots.txt file on July 1
Financial Times:
The UK's FCA fines Coinbase £3.5M for providing payment services to over 13,000 “high-risk” customers, in its first enforcement action against a crypto company  —  Penalty for exchange's payments unit is first enforcement action by FCA against a crypto company
Zac Bowden / Windows Central:
Microsoft unveils Bing generative search, which shows AI-generated answers with the sources used to create them, currently available to a small subset of users  —  Bing will soon prioritize AI-generated answers alongside traditional search results.  —  When you purchase through links on our site, we may earn an affiliate commission.
Nick Robins-Early / The Guardian:
Insurer Parametrix estimates that the global outage sparked by CrowdStrike's faulty update will cost US Fortune 500 companies, excluding Microsoft, $5.4B  —  Banking and healthcare firms, major airlines expected to suffer most losses, according to insurer Parametrix
Josh Eidelson / Bloomberg:
Around 500 World of Warcraft workers vote to unionize with the CWA, bringing the number of unionized US gaming employees at Microsoft to around 1,750  —  World of Warcraft workers have voted to unionize the popular video-game franchise, expanding organized labor's new foothold at Microsoft Corp. by around 500 employees.
Akila Quinio / Financial Times:
Revolut secures a preliminary UK banking license, ending a three-year long regulatory battle; the London-based fintech has ~9M UK customers and 45M+ globally  —  London-based fintech receives approval from regulators in boost to expansion plans  —  Revolut has secured a UK banking licence …
Paul Alcorn / Tom's Hardware:
AMD delays its Zen 5 Ryzen 9000 launch, originally set for July, to August due to an unspecified quality issue, and pulls back all units shipped to replace them  —  AMD hits the brakes on its Zen 5-powered Ryzen 9000 processors.  —  AMD announced today that it has delayed its Zen 5 Ryzen 9000 launch due …
Olivia Carville / Bloomberg:
Meta removes ~63K Instagram accounts used by sextortion scammers in Nigeria, along with ~7,200 Facebook assets, including accounts linked to the Yahoo Boys  —  - Purge includes thousands of Groups offering sextortion ‘tips’  — One network of 20 criminals was running 2,500 fake accounts
Ivan Mehta / TechCrunch:
After investigating how Meta handles AI-generated explicit images, Oversight Board asks Meta to use the terminology “non-consensual” over “derogatory”, and more  —  Following investigations into how Meta handles AI-generated explicit images, the company's semi-independent observer body …
Romain Dillet / TechCrunch:
Privacy-focused developer Proton debuts a self-custody bitcoin wallet, its first cryptocurrency product, initially available to early access users  —  When you think about it, Proton has always been a crypto company — cryptography, not cryptocurrency.  But the Switzerland-based company …
Dana Hull / Bloomberg:
Elon Musk's poll asking if Tesla should invest $5B in xAI ends with 67.9% voting yes, after Musk said on Tesla's earnings call that he supported the idea  —  - CEO takes poll on whether EV maker should back his startup  — The two companies have intermingled on procurement, recruiting
Chance Miller / 9to5Mac:
Apple launches Apple Maps on the web in beta, available in English and compatible with Safari and Chrome on Mac and iPad, and Chrome and Edge on Windows PCs  —  Apple is bringing Apple Maps to the web for the first time.  In a press release today, the company announced that you can now access Apple Maps …
Shubham Sharma / VentureBeat:
Mistral announces Mistral Large 2, the new generation of its flagship model, with 123B parameters; commercial usage requires a separate license  —  The AI race is picking up pace like never before.  Following Meta's move just yesterday to launch its new open source Llama 3.1 …
Justine Calma / The Verge:
A NASA-funded study of satellite data finds traffic-related N02 pollution spiked ~20% near ~150K large US warehouses, which have proliferated due to e-commerce  —  The data is in, and it shows a significant rise in air pollution where e-retailers build their warehouses …
Jess Weatherbed / The Verge:
AltStore PAL now offers third-party iOS apps in the EU, starting with two torrenting apps, a social discovery app for dating, and a PC emulator  —  The first batch of third-party apps are making their way onto AltStore PAL, just over three months after the alternative iOS app marketplace first launched in the EU.
Omkar Godbole / CoinDesk:
DefiLlama and Wintermute: the aggregate market cap of stablecoins crossed $164B for the first time since the collapse of Terra in May 2022; USDT is at $114.26B  —  Renewed expansion in stablecoins is bullish for the broader crypto market.  — Expansion of the stablecoin market is bullish for the broader crypto ecosystem.
Kyle Wiggers / TechCrunch:
Crunchbase: in H1 2024, generative AI startups raised $500M across 198 angel/seed deals, $8.7B across 39 early-stage deals, and $3.1B across 18 late-stage deals  —  Investments in generative AI startups — those that are creating AI-powered products to generate text, audio, video and more — aren't slowing down.

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This is a Techmeme archive page. It shows how the site appeared at 10:05 AM ET, July 25, 2024.

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From Mediagazer

Jake Kanter / Deadline:
Sources: new Doctor Who episodes are likely to remain off TV until at least 2028; the BBC says it will use a competitive process to find producers for Season 16

Daniel Thomas / Financial Times:
ITV says advertising revenues from the World Cup are about 30% higher than those from Euro 2024; Telemundo says it sold out of key World Cup ad inventory

Sarah Rumpf / Mediaite:
The Washington Post faces a proposed class action lawsuit that claims the company covertly used surveillance pricing to charge loyal subscribers higher rates

More News

TechCrunch:
Google debuts new Maps features in India to help users easily navigate though flyovers and narrow roads, says it built an AI model specifically for Indian roads

Earlier Picks

Brody Ford / Bloomberg:
ServiceNow President CJ Desai leaves the company after an internal probe found he violated company policy related to a US contract and an ex-Army CIO's hiring
Bloomberg:
IBM reports Q2 revenue up 2% YoY to $15.8B, vs. $15.6B est., and says bookings for AI consulting and software have exceeded $2B since mid-2023, vs. $1B in Q1
Alex Konrad / Forbes:
Airtable launches Cobuilder, which can generate apps from text prompts and match them to relevant data and customer information already stored within Airtable
Michael Peel / Financial Times:
Researchers suggest that using “synthetic” data, created by AI systems to train LLMs, could lead to the rapid degradation of AI models and a collapse over time
Politico:
Some in Silicon Valley hope Kamala Harris could provide a chance for a reset, after years of bipartisan criticism in Washington, DC, toward Big Tech companies
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