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July 31, 2024, 2:20 PM
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| New York Times: |
Reid Hoffman, Vinod Khosla, Mark Cuban, Ron Conway, Chris Sacca, and 100+ other VCs pledge to vote for Kamala Harris and solicit donations for her campaign — The group, including Democratic donors such as Reid Hoffman and Vinod Khosla, has been organized under an effort called VCsForKamala.
More: VCs for Kamala, TechCrunch, The Verge, GeekWire, The Information, The Hill, and CNBC
Threads: @amclaughlin, @moskov, @moskov, @moskov, @motorcityadam, @hunterwalk, @timisenman, @theromit, and @anildash
| CNBC: |
Delta Air Lines CEO Ed Bastian says the CrowdStrike-caused outage will cost the company $500M, after canceling 6,000+ flights, and Delta will seek damages — WATCH NOW — Delta Air Lines CEO Ed Bastian said Wednesday that the massive IT outage earlier this month that stranded thousands of customers will cost it $500 million.
More: CNBC, NPR, CRN, San Francisco Business Times, PYMNTS.com, Associated Press, Windows Central, Quartz, Bloomberg, New York Post, NBC News, Financial Times, Wall Street Journal, and MSPoweruser
Forums: Hacker News and r/wallstreetbets
| Karen Freifeld / Reuters: |
Sources: the US plans to unveil a new rule next month to stop chipmaking equipment exports from some countries to China, exempting allies like the Netherlands — The Biden administration plans to unveil a new rule next month that will expand U.S. powers to stop exports of semiconductor …
More: Bloomberg, The Register, Tom's Hardware, Quartz, CCN.com, Benzinga, Forbes, CNBC, and WinBuzzer
| Sergiu Gatlan / BleepingComputer: |
Microsoft says that a nine-hour outage on July 30, which disrupted multiple Microsoft 365 and Azure services worldwide, was triggered by a DDoS attack — Microsoft confirmed today that a nine-hour outage on Tuesday that took down and disrupted multiple Microsoft 365 and Azure services worldwide …
More: ZDNET, Daily Mail, The Sun, The Independent, azure.status.microsoft, Associated Press, Cybersecurity Dive, CRN, PCMag, PCWorld, Forbes, Windows Central, The Stack, Channel Futures, SC Media, The Register, Silicon Republic, DoublePulsar, CCN.com, TechRadar, SecurityWeek, Petri IT Knowledgebase, and Help Net Security. LinkedIn: Peter Girnus
| Jess Weatherbed / The Verge: |
Google rolls out online safety features to make removing explicit deepfakes from Search at scale easier and to prevent them from appearing high up in results — Google is rolling out new online safety features that make it easier to remove explicit deepfakes from Search at scale and prevent … | Bill Toulas / BleepingComputer: |
Zimperium: a massive SMS stealer campaign has targeted Android devices worldwide using Telegram bots to infect devices in 113 countries since February 2022 — A malicious campaign targeting Android devices worldwide utilizes thousands of Telegram bots to infect devices with SMS-stealing malware …
More: Zimperium, Dark Reading, Hackread, SecurityWeek, SC Media, SiliconANGLE, Tech Monitor, and The Hacker News
| Alex Heath / The Verge: |
After users reported that Meta's generative AI assistant incorrectly claimed the attempted Donald Trump assassination did not happen, Meta blames hallucinations — Meta's AI assistant incorrectly said that the recent attempted assassination of former President Donald Trump didn't happen … | The Information: |
More: London Evening Standard, The Verge, Spyglass, WinBuzzer, and Cybernews.com
Threads: @xzed87 and @daveleebbg
X: @bradybrendan1, @brettdash_, @ttp_updates, @rachelmetz, @walthickey, @tim_bays, @kyurieff, and @amir
| Emma Roth / The Verge: |
District of Columbia AG Brian Schwalb sues StubHub, alleging the company uses “deceptive, manipulative, and unfair practices” to advertise event fees to users — StubHub is facing a new lawsuit that accuses the ticketing service of hiding fees from customers until the very end of the purchasing process.| Billy Steele / Engadget: |
Spotify plans to expand the availability of lyrics for Spotify Free users in the “coming weeks”; paid subscribers could access unlimited lyrics since May 2024 — The company capped access at three songs per month in May. — Spotify users who don't pay for a subscription …
More: Android Authority, TechHive, How-To Geek, 9to5Mac, 9to5Google, Android Police, iPhone in Canada Blog, TechCrunch, TechRadar, Digital Music News, Thurrott, Billboard, Neowin, and Music Ally
Forums: r/Piracy and r/truespotify
| Steve Smith / SlashGear: |
Samsung Galaxy Watch Ultra review: premium materials and build quality, and powerful Exynos processor, but too expensive, large, bulky, and only one size — - Premium materials and build quality - Significantly improved GPS tracking - New powerful Exynos processor - Excellent activity and sleep tracking| New York Times: |
Chinese regulators propose taking over online identity verification from companies to give people a single internet ID, citing privacy and online fraud — The government said the proposal would protect online privacy. Critics said it could further concentrate government control over the internet.| Andrew Liszewski / The Verge: |
Nothing unveils the Phone 2A Plus, offering the same 6.7-inch display as the 2A and a new MediaTek Dimensity 7350 Pro 5G SoC, available for $399 on August 7 — Plus is often used in smartphone naming to delineate a larger model with a bigger screen, but that's not the case here.
More: 9to5Google, Wired, Moneycontrol, HotHardware, ZDNET, Lifewire, 9to5Google, Gizmochina, TechRadar, Tom's Guide, Business Today, Gizchina.com, Livemint, CNET, Engadget, GSMArena.com, and Pocket-lint. Forums: r/gadgets
| Jason Del Rey / Fortune: |
Interviews with 24 current and former Amazon staff say Jeff Bezos' Amazon Way principles remain core under Andy Jassy but are now less universally agreed upon — When Amazon ordered most workers back to the office three days a week in February 2023, Pamela Hayter was not happy about the end of a popular pandemic-era arrangement.
Forums: Hacker News
| Haleluya Hadero / Associated Press: |
Etsy plans to launch Etsy Insider, its first loyalty program, in September 2024 to boost sales; CEO Raina Moskowitz says it will cost about the price of a latte — Etsy said Wednesday it will begin testing its first-ever loyalty program in September, a move designed to boost …
More: The Etsy Community, Engadget, Gizmodo, and Etsy News
| Mark Bergen / Bloomberg: |
Milan-based mobile app developer Bending Spoons acquires Dutch file-sharing service WeTransfer, which backed out of an IPO in 2022, without disclosing terms — - European app developer has bought Evernote and pursued Vimeo — Dutch firm WeTransfer pulled out of a potential IPO in 2022| Salvador Rodriguez / Wall Street Journal: |
An investigation finds 450+ illicit drug ads on Facebook and Instagram from March to June 2024, some showing pill piles or cocaine bricks; Meta removed the ads — Instagram and Facebook, already under federal investigation, continue to run ads for illegal drugs, including ads showing piles of pills and bricks of cocaine
More: Benzinga and Tech Transparency Project
| Aaron Holmes / The Information: |
Source: TikTok was paying Microsoft ~$20M/mo. to use OpenAI's models in Azure OpenAI Service as of March, ~25% of the total revenue that service was generating — Microsoft has had success reselling OpenAI's artificial intelligence to its cloud customers, a core part of its plan to build a new multibillion-dollar profit machine.
More: DatacenterDynamics, Quartz, and Invezz
| Bloomberg: |
Sources: Intel may unveil plans as early as this week to cut thousands of jobs to reduce costs and fund a rebound from an earnings slump and market share losses — - CEO Gelsinger embarks on ambitious effort to regain share — Chipmaker is spending on research, development and new plants
More: Columbus Business Journal, PCMag, Gizmodo, Fierce Electronics, TechRadar, DatacenterDynamics, Silicon Valley Business …, Yahoo Finance, Benzinga, TheJournal.ie, TechSpot, Computing, Club386, Tom's Hardware, 24/7 Wall St., Guru3D, TweakTown, Globes Online, Silicon UK, Reuters, SiliconANGLE, and Willamette Week
X: @pkedrosky, @pkedrosky, @pkedrosky, and @mackhawk
Forums: r/hardware, r/antiwork, r/anime_titties, r/technology, r/StockMarket, and r/wallstreetbets
| Sheila Chiang / CNBC: |
Samsung reports Q2 revenue up 23.42% YoY to ~$53.45B, vs. ~$53.3B est., and operating profit up 1,458% YoY to ~$7.5B, as AI memory chip demand remains strong — Samsung Electronics on Wednesday reported higher-than-expected second-quarter revenue and operating profit, as demand …
More: Samsung Newsroom, Forbes, The Register, Tech Monitor, Cryptopolitan, Silicon Republic, SamMobile, Samsung, Light Reading, Yonhap News Agency, Android Headlines, Tech Xplore, TweakTown, Sammy Fans, Business Standard, South China Morning Post, Agence France-Presse, Nikkei Asia, Bloomberg, KED Global, Wall Street Journal, Bloomberg, and Reuters
| CNBC: |
Nvidia shares jump 10%+ after Microsoft and AMD signaled no slowdown in the buildout of AI servers built around GPUs; Microsoft spent $19B on capex in Q4 — Nvidia shares popped more than 11% Wednesday after remarks from top customer Microsoft and rival chipmaker AMD signaled no slowdown … | Kif Leswing / CNBC: |
AMD reports Q2 revenue up 9% YoY to $5.84B, vs. $5.72B est., Data Center revenue up 115% to $2.8B, net income up 881% to $265M, Q3 revenue forecast above est. — Advanced Micro Devices reported second-quarter earnings on Tuesday that beat Wall Street expectations for revenue and showed continued growth … | Sean Hollister / The Verge: |
More: Benzinga, DatacenterDynamics, Seeking Alpha, ExtremeTech, HotHardware, PC Gamer, The Stack, CRN, and The Register
X: @thetranscript_ and @edludlow
| Tom Warren / The Verge: |
Microsoft Q4: Windows OEM revenue up 4% YoY, devices revenue down 11% YoY, overall gaming revenue up 44% YoY, and Xbox content and services revenue up 61% YoY — Microsoft just posted the fourth and final quarter of its 2024 fiscal financial results. The software maker made $64.7 billion …
More: Thurrott, Pure Xbox, WinBuzzer, and Constellation Research
| Microsoft: |
More: Yahoo Finance, The Motley Fool, Neowin, HPCwire, TechRadar, Pure Xbox, Fast Company, Search Engine Roundtable, Axios, Quartz, Windows Central, Neowin, and CNBC
Mastodon: @GossiTheDog@cyberplace.social. X: @jaminball, @ashtom, @benbajarin, @modestproposal1, @thetranscript_, @jaminball, @ericjhonsa, @munster_gene, @munster_gene, @munster_gene, @ericjackson, and @stephanie_link. LinkedIn: Emil Protalinski. Forums: Hacker News
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