Techmeme
August 7, 2024, 12:20 PM

Top News

Todd Spangler / Variety:
Disney reports Q3 revenue up 4% YoY to $23.2B and a $47M streaming business operating income, a first, vs. and a $512M loss in Q3 2023  —  Company warns weak theme park demand could extend into the ‘next few quarters’ … That said, there were some mixed emotions: Operating profit …
Emma Roth / The Verge:
Disney CEO Bob Iger says the company's password sharing crackdown will kick off “in earnest” in September, after announcing paid sharing in February 2024  —  Disney Plus will soon no longer let you share your password with people outside your household.
Financial Times:
Tom Warren / The Verge:
AMD says its flagship Ryzen 9 9950X with 16 cores will launch on August 15 for $649, or $50 less than the Ryzen 9 7950X, and other new CPUs are $20-$50 cheaper  —  AMD has finally revealed the launch prices for its new range of Ryzen 9000 desktop CPUs, and it's pricing them slightly lower than the Ryzen 7000 launch prices.
Lauren Forristal / TechCrunch:
Reddit says it plans to test AI-powered search result pages to “summarize and recommend content” later in 2024, powered by first-party and third-party tech  —  Reddit users will soon see AI-generated summaries at the top of search results.  —  Reddit CFO Drew Vollero told investors during …
Jonathan Vanian / CNBC:
Jessica Lyons / The Register:
CrowdStrike shares a root cause analysis of the July 19 outage, and says it hired two third-party security firms to review its Falcon threat-detection suite  —  And reveals the small mistake that bricked 8.5M Windows boxes  —  CrowdStrike has hired two outside security firms to review …
CNBC:
Michelle Pokrass / OpenAI:
OpenAI adds Structure Outputs, a feature to ensure model-generated outputs match JSON Schemas, to its API and offers lower pricing for new GPT-4o model versions  —  We are introducing Structured Outputs in the API—model outputs now reliably adhere to developer-supplied JSON Schemas.
Ryan Browne / CNBC:
Sony reports Q1 revenue up 2% YoY to ~$20.5B, vs. ~$19.31B est., operating profit up 10% YoY to ~$1.92B, vs. $1.89B est., and 2.4M PS5 units sold, down 27% YoY  —  Sony on Wednesday reported a 10% jump in operating profit in the fiscal first quarter, beating analyst expectations …
Max A. Cherney / Reuters:
Sources: in 2017 and 2018, Intel and OpenAI executives discussed Intel buying a 15% stake for $1B in cash, but CEO Bob Swan did not go forward with the deal  —  For U.S. chip giant Intel, the darling of the computer age before it fell on harder times in the AI era, things might have been quite different.
The Verge:
Natalie Lung / Bloomberg:

Sponsor Posts

Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning  —  SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds.  Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cloudflare:
Cloudflare Connect 2026: The Agentic Conference  —  Stop preparing for agents.  Start running them.  100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Zoho:
Pro Tips: 4 tips to overcome data problems in your CRM  —  Most CRM data problems don't look like problems.  At a glance, your CRM looks fine: records exist, fields are filled, and reports run.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Lenny's Podcast:
The grief, loneliness, and burnout sweeping through the tech industry right now | Molly Graham
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.
Big Technology Podcast:
Meta's Muse Revival, Frontier AI Under Threat, The Rise Of Dopamine Sites
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.
Sources:
Satya Nadella on Microsoft's agent bet and AI's trust problem
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
Channels with Peter Kafka:
Meta's New $1300 Glasses and the Fight to Control AI
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Great Chat:
Doomers at Dreamforce
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.
Invest Like the Best:
Gabe Stengel - Building Investing Superintelligence
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:20 PM ET, August 7, 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

Annie Palmer / CNBC:
Fei-Fei Li / Fortune:
Sara Fischer / Axios:
More: Financial Times, New York Times, Platformer, The Verge, TechCrunch, PCMag, Ars Technica, Rumble, Music Ally, BBC, PhoneArena, WinBuzzer, TechSpot, KnowTechie, Proactive, Pirate Wires, TweakTown, Neowin, SiliconANGLE, The Hollywood Reporter, Android Headlines, Adweek, The Verge, Engadget, Business Insider, MobileSyrup, The Independent, Bloomberg, Wired, Quartz, Reuters, Thurrott, The Information, Financial Times, Digiday, and Ad Age