Open Links In New Tab
Mobile Archives Advertise Site News
Techmeme
August 8, 2024, 2:15 AM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter

Top News

Chris Dolmetsch / Bloomberg:
A US judge orders Ripple to pay a $125M penalty for selling XRP to institutional investors, well below the ~$2B the SEC had sought in the case; XRP jumps 20%+  —  - Regulator had sought almost $2 billion in fines, penalties  — Ripple token XRP surges on court ruling but is flat this year
Nicholas Sutrich / Android Central:
Meta closes Ready at Dawn Studios, which it acquired in 2020 and produced VR games like Lone Echo and Echo VR, to meet the new Reality Labs budgetary ceiling  —  Echo VR developer Ready at Dawn Studios is now closed for business.  —  Updated 8/17 at 5:19pm ET: The information Android Central …
Kylie Robison / The Verge:
Sources: Humane's Ai Pin and accessories have brought in $9M+ in sales and $1M+ worth of product has been returned; ~7,000 Ai Pins are still in customers' hands  —  Shortly after Humane released its $699 AI Pin in April, the returns started flowing in.
RTÉ:
Ireland's DPC launches High Court proceedings against X over concerns about the company's use of user data in the EU and EEA to train AI systems including Grok  —  The Data Protection Commission has launched High Court proceedings against Twitter International Unlimited Company over concerns …
Thomas Brewster / Forbes:
Researchers: hackers have used an 18-year-old flaw in how Safari, Chrome, and Firefox on macOS handle queries to a 0.0.0.0 IP address to breach private networks  —  Weaknesses in Chrome, Firefox and Safari gave hackers a route into internal networks, even those protected by firewalls, security researchers warn.
Lily Hay Newman / Wired:
A researcher details a Windows Update vulnerability that could be exploited to downgrade key components of Windows to older versions that contain known flaws  —  A researcher found a vulnerability that would let hackers strategically downgrade a target's Windows version to reexpose patched vulnerabilities.
Financial Times:
UK officials say X has been less responsive to removing disinformation than Google, Meta, and TikTok, as Elon Musk launches a series of jibes at PM Keir Starmer  —  Social media site owner Elon Musk has also been posting jibes at UK Prime Minister Keir Starmer
Natasha Lomas / TechCrunch:
Ofcom publishes an open letter to social media platforms raising concerns about the use of their tools to incite violence, following days of rioting in the UK
Lauren Feiner / The Verge:
A group of VCs, including Reid Hoffman and Ron Conway, hosted a “VCs for Kamala” Zoom call to support Harris' campaign with up to 600 attendees, raising $150K  —  It started with a “rage tweet.”  —  “Gonna start ‘VCs for Democracy,’” Leslie Feinzaig, founder and general partner at Graham & Walker, wrote on X in late July.
Bill Peters / MarketWatch:
Robinhood reports Q2 revenue up 40% YoY to $682M, vs. $640M est., crypto transaction revenue up 161% to $81M, and net income of $188M, up from $25M in Q2 2023  —  Cryptocurrencies revenue up 161% in second quarter, while equities revenue rises 60%  —  Robinhood Markets Inc. reported second …
Türkiye Today:
Turkey bans Roblox, after blocking Instagram on August 2; a Turkish official said the ban was primarily related to sexual content that could lead to child abuse  —  Roblox, the widely popular online gaming platform, is banned in Türkiye on Wednesday, a move that comes in the wake of a nationwide block on Instagram.
Sarah Perez / TechCrunch:
Meta says Facebook creators who violate Community Standards for the first time will be given the option to take a training course to remove their warning  —  Facebook creators are being given a new option that will help them avoid jail — “Facebook jail,” that is — upon their first violation, and at various times after.
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.
Todd Spangler / Variety:
Disney reports Q3 revenue up 4% YoY to $23.2B and its streaming business turned a profit, a first, with a $47M operating income, vs. a $512M loss in Q3 2023

Sponsor Posts

ElevenLabs:
ElevenAgents by ElevenLabs  —  You know us for voice.  Now meet ElevenAgents — featuring Expressive Mode, our most human-sounding AI voice technology in 70+ languages with ultra-low latency.  Hear it for yourself.
Intel:
5G's most deployed platform  —  Powering live networks with built-in Inference across Core and RAN.  That's the power of Intel Inside®
Zoho:
How Zoho Workplace makes your Zoho CRM lighter  —  If you use Zoho CRM daily, you already know it's powerful.  It handles pipeline management, forecasting, automation, reporting, and everything that makes …
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.
Sponsor Techmeme

Featured Podcasts

Uncapped with Jack Altman:
 Ron Conway from SV Angel
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
Channels with Peter Kafka:
 Why Prediction Markets Are Turning Everything Into a Bet
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.
Cheeky Pint:
 The 20-year journey to fully autonomous cars with Dmitri Dolgov of Waymo
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
Invest Like the Best:
 Mitchell Green - Lessons from Cold Calling 10,000 Companies
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Grit:
 The Silicon Valley Insider In The Pentagon | DoW Emil Michael
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Tools and Weapons with Brad Smith:
 Everybody Goes Home: How technology is helping prevent wildfires from spreading
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
Add your podcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:15 AM ET, August 8, 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.

From Mediagazer

Oliver Darcy / Status:
Six months into Bari Weiss' CBS News overhaul, ratings data shows its flagship TV programs are losing viewers at a steep rate, while ABC and NBC post gains

Ella Chakarian / Rolling Stone:
A look at the growing deepfake problem for creators, how Vermillio and Kanary help them respond, and how likeness rights can create additional revenue streams

Axios:
Joe Scarborough and Mika Brzezinski say they have re-signed their Morning Joe contracts with MS NOW through the end of 2029, as their show enters its 20th year

More News

Patrick Clark / Bloomberg:
Zillow names COO Jeremy Wacksman as CEO, replacing Rich Barton, who is stepping down to become co-executive chair; Zillow reported Q2 earnings topping estimates
Etan Vlessing / The Hollywood Reporter:
Roku plans to launch a free, ad-supported 24/7 sports channel on August 12, with live Sunday MLB games, Originals, and more on its devices, apps, and website
The Information:
Sources: Opal, previously Opal Camera, which makes $300 webcams, raised a $60M Series B led by OpenAI Startup Fund and plans to make new OpenAI-powered devices

Earlier Picks

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
Spencer Soper / Bloomberg:
Shopify reports Q2 revenue up 21% YoY to $2.05B, vs. $2B est., Gross Merchandise Volume up 22% to $67.2B, and gross profit up 25% to $1B; SHOP closes up 17.8%
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
Natalie Lung / Bloomberg:
Lyft reports Q2 revenue up 41% YoY to $1.4B, Gross Bookings up 17% to $4.02B, vs. $4.07B est., and projects Q3 Gross Bookings below est.; LYFT closes down 17.2%
Sara Fischer / Axios:
X sues the World Federation of Advertisers, GARM, and GARM members CVS Health, Mars, Orsted, and Unilever over what Linda Yaccarino calls an “illegal boycott”
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter