| 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” — Members include major tech companies, advertisers, agencies, ad tech firms and advertising coalitions.| Chris Welch / The Verge: |
Google unveils the $100 Google TV Streamer, with better performance than Chromecast with Google TV, Thread and Matter support, and more, shipping September 24 — Google isn't waiting for its upcoming hardware event to announce the Chromecast's successor. Alongside the new, sleeker Nest Thermostat … | Jennifer Pattison Tuohy / The Verge: |
Google unveils Gemini-based features for Google Home, coming later in 2024: descriptive captions for Nest camera videos, a smarter Assistant for Nest, and more — Amazon has already announced its plans for a smarter Alexa to power your home. Now, it's Google's turn to promise that it can produce a better … | Abner Li / 9to5Google: |
| CNBC: |
Microsoft says Delta, which said it had to manually reset ~40K PC servers because of CrowdStrike, had “not modernized its IT infrastructure” and refused “help” — Microsoft fired back at Delta Air Lines on Tuesday after the carrier said it would seek damages … | Michelle Pokrass / OpenAI: |
| The Verge: |
US v. Google: Eddy Cue said there's no price Microsoft could offer to make Bing Safari's default search engine, stating “they offered to give us Bing for free” — Finally, a legal ruling on whether TikTok is a real search engine. (It's not.)| Annie Palmer / CNBC: |
Supermicro shares drop 13% after hours after the company reported Q4 earnings missing analyst expectations, and announces a 10-for-1 stock split — Shares of server company Super Micro Computer plunged 13% on Tuesday after the company announced fiscal fourth-quarter earnings that missed analyst expectations.| Jonathan Vanian / CNBC: |
Reddit Q2: revenue rose 54% YoY to $281.2M, vs. $254M est., Daily Active Uniques increased 51% YoY to 91.2M, and net loss dropped from $41.1M to $10.1M YoY — Reddit reported second-quarter results on Tuesday that topped analysts' estimates. — Here are the key numbers:| Lauren Forristal / TechCrunch: |
| Sarah Perez / TechCrunch: |
Brian Chesky says Airbnb plans to expand into new products and services, including co-hosting this fall, guest services, and a relaunch of experiences next year — Airbnb CEO Brian Chesky suggested on Tuesday's Q2 earnings call with investors that the company will soon expand into new products and services … | Natalie Lung / Bloomberg: |
| Jessica Lyons / The Register: |
CrowdStrike shares a root cause analysis of the July 19 outage, and says it's working with two third-party software security vendors to conduct further review — And reveals the small mistake that bricked 8.5M Windows boxes — CrowdStrike has hired two outside security firms to review … | CNBC: |
Sony reports Q1 revenue up 2% YoY to ~$20.5B, above ~$19.31B est., and operating profit up 10% YoY to ~$1.92B, above $1.89B est. — Sony reported a 10% jump in operating profit in the fiscal first quarter, beating analyst expectations.| Winston Cho / The Hollywood Reporter: |
Division in Hollywood's approach to AI is growing, as some studios want to use AI tools more often in production, while unions aim to establish guardrails — While unions aim to establish guardrails and artists are going to court, studios are looking to use AI tools more often in production.| Yoolim Lee / Bloomberg: |
Coupang reports Q2 revenue up 25% YoY to $7.3B and a net loss of $77M, its first loss since 2022, due to its Farfetch deal and a South Korean regulatory fine — - The Farfetch deal and a government fine weighed on results — The company is investing in safeguarding its delivery network| Forbes: |
How Les Wexner, Victoria's Secret billionaire owner, made early investments in Atlantic Crypto, which then turned into CoreWeave, netting him a $720M stake — A lawsuit reveals that an early bet on the company that would later become $19 billion startup Coreweave has made Les Wexner … | Ben Jiang / South China Morning Post: |
A profile of Yang Zhilin, the founder and CEO of China's highest-valued AI unicorn Moonshot, who studied at Carnegie Mellon University and worked at Huawei — - Big bets made by Alibaba, Tencent and other investors on Yang Zhilin's leadership have boosted Moonshot AI's valuation to US$3.3 billion| Jason Koebler / 404 Media: |
Behind the YouTube influencers, WhatsApp and Telegram groups, and services like FewFeed fueling Facebook's problem of creators profiting from viral “AI slop” — Gyan Abhishek is standing in front of a giant touch screen, like Jim Cramer on Mad Money or an ESPN talking head analyzing a football play.| Fei-Fei Li / Fortune: |
California's AI safety bill will harm developers, open-source development, the public sector, and academia, while failing to address the potential harms of AI — Fei-Fei Li, PhD, is a computer scientist who is widely credited with being the ‘Godmother of AI’. … Today, AI is more advanced than ever.
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Email fatigue is real: Here's how smart email tools help you regain control — Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
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| Ryan Smith / AnandTech: |
| Doug Bock Clark / ProPublica: |
| Benjamin Mullin / New York Times: |
| Chris Metinko / Crunchbase News: |
| Natalie Lung / Bloomberg: |