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August 7, 2024, 4:15 AM
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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.
More: New York Times, Platformer, TechCrunch, The Register, Ars Technica, PCMag, Mashable, Rumble, New York Post, BBC, Pirate Wires, The Verge, Engadget, Social Media Today, SiliconANGLE, Adweek, Android Headlines, Fast Company, The Hollywood Reporter, The Verge, Business Insider, MobileSyrup, The Independent, The Hill, Deadline, Wired, Quartz, Reuters, Digiday, Thurrott, Bloomberg, Variety, The Information, Financial Times, Digiday, and Ad Age
Threads: @crumbler, @mac_ryan_, @taylorlorenz, @reckless1280, @mac_ryan_, @kalihays1, @crumbler, @hunterwalk, @daveleebbg, @carnage4life, @martinsfp, @kalihays1, @enjoyingeveryminute, @drewharwell, @mattrichardson, @moskov, @karaswisher, @karaswisher, and @kalihays1
Mastodon: @chrisgeidner@journa.host, @GossiTheDog@cyberplace.social, @metacurity@infosec.exchange, @MarcAbrahams@mstdn.science, @jalefkowit@vmst.io, @dmoren@zeppelin.flights, and @ianb@mastodon.well.com
X: @lindayax, @lindayax, @elonmusk, @elonmusk, @rumblevideo, @elonmusk, @catthekin, @scottderrickson, @baekdal, @bobbyallyn, @fmanjoo, @toptickcrypto, @kchoudhu, @adamkovac, @thechosenberg, @brianroemmele, @ryxcommar, @colin_fraser, @chrispavlovski, @jack_raines, @ryanbarwick, @tracybeanz, @joshtpm, @michaelmiraflor, @joshtpm, @bobbyallyn, @kristyt, @gergelyorosz, @harrymccracken, @chrispavlovski, @kyliebytes, @somewheresy, @billackman, @allahliker, @oalexanderdk, @fmanjoo, @silvermanjacob, @binarybits, @snazzylabs, and @pt.  LinkedIn: Greg Glenday
Forums: Hacker News, r/law, r/economy, r/inthenews, r/facepalm, r/LeopardsAteMyFace, r/business, r/neoliberal, and r/law
See also Mediagazer
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:
Google says the Chromecast with Google TV 4K and HD will remain on sale until stock runs out, as the company stops making the Chromecast, first launched in 2013
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:
OpenAI unveils Structure Outputs in the API, a feature to ensure model-generated outputs match JSON Schemas, and lower pricing for a new version of GPT-4o  —  We are introducing Structured Outputs in the API—model outputs now reliably adhere to developer-supplied JSON Schemas.
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:
Natalie Lung / Bloomberg:
Airbnb reports Q2 revenue up 11% YoY to $2.75B, above estimates, Nights and Experiences Booked up 9% YoY, and Q3 guidance below est.; ABNB down 14%+ after hours
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.
See also Mediagazer
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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From Mediagazer

Wall Street Journal:
CBS Mornings co-host Gayle King signed a new deal, providing some stability at CBS News; source: King's current contract is worth ~$15M and runs through May

Max Tani / Semafor:
AP Senior Product Manager for AI Aimee Rinehart told staff that many editors preferred an AI-written article to a human one, and resistance to AI is “futile”

Alex Weprin / The Hollywood Reporter:
Filing: Trump added between $600K and $1.25M in Netflix bonds to his portfolio in January; he also bought between $600K and $1.25M of SiriusXM bonds

More News

Ryan Smith / AnandTech:
Intel says its Foundry's lead products on Intel 18A are booting and expects the first external customer chip design tape out in H1 2025

Earlier Picks

Doug Bock Clark / ProPublica:
A researcher finds another flaw in Georgia's voter registration cancellation portal, which has had bugs that made submitting requests for any Georgian trivial
Benjamin Mullin / New York Times:
Red Ventures sells CNET, an early pioneer of online tech coverage, to Ziff Davis, which owns Mashable, PC Mag, Lifehacker, and others, a source says for $100M+
Chris Metinko / Crunchbase News:
Abnormal Security, which uses ML and AI to detect email cyberattacks, raised a $250M Series D at a $5.1B valuation, up from $4B after raising $210M in May 2022
Natalie Lung / Bloomberg:
Uber reports Q2 revenue up 16% YoY to $10.7B, Gross Bookings up 19% to $40B, vs. $39.7B est., and Mobility Gross Bookings up 23% to $20.6B; UBER closes up 10.9%
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