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August 7, 2024, 5:00 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 Verge, Silicon Republic, The Register, Ars Technica, PCMag, Mashable, Rumble, Neowin, TweakTown, BBC, New York Post, Engadget, Social Media Today, SiliconANGLE, Adweek, Android Headlines, Pirate Wires, The Hollywood Reporter, The Verge, Fast Company, Business Insider, MobileSyrup, The Independent, The Hill, Deadline, Digiday, Wired, Quartz, Reuters, Thurrott, Bloomberg, Variety, The Information, Financial Times, and Digiday
Threads: @crumbler, @mac_ryan_, @taylorlorenz, @reckless1280, @kalihays1, @crumbler, @hunterwalk, @mac_ryan_, @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
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 …
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 …
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
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.
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 drops 14%+  —  - Forecasts for sales and nights booked miss analyst estimates  — Shorter booking lead times and slower US demand dampened gains
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 dropped ~10% after the company reported $5.31B in Q4 revenue, below est., earnings below est., 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.
Megha Mandavia / Wall Street Journal:
AI threatens to upend India's $250B outsourcing industry, as companies plan to automate BPO; HSBC says 80%+ of the S&P 500 outsource some operations to India  —  Country's outsourcing companies have added urgency to shift to higher-end services  —  Artificial intelligence is upending India's technology outsourcing business.
Jonathan Vanian / CNBC:
Reddit reports Q2 revenue up 54% YoY to $281.2M, vs. $254M est., Daily Active Uniques up 51% YoY to 91.2M, and net loss down from $41.1M in Q2 2023 to $10.1M  —  Reddit reported second-quarter results on Tuesday that topped analysts' estimates.  —  Here are the key numbers:
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

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From Mediagazer

Benjamin Mullin / New York Times:
Arkansas PBS severs ties with the PBS network, the first state public TV system to do so since Congress cut CPB funds, citing the annual $2M+ membership cost

Sam Roberts / New York Times:
Arthur L. Carter, who started a Connecticut newspaper in 1981, bought and sold The Nation, and founded the New York Observer in 1987, has died at 93

Pamela McClintock / The Hollywood Reporter:
Disney's Zootopia 2 surpasses $1B at the global box office, the fastest PG-rated film to do so after just 17 days in release

More News

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

Earlier Picks

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
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
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”
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+
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