Techmeme
August 16, 2024, 1:50 PM

Top News

Morgan Meaker / Wired:
Epic debuts the Epic Games Store on iOS in the EU, offering its games, including Fortnite, and plans to start onboarding third-party games starting in December  —  The Epic Games Store gives iPhone users in the EU an alternative to Apple's App Store for the first time.
Jay Peters / The Verge:
Taylor Lyles / IGN:
Mackenzie Hawkins / Bloomberg:
The Biden administration approves $1.6B in Chips Act grants and $3B in loans for Texas Instruments, to help pay for one chip factory in Utah and two in Texas  —  - Funding will support $18 billion in spending in Texas, Utah  — Biden administration almost finished allocating chips grants
Suvashree Ghosh / Bloomberg:
Chainalysis: the value of crypto hacks increased ~84.4% YoY to $1.58B in the first seven months of 2024, likely due in large part to the rise in crypto prices  —  - Number of heists rose slightly, centralized exchanges targeted  — Bitcoin made up 40% of the proceeds of this year's heists
Maxwell Zeff / TechCrunch:
California lawmakers weaken the AI safety bill with amendments proposed by Anthropic and other opponents, including giving the AG less power to sue AI companies  —  California's bill to prevent AI disasters, SB 1047, has faced significant opposition from many parties in Silicon Valley.
Andrew Cunningham / Ars Technica:
Primate Labs releases Geekbench AI 1.0, formerly Geekbench ML, to test AI-centric performances of CPUs, GPUs, and NPUs, available on Android, iOS, and desktop  —  Performance test comes out of beta as NPUs become standard equipment in PCs.  —  Neural processing units (NPUs) …
Joann Muller / Axios:
Walmart and DroneUp end drone delivery in all 18 Phoenix, Salt Lake City, and Tampa hubs to focus on Dallas-Fort Worth; DroneUp cuts 70, or ~17% of its staff  —  - The three cities were part of a splashy rollout in 2022 that was described as the first large-scale drone delivery operation in the U.S.
Jody Godoy / Reuters:
Court filing: TikTok says the US DOJ misstated its China ties, made factual errors in the case, and the divestment law would strip TikTok of free speech rights  —  TikTok told a federal appeals court on Thursday that the U.S. Department of Justice has misstated the social media app's ties to China …

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More News

Akila Quinio / Financial Times:
Jamie Crawley / CoinDesk:
Hannah Lang / Reuters:
Michael Nuñez / VentureBeat:

Earlier Picks

Andrew Liszewski / The Verge:
Heather Knight / New York Times:
Shawna Chen / Axios:
Ivan Mehta / TechCrunch:
Joseph Menn / Washington Post:
Andy Greenberg / Wired: