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Techmeme
August 19, 2024, 9:05 AM
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Mark Gurman / Bloomberg:
A look at Apple's work on its in-house modem chip, set to replace Qualcomm's, which may debut in select models in 2025, with the full rollout taking a few years  —  Apple's move to drop Qualcomm modem chips won't have a payoff at the outset, but it could set the stage for bigger things later.
Asa Fitch / Wall Street Journal:
AMD agrees to buy New Jersey-based ZT Systems, founded in 1994 to design and make servers, server racks, and other infrastructure, for $4.9B, closing in H1 2025  —  ZT Systems produces servers, other equipment used in data centers for artificial intelligence
Anthony Ha / TechCrunch:
X says it is closing its operations in Brazil, claiming a judge threatened “arrest if we do not comply with his censorship orders”; X still remains available  —  X, the social media platform formerly known as Twitter, said today that it's ending operations in Brazil …
Camilla Hodgson / Financial Times:
FOI documents: data center water consumption in Virginia, home to the world's largest cluster of data centers, hit 1.85B+ gallons in 2023, up from 1.13B in 2019  —  Usage has increased by almost two-thirds since 2019 in the world's largest concentration of computing infrastructure
Gregory Meyer / Financial Times:
In Q2, Walmart said its ad business grew 30% in the past year; eMarketer says Walmart will claim 6.8% of 2024 US retail media spending, for $3.7B in ad revenue  —  A high-margin and fast-growing ad business is changing the chain's relationship with brands  —  Walmart last week reported rising sales …
Washington Post:
Girls In Tech, Women Who Code, and other groups that aimed to diversify Silicon Valley are closing or rebranding to stay afloat, as critics attack DEI efforts  —  Groups like Girls In Tech and Women Who Code promised to attract women and people of color to the tech industry.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:05 AM ET, August 19, 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

Reuters:
A US federal judge orders the Trump administration to lift its White House ban on CNN, MS NOW, and Politico for 14 days, calling it likely unconstitutional

Jessica Toonkel / Wall Street Journal:
Barry Diller withdraws People's bid to buy the stake in MGM Resorts it didn't already own, in a deal valuing the company at ~$12.4B; People holds ~27% of MGM

Hannah Fingerhut / Associated Press:
An Iowa judge dismisses Trump's lawsuit accusing The Des Moines Register and pollster J. Ann Selzer of misrepresenting the state of the 2024 presidential race

More News

Jeremy Stern / Tablet:
A profile of Palmer Luckey, who sold Oculus to Facebook, was fired after donating to a pro-Trump troll group, and now imagines a new age of warfare at Anduril
Joyce Lee / Reuters:
South Korean AI chip makers Rebellions and Sapeon agree to merge; Rebellions has raised $225M+, and Sapeon's shareholders include SK Telecom and SK Hynix
Edward Helmore / The Guardian:
Dating apps are struggling as users seek organic ways to meet; Match Group reported a decline in the total number of paying users for seven straight quarters
Maureen Dowd / New York Times:
An interview with Palantir CEO Alex Karp on co-founding the company, autonomous weapons systems, AI, supporting Kamala Harris, Silicon Valley critics, and more
Carl Franzen / VentureBeat:
Runway debuts Gen-3 Alpha Turbo, a faster and cheaper model than Gen-3 Alpha, capable of generating 5- or 10-second-long video clips, available for all plans

Earlier Picks

Representative Nancy Pelosi:
Nancy Pelosi issues a statement in opposition to California's AI safety bill, saying it is “well-intentioned but ill-informed” and “more harmful than helpful”
Justin Bachman / Legal Dive:
A YouTuber files a proposed class action against Nvidia, accusing it of scraping his content without consent to train AI models, weeks after also suing OpenAI
Cade Metz / New York Times:
OpenAI removed a cluster of Iranian accounts using ChatGPT for an influence campaign targeting the US elections, and says the effort didn't gain much traction
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