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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.
More: MacRumors, 9to5Mac, 9to5Mac, Android Authority, T3, GSMArena.com, TechRadar, Tom's Guide, BGR, Neowin, PCMag, PhoneArena, Benzinga, Gizchina.com, Patently Apple, AppleInsider, iMore, and PC Guide
X: @markgurman, @andyh_england, and @markgurman
| 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
More: Advanced Micro Devices, Inc., Fierce Electronics, DatacenterDynamics, Associated Press, Silicon Republic, TechCrunch, Forbes, Barron's Online, Reuters, The Verge, The Mirror, Quartz, Business Times, AIM, Pulse 2.0, Wccftech, TweakTown, Financial Times, Bloomberg, and Phoronix
X: @patrickmoorhead and @lisasu
Forums: r/AMD_Stock and r/wallstreetbets
| 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 …
More: The Hindu, Reuters, TechSpot, Engadget, PhoneArena, PCMag, New York Times, Semafor, BBC, Mashable, Capital Brief, Daily Sabah, Business Insider, Associated Press, The Crypto Times, Reclaim The Net, The Hill, Financial Times, Fortune, The Verge, and CoinGape
Mastodon: @thisismissem@hachyderm.io. X: @globalaffairs, @elonmusk, @elonmusk, @esyudkowsky, @mehdirhasan, @adrianweckler, @jtlonsdale, @ggreenwald, and @lindayax
Forums: r/brasil, r/conservativeterrorism, r/musked, r/Brazil, r/anime_titties, r/technews, and r/worldnews
| Angus Berwick / Wall Street Journal: |
How Worldcoin is building its World ID identity system, trying to assuage government and privacy activists' concerns about its iris scanning tech and data usage — More than a dozen jurisdictions have either suspended the project's operations or looked into its data processing
More: Business Standard, Livemint, Cointelegraph, WinBuzzer, Benzinga, and PYMNTS.com
Forums: r/Buttcoin and r/technology
| George Hammond / Financial Times: |
Carta: 254 of its VC-backed clients went bust in Q1 2024 and the startup bankruptcy rate is over 7x that of 2019, as funds raised in the 2021-2022 boom run out — Private company shutdowns jump compared with last year despite AI funding frenzy, threatening millions of jobs at VC-backed firms| Benedict Evans: |
After Google's antitrust loss, what comes next is not clear, besides the court ordering Google to stop or reduce TAC payments; Apple may build its own search — A search engine is a vast mechanical Turk - a reinforcement learning engine that uses human activity to understand the web.| Financial Times: |
South Korea's plan to introduce tablets with AI features in schools faces backlash from parents and academics concerned about children's overexposure to devices — South Korea's plan to introduce artificial intelligence-powered digital textbooks in schools has provoked a backlash from parents …
More: WinBuzzer and TechCrunch
| 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
More: The Register and datacenterknowledge
| 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 …
More: Marketing Dive
| Matthew Ball / MatthewBall.co: |
Since 2018, Roblox has grown rapidly and consistently and now has an estimated average of 80M+ daily and 380M+ monthly users, over 2x that of Steam or Minecraft — Everyone knows Roblox is huge. But as COVID receded into memory, Roblox shifted from “new” to “familiar,” …
X: @ballmatthew, @timsweeneyepic, and @ballmatthew. LinkedIn: Chris Heatherly
Forums: Hacker News and r/apple
| 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.| Tabby Kinder / Financial Times: |
Arize AI: 56% of Fortune 500 companies cited AI as a “risk factor” in their recent annual reports, up from 9% in 2022; 86% of software firms cited AI as a risk — Study finds more than half of Fortune 500 groups cited new technology as a potential hazard in their latest annual reportsSponsor Posts
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