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Techmeme
August 20, 2024, 1:45 PM
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Top News

Wall Street Journal:
PitchBook: seven banks' ~$13B loans to Elon Musk to buy X have been “hung” for two years, weighing on balance sheets, the worst buyout for banks since 2008-2009  —  Loans of around $13 billion have remained ‘hung’ for nearly two years, bringing in interest payments but weighing on banks' balance sheets
Kirsten Korosec / TechCrunch:
Waymo co-CEO Tekedra Mawakana says Waymo is now giving 100K+ paid robotaxi rides every week in LA, San Francisco, and Phoenix, a few months after passing 50K+  —  Waymo disclosed Tuesday it's now giving more than 100,000 paid robotaxi rides every week across its three main commercial markets in Los Angeles, San Francisco, and Phoenix.
CNBC:
Waymo unveils its cheaper “generation 6” self-driving tech that's integrated with Geely Zeekr vehicles, with 13 cameras and 4 lidar sensors, down from 29 and 5
Bloomberg:
Chinese-made, Tencent-backed game Black Myth: Wukong became Steam's second most popular title ever within hours of its launch, gaining 2.1M+ concurrent players  —  - The made-in-China blockbuster surpasses Cyberpunk play record  — Monkey King epic on track to set records for concurrent gamers
Sankalp Phartiyal / Bloomberg:
Sources: Apple plans to make the most expensive iPhone models in India for the first time, as Foxconn rushes to produce iPhone 16 Pro and 16 Pro Max in India  —  - Plan shows Apple making further progress with India assembly  — Company is shifting output to India to diversify beyond China
Daniel Tencer / Music Business Worldwide:
The AGs of 10 states join the US DOJ's antitrust lawsuit seeking to break up Live Nation and Ticketmaster; 39 states, plus DC, are now part of the lawsuit  —  The attorneys general of 10 states have joined the US Department of Justice (DoJ)'s antitrust lawsuit seeking to break off Live Nation …
Connor Jones / The Register:
Cisco Talos says eight vulnerabilities in Microsoft's macOS apps could be abused by attackers to record video and sound from a device, log user input, and more  —  Windows giant tells Cisco Talos it isn't fixing them  —  Cisco Talos says eight vulnerabilities in Microsoft's macOS apps …
Zack Whittaker / TechCrunch:
Flight tracking site FlightAware, which claims 10M+ monthly users, reports a breach dating back to January 2021 that exposed names, SSNs, addresses, and more  —  Flight tracking site FlightAware has blamed a “configuration error” for exposing a raft of personal information of its customers …
Kamil Kowalcze / Bloomberg:
TSMC breaks ground on its €10B chip fab in Dresden, Germany, its first European plant and set to create 11K European jobs; the EU approves Germany's €5B subsidy  —  - Taiwanese firm begins work on its first European chip plant  — German subsidies will cover about half of the fab's costs
Nick Robins-Early / The Guardian:
Donald Trump shared AI-generated images on Truth Social that show Taylor Swift and her fans vowing their support for his campaign; Swift hasn't endorsed Trump  —  Presidential nominee shares AI-generated images, contributing to spread of online election disinformation

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:45 PM ET, August 20, 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

Andrew Cohen / InvestmentNews:
Robinhood plans to shutter the Sherwood News site in favor of newsletters and the Robinhood app; at least three reporters were cut in company layoffs this week

CNN:
Haberman-Swan book: Trump wanted to make Fox News “beg” for a presidential interview, he almost settled for $3M with ABC instead of $16M, and more

Christopher Wiggins / Advocate:
A profile of Don Lemon, whose independent company Lemon Media Network has surpassed 10M followers across platforms, with more than 50% growth in the past year

More News

Ryan Smith / AnandTech:
Qualcomm details its mid-range Snapdragon 7s Gen 3 SoC, based on TSMC's N4P, promising 40% better GPU performance than its 7s Gen 2, shipping via Xiaomi first

Earlier Picks

Perry Stein / Washington Post:
The FBI, ODNI, and CISA say they are “confident” that Iran was responsible for recent attempted hacks into the Trump and Biden-Harris presidential campaigns
Jaspreet Singh / Reuters:
Palo Alto Networks reports Q4 revenue up 12% YoY to $2.19B, vs. $2.16B est., projects its FY 2025 earnings above est., and ups its share buyback by $500M to $1B
Kyle Wiggers / TechCrunch:
Gemini Live is not too useful as a paid feature as it lacks many integrations that text-based Gemini supports and cannot yet interpret images or real-time video
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
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