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August 29, 2024, 6:55 AM
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| Kif Leswing / CNBC: |
Nvidia reports Q2 revenue up 122% YoY to $30B, above $28.7B est., forecasts Q3 revenue above est., and approves an additional $50B in share buybacks — Nvidia reported earnings after the bell that beat Wall Street expectations for earnings and guidance, and provided stronger-than-expected guidance for the current quarter.
More: Nvidia Newsroom, Decrypt, CoinGape, Bloomberg Television on YouTube, COINOTAG NEWS, Neowin, New York Times, Coinpedia Fintech News, Livemint, NTD, Livewire Markets, Wccftech, Business Today, Financial Times, Cointelegraph, Investing.com, Cryptopolitan, Newser, //www.investmentweek.co.uk/, Fierce Electronics, Wall Street Pit, Shacknews, Fast Company, Capital Brief, Forbes, The Crypto Times, The Information, NBC News, and Wall Street Journal
X: @lisaabramowicz1, @banana3stocks, @tszzl, @firstadopter, @edludlow, @firstadopter, @benbajarin, @munster_gene, @munster_gene, @benbajarin, @benbajarin, @benbajarin, @ericjhonsa, @benbajarin, @banana3stocks, @banana3stocks, @thestalwart, @benbajarin, @adamscochran, @kgreifeld, @jason, @danielhowley, and @macyagilliam
LinkedIn: Johnross ‘JR’ Reyes and Chris Perkins
Forums: r/business and r/NVDA_Stock
| Financial Times: |
More: Investors' Chronicle, CNBC, Wall Street Journal, Invezz, City A.M., Deccan Herald, Reuters, CNBC, Australian Financial Review, Livemint, The Straits Times, The West Australian, CNBC, Wall Street Journal, Invezz, ShareCafe, Fortune, Shacknews, FX Empire, The National, Channel NewsAsia, and Sydney Morning Herald
| Bloomberg: |
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| Gaspard Sebag / Bloomberg: |
France charges Pavel Durov for complicity in the spread of CSAM and other crimes on Telegram; prosecutors set a €5M bail and ban him from leaving France — - Pavel Durov isn't responsible for crimes on app, lawyer says — Durov out of detention on €5 million bail; can't leave France
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Threads: @brian.fishman.5, @brian.fishman.5, @brian.fishman.5, @brian.fishman.5, @brian.fishman.5, @brian.fishman.5, @brian.fishman.5, and @brian.fishman.5
X: @amasad, @jsrailton, @tuckercarlson, @danprimack, @elonmusk, @autismcapital, @kimdotcom, and @randcorporation
Forums: Hacker News and r/worldnews
| Wall Street Journal: |
Sources: OpenAI is in talks to raise funding at a $100B+ valuation; Thrive Capital is leading the round and will invest ~$1B, and Microsoft will also invest — Thrive Capital and Microsoft are among investors putting several billion dollars into ChatGPT maker
More: The Rundown AI, Reuters, New York Times, Coinspeaker, Financial Times, CNBC, PYMNTS.com, The Information, Cointelegraph, Cryptopolitan, Livemint, SiliconANGLE, The Media Leader, Benzinga, CoinGape, San Francisco Business Times, Business Insider, TechCrunch, and The Crypto Times
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Forums: Hacker News and r/OpenAI
| Sarah Perez / TechCrunch: |
Automattic plans to shift Tumblr's backend over to WordPress, in a bid to make sharing work across the platforms easier, after buying Tumblr for $3M in 2019 — Tumblr is making the move to WordPress. After its 2019 acquisition by WordPress.com parent company Automattic in a $3 million fire sale …
More: The Verge, Automattic, and TechSpot
| Sarah Perez / TechCrunch: |
Threads now lets users see and like fediverse replies on other posts besides their own, and posts submitted via Threads API will be syndicated to the fediverse — Threads is deepening its ties to the fediverse, also known as the open social web, which powers services like X alternative Mastodon …
More: Social Media Today, Engadget, BetaNews, PhoneArena, and The Verge
Threads: @pcottle, @threads, @karissabe, @theromit, @omar.tosca, @rstephens, @theinstantwin, @gossithedog, @ben.werdmuller, @ericflo, and @chris
Forums: r/technology and r/technews
| Nico Grant / New York Times: |
Yelp sues Google, alleging Google used its dominance in general search to gain an unfair advantage in local search services and local search advertising markets — Yelp complained for more than a decade that Google tilted the search market in its favor. After its rival's landmark legal loss, it finally decided to sue.
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Forums: r/google, r/technology, r/technology, and Slashdot
| Jaspreet Singh / Reuters: |
CrowdStrike reports Q2 revenue up 32% YoY to $963.9M, vs. $958.6M est., and cuts its FY 2025 revenue and profit forecasts, after July's Windows outage — CrowdStrike (CRWD.O) cut its annual revenue forecast on Wednesday, in a sign that demand for its cybersecurity products could have taken … | Abner Li / 9to5Google: |
Google rolls out Imagen 3 to all Gemini users and Gems, which allows the creation of custom Gemini chatbots, to Gemini Advanced, Business, and Enterprise users — Following the preview at I/O 2024 in May, Gemini is rolling out Gems, as well as Imagen 3, to Advanced subscribers. — Gems| Julia Love / Bloomberg: |
More: Ars Technica, Axios, TechCrunch, New York Times, SiliconANGLE, MediaPost, Mobile World Live, Mashable SEA, Tom's Guide, and The Verge
| Jason Schreier / Bloomberg: |
Sources: Bungie fired Chris Barrett, a former top executive, in March 2024 after he was accused by several female employees of inappropriate behavior — Veteran developer who worked on hit video game franchises Halo and Destiny was directing the next major title, Marathon.
More: Game Developer, Rock, Paper, Shotgun, Wccftech, Push Square, PC Games Insider, PC Gamer, IGN, Gamereactor UK, The Game Post, and Game Rant
X: @muitimach, @cuppy, @paultassi, @jivesh1995, @chrisreggiewait, and @jasonschreier
Forums: r/pcgaming, r/Games, and r/TwoBestFriendsPlay
| Ben Weiss / The Verge: |
Documents and sources detail OpenSea's chaotic work environment, ever-shifting priorities, and regulatory issues, as the SEC and FTC make inquiries — The rise and fall of NFTs made and unmade OpenSea — the largest marketplace for the crypto asset. But insider accounts of the company reveal …
More: Bloomberg, Inside Bitcoins, Bitcoin Insider, CoinGape, Crypto Adventure, The Crypto Times, and crypto.news
X: @leomschwartz and @bdanweiss
| Katherine Ross / Blockworks: |
More: Axios, Blockonomi, CoinDesk, Crypto Adventure, Coinpedia Fintech News, Inside Bitcoins, NFT News Today, Unchained, Bitcoin News, PYMNTS.com, CNBC, Bitcoin Insider, and CryptoSlate
X: @dfinzer, @mrjasonchoi, @forcethehabit, @rssh273, @icebergy_, @ohaiom, @haydenzadams, @alokvasudev, @yugoviking, @grady_booch, @stephendpalley, @gwartygwart, @jchervinsky, @minariklaw, @opensea, @adamscochran, @brianlfrye, @iamdcinvestor, @katie_haun, @thisisnickcarr, @adamscochran, @brian_armstrong, @adamscochran, @pbartstephens, @roofhanzo, @adamscochran, @milesjennings, @mdudas, @standwithcrypto, @dcp_leo, @0xwittgenstein, and @mwturetzky
| Eric Slivka / MacRumors: |
Kuo: in the 2025 iPhone lineup, only the iPhone 17 Pro Max will have 12GB DRAM and an upgraded cooling system combining vapor chamber tech and graphite sheets — Just a day after a noted leaker on Chinese microblogging site Weibo suggested the iPhone 17 lineup in 2025 could see an upgrade …
More: Dexerto, T3, TechRadar, PhoneArena, Neowin, Patently Apple, Forbes, AppleInsider, iClarified, Sammy Fans, 9to5Mac, Benzinga, and NewsBytes
X: @mingchikuo, @thegalox_, @tailosivetech, and @thegalox_
Forums: r/apple and MacRumors Forums
| Nate Raymond / Reuters: |
A US court rules TikTok must face a lawsuit over a 10-year-old's death and the “blackout challenge”, saying algorithmic curation isn't protected by Section 230 — A U.S. appeals court has revived a lawsuit against TikTok by the mother of a 10-year-old girl who died after taking part in a viral …
More: The Verge, The Register, BNN Bloomberg, SiliconANGLE, Law & Crime, Dexerto, Ars Technica, CBS News, The Independent, New York Post, Associated Press, New York Daily News, United States Court of Appeals for the Third Circuit, and Bloomberg Law
Bluesky: @daphnek.bsky.social, @daphnek.bsky.social, @daphnek.bsky.social, @daphnek.bsky.social, @daphnek.bsky.social, @daphnek.bsky.social, and @mmasnick.bsky.social
| Anna Tong / Reuters: |
California's State Assembly passes the AI safety bill SB 1047, which now goes back to the Senate for a process vote before requiring Governor Newsom's signature — California lawmakers passed a hotly contested artificial-intelligence safety bill on Wednesday, after which it will need … | Sylvia Varnham O'Regan / The Information: |
Sources: Meta plans to release a new MR device codenamed Puffin in 2027, resembling a bulky pair of glasses with a second unit for battery and computing power — Meta Platforms is planning a new mixed reality device that resembles a bulky pair of glasses, according to two Meta employees.
More: Road to VR, MIXED Reality News, UploadVR, Cointelegraph, Game Rant, Reuters, and The Verge
Threads: @heaney_555. X: @heaney555, @sadlyitsbradley, @lunayian, @heaney555, @lunayian, and @lunayian
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