Techmeme
December 4, 2024, 12:55 AM

Top News

Kif Leswing / CNBC:
Apple says it's using Amazon's Trainium and Graviton chips to serve search services and is evaluating if Trainium2 chips can be used to pretrain its AI models  —  Apple is currently using Amazon Web Services' custom artificial intelligence chips for services like search and will evaluate …
Kyle Wiggers / TechCrunch:
AWS unveils Nova models for Bedrock, including Micro, Lite, Pro, and Premier for text generation, and Canvas for image generation and Reel for video generation  —  At its re:Invent conference on Tuesday, Amazon Web Services (AWS), Amazon's cloud computing division, announced a new family …
Sam Sabin / Axios:
The FBI and CISA give US telcos best practices to harden their systems against attacks, as senior US officials say Salt Typhoon hackers remain on their networks  —  - Officials added that they don't yet know the full scope of the intrusions, despite starting the investigation in late spring.
Joseph Cox / 404 Media:
FTC bans location data providers Gravy Analytics and subsidiary Venntel as well as Mobilewalla from using or selling data tied to sensitive locations and more  —  The Federal Trade Commission (FTC) announced sweeping action against some of the most important companies in the location data industry …
Gaby Del Valle / The Verge:
Ingrid Lunden / TechCrunch:
Salesforce says online Cyber Monday sales grew 3% YoY to $49.7B globally and just 2% YoY to $12.8B in the US; Adobe says US online sales grew 7.3% YoY to $13.3B  —  The figures are now in for consumer spending on Cyber Monday, the third big online spending day — alongside Thanksgiving and Black Friday …
Nicole Carpenter / Polygon:
Ubisoft will shut down its free-to-play shooter XDefiant, with servers remaining on until June 3, 2025, and plans to cut ~277 people from the production team  —  Servers will remain on until June 3, 2025, but the game will no longer be offered for download, and player registration will be closed.
Frederic Lardinois / TechCrunch:
AWS announces the general availability of its Trainium2 chips, and EC2 Trn2 UltraServers, which feature 64 Trainium2 chips, and slates Trainium3 for late 2025  —  At its re:Invent conference, AWS today announced the general availably of its Trainium2 (T2) chips for training and deploying large language models (LLMs).
Belle Lin / Wall Street Journal:
Timothy Gardner / Reuters:
Meta is seeking proposals from nuclear power developers, as it plans to add 1 to 4 gigawatts of new US nuclear generation capacity starting in the early 2030s  —  Meta (META.O) said on Tuesday it is seeking proposals from nuclear power developers to help meet its artificial intelligence …
Luc Cohen / Reuters:
Celsius Network founder and former CEO Alex Mashinsky pleaded guilty in a US court to commodities fraud and a fraudulent scheme to manipulate the price of CEL  —  Alex Mashinsky, the founder and former CEO of cryptocurrency lender Celsius Network, said on Tuesday he intends to plead guilty to two counts of fraud.
Hannah Murphy / Financial Times:
Nick Clegg says Mark Zuckerberg is keen to play “an active role” in Trump admin tech policy debates and Meta “overdid it a bit” when moderating pandemic content  —  Policy chief Nick Clegg says social media company ‘overdid it’ on content moderation, as it seeks to placate president-elect
Jonathan Vanian / CNBC:
Salesforce reports Q3 revenue up 8% YoY to $9.44B, vs. $9.34B est., net income up 25% YoY to $1.5B, and gives Q4 guidance above est.; CRM jumps 10%+ after hours  —  Salesforce shares were up 5% on Tuesday after the company reported its fiscal third-quarter earnings, reporting revenue …
Todd Spangler / Variety:
Walmart closes its $2.3B cash acquisition of TV maker Vizio, saying the deal will let it offer new ways for advertisers to reach customers via Walmart Connect  —  Walmart announced the completion of its $2.3 billion all-cash acquisition of TV maker Vizio, a move by the retailing giant to expand its advertising business.
Bloomberg:
Bluesky COO Rose Wang says the social network is not “a US-centric, left-leaning app” and that Bluesky plans to launch a subscription service by the end of 2024  —  - Company isn't building an app for ‘one voice,’ Wang says  — Service has added more than 10 million US users since election

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More News

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Earlier Picks

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Financial Times:
Sylvia Pfeifer / Financial Times:
Wes Davis / The Verge: