| Christopher Mims / Wall Street Journal: |
The price per token for AI models has fallen, but costs for developers are rising as newer reasoning models require more tokens to complete tasks — With models doing more ‘thinking,’ the small companies that buy AI from the giants to create apps and services are feeling the pinch| Stefanno Sulaiman / Reuters: |
TikTok suspends its live feature for the “next few days” in Indonesia, citing “increasing violence in protests” over lawmakers' pay — ByteDance's TikTok has suspended its live feature for the “next few days” in Indonesia following protests in the country, its spokesperson said in a statement on Saturday.| Allie Garfinkle / Fortune: |
An interview with CrowdStrike CEO George Kurtz on the company's M&A strategy as it acquires Madrid-based data observability startup Onum for about $290M — George Kurtz, cofounder and CEO of CrowdStrike — COURTESY OF CROWDSTRIKE — Cybersecurity is more than just software … | Brayden Lindrea / Cointelegraph: |
El Salvador has split its 6,000+ bitcoin across 14 wallets, describing the move as a precaution against quantum attacks, a merely theoretical threat for now — El Salvador has transferred its 6,274 Bitcoin into 14 new wallet addresses as part of a security measure to protect against the threat of quantum attacks.| Noah Smith / Noahpinion: |
A critique of two contrasting research papers on AI's impact on US employment trends, along with caveats from a Stanford study on jobs in AI-exposed fields — Some top economists claim AI is now destroying jobs for a subset of Americans. Are they right? — The debate over whether AI … | Joshua Rothman / New Yorker: |
A look at the potential future of personalized, AI-generated entertainment, and how it could both submerge human originality and enable new forms of expression — We're used to algorithms guiding our choices. When machines can effortlessly generate the content we consume, though, what's left for the human imagination?| Phil Hoad / The Guardian: |
| Aditya Kalra / Reuters: |
Source: Indian fantasy sports startup Mobile Premier League plans to lay off ~60% of its local workforce, after the government banned online real-money games — Indian online gaming app Mobile Premier League (MPL) will sack about 60% of its local workforce as part of a major downsizing … | Geoff Weiss / Business Insider: |
AI startup Aurasell, which aims to automate sales tools built on top of CRM software like Salesforce, emerges from stealth with $30M seed led by Next47 — - Aurasell is emerging from stealth with $30 million in seed funding. — The one-year-old AI startup wants to disrupt legacy sales software.| Dina Bass / Bloomberg: |
A study focused on OpenAI's GPT-4o mini found that LLMs can be persuaded to comply with objectionable requests using the same tactics that persuade humans — AI chatbots can be manipulated much in the same way that people can, according to researchers. But first... Three things to know:| Angel Au-Yeung / Wall Street Journal: |
An interview with Bumble CEO Whitney Wolfe Herd on AI being the “most emotionally intelligent matchmaker”, planning an AI-powered matchmaking app, and more — She's spent nearly all of her working life atop the dating-app business, and believes artificial intelligence could be the matchmaker we all need| Song Jung-a / Financial Times: |
PUBG developer Krafton is eyeing major expansion in India, seeking acquisitions as growth slows in China and the US, and plans to invest at least $50M annually — South Korea's Krafton faces a tough fight to wring revenues from price-sensitive players — The South Korean games developer … | David Gilbert / Wired: |
Purgatory, tied to online community The Com, claims responsibility for swatting attacks on US universities, airports, and more, charging $20 to $95 per incident — WIRED spoke to a self-proclaimed leader of an online group called Purgatory, which charged as little as $20 to call in fake threats against schools.| Cory Weinberg / The Information: |
Filing: StubHub, which is planning a September IPO, says revenue grew 3% to $828M in H1, missing its earlier projection of $885M, with adjusted EBITDA down 7% — Even as StubHub makes a renewed push to go public, its business isn't expanding as quickly as it had hoped.| John Tozzi / Bloomberg: |
Pharma commercialization company Eversana merges with Waltz Health, which provides drug price-comparison software to insurers, creating an entity valued at $6B — Eversana, a company that helps drugmakers sell their medicines, has acquired a smaller firm called Waltz Health that helps employers …
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