Techmeme
July 15, 2024, 10:40 AM

Top News

Lauren Thomas / Wall Street Journal:
Kim Zetter / Wired:
AT&T appears to have paid a ShinyHunters member $373K+ to delete call records stolen from AT&T's Snowflake account that exposed “nearly all” of AT&T's customers  —  A security researcher who assisted with the deal says he believes the only copy of the complete dataset …
Gavin Bonshor / AnandTech:
A look at the AMD Ryzen AI 300 series, its AI PC chip family for laptops, and the Ryzen 9000 series for desktops, both built on the new Zen 5 CPU architecture  —  Back at Computex 2024, AMD unveiled their highly anticipated Zen 5 CPU microarchitecture during AMD CEO Dr. Lisa Su's opening keynote.
Sean Endicott / Windows Central:
HP unveils the 14" OmniBook Ultra, with an AMD Ryzen AI 300 CPU, one of the first non-Arm powered Copilot+ PCs, for $1,450+, and the OmniStudio X 27 and X 31.5  —  The HP OmniBook Ultra will be one of the first Copilot+ PCs running on a non-Arm processor, though it will need a free update first.
Sankalp Phartiyal / Bloomberg:
Source: Apple's India revenue rose 33% YoY to almost $8B between March 2023 and March 2024, and up from $4.1B in March 2022; pricey iPhones were 50%+ of sales  —  - Sales jump shows Apple is succeeding in winning users in India  — Apple wants to challenge Android's dominance in the country
Bloomberg:
IDC and Counterpoint say the global smartphone market grew 6.5% and 6%, respectively, in Q2 2024, helped by China's 618 event discounts; iPhone sales stabilized  —  - Apple's iPhone sales stabilized after a tough first quarter  — Key China market accelerated its growth in the summer
Bloomberg:
OneStream, which makes enterprise financial software, aims to raise up to $465.5M in a US IPO, selling 24.5M shares for $17 to $19 for an up to $4.4B valuation  —  - Cloud-based platform company seeks up to $8 billion value  — Company's software is used by CFOs and finance teams
Daniel Thomas / Financial Times:
An interview with Netflix Chief Content Officer Bela Bajaria, who presides over the company's $17B content budget, on catering to different tastes and more  —  She presides over a $17bn budget and is looking for local hits with global potential  —  Bela Bajaria, Netflix's chief hitmaker …
Wes Davis / The Verge:
Apple approves the first PC emulator for iOS, UTM SE, weeks after rejecting and barring the app from being notarized for third-party app stores in the EU  —  Apple has approved UTM SE, an app for emulating a computer to run classic software and games, weeks after the company rejected …
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Dan Primack / Axios:NEW
Source: Sequoia emailed LPs in funds raised between 2009 and 2011, offering to buy up to $861M of Stripe shares at $27.51 per share, valuing Stripe at $70B  —  - The purchasers would be other, more recent Sequoia Capital funds — a process partially enabled by the firm's 2021 restructuring.
Bloomberg:
Filing: HashiCorp says the company and IBM both received a request from the FTC for more information on IBM's proposed $6.4B takeover of the software maker  —  Both companies received a so-called second request seeking additional information on the deal from the antitrust agency late last week …
Lloyd Lee / Business Insider:
Jacob Kastrenakes / The Verge:

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