Techmeme
July 17, 2024, 12:05 PM

Top News

Marina Temkin / TechCrunch:
On their podcast, Marc Andreessen and Ben Horowitz explain why they are backing Trump, say Trump is pro-crypto, Biden's overregulation harms startups, and more  —  Marc Andreessen, the co-founder of one of the most prominent venture capital firms in Silicon Valley, says he's been a Democrat most of his life.
New York Times:
Sources: at a June dinner, David Sacks, Chamath Palihapitiya, and others told Trump to pick JD Vance as VP; Elon Musk and Peter Thiel also advocated for Vance  —  Mr. Vance spent less than five years in Silicon Valley's tech industry, but the connections he made with Peter Thiel and others became crucial to his political ascent.
The Information:
Marc Andreessen and Ben Horowitz say Trump is the right choice for “Little Tech”; sources say they plan to make large donations to PACs supporting his campaign  —  Venture capital bigwigs Marc Andreessen and Ben Horowitz have told staff at Andreessen Horowitz that they plan …
Cat Zakrzewski / Washington Post:
Reuters:
Sources: GitLab, which has an ~$8B market cap, is exploring a sale after attracting interest from its peers, including Datadog, which has a $44B market cap  —  GitLab (GTLB.O), a U.S. provider of cloud-based software development tools whose investors include Google parent Alphabet (GOOGL.O) …
Bloomberg:
Donald Trump says “I'm for TikTok, because you need competition”, and “if you don't have TikTok, you have Facebook and Instagram” and “that's Zuckerberg”  —  It's late June, and Donald Trump is plotting his next presidency in the gilded offseason isolation of the Mar-a-Lago Club.
Bloomberg:
Sources: the US is mulling imposing the foreign direct product rule, seen as draconian by allies, on Tokyo Electron and ASML's chip equipment business in China  —  - Restrictions would hit technology from Tokyo Electron and ASML  — US companies like Lam have urged softer approach in meetings
Laura Waxmann / San Francisco Chronicle:
Elon Musk says he plans to move X's headquarters to Austin, a day after he protested a new California law that bans schools' transgender notification policies  —  San Francisco real estate market participants confirmed last week that a majority of the Market Street headquarters of X Corp. …
Arjun Kharpal / CNBC:
ASML reports Q2 net sales down 9.5% YoY to €6.24B, vs. €6.03B est., net income down 18.7% YoY to €1.6B, vs. €1.4B est., and keeps its FY 2024 outlook unchanged  —  ASML reported second-quarter earnings and sales that beat forecasts, as interest in artificial intelligence chips drives …
Emilia David / VentureBeat:
Mistral debuts two LLMs: Codestral Mamba 7B, for code generation, based on the Mamba architecture, and Mathstral 7B, for math reasoning and scientific discovery  —  The well-funded French AI startup Mistral, known for its powerful open source AI models, launched two new entries in its growing family …
Samuel Stolton / Bloomberg:
The EU's General Court says TikTok is large enough to fall under the DMA, rejecting ByteDance's challenge; ByteDance can appeal to the European Court of Justice  —  - TikTok attempt to avoid EU's Digital Markets Act is dismissed  — Chinese-owned social media giant also risks ban in the US
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Sponsor Post

Sponsor Posts

OVHcloud:
Sustainable from the ground up  —  Discover eco-friendly cloud solutions powered by advanced water-cooling technology.  Join a trusted cloud leader and transform your digital landscape.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
Ahead of the curve - Revolutionizing communication and project management with Zoho Cliq  —  Communication and collaboration are the backbone of a successful business, especially for large-scale enterprises with many employees.
Opal:
Introducing Tadpole: the tiny webcam for laptops  —  With a mirrorless Sony sensor, directional microphone, and tap-to-mute feature, the Tadpole works with both Mac and PC and is the perfect webcam to take with you everywhere.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
The Logan Bartlett Show:
EP 110: How Eric Glyman (CEO, Ramp) Runs One of The Fastest Growing Startups
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show!
Techmeme Ride Home:
Tue. 07/16 - A VC VP Pick
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

Newest

More News

The Verge:
More: 9to5Toys and Tedium
Threads: @jonporterukMastodon: @ernie@writing.exchangeX: @tomwarrenLinkedIn: Julian Fest

Earlier Picks

Akash Sriram / Reuters: