| Mark Gurman / Bloomberg: |
Sources: Apple built Ajax, a framework for building LLMs, created a chatbot app that some engineers call “Apple GPT”, and is planning an AI announcement in 2024 — - Company builds large language models and internal chatbot — Executives haven't decided how to release tools to consumers| Or Goren / Cord Busters: |
Netflix removes its most affordable $10/month ad-free Basic tier in the US and UK, charging new and rejoining members £10.99/month or $15.49/month for no ads — This post may contain affiliate links* — Breaking: In a major shakeup of its pricing model, Netflix, the global streaming giant … | Lisa Richwine / Reuters: |
Netflix Q2: revenue up 2.7% YoY to $8.2B, vs. $8.3B est., net income up 3.3% YoY to $1.5B, 5.9M net new subscribers, vs. 1.9M est., and a Q3 forecast below est. — Netflix Inc (NFLX.O) handily beat Wall Street earnings forecasts on Wednesday as a password-sharing crackdown … | Erik Hayden / The Hollywood Reporter: |
| C. Scott Brown / Android Authority: |
Google launches Nearby Share for Windows, letting users transfer files between PCs and Android devices close to each other, after debuting a beta in March 2023 — Anyone can download Nearby Share for Windows now, but your future laptop might come with it pre-installed. — • — TL;DR| Tom Warren / The Verge: |
Microsoft and Activision Blizzard agree to extend the finalization of their merger agreement to October 18, pending the outcome of negotiations with the UK CMA — Microsoft and Activision Blizzard have agreed to extend their merger agreement pending the outcome of negotiations with UK regulators.| Emily Nicolle / Bloomberg: |
France designates Société Générale's blockchain unit Forge a digital asset service provider, issuing the country's first license under its new crypto rules — - Forge awarded permissions to act as custodian, trade crypto — License will help meet demand from institutional clients: CEO| Wall Street Journal: |
Microsoft plans to give 31 security logs to its lower-cost cloud service licensees for free in September 2023, after its China hack disclosures drew criticism — Company says it will make security logs available to customers with lower-cost cloud services — Microsoft said it plans … | Matthew Humphries / PCMag: |
Intel grants Asus a non-exclusive license to its NUC designs; Asus plans to make, sell, and support 10th to 13th gen systems and can develop new system designs — The agreement covers existing NUCs and allows Asus to design new models. … , Asus is granted a non-exclusive license … | Bloomberg: |
Researchers say hate speech and misinformation on Twitter are up; CEO Linda Yaccarino says that's “incorrect” and touts improvements, like ad placement controls — Since Musk's takeover, a number of researchers see a rise in hate speech, violent content| Jagmeet Singh / TechCrunch: |
Meta launches a standalone WhatsApp app for Wear OS 3, letting smartwatch users start chats, reply to messages, and take calls without their connected phone — WhatsApp has finally launched its standalone app for smartwatches running Google's Wear OS, after much anticipation and months-long beta testing.| Emmy Lucas / Forbes: |
Los Angeles-based Karat Financial, which offers creators banking and credit card services, raised a $70M Series B, split as $40M in equity and $30M in debt — The creator economy is booming: Goldman Sachs estimates its total addressable market to be $250 billion today.| Madhumita Murgia / Financial Times: |
Microsoft, OpenAI, Cohere, and others are testing using “synthetic data” as developers find generic data from the web is no longer good enough for training LLMs — Microsoft, OpenAI and Cohere experiment with “synthetic data,” as they reach the limits of information created by humans| Gijong Lee / The Elec: |
| Mike Oitzman / The Robot Report: |
Beijing-based ForwardX Robotics, which makes autonomous mobile robots for warehouses, raised an additional $30M on July 7, bringing its Series C total to $61M — ForwardX Robotics, a global leader in vision-based AMR technology, is thrilled to announce the successful completion of its latest funding round … | Wayne Ma / The Information: |
Sources: Meta delayed releasing AR glasses to at least 2027, after having to cut the microLED display, lidar, 3D projector, and more due to technical setbacks — In March 2020, as the Covid-19 pandemic began to transform the world, the company then known as Facebook struck a deal to buy … | Andrew Tarantola / Engadget: |
In an earnings call, Elon Musk says Tesla is open to licensing its FSD software and hardware to other carmakers and is “already in discussions” with a major OEM — “We're not trying to keep this to ourselves” ~ Tesla CEO Elon Musk. — In a surprise announcement during Tesla's … | Jay Jacobs / Cyentia Institute: |
| Financial Times: |
Sources: Threads uses a largely replicated Instagram algorithm, prioritizing creators' and friends' posts over hard news, and relies on Instagram moderators — Facebook's parent company downgrades current affairs on Threads app and refuses to engage with Canadian law designed to fund media groups| Kate Clark / The Information: |
Michael Moritz leaves Sequoia for the firm's wealth management business; sources: partners Mike Vernal, Michelle Fradin, Kais Khimji, and Daniel Chen also left — Five Sequoia Capital partners have left the firm, the biggest shakeup to the storied venture firm's leadership since its leader Roelof Botha took over a year ago.| Brian Heater / TechCrunch: |
Unity launches PolySpatial, which was unveiled alongside the Vision Pro at WWDC to help developers port and create 3D experiences for Apple's visionOS, in beta — Unity this morning announced that it has opened the beta version of its development platform for visionOS.| Kif Leswing / CNBC: |
IBM reports Q2 revenue flat YoY at $15.48B, vs. $15.58B est., net income up 14% YoY to $1.6B, software up 7% YoY to $6.6B, and consulting up 4% YoY to $5B — - IBM reported better-than-expected earnings on Wednesday, expanding its gross margin. — Revenue missed consensus estimates.| Brian Fung / CNN: |
The DOJ and the FTC release draft updates to US merger guidelines, introducing potentially comprehensive changes to reviews for the first time in over a decade — The Justice Department and the Federal Trade Commission on Wednesday released a set of long-anticipated draft updates …
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| Yueqi Yang / Bloomberg: |
| Chris Welch / The Verge: |
| Katharine Gemmell / Bloomberg: |
| Gene Park / Washington Post: |
| Jon Gertner / New York Times: |
| Axios: |
| Todd Haselton / CNBC: |