| 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 … | 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.| 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| 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 … | Emily Nicolle / Bloomberg: |
France designates Societe Generale'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| 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| 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.| Todd Haselton / CNBC: |
Microsoft's stock closed up 4% at $359.49 on July 18, an all-time high, after announcing Microsoft 365 Copilot's subscription pricing; MSFT is up 45%+ in 2023 — - Microsoft shares rallied to an all-time high after the company announced pricing for its new Microsoft 365 artificial intelligence subscription service.| 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| Gene Park / Washington Post: |
A look at “non-playable character” TikTok creators, like Pinkydoll, who livestream themselves saying phrases and doing robotic actions repetitively for tips — On TikTok, a woman named Pinkydoll with a thousand-yard stare faces you, undulating just enough to let you know she's alive.| 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| 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 … | 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.| 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.| 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 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.| Bloomberg: |
Sources: former FTX COO Zhe “Constance” Wang joined crypto VC firm Sino Global Capital; Wang has not been accused of wrongdoing in FTX's or Alameda's collapses — - Wang worked at Credit Suisse and Huobi before joining FTX — Wang held COO position at FTX up until the exchange collapsed| Chris Welch / The Verge: |
Beats Studio Pro review: headphones with a good transparency mode, lossless USB-C audio, and native iOS and Android support, but a subpar build quality for $350 — They look like a lazy refresh from the outside, but the noise-canceling Studio Pros include a ton of new features like transparency mode and lossless USB-C audio.| Axios: |
Sources: Vox Media plans to stop using Chorus, its CMS that the company licensed to external publishers from 2018 to 2022, and move its websites to WordPress — Vox Media, the parent company to websites such as New York Magazine, Eater and SB Nation, will no longer use Chorus … | Brandy Betz / CoinDesk: |
Miami-based Cosmic Wire, which sells blockchain infrastructure and metaverse creation tools, raised a $30M seed led by the Solana Foundation and Polygon — The startup offers metaverse creation tools and a list of general blockchain infrastructure solutions.| Katharine Gemmell / Bloomberg: |
The UK CMA provisionally clears Broadcom's $61B VMware acquisition, after finding that the deal “would not harm competition”; the deal still needs US approval — - CMA looks to clear technology deal after an in-depth review — The decision follows a green light from its EU counterpart| Manish Singh / TechCrunch: |
Telegram raised $210M through bond sales, more than two years after raising $1B+ in debt financing; CEO Pavel Durov “personally bought” ~25% of the new bonds — Telegram has raised $210 million through bond sales this week from a number of investors, including its founder … | Kyle Wiggers / TechCrunch: |
Sacramento-based Unstructured, which offers a service to extract and stage enterprise data in a way that LLMs can use, raised $25M across a Series A and seed — Large language models (LLMs) such as OpenAI's GPT-4 are the building blocks for an increasing number of AI applications.
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