| Amazon: |
Amazon reports Q2 revenue up 11% YoY to $134.4B, a $6.7B net income, vs. a $2B net loss YoY, AWS revenue up 12% YoY to $22.1B; AMZN jumps 6%+ — Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2023. - Net sales increased 11% … | Shubham Kalia / Reuters: |
Agence France-Presse sues X in Paris for refusing to discuss potential content distribution payments under a 2019 law; Elon Musk calls the lawsuit “bizarre” — said on Wednesday it filed a lawsuit in Paris against Elon Musk's X social media platform, formerly known as Twitter … | Amanda Marcotte / Salon: |
| Elon Musk / @elonmusk: |
| Arjun Kharpal / CNBC: |
Nintendo Q1: revenue up 50% YoY to ~$3.2B and net profit up 52% YoY to ~$1.3B, driven by The Super Mario Bros. Movie, the new Zelda, and Switch sales up 13.9% — - Nintendo reported revenue for the June quarter of 461.34 billion yen ($3.2 billion), rising 50% year-on-year.| Brian Fung / CNN: |
Sensor Tower: Threads' DAUs fell to 8M on July 31, down 82% from launch; the daily average time spent fell from 19 minutes per day at launch to 2.9 on August 1 — Threads, Meta's Twitter rival, is struggling to retain users roughly a month after its highly publicized launch … | Kris Holt / Engadget: |
Google expands its privacy tools, including to alert users when their personal info appears in Search and to remove consensual explicit images from Search — The company will soon blur explicit imagery in results by default too. — Google has announced several updates to Search aimed … | Andrew Tarantola / Engadget: |
IBM, HuggingFace, and NASA release an open-source geospatial foundation model to support new climate and Earth science AIs that can track deforestation and more — The open-source model will serve as the basis for future forest, crop and climate change-monitoring AI.| TechCrunch: |
India restricts importing laptops, tablets, PCs, and servers, effective immediately; analysts say the move appears aimed at boosting local tech manufacturing — India restricted import of laptops, tablets, other personal computers and servers with immediate effect on Thursday … | Jess Weatherbed / The Verge: |
Brave Search updates its image and video search to use Brave's own index rather than Bing's or Google's; some advanced search capabilities are still absent — Brave, best known for its privacy-focused web browser, is adding image and video search to Brave Search that now relies … | CyberScoop: |
Amit Yoran, the CEO of cybersecurity risk management company Tenable, says Microsoft partially fixed an Azure flaw that could let hackers access sensitive data — Cybersecurity veteran Amit Yoran says Microsoft has a culture of toxic obfuscation when it comes to addressing security threats.| Ryan Smith / AnandTech: |
AMD announces the Radeon Pro W7600 for $599, $50 cheaper than its predecessor, and the W7500 for $429, both based on its new Navi 33 GPU, available later in Q3 — As AMD continues to launch their full graphics product stacks based on their latest RDNA 3 architecture GPUs … | Bloomberg: |
Hong Kong grants its first crypto licenses to HashKey Exchange and OSL, legalizing retail trading of tokens as city officials seek to foster a global crypto hub — - Hong Kong is seeking to develop a digital-asset center — City's pivot has received a guarded welcome from firms| Devin Coldewey / TechCrunch: |
The FCC fines a multi-national robocaller, which placed 5B+ calls pretending to sell auto warranties to collect people's personal information, a record $300M — The FCC's robocaller penalties are growing as the agency tracks down and terminates their operations — this time resulting in a record $300 million forfeiture.| Kyle Wiggers / TechCrunch: |
Kickstarter plans to require that creators disclose if their projects use AI tools or any training data if they intend to develop AI tech, starting on August 29 — As generative AI enters the mainstream, crowdfunding platform Kickstarter has struggled to formulate a policy that satisfies parties on all sides of the debate.| Wall Street Journal: |
Internal doc: Meta sold 300K Ray-Ban Stories smart glasses between the device's September 2021 launch and February 2023, but the wearable only had ~27K MAUs — Company plans second generation as less than 10% of devices purchased are used monthly — The Ray-Ban smart glasses launched … | Mia Sato / The Verge: |
Patreon temporarily disables Payoneer payments after some creators were unable to access their earnings and some banks flagged subscriber payments as fraudulent — Two simultaneous issues with payments on Patreon are causing problems for both creators and fans.| GPU Utils: |
An in-depth look at GPU supply and demand, particularly Nvidia H100s, how relying on TSMC can cause bottlenecks, H100 clients, Nvidia's allocations, and more — Introduction — As of August 2023, it seems AI might be bottlenecked by the supply of GPUs. … Is There Really A Bottleneck?| Krystal Hu / Reuters: |
CoreWeave, which offers Nvidia GPUs in the cloud, raised $2.3B in debt, collateralized by Nvidia chips; CoreWeave has raised $421M in equity so far in 2023 — Specialized cloud provider CoreWeave has raised $2.3 billion in a debt facility led by Magnetar Capital and Blackstone (BX.N) … | Claire Moses / New York Times: |
After Dutch e-bike maker VanMoof declared bankruptcy, owners of its $2,000+ bikes worry about replacing proprietary parts and losing app-enabled bike functions — VanMoof's sleek electric bikes attracted fans, but the Dutch company's demise has left owners unable to get repairs and worried that app-enabled functions may stop working.| New York Times: |
How some people use “date-me docs”, online shareable documents akin to newspaper personal ads, to look for more meaningful connections than those in dating apps — Writers of the online text profiles, which can read like 1,000-word versions of the personal ads of yore … | Haleluya Hadero / Associated Press: |
Amazon expands Twitch's ban on livestreams of gambling content to include online casinos Blaze and Gamdom; gambling viewership fell ~75% after its ban in 2022 — Amazon-owned Twitch said Wednesday it's expanding the ban on livestreams of gambling content on the platform.
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| Mary Ann Azevedo / TechCrunch: |
| Patricia Nilsson / Financial Times: |
| Mike Wheatley / SiliconANGLE: |
| Cristina Criddle / Financial Times: |
| Zeba Siddiqui / Reuters: |
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| Jacob Bogage / Washington Post: |
| Emilia David / The Verge: |