Techmeme
August 3, 2023, 4:45 PM

Top News

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% …
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 …
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.
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 …
Apple:
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 …
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 …
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.
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
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.
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 …
Amanda Marcotte / Salon:
Some experts say trolls who built businesses and media careers on Twitter have had to escalate their shock value tactics as “normal people” continue to leave  —  Elon Musk's business model depends on “triggering” liberals — but he's now running out of progressives to bait
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 …
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?
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.
More: Zag Daily and Silicon Canals
Mastodon: @rationaldoge@hachyderm.ioTwitter: @fdcox and @jkaraianLinkedIn: Jonah Wagner
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) …
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.
Parth M.N. / Wired:
India's months-long internet shutdown in the state of Manipur from May 4 did not stop ethnic violence and instead provided cover for murders, rapes, and arson  —  Since May 4, the Indian government has shut off the internet in Manipur, giving cover to murders, rapes, and arson.
Threads: @carnage4lifeMastodon: @carnage4life@mas.toTwitter: @peterguest, @shakirmir, and @gregwilliams718

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