Techmeme
February 21, 2024, 10:55 PM

Top News

Kif Leswing / CNBC:
Nvidia reports Q4 revenue up 265% YoY to $22.1B, vs. $20.62B est., Data Center revenue up 409% to $18.4B, Q1 revenue forecast above estimates; NVDA jumps 7%+  —  - Nvidia reported earnings after the bell that beat Wall Street expectations for earnings and sales, and said revenue during the current quarter would be better than expected.
Emilia David / The Verge:
Google releases Gemma 2B and 7B, open-source AI models that let developers more freely use the research that went into Gemini, its flagship closed-source model  —  Google has released Gemma 2B and 7B, a pair of open-source AI models that let developers use the research that went into its flagship Gemini more freely.
Matt Burgess / Wired:
Apple unveils PQ3, a post-quantum cryptographic protocol for iMessage built on the Kyber algorithm, launching in iOS 17.4, iPadOS 17.4, and macOS 14.4 in March  —  Useful quantum computers aren't a reality—yet.  But in one of the biggest deployments of post-quantum encryption so far, Apple is bringing the technology to iMessage.
Ryan Smith / AnandTech:
Intel's Direct Connect announcements: IFS rebranded to Intel Foundry, fab roadmap including 18A-P, 14A, Hybrid Bonding, five nodes in four years, and more  —  5 nodes in 4 years.  This is what Intel CEO Pat Gelsinger promised Intel's customers, investors, and the world at large back in 2021 …
Ian King / Bloomberg:
Carly Page / TechCrunch:
Researchers warn that hackers are exploiting ConnectWise's remote access tool via a flaw “embarrassingly easy” to exploit; ConnectWise has confirmed the attacks  —  “I can't sugarcoat it — this shit is bad," said Huntress' CEO  —  Security experts are warning that a high-risk vulnerability …
Juli Clover / MacRumors:
The US FDA warns that it has not “authorized, cleared, or approved any smartwatch or smart ring” that claims to measure blood glucose levels non-invasively  —  The United States Food and Drug Administration (FDA) does not want consumers to purchase or use smart watches or smart rings …
Sara Fischer / Axios:
BuzzFeed sells Complex, which it acquired for $300M in 2021, to livestream shopping platform Ntwrk for $108.6M; BuzzFeed plans to lay off 16% of its workforce  —  - The Wall Street Journal reported that BuzzFeed is also looking to possibly sell its social media food brand Tasty.
Todd Spangler / Variety:
Apple debuts Apple Sports, a free app offering scores and stats for the NBA, NHL, Premier League, and more, in the US, Canada, and the UK, on iOS 17.2 or later  —  Game on!  Apple launched a free standalone app for sports fans, Apple Sports, which is engineered to fire scores and stats to your iPhone as quickly as possible.
Reuters:
Taiwanese chip firms are moving to Japan as the China decoupling accelerates, with at least nine setting up shop or expanding operations over the past two years  —  Japan's efforts to rebuild its semiconductor industry are getting a shot in the arm as more and more Taiwanese chip companies expand here …
Anna Tong / Reuters:
Over 700 people, including AI experts and executives, sign an open letter calling for more regulation of deepfakes, including criminalizing deepfake child porn  —  Artificial intelligence experts and industry executives, including one of the technology's trailblazers Yoshua Bengio …
Corrie Driebusch / Wall Street Journal:
Sources: Reddit plans to reserve some of its IPO shares for 75K loyal users, an unusual move that could build loyalty, and list its shares on the NYSE in March  —  Social-media company intends to offer shares in the offering to 75,000 of its biggest users  —  Reddit plans to place a big chunk …
Christian Vasquez / CyberScoop:
Biden signs an EO to increase the cyber defenses of maritime ports via additional Coast Guard powers, invest $20B+ in infrastructure over five years, and more  —  President Joe Biden issued an executive order Wednesday morning aimed at increasing the defenses of maritime ports through additional authorities …
Counterpoint Research:
In a first, Apple had the seven best-selling smartphones globally in 2023, and Samsung had the next three; iPhone 14, 14 Pro Max, 14 Pro, and 13 were top four  —  - The combined market share of the top 10 smartphones in 2023 reached the highest ever at 20%, up from 19% in 2022.
Taylor Soper / GeekWire:
Techstars is shutting down its Seattle program, which was started in 2010, to shift focus on “hubs with the highest concentration of VC activity”  —  Techstars Seattle, one of the first accelerators to emerge from the Techstars program and a longstanding institution within Seattle's tech ecosystem, is shutting down.
The Information:
Source: Magic, which recently raised $117M and says its AI coding assistant has a larger context window than rivals', may have made an AI reasoning breakthrough  —  Former GitHub CEO Nat Friedman and his investment partner, Daniel Gross, raised eyebrows last week by writing a $100 million check to Magic …
Kate Irwin / PCMag:
Google says it's working to fix Gemini's “inaccuracies in some historical image generation depictions”, after some users complained about them  —  Controversy is swirling around Google's generative AI tool Gemini as some users complain that its historical depictions are not accurate.
Andrew Hayward / Decrypt:
Yuga Labs co-founder Greg “Garga” Solano announces he's returning as CEO of the company, replacing Daniel Alegre, who spent less than a year in the role  —  Big changes are coming as Greg “Garga” Solano takes the helm at Yuga Labs, apparently pushing out Daniel Alegre in the process.
Chance Miller / 9to5Mac:
Apple says the iPhone 15 lineup can retain up to 80% of its original battery capacity at 1,000 charge cycles, up from its original estimate of 500 charge cycles  —  In addition to changes to the Battery Health settings in iOS 17.4, Apple has more iPhone battery news to share today.

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