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April 10, 2024, 4:45 PM
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memeorandum
WeSmirchTop News
| Emilia David / The Verge: |
Meta announces its next-generation Meta Training and Inference Accelerator chips for AI training, and says MTIA v1 and the new chips are both now in production — Meta promises the next generation of its custom AI chips will be more powerful and able to train its ranking models much faster.
More: Meta, Reuters, Meta, PYMNTS.com, MarkTechPost, Gulf News, TechCrunch, Constellation Research, Cryptopolitan, The Decoder, Quartz, Barron's Online, DatacenterDynamics, MSPoweruser, Maginative, Tech Startups, and Unite.AI
X: @thetechbrother and @aiatmeta
LinkedIn: Neeraj Agrawal, Dan Rabinovitsj, Tanmay Zargar, Santosh Janardhan, and Ajit Mathews
| Jeff John Roberts / Fortune: |
The US SEC sends decentralized crypto exchange Uniswap a Wells notice warning that the agency intends to bring an enforcement action against the company — The Securities and Exchange Commission warned Uniswap on Wednesday that it intends to bring an enforcement action against the company … | Amrita Khalid / The Verge: |
The FCC says all but the smallest ISPs must now publish broadband “nutrition labels” on all their plans, ending an eight-year battle between ISPs and the agency — Starting on Wednesday, all but the smallest ISPs will be required to publish broadband “nutrition labels” on all of their plans, the regulator announced.
More: Federal Communications Commission, USA Today, PCMag, Engadget, CNN, The Register, PCWorld, Washington Post, Mashable, Gizmodo, ExtremeTech, HotHardware, 9to5Mac, Tech Xplore, Total Telecom, Tech Brew, Liliputing, Light Reading, and Telecoms Tech News
X: @thogar, @potus, and @davidshepardson
Forums: r/technews, r/technology, and r/cordcutters
| Sarah Perez / TechCrunch: |
Google plans to make Magic Editor and other AI editing tools, previously limited to Pixel phones and paid users, available to all Google Photos users for free — Google Photos is getting an AI upgrade. On Wednesday, the tech giant announced that a handful of enhanced editing features previously limited …
More: The Keyword, The Verge, Engadget, Android Authority, PCWorld, CNBC, ZDNet, Trusted Reviews, Maginative, Android Headlines, TechRadar, Forbes, Digital Trends, Neowin, 9to5Google, Android Central, How-To Geek, Stuff, SamMobile, PetaPixel, PhoneArena, BGR, SamNews 24, Droid Life, The Indian Express, PiunikaWeb, Cryptopolitan, Macworld, Android Police, and MobileSyrup
X: @google, @richontech, @googlephotos, and @indianidle
| Sarah Fortinsky / The Hill: |
Rep. Adam Schiff introduced a bill that would require companies training generative AI models to disclose all of the copyrighted work they used to do so — Rep. Adam Schiff (D-Calif.) unveiled legislation on Tuesday that would require companies using copyrighted material to train …
More: Congressman Adam Schiff, The Guardian, The Verge, Decrypt, Billboard, Engadget, The Register, Fast Company, Music Ally, TweakTown, PetaPixel, Deadline, Gizmodo, and Digital Music News
| Tris Warkentin / Google for Developers Blog: |
Google adds Gemma variants CodeGemma, for code completion and generation tasks, and RecurrentGemma, to offer researchers faster inference at higher batch sizes — In February we announced Gemma, our family of lightweight, state-of-the-art open models built from the same research and technology used to create the Gemini models.
More: Thurrott, SiliconANGLE, SD Times, Maginative, The Decoder, Analytics India Magazine, PCMag, Google Cloud Blog, Hugging Face, Fierce Network, The Register, MarkTechPost, Google Cloud on YouTube, and Wall Street Journal
X: @nvidiaaidev, @jeffdean, @_philschmid, @clmt, @fchollet, and @samuelmlsmith
LinkedIn: Megan Risdal and Amin Vahdat
| Ben Thompson / Stratechery: |
More: Constellation Research and Beyond Search
Threads: @fredericl. X: @minimaxir, @stratechery, @levie, and @quinnypig. LinkedIn: Achintya Singhal
| Sankalp Phartiyal / Bloomberg: |
Sources: Apple assembled $14B worth of iPhones in India in the past fiscal year, doubling production YoY; Apple now makes as much as 14% of its iPhones in India — - It now assembles about 1 in 7 of its iPhones from India — That ramp-up suggests an accelerating shift from China
More: MacRumors, Business Today, Reuters, iClarified, iMore, iPhone in Canada Blog, Gizchina, Cult of Mac, Quartz, Business Times, CNBC, AppleInsider, 9to5Mac, The Mac Observer, TipRanks Financial, Silicon UK, GSMArena.com, PhoneArena, Hindustan Times, Mobile World Live, Yahoo Finance, and Channel NewsAsia
| Matt Day / Bloomberg: |
Amazon says it will stop paying developers to create Alexa apps and giving free AWS credits on June 30, 2024; developers can keep monetizing their apps via IAPs — - End of program scraps key element of effort to build app store — Google killed third-party apps for its Assistant in 2022
More: ZDNet, TechHive, PCMag, PYMNTS.com, The Verge, Engadget, Thurrott, and Business Post
Forums: r/homeassistant and Slashdot
| Reuters: |
Aloha Browser says its EU users jumped 250% in March 2024 after the DMA came into effect; Vivaldi, Ecosia, Brave, DuckDuckGo, and Opera also saw user growth — Independent browser companies in the European Union are seeing a spike in users in the first month after EU legislation forced Alphabet's Google …
More: Ars Technica, Six Colors, MacDailyNews, and Benzinga
Forums: Hacker News, Slashdot, and Ars OpenForum
| Bloomberg: |
Sources: SpaceX's accounting is more “art than a science”, often omitting costs of putting Starlink satellites in orbit to make numbers look better to investors — SpaceX celebrates the satellite business as a money-making venture fueling a quest to launch rockets and reach Mars.
More: Sherwood News and Notebookcheck
X: @kielporter, @deitaone, @kenkirtland17, and @edludlow
Forums: r/RealTesla and r/SpaceXLounge
| Bloomberg: |
Sources: ByteDance's EBITDA rose ~60% YoY in 2023 to $40B+ and its sales rose from $80B to nearly $120B, passing Tencent's revenue and profit for the first time — - Revenue at TikTok owner also grew substantially in 2023 — Company's US business is being challenged by lawmakers| Sheena Vasani / The Verge: |
Rakuten Kobo announces its first color e-readers, the $220 Kobo Libra Colour and the $150 Kobo Clara Colour, available for preorder now and shipping on April 30 — Rakuten Kobo is launching its first color e-readers, the Kobo Libra Colour and the Kobo Clara Colour.| Jagmeet Singh / TechCrunch: |
Checkr, a 10-year-old startup that offers employee background checks and was valued at $5B in April 2022, has laid off 382 employees, or 32% of its workforce — Checkr, a 10-year-old startup that offers employee background checks and was last valued at $5 billion in April 2022 … | Michael Roddan / The Information: |
Sources: ByteDance misled the Central Bank of Ireland in early 2023, after HSBC shut down the company's bank accounts following a money laundering probe — In early 2023, Irish banking regulators contacted ByteDance with a pointed question: Why was the Chinese internet giant and parent company … | Jess Weatherbed / The Verge: |
Adobe updates Frame.io, adding new workflow and tagging capabilities for project management, in beta for Free and Pro customers on the web, iOS, and iPadOS — Adobe has introduced the latest version of Frame.io, overhauling the cloud-based media collaboration service with oodles of new workflow …
More: ZDNet, TechCircle, Frame.io Insider, Benzinga, PetaPixel, and Forbes
| Kurt Wagner / Bloomberg: |
Marketers complain about ad performance issues on Meta's platforms over the past few months, saying ad campaign costs are up significantly while sales are down — Marketers on Facebook and Instagram notice glitches, higher prices and poorer returns on the once-reliable network
More: Search Engine Land and HBR.org
| Wall Street Journal: |
How Ukraine deemed US startups' drones glitchy and pricey, and turned to cheaper Chinese drones; PitchBook: ~300 US drone startups have raised ~$2.5B since 2022 — Drones from American startups have been deemed glitchy and expensive, prompting Ukraine to turn to alternatives from China
More: Defense One, DroneDJ, Forbes, and Livemint
Forums: r/UkrainianConflict, r/technology, r/UkraineWarVideoReport, and r/real_China_irl
| Allie Garfinkle / Fortune: |
Israeli cloud security startup Wiz acquires cloud detection and response startup Gem Security, sources say for $350M, after acquiring dev platform Rafft in 2023 — The first time Gili Raanan ever gave Assaf Rappaport a big check, it was in a gas station. — “It was a convenience store … | Vinod Khosla / Financial Times: |
The US is right to target TikTok and prevent a foreign adversary from controlling a platform to deploy “persuasive AI” that can manipulate US citizens and more — Chinese control of a powerful ‘persuasive AI’ tool cannot be tolerated — The writer is the founder of Khosla Ventures
X: @vkhosla, @tabby_kinder, and @harshil
| Jane Lanhee Lee / Bloomberg: |
TSMC reports Q1 revenue up 16.5% YoY to ~$18.5B and expects revenue to grow 20%+ in 2024, reversing 2023's slight decline, and a $28B to $32B capex in 2024 — That outperformance lends weight to expectations that the world's most valuable chipmaker will return to solid growth this year …
More: TSMC, The Register, Benzinga, Investor's Business Daily, and Reuters
| Mike Wheatley / SiliconANGLE: |
Madrid-based big data observability startup Onum, which launched in 2023, raised a $28M Series A led by Dawn Capital, with participation from Insight and Kibo — Big data observability startup Onum said today it's ready to accelerate its ambitious growth plans after closing on a $28 million early-stage round of funding.
More: Tech Funding News, Onum, Tech.eu, and Sifted
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