| Emilia David / The Verge: |
Microsoft debuts Phi-3 Mini, a small 3.8B-parameter model about as capable as GPT-3.5, and plans Phi-3 Small and Phi-3 Medium models with 7B and 14B parameters — Microsoft launched the next version of its lightweight AI model Phi-3 Mini, the first of three small models the company plans to release.| Ming-Chi Kuo: |
Sources: Apple cut 2024 Vision Pro shipments to 400K-450K units, vs. a 700K+ market consensus, and US demand has “fallen sharply beyond expectations” — My latest survey is as follows: — Apple has cut its 2024 Vision Pro shipments to 400-450k units (vs. market consensus of 700-800k units or more).| Victoria Song / The Verge: |
Meta rolls out multimodal AI in early access for the Ray-Ban Meta Smart Glasses, mainly to help identify objects, translate signs, and write Instagram captions — When the Ray-Ban Meta Smart Glasses launched last fall, they were a pretty neat content capture tool and a surprisingly solid pair of headphones.| Victoria Song / The Verge: |
Meta's Ray-Ban Smart Glasses get support for video calling via WhatsApp and Messenger, hands-free Apple Music controls, and a new frame style — Meta just announced a slew of new updates for its Ray-Ban Meta Smart Glasses. CEO Mark Zuckerberg just dropped an Instagram reel showing off … | Quentyn Kennemer / The Verge: |
Apple schedules a “special Apple Event” for May 7 at 10am ET, where new iPads are expected; rumors suggest the iPad Pro will get an OLED display and an M3 chip — After kicking off 2024 with the launch of the Vision Pro, the next act in Apple's 2024 script is a May product launch event.| Kashmir Hill / New York Times: |
Not only has GM sold driving data to insurers without telling users, but a GM app “bug” meant users who were enrolled in Smart Driver were told they weren't — This privacy reporter and her husband bought a Chevrolet Bolt in December. Two risk-profiling companies … | Wall Street Journal: |
The FTC bans noncompete clauses that restrict job switching, the first time in 50+ years that the FTC has issued a regulation mandating an economy-wide change — Move sets up high-stakes legal clash with business groups over the agency's power — WASHINGTON—The Federal Trade Commission … | Sara Dorn / Forbes: |
The US Senate advances the bill forcing a sale or ban of TikTok, preparing for a final vote on the bill as soon as Tuesday evening — The Senate is all but certain to pass the House-approved package that could ultimately ban TikTok if its China-based parent company doesn't sell the app … | Dave Lee / Bloomberg: |
| Counterpoint Research: |
iPhone sales in China fell 19.1% YoY to a 15.7% share in Q1 2024; Vivo fell 0.4% YoY to 17.4%, Honor rose 11.5% YoY to 16.1%, and Huawei rose 69.7% YoY to 15.5% — - China's smartphone sales grew 1.5% YoY and 4.6% QoQ in Q1 2024, marking the second consecutive quarter of positive YoY growth.| Wall Street Journal: |
Sources: IBM is nearing an acquisition of HashiCorp, which helps companies manage cloud infrastructure, in the coming days; HashiCorp's stock jumps 22%+ — . — The details — A deal for HashiCorp could come together in the coming days, according to people familiar with the matter.| Shirin Ghaffary / Bloomberg: |
Perplexity AI, which offers an AI chatbot that summarizes search results, raised ~$63M led by Daniel Gross at a $1B+ valuation, up from $520M in January 2024 — Perplexity's valuation has doubled in three months in a clear sign of investor enthusiasm for the company's artificial intelligence chatbot.| Jess Weatherbed / The Verge: |
Adobe adds AI tools powered by its new Firefly Image 3 model to Photoshop, including Reference Image to inspire the AI's output, available in beta on desktop — Adobe is adding some new generative AI tools to its Photoshop creative software that aim to give users additional ways to control the designs they generate.| Reuters: |
Analysis: 10 Chinese entities acquired advanced Nvidia chips embedded in Supermicro, Dell, and Gigabyte products from November 20, 2023, to February 28, 2024 — Chinese universities and research institutes recently obtained high-end Nvidia (NVDA.O) artificial intelligence chips through resellers … | Ashley Carman / Bloomberg: |
Spotify reports Q1 revenue up 20% YoY to €3.6B, MAUs up 19% YoY to 615M, below 617.9M est., subscribers up 14% YoY to 239M, and a €168M operating income — - Subscribers to paid Spotify tiers jumped 14% to 239 million — Swedish audio-streaming company posted record operating profit| Washington Post: |
Google fires ~20 more staff the company says participated in protests denouncing an Israeli cloud contract; an activist workers' group says the total is now 50+ — Some employees protested the tech giant's contract with the Israeli government. They've been let go.
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