| Lauren Feiner / The Verge: |
President Biden signs the ByteDance-TikTok divest-or-ban bill into law, after the Senate passed it by 79-18; the House passed the legislation 360-58 on April 20 — The divest-or-ban bill is now law, starting the clock for ByteDance to make its move. The company has an initial nine months … | Alex Barinka / Bloomberg: |
Biden signing the TikTok divestment bill starts a 270-day countdown for a sale or a US prohibition; sources say ByteDance sees a divestiture as a last resort — - China's ByteDance faces deadline to sell app under new US law — Company braces for legal fight against divest-or-ban efforts| New York Times: |
| Casey Newton / Platformer: |
| Monica Alba / NBC News: |
| Will Oremus / Washington Post: |
| Meta Investor Relations: |
Meta reports Q1 revenue up 27% YoY to $36.46B, net income up 117% YoY to $12.37B, and family daily active people up 7% YoY to 3.24B for March 2024 — Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended March 31, 2024.| Joanna Nelius / The Verge: |
Qualcomm details its Snapdragon X Plus and X Elite chips; benchmarks from a demo suggest the chips match Apple's M3, Intel's Core Ultra 9, and AMD's Ryzen 9 — On Wednesday, Qualcomm announced the impending arrival of its Snapdragon X Plus laptop processor alongside more information … | Charlie Demerjian / SemiAccurate: |
Sources: Qualcomm is cheating on Snapdragon X Plus and Elite benchmarks given to OEMs and the press; the numbers are not achievable with the claimed settings — Opinion: Why do they keep digging? — Qualcomm is cheating on the Snapdragon X Plus/Elite benchmarks given to OEMs and the press.| Tom Warren / The Verge: |
Microsoft begins rolling out Windows 11 Start menu ads that show app “recommendations” from “a small set of curated developers”; users can disable the ads — Microsoft is starting to enable ads inside the Start menu on Windows 11 for all users.| Andy Greenberg / Wired: |
Cisco details a hacking campaign that penetrated multiple governments' networks using two zero-day flaws in its VPN and firewall Adaptive Security Appliances — Sources suspect China is behind the targeted exploitation of two zero-day vulnerabilities in Cisco's security appliances.| Meir Orbach / CTech: |
Nvidia acquires AI infrastructure orchestration and management service Run:ai, a source says for ~$700M; Run:ai, founded in 2018, had raised $118M to date — Run:ai enables enterprise customers to manage and optimize their compute infrastructure, whether on premises, in the cloud or in hybrid environments.| Bob Van Voris / Bloomberg: |
US prosecutors charge two founders of the Samourai Wallet crypto mixing service, saying it facilitated more than $100M in money laundering transactions — - US prosecutors say Samourai Wallet was ‘haven for criminals’ — Europol has said crypto mixing services are a ‘top threat’| Shubham Sharma / VentureBeat: |
Apple debuts OpenELM, a family of language models with 270M, 450M, 1.1B, and 3B parameters, designed to run on-device, pre-trained and fine-tuned on public data — Just as Google, Samsung and Microsoft continue to push their efforts with generative AI on PCs and mobile devices … | Brian McGleenon / The Block: |
Worldcoin subsidiary World Assets plans to sell WLD tokens to meet the demand for orb-verified World IDs and support Worldcoin network growth; WLD drops 7%+ — - Worldcoin says its subsidiary World Assets may routinely sell WLD tokens to meet increasing demand for orb-verified World IDs and support network growth.| Nikhilesh De / CoinDesk: |
The US DOJ argues Binance founder Changpeng Zhao should spend three years in prison and pay $50M for helping Binance violate sanctions and money laundering laws — The DOJ wants Zhao to serve 36 months after his guilty plea last year. — Binance's founder and former chief executive … | Aisha Malik / TechCrunch: |
WhatsApp rolls out passkey support on iOS, removing the need for users to deal with SMS one-time passcodes, six months after introducing the feature on Android — WhatsApp is introducing support for passkey verification on iOS, removing the need for users to deal with SMS one-time passcodes.| Edward Zitron / Ed Zitron's Where's Your Ed At: |
Emails released as part of US v. Google show how Google's finance and ad teams led by Prabhakar Raghavan made Search worse to make the company more money — This is the story of how Google Search died, and the people responsible for killing it. — The story begins on February 5th 2019 … | Sergiu Gatlan / BleepingComputer: |
The US OFAC sanctions four Iranian nationals over cyberattacks on the US government, defense contractors, and private companies, and the DOJ unseals indictments — The Treasury Department's Office of Foreign Assets Control (OFAC) has sanctioned four Iranian nationals for their involvement … | Kate Clark / The Information: |
Source: Cognition, which offers an AI coding assistant, raised $175M led by Founders Fund at a $2B valuation, a month after a Series A at a $350M valuation — The promise of a chatbot that can write and fix code has attracted repeat investments in a six-month-old startup—even after it appeared to flub its product launch.| Foo Yun Chee / Reuters: |
TikTok is suspending the rewards program in TikTok Lite while it tries to resolve EU concerns about the potentially addictive nature of the program for children — TikTok will voluntarily suspend its new app TikTok Lite's reward programme while it tries to resolve EU concerns, the company said on X social media platform on Wednesday.| Ingrid Lunden / TechCrunch: |
Stripe says some of its products will be available to companies that are using other payments providers, and unveils new embedded finance features and AI tools — Stripe continues to hold the title of being the biggest financial technology business still in private hands … | Wall Street Journal: |
US companies racing to build data centers to serve AI demand is causing a shortage of parts, property, and power; cooling system lead times are now 5x longer — Supply bottlenecks slow the scramble to build bigger, more powerful facilities| The Pragmatic Engineer: |
A deep dive into how Bluesky is built, including its growth from three engineers to 12 in just over two years and its infrastructure move from AWS to on-prem — Bluesky is built by around 10 engineers, and has amassed 5 million users since publicly launching in February this year.
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| Adam Iscoe / New Yorker: |
| Nami Matsuura / Nikkei Asia: |
| MacKenzie Sigalos / CNBC: |
| Seb Joseph / Digiday: |
| Wall Street Journal: |