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April 25, 2024, 4:55 AM
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| 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.
More: Bloomberg, The Economic Times, Benzinga, CoinGape, City A.M., PYMNTS.com, YourStory, The Crypto Times, Business Insider, Business Insider, Constellation Research, Android Central, Shacknews, This is Money, The Information, New York Times, Investing.com, StreetInsider.com, Reuters, and Variety
Threads: @mranthropology. X: @munster_gene, @munster_gene, @munster_gene, @mikeisaac, @kelseyhightower, @munster_gene, @mikeisaac, @supbagholder, @swiftstories, @thetranscript_, @eric_seufert, @eric_seufert, @tidefallcapital, @richlightshed, @conorsen, @eric_seufert, and @mikeisaac. LinkedIn: Andy Barr. Forums: Hacker News
| Alex Heath / The Verge: |
Mark Zuckerberg says Meta AI assistant has been “tried” by “tens of millions of people” and making money from generative AI will take Meta several years — The generative AI gold rush is underway — just don't expect it to create profits anytime soon.| Ashley Capoot / CNBC: |
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| Karissa Bell / Engadget: |
More: TechCrunch, Neowin, Benzinga, The Verge, and Business Insider
Threads: @alexheath, @wongmjane, @parkerortolani, and @kalihays1
| Alex Koller / CNBC: |
More: Silicon Republic, MIXED Reality News, Shacknews, Proactive, and MarketWatch
Mastodon: @parismarx@mastodon.online. X: @cap_zay, @brandolightshed, @jason_kint, @ballmatthew, @lamonicabuzz, @ballmatthew, and @qcapital2020
Forums: r/technology and r/Economics
| 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 …
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Threads: @jbillinson, @ezeekat, @jw, @alexheath, and @vishwanathsarang
X: @tiktokpolicy, @potus, @tiktokpolicy, @cinemasai_, @maxwinebach, @adamkovac, @ashleevance, @themaxburns, @ldrogen, @micsolana, @rlheinrichs, @munster_gene, @kyurieff, @blackleftaf, @michaelsobolik, @aripap, @megabasedchad, @repdancrenshaw, @alexgrayforok, @michaelsobolik, @nathanleamerdc, @djvlad, @jeromysonne, @michaelsobolik, @kellymakena, @alyssafarah, @aghamilton29, @steventdennis, @mtracey, @danprimack, @jameeljaffer, @viacristiano, @ddimolfetta, @carnage4life, @mkraju, @brendancarrfcc, @yashar, @alexbarinka, @deedydas, @viacristiano, @therecount, @drjessmaddox, @deanbaker13, and @hankgreen. LinkedIn: Zack Stern
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Threads: @davechensky. Mastodon: @profcarroll@federate.social. X: @brendancarrfcc, @sapna, @sapna, @sapna, @nathanleamerdc, and @sapna
| Alex Barinka / Bloomberg: |
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| M.G. Siegler / Spyglass: |
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| Will Oremus / Washington Post: |
More: Werd I/O and CNBC
Threads: @kbode. Bluesky: @darrigomelanie.bsky.social. X: @mike_from_pa, @jbulltard1, and @willoremus
| 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.
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LinkedIn: Lodi Hensen and Alexander Viftrup Andersen
Forums: r/technology, r/netsec, r/privacy, and Slashdot
| Ben Glickman / Wall Street Journal: |
IBM agrees to buy HashiCorp, which helps companies manage cloud infrastructure, in a deal valuing HashiCorp at $6.4B and expected to close by the end of 2024 — IBM will pay $35 a share for the cloud-software company in cash, giving it access to HashiCorp's roster of some 4,400 clients
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Mastodon: @megmac@social.treehouse …. Bluesky: @permadeath.com. X: @devnetdan, @armon, @semil, @geerlingguy, @hashicorp, @a2d2, @melvinmonetary, @rakyll, and @kelseyhightower
| Jordan Novet / CNBC: |
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| Bob Van Voris / Bloomberg: |
US prosecutors charge two founders of Samourai Wallet, saying the crypto mixing service 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’
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Forums: r/Monero and r/ethtrader
| Shubham Sharma / VentureBeat: |
Apple researchers share OpenELM, a family of LLMs with 270M to 3B parameters, designed to run on-device, and pre-trained and fine-tuned on public datasets — Just as Google, Samsung and Microsoft continue to push their efforts with generative AI on PCs and mobile devices …
More: Apple on Hugging Face, MacRumors, arXiv.org, 9to5Mac, AppleInsider, Hindustan Times, MSPoweruser, NewsBytes, Philip Elmer‑DeWitt, The Information, SiliconANGLE, The Register, The Verge, and Simon Willison's Weblog
Threads: @paul_rietschka. X: @sbeastwindy, @nickadobos, @parkerortolani, @simonw, @burkov, @max_paperclips, @awnihannun, @simonw, @simonw, @_akhaliq, @thom_wolf, @pcuenq, @arankomatsuzaki, @clementdelangue, and @morastegari
Forums: Hacker News, Hacker News, r/LocalLLaMA, and MacRumors Forums
| David Pierce / The Verge: |
Hands-on with the Rabbit R1: a fun and funky AI device that feels pretty nice and does a solid job with basic AI questions, but the Rabbithole app is unfinished — There were times I wasn't sure the Rabbit R1 was even a real thing. The AI-powered, Teenage Engineering-designed device came …
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| Shubham Sharma / VentureBeat: |
Snowflake announces Arctic, an LLM optimized for enterprise tasks such as SQL generation, coding, and instruction following, with an Apache 2.0 license — Today, Snowflake announced the launch of Arctic, a large language model (LLM) optimized for complex enterprise workloads such as SQL generation …
More: Snowflake, MSPoweruser, ITPro, Barron's Online, CIO Dive, ZDNet, InfoWorld, TechCrunch, and SiliconANGLE
| Kyle Wiggers / TechCrunch: |
AI coding assistant startup Augment emerges from stealth with a $227M Series B at a $977M post-money valuation, following a $25M Series A led by Sutter Hill — AI is supercharging coding — and developers are embracing it. — In a recent StackOverflow poll, 44% of software engineers … | CNBC: |
Cloud data management startup Rubrik priced its NYSE IPO at $32 per share, above its expected $28 to $31 range, raising $752M and valuing the company at $5.6B — Bipul Sinha, co-founder and CEO of data security software company Rubrik. Sinha previously backed cloud management company Nutanix.
More: Bloomberg, Reuters, Wall Street Journal, The Information, Fortune, CRN, SiliconANGLE, and Barron's Online. X: @lesliepicker
| Cheng Ting-Fang / Nikkei Asia: |
TSMC unveils a new chip manufacturing technology called A16, and says the company plans to start producing its ultra-advanced 1.6nm chips by 2026 — Taiwan chip titan aims to secure leading position and capture AI demand — TAIPEI — Taiwan Semiconductor Manufacturing Co …
More: Reuters, TweakTown, TrendForce Insights, and TSMC
| Foo Yun Chee / Reuters: |
TikTok suspends the rewards program in TikTok Lite while the company tries to resolve EU concerns over the potentially addictive nature of Lite 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.| 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 …
More: Ars Technica, Qualcomm, Business Today, VentureBeat, ZDNet, AnandTech, MSPoweruser, 9to5Google, Sam Lover, PCMag, HotHardware, Forbes, XDA Developers, Thurrott, Tomshardware, and Tom's Hardware
X: @vadimyuryev, @edludlow, @unixterminal, @g_schneemann, @daniel_rubino, @sean_endicott_, @theunlockr, @snapdragon, and @tomwarren. LinkedIn: Brent Summers. Forums: r/technology
| Charlie Demerjian / SemiAccurate: |
More: PhoneArena and Macworld
X: @kepler_l2, @aadetugbo, @cdemerjian, and @ghost_motley
Forums: r/hardware and Slashdot
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