Techmeme
May 14, 2024, 10:15 AM

Top News

OpenAI on YouTube:
Kyle Wiggers / TechCrunch:
OpenAI unveils GPT-4o, a new flagship generative AI model that is faster and natively multimodal, rolling out for free to all ChatGPT users in the coming weeks  —  OpenAI announced a new flagship generative AI model on Monday which they call GPT-4o — the “o” stands for “omni,” …
Ina Fried / Axios:
Christopher Dring / GamesIndustry.biz:
Sony Interactive Entertainment announces two new CEOs: Hermen Hulst, who will lead studios, and Hideaki Nishino, who will lead platforms, effective June 1  —  Hulst will lead the Studios business, while Nishino takes charge of the platform side  —  News by Christopher Dring Head of Games B2B
Ryan Browne / CNBC:
Sony reports Q4 revenue up 14% YoY to ~$22.4B, above ~$18.5B est., operating profit up 57% YoY to ~$1.5B, and sold 20.8M PS5 units in FY 2023, below guidance  —  Sony on Tuesday reported a 7% drop in annual profits in the fiscal year 2023, dragged down by a decline in its financial services division.
Takashi Mochizuki / Bloomberg:
Square Enix falls 16%, the biggest decline in 13 years, after President Takashi Kiryu said sales of its big-budget games, exclusive to PlayStation, fell short  —  - Big titles released on PlayStation fell short, president says  — Games development overhaul seen taking time to bear fruit
David Pierce / The Verge:
Apple iPad Pro (2024) review: gorgeous screen, blazing performance with M4, thin, front camera is in the right spot, but iPadOS can't keep up with the hardware  —  Apple's latest high-end tablet is a marvel of hardware design still in need of the software and accessories to really make it sing.
Kylie Robison / The Verge:
Amazon CEO Andy Jassy says AWS CEO Adam Selipsky is stepping down, replaced by Matt Garman, effective June 3; Selipsky joined AWS in 2005 and became CEO in 2021  —  Adam Selipsky is stepping down, according to an internal memo. … AWS CEO Adam Selipsky is stepping down, effective June 3rd …
Juli Clover / MacRumors:
Apple releases iOS 17.5 with cross-platform detection of unwanted tracking devices, EU app downloads from websites, News+ features like offline mode, and more  —  Apple today released iOS 17.5 and iPadOS 17.5, major updates to the iOS 17 and iPadOS 17 operating system updates that came out last September.
Demetri Sevastopulo / Financial Times:
The US plans to sharply raise tariffs on imports from China including semiconductors, EVs, and batteries, impacting $18B of products; chip tariffs start in 2025  —  Action designed to protect American jobs, as Joe Biden campaigns for votes across rustbelt  —  The Biden administration …
Camomile Shumba / CoinDesk:
A Dutch judge finds Tornado Cash developer Alexey Pertsev guilty and sentences him to 64 months; Pertsev was jailed in August 2022 over alleged money laundering  —  Alexey Pertsev was first jailed in the Netherlands in August 2022.  —  Tornado Cash developer Alexey Pertsev has been found guilty …
Andy Greenberg / Wired:
Reuters:
The US orders China-linked crypto mining company MineOne to sell property the company bought near an Air Force base in Wyoming, citing a national security risk  —  The White House on Monday gave a Chinese-linked company and its partners 120 days to sell property they had bought near …
Washington Post:
How a new generation of tech founders and VCs are quietly pilgrimaging to the Gulf states' sovereign wealth funds, after some shunned Middle Eastern funding  —  The Biden administration has brokered the tech industry's ties to the region as a bulwark against China, helping spur a generation …
Washington Post:
Google's rollout of AI generated summaries in search will threaten web publishers; Gartner predicts traffic to the web from search engines will fall 25% by 2026  —  The tech giant is rolling out AI-generated answers that displace links to human-written websites, threatening millions of creators
Zheping Huang / Bloomberg:
Tencent reports Q1 revenue up 6% YoY to ~$22B, above ~$21.95B est., and net profit up 62% YoY to ~$5.8B, above ~$4.8B est., boosted by new WeChat monetization  —  - Prosus shares climb in Europe after results pass projections  — Gaming spending and time spent on video picked up last quarter

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The Logan Bartlett Show:
EP 108: Olivier Pomel (CEO, Datadog) Shares Every Lesson From Scaling to $40B
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More News

Ian King / Bloomberg:

Earlier Picks

Georgia Gee / Wired:
Kenrick Cai / Forbes:
Tom Warren / The Verge:
Ben Schoon / 9to5Google:
Kyle Wiggers / TechCrunch: