Techmeme
May 14, 2024, 3:20 PM

Top News

Devindra Hardawar / Engadget:
Google debuts Veo, a text-to-video model that outputs at 1080p resolution, and Imagen 3, its highest quality image generation model with improved text rendering  —  It's also targeting recording artists with Music AI Sandbox.  —  It's all AI all the time at Google I/O!
Cherlynn Low / Engadget:
Frederic Lardinois / TechCrunch:
Umar Shakir / The Verge:
Pranav Dixit / Engadget:
Google on YouTube:
Barry Schwartz / Search Engine Land:
Google will roll out AI overviews in search to all US users, starting this week, and in more countries soon; they will be available to 1B+ users by end of year  —  AI Overviews is rolling out to all US based searchers in Google Search, making AI Overviews available to hundreds of millions …
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  —  Matt Garman, the SVP of AWS sales, marketing, and global services at Amazon, will replace Selipsky as CEO.
Julian Chokkattu / Wired:
Google says Circle to Search can now solve physics and math problems, and will expand later this year to diagrams and graphs, powered by LearnLM models  —  Google's new upgrades to Gemini and Circle to Search offer a look at how the operating system might change and revolve around artificial intelligence.
Frederic Lardinois / TechCrunch:
Google says Gemini Nano is now built into Chrome on desktop, with plans to use it to power features like the existing “help me write” tool  —  At the Google I/O 2024 developer conference on Tuesday, Google announced that it is building Gemini Nano, the smallest of its AI models …
Cherlynn Low / Engadget:
Todd Spangler / Variety:
Comcast CEO Brian Roberts says Comcast plans to launch StreamSaver, a bundle of Peacock, Netflix, and Apple TV+, later this month at a “vastly reduced price”  —  Get ready for the next cable-like streaming bundle: Comcast later this month will launch a three-way bundle …
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 20.8M PS5 units sold 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.
Christopher Dring / GamesIndustry.biz:
Demetri Sevastopulo / Financial Times:
The US plans to sharply raise tariffs on imports from China, including chips, EVs, and batteries, impacting $18B of products; chip tariffs will double from 2025  —  Action designed to protect American jobs, as Joe Biden campaigns for votes across rustbelt  —  The Biden administration …
Ingrid Lunden / TechCrunch:
Meta plans to shut down its enterprise tool Workplace in September 2025, making it read-only until May 2026; Workplace had 7M+ paid subscribers in May 2021  —  Facebook once had big ambitions to be a major player in enterprise communication and productivity, but today the social network's parent company Meta …
Camomile Shumba / CoinDesk:
A Dutch judge finds Tornado Cash developer Alexey Pertsev guilty and sentences him to 64 months for money laundering; Pertsev was first jailed in August 2022  —  Alexey Pertsev was first jailed in the Netherlands in August 2022.  — Tornado Cash developer Alexey Pertsev was sentenced to 64 months in jail for money laundering
Takashi Mochizuki / Bloomberg:
Square Enix's stock falls 16%, its biggest decline in 13 years, after President Takashi Kiryu said sales of its AAA games, exclusive to PlayStation, fell short  —  - Big titles released on PlayStation fell short, president says  — Games development overhaul seen taking time to bear fruit
Bloomberg:
Polymarket, a decentralized prediction and betting market with a focus on elections, has raised $70M across two rounds, the most recent led by Founders Fund  —  - Founders fund, Buterin Back $70 Million Polymarket fundraising  — Polymarket has become a major platform for election bettors

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More News

Ethan Mollick / One Useful Thing:

Earlier Picks

Ina Fried / Axios:
Reuters:
David Pierce / The Verge: