Techmeme
July 11, 2024, 12:20 AM

Top News

Ben Schoon / 9to5Google:
Samsung debuts the Galaxy Z Fold6, with a wider 22.1:9 display, up to 2,600 nits of brightness, a thinner frame, IP48, and seven years of updates, for $1,899  —  At an Unpacked event today in Paris, Samsung has officially unveiled its latest book-style foldable, the Galaxy Z Fold 6.
Ben Schoon / 9to5Google:
Samsung unveils the Galaxy Z Flip6 with 3.4" and 6.7" displays, a 50MP camera, a larger 4,000 mAh battery, and a Snapdragon 8 Gen 3, for $1,099+ from July 24  —  With its new Galaxy Z Flip 6, Samsung is addressing one of the biggest problems with its foldable flip phone, but in what is otherwise a fairly minor upgrade.
Victoria Song / The Verge:
Sam Rutherford / Engadget:
Yoolim Lee / Bloomberg:
Chance Miller / 9to5Mac:
Apple and Google expand on their data portability initiative to allow users of Google Photos to transfer their collections directly to iCloud Photos  —  Apple and Google have teamed up to introduce a new data portability tool that lets users transfer their Google Photos collections straight to iCloud Photos.
Brady Dale / Axios:
US prosecutors say crypto exchange BitMEX pled guilty to one count of Bank Secrecy Act violations by operating without an adequate AML program from 2015 to 2020  —  - U.S. agencies are paying attention now, and they are aggressively reviewing those early practices, as we've seen again and again recently.
Ryan Gould / Bloomberg:
Sources: Alphabet shelves efforts to acquire HubSpot after the sides failed to reach the point of detailed discussions around due diligence; HUBS plunges 10%+  —  - Parties didn't get to due-diligence stage in deal talks  — An acquisition would have been among the biggest this year
Foo Yun Chee / Reuters:
FTC source: Microsoft ditching its OpenAI board observer seat is unlikely to resolve concerns at the agency, which is conducting an antitrust review of AI deals  —  Microsoft (MSFT.O) has ditched its board observer seat at OpenAI in a move aimed at easing U.S. and UK antitrust regulators' concern …
Janko Roettgers / Lowpass:
Redbox owner Chicken Soup for the Soul Entertainment is granted Chapter 7 bankruptcy, paving the way for shutting down the company and liquidating its assets  —  Court hearing included allegations of fraud  —  Redbox is shutting down, corporate parent is being liquidated
Bloomberg:
Source: Apple aims to ship 90M+ iPhone 16 series devices in 2024, after shipping about 81M iPhone 15s in H2 2023, as it counts on AI services to boost demand  —  - It's counting on AI features to fuel demand for the iPhone 16  — China's AI regulations could create uncertainties for Apple
Evan Gorelick / Bloomberg:
OpenAI and Los Alamos National Laboratory announce a partnership to evaluate how multimodal AI models can be used safely by scientists in laboratory settings  —  - Study will look at risks, rewards of using AI for research  — AI startup has made several recent health and biotech deals
Brody Ford / Bloomberg:
Intuit plans to cut 10% of its global workforce, or ~1,800 employees, and rehire the same number, primarily in its engineering, product, and sales divisions  —  - Move affects 1,800 people; company will re-hire in other areas  — About 1,050 of the employees were dismissed due to performance
Akshat Rathi / Bloomberg:
Environmental report: Google stops buying carbon offsets and no longer maintains operational carbon neutrality, but still aims to hit net-zero emissions by 2030  —  The tech giant, which has seen its planet-warming emissions rise because of artificial intelligence, has stopped buying cheap offsets behind the neutrality claim.
New York Times:
Victoria Song / The Verge:
Samsung Galaxy Ring hands-on: the $400 ring has a titanium frame, optical heart rate and skin temperature sensors, feels slimmer than the Oura Ring, and more  —  The hardware is solid.  The ideas are intriguing.  So long as it holds up in testing, Samsung could have a winner.
James Frew / Tom's Guide:

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