| Nick Robins-Early / The Guardian: |
Insurer Parametrix estimates that the global outage sparked by CrowdStrike's faulty update will cost US Fortune 500 companies, excluding Microsoft, $5.4B — Banking and healthcare firms, major airlines expected to suffer most losses, according to insurer Parametrix| Emanuel Maiberg / 404 Media: |
Reddit appears to be blocking search engines that don't rely on Google's indexing; Bing, DuckDuckGo, and others are not showing recent results from Reddit — DuckDuckGo, Bing, Mojeek, and other search engines are not returning full Reddit results any more.| Josh Eidelson / Bloomberg: |
Around 500 World of Warcraft workers vote to unionize with the CWA, bringing the number of unionized US gaming employees at Microsoft to around 1,750 — World of Warcraft workers have voted to unionize the popular video-game franchise, expanding organized labor's new foothold at Microsoft Corp. by around 500 employees.| Olivia Carville / Bloomberg: |
Meta removes ~63K Instagram accounts used by sextortion scammers in Nigeria, along with ~7,200 Facebook assets, including accounts linked to the Yahoo Boys — - Purge includes thousands of Groups offering sextortion ‘tips’ — One network of 20 criminals was running 2,500 fake accounts| Zac Bowden / Windows Central: |
Microsoft unveils Bing generative search, which shows AI-generated answers with the sources used to create them, currently available to a small subset of users — Bing will soon prioritize AI-generated answers alongside traditional search results. — When you purchase through links on our site, we may earn an affiliate commission.| Chance Miller / 9to5Mac: |
Apple launches Apple Maps on the web in beta, available in English and compatible with Safari and Chrome on Mac and iPad, and Chrome and Edge on Windows PCs — Apple is bringing Apple Maps to the web for the first time. In a press release today, the company announced that you can now access Apple Maps … | Shubham Sharma / VentureBeat: |
Mistral announces Mistral Large 2, the new generation of its flagship model, with 123B parameters; commercial usage requires a separate license — The AI race is picking up pace like never before. Following Meta's move just yesterday to launch its new open source Llama 3.1 … | Dana Hull / Bloomberg: |
Elon Musk's poll asking if Tesla should invest $5B in xAI ends with 67.9% voting yes, after Musk said on Tesla's earnings call that he supported the idea — - CEO takes poll on whether EV maker should back his startup — The two companies have intermingled on procurement, recruiting| Romain Dillet / TechCrunch: |
Privacy-focused developer Proton debuts a self-custody bitcoin wallet, its first cryptocurrency product, initially available to early access users — When you think about it, Proton has always been a crypto company — cryptography, not cryptocurrency. But the Switzerland-based company … | Michael Peel / Financial Times: |
Researchers suggest that using “synthetic” data, created by AI systems to train LLMs, could lead to the rapid degradation of AI models and a collapse over time — Research suggests use of computer-made ‘synthetic data’ to train top AI models could lead to nonsensical results in future| Paul Alcorn / Tom's Hardware: |
AMD delays its Zen 5 Ryzen 9000 launch, originally set for July, to August due to an unspecified quality issue, and pulls back all units shipped to replace them — AMD hits the brakes on its Zen 5-powered Ryzen 9000 processors. — AMD announced today that it has delayed its Zen 5 Ryzen 9000 launch due … | Jess Weatherbed / The Verge: |
AltStore PAL now offers third-party iOS apps in the EU, starting with two torrenting apps, a social discovery app for dating, and a PC emulator — The first batch of third-party apps are making their way onto AltStore PAL, just over three months after the alternative iOS app marketplace first launched in the EU.| Bloomberg: |
IBM reports Q2 revenue up 2% YoY to $15.8B, vs. $15.6B est., and says bookings for AI consulting and software have exceeded $2B since mid-2023, vs. $1B in Q1 — International Business Machines Corp. reported a jump in bookings for its artificial intelligence business as customers work to implement the latest technology.| Brody Ford / Bloomberg: |
ServiceNow President CJ Desai leaves the company after an internal probe found he violated company policy related to a US contract and an ex-Army CIO's hiring — - Company hired former Army CIO Iyer after $432 million contract — Iyer, who headed public sector business, also resigned| Ingrid Lunden / TechCrunch: |
Dazz, which provides AI-based cloud security remediation software for enterprises, raised $50M from Greylock and others, sources say at a ~$400M valuation — Cybersecurity has become a white-hot topic in the world of technology. Not only are data breaches continuing unabated … | Jess Weatherbed / The Verge: |
Twitch introduces new policy and moderation updates to curb sexual harassment, including making its policy “easier to understand” and adding moderation tools — Twitch has introduced new policy and moderation updates that aim to help curb sexual harassment.| Reuters: |
Atos appoints its chairman Jean Pierre Mustier as CEO to replace departing boss Paul Saleh, in its fifth top management reshuffle in less than two years — French technology company Atos (ATOS.PA) on Wednesday appointed its chairman Jean Pierre Mustier as CEO to replace departing boss Paul Saleh … | Sean Michael Kerner / VentureBeat: |
Stability AI unveils Stable Video 4D, a model based on its Stable Video Diffusion model that takes video input and generates videos from eight new perspectives — Stability AI is expanding its growing roster of generative AI models, quite literally adding a new dimension with the debut of Stable Video 4D.| Politico: |
Some in Silicon Valley hope Kamala Harris could provide a chance for a reset, after years of bipartisan criticism in Washington, DC, toward Big Tech companies — Would she bring continuity with Joe Biden's policies? A more centrist vibe? A sharper progressive bite?| Reuters: |
SK Hynix Q2: revenue up 125% YoY to ~$11.86B, operating profit of ~$3.96B, its highest quarterly profit in six years, and sees further rising chip demand in H2 — South Korea's SK Hynix (000660.KS) posted on Thursday its highest quarterly profit since 2018 as the Nvidia (NVDA.O) …
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| Jillian Ambrose / The Guardian: |
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