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July 24, 2024, 1:35 PM
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| 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
More: TechCrunch, CNN, Reuters, Engadget, New York Post, Neowin, Reuters, Quartz, and New York Times
Forums: Hacker News and r/wallstreetbets
| Simon Sharwood / The Register: |
CrowdStrike says the problematic July 19 software update that brought down 8.5M Windows PCs was deployed into production due to “a bug in the Content Validator” — CrowdStrike has blamed a bug in its own test software for the mass-crash-event it caused last week.
More: CrowdStrike, The Verge, BBC, BleepingComputer, CSO, Mashable, Metacurity, Financial Times, TweakTown, Infosecurity, Wall Street Journal, and Engadget
Mastodon: @david_whitney@mastodon.social. X: @cyb3rops, @gossithedog, @mikeyearworth, @brody_n77, @patrickwardle, @jamestitcomb, @arekfurt, @gossithedog, @gossithedog, @dcuthbert, @rosyna, @kevincollier, @0xtib3rius, @_johnhammond, @niallm, @shumayl_, @gossithedog, @lukolejnik, @gossithedog, and @dennismald. LinkedIn: Emil Protalinski. Forums: r/microsoft
| 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?
More: TechCrunch, DL News, Bloomberg, Semafor, TechCrunch, ZyCrypto, Bitcoin Insider, Cryptonews, Watcher Guru, The Daily Hodl, Bankless Times, The Crypto Times, Reuters, Inside Bitcoins, CoinDesk, Cryptopolitan, Decrypt, Quartz, The Information, Platformer, The Register, Fortune, Inc.com, and Business Insider
| Eva Roytburg / Fortune: |
Elon Musk says “I am not donating $45M a month to Trump” and that he created America PAC to support Trump, without revealing how much he is donating — Elon Musk is not spending $45 million a month to elect former President Donald Trump, though he has created …
More: BBC, Gizmodo, The Hill, Reuters, The Sun, Quartz, Semafor, Cybernews.com, The Guardian, Deadline, New York Times, Fortune, and New York Post
Threads: @lorakolodny, @karaswisher, @martinsfp, and @kbode
X: @kirstengrind, @mychaelschnell, @cameron, @elonmusk, @tomgara, @internethippo, @teddyschleifer, @levie, @elonmusk, @elonmusk, @faizsays, @elonmusk, @jason_kint, @teddyschleifer, @juddlegum, @pitdesi, @yashar, @teddyschleifer, and @stuartpstevens
Forums: r/Fuckthealtright, r/politics, r/the_everything_bubble, r/uspolitics, r/inthenews, r/Fauxmoi, r/The_Mueller, r/DecodingTheGurus, r/TheAllinPodcasts, r/MarchAgainstNazis, r/AntiTrumpAlliance, r/Kamala, r/KamalaHarris, r/thedavidpakmanshow, r/Conservative, r/EnoughMuskSpam, r/VaushV, r/conspiracy, r/behindthebastards, r/conspiracy_commons, r/AnythingGoesNews, r/RealTesla, r/NewsOfTheStupid, r/LeopardsAteMyFace, r/TrumpIsPoor, and r/facepalm
| New York Times: |
Kamala Harris took a leading White House role on AI, including meeting executives; a Harris win could mean a continued relatively smooth runway for AI companies — The presumptive Democratic nominee has won concessions from Big Tech leaders on A.I., but she hasn't successfully pushed Congress to regulate.| 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
More: Nature, The Independent, MIT Technology Review, TechCrunch, Gizmodo, Tom's Guide, and Forbes. Forums: Hacker News
| 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.
More: Twitch Safety Center, Game Developer, PCMag, GamesIndustry.biz, PC Gamer, Lifewire, GameSpot, Eurogamer.net, and Game Rant
| Benj Edwards / Ars Technica: |
Meta says it will allow developers to use the outputs from Llama models, including Llama 3.1 405B, to improve other models for the first time — “Open source AI is the path forward,” says Mark Zuckerberg, misusing the term. — In the AI world, there's a buzz in the air …
More: Meta, ZDNET, The Register, Tech Monitor, Financial Express, The Tech Basic, MediaPost, Tim Kellogg, CCN.com, TechCrunch, Benzinga, Tom's Guide, Silicon UK, Digital Scholarship, Ben's Bites, Metaverse Post, AI Accelerator Institute, AIM, AI News, The Stack, Dataconomy, Stratechery, ITPro, MSPoweruser, Silicon Republic, PhoneArena, WinBuzzer, Gizchina.com, Pocket-lint, Simon Willison's Weblog, VentureBeat, The Rundown AI, Hugging Face, Decrypt, Inc.com, Pixel Envy, Interconnects, and Engadget
Mastodon: @pchestek@fosstodon.org. X: @aiatmeta, @sundeep, @gabrielmbmb_, @kevinsxu, @ralphbrooks, @gfodor, @cocktailpeanut, and @simonw. LinkedIn: Emil Protalinski. Forums: Ars OpenForum
| Paul Sawers / TechCrunch: |
The Overture Maps Foundation, backed by Microsoft, Amazon, Meta, TomTom, and others, releases four global open maps datasets; Transportation remains in beta — It's not often you'll find Microsoft, Amazon, and Meta in the same room collaborating toward the same goals.| Parmy Olson / Bloomberg: |
Google's failed deal with Wiz, and with HubSpot before that, puts Google in an awkward spot to grow Cloud; Wiz staff are likely upset at missing a big payday — It's the second time in as many months that the tech giant has lost a deal to boost its lagging cloud business.| Bloomberg: |
More: MediaPost, Dataconomy, TechSpot, Finance Magnates, Wall Street Journal, Runtime, and Irish Examiner
X: @mhbergen, @lynnmdoan, @danprimack, and @mhbergen
| Matt Day / Bloomberg: |
Microsoft Copilot customers say the AI assistants are no plug-and-play offering and involve feeding them data; the Copilots only excel at distilling information — Early adopters say deploying the company's Copilot bots requires cleaning up corporate data and lots of employee training.| 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.| Giulio Piovaccari / Reuters: |
Ferrari plans to accept crypto payments for its cars at European dealers from the end of July, and internationally by the end of 2024, expanding on the US — Ferrari (RACE.MI) said on Wednesday it would extend its scheme to accept payments in cryptocurrency for its luxury sports cars … | Alphabet: |
Alphabet reports Q2 revenue up 14% YoY to $84.7B, net income up 29% YoY to $23.6B, Search revenue of $48.5B, up from $42.6B YoY, headcount down 1% to 179,582 — MOUNTAIN VIEW, Calif. - July 23, 2024 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended June 30, 2024.
More: Silicon Valley Business …, Investor ideas podcasts …, Silicon UK, The Verge, Cautious Optimism, Android Police, Music Ally, Quartz, Observer, The Register, Blockonomi, Fortune, Times Colonist, The Media Leader, TechRadar, Yahoo Finance, Business Insider, Neowin, Cointelegraph, Channel Futures, Cryptopolitan, and Shacknews
Threads: @crumbler. X: @thetranscript_, @andyorin, @martyswant, @munster_gene, @munster_gene, and @swiftstories. Forums: Hacker News
| Jennifer Elias / CNBC: |
More: TechCrunch, Ars Technica, Lifewire, Quartz, Electrek, Tech Monitor, The Last Driver License Holder, Benzinga, Shacknews, The National, The Robot Report, ShareCafe, and Business Insider
Forums: r/sanfrancisco, r/technology, r/waymo, and r/MVIS
| Jennifer Elias / CNBC: |
| Chris Welch / The Verge: |
Google updates the Play Store on Android to add categorized “Collections” that show installed app content, expand Play Pass, and add curated comics in Japan — Google is bringing a handful of new features to its Google Play store on Android today.| Alex Konrad / Forbes: |
Airtable launches Cobuilder, which can generate apps from text prompts and match them to relevant data and customer information already stored within Airtable — Airtable's new Cobuilder product puts AI-generated apps in every worker's hands — and has the $11.7 billion-valued startup back eyeing an IPO following painful job cuts.| Alexander Martin / The Record: |
Law enforcement officials and experts: criminal groups are shying away from large ransomware-as-a-service platforms after disruption operations and an exit scam — Veteran cybercriminals involved in ransomware attacks are increasingly shying away from large ransomware-as-a-service (RaaS) … | Sarah McBride / Bloomberg: |
Compliance startup Vanta raised a $150M Series C led by Sequoia Capital at a $2.45B valuation, up from $1.6B in 2022, to accelerate adding AI to its products — Sequoia Capital led the financing, which the company said it would use in part to accelerate work in artificial intelligence.
More: TechCrunch, FinTech Global, FinSMEs, Reuters, SiliconANGLE, VentureBeat, Forbes, Tech Startups, Vanta, and SecurityWeek. X: @alex
| Financial Times: |
The US NCSC warns US tech startups that “foreign threat actors”, including China, might use private investment to exploit them and threaten national security — Counter-intelligence centre says hostile states such as China could gain sensitive data and intellectual property| Jillian Ambrose / The Guardian: |
Irish government data: data centers in Ireland used 21% of the country's electricity in 2023, up 20% YoY, topping the 18% of electricity used by all urban homes — Statistics raise concerns that rise in demand for data processing driven by AI could derail climate targets
More: Le Monde.fr, Central Statistics Office, RTÉ, DatacenterDynamics, and Silicon Republic
Mastodon: @jbond@mastodon.social and @ChrisMayLA6@zirk.us
X: @xvrmdf, @sean_fearon, @marxculture, @tggleeson, and @jp_biz
Forums: Hacker News, r/news, r/collapse, r/Futurology, r/europe, r/ireland, and r/irishpolitics
| Keith Broni / Emojipedia: |
X reverts its water pistol emoji back to a firearm on the web, after Twitter originally switched the pistol emoji from a realistic-looking handgun in 2018 — X (fka Twitter) has quietly redesigned its 🔫 Water Pistol emoji to display as a firearm. This diverges from the cross-platform conversion …
More: PCMag, The Verge, AppleInsider, TechIssuesToday.com, Android Police, and iPhone in Canada Blog
Threads: @mattnavarra. X: @yacinemtb, @yacinemtb, @xsphi, @emojipedia, and @emojipedia. Forums: r/Twitter
| Allison Johnson / The Verge: |
Samsung Galaxy Z Fold6 review: very good battery life, easy multitasking, and seven years of updates, but a narrow cover screen, and bulky, heavy, and expensive — Samsung's flagship foldable is as good as ever, but it feels anything but fresh. … The Galaxy Z Fold 6 is like staying in a really fancy Airbnb.
More: Engadget, PCMag, The Independent, Forbes, PhoneArena, Sammy Fans, The Guardian, CNET, and SamMobile
| New York Times: |
A profile of Blake Benthall, arrested in 2014 for running Silk Road 2.0, which had 1.7M users and $8M/month sales, as he promotes his crypto startup Fathom(x) — Today, Blake Benthall runs a start-up that aims to help track digital currency transactions.Gili Benita for The New York Times
X: @rmac18, @eddyelfenbein, @emers0nian, and @kashhill
| Lizette Chapman / Bloomberg: |
All Raise: ~18% of US VC firms have at least one female partner, double from 2018; PitchBook says female founders had almost 28% of total US deal value in 2023 — - Advocacy group reports women partners are part of more firms — All Raise CEO says progress at risk from diversity criticismsSponsor Posts
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Hard Fork:
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