Techmeme
July 31, 2024, 5:35 AM

Top News

Alex Heath / The Verge:
After users reported that Meta's AI assistant incorrectly claimed the attempted assassination of Donald Trump did not happen, Meta blames hallucinations  —  Meta's AI assistant incorrectly said that the recent attempted assassination of former President Donald Trump didn't happen …
The Information:
Microsoft:
Microsoft reports Q4 revenue up 15% YoY to $64.7B, net income up 10% YoY to $22B, Office Commercial revenue up 12% YoY, and LinkedIn revenue up 10% YoY  —  REDMOND, Wash. — July 30, 2024 — Microsoft Corp. today announced the following results for the quarter ended June 30, 2024 …
Jordan Novet / CNBC:
Tom Warren / The Verge:
Lauren Feiner / The Verge:
The US Senate passes the Kids Online Safety Act and the Children and Teens' Online Privacy Protection Act by a vote of 91 to 3; the bills now head to the House  —  The Senate passed the Kids Online Safety Act (KOSA) and the Children and Teens' Online Privacy Protection Act (also known as COPPA 2.0) …
Kif Leswing / CNBC:
AMD reports Q2 revenue up 9% YoY to $5.83B, vs. $5.72B est., Data Center revenue up 115% to $2.8B, net income up 881% to $265M, Q3 revenue forecast above est.  —  Advanced Micro Devices reported second-quarter earnings on Tuesday that beat Wall Street expectations for revenue and showed continued growth …
Bloomberg:
Sources: Intel may unveil plans as early as this week to cut thousands of jobs to reduce costs and fund a rebound from an earnings slump and market share losses  —  - CEO Gelsinger embarks on ambitious effort to regain share  — Chipmaker is spending on research, development and new plants
Maxwell Zeff / TechCrunch:
OpenAI begins rolling out ChatGPT's Advanced Voice Mode, initially criticized for sounding like Scarlett Johansson during its demo in May 2024, to ChatGPT Plus  —  OpenAI began rolling out ChatGPT's Advanced Voice Mode on Tuesday, giving users their first access to GPT-4o's hyper-realistic audio responses.
Sheila Chiang / CNBC:
Samsung reports Q2 revenue up 23.42% YoY to ~$53.45B, vs. ~$53.3B est., and operating profit up 1,458% YoY to ~$7.5B, as AI memory chip demand remains strong  —  Samsung Electronics on Wednesday reported higher-than-expected second-quarter revenue and operating profit, as demand …
Kate Gibson / CBS News:
The US CPSC rules that Amazon is legally responsible for recalled products sold on Amazon.com, even by third parties, and must remove them and notify purchasers  —  Amazon distributed hundreds of thousands of hazardous products sold by third-parties through the e-commerce giant's platform …
Boone Ashworth / Wired:
Startup Friend previews a $99 AI pendant with an always-on microphone that's designed to provide the wearer with companionship, set to ship in January 2025  —  The latest attempt at an AI-powered wearable is an always-listening pendant.  But it doesn't help you be more productive, it just keeps you company.
Wall Street Journal:
How Elon Musk and X's division of labor stymied some of Linda Yaccarino's plans, like a Visa deal; internal figures show X had 250.8M DAUs in Q2, up 1.56% YoY  —  Tensions over the division of labor with Musk have stymied some of Yaccarino's initiatives  —  X Corp. Chief Executive Linda …
Reuters:
Meta agrees to pay $1.4B to settle Texas' lawsuit accusing Meta of using facial recognition tech to collect biometric data of millions of Texans without consent  —  Meta Platforms (META.O) has agreed to pay $1.4 billion to Texas to resolve the state's lawsuit accusing the Facebook parent …
Akash Sriram / Reuters:
California's DMV says it has created tokens for 42M car titles on the Avalanche blockchain and aims to help state residents access them via an app by early 2025  —  California's Department of Motor Vehicles (DMV) has digitized 42 million car titles using blockchain technology in a bid …
Jordan Fragen / VentureBeat:
EA reports Q1 net bookings down 20% YoY to $1.26B, above its guidance forecast, revenue down 14% YoY to $1.66B, and net income down 30% YoY to 280M  —  Electronic Arts has announced its financial results for the first quarter quarter of FY25.  The game publisher's $1.262 billion …
Emily Forgash / Bloomberg:
Nvidia shares closed down 7% to $103.73, after falling ~23% since July 10, as investors pull back from large tech stocks amid doubts over AI spending paying off  —  - Gauge of Nvidia's 10-day volatility twice as high as Bitcoin's  — The stock sees biggest drop since April in shift from tech

Sponsor Posts

Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning  —  SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds.  Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cape:
Most carriers track everything.  Cape doesn't.  —  Unlimited talk, text & data, 24-hr metadata deletion, network ID rotation, SIM-attack defense, and more.  Switch today and get 29% off for life.
Equals:
Stop vibe coding analytics  —  Equals AI turns questions about your business into auditable spreadsheet models and dashboards.  Build once, iterate for years.
Zoho:
Pro tips: 5 ways to close WhatsApp leads in Zoho CRM  —  This is a guest post by Orkhan Jafarli, Growth PM at TimelinesAI.More buyers now reach out on WhatsApp before they ever fill out a form.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Hard Fork:
OpenAI Models Go Rogue + Kimi K3 Freakout + A.I. Superforecasting
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
The Talk Show With John Gruber:
'A Scam Held Together With Patriotism and Golden Paint', With Quinn Nelson
The director's commentary track for Daring Fireball. Long digressions on Apple, technology, design, movies, and more.
Subscribe to The Talk Show With John Gruber.
The Upstarts Podcast:
Abridge's Shiv Rao: The Doctor Founder Taking On Microsoft In Healthcare AI
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Big Technology Podcast:
OpenAI's Bots Break Containment and Hack Hugging Face Autonomously — With Alex Stamos
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Great Chat:
Too big to laugh: how tech lost its sense of humor
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Tools and Weapons with Brad Smith:
Connecting the Unconnected: Doreen Bogdan-Martin
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:35 AM ET, July 31, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Mat Di Salvo / Decrypt:

Earlier Picks

Bloomberg:
Jeff Stone / Bloomberg:
Kylie Robison / The Verge:
Rafe Uddin / Financial Times:
Jagmeet Singh / TechCrunch: