|
August 1, 2024, 7:45 AM
|
Mediagazer
memeorandum
WeSmirchTop News
| Meta: |
Meta reports Q2 revenue up 22% YoY to $39.07B, net income up 73% to $13.47B, and family daily active people up 7% to 3.27B on average for June 2024 — Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended June 30, 2024.
More: Tech Monitor, UploadVR, Silicon Republic, Investing.com, Coinspeaker, Al Jazeera, SiliconANGLE, Shacknews, Quartz, The Wrap, The Hollywood Reporter, Constellation Research, Wall Street Journal, Yahoo Finance, CNBC, Cointelegraph, and Deadline
Threads: @jonathan_vanian_1, @supremebagholder, @kurtwag8, @karissabe, and @supremebagholder
X: @supbagholder, @stockmktnewz, @firstadopter, @tidefallcapital, @ldignan, @munster_gene, @munster_gene, @firstadopter, @munster_gene, @edludlow, @munster_gene, @chrisfralic, @munster_gene, @joecarlsonshow, @mikeisaac, @rihardjarc, @altcap, @munster_gene, and @munster_gene. LinkedIn: Emil Protalinski. Facebook: Mark Zuckerberg
| Jonathan Vanian / CNBC: |
More: Game Developer, COINTURK NEWS, MIXED Reality News, Yahoo Finance, Shacknews, and Variety
Threads: @daveleebbg. X: @rjcaster, @yasminkhorram, @ballmatthew, @levynews, @munster_gene, @benz145, and @rebrand_as_y
LinkedIn: Matt Mickelson and Rafael Brown
Forums: r/technology, r/technews, and Slashdot
| Alex Heath / The Verge: |
More: CNBC, TechCrunch, ComputerWeekly.com, The Register, PYMNTS.com, Benzinga, Android Central, and Associated Press
Threads: @mostly.borrowed.ideas, @karelbaloun, @karissabe, and @alexheath
X: @jimcramer, @alexeheath, @bluechipdaily, @the_ai_investor, @benitoz, @andrewcurran_, @andrewcurran_, and @ericjhonsa. Facebook: Mark Zuckerberg. Forums: r/technology
| Andrew Romero / 9to5Google: |
Telegram rolls out a Mini App Store to help users find new apps, updates the in-app browser to support multiple tabs, and says its mini apps have 500M MAUs — Telegram is refining the in-app expereince, adding a new way to interact with the browser and a Mini App Store for native applications.
More: Telegram, Coinspeaker, Sam Lover, CoinJournal, The Crypto Times, The Block, PhoneArena, and Cointelegraph
| Alex Heath / The Verge: |
Reddit CEO Steve Huffman says Microsoft, Anthropic, and Perplexity need to pay to scrape Reddit's data, and blocking them has been “a real pain in the ass” — After striking deals with Google and OpenAI, Reddit CEO Steve Huffman is calling on Microsoft and others to pay if they want to continue scraping the site's data.
More: Engadget, Livemint, Ars Technica, Android Headlines, Bloomberg, Windows Central, and Neowin
Forums: r/OpenAI, r/technology, and Ars OpenForum
| CNBC: |
Delta Air Lines CEO Ed Bastian says the CrowdStrike-caused outage will cost the company $500M, after canceling 6,000+ flights, and Delta will seek damages — WATCH NOW — Delta Air Lines CEO Ed Bastian said Wednesday that the massive IT outage earlier this month that stranded thousands of customers will cost it $500 million.
More: CNBC, Inc.com, Silicon Republic, Bloomberg, Cyber Daily, CRN, Associated Press, CIO Dive, The Hill, The Information, Quartz, NPR, New York Post, CRN, San Francisco Business Times, NBC News, PYMNTS.com, Wall Street Journal, Windows Central, MSPoweruser, and Financial Times
X: @david_slotnick, @morningbrew, @kpottermn, @kpottermn, @kpottermn, @malwarejake, @0xtib3rius, @carnage4life, and @carnage4life. LinkedIn: Jacob Williams. Forums: r/wallstreetbets
| Tom Warren / The Verge: |
Discord on Xbox adds the ability to watch friends' Discord streams whether they're sharing from a PC, mobile phone, or Xbox, rolling out over the coming weeks — Microsoft and Discord are greatly improving the integration of the communication platform into Xbox consoles.
More: Discord Blog, Xbox Wire, Windows Central, TechRadar, Press Start, Insider Gaming, Shacknews, Eurogamer.net, Video Games Chronicle, XboxEra, Game Rant, Neowin, Pure Xbox, Thurrott, PC Gamer, Gizmodo, PCMag, IGN, and Dexerto
| Wesley Yin-Poole / IGN: |
Bungie says it will lay off 220 employees, or 17% of its workforce, and integrate an additional 155 roles into its parent company Sony Interactive Entertainment — “Today is a difficult and painful day.” — Destiny developer Bungie has today announced significant cuts at the studio …
More: Bungie.net, The Verge, Kotaku, TechRadar, Windows Central, Game World Observer, Gameranx, GamingBolt, Dexerto, Seattle Business Journal, Press Start, Android Headlines, Stevivor, Push Square, Kotaku, Engadget, Eurogamer.net, VG Charts, VG247, Game Informer, Hardcore Gamer, Metro.co.uk, Los Angeles Times, GamesRadar, GamesRadar, The Wrap, TechCrunch, Neowin, Game Rant, PC Games Insider, Pocket-lint, GamingBolt, VentureBeat, Aftermath, Rock, Paper, Shotgun, Polygon, GeekWire, KitGuru, PC Gamer, Wccftech, TechRaptor, XboxEra, Variety, Game Developer, Destructoid, The Hollywood Reporter, Digital Trends, Pure Xbox, GamesIndustry.biz, Dot Esports, GameSpot, Video Games Chronicle, and Kotaku
X: @jasonschreier, @d2cbro, @bungie, @a_dmg04, @transientgamers, @the_ragespy, @griffinwb, @nadiaudio, @fishprison, @mynameisbyf, @dirtyeffinhippy, @hazelmonforton, @amberillig, @niftybiiscuit, @dirtyeffinhippy, @mangalawyer, @vahn16, @alex_frostwolf, @genepark, @ne0mega, @kperng, and @thereallexuzi. Forums: r/pcgaming
| Ian King / Bloomberg: |
Qualcomm reports Q3 revenue up 11% YoY to $9.39B, vs. $9.21B est., handset chip sales up 12% YoY to $5.9B, and forecasts Q4 revenue above estimates — - Company says phone units will be ‘flattish’ this year — Upbeat revenue forecast had buoyed stock after earnings report
More: Barron's Online, Reuters, Nikkei Asia, Investor's Business Daily, Constellation Research, CNBC, and Benzinga
X: @benbajarin, @anshelsag, @beth_kindig, and @patrickmoorhead
| Jonathan Kemper / The Decoder: |
Google unveils updates to its Gemma family of open models, including Gemma 2 2B, which it claims surpasses GPT-3.5 and Mixtral 8x7B on the LMSYS Chatbot Arena — Google has unveiled updates to its Gemma 2 family of open-source language models, focusing on improved performance, safety, and transparency.
More: Google Developers Blog, TechCrunch, VentureBeat, The Rundown AI, MarkTechPost, Hugging Face, SiliconANGLE, Maginative, AIM, NewsBytes, and TNW
X: @lmsysorg, @googledeepmind, @reach_vb, @googledeepmind, @gblazex, @chris_j_paxton, and @googledeepmind
LinkedIn: Wenjun Zeng and Ludovic Peran
| Sergiu Gatlan / BleepingComputer: |
Microsoft says that a nine-hour outage on July 30, which disrupted multiple Microsoft 365 and Azure services worldwide, was triggered by a DDoS attack — Microsoft confirmed today that a nine-hour outage on Tuesday that took down and disrupted multiple Microsoft 365 and Azure services worldwide …
More: Azure, ZDNET, Security Boulevard, The Record, GovTech, The Information, Dark Reading, SC Media, Associated Press, Daily Mail, The Sun, The Independent, The Stack, Cybersecurity Dive, Infosecurity, Channel Futures, PCMag, CRN, Windows Central, Forbes, PCWorld, The Register, Silicon Republic, TechRadar, and SecurityWeek
| Tales Azzoni / Associated Press: |
The Premier League, Bundesliga, DAZN, Sky, UEFA, CONMEBOL, and others write to X CEO Linda Yaccarino demanding more action against illegal soccer content on X — Some of Europe's main broadcasters and top soccer leagues have sent a letter to the CEO of social media platform X, Linda Yaccarino … | Ian King / Bloomberg: |
Arm reports Q1 revenue up 39% YoY to $939M vs. $905.4M est., license and other revenue up 72%, and maintains its outlook for FY 2025; ARM drops 10%+ — - Company doesn't boost outlook despite topping earnings views — CEO says weakness in certain markets is offsetting sales gains
More: The Register, Silicon Canals, Arm, SiliconANGLE, Proactive, CNBC, Reuters, and Benzinga
| Krisztian Sandor / CoinDesk: |
Tether reports a “record” $5.2B net profit in H1 2024, net operating profit of $1.3B in Q2, and $97.6B US debt holdings, more than Germany and other countries — The company said its $97 billion exposure to U.S. Treasuries would put it 18th in the ranking among countries.
More: Tether, Unchained, Bloomberg, The Block, The Crypto Basic, Coinspeaker, Cointelegraph, Blockonomi, Cryptopolitan, NewsBTC, CryptoGlobe, Cryptonews, The Crypto Times, Bitcoin Insider, Blockworks, NFTgators, crypto.news, Protos, Decrypt, Bitcoin News, CoinJournal, Milk Road, Crowdfund Insider, CoinGape, Crypto Briefing, and Watcher Guru
| Sean Lyngaas / CNN: |
A ransomware attack hits blood donation nonprofit OneBlood, which has asked over 250 hospitals in the US to activate their critical blood shortage protocols — A cyberattack has hit a blood-donation nonprofit that serves hundreds of hospitals in the southeastern US.| Anna Washenko / Engadget: |
US senators unveil the bipartisan NO FAKES Act, which would make individuals and companies liable for producing, hosting, or sharing unauthorized AI deepfakes — OpenAI joined several entertainment industry groups in backing the NO FAKES Act. — Today, a group of senators introduced the NO FAKES Act … | Bloomberg: |
Investigation: 2020 to 2023 data shows how thousands of middlemen game the H-1B program and companies that farm out IT workers exploit the US lottery system — Each year in April, the US government conducts a lottery that shapes the lives of hundreds of thousands of people — and America's future as an economic power.
X: @ericfan_journo, @ericfan_journo, @ericfan_journo, @ericfan_journo, @yask123, and @deedydas
Forums: Hacker News and r/Economics
| Joe Miller / Financial Times: |
The US SEC sues former IRL CEO Abraham Shafi, accusing him of a $170M fraud by misleading investors about the company's growth and concealing personal expenses — Abraham Shafi allegedly hoodwinked backers and spent millions of dollars on personal expenses — NEW| Sankalp Phartiyal / Bloomberg: |
Analysis: Indian startup VC funding has dwindled, depriving India of capital needed to grow its economy, as the valuation of top companies like Byju's implodes — Byju's, Paytm falter in stark reminder of the unique risks and challenges facing the country's tech economy.
X: @sankalp_sp
| Bloomberg: |
While owning less than 1% of TSMC, the number of retail shareholders hit a new high in 2024, as locals believe TSMC's success helps Taiwan fend off China — - Chipmaker is dubbed ‘holy mountain that safeguards the nation’ — Number of retail shareholders has reached a record this year| Chris Kay / Financial Times: |
Infosys confirms that Indian authorities hit the IT giant with a $3.9B tax demand, covering July 2017 to March 2022, the latest company to get such a demand — Leading tech services provider is latest corporate champion to be handed surprise bill by revenue collectors
More: Business Today, Moneycontrol, and The Register
| Bloomberg: |
A look at Baidu's experiment with driverless taxis in Wuhan, which became China's biggest proving ground for Baidu's taxis due to a relaxed regulatory approach — Wuhan's experiment with driverless taxis could help China lead the world on the emerging technology. It also risks putting thousands of people out of work.| Allison Johnson / The Verge: |
Apple Intelligence in iOS 18.1 beta hands-on: meaningful Siri language understanding improvements and Siri text input is nice, but few other notable features — In iOS 18's latest developer preview, Siri gets a glow-up. Like, the whole phone actually glows around the edges when you invoke Siri.Sponsor Posts
Subquadratic:
SubQ Snap 1.1: the first long-context decision model for real enterprise work — Tied for #1 on the AA Decision Index, Snap is a multimodal model with a 384k-token context window for fast reasoning and agentic decisions.
SubQ Snap 1.1: the first long-context decision model for real enterprise work — Tied for #1 on the AA Decision Index, Snap is a multimodal model with a 384k-token context window for fast reasoning and agentic decisions.
Command Line:
GitHub Universe 2026: Highlights from the developer's developer conference — Copilot Fusion was the belle of the ball, but the hero at the heart of the two-day event was the developer community.
GitHub Universe 2026: Highlights from the developer's developer conference — Copilot Fusion was the belle of the ball, but the hero at the heart of the two-day event was the developer community.
Zoho:
3 smarter updates for your staffing pipeline — Staffing recruiters manage multiple client requirements, large candidate databases, and tight submission deadlines. Finding suitable candidates is only the first step.
3 smarter updates for your staffing pipeline — Staffing recruiters manage multiple client requirements, large candidate databases, and tight submission deadlines. Finding suitable candidates is only the first step.
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.
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
Big Technology Podcast:
Big Tech's Ugly Week, Getting Rich At Anthropic, AI Costs Plunge
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.
Machine Gods:
OpenAI's Latest Discoveries Spark a Backlash + Help! My Kid Hates AI
The official podcast of the singularity, from Casey Newton and Kevin Roose. Twice-weekly news, analysis, and interviews with the people who are building the future.
Subscribe to Machine Gods.
The Upstarts Podcast:
The Accidental YC Founder Solving AI's GPU Crisis | SF Compute's Evan Conrad
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.
Cheeky Pint:
Why Sam Altman is against a single superintelligence
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
Great Chat:
The case for AI optimism
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.
Sources:
Tobi Lütke on the AI agent revolution and future of Shopify
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
About This Page
This is a Techmeme archive page. It shows how the site appeared at 7:45 AM ET, August 1, 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.
From Mediagazer
Reuters:Jasper Ward / Reuters:
Gavin Blair / The Hollywood Reporter:
Upcoming Tech Events
Earlier Picks
| Aaron Holmes / The Information: |
More: Sherwood News, Quartz, The Verge, and DatacenterDynamics
| Jess Weatherbed / The Verge: |
More: The Keyword, The Keyword, Hindustan Times, Google Help Center, Business Today, PCMag, The Indian Express, Technowize, Wired, The Hindu, Android Police, TechIssuesToday.com, NECN, Benzinga, Fast Company, TechRadar, Ars Technica, Engadget, Android Headlines, Financial Express, Fortune, Bloomberg, NewsBytes, Search Engine Journal, Android Central, Financial Times, and Search Engine Land