Open Links In New Tab
Mobile Archives Advertise Site News
Techmeme
August 2, 2024, 8:05 PM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter

Top News

New York Times:
The US DOJ sues TikTok, saying it collected children's data without parents' permission, knowingly let users under the age of 13 create accounts, and more  —  The Justice Department said that TikTok illegally collected children's data and knowingly allowed users under the age of 13 to create accounts.
Ivan Mehta / TechCrunch:
Character.AI co-founders Noam Shazeer and Daniel De Freitas, and some employees, are joining Google; Google has signed a non-exclusive agreement to use its tech  —  In a big move, Character.AI co-founder and CEO CEO Noam Shazeer is returning to Google after leaving the company in October 2021 to found the a16z-backed startup.
The Information:
Character.AI told staff that investors will be bought out at a valuation of ~2.5x its $1B 2023 valuation, and it plans to adopt open-source models for products  —  Google has agreed to pay a licensing fee to chatbot maker Character.AI for its models and will hire its cofounders and many of its researchers, the companies said.
Brian Schwartz / CNBC:
A look at Musk-backed America PAC's “Register to Vote” online campaign, which collects users' personal data in swing states, but does not help them register  —  If a voter in Michigan performs a search on Google, a somewhat shocking ad might pop up.
CNBC:
Intel shares fall 26% to close at $21.48 in their biggest drop since 1974, after the company reported a big earnings miss; Intel's market cap is now below $100B  —  Intel shares plunged the most in 50 years on Friday, reaching a price not seen since 2013, after the chipmaker reported …
Gaby Del Valle / The Verge:
Trump says Zuckerberg called him after the assassination attempt and told Trump he wouldn't endorse a Democrat because he “respected” Trump's reaction that day  —  Former President Donald Trump has expressed a newfound fondness for Mark Zuckerberg after years of railing against him.
Asa Hiken / Ad Age:
Google pulled an Olympics TV ad where a father uses Gemini to help his daughter write a personal letter to an athlete, after criticisms that the ad is tone-deaf  —  ‘Dear Sydney’ had been criticized for appearing tone-deaf to AI concerns  —  Google has pulled an ad from its Olympics' TV rotation …
Patpicha Tanakasempipat / Bloomberg:
Apple apologizes and pulls an ad set in Thailand after backlash from Thai lawmakers and influencers who deemed its portrayal of the country offensive
Zack Whittaker / TechCrunch:
Data breach notifications show US pharmaceutical giant Cencora has notified at least 1.43M individuals that their data was compromised in a February data breach  —  Cencora has so far notified over a million people around the U.S. that their personal and protected health information …
Olga Kharif / Bloomberg:
Crypto lender Genesis and related companies complete their bankruptcy restructuring and begin distributing ~$4B in digital assets and cash to creditors  —  - Bitcoin creditors will receive 51% recovery on in-kind basis  — Genesis distributions come soon after Mt Gox repaid billions
Pei Li / Bloomberg:
Sources: Apple in recent months has demanded Tencent and ByteDance close loopholes used by their in-app creators to funnel users to external payment systems  —  - iPhone maker wants to close loopholes in mini-games payments  — Handling in-app purchases is a lucrative business for Apple
Arjun Kharpal / CNBC:
Nintendo reports Q1 revenue down 46.5% YoY to ~$1.65B, vs. ~$1.92B est., net profit down 55.3% YoY to ~$536M, and Switch sales down 46% YoY to 2.1M units  —  Nintendo on Friday reported revenue and profit that plunged in the company's fiscal first quarter, as sales of the ageing Switch console decline.
Akila Quinio / Financial Times:
Sources: Revolut has told staff it is launching a sale of up to $500M worth of existing shares at a $45B valuation; former employees are ineligible  —  Revolut has told staff it is launching a sale of up to $500mn worth of existing shares at a $45bn valuation, in a move that would cement …
Nathan Edwards / The Verge:
Surface Pro 11 review: OLED display is vibrant, Flex Keyboard is magic, hardware is solid, but it's costly, not all x86 apps run well, AI features are skippable  —  Microsoft's latest 2-in-1 is all in on Arm, and it's the closest the company's come to merging the power of a laptop with the battery life and flexibility of a tablet.
Forums: r/Surface and r/gadgets

Sponsor Posts

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Transform ML Experimentation with Tangle  —  Save months of compute time with Tangle, built by Shopify.  Try this open-source platform to simplify ML workflows, ensure reproducibility, and seamlessly share with collaborators.
Zoho:
Contract Signed.  Project Ready.  Tasks Created.  —  Every project begins with a promise; a contract that outlines the deliverables, the timelines, and the terms.  But for most businesses …
Bitrix24:
Bitrix24 powers the next generation of high-performing businesses  —  Chat, projects, CRM, and automation — all in one place.  Replace dozens of tools so your team moves faster, collaborates smarter, and grows effortlessly.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Sponsor Techmeme

Featured Podcasts

Access:
 Is Roblox making the internet better or worse? We asked the CEO
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Decoder with Nilay Patel:
 Anthropic's quest to study the negative effects of AI is under pressure
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Lenny's Podcast:
 Why LinkedIn is turning PMs into AI-powered "full stack builders" | Tomer Cohen (LinkedIn CPO)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Great Chat:
 Code red: our favorite tech rivalries
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.
Big Technology Podcast:
 How An AI Model Learned To Be Bad — With Evan Hubinger And Monte MacDiarmid
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.
Channels with Peter Kafka:
 PBS Lost a Billion Dollars. Now what? With CEO Paula Kerger
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Add your podcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:05 PM ET, August 2, 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

The Guardian:
Ireland, Spain, Slovenia, and the Netherlands exit Eurovision after Israel received an all-clear to compete; the BBC and Germany's SWR plan to participate

James Faris / Business Insider:
Kalshi strikes a deal with CNBC that will integrate Kalshi's prediction data into CNBC's channel, site, and app starting in 2026, days after striking a CNN deal

Max Tani / Semafor:
Sources: Atlas Obscura's co-founders were pushed out of the company amid clashes with CEO Louise Story, who has trimmed staff and changed editorial strategy

More News

Zoe Kleinman / BBC:
UK shelves promised £800M for Edinburgh University exascale supercomputer and £500M for AI Research Resource, saying former government never allocated the funds
Shirin Ghaffary / Bloomberg:
A profile of, and interview with, former OpenAI board member Helen Toner, who is building a reputation in Washington, DC, as a trusted expert on AI
Sean Michael Kerner / VentureBeat:
Stability AI announces Stable Fast 3D, an AI model for rapid 3D asset generation, which it says can generate a 3D asset from a single image in 0.5 seconds
The Canadian Press:
Study: a year after Meta blocked news content in Canada due to the Online News Act, Canadians' total engagement with news content on social media is down 43%

Earlier Picks

Tuvan Gumrukcu / Reuters:
Türkiye blocks Instagram for failing to comply with “laws and rules”; a Turkish official said Instagram blocked condolence posts about Ismail Haniyeh's killing
Bill Toulas / BleepingComputer:
Infoblox and Eclypsium: since 2018, Russian hackers hijacked 35K+ registered domains using Sitting Ducks attacks that involve exploiting DNS configuration flaws
Josh Sisco / Politico:
Sources: the US DOJ is investigating Nvidia's acquisition of Run:ai, a Tel Aviv-based startup that enables virtualization of GPUs, on antitrust grounds
Paul Alcorn / Tom's Hardware:
Intel extends the warranty for its boxed Core 13th and 14th Gen desktop processors by an additional two years, due to customers experiencing instability issues
Bill Donahue / Billboard:
Court filings: AI startups Suno and Udio respond to copyright lawsuits from major music labels, saying using proprietary music to train AI models is fair use
Bill Peters / MarketWatch:
Coinbase reports Q2 revenue up 105% YoY to $1.45B, vs. $1.39B est., a $36.2M net income, and forecasts subscription and services Q3 revenue below expectations
Kif Leswing / CNBC:
Apple Q3 revenue: iPhone down 1% YoY to $39.30B, Mac up 2% YoY to $7.01B, iPad up 24% YoY to $7.16B, and Wearables, Home, and Accessories down 2% YoY to $8.10B
Dean Takahashi / VentureBeat:
Intel plans to cut 15%+ of its workforce, the majority by the end of 2024, as part of a $10B cost reduction plan and to suspend its dividend starting in Q4 2024
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter