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August 5, 2024, 8:34 PM
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Leah Nylen / Bloomberg:
US v. Google: a federal judge rules that Google illegally monopolized the search market, including through deals to be the default option on phones and browsers  —  Google's payments to make its search engine the default on smartphone web browsers violates US antitrust law, a federal judge ruled Monday …
More: The Verge, New York Times, BBC, Ars Technica, Reuters, Business Insider, 9to5Mac, The Information, CNBC, BNN Bloomberg, SiliconANGLE, Investor's Business Daily, The Register, CNN, Wired, Washington Post, Android Authority, TechCrunch, Computerworld, PCMag, 9to5Google, Bloomberg Law, MacRumors, Search Engine Land, Constellation Research, Barron's Online, WAtoday, Light Reading, United States District Court for the District of Columbia, GeekWire, Reclaim The Net, Los Angeles Times, SFist, Cult of Mac, Patently Apple, Politico, GZERO, Engadget, Fox Business, News/Media Alliance, Financial Times, Search Engine Roundtable, W Media Research, The Hill, Neowin, Sky News, Adweek, Fast Company, MacDailyNews, Semafor, Channel NewsAsia, Quartz, PhoneArena, NBC News, Tom's Guide, Fortune, Variety, Courthouse News Service, Blue's News, Entrepreneur, The Daily Signal, Philip Elmer‑DeWitt, RNZ, MarTech, and Mashable
Threads: @flasheeto, @neil.cybart, @thejeffhou, @thekenyeung, @passantino, @karaswisher, @brianstelter, and @daveleebbg
Mastodon: @parismarx@mastodon.online and @theory@xoxo.zone
X: @rakeshsfnyc, @jason_kint, @ddayen, @lutherlowe, @amir, @carnage4life, @lutherlowe, @lexnfx, @megangra, @florian4gamers, @ballmatthew, @modestproposal1, @jason_kint, @neilcybart, @timsweeneyepic, @florian4gamers, @stevesi, @benthompson, @lexnfx, @rakeshsfnyc, @briancalbrecht, @alexeheath, @delrey, @bobbyallyn, @lutherlowe, @bcmerchant, @alexeheath, @benthompson, @vidushi_law, @vidushi_law, and @benremaly.  LinkedIn: Emil Protalinski
Forums: Hacker News, r/technology, r/politics, r/degoogle, r/WorkReform, r/google, r/news, r/technology, r/apple, r/firefox, r/ValueInvesting, and MacRumors Forums
Aditya Soni / Reuters:
Apple, Alphabet, and Amazon shares fell 4%+, Nvidia fell 6%, and Microsoft and Meta fell ~3% amid worries about a potential US recession and massive AI spending  —  Apple (AAPL.O) and other heavyweight companies sold off on Monday as U.S. recession fears and Berkshire Hathaway's (BRKa.N) …
Tanaya Macheel / CNBC:
Bitcoin dropped below $50,000, its lowest level since February 2024 and down 17% since August 3, and ether dropped 15% to ~$2,300, as global markets plummet  —  Cryptocurrencies tumbled amid a global market sell-off spurred by recession fears.  —  The price of bitcoin was last lower by 7% …
Samantha Cole / 404 Media:
Sources: Nvidia scraped sources like Netflix and YouTube to train an unreleased foundational model; concerned staff were told they had full clearance to do so  —  Nvidia scraped videos from Youtube and several other sources to compile training data for its AI products, internal Slack chats …
New York Times:
In an email to staff, Linda Yaccarino says X will close its San Francisco office and move workers to San Jose offices and a new Palo Alto office shared with xAI  —  Elon Musk, X's owner, has clashed with California's leaders and has said the social media platform would move its headquarters to Texas.
Cade Metz / New York Times:
Elon Musk revives his OpenAI lawsuit, filing a complaint in California to allege that OpenAI, Sam Altman, and Greg Brockman breached OpenAI's founding contract  —  The Tesla chief executive has renewed claims that the A.I. start-up put profits and commercial interests ahead of the public good.
Washington Post:
In a letter, the secretaries of state from PA, WA, MI, NM, and MN ask Elon Musk to change X's AI assistant Grok to stop it from spreading false election info  —  Grok, the AI search assistant on Musk's X platform, suggested that Kamala Harris had missed the ballot deadline in nine states.  She hasn't.
John Schulman / @johnschulman2:
OpenAI co-founder John Schulman departs to join Anthropic and focus on AI alignment, and says “I'm not leaving due to lack of support for alignment research”  —  I shared the following note with my OpenAI colleagues today: I've made the difficult decision to leave OpenAI. This choice stems from my desire to deepen my focus on AI alignment, and to start a new chapter of my career where I can return to hands-on technical work. I've decided
Cherlynn Low / Engadget:
In a fifth dev beta for iOS 18, iPadOS 18, and macOS 15, Safari gets Distraction Control, which lets users block distracting elements on the page like pop-ups  —  You'll get to choose which page element to block on a site, as long as it doesn't change.  —  Ahead of the full release of iOS 18 …
Kyle Wiggers / TechCrunch:
OpenAI says it's changing the format of its DevDay conference this fall to a series of on-the-road developer sessions and GPT-5 will not be announced during it  —  Last year, OpenAI held a splashy press event in San Francisco during which the company announced a bevy of new products and tools …
Nilay Patel / The Verge:
Q&A with Booking CEO Glenn Fogel on the company's Booking.com, OpenTable, Kayak, Priceline, and Agoda brands, using AI to book trips, hotels, and more  —  The head of online hotel and flight giant Booking on how competition, regulation, and AI are changing travel.
More: Skift
Anne VanderMey / Bloomberg:
AI chip startup Groq raised a $640M Series D led by BlackRock at a $2.8B valuation, up from $1B after raising $300M in 2021, and adds a former Intel exec as COO  —  Cisco and Samsung invested in the $640 million deal  —  Artificial intelligence startup Groq Inc. has raised $640 million in new funding …
Reuters:
Software consultancy Thoughtworks to be taken private by PE firm Apax Partners for ~$1.75B; TWKS jumps 26%+ but is still far below its 2021 IPO price  —  Thoughtworks (TWKS.O) on Monday agreed to be taken private by Apax Partners in a deal worth about $1.75 billion, the technology consultancy firm said …
Harshita Mary Varghese / Reuters:
Lumen, which sells data center networking and security products, says it secured new deals worth $5B from tech companies amid AI surge; LUMN up 35%+ after hours  —  Telecommunications firm Lumen Technologies (LUMN.N) has secured new deals worth $5 billion from cloud and tech companies …
Bloomberg:
CrowdStrike says Delta CEO Ed Bastian failed to respond to an assistance offer from CEO George Kurtz; CrowdStrike hopes Delta will “agree to work cooperatively”  —  The allegation, in a letter Sunday from attorneys for the technology firm, builds upon CrowdStrike's claim last week …
Ingrid Lunden / TechCrunch:
Source: Placer.ai, which provides AI-powered market research based on location data, raised $75M at a $1.45B valuation, up from $1B at its Series C  —  Location data, for better or worse, continues to be a part of the bedrock of how apps are built.  Now a startup developing AI market research based …
More: SiliconANGLE

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From Mediagazer

Benjamin Mullin / New York Times:
Arkansas PBS severs ties with the PBS network, the first state public TV system to do so since Congress cut CPB funds, citing the annual $2M+ membership cost

Sam Roberts / New York Times:
Arthur L. Carter, who started a Connecticut newspaper in 1981, bought and sold The Nation, and founded the New York Observer in 1987, has died at 93

Pamela McClintock / The Hollywood Reporter:
Disney's Zootopia 2 surpasses $1B at the global box office, the fastest PG-rated film to do so after just 17 days in release

More News

Alex Wickham / Bloomberg:
The UK says “there's no justification” for Elon Musk saying that “civil war is inevitable”, and calls on social media companies to moderate misinformation more
Michael Moritz / Financial Times:
Silicon Valley's Trump supporters are making the same mistake as all powerful people who back authoritarians: they can't control him, and he won't keep promises

Earlier Picks

Berber Jin / Wall Street Journal:
Investor letter: Josh Kushner says Thrive Capital raised a $1B early-stage fund and a $4B late-stage fund, its largest-ever pair, after backing OpenAI in 2023
Bart Meijer / Reuters:
The European Commission says TikTok agreed to permanently withdraw and not replace TikTok Lite's “Task and Reward Programme” in the EU to comply with the DSA
Rachael Levy / Reuters:
Elon Musk says Neuralink has implanted its device in a second trial patient, who had a spinal cord injury, and 400 of the implant's 1,024 electrodes are working
Zach Dorfman / Politico:
A look at Operation Intering, an FBI-led sabotage campaign in the 1980s to secretly ship millions worth of faulty chips to the Soviet Bloc
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