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August 5, 2024, 6:50 PM
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| Leah Nylen / Bloomberg: |
US v. Google: a federal judge rules that Google's payments to make its search engine the default on smartphone web browsers violate antitrust law — Google's payments to make its search engine the default on smartphone web browsers violates US antitrust law, a federal judge ruled Monday …
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Threads: @neil.cybart, @thejeffhou, @thekenyeung, @passantino, @daveleebbg, @karaswisher, and @brianstelter
Mastodon: @parismarx@mastodon.online and @theory@xoxo.zone
X: @lexnfx, @megangra, @florian4gamers, @lutherlowe, @ballmatthew, @modestproposal1, @jason_kint, @bcmerchant, @neilcybart, @florian4gamers, @bobbyallyn, @lutherlowe, @vidushi_law, @benthompson, @vidushi_law, @delrey, @timsweeneyepic, @rakeshsfnyc, @stevesi, @benthompson, @lexnfx, @briancalbrecht, @alexeheath, @alexeheath, and @benremaly
Forums: Hacker News, r/apple, r/technology, r/firefox, r/politics, r/degoogle, r/WorkReform, r/google, r/news, 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) …
More: BusinessLIVE, Tech Startups, CNBC, CNBC, Reuters, Wall Street Journal, Reuters, Seeking Alpha, Philip Elmer‑DeWitt, Quartz, Reuters, MacDailyNews, Wall Street Journal, Digital Music News, Sherwood News, CNBC, New York Times, New York Times, NBC News, TweakTown, Business Standard, MacRumors, Wall Street Journal, Telegraph, Reuters, Philip Elmer‑DeWitt, and Financial Times
X: @jonerlichman, @thestalwart, @zerohedge, @nikitabier, @rawsalerts, @pitdesi, @yrechtman, @garymarcus, @kelseyhightower, @edludlow, @thestalwart, @spectatorindex, @squawkcnbc, and @ldignan
Forums: Blind and MacRumors Forums
| 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% …
More: Reuters, CoinShares Research Blog, Decrypt, Cryptonews, Bloomberg, Wall Street Journal, New York Times, Crypto Briefing, Watcher Guru, crypto.news, Crypto Adventure, CNBC, New York Times, The Block, The Block, Bloomberg, New York Times, Decrypt, Bloomberg, Bloomberg, Financial Times, and Reuters
X: @justinsuntron, @jonwu_, @peruvian_bull, @intocryptoverse, @tolstoybb, @thestalwart, @thestalwart, @levie, @loopifyyy, @smtuffy, @deitaone, @birdyword, @thestalwart, @iwriteok, @thestalwart, @naiivememe, and @buccocapital
Forums: r/business, r/worldnews, and r/neoliberal
| Financial Times: |
Investor letter: Elliott Management says megacap tech stocks, particularly Nvidia, were in “bubble land”, and AI is “overhyped” and “not ready for prime time” — Hedge fund tells clients many supposed applications of the technology are ‘never going to actually work’| 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 …
More: Engadget, Pivot to AI, Game Developer, Futurism, Digital Trends, Cryptopolitan, iPhone in Canada Blog, and Simon Willison's Weblog
Mastodon: @timnitGebru@dair …, @paco@infosec.exchange, and @simon@fedi.simonwillison.net
X: @samleecole, @jason_koebler, @samleecole, @mkbhd, @minimaxir, @simonw, @simonw, @jason_koebler, @josephfcox, @samleecole, @minimaxir, and @jason_koebler. LinkedIn: Samantha Cole
Forums: r/singularity, r/hardware, r/NVDA_Stock, r/technology, and Slashdot
| 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.
More: Bloomberg, The Guardian, New York Post, Engadget, Fortune, Wired, The Verge, Quartz, and Business Insider
| 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.
More: Reuters, The Hill, The Verge, CNN, SiliconANGLE, Financial Times, Associated Press, Benzinga, Ars Technica, Mashable, Axios, United States District Court, Northern District of California, Cryptopolitan, Washington Post, Fortune, PYMNTS.com, PCMag, Cointelegraph, Windows Central, Decrypt, The Hollywood Reporter, CoinGape, Neowin, South China Morning Post, WinBuzzer, Tech Xplore, AI News, Android Headlines, Business Today, Quartz, Wall Street Journal, New York Post, Engadget, CNBC, and Deadline
| 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.
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X: @ronbrownstein and @garymarcus
Forums: r/Twitter and r/politics
| Todd Bishop / GeekWire: |
Memo from Microsoft's chief people officer: “everyone at Microsoft” now has “security” as a “Core Priority”, used in performance reviews — Microsoft will elevate security to the status of “core priority” for all employees as part of the process of focusing … | 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 …
More: MacRumors, Computerworld, CNET, The Independent, MacRumors, MacRumors, 9to5Mac, The Verge, TechCrunch, OS X Daily, AppleInsider, 9to5Mac, 9to5Mac, Neowin, Forbes, iMore, TechRadar, LifeHacker, BGR, and Trusted Reviews
X: @brandonbutch and @bzamayo
| Sergiu Gatlan / BleepingComputer: |
Researchers discover a bug, exploited since 2018, in Windows Smart App Control and SmartScreen that lets attackers avoid security warnings for unsigned binaries — A design flaw in Windows Smart App Control and SmartScreen that enables attackers to launch programs without triggering security warnings … | 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 …
X: @openaidevs, @aidfulai, @sherwinwu, and @edzitron
| 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 an Intel executive as COO — Cisco and Samsung invested in the $640 million deal — Artificial intelligence startup Groq Inc. has raised $640 million in new funding …
More: The Register, Groq, PYMNTS.com, VentureBeat, Unite.AI, SiliconANGLE, TechCrunch, Fortune, Quartz, Maginative, The Decoder, DatacenterDynamics, insideHPC, The Information, FinSMEs, Tech Startups, NewsBytes, Financial Times, Reuters, and Axios
X: @alexrkonrad, @chamath, @groqinc, @morqon, @ozenhati, @lifebypixels, @lexnfx, @ozenhati, @nihalmehta, @richardjnieva, @sundeep, and @basedbeffjezos
LinkedIn: Bernard Moon, Anh-Tho Chuong, and Claire Hart
| 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 …
More: The Verge, Wall Street Journal, Cybersecurity Dive, Gizmodo, BleepingComputer, CNN, New York Post, Engadget, WebProNews, iTnews, Reuters, NBC News, Quartz, Windows Central, ITPro, PCMag, Financial Times, Digital Trends, and New York Times
Bluesky: @marypcbuk.bsky.social. X: @david_slotnick, @kpottermn, @moetkacik, and @david_slotnick. Forums: r/technews
| 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 …
More: Benzinga and Fierce Network
| 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 …
More: Tech Startups
| 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, hotel industry, and more — The head of online hotel and flight giant Booking on how competition, regulation, and AI are changing travel.
More: Skift
| Washington Post: |
An analysis of AI chats in English: 21% of people use chatbots for creative writing, 18% for homework help, 17% for search, 15% for work, and 7% for coding — AI chatbots are taking the world by storm. We analyzed thousands of conversations to see what people are really asking them and what topics are most discussed.| Mihai Matei / SamMobile: |
Sources: Samsung plans to bring some Galaxy AI features to select mid-range smartphones as well, including the Galaxy A35 and Galaxy A55 which launched in 2024 — We have some exciting information to share, especially for Galaxy A phone users hoping to get their hands on some Galaxy AI action.| Lionel Laurent / Bloomberg: |
The architect of the initial European Commission proposal behind the EU AI Act says its reach ended up being too broad and it may entrench big US tech companies — New AI rules risk entrenching the transatlantic tech divide rather than narrowing it.| 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 … Sponsor Posts
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