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Techmeme
August 19, 2024, 9:05 AM
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Top News

Mark Gurman / Bloomberg:
A look at Apple's work on its in-house modem chip, set to replace Qualcomm's, which may debut in select models in 2025, with the full rollout taking a few years  —  Apple's move to drop Qualcomm modem chips won't have a payoff at the outset, but it could set the stage for bigger things later.
Asa Fitch / Wall Street Journal:
AMD agrees to buy New Jersey-based ZT Systems, founded in 1994 to design and make servers, server racks, and other infrastructure, for $4.9B, closing in H1 2025  —  ZT Systems produces servers, other equipment used in data centers for artificial intelligence
Anthony Ha / TechCrunch:
X says it is closing its operations in Brazil, claiming a judge threatened “arrest if we do not comply with his censorship orders”; X still remains available  —  X, the social media platform formerly known as Twitter, said today that it's ending operations in Brazil …
Camilla Hodgson / Financial Times:
FOI documents: data center water consumption in Virginia, home to the world's largest cluster of data centers, hit 1.85B+ gallons in 2023, up from 1.13B in 2019  —  Usage has increased by almost two-thirds since 2019 in the world's largest concentration of computing infrastructure
Gregory Meyer / Financial Times:
In Q2, Walmart said its ad business grew 30% in the past year; eMarketer says Walmart will claim 6.8% of 2024 US retail media spending, for $3.7B in ad revenue  —  A high-margin and fast-growing ad business is changing the chain's relationship with brands  —  Walmart last week reported rising sales …
Washington Post:
Girls In Tech, Women Who Code, and other groups that aimed to diversify Silicon Valley are closing or rebranding to stay afloat, as critics attack DEI efforts  —  Groups like Girls In Tech and Women Who Code promised to attract women and people of color to the tech industry.

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From Mediagazer

Alex Weprin / The Hollywood Reporter:
Kamala Harris, who has mostly avoided interviews over the past few months, readies a media blitz, including the Call Her Daddy podcast, The View, and 60 Minutes

Financial Times:
Sources: New York Sun owner Dovid Efune is close to striking a deal to buy The Telegraph for £550M+, more than what others like National World offered

Dylan Byers / @dylanbyers:
[Thread] CBS News leaders told staff that Tony Dokoupil's interview with Ta-Nehisi Coates about the Israel-Hamas war did not meet impartiality standards

More News

Jeremy Stern / Tablet:
A profile of Palmer Luckey, who sold Oculus to Facebook, was fired after donating to a pro-Trump troll group, and now imagines a new age of warfare at Anduril
Joyce Lee / Reuters:
South Korean AI chip makers Rebellions and Sapeon agree to merge; Rebellions has raised $225M+, and Sapeon's shareholders include SK Telecom and SK Hynix
Edward Helmore / The Guardian:
Dating apps are struggling as users seek organic ways to meet; Match Group reported a decline in the total number of paying users for seven straight quarters
Maureen Dowd / New York Times:
An interview with Palantir CEO Alex Karp on co-founding the company, autonomous weapons systems, AI, supporting Kamala Harris, Silicon Valley critics, and more
Carl Franzen / VentureBeat:
Runway debuts Gen-3 Alpha Turbo, a faster and cheaper model than Gen-3 Alpha, capable of generating 5- or 10-second-long video clips, available for all plans

Earlier Picks

Representative Nancy Pelosi:
Nancy Pelosi issues a statement in opposition to California's AI safety bill, saying it is “well-intentioned but ill-informed” and “more harmful than helpful”
Justin Bachman / Legal Dive:
A YouTuber files a proposed class action against Nvidia, accusing it of scraping his content without consent to train AI models, weeks after also suing OpenAI
Cade Metz / New York Times:
OpenAI removed a cluster of Iranian accounts using ChatGPT for an influence campaign targeting the US elections, and says the effort didn't gain much traction
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