Techmeme
September 3, 2024, 6:35 PM

Top News

Juby Babu / Reuters:
Starlink says it's now complying with an order from a Brazilian Supreme Court justice to block access to X in Brazil, after the country froze some of its assets  —  Elon Musk's satellite broadband company, Starlink, on Tuesday said that it is complying with Brazil's top court judge Alexandre de Moraes' order …
Sarah Perez / TechCrunch:
Bluesky says that, as of September 2, it had added over 2M new users in the past week, in the wake of Brazil's ban on X  —  Social networking startup Bluesky continues to benefit from X's shutdown in Brazil having now added over 2 million new users over the past four days, up from just half a million as of Friday.
Daniel Carvalho / Bloomberg:
Jean Mackenzie / BBC:
A deepfake porn crisis has hit 500+ South Korean schools, as police investigate crime rings targeting two major universities and consider a probe into Telegram  —  Last Saturday, a Telegram message popped up on Heejin's phone from an anonymous sender.  “Your pictures and personal information have been leaked.
Sean Hollister / The Verge:
Intel debuts Core Ultra 200V chips, touting AI performance, to ship in laptops from September 24 and rival Qualcomm's Snapdragon X Elite and AMD's Strix Point  —  Do good things come to laptop buyers who wait?  Today, Intel is revealing its first nine answers to Qualcomm's Snapdragon X Elite …
Nikkei Asia:
SEMI data: China spent a record $25B on chip tools in H1 2024, more than South Korea, Taiwan, and the US combined, and total spending could hit $50B in 2024  —  Record $25bn spent in first half in Beijing push to develop local supply chain  —  TAIPEI — China spent more on chipmaking equipment …
Bloomberg:
Sources: the DOJ sent subpoenas to Nvidia and others, as it seeks evidence that Nvidia violated antitrust laws by making it harder to switch suppliers and more  —  - Department also sent subpoenas to third parties in case  — Nvidia has built a dominant position in AI computing
Lauren Feiner / The Verge:
Dutch regulator fines Clearview AI €30.5M, following fines from the UK, France, Australia, and Italy, but Clearview says it is not subject to GDPR  —  Clearview AI has been hit with its largest fine yet under Europe's General Data Protection Regulation (GDPR) by a Dutch regulator.
Christiaan Hetzner / Fortune:
Elon Musk says xAI brought its “Colossus 100k H100 training cluster online” over the weekend, which will “double in size to 200k (50k H200s) in a few months”  —  Say what you will about Elon Musk, but when the technological disruptor sets his mind to something, he plays to win.
Denham Sadler / Information Age:
Sydney-based Canva announces a price increase, including hikes of 300% for some users, citing its new AI and generative AI features, as it prepares for a US IPO  —  Not so affordable anymore.  —  Canva has announced a price increase of 300 per cent for some of its users …
Kif Leswing / CNBC:
Semiconductor stocks fell on Tuesday, led by Nvidia, which dropped 9.53%; Intel fell 8.8%, Marvell 8.16%, AMD 7.82%, Qualcomm 6.88%, and Broadcom 6.16%  —  Semiconductor stocks, led by Nvidia, fell Tuesday during an overall down day for the market.  The S&P 500 slid by more than 1%.
More: Benzinga
Aisha Counts / Bloomberg:
In an internal letter, Snap CEO tries to rally staff amid a 48% stock price drop this year, says Snap will test new ad formats in the chat inbox and on Snap Map  —  - Snap's stock is down almost 50% on ad business struggles  — Social media app will begin testing new advertising formats

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Earlier Picks

Yuka Konishi / Nikkei Asia:
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Jonathan Browning / Bloomberg: