| Jennifer Elias / CNBC: |
A look at the DOJ's and multiple states' antitrust lawsuit against Google's ad business, as its trial is set to begin on September 9 — A month after losing a landmark antitrust case brought by the Department of Justice, Google is headed back to court to face off for a second time against federal prosecutors.| Eva Hartog / Politico: |
A profile of Pavel Durov's older brother Nikolai, who is reportedly still in Russia and is responsible for Telegram's encryption standard MTProto protocol — Nikolai Durov, who is also wanted by cops in France, is responsible for the messaging app's encryption standard.| The Guardian: |
| New York Times: |
Analysis of 3.2M+ Telegram messages from 16K+ channels shows how the app is inundated with criminal activity, CSAM, drug dealers, white nationalists, and more — Drug dealers, scammers and white nationalists openly conduct business and spread toxic speech on the platform … | Zheping Huang / Bloomberg: |
Hero Games' Daniel Wu reflects on his studio's 20% stake in Game Science, the creator of China's biggest PC game Black Myth: Wukong, which has sold 18M+ copies — - China's biggest PC game reached 18 million sales in two weeks — Beijing endorsement of ‘Wukong’ seen as positive for industry| Levi Sumagaysay / CalMatters: |
An investigation details the lack of enforcement of CA's Prop 22 about four years after the ballot initiative, backed by gig economy companies, became state law — Prop. 22 promised improved pay and benefits for California gig workers. But when companies fail to deliver, the state isn't doing much to help push back.| Megan Cassella / CNBC: |
In a letter, Kamala Harris is endorsed for president by 88 corporate leaders, including Yelp CEO Jeremy Stoppelman and Ripple co-founder Chris Larsen — @IN/MEGAN-CASSELLA-BA02A160/ @MMCASSELLA — Eighty-eight corporate leaders signed a new letter Friday endorsing Vice President Kamala Harris for president.| Bloomberg: |
Character.AI, Aleph Alpha, and other AI startups that raised hundreds of millions are struggling to compete against better-funded rivals and Big Tech companies — Even companies that raised hundreds of millions in funding are bowing out of the race to develop advanced AI models.| Cecilia Kang / New York Times: |
The judge in the Google monopoly ruling says he'll take until August 2025 to determine remedies in the case and asks the DOJ to propose fixes by the end of 2024 — After ruling against Google last month, Judge Amit P. Mehta said he would take until next August to determine fixes that the company must make.| Financial Times: |
Companies and customers say the cost of renting cloud services using Nvidia's A100 and H100 chips is lower in China than in the US despite the export controls — Supply of processors helps Chinese start-ups advance artificial intelligence technology despite Washington's restrictions| Aisha Malik / TechCrunch: |
Roblox plans a generative AI tool to let creators make 3D scenes using text prompts, and announces new social features like Party and Music Charts — At the annual Roblox Developers Conference, the company announced on Friday a series of upcoming changes coming to the platform in the next few months and years.| Alex Heath / The Verge: |
| Carl Franzen / VentureBeat: |
HyperWrite CEO unveils Reflection 70B, based on Llama 3.1 70B Instruct and trained using reflection-tuning, and says it beats GPT-4o in all benchmarks tested — There's a new king in town: Matt Shumer, co-founder and CEO of AI writing startup HyperWrite, today unveiled Reflection 70B … | Jordan Novet / CNBC: |
S&P Global announces that Dell and Palantir will join the S&P 500, effective on September 23, 2024; DELL jumps 5%+ and PLTR jumps 7%+ after hours — Dell and Palantir both jumped about 7% in extended trading Friday after S&P Global announced that the companies would join the S&P 500 index.| Kyle Wiggers / TechCrunch: |
Meta details its plans for WhatsApp and Messenger interoperability with third-party apps in the EU, with group chats in 2025 and voice and video calling in 2027 — Meta on Friday published an update on how it plans to comply with the Digital Markets Act (DMA), the European law that aims …
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| Chris McKay / Maginative: |
| Gerrit De Vynck / Washington Post: |
| Wall Street Journal: |
| Mark Gurman / Bloomberg: |