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April 25, 2024, 12:35 AM
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| Lauren Feiner / The Verge: |
President Biden signs the ByteDance-TikTok divest-or-ban bill into law, after the Senate passed it by 79-18; the House passed the legislation 360-58 on April 20 — The divest-or-ban bill is now law, starting the clock for ByteDance to make its move. The company has an initial nine months …
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Threads: @jbillinson, @ezeekat, @jw, and @alexheath
Mastodon: @mattontech@mastodon.sdf.org and @NeoNacho@mastodon.social
X: @tiktokpolicy, @potus, @micsolana, @megabasedchad, @ashleevance, @tiktokpolicy, @cinemasai_, @maxwinebach, @adamkovac, @themaxburns, @ldrogen, @rlheinrichs, @munster_gene, @kyurieff, @blackleftaf, @michaelsobolik, @aripap, @repdancrenshaw, @alexgrayforok, @jameeljaffer, @michaelsobolik, @viacristiano, @nathanleamerdc, @djvlad, @jeromysonne, @michaelsobolik, @kellymakena, @alyssafarah, @aghamilton29, @steventdennis, @mtracey, @danprimack, @ddimolfetta, @carnage4life, @mkraju, @brendancarrfcc, @yashar, @alexbarinka, @deedydas, @viacristiano, @therecount, @drjessmaddox, @deanbaker13, and @hankgreen. LinkedIn: Zack Stern
| New York Times: |
More: Techdirt, NPR, Politico, NBC News, Courthouse News Service, Forbes, and The Atlantic
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| Alex Barinka / Bloomberg: |
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Forums: r/neoliberal, r/FreeSpeech, and r/business
| M.G. Siegler / Spyglass: |
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| Monica Alba / NBC News: |
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| Will Oremus / Washington Post: |
| Meta Investor Relations: |
Meta reports Q1 revenue up 27% YoY to $36.46B, net income up 117% YoY to $12.37B, and family daily active people up 7% YoY to 3.24B for March 2024 — Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended March 31, 2024.
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Threads: @mranthropology. X: @munster_gene, @munster_gene, @munster_gene, @mikeisaac, @kelseyhightower, @munster_gene, @mikeisaac, @supbagholder, @swiftstories, @thetranscript_, @eric_seufert, @eric_seufert, @tidefallcapital, @richlightshed, @conorsen, @eric_seufert, and @mikeisaac. LinkedIn: Andy Barr. Forums: Hacker News
| Ashley Capoot / CNBC: |
Meta's stock drops 15%+ after hours on weak Q2 revenue guidance and higher FY 2024 capital expenditures due to increased AI infrastructure investments — Meta shares plunged in extended trading on Wednesday after the company issued a light forecast, overshadowing better-than-expected first-quarter results.
More: Financial Times, Wall Street Journal, Livemint, Benzinga, FXStreet, Reuters, Shacknews, Benzinga, The Crypto Times, The Hollywood Reporter, NBC News, Proactive, Bloomberg, Fast Company, and The Irish Times
X: @sal19, @ericjhonsa, @munster_gene, @lexnfx, @stockmarketnerd, @munster_gene, @rihardjarc, @lexnfx, @thetranscript_, @mikeisaac, @eric_seufert, @netcapgirl, @munster_gene, @selfmademastery, @mayhem4markets, @ericjhonsa, @munster_gene, @rihardjarc, @mikeisaac, @edludlow, @edludlow, @northmantrader, and @carnage4life
| Alex Heath / The Verge: |
More: Moneycontrol, Business Today, Financial Times, Bloomberg, Metanews, Business Insider, Business Insider, Dow Jones Newswires, and New York Times. Bluesky: @marygillis.bsky.social
| Alex Koller / CNBC: |
More: Proactive and MarketWatch
X: @cap_zay, @brandolightshed, @jason_kint, @ballmatthew, @lamonicabuzz, @ballmatthew, and @qcapital2020. Forums: r/Economics
| Andy Greenberg / Wired: |
Cisco details a hacking campaign that penetrated multiple governments' networks using two zero-day flaws in its VPN and firewall Adaptive Security Appliances — Sources suspect China is behind the targeted exploitation of two zero-day vulnerabilities in Cisco's security appliances.
More: Cisco Talos Blog, Cisco, Cisco, Ars Technica, BleepingComputer, Canadian Centre …, The Register, Cybersecurity …, InfoRiskToday.com, SiliconANGLE, The Record, CRN, SecurityWeek, and Security Affairs
Mastodon: @da_667@infosec.exchange, @GossiTheDog@cyberplace.social, @mttaggart@infosec.town, and @agreenberg@infosec.exchange
LinkedIn: Lodi Hensen and Alexander Viftrup Andersen
| Ben Glickman / Wall Street Journal: |
IBM agrees to buy HashiCorp, which helps companies manage cloud infrastructure, in a deal valuing HashiCorp at $6.4B and expected to close by the end of 2024 — IBM will pay $35 a share for the cloud-software company in cash, giving it access to HashiCorp's roster of some 4,400 clients
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Mastodon: @megmac@social.treehouse …. Bluesky: @permadeath.com. LinkedIn: Armon Dadgar, Bill Grady, Bryan Krausen, Ingo Averdunk, Akram Zaky, and Aly Farooqui. Forums: r/Terraform
| Jordan Novet / CNBC: |
More: Reuters, IBM, Bloomberg, Constellation Research, and Barron's Online
Forums: Hacker News, r/technology, and Slashdot
| David Pierce / The Verge: |
Hands-on with the Rabbit R1: a fun and funky AI device that feels pretty nice and does a solid job with basic AI questions, but the Rabbithole app is unfinished — There were times I wasn't sure the Rabbit R1 was even a real thing. The AI-powered, Teenage Engineering-designed device came …
More: Engadget, rabbitscam on GitHub, 9to5Google, PCMag, Android Headlines, TechCrunch, ZDNet, TechSpot, Dexerto, Wired, Mashable, Mashable, Tom's Guide, and CNET
Threads: @carnage4life. Mastodon: @carnage4life@mas.to and @stroughtonsmith …. Bluesky: @zitron.bsky.social
| Bob Van Voris / Bloomberg: |
US prosecutors charge two founders of the Samourai Wallet crypto mixing service, saying it facilitated more than $100M in money laundering transactions — - US prosecutors say Samourai Wallet was ‘haven for criminals’ — Europol has said crypto mixing services are a ‘top threat’
More: US Department of Justice, CoinDesk, Axios, Benzinga, Cryptonews, Bitcoinist.com, The Crypto Times, The Block, crypto.news, Crypto Briefing, CryptoSlate, and The Record
Forums: r/Monero and r/ethtrader
| Kyle Wiggers / TechCrunch: |
AI coding assistant startup Augment emerges from stealth with a $227M Series B at a $977M post-money valuation, following a $25M Series A led by Sutter Hill — AI is supercharging coding — and developers are embracing it. — In a recent StackOverflow poll, 44% of software engineers …
More: Augment, SiliconANGLE, and Maginative
X: @typedfemale and @hyhieu226
Forums: Hacker News and Hacker News
| Joanna Nelius / The Verge: |
Qualcomm details its Snapdragon X Plus and X Elite chips; benchmarks from a demo suggest the chips match Apple's M3, Intel's Core Ultra 9, and AMD's Ryzen 9 — On Wednesday, Qualcomm announced the impending arrival of its Snapdragon X Plus laptop processor alongside more information …
More: VentureBeat, Ars Technica, AnandTech, 9to5Google, PCMag, HotHardware, Snapdragon on YouTube, Forbes, XDA Developers, Thurrott, Tomshardware, and Tom's Hardware
X: @vadimyuryev, @snapdragon, @daniel_rubino, @edludlow, @tomwarren, @sean_endicott_, @unixterminal, @g_schneemann, and @theunlockr. LinkedIn: Brent Summers. Forums: r/technology
| Charlie Demerjian / SemiAccurate: |
More: PhoneArena and Macworld
X: @cdemerjian, @kepler_l2, @ghost_motley, and @aadetugbo
Forums: r/hardware and Slashdot
| Shubham Sharma / VentureBeat: |
Snowflake announces Arctic, an LLM optimized for enterprise tasks such as SQL generation, coding, and instruction following, with an Apache 2.0 license — Today, Snowflake announced the launch of Arctic, a large language model (LLM) optimized for complex enterprise workloads such as SQL generation …
More: Snowflake, Barron's Online, ZDNet, CIO Dive, ITPro, InfoWorld, TechCrunch, and SiliconANGLE
X: @haozhangml, @vivek7ue, @ramaswmysridhar, @thom_wolf, @aurickq, @omarsar0, @jeffra45, @snowflakedb, @yahoofinance, @unixterminal, @vivek7ue, and @deliprao
LinkedIn: Craig Collier, Kaitlyn Hopkins, and Mike Biebel
| Meir Orbach / CTech: |
Nvidia acquires AI infrastructure orchestration and management service Run:ai, a source says for ~$700M; Run:ai, founded in 2018, had raised $118M to date — Run:ai enables enterprise customers to manage and optimize their compute infrastructure, whether on premises, in the cloud or in hybrid environments.| Shubham Sharma / VentureBeat: |
Apple researchers share OpenELM, a family of LLMs with 270M to 3B parameters, designed to run on-device, and pre-trained and fine-tuned on public datasets — Just as Google, Samsung and Microsoft continue to push their efforts with generative AI on PCs and mobile devices …
More: MacRumors, AppleInsider, 9to5Mac, arXiv.org, The Information, Philip Elmer‑DeWitt, The Register, The Verge, SiliconANGLE, and Simon Willison's Weblog
Threads: @paul_rietschka. X: @sbeastwindy, @nickadobos, @parkerortolani, @simonw, @burkov, @max_paperclips, @awnihannun, @simonw, @simonw, @_akhaliq, @thom_wolf, @pcuenq, @arankomatsuzaki, @clementdelangue, and @morastegari
Forums: Hacker News, Hacker News, r/LocalLLaMA, and MacRumors Forums
| Cheng Ting-Fang / Nikkei Asia: |
TSMC unveils a new chip manufacturing technology called A16 and says it plans to start producing its ultra-advanced 1.6nm chips by 2026 — Taiwan chip titan aims to secure leading position and capture AI demand — TAIPEI — Taiwan Semiconductor Manufacturing Co. says it will start production …
More: Reuters, TSMC, TrendForce Insights, and TweakTown
| Brian McGleenon / The Block: |
Worldcoin subsidiary World Assets plans to sell WLD tokens to meet the demand for orb-verified World IDs and support Worldcoin network growth; WLD drops 7%+ — - Worldcoin says its subsidiary World Assets may routinely sell WLD tokens to meet increasing demand for orb-verified World IDs and support network growth.
More: Worldcoin, Tech Policy Press, Semafor, BeInCrypto, Gizmodo, and Cointelegraph
X: @reedalbergotti, @foftypawlow, @nanixbt, @beniduboss, and @zachxbt
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| Aisha Malik / TechCrunch: |
WhatsApp rolls out passkey support on iOS, removing the need for users to deal with SMS one-time passcodes, six months after introducing the feature on Android — WhatsApp is introducing support for passkey verification on iOS, removing the need for users to deal with SMS one-time passcodes.
More: Engadget, Wccftech, MacRumors, iClarified, 9to5Mac, Neowin, The Verge, and PhoneArena
| CNBC: |
Source: cloud data management startup Rubrik priced its IPO at $32 a share, above its expected $28-$31 range, raising $752M and valuing the company at $5.6B — Bipul Sinha, co-founder and CEO of data security software company Rubrik. Sinha previously backed cloud management company Nutanix.
More: Reuters, CRN, Bloomberg, The Information, The Information, Barron's Online, Fortune, and SiliconANGLE. X: @lesliepicker
| Scharon Harding / Ars Technica: |
Reddit announces that its Dynamic Product Ads, which use “shopping signals” to automatically show relevant ads to users, are entering public beta globally — Reddit says its “communities are naturally commercial.” — Reddit has made it clear that it's an ad-first business.Sponsor Posts
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Shubham Sharma / VentureBeat:
Snowflake announces Arctic, an LLM optimized for enterprise tasks such as SQL generation, coding, and instruction following, with an Apache 2.0 licenseFind
15 minutes ago
Alex Heath / The Verge:
Mark Zuckerberg says Meta AI assistant has been “tried” by “tens of millions of people” and it will take Meta several years to make money from generative AIFind
34 minutes ago
Cheng Ting-Fang / Nikkei Asia:
TSMC unveils a new chip manufacturing technology called A16 and says it plans to start producing its ultra-advanced 1.6nm chips by 2026Find
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Scharon Harding / Ars Technica:
Reddit announces that its Dynamic Product Ads, which use “shopping signals” to automatically show relevant ads to users, are entering public beta globallyFind
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Yoolim Lee / Bloomberg:
SK Hynix reports Q1 revenue of ~$9B, more than doubling YoY, and ~$2B in operating income, above estimates of ~$1.3B and the biggest quarterly profit since 2022Find
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Annie Palmer / CNBC:
Memo: Thrasio CEO Greg Greeley plans to resign and five other senior executives will “step down when Thrasio emerges from Chapter 11 in the coming weeks”Find
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David Pierce / The Verge:
Hands-on with the Rabbit R1: a fun and funky AI device that feels pretty nice and does a solid job with basic AI questions, but the Rabbithole app is unfinishedFind
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More: PYMNTS.com, American Banker, Finextra, Stripe, Stripe, and Bloomberg
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| Tom Warren / The Verge: |
More: Engadget, BetaNews, TechSpot, CNET, Liliputing, The Register, Digital Trends, PCWorld, ExtremeTech, Windows Latest, Mashable, BGR, Gizmodo, 9to5Google, and XDA Developers
Mastodon: @GossiTheDog@cyberplace.social. Bluesky: @databyss.com. X: @thebookisclosed, @tomwarren, @xenopanther, @datnofact, @gamingonlinux, @jonyiveparody, and @baekdal
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| Adam Iscoe / New Yorker: |
More: Boing Boing. X: @danielgothits, @armanddoma, @moorehn, @theattack5, @gertsofficial, @ndubuc, @tanayj, @henry_roberts6, @pourteaux, @blackbird_xyz, @guyfierisuprfan, @mjnblack, @outonanisland, @divers1tyhire, @raihan_, @alexludoboyd, @davidiola_, @piouslymash, @iscoe, @willystaley, @bigseb31213, @matthewichoi, @krzysztof_lysy, @iscoe, @batman_in_samt, and @tomgara. Forums: r/nyc
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