~techmeme | Bookmarks (1030)
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ByteDance says it has no plans to sell TikTok, responding to a report suggesting that it is considering scenarios for selling a majority stake in US TikTok
Sherry Qin / Wall Street Journal: ByteDance says it has no plans to sell TikTok, responding...
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TechInsights teardown: Huawei's Pura 70 uses a 7nm chip, similar to the Mate 60, and a Kirin 9010 processor, a newer version of the Mate 60 Pro's Kirin 9000s
Vlad Savov / Bloomberg: TechInsights teardown: Huawei's Pura 70 uses a 7nm chip, similar to the...
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Sources: the US is urging Japan, South Korea, and the Netherlands to tighten export controls to China, including stopping engineers from servicing Chinese fabs
Financial Times: Sources: the US is urging Japan, South Korea, and the Netherlands to tighten export...
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New rules that allow UK law enforcement agencies to seize, destroy, or transfer crypto holdings used for crime before making an arrest take effect
Camomile Shumba / CoinDesk: New rules that allow UK law enforcement agencies to seize, destroy, or...
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Former Twilio CEO and co-founder Jeff Lawson buys The Onion from G/O Media, via his new company Global Tetrahedron; Lawson had long wanted to buy the site
Katie Robertson / New York Times: Former Twilio CEO and co-founder Jeff Lawson buys The Onion...
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Consensys sues the US SEC over what it calls the “unlawful seizure of authority” over ethereum, after receiving a Wells notice for its MetaMask wallet product
CoinDesk: Consensys sues the US SEC over what it calls the “unlawful seizure of authority” over...
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The CHIPS Act has been surprisingly successful so far, giving the US greater scope to meet critical infrastructure needs in the event of a crisis in East Asia
Chris Miller / Financial Times: The CHIPS Act has been surprisingly successful so far, giving the...
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In a subpoena, Elon Musk asked Helen Toner to hand over documents about her departure from OpenAI's board and how OpenAI decides when a technology achieves AGI
Bloomberg: In a subpoena, Elon Musk asked Helen Toner to hand over documents about her departure...
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Roku reports Q1 revenue up 19% YoY to $882M, vs. $848.62M est., a net loss of $50.9M, compared to $193.6M YoY, and 81.6M active accounts, up 1.6M from Q4 2023
Jennifer Maas / Variety: Roku reports Q1 revenue up 19% YoY to $882M, vs. $848.62M est.,...
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Atlassian's co-CEO Scott Farquhar plans to step down on August 31, 2024, after 23 years at the company; he will remain a board member and a special advisor
Scott Farquhar / Work Life: Atlassian's co-CEO Scott Farquhar plans to step down on August 31,...
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Snap reports Q1 revenue up 21% YoY to $1.19B, vs. $1.12B est., DAUs up 10% YoY to 422M, a net loss of $305M, compared to $329M YoY; SNAP jumps 24%+ after hours
Ashley Capoot / CNBC: Snap reports Q1 revenue up 21% YoY to $1.19B, vs. $1.12B est.,...
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Alphabet announces its first-ever dividend and authorizes the repurchase of up to an additional $70B of its Class A and Class C shares
Akash Sriram / Reuters: Alphabet announces its first-ever dividend and authorizes the repurchase of up to...
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YouTube's Q1 ad revenue climbs 21% YoY to $8.1B, vs. $7.72B estimated, its highest Q1 total to date
Todd Spangler / Variety: YouTube's Q1 ad revenue climbs 21% YoY to $8.1B, vs. $7.72B estimated,...
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Microsoft reports Q3 Intelligent Cloud revenue up 21% YoY to $26.71B, vs. $26.26B est., with Azure and other cloud services revenue up 31% YoY
Jordan Novet / CNBC: Microsoft reports Q3 Intelligent Cloud revenue up 21% YoY to $26.71B, vs....
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Intel reports Q1 revenue up 9% YoY to $12.72B, vs. $12.78B est., Data Center and AI up 5% to $3B, and Q2 revenue guidance below est.; INTC drops 7%+ after hours
Kif Leswing / CNBC: Intel reports Q1 revenue up 9% YoY to $12.72B, vs. $12.78B est.,...
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A look at Saudi Arabia's spending blitz to become an AI superpower, which has put the kingdom in the middle of an escalating global competition over AI
New York Times: A look at Saudi Arabia's spending blitz to become an AI superpower, which...
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Filing: Swiggy, which has a ~45.8% share of the Indian food delivery market, secures shareholder approval for a potential $1.25B IPO, slated for later this year
Manish Singh / TechCrunch: Filing: Swiggy, which has a ~45.8% share of the Indian food delivery...
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Sources: ByteDance execs have previously considered TikTok's global operations to be worth ~50% of the company's overall value, which would put it above $100B
Wall Street Journal: Sources: ByteDance execs have previously considered TikTok's global operations to be worth ~50%...
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K Krithivasan, the CEO of Indian IT giant TCS, says there'll be “minimal” need for call centers in as soon as a year, as AI chatbots take over much of the work
Financial Times: K Krithivasan, the CEO of Indian IT giant TCS, says there'll be “minimal” need...
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On Meta's Q1 earnings call, Mark Zuckerberg said Threads now has more than 150M MAUs, up from 130M in February 2024
Karissa Bell / Engadget: On Meta's Q1 earnings call, Mark Zuckerberg said Threads now has more...
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Snowflake announces Arctic, an LLM optimized for enterprise tasks such as SQL generation, coding, and instruction following, with an Apache 2.0 license
Shubham Sharma / VentureBeat: Snowflake announces Arctic, an LLM optimized for enterprise tasks such as SQL...
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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 AI
Alex Heath / The Verge: Mark Zuckerberg says Meta AI assistant has been “tried” by “tens...
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TSMC unveils a new chip manufacturing technology called A16 and says it plans to start producing its ultra-advanced 1.6nm chips by 2026
Cheng Ting-Fang / Nikkei Asia: TSMC unveils a new chip manufacturing technology called A16 and says...
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Reddit announces that its Dynamic Product Ads, which use “shopping signals” to automatically show relevant ads to users, are entering public beta globally
Scharon Harding / Ars Technica: Reddit announces that its Dynamic Product Ads, which use “shopping signals”...