Ahead of a US Senate hearing, Mark Zuckerberg calls for requiring Apple and Google to verify ages via app stores; Linda Yaccarino and Evan Spiegel support KOSA
Heads of Meta and X are among five social media chief executives to face Congress grilling — The chief executives of five …
UMG plans to stop licensing content to TikTok after their deal expires on January 31, saying they didn't reach terms over issues like artist compensation and AI
UMG said that its agreement with TikTok is set to expire on Jan. 31. “The companies have not agreed to terms for a new agreement …
Microsoft reports Q2 revenue up 18% YoY to $62B, net income up 33% YoY to $21.9B, Office Commercial revenue up 15% YoY, and LinkedIn revenue up 9% YoY
REDMOND, Wash. — January 30, 2024 — Microsoft Corp. today announced the following results for the quarter ended December 31, 2023 …
Alphabet reports Q4 revenue up 13% YoY to $86B, net income up 52% to $20.7B, Google Cloud revenue up 26% to $9.2B, and headcount down 4%+; GOOG drops 5%+
MOUNTAIN VIEW, Calif. - January 30, 2024 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter and fiscal year ended December 31, 2023.
A live blog of the US Senate Judiciary Committee's hearing on kids' online safety, including testimony from Mark Zuckerberg, Linda Yaccarino, and Evan Spiegel
The chief executives of five major tech companies are testifying Wednesday about allegations they failed to protect children …
US lawmakers release 90 pages of Meta emails from 2021, showing Mark Zuckerberg rejected calls to bulk up resources for children's well-being and safety
Lawmakers released internal emails detailing the company's failed efforts to add staff to focus on the online safety of minors, hours before a hearing on the topic.
A look at the four major categories of apps that could emerge at the intersection of crypto and AI, and the prospects and challenges of each category
Special thanks to the Worldcoin and Modulus Labs teams, Xinyuan Sun, Martin Koeppelmann and Illia Polosukhin for feedback and discussion.
UK prosecutors say the Met Police seized 61K bitcoin, worth £1.4B+, in 2018, as part of a trial over an alleged ~£5B investment fraud in China between 2014-2017
One of the world's largest seizures revealed during trial of woman accused of laundering cryptocurrency for her former employer
Ripple co-founder Chris Larsen confirms “unauthorized access” to “a few of my personal XRP accounts”, after ZachXBT noted outflows of 213M XRP, worth $112.5M
- Ripple co-founder Chris Larsen said Wednesday that there had been “unauthorized access” to “a few of my personal XRP accounts.”
Silicon Valley's powerful companies claim to embrace Enlightenment values, but instead are leading an antidemocratic, illiberal, and authoritarian technocracy
Silicon Valley has its own ascendant political ideology. It's past time we call it what it is.
Samsung reports Q4 revenue down 3.8% YoY to ~$51B, vs. ~$52.1B est., operating profit down ~35% YoY to ~$2.1B, vs. ~$2.6B est., and rising 2024 memory demand
- Samsung on Wednesday reported a 34.57% drop in operating profit in the fourth quarter from a year ago, in line with its guidance issued earlier this month.
In a prepared Senate testimony, TikTok CEO Shou Chew says the company plans to spend $2B+ in 2024 on trust and safety globally and that the app has 170M US MAUs
Alex Barinka / Bloomberg :
Microsoft reports Q2 Intelligent Cloud revenue up 20% YoY to $25.88B, vs. $25.29B est., with Azure and other cloud services revenue up 30% YoY, vs. 27.7% est.
Jordan Novet / CNBC :
Bipartisan Senators unveil the DEFIANCE Act, which would let people sue over deepfake porn and other AI “intimate” images, after the viral Taylor Swift images
US lawmakers have proposed letting people sue over faked pornographic images of themselves, following the spread …
A look at Ubisoft's problems, as insiders fear further layoffs: a wild goose chase of popular fads, like NFTs, constant delays, low player numbers, and more
As industry-wide layoffs continue to plague headlines, Ubisoft, the sixth-largest video game company by employees, is at a crossroads.
A profile of UMG CEO Lucian Grainge, who helped record labels rake in billions of dollars from streaming and now hopes to do the same with generative AI
John Seabrook / New Yorker : X: @carolineonline_ and @drorpoleg . Forums: Hacker News See also Mediagazer X: Caroline Butler / @carolineonline_ : A bit of a puff piece for Lucien Grainge but an absol...
Nvidia RTX 4080 Super review: a $200 price cut to $999, 16GB of VRAM, and impressive 4K performance, but not a big performance boost over the RTX 4070
Nvidia's RTX 4080 Super is the third and potentially final of Nvidia's refreshed 40-series GPUs. The RTX 4070 Super got …
The FBI and DOJ disrupt Volt Typhoon, a uniquely dangerous Chinese hacking operation to hijack thousands of Cisco and Netgear routers at the end of their lives
Chinese hackers prepare to ‘wreak havoc’ against Americans, FBI Director Chris Wray tells Congress
The Reserve Bank of India issues new curbs against Paytm's Payments Bank, including barring new deposits, credit transactions, and more after February 29
The Reserve Bank of India issued new strict curbs on Paytm's Payments Bank, which processes transactions for financial services giant Paytm …
Elon Musk says that Neuralink implanted its first device in a human on January 28, and its product, Telepathy, will enable control of a user's phone or computer
I think that's a good thing. … Ben Collins / @oneunderscore__ : I have also implanted a little computer into a guy's brain. No I won't prove it. I will not be taking questions. Please make stock go...
ByteDance co-founder and CEO Liang Rubo urges staff to resist mediocrity after the company missed the initial wave of generative AI, in a company-wide meeting
- Co-founder said the company showed signs of complacency — Chinese peer Baidu claims its model can rival OpenAI's ChatGPT
Microsoft Q2: devices revenue down 9% YoY, Windows OEM revenue up 11% YoY, Xbox content and services revenue up 61% YoY, search and news ad revenue up 8% YoY
Q&A with Sen. Brian Schatz on Congress' dysfunction in the tech space, regulating tech firms, the EU's DMA, AI, deepfakes, social media laws for kids, and more
Today, I'm talking with Senator Brian Schatz of Hawaii. He's been in the Senate for a little more than a decade now, and he's seen a lot in that time.
Ahead of the Senate hearing, US lawmakers release 90 pages of internal Meta emails from 2021, showing how Mark Zuckerberg rejected calls to bulk up child safety
AMD reports Q4 revenue down 10% YoY to $6.2B, net income up 3,076% to $667M, Data Center revenue up 38% to $2.3B, Q1 revenue forecast below est.; AMD drops 5%+
Arsheeya Bajwa / Reuters :
Ransomware negotiation firm Coveware: the number of ransomware victims paying ransom demands dropped to a record low of 29% in Q4 2023, down from 85% in Q1 2019
The number of ransomware victims paying ransom demands has dropped to a record low of 29% in the final quarter of 2023, according to ransomware negotiation firm Coveware.
An FTX lawyer says the exchange expects to fully repay its customers and has abandoned efforts to restart the platform due to a lack of buyers
Its FTT token surged about 11% after the news. — 10 Years of Decentralizing the Future — May 29-31, 2024 - Austin, TexasThe biggest …
23andMe's stock, which hit a $6B valuation after a 2021 IPO, has crashed 98% and 23andMe may run out of cash by 2025, as CEO Anne Wojcicki plots a turnaround
From celebrity ‘spit parties’ to a drop in the bucket: The once-hot DNA-testing company is struggling to profit Forums: Hacker News , r/technology , and Slashdot Forums: Hacker News : 23andMe's Fall r...
Q&A with Stanford professor Erik Brynjolfsson on generative AI, potential productivity gains, his “J-curve” and “Turing trap” concepts, AI drawbacks, and more
The Stanford professor on what generative AI will mean for productivity, jobs and the society of the future X: @tejparikh90 , @michaelrstrain , @futureworkinst , @pawlega , @tonytassell , @erikbryn , ...
The US indicts a Chicago man who allegedly led a SIM-swap gang; members stole millions and posed as other people in Apple, T-Mobile, AT&T, and Verizon stores
Scheme allegedly targeted Apple, AT&T, Verizon, and T-Mobile stores in 13 states. — The US may have uncovered the nation's largest …
Legislators and privacy experts detail how the tech industry has sought to water down state privacy regulation in the US; 13 US states now have privacy laws
Suzanne Smalley / The Record :
Israel-based Oasis Security, which offers tools for “non-human” identity management, emerges from stealth and raised a $5M seed and $35M Series A led by Sequoia
When people hear the term “identity management” in an enterprise context, they typically think of apps …
OpenAI launches the ability for paying ChatGPT users to invoke GPTs directly in chats by typing “@” and selecting a GPT from a list
Kyle Wiggers / TechCrunch :
Employee letter: PayPal plans to lay off around 2,500 employees, or about 9% of its workforce, and will cut back on open roles
The following message was shared with PayPal employees today by President & CEO Alex Chriss: Michael Grothaus / Fast Company : Tech layoffs 2024: Grim January ends with job cuts at PayPal, Block, iRob...
Block begins layoffs under a previously disclosed plan to cut staff by up to 10%, by imposing an “absolute cap” of a 12,000 headcount, which was 13,000 in Q3'23
Sam Kessler / CoinDesk :
Source: Figure, which is building a humanoid robot, is in talks to raise as much as $500M in a round led by Microsoft and OpenAI at a $1.9B pre-money valuation
could we see ChatGPT robots soon? Jyoti Mann / Business Insider : Microsoft and OpenAI are in talks to inject $500 million into humanoid robotics startup Figure AI, report says K L Krithika / Analytic...
Arlo, which offers smart home devices, raises the price of its Arlo Secure service from $5/month to $8/month for a single camera, after a price hike in 2023
Sources: Google splits up its 30-strong Responsible Innovation team, after leader and founder Jen Gennai suddenly left; RESIN conducted 500+ reviews in 2023
A crucial team at Google that reviewed new AI products for compliance with its rules for responsible AI development faces …
Sources: TikTok plans to open studios in several cities, including LA, where creators can livestream and sell products, a strategy that worked for Douyin
This is the same playbook as its sister app, Douyin in China. YouTube similarly invested in creator studios years ago. — https://www.theinformation.com/ ... … LinkedIn: Kaya Yurieff : Scoop: TikTok...
US and UK law enforcement are bracing for an explosion of AI-generated CSAM, and criticize Meta, the authorities' best partner for flagging CSAM, over E2EE
Eileen Sullivan / New York Times :
Adobe has “no plans to further invest” in its XD web-design product, which the company put in “maintenance mode” at the outset of its now-scrapped Figma deal
A Microsoft engineer tells WA's AG he found ways to exploit DALL-E 3 to make explicit images, reported the issue, and was then told to take down a public post
Analysis: tech layoffs in 2024, which Layoffs.fyi estimates have totaled 25,000 across ~100 companies so far, are more strategic than the mass layoffs in 2023
Mike Isaac / New York Times :
Binance left a cache of code, infrastructure diagrams, passwords, and more on a public GitHub repository for months; GitHub removed after Binance's request
Legal demand says GitHub user is “hosting [..] leaks of internal code which poses significant risk to BINANCE.” — https://www.404media.co/... [image]
Ofcom: 22% of search results around basic self-injury terms on Google, Bing, DuckDuckGo, Yahoo, and AOL produced single-click links to more harmful content
Ingrid Lunden / TechCrunch :
Sources: some Chinese automakers delayed flagship model deliveries due to production issues with Huawei's MDC 810 computing unit; a source blames part shortages
Bookstat: the US audiobook market grew 14% YoY in Q4 2023, excluding Spotify; with Spotify, it grew 28% YoY; Spotify had an 11% market share, behind Audible
Alexandra Alter / New York Times :
Sources: the US stopped autonomous trucking firm TuSimple's shipment of Nvidia A100 chips to Australia to probe whether they were ultimately bound for China
Wall Street Journal :
Bain: as of September 2023, autonomous vehicles in China had driven a cumulative total of 70M kilometers, on par with the US, despite Beijing's safety concerns
Financial Times :
Bernstein estimates PDD spent ~$3B on marketing Temu in the US in 2023; the Chinese group says Temu has 70M US MAUs, up from an estimated 13M in January 2023
Financial Times :
Shopify: Revolutionizing Commerce with Winter Edition '26
Over 150+ new features transform how merchants build, design, and grow—with technology that amplifies creative vision.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.