Indian crypto exchange WazirX says one of its multisig wallets “experienced a security breach” after $230M+ in withdrawals; WazirX had $500M in holdings in June
One of the exchange's multisig wallets experienced a security breach, the exchange confirmed in an X post.
People in crypto should not choose political allegiances based on who claims to be “pro-crypto”, as such politicians might go against crypto's underlying goals
Over the last couple of years, “crypto” has become an increasingly important topic in political policy …
Leaked documents: Cellebrite couldn't forcibly unlock an iPhone running iOS 17.4 or newer as of April 2024; most of the listed Android devices could be unlocked
Cellebrite, the well-known mobile forensics company, was unable to unlock a sizable chunk of modern iPhones available on the market …
Global chip stocks fell sharply after reports of tighter export restrictions from the US and comments from Trump, who said Taiwan should pay the US for defense
WATCH NOW — Global chip stocks fell sharply, with ASML, Nvidia and TSMC posting declines amid reports of tighter export restrictions …
Meta plans to withhold future multimodal AI models in the EU due to what the company calls a lack of clarity from regulators, but keep offering text-only models
https://www.axios.com/... X: Andrew Curran / @andrewcurran_ : From this: - Llama 4 started training in June - Llama 4 will be fully multimodal, including audio - Llama 3 405b will still release in the...
Analysis: the North Korea-linked WazirX hackers took 200+ different assets, including $96.7M of Shiba Inu, $52.6M of Ether, $11M of Matic, and $7.6M of Pepe
Earlier today, Indian exchange WazirX suffered a major hack and a resulting loss of funds due to a suspected hack:
Nintendo unveils an official Joy-Con charging stand for the Switch, over seven years after the console's launch, available on October 17, but gives no price
Better late than never. — Nintendo has announced an official Joy-Con charging stand for the Nintendo Switch …
Sources: Meta has explored a multibillion-euro investment in eyewear group EssilorLuxottica, which makes the Ray-Ban Meta glasses, to expand its partnership
Facebook owner considers multibillion investment in European eyewear group to expand smart glasses partnership
TSMC reports Q2 revenue up 40.1% YoY to $20.82B and net income up 36.3% YoY to $7.62B, both above estimates, as demand for advanced AI chips continue to surge
Taiwan Semiconductor Manufacturing Company on Thursday beat revenue and profit expectations in the second quarter …
Marc Andreessen and Ben Horowitz say Trump is the right choice for “Little Tech”; sources say they plan to make large donations to PACs supporting his campaign
The Nasdaq fell 2.77% on July 17, its worst drop since December 2022, with ASML down 12.74%, NVDA down 6.62%, and META down 5.68%; TSMC on the NYSE fell 7.98%
quoted on @Investingcom — saying that Intel is the “only alternative” to TSMC and that they see 100% upside potential. https://www.investing.com/... Travis Hoium / @travishoium : $ASML may be an incre...
Apple says OpenELM doesn't power any AI features, including Apple Intelligence, after an investigation found Apple had used YouTube subtitles to train the model
Earlier this week, an investigation detailed that Apple and other tech giants had used YouTube subtitles to train their AI models.
OpenAI launches GPT-4o mini, a smaller, cheaper offshoot of GPT-4o, replacing GPT-3.5 Turbo, with support for all multimodal inputs and outputs coming soon
OpenAI on Thursday launched a new AI model, “GPT-4o mini,” the artificial intelligence startup's latest effort to expand use of its popular chatbot.
Sources: Apple has spoken to many of the largest Hollywood studios about acquiring more programming from their libraries to offer customers in the US and abroad
- Apple TV+ has relied on original series like ‘Ted Lasso’ … The iPhone maker has spoken to several of the largest studios …
Nvidia and Mistral announce Mistral NeMo, a 12B-parameter model with a context window of up to 128k tokens, available under the Apache 2.0 open-source license
Nvidia and French startup Mistral AI jointly announced today the release of a new language model designed to bring powerful AI capabilities directly to business desktops.
Meta decides to suspend its generative AI tools in Brazil after the government objected to Meta's new privacy policy on using personal data to train AI models
Meta Platforms (META.O) said on Wednesday it decided to suspend use of generative artificial intelligence tools in Brazil in response …
China has been ASML's biggest market for four quarters in a row; China sales rose 21% YoY to €2.3B in Q2 2024 and accounted for 49% of ASML's Q1 and Q2 sales
here's why Nikita Prasad / Livemint : Tech-heavy Nasdaq hits two-week-low; Nvidia, ASML crash 4-8% from all-time high on tighter US trade curbs outlook DigiTimes : ASML performance surges amid TSMC in...
How Spain relies on the VioGén algorithm to score the likelihood of recurring domestic violence and decide protection measures, with at times fatal consequences
Spain has become reliant on an algorithm to score how likely a domestic violence victim is to be abused again … X: @tdietterich , @stevebholt , @ichbinilya , @noisejockey , @ichbinilya , @jonathancohn...
Adobe: US shoppers spent $14.2B during Amazon's 48-hour Prime Day sale, up 11% YoY and in line with estimates; Numerator: the average household spent about $152
- Discounts on electronics, small appliances drove spending — Amazon sale prompts rival retailers to offer their own deals
A look at the Cyberspace Administration of China, which oversees the country's AI and data rules, as the agency relaxes some policies to promote economic growth
- CAC holds the keys to data, AI and overseas listings — Its stance is crucial to business and China's economy
Spotify launches an AI DJ that speaks Spanish in beta for Premium users in markets where its English-language DJ is available, alongside Spain and Latin America
Jess Weatherbed / The Verge :
T-Mobile was the fastest US mobile network in H1 2024, with a Speed Score, which combines download and upload speeds, of ~206, vs. AT&T's ~112, Verizon's ~108
here's why Phil Harvey / Light Reading : Boost Mobile relaunches its brand and retail offers as its parent, EchoStar, aims to move more customers to its 5G network and reduce its dependence on competi...
Italy's antitrust agency launches a probe into Google and Alphabet over alleged unfair commercial practices related to consent requests Google sends to users
Giulia Segreti / Reuters :
An ex-Reality Labs manager says Meta asked the unit to cut spending by ~20% between 2024-2026; Meta plans two Quest 4 versions in 2026 and Quest Pro 2 in 2027
The Information :
An interview with Tim Sweeney and Neal Stephenson on their definitions of “Metaverse”, Fortnite, Apple Vision Pro, blockchains, generative AI, and more
Matthew Ball / MatthewBall.co :
Andrej Karpathy, an OpenAI co-founder and former head of Tesla's autopilot unit, unveils Eureka Labs, a “new kind of school” aiming to support teachers with AI
We are Eureka Labs and we are building a new kind of school that is AI native. How can we approach an ideal experience for learning something new? For example, in the case [image] Oliver Hsu / @oyhsu ...
CCData: crypto coin listings on higher-volume exchanges like Binance and Coinbase are cumulatively up 11.6% to 2,066 in H1 2024, surpassing all of 2023
Microsoft launches its AI-powered Designer app out of preview on iOS and Android, letting users create images, stickers, and more, expanding on the web client
Tom Warren / The Verge :
New York-based Coast, which offers expense management tools for vehicle fleets, raised a $40M Series B, after raising $25M in March 2024 and $27.5M in 2022
And it's all because of this amazing team, top to bottom. …
German AI startup DeepL releases its new translation model with support for German, Japanese, and Simplified Chinese to and from English, available in DeepL Pro
Mike Wheatley / SiliconANGLE :
Block's Cash App plans to close its UK operations on September 15, after launching in 2018, as the company “deprioritizes global expansion” to focus on the US
Bloomberg :
OpenAI researchers detail an algorithm by which LLMs can learn to better explain themselves to their users and improve the legibility of their outputs
Carl Franzen / VentureBeat :
Rotterdam-based chip gear maker Nearfield raised a €135M Series C led by Walden Catalyst Management and Temasek, and “is on track to become a unicorn by 2026”
Cagan Koc / Bloomberg :
The US SEC sues former DWAC CEO Patrick Orlando for allegedly misleading investors about his company's plans for a SPAC merger with Trump's social media company
Bloomberg :
Meta launches a small pilot program to let some researchers access Instagram data for up to about six months to study the app's effect on teens and young adults
Intel veteran Lisa Spelman plans to become CEO of Cornelis, a networking startup spun off from Intel in 2020, on August 15; Spelman worked at Intel for 20 years
Jane Lanhee Lee / Bloomberg :
Sources: Coatue, Alkeon, General Catalyst and others have invested in Figma as part of a deal valuing the startup at $12.5B; Figma is delivering ARR of $700M+
Bloomberg :
Doc: EU regulators are asking industry participants if Google's deal to have Gemini Nano pre-installed on Samsung phones hinders rival chatbots on the devices
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