11:50 PM • | Bloomberg: Sources: Intel explores options including splitting its product design and foundry units and potentially scrapping some factory projects; INTC closes up 9.5% |
11:30 PM • | Asa Fitch / Wall Street Journal: Analysts and industry execs say Nvidia's Blackwell engineering challenges stem from combining two new processors and several memory components in a single chip |
11:00 PM • | Reuters: Indian quick grocery delivery startup Zepto raises $340M at a $5B valuation, up from $3.6B in June 2024, in a round led by General Catalyst |
10:15 PM • | Carl Franzen / VentureBeat: Alibaba releases Qwen2-VL, a new AI model that it says can analyze videos longer than 20 minutes to summarize and answer questions about the videos' contents |
9:15 PM • | Maxwell Zeff / TechCrunch: Google rolls out Gmail Q&A, a feature that allows users who pay for Gemini to chat with the AI assistant about their emails, on Android and “coming soon to iOS” |
8:50 PM • | Jonathan Stempel / Reuters: A US district judge dismisses, with prejudice, a lawsuit accusing Elon Musk and Tesla of defrauding investors by hyping Dogecoin and conducting insider trading |
8:25 PM • | Leo Schwartz / Fortune: Bridge, which aims to build a global payment network around stablecoins, raised $40M led by Sequoia and Ribbit, taking its total funding to $58M |
7:50 PM • | Jordan Novet / CNBC: MongoDB reports Q2 revenue up 13% YoY to $478.1M, vs. $464.1M est., and forecasts Q3 and FY 2025 revenue above estimates; MDB jumps 13%+ after hours |
6:55 PM • | Jay Peters / The Verge: Meta is opening up Horizon Worlds to users aged 10 to 12 with parental approval, and rolls out a new age rating system for worlds to help parents supervise kids |
5:30 PM • | Daniel Carvalho / Bloomberg: On August 18, a Brazilian Supreme Court justice blocked SpaceX's bank accounts and threatened to block X in Brazil, in a bid to force Elon Musk to pay X's fines |
4:25 PM • | Kif Leswing / CNBC: Dell Q2: revenue up 9% YoY to $25.06B, vs. $24.53B est., servers and networking revenue up 80% to $7.76B, net income up 85% to $841M; DELL rose 3%+ after hours |
4:10 PM • | MacKenzie Sigalos / CNBC: Affirm closed up ~32% on Thursday, its best day in almost three years and its third-biggest rally since Affirm's January 2021 IPO, after beating estimates in Q4 |
3:30 PM • | Bloomberg: Sources: Nvidia, Apple, and Microsoft, the three most valuable tech companies, are in talks to participate in a funding round that would value OpenAI at $100B+ |
2:50 PM • | New York Times: Michael Lacey, co-founder of the classified ad site Backpage, gets five years in prison and a $3M fine for money laundering; two other executives get 10 years |
1:53 PM • | Wall Street Journal: Sources: Apple is in talks to invest in OpenAI as part of a new fundraising round that would value the ChatGPT maker above $100B |
1:50 PM • | Kyle Wiggers / TechCrunch: Magic, which makes AI tools for coding and to automate software development tasks, raised $320M from Eric Schmidt and others, bringing its total raised to $465M |
1:47 PM • | Ina Fried / Axios: OpenAI says ChatGPT weekly active users doubled since last year to 200M+, 92% of Fortune 500 companies use its tools, and automated API usage doubled since July |
1:05 PM • | Rebecca Bellan / TechCrunch: Sources: truck sharing platform Fluid Truck, which raised $80M+, has ousted its sibling co-founders, including CEO James Eberhard, after losing tens of millions |
12:15 PM • | Kyle Wiggers / TechCrunch: Codeium, which offers enterprise AI coding tools, raised a $150M Series C at a $1.25B post-money valuation, and reports 700K+ users and 1K+ enterprise clients |
10:45 AM • | Katie Paul / Reuters: Meta says its Llama models were downloaded almost 350M times, are used by AT&T and others, and usage via cloud providers more than doubled from May to July 2024 |
9:30 AM • | Katie Kilkenny / The Hollywood Reporter: Anti-piracy group ACE says it worked with Hanoi police to shutter Hanoi-based Fmovies and its affiliates, “the largest pirate streaming operation in the world” |
9:10 AM • | Zack Whittaker / TechCrunch: Google says Russia-linked APT29 is using exploits that are “identical or strikingly similar” to those previously made by spyware makers Intellexa and NSO Group |
8:30 AM • | Alex Isenstadt / Politico: In his upcoming book, Trump says Mark Zuckerberg plotted against him during the 2020 election and he'd “spend the rest of his life in prison” if he did it again |
8:10 AM • | Matt Burgess / Wired: Analysis: 16 of the biggest so-called undress and “nudify” websites have used sign-in infrastructure from Google, Apple, Discord, X, Patreon, or Line for months |
7:55 AM • | Reuters: French media: Telegram CEO Pavel Durov's lawyer says it is “absurd to say that a platform or its boss are responsible for any abuse” carried out on the platform |
7:30 AM • | Bloomberg: Sources: the Netherlands government will likely not renew some ASML licenses to service and provide spare parts in China when they expire at the end of 2024 |
7:20 AM • | Kate Knibbs / Wired: Facebook, Instagram, Craigslist, Tumblr, the NYT, the FT, The Atlantic, Vox Media, USA Today, Condé Nast, and more block Apple's Applebot-Extended AI crawler |
7:10 AM • | Li Yuan / New York Times: Interviews with 14 Chinese VCs and entrepreneurs show many are setting up Silicon Valley firms only to find that any investment with Chinese ties is a hard sell |
6:50 AM • | Reuters: Chinese state media: a Chinese official says the government has invested $6.12B+ in a nationwide project to build computing data centers over the past few years |
6:35 AM • | Justine Calma / The Verge: Meta's 2024 Sustainability Report shows its market-based emissions are nearly half of its location-based emissions, highlighting the issue of tracking emissions |
6:15 AM • | Shirin Ghaffary / Bloomberg: The US says OpenAI and Anthropic agreed to give the US AI Safety Institute early access to major new AI models to test and evaluate their capabilities and risks |
6:00 AM • | Financial Times: Sources: the EU is investigating if Telegram gave inaccurate user numbers to stay under the DSA's 45M threshold; Telegram reported 41M EU users in February 2024 |
5:40 AM • | Sarah Perez / TechCrunch: Automattic plans to shift Tumblr's backend to WordPress in a bid to make sharing work across the platforms easier, after acquiring Tumblr for $3M in August 2019 |
5:25 AM • | Bloomberg: Huawei reports Q2 revenue up 33.7% YoY to ~$33.6B, rising for the sixth straight quarter, and net profit down 18.6% YoY to ~$5B, ahead of the Mate 70's launch |
4:50 AM • | Tianyu Fang / Rest of World: As Chinese EV manufacturers consolidate and close, EV owners say they're losing access to smartphone app updates and driving features reliant on cloud services |
4:25 AM • | Samuel Aune / Sensor Tower: A look at Coin Master, a coin looter game that passed $6B in gross revenue, scaling from $0 in global monthly customer spend in 2015 to $113M in May 2020 |
4:00 AM • | Ross Andersen / The Atlantic: A look at the AI-safety community's loss of prominence and lessons learned, such as not to trust AI companies' promises to cooperate with regulators |
2:25 AM • | Bloomberg: Russians, from Kremlin officials to Putin's harshest critics, see Telegram as the best source of uncensored info, including on Ukraine, and problematic content |
1:05 AM • | Eric Slivka / MacRumors: Kuo: in the 2025 iPhone lineup, only the iPhone 17 Pro Max will have 12GB of DRAM, instead of 8GB, and a cooling system with vapor chambers and graphite sheets |
10:55 PM • | Ben Weiss / The Verge: Documents and sources detail OpenSea's chaotic work environment, ever-shifting priorities, and tax probes across the globe, as the US SEC and FTC make inquiries |
9:55 PM • | Jason Schreier / Bloomberg: Sources: Bungie fired top executive Chris Barrett in March 2024 after female employees accused him of inappropriate behavior; Barrett joined Bungie in 1999 |
8:35 PM • | Bloomberg: Jensen Huang says Nvidia's new Blackwell chips will have “lots and lots of supply”, and the company expects them to generate billions of dollars in Q4 revenue |
8:20 PM • | Financial Times: Nvidia's shares open down ~4%, after the company failed to beat the highest analyst expectations and reported a gross margin of 75.1%, below 75.5% est. |
7:30 PM • | Anna Tong / Reuters: California's State Assembly passes AI safety bill SB 1047, which now requires a Senate process vote and then Governor Newsom's signature before September 30 |
6:45 PM • | Nico Grant / New York Times: Yelp sues Google, alleging Google abused its dominance in general search to gain an unfair advantage in the local search and local search advertising markets |
6:30 PM • | Sarah Perez / TechCrunch: Threads now lets users see and like fediverse replies on other posts besides their own, and will syndicate posts submitted via the Threads API to the fediverse |
5:50 PM • | Ciara Linnane / MarketWatch: Affirm reports Q4 revenue up 48% YoY to $659.2M, vs. $604M est., and says it expects to generate an operating profit by Q4 2025; AFRM jumps 14%+ |
5:10 PM • | Jaspreet Singh / Reuters: CrowdStrike reports Q2 revenue up 32% YoY to $963.9M, vs. $958.6M est., and cuts its FY 2025 revenue and profit forecasts, after July's Windows outage |
4:55 PM • | Brody Ford / Bloomberg: HP reports Q3 revenue up 2.4% YoY to $13.5B, vs. $13.4B est., Printing revenue down 3% to $4.14B, and increases its share repurchase authorization to $10B |
4:34 PM • | Kif Leswing / CNBC: Nvidia reports Q2 revenue up 122% YoY to $30B, above $28.7B est., forecasts Q3 revenue above est., and approves an additional $50B in share buybacks |
4:30 PM • | Larry Dignan / Constellation Research: Salesforce reports Q2 revenue up 8% YoY to $9.33B, vs. $9.23B est., net income of $1.43B, up from to $1.27B in Q2 2023, and says CFO Amy Weaver will step down |
4:05 PM • | Gaspard Sebag / Bloomberg: France charges Pavel Durov for complicity in the spread of CSAM and other crimes on Telegram; Durov posted a €5M bail and prosecutors banned him from traveling |
3:44 PM • | Wall Street Journal: Sources: OpenAI is in talks to raise funding at a $100B+ valuation; Thrive Capital is leading the round, set to invest ~$1B, and Microsoft is expected to invest |
3:10 PM • | Nate Raymond / Reuters: A US court rules TikTok must face a lawsuit over a 10-year-old's death and the “blackout challenge”, saying algorithmic curation isn't protected by Section 230 |
2:30 PM • | Sylvia Varnham O'Regan / The Information: Sources: Meta plans to release a new MR device codenamed Puffin in 2027, resembling a bulky pair of glasses with a second unit for battery and computing power |
2:00 PM • | David Pierce / The Verge: ESPN launches a Where to Watch feature on its website and app, which aims to be a universal guide for streaming sports with data from 250+ streaming services |
1:20 PM • | Associated Press: French prosecutors say Telegram CEO Pavel Durov will be brought to court for a first appearance and a possible indictment and that his police custody has ended |
1:00 PM • | Abner Li / 9to5Google: Google rolls out Imagen 3 to all Gemini users and Gems, which allows the creation of custom Gemini chatbots, to Gemini Advanced, Business, and Enterprise users |
12:30 PM • | Julia Love / Bloomberg: Google plans to roll out image generation of people to Gemini paid users soon, after suspending the feature in February 2024 over criticism of racial depictions |
11:20 AM • | Lora Kolodny / CNBC: Environmental and health advocates accuse xAI of adding to pollution in Memphis, Tennessee, by using unauthorized gas burning turbines at its new data center |
10:43 AM • | Katherine Ross / Blockworks: OpenSea says the US SEC sent it a Wells notice calling NFTs sold on the platform securities; CEO Devin Finzer says the company is “ready to stand up and fight” |
10:40 AM • | Brody Ford / Bloomberg: Super Micro delays filing its annual financial disclosures, a day after short-seller Hindenburg Research alleged “glaring accounting red flags”; SMCI drops 25%+ |
10:25 AM • | Shopify: Shopify hires Mikhail Parakhin as its CTO; Parakhin had been Microsoft's CEO of Advertising and Web Services since September 2022 |
9:40 AM • | Eyk Henning / Bloomberg: Sources: Zurich-based Swiss-Mile, which makes the autonomous Robotic Mule and Robotic Watchdog robots, is close to raising a ~$20M seed at a $100M+ valuation |
9:30 AM • | David Pierce / The Verge: Plaud unveils NotePin, a $169 AI wearable that transcribes, summarizes, and gets action items from daily interactions; extra AI features require a $79/year plan |
9:15 AM • | CNN: Investigation: a hacking group linked to Iran's Islamic Revolutionary Guard Corps has targeted former Trump and Biden administration members since at least 2022 |
7:55 AM • | April Rubin / Axios: Snap launches new safety tools and resources for US educators, and says Snapchat has 20M+ US teen users; Pew says 51% of US teens used Snapchat daily in 2023 |
7:35 AM • | Politico: French administrative document: alongside Pavel Durov, French authorities issued an arrest warrant for his Telegram co-founder and brother Nikolai in March 2024 |
7:25 AM • | Andy Greenberg / Wired: Q&A with Signal President Meredith Whittaker on the app's 10th anniversary, its EU focus, being a nonprofit, Pavel Durov's arrest, X, the US election, and more |
7:05 AM • | Ivan Mehta / TechCrunch: Web browser startup Brave lays off 27 employees, after cutting 9% of its workforce in October 2023; PitchBook estimates that Brave has ~191 employees |
6:10 AM • | Financial Times: How Telegram CEO Pavel Durov miscalculated on moderation, saying earlier in 2024 that he did not expect “significant challenges” despite new laws targeting tech |
5:50 AM • | Claire Che / Bloomberg: Chinese meal delivery giant Meituan reports Q2 revenue up 21% YoY to ~$11.6B, above $11.3B est., as its core business expanded; its stock is up ~25% in 2024 |
4:30 AM • | New York Times: Experts say Pavel Durov's arrest is likely an outlier, as the legal bar is high in the US and Europe to prosecute tech executives for content on their platforms |
2:30 AM • | The Guardian: Some 100 Venezuelan journalists are using two AI avatars to host daily newscasts and avoid putting themselves at risk, amid President Maduro's media crackdown |
12:20 AM • | Wall Street Journal: Sources: Emmanuel Macron invited Pavel Durov to move Telegram to Paris in 2018; in 2017, a joint operation between French and UAE spies hacked Durov's iPhone |