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Techmeme Latest Headlines

Updated: 21 mins ago

Interview with Arkady Volozh, CEO of Nebius, formerly Yandex N.V., on selling its Russian assets and pivoting to become a full-stack AI infrastructure provider (Paul Sawers/TechCrunch)

Sources: Nvidia is working with Inspur to launch and distribute a new flagship AI chip "B20" for China that would be compatible with current US restrictions (Fanny Potkin/Reuters)

Reeling from CrowdStrike-related outages, Delta has canceled ~4.5K flights, ~1K on Sunday, and has already canceled 100+ for Monday, according to FlightAware (Reuters)

Sources: Apple's Eddy Cue has pushed TV+ studio chiefs to exert more control over budgets, hoping to change Apple's reputation as the biggest spender in town (Lucas Shaw/Bloomberg)

How indie game developer Terrible Posture Games avoided bankruptcy after an ~$800K investment from an unlikely source: Nerd Ninjas, another indie developer (Jason Schreier/Bloomberg)

Indian crypto exchange WazirX has "temporarily" paused trading activities days after it suspended customer withdrawals after losing ~$230M in a security breach (Manish Singh/TechCrunch)

Malaysia's Johor state is attracting billions of dollars as tech giants take advantage of cheaper land and more abundant energy to build data centers (Mercedes Ruehl/Financial Times)

Academics say publisher Taylor & Francis hadn't told them about selling access to authors' research as part of a $10M+ Microsoft AI deal, nor let them opt out (Matilda Battersby/The Bookseller)

An investigation details how scammers are using crypto ATMs to commit fraud; the FBI says US losses from scams carried out via crypto ATMs was $120M+ in 2023 (OCCRP)

The officers of India's largest retirement fund, the EPFO, warn the organization's crash-prone IT systems require immediate attention of the Union Government (Vikas Dhoot/The Hindu)

Microsoft says it cannot wall off its OS due to a 2009 deal with the EC to give security software makers the same level of access to Windows that Microsoft gets (Wall Street Journal)

OpenSecrets: ~80% of donations from internet companies have gone to Democrats so far this US election cycle, down from 90% in 2020, as support for Trump grows (Financial Times)

Starlink faces regulatory obstacles in Africa, as countries worry about losing control over content and the company providing services without paying taxes (Sultan Quadri/Semafor)

Some Black founders and investors say they feel betrayed by Ben Horowitz's support for Trump, as he has always been seen as an ally to the Black community (Dominic-Madori Davis/TechCrunch)

One defective CrowdStrike update for Windows breaking global systems resurfaces concerns about Microsoft's monopoly in government and enterprise IT systems (Washington Post)

A look at Marc Andreessen and Ben Horowitz's self-interested Trump support, including the "final straw", a Biden proposal to tax unrealized capital gains at 25% (Steven Levy/Wired)

Microsoft estimates that CrowdStrike's update affected 8.5M Windows devices, or less than 1% of all Windows machines (David Weston/The Official Microsoft Blog)

The CrowdStrike debacle may have accidentally provided cybercriminals and countries like China a more detailed road map to disrupt US critical infrastructure (David E. Sanger/New York Times)

CrowdStrike says a sensor configuration update to Windows systems triggered a logic error that resulted in a system crash and BSOD on impacted systems (CrowdStrike)

Trump's comments on Taiwan hollowing out the US chip industry are incorrect, and risks opening up a fissure for China to exploit and push its own tech sector (Tim Culpan/Bloomberg)

Q&A with California state Senator Scott Wiener on his AI safety bill, addressing AI risks and liability concerns, critiques from the open source community, more (Kelsey Piper/Vox)

Healthcare payments infrastructure provider Commure plans to acquire and take private Augmedix, which develops AI ambient clinical documentation tech, for $139M (Emma Beavins/FierceHealthcare)

TSMC says that its HPC group, which includes AI and server chips, accounted for 52% of wafer revenue in Q2, the first time it made up the majority of sales (Bloomberg)

Venture funding to cybersecurity startups grew to $4.4B in Q2 2024, up 144% YoY; funding in H1 2024 was $7.1B, up from $4.7B in H1 2023 (Chris Metinko/Crunchbase News)

Xiaomi unveils the Mix Fold 4, starting at ~$1,237, and the Mix Flip, its first flip foldable, with a 4.01" cover display, starting at ~$825, available in China (Damien Wilde/9to5Google)

Over 200 Bethesda Game Studios workers unionize with the CWA, forming the first "wall-to-wall" union at a Microsoft game studio; Microsoft recognized the union (Dean Takahashi/VentureBeat)

Oracle agrees to pay $115M to settle a lawsuit accusing it of invading people's privacy by collecting their personal information and selling it to third parties (Jonathan Stempel/Reuters)

Sources: Google recently approached EssilorLuxottica's leadership about putting its Gemini AI assistant in future smart glasses (Alex Heath/The Verge)

A profile of CrowdStrike, founded in 2011 and used by 300 companies in the Fortune 500; Gartner: CrowdStrike has ~15% of the global security software market (Robert McMillan/Wall Street Journal)

Disney announces that Safra Catz, CEO of Oracle, is departing its board of directors after six years (Todd Spangler/Variety)

CrowdStrike shares close down 11.1% after a software update caused a major outage; its shares had previously risen nearly 118% in the last 12 months (Ryan Browne/CNBC)

Michael Moritz urges Biden to drop out, joining other tech leaders such as Reed Hastings and the Zynga co-founder Mark Pincus in calling for Biden to step aside (New York Times)

The UK and US announce the arrest of a 17-year-old boy from Walsall, UK, suspected of being connected to the ransomware attack against MGM Resorts in 2023 (Joseph Cox/404 Media)

Nigeria fines Meta $220M after investigations showed data sharing on Facebook and WhatsApp violated local consumer, data protection, and privacy laws (Reuters)

Amazon's Twitch reinstates Donald Trump's account three years after he was banned, as "there is value in hearing from presidential nominees directly" (Cecilia D'Anastasio/Bloomberg)

Sources: Magic Leap cut ~75 jobs, including its entire sales and marketing units, and told staffers it's pivoting from selling headsets to licensing its tech (Bloomberg)

How OpenAI's GPT-4o mini model uses a safety technique called "instruction hierarchy" to prevent misuse and stop "ignore previous instructions" types of attacks (Kylie Robison/The Verge)

A study of 14K web domains in the C4, RefinedWeb, and Dolma AI training datasets: 5% of all the data, and 25% of the highest-quality data, has been restricted (Kevin Roose/New York Times)

A workaround to fix the BSOD caused by CrowdStrike's faulty update involves booting Windows in Safe Mode and deleting the security firm's "C-00000291*.sys" file (Tom Warren/The Verge)

Messari CEO Ryan Selkis says he's stepping down, after a series of controversial political X posts; chief revenue officer Eric Turner will be the interim CEO (Brady Dale/Axios)

The outage appears to have been caused by CrowdStrike pushing a faulty update to its Falcon software that causes Windows machines to get stuck in a boot loop (Emma Roth/The Verge)

Samsung says it has "temporarily" stopped deliveries of Galaxy Buds 3 Pro to retailers after some early owners reported quality control issues with the ear tips (Hadlee Simons/Android Authority)

Experts say CrowdStrike's fix requires tampering with system files with no way to automate it at scale, meaning outages could persist for longer than expected (New York Times)

CrowdStrike and other endpoint security tools need access to the core of operating systems, giving them the ability to disrupt systems they're trying to protect (Bloomberg)

In an interview, Mark Zuckerberg says Trump's immediate reaction after being shot was "badass" and inspiring, but declines to endorse either Trump or Biden (Bloomberg)

A profile of Carlos Espina, who has 9.4M TikTok followers, posts in Spanish about immigration and politics, and whom the White House treats as a broadcaster (New York Times)

Microsoft says it fixed a configuration issue causing Microsoft 365 apps and services outage and restored several services; some services remain degraded (Simon Sharwood/The Register)

Netflix added 8M subscribers in Q2 vs. 5M est., as it benefited from a crackdown on password-sharing and popular titles like Bridgerton and Baby Reindeer (Reuters)

CrowdStrike CEO George Kurtz says "the issue has been identified, isolated and a fix has been deployed", and CrowdStrike is working with impacted customers (George Kurtz/@george_kurtz)

Bangladesh orders a nationwide shutdown of its mobile internet amid student protests that killed dozens of people to "ensure the security of citizens" (Daryna Antoniuk/The Record)

Huawei sues MediaTek in China over alleged infringement of its intellectual property patents; MediaTek says the lawsuit would have no significant impact (Nikkei Asia)

CrowdStrike says it has "widespread reports of BSODs on Windows hosts", impacting thousands of PCs and taking banks, airlines, broadcasters, and more offline (Tom Warren/The Verge)

Google cuts the Maps API pricing for Indian devs by ~70% and starts accepting payments in Indian rupee, after Ola unveiled one-year free dev access to Ola Maps (Shashank Pathak/Entrackr)

Messari CEO Ryan Selkis says he ran "too hot" with X posts this week calling for war and sending immigrants back, after Messari management told him to cool it (Nick Baker/CoinDesk)

Montral-based Planned, which offers corporate events and travel planning tools, raised a CAD$35M Series B led by Drive Capital (Bianca Bharti/BetaKit)

Brazil-based Matera, which provides instant payment and QR code payment software to financial institutions, raised $100M from Warburg Pincus to expand in the US (Mary Ann Azevedo/TechCrunch)

Xbox says an outage is affecting the Xbox Store and subscriptions, and it is investigating the cause; the outage has been going on since at least 6:57PM ET (Jay Peters/The Verge)

Sources: Cellebrite gave the FBI unreleased tech to access the Trump shooter's phone, a "newer Samsung model", after the FBI's first attempt to crack it failed (Bloomberg)

Google says its goo.gl URL shortener links will stop working after August 25, 2025, after it stopped generating new goo.gl URLs in March 2019 (Abner Li/9to5Google)

Austin-based Saronic, which is developing autonomous military boats, raised a $175M Series B led by a16z at a $1B+ valuation, taking its total funding to ~$245M (David Jeans/Forbes)

Netflix says its ad tier now accounts for over 45% of all signups in the markets where it's available, and ad tier memberships grew 34% QoQ in Q2 (Lucas Manfredi/The Wrap)

Peter Naylor, Netflix VP of ad sales since August 2022, is leaving, and the company will hire a head of US and Canada ad sales to fill his spot (Caitlin Huston/The Hollywood Reporter)

Sources: OpenAI has talked to chip designers including Broadcom about developing an AI server chip and hired former members of a Google unit that produces TPUs (The Information)

Netflix reports Q2 revenue up 16.8% YoY to $9.56B, vs. $9.53B est., paid memberships up 16.5% YoY to 277.65M, vs. 274.4M est., net income up 44% YoY to $2.15B (Lillian Rizzo/CNBC)

Docs: Canadian PE firm PartnerOne paid $28.2M for HeadSpin, whose 2023 revenue was $21M and its Q1 2024 was $5M; HeadSpin was valued at $1.1B in 2020 (Marina Temkin/TechCrunch)

Austin-based Thoughtful AI, which provides healthcare revenue collection tools, raised a $20M Series A led by Drive Capital, bringing its total funding to $35M (Mike Wheatley/SiliconANGLE)

GPT-4o mini costs $0.15 per 1M input tokens and $0.60 per 1M output tokens, prices lower than those of Claude 3 Haiku and Gemini 1.5 Flash (Simon Willison/Simon Willison's Weblog)

Instagram expands Notes, its temporary away status-like feature, to let users leave Notes on Reels and grid posts; the temporary comments are semi-private (Mia Sato/The Verge)

Google, OpenAI, Microsoft, Nvidia, and others form the Coalition for Secure AI to share best practices and open-source methodologies for secure AI deployment (Emma Roth/The Verge)

Apple is launching new immersive video content for the Vision Pro over the next few months, including content from The Weeknd and the 2024 NBA All-Star Weekend (Emma Roth/The Verge)

A US judge dismisses most of a SEC lawsuit accusing SolarWinds of misleading investors by failing to disclose cybersecurity failures in its Orion software (Tim Starks/CyberScoop)

Microsoft reaches a settlement with French cloud service OVHcloud in which OVHcloud will drop its March 2022 antitrust complaint to EU regulators (Mathieu Pollet/Politico)

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)

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)

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)

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 (Michael Nuez/VentureBeat)

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 (Spencer Soper/Bloomberg)

Sources: Apple has spoken to major Hollywood studios about acquiring more programming from their libraries to offer customers both in the US and abroad (Bloomberg)

OpenAI unveils GPT-4o mini, calling it "the most capable and cost-efficient small model available", and plans to integrate image, video, and audio into it later (Hayden Field/CNBC)

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 (Mary Ann Azevedo/TechCrunch)

Sports Headlines Today

Updated: 36 mins ago

Akinsanmiro joins Sampdoria on loan from Inter Milan - Guardian

Andy Reid Praises Xavier Worthy After Catching Patrick Mahomes' Pass in Viral Video - Bleacher Report

Aston Villas move for Iheanacho hangs - The Sun

Awoniyi Joins NForest Pre-season Session in Spain - Thisday

Baseball Hall of Fame Class of 2024: Speech Highlights and Social Media Reaction - Bleacher Report

Bayelsa governors football football tourney:FG hails Diris commitment to sports as curtain falls on Bayelsa Governors Football Tournament - Blueprint

Berrettini brushes Halys aside to win Gstaad title - Daily Trust

Braves' Ozzie Albies Out 8 Weeks with Fractured Wrist Injury; Max Fried to IL - Bleacher Report

Can Falcons repeat WCup group stage feat in Paris - Punch

Cantona reveals why he absolutely loves Barca star Yamal - Daily Trust

Cricket: Nigeria U-19 teams ready for WCup qualifiers - Punch

Dodgers' Shohei Ohtani Hits 473-Foot HR vs. Red Sox; Star Amazes Kershaw, MLB Fans - Bleacher Report

Dodgers' Yoshinobu Yamamoto: 'Goal' is to Return from Injury During 2024 MLB Season - Bleacher Report

DTigress lose to Serbia in pre-Olympic friendly - Punch

EL-Amin celebrates 29 years of Nigerian polo dominance - Daily Trust

Falcons star Babajide in search of Yoruba tutor - Punch

FCT FA Division One Super 4 playoff holds July 27 - Daily Trust

FCT FADivision One League Super 4 final hold July 27 - Blueprint

FG lauds Diris commitment to sports development - The Sun

FIDE 100th Anniversary: Nigerian School, Rupetta Academy Attempts Guinness World Recordin Chess Marathon - Thisday

FIDE 100th anniversary: Rupetta Academy attempts GWR in chess marathon - Blueprint

Full list of25 greatest African athletes list in 21st century - Blueprint

John Harbaugh Says Lamar Jackson Criticism Gets Taken 'Personally' by Ravens - Bleacher Report

John Harbaugh: Ravens' Vision is for Lamar Jackson to Be Greatest QB in NFL History - Bleacher Report

Kenny Clark, Packers Agree to 3-Year, $64M Contract Extension; Owed $29M in 2024 - Bleacher Report

Lauri Markkanen Trade Rumors: Warriors More Willing to Deal Kuminga Than Podziemski - Bleacher Report

Liverpool call for probe after U-18 team walk off in racism row - Punch

MLB Trade Rumors: Mets, Padres Among Teams Expected to Be Buyers at 2024 Deadline - Bleacher Report

MLB Trade Rumors: Reds' Frankie Montas, Martinez Interest Orioles Amid Skubal Buzz - Bleacher Report


Nadal defeated in first tour final in two years - Daily Trust

Napoli close to signing Osimhen replacement - Punch

Napoli gives Osimhen 9 days to decide future - The Sun

NBA Summer League 2024 Championship: Early Preview for Grizzlies vs. Heat - Bleacher Report

NBA Summer League 2024: Hot Takes on Pippen, Filipowski, McCain, Stars from Day 10 - Bleacher Report

NFL Rumors: Latest on Jordan Love, Packers Contract Talks Entering Training Camp - Bleacher Report

Nigeria Cricket Teams Ready for Continental Challenge - Thisday

Nigeria's DTigress face Serbia in pre-Olympics game - Punch

Nigerias Eyakpobeyan braces for Olympics challenge - Punch

NOC holds seminar for fitness trainers in Abuja - Daily Trust

Ogboinbiri FC wins Bayelsa Governors Cup - Daily Trust

Olympics 2024: Zenith Bank Charges DTigress to Make Nigeria Proud - Thisday

Olympics 2024:Zenith Bank charges DTigress to make Nigeria proud - The Sun

Olympics: Super Falcons reveal squad numbers - Blueprint

Paris 2024: We must join hands to support our athletes Enoh - New Telegraph

Paris Ready for the Games, Says Organising Committee - Thisday

Paternal goalkeeping hurdles before Godswill Enyeama - Punch

Photo: Jake Paul Trolls Mike Perry Over Pendant, Chain After TKO Win in Boxing Fight - Bleacher Report

Pogacar wins Tour de France for third time - Daily Trust

Rangers Foundation moves to strengthen street football - Blueprint

Red Sox's Kenley Jansen Won't Go to Rockies Series in Colorado Due to Heart Condition - Bleacher Report

Russell Westbrook Thanks Clippers After Trade; PG Says Fans 'Keep Me Motivated - Bleacher Report

Schauffele wins British Open to collect second major - Daily Trust

Supersand Eagles beat Mauritania, inches towards qualification - Guardian

Tijani hungry for Plymouth success - Punch

Trabzonspor hopes to complete Onuachu transfer - The Sun

Transfer: Lukaku close to sealingNapoli deal - The Sun

Transfer: Romano reveals Osimhens next club - The Sun

Video: Astros' Yordan lvarez Hits for 1st Career Cycle vs. Mariners - Bleacher Report

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