IBM open sources its Granite code models for code generative tasks, trained on 116 programming languages, with models ranging in size from 3B to 34B parameters (Mike Murphy/IBM Research)

Mike Murphy / IBM Research:
IBM open sources its Granite code models for code generative tasks, trained on 116 programming languages, with models ranging in size from 3B to 34B parameters  —  Release  —  IBM is releasing a family of Granite code models to the open-source community.  The aim is to make coding as easy …

FTX says it will have as much as $16.3B to distribute once it finishes selling all of its assets; it owes customers and other non-governmental creditors ~$11B (Steven Church/Bloomberg)

Steven Church / Bloomberg:
FTX says it will have as much as $16.3B to distribute once it finishes selling all of its assets; it owes customers and other non-governmental creditors ~$11B  —  – Crypto customers to get interest on what FTX owes them  — Bankrupt firm updates plan to divide cash among creditors

The US revokes some licenses that allow companies to ship chips and other goods to Huawei; sources say the decision affects Intel and Qualcomm (Demetri Sevastopulo/Financial Times)

Demetri Sevastopulo / Financial Times:
The US revokes some licenses that allow companies to ship chips and other goods to Huawei; sources say the decision affects Intel and Qualcomm  —  Move marks latest effort by Biden administration to target the country’s tech sector  —  The Biden administration has revoked export licences …

Twilio reports Q1 revenue up 4% YoY to $1.05B vs. $1.03B est., 313K+ active customer accounts, and forecasts Q2 revenue below est.; TWLO drops 5%+ after hours (Jaspreet Singh/Reuters)

Jaspreet Singh / Reuters:
Twilio reports Q1 revenue up 4% YoY to $1.05B vs. $1.03B est., 313K+ active customer accounts, and forecasts Q2 revenue below est.; TWLO drops 5%+ after hours  —  Twilio (TWLO.N) forecast second-quarter revenue below Wall Street estimates on Tuesday, expecting a slowdown in demand as customers cut …

Memo: Microsoft’s Xbox division to shut down multiple Bethesda studios and consolidate teams to prioritize high-impact titles and invest in Bethesda’s portfolio (Wesley Yin-Poole/IGN)

Wesley Yin-Poole / IGN:
Memo: Microsoft’s Xbox division to shut down multiple Bethesda studios and consolidate teams to prioritize high-impact titles and invest in Bethesda’s portfolio  —  Staff told via email.  —  Microsoft has closed a number of Bethesda studios, including Redfall maker Arkane Austin …

A look at LPCAMM2, a totally modular, repairable, and upgradeable memory standard for laptops that doesn’t require soldering LPDDR chips to the motherboard (Carsten Frauenheim/iFixit News)

Carsten Frauenheim / iFixit News:
A look at LPCAMM2, a totally modular, repairable, and upgradeable memory standard for laptops that doesn’t require soldering LPDDR chips to the motherboard  —  If you’ve ever tried to “future-proof” a purchase by paying for everything you might eventually need up front, you know it can be a sucker’s game.

Meta announces an update to its AI ad tools, which can now make full new images, not just backgrounds, and claims it’s adding strong guardrails to prevent abuse (Sarah Perez/TechCrunch)

Sarah Perez / TechCrunch:
Meta announces an update to its AI ad tools, which can now make full new images, not just backgrounds, and claims it’s adding strong guardrails to prevent abuse  —  Meta is rolling out an expanded set of generative AI tools for advertisers, after first announcing a set of AI features last October.

Match Group reports Q1 revenue up 9% YoY to $859.6M, vs. $855.5M est., paying users down 6% YoY to 14.9M, and forecasts Q2 revenue below expectations (Jaspreet Singh/Reuters)

Jaspreet Singh / Reuters:
Match Group reports Q1 revenue up 9% YoY to $859.6M, vs. $855.5M est., paying users down 6% YoY to 14.9M, and forecasts Q2 revenue below expectations  —  Tinder-parent Match Group (MTCH.O) forecast second-quarter revenue below Wall Street estimates on Tuesday, as users are likely to dial back spending on dating apps.