Financial Times:
Sources: TSMC told Chinese customers it would no longer manufacture AI chips at advanced process nodes of 7nm or smaller as of this coming Monday — World’s biggest contract chipmaker acts to ensure it is in line with US restrictions on Chinese access to latest processors
Mercury Research: AMD’s desktop CPU market share, in units, grew from 19.1% in Q3 2023 to 28.7% in Q3 2024 and from 19.5% to 22.3% for mobile in the same period (Mark Hachman/PCWorld)
Mark Hachman / PCWorld:
Mercury Research: AMD’s desktop CPU market share, in units, grew from 19.1% in Q3 2023 to 28.7% in Q3 2024 and from 19.5% to 22.3% for mobile in the same period — AMD’s desktop CPU market share jumped nearly 10 percent in the last year, an analyst reported Thursday, on the heels …
Sony reports Q2 revenue up 9% YoY to ~$19.45B, operating profit up 73% YoY to ~$2.96B vs. ~$2.18B est., and PS5 sales of 3.8M units, down from 4.9M a year ago (Takashi Mochizuki/Bloomberg)
Takashi Mochizuki / Bloomberg:
Sony reports Q2 revenue up 9% YoY to ~$19.45B, operating profit up 73% YoY to ~$2.96B vs. ~$2.18B est., and PS5 sales of 3.8M units, down from 4.9M a year ago — The Tokyo-based company said it now expects net revenue of ¥12.71 trillion ($83.2 billion) in the year to March, up slightly from its previous forecast.
Sources: Trump’s transition team is considering Dan Gallagher, an ex-SEC commissioner and Robinhood’s current legal chief, as SEC chair replacing Gary Gensler (Reuters)
Reuters:
Sources: Trump’s transition team is considering Dan Gallagher, an ex-SEC commissioner and Robinhood’s current legal chief, as SEC chair replacing Gary Gensler — Trump transition team officials are considering retail brokerage Robinhood’s top lawyer, as well as bank regulators and corporate attorneys …
Detroit plans to accept crypto, including BTC and ETH, for tax and fee payments starting mid-2025 via a PayPal-managed platform, the largest US city to do so (Sebastian Sinclair/Decrypt)
Sebastian Sinclair / Decrypt:
Detroit plans to accept crypto, including BTC and ETH, for tax and fee payments starting mid-2025 via a PayPal-managed platform, the largest US city to do so — Starting in mid-2025, Detroit residents will be able to pay with popular cryptos like Bitcoin and Ethereum through a PayPal-managed platform.
A US judge dismisses Ethan Zuckerman’s lawsuit against Meta; Zuckerman sought to stop Meta from suing him over a tool to let users unfollow everyone on Facebook (David McCabe/New York Times)
David McCabe / New York Times:
A US judge dismisses Ethan Zuckerman’s lawsuit against Meta; Zuckerman sought to stop Meta from suing him over a tool to let users unfollow everyone on Facebook — A professor sued pre-emptively to release software that would let users automatically unfollow everyone in their Facebook feed.
Yelp agrees to buy RepairPal, a site for car repair estimates, for $80M in cash, with the deal expected to close by the end of 2024; RepairPal had raised $21.3M (Kyle Wiggers/TechCrunch)
Kyle Wiggers / TechCrunch:
Yelp agrees to buy RepairPal, a site for car repair estimates, for $80M in cash, with the deal expected to close by the end of 2024; RepairPal had raised $21.3M — Yelp, which made a name for itself giving restaurant recs, just bought an auto services website.
Source: Baidu plans to unveil smart glasses with built-in cameras and voice support for AI model Ernie next week, launching as soon as early 2025 for under $299 (Bloomberg)
Bloomberg:
Source: Baidu plans to unveil smart glasses with built-in cameras and voice support for AI model Ernie next week, launching as soon as early 2025 for under $299 — China’s search leader and longtime investor in artificial intelligence plans to showcase the product at its annual Baidu World event …
Block says it is investing less in music streaming app Tidal and winding down decentralized “Web5” venture TBD to focus on bitcoin mining and its crypto wallet (Aoyon Ashraf/CoinDesk)
Aoyon Ashraf / CoinDesk:
Block says it is investing less in music streaming app Tidal and winding down decentralized “Web5” venture TBD to focus on bitcoin mining and its crypto wallet — The firm is redoubling efforts to supply miners as that industry struggles with profits — and Donald Trump promises help.
A US judge dismisses a copyright lawsuit by Raw Story and AlterNet against OpenAI over AI training, for now, saying the outlets couldn’t show enough harm (Blake Brittain/Reuters)
Blake Brittain / Reuters:
A US judge dismisses a copyright lawsuit by Raw Story and AlterNet against OpenAI over AI training, for now, saying the outlets couldn’t show enough harm — A New York federal judge on Thursday dismissed a lawsuit against artificial intelligence giant OpenAI that claimed it misused articles …
