Emma Roth / The Verge:
TikTok launches TikTok Spotlight, in-app hubs for movies and TV shows that add links to “applicable” videos with information and where to watch, tested on Dune — TikTok will now create in-app hubs for movies and TV shows and place them directly on fan-made videos.
China’s SMIC reports Q2 revenue up 21.8% YoY to ~$1.9B, above est., net profit down 59.1% YoY to ~$164.6M, above ~$103.8M est., and $2.25B capital expenditure (Reuters)
Reuters:
China’s SMIC reports Q2 revenue up 21.8% YoY to ~$1.9B, above est., net profit down 59.1% YoY to ~$164.6M, above ~$103.8M est., and $2.25B capital expenditure — Semiconductor Manufacturing International Corp (0981.HK) reported a 59.1% fall in second-quarter net profit on Thursday though …
Indian crypto exchange WazirX plans to undo all trades that occurred following its withdrawal freeze on July 18 “over the next few days”, after a $230M+ hack (Adam James/The Block)
Adam James / The Block:
Indian crypto exchange WazirX plans to undo all trades that occurred following its withdrawal freeze on July 18 “over the next few days”, after a $230M+ hack — – WazirX announced plans to undo all trades following its withdrawal freeze on July 18.
Microsoft and Palantir partner to sell government cloud and AI tools, including GPT-4, to US defense and intel agencies; Palantir will integrate with Azure (Bloomberg)
Bloomberg:
Microsoft and Palantir partner to sell government cloud and AI tools, including GPT-4, to US defense and intel agencies; Palantir will integrate with Azure — Microsoft Corp. and Palantir Technologies Inc. are combining their government cloud-computing and artificial intelligence tools …
The UK CMA opens a formal merger inquiry into Amazon’s Anthropic investment after getting “sufficient information” about the deal; Amazon is “disappointed” (Camilla Hodgson/Financial Times)
Camilla Hodgson / Financial Times:
The UK CMA opens a formal merger inquiry into Amazon’s Anthropic investment after getting “sufficient information” about the deal; Amazon is “disappointed” — CMA to escalate matter to the first phase after seeking views on tech giant’s investment in the AI start-up
Google says it stopped making the Chromecast after intense competition, shifting to a premium device, and views the Nvidia Shield as something to strive towards (Chris Welch/The Verge)
Chris Welch / The Verge:
Google says it stopped making the Chromecast after intense competition, shifting to a premium device, and views the Nvidia Shield as something to strive towards — The Chromecast is going away after more than a decade in Google’s hardware portfolio, with the company phasing it out to make room for the new Google TV Streamer.
Elon Musk posted and then deleted on X a fake Telegraph story on Falkland “Detainment Camps” shared by a far-right UK political party; the post had 1.8M+ views (Josh Self/Politics.co.uk)
Josh Self / Politics.co.uk:
Elon Musk posted and then deleted on X a fake Telegraph story on Falkland “Detainment Camps” shared by a far-right UK political party; the post had 1.8M+ views — Elon Musk has deleted a post on X, the social media platform he owns, in which he spread fake news about …
How VP nominee Tim Walz vetoed a bill to raise minimum pay for Uber and Lyft drivers in Minnesota, before signing an updated law in May 2024 to raise pay by 20% (Andrew J. Hawkins/The Verge)
Andrew J. Hawkins / The Verge:
How VP nominee Tim Walz vetoed a bill to raise minimum pay for Uber and Lyft drivers in Minnesota, before signing an updated law in May 2024 to raise pay by 20% — Last year, when Minnesota’s progressive politicians coalesced around a bill to raise the minimum pay for Uber and Lyft drivers in the state …
Interviews with 12 TSMC staff detail ongoing culture clashes in Arizona, as well as Japan and Germany; about 50% of the 2,200 Phoenix workers came from Taiwan (John Liu/New York Times)
John Liu / New York Times:
Interviews with 12 TSMC staff detail ongoing culture clashes in Arizona, as well as Japan and Germany; about 50% of the 2,200 Phoenix workers came from Taiwan — The Taiwan Semiconductor Manufacturing Company facility in Phoenix.Cassidy Araiza for The New York Times
AI chipmaker Black Sesame drops as much as 35% on its Hong Kong trading debut, after pricing shares at the bottom of its range and raising ~$133M in its IPO (Dave Sebastian/Bloomberg)
Dave Sebastian / Bloomberg:
AI chipmaker Black Sesame drops as much as 35% on its Hong Kong trading debut, after pricing shares at the bottom of its range and raising ~$133M in its IPO — – Company raised $133 million in IPO after pricing at low end — Listing was second debut under city’s special-tech IPO rules
