The Brutalist Report - tech
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- New Mexico trial: a judge orders Meta to pay $567M and make changes for underage users after finding its platforms helped create a public nuisance harming teens (KOB 4) [4d]
- Alphabet raises $25B in a bond sale; sources say the offering attracted roughly $115B of peak demand and that the company plans to issue US debt twice a year (Bloomberg) [4d]
- Atlassian reports Q4 revenue up 28% YoY to $1.77B, vs. $1.66B est., cloud revenue up 31% to $1.2B, forecasts Q1 revenue above est.; TEAM jumps 31%+ after hours (Arunesh Sinha/Reuters) [4d]
- Twilio reports Q2 revenue up 22% YoY to $1.5B, above $1.43B est., and forecasts Q3 revenue above estimates; TWLO jumps 16%+ after hours (Reinhardt Krause/Investor's Business ...) [4d]
- Sources: Canva slashed revenue growth forecast as heavy use of new AI features drove up costs and slowed their rollout, while more Canva users turned to ChatGPT (The Information) [4d]
- Cloudflare reports Q2 revenue up 36% YoY to $696.1M, above $665M est., and forecasts Q3 revenue above estimates; NET jumps 17%+ after hours (Angela Palumbo/Barron's Online) [4d]
- Instacart reports Q2 revenue up 14% YoY to $1.04B, GTV up 14% to $10.35B, above est., forecasts Q3 GTV and core profit above est.; CART jumps 8%+ after hours (Koyena Das/Reuters) [4d]
- Roku reports Q2 revenue up 22% YoY to $1.35B vs. $1.3B est., net income of $164.2M, ad revenue up 25% to $673M, and subscription revenue up 26% to $548M (Todd Spangler/Variety) [4d]
- Lyft reports Q2 revenue up 16% YoY to $1.84B, vs. $1.81B est., rides up 12% to 262.4M, and expects Q3 gross bookings growth to slow to 15%-19% (Kelly Cloonan/Wall Street Journal) [4d]
- Airbnb reports Q2 revenue up 17% YoY to $3.6B, Nights and Seats Booked up 10% to 148.3M, above est., lifts 2026 revenue forecast; ABNB jumps 10%+ after hours (Natalie Lung/Bloomberg) [4d]
- AMD acquires Toronto-based Taalas, which integrates model weights directly into silicon to boost inference performance, for an undisclosed sum (Tobias Mann/The Register) [4d]
- Sources: OpenAI's new device, slated for 2027, is a hockey puck-sized smart speaker with moving parts that help give it personality, likely costing $300+ (Mark Gurman/Bloomberg) [4d]
- Gravity, which places text-based ads within AI chatbots, raised a $30.5M Series A co-led by Lightspeed and Committed, taking its total funding to $38.5M (Lara O'Reilly/Business Insider) [4d]
- Docs: US data labeling companies, like Surge AI and Mercor, that sell training datasets to US AI labs and the government are also selling them to Chinese labs (Anna Tong/Forbes) [4d]
- Figma CEO Dylan Field forfeits ~$46M in stock awards to revive investor confidence amid AI disruption fears; FIG is down ~77% from its peak more than a year ago (Brody Ford/Bloomberg) [4d]
- Scientists trained AI on genetic sequences to design viruses not found in nature, yielding viable viruses that can infect bacteria but pose no threat to humans (Carl Zimmer/New York Times) [4d]
- Sources: Panthalassa, which aims to power data centers in the ocean using energy generated by waves, is raising $225M at a ~$2B valuation, up from $1B in May (Julia Hornstein/The Information) [4d]
- Sources: Nscale told potential backers it generated $100M+ in Q2 revenue, up from $37M in Q1, and has $51B in contracts, ahead of a possible September US IPO (Bailey Lipschultz/Bloomberg) [4d]
- Suno plans to adopt new watermarking and fingerprinting tech, transparency tools, and a new download policy to limit the spread of spammy AI tracks (Terrence O'Brien/The Verge) [4d]
- No new articles in the Past 6 Hours.
- My Life with the Walter Boys season 4: release window and everything we know so far about the hit Netflix show's return [4d]
- I didn't think the Inzone M10S gaming monitor could get much better, then I tried the new Inzone M10S 2 [4d]
- NASA says a billion-dollar bill for a recycled Moon rover is simply too high [4d]
- Quordle hints and answers for Friday, August 7 (game #1656) [4d]
- NYT Connections hints and answers for Friday, August 7 (game #1153) [4d]
- NYT Strands hints and answers for Friday, August 7 (game #887) [4d]
- Waymo CEO says camera-only self-driving systems can’t support fully autonomous driving systems, and after testing multiple robotaxis, I have to agree [4d]
- US Air Force says the F-47 'will fly in this administration' — new super jet set to replace the F-22 is still set to arrive in 2028 [4d]
- Quote of the day by computer scientist Geoffrey Hinton on AI: 'It is hard to see how you can prevent the bad actors from using it for bad things' — a pessimistic take on the domination of new technologies by those with ulterior motives [4d]
- Robert Pattinson steps into Chris Hansen's shoes in the gripping new A24 Primetime trailer — but I was distracted by an unrecognizable The Office star [4d]
- Chuwi UniBook review: New Intel silicon makes it an affordable laptop, but it comes with a few caveats [4d]
- It's like, 'Wait a minute, are you, wait, is that Jimothy?' The inside story of how the viral raccoon climbed inside Roku City [4d]
- SK Hynix and SanDisk reveal first specs for High Bandwidth Flash — but don't get too excited, you probably won't be able to buy it anytime soon [4d]
- 'I think there's room for both to coexist': Disney's new creator festival is the clearest sign yet that Hollywood and fan-made movies are colliding [4d]
- Global memory shortage forces top PC makers like HP and Asus to turn to CXMT chips — but what will Samsung and Micron think? [4d]
- More hefty GPU price hikes are rumored — and your only chance of a high-end Nvidia graphics card at MSRP is at QuakeCon [4d]
- The AirPods Pro 3 haven't been this cheap since Prime Day — the 'near-perfect' buds are $60 off today [4d]
- My Life with the Walter Boys season 3 'fatal' shock ending could kill off one beloved character — but Netflix's season 4 renewal announcement might have already confirmed otherwise [4d]
- You Can Now Link More Devices to a Signal Messaging Account [4d]
- Ninja Has Tons of Frozen Dessert Machines, but This More Affordable One Is Still My Favorite [4d]
- Today’s NYT Connections: Sports Edition Hints and Answers for Aug. 7, #683 [4d]
- Today’s NYT Strands Hints, Answers and Help for Aug. 7 #887 [4d]
- Fare is Fair: Zoox Launching Robotaxi Service in Las Vegas [4d]
- Today’s NYT Connections Hints and Answers for Aug. 7, #1153 [4d]
- Most People Prefer AI Writing, but That’s Because It’s Trained on Us [4d]
- Wordle Hints, Answer and Help for Aug. 7, #1875 [4d]
- Suno Plans New Tools to Make AI-Generated Music More Transparent. Is It Enough? [4d]
- Ford Unveils New, Affordable Electric Truck, the Fathom [4d]
- Save $200 on This Lenovo Chromebook Plus With a Gorgeous 2K Touchscreen [4d]
- This Dell Ryzen 7 Laptop Is Down to $600 at Best Buy, but Only for Today [4d]
- How Fast Should Your Home Internet Be? [4d]
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