Kif Leswing / CNBC:
As Intel reports disappointing earnings and guidance, and becomes S&P's worst performing stock in 2024, a look at the long history of company's missteps — Intel CEO Pat Gelsinger speaks while showing silicon wafers during an event called AI Everywhere in New York, Thursday, Dec. 14, 2023.
Emanuel Maiberg / 404 Media:
Apple removes three AI image generation apps from the App Store after 404 Media probe found the apps advertised the ability to create nonconsensual nude images — Apple and Google appear more willing to take action against these apps than they were in the past.
Will Louch / Financial Times:
Thoma Bravo agrees to buy UK-based cyber security company Darktrace for $7.75 per share, a 20% premium on its April 25 closing price, valuing the company at $5B — Offer comes less than two years after private equity group previously held talks about buying cyber security company
Vlad Savov / Bloomberg:
TechInsights teardown: Huawei's Pura 70 uses a 7nm chip, similar to the Mate 60, and a Kirin 9010 processor, a newer version of the Mate 60 Pro's Kirin 9000s — - The Pura 70 relies on a 7nm chip similar to the Mate 60's — Washington has stepped up efforts to curb Chinese chipmaking
Chris Miller / Financial Times:
The CHIPS Act has been surprisingly successful so far, giving the US greater scope to meet critical infrastructure needs in the event of a crisis in East Asia — More than halfway through its incentives spending, the US will have far greater scope to manage shocks
Cecilia Kang / New York Times:
The FCC votes 3-2 to reinstate net neutrality rules, expanding government oversight of ISPs and aiming to protect consumer access to the internet — Commissioners voted along party lines to revive the rules that declare broadband as a utility-like service that could be regulated like phones and water.
Andy Chalk / PC Gamer:
Garry's Mod is removing “all Nintendo related stuff” from its Steam Workshop, covering “20 years of uploads”, after receiving a takedown request from Nintendo — Fans aren't happy, as you can imagine. — Following a takedown request issued by Nintendo …
Financial Times:
K Krithivasan, the CEO of Indian IT giant TCS, says there'll be “minimal” need for call centers in as soon as a year, as AI chatbots take over much of the work — Chatbots will soon take over much of the work of human agents, forecasts chief of Indian IT group
Yoolim Lee / Bloomberg:
SK Hynix reports Q1 revenue of ~$9B, more than doubling YoY, and ~$2B in operating income, above estimates of ~$1.3B and the biggest quarterly profit since 2022 — Sales at the world's No. 2 maker of memory more than doubled to 12.4 trillion won ($9 billion) in the March quarter, beating expectations.
Ingrid Lunden / TechCrunch:
Stripe says some of its products will be available to companies that are using other payments providers, and unveils new embedded finance features and AI tools — Stripe continues to hold the title of being the biggest financial technology business still in private hands …