Techmeme
April 23, 2024, 1:15 PM

Top News

Emilia David / The Verge:
Microsoft debuts Phi-3 Mini, a small 3.8B-parameter model about as capable as GPT-3.5, and plans Phi-3 Small and Phi-3 Medium models with 7B and 14B parameters  —  Microsoft launched the next version of its lightweight AI model Phi-3 Mini, the first of three small models the company plans to release.
Victoria Song / The Verge:NEW
Meta's Ray-Ban Smart Glasses get support for video calling via WhatsApp and Messenger, Apple Music compatibility, and a new frame style  —  Meta just announced a slew of new updates for its Ray-Ban Meta Smart Glasses.  CEO Mark Zuckerberg just dropped an Instagram reel showing off …
Counterpoint Research:
iPhone sales in China fell 19.1% YoY to a 15.7% share in Q1 2024; Vivo fell 0.4% YoY to 17.4%, Honor rose 11.5% YoY to 16.1%, and Huawei rose 69.7% YoY to 15.5%  —  - China's smartphone sales grew 1.5% YoY and 4.6% QoQ in Q1 2024, marking the second consecutive quarter of positive YoY growth.
Quentyn Kennemer / The Verge:
Apple schedules a “special Apple Event” for May 7 at 10am ET, where new iPads are expected; rumors suggest the iPad Pro will get an OLED display and an M3 chip  —  After kicking off 2024 with the launch of the Vision Pro, the next act in Apple's 2024 script is a May product launch event.
Washington Post:
Google fires ~20 more staff the company says participated in protests denouncing an Israeli cloud contract; an activist workers' group says the total is now 50+  —  Some employees protested the tech giant's contract with the Israeli government.  They've been let go.
Jess Weatherbed / The Verge:
Adobe adds AI tools powered by its new Firefly Image 3 model to Photoshop, including Reference Image to inspire the AI's output, available in beta on desktop  —  Adobe is adding some new generative AI tools to its Photoshop creative software that aim to give users additional ways to control the designs they generate.
Reuters:
Analysis: 10 Chinese entities acquired advanced Nvidia chips embedded in Supermicro, Dell, and Gigabyte products from November 20, 2023, to February 28, 2024  —  Chinese universities and research institutes recently obtained high-end Nvidia (NVDA.O) artificial intelligence chips through resellers …
Shirin Ghaffary / Bloomberg:
Perplexity AI, which offers an AI chatbot that summarizes search results, raised ~$63M led by Daniel Gross at a $1B+ valuation, up from $520M in January 2024  —  Perplexity's valuation has doubled in three months in a clear sign of investor enthusiasm for the company's artificial intelligence chatbot.
Dave Lee / Bloomberg:
As Congress' TikTok bill moves ahead, US lawmakers must show on what grounds they are forcing a sale or ban of the popular and culturally significant platform  —  Congress must show the evidence to gain Americans' support for its proposed sale or ban of one of the world's most popular social networks.
Zoho:
Stay alert: Zoho Cliq keeps you in the Checkout loop  —  Payment pages are becoming increasingly significant for various organizations.  For instance, consider an NGO committed to helping those in need.  They aim to gather funds for different initiatives, conduct various fundraising campaigns …
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Ashley Carman / Bloomberg:
Spotify reports Q1 revenue up 20% YoY to €3.6B, MAUs up 19% YoY to 615M, below 617.9M est., subscribers up 14% YoY to 239M, and a €168M operating income  —  - Subscribers to paid Spotify tiers jumped 14% to 239 million  — Swedish audio-streaming company posted record operating profit
Austin Weinstein / Bloomberg:
Sources: two SEC lawyers resigned after a US federal judge sanctioned and sharply rebuked the SEC for “gross abuse” of power in crypto platform DEBT Box's case  —  - Judge sanctioned regulator for ‘gross abuse of power’ in March  — Utah crypto firm was put into receivership on staff's advice

Sponsor Posts

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Kulkan Security:
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Zoho:
Stay alert: Zoho Cliq keeps you in the Checkout loop  —  Payment pages are becoming increasingly significant for various organizations.  For instance, consider an NGO committed to helping those in need.
Mastodon:
Donate to Mastodon  —  Mastodon gGmbH, the non-profit behind the open-source software powering the social web, relies entirely on support from users like you.  Donate directly with a credit card or through Patreon.
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Chris Welch / The Verge:
Mike Cherney / Wall Street Journal:
Akila Quinio / Financial Times:
Lizette Chapman / Bloomberg:
More: FinSMEsX: @zebulgar, @bznotes, and @graceisford
LinkedIn: Cameron McCord and Evan Loomis

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TechCrunch:
Annie Palmer / CNBC:
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Nilay Patel / The Verge:
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Scott Stein / CNET:
More: Meta, Fortune, ZDNet, UploadVR, PYMNTS.com, Stratechery, Road to VR, HotHardware, Financial Express, PC Gamer, Engadget, CCN.com, T3, KitGuru, PCGamesN, Mashable, BGR, Thurrott, VentureBeat, TechRadar, Silicon UK, Patently Apple, Stuff, The Indian Express, Wccftech, The Hindu, The Shortcut, Windows Report, NFT News Today, 9to5Google, Press Start, TechSpot, The Verge, UploadVR, Business Times, Meta for Developers, Techsponential, UploadVR, and Road to VR