Tech Meme

CNBC: Snap reports Q1 revenue up 14% YoY to $1.36B, vs. $1.35B est., and declines to provide guidance, citing macroeconomic uncertainties; SNAP drops 12%+ after hours  —  Snap reported better-than-expected first-quarter revenue Tuesday but declined to provide guidance, citing macroeconomic uncertainties … Lees verder op Tech Meme

Sarah Jacob / Bloomberg: Chipmaking equipment manufacturer ASM says orders in Q1 rose 14% YoY to €834M, vs. €808M est., but notes demand in non-AI-related segments was “sluggish”  —  Orders rose 14% from a year earlier at constant currency to €834 million ($951 million) … Lees verder op Tech Meme

Lauren Johnson / Adweek: PayPal is expanding PayPal Ads to sell programmatic ads on the open web, using shopping data from its services to help advertisers target ads  —  The payment giant is extending its ad business beyond its owned properties  —  PayPal is unleashing its advertising business on the open web. Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: The latest update of GPT-4o is “now 100% rolled back” for free users and is currently rolling back for paid users, as OpenAI aims to fix the model’s sycophancy  —  OpenAI CEO Sam Altman on Tuesday said that the company is “rolling back” the latest update to the default AI model powering ChatGPT … Lees verder op Tech Meme

Lily Hay Newman / Wired: WhatsApp plans to add cloud-based AI features like message summarization and composition, utilizing a system called Private Processing to maintain data privacy  —  WhatsApp’s AI tools will use a new “Private Processing” system designed to allow cloud access without letting Meta or anyone else see end-to-end encrypted chats. Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Meta says its Llama AI models have been downloaded 1.2B times, up from 1B downloads in March and 650M downloads in early December 2024  —  In mid-March, Meta said that its “open” AI model family, Llama, hit 1 billion downloads, up from 650 million downloads as of early December 2024. Lees verder op Tech Meme

John Irish / Reuters: In a first for the country, France blames Russia’s GRU for a string of local cyber attacks, including on ministries, defense firms, and think tanks  —  Figurines with computers and smartphones are seen in front of the words “Cyber Attack” in this illustration taken, February 19, 2024. Lees verder op Tech Meme

Bloomberg: The UK government publishes draft legislation on cryptoassets, set to be finalized later in 2025, and says it will work with US officials on crypto regulation  —  The UK government will collaborate with US officials on plans to regulate the burgeoning crypto industry, distancing itself … Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Meta debuts an API for its Llama AI models, in limited preview with pricing yet to be publicly announced  —  At its inaugural LlamaCon AI developer conference on Tuesday, Meta announced an API for its Llama series of AI models: the Llama API.  —  Available in limited preview … Lees verder op Tech Meme

Meta Developers on YouTube: Livestream of Meta’s LlamaCon 2025 keynote  —  Join us as we dive into the world of AI at LlamaCon 2025.  This session features a keynote presentation with Chief Product Officer Chris Cox, VP of Llama Manohar Paluri, and Llama Researcher Angela Fan.  Together, they will explore the importance … Lees verder op Tech Meme