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SpaceX is coming for T-Mobile, AT&T and Verizon
SpaceX is preparing to build a terrestrial mobile network to "acquire quite a few" of the customers now subscribed to T-Mobile, AT T, and Verizon. The message to compete head-to-head with the US carriers was delivered by SpaceX president Gwynne Shotwell and CEO Elon Musk during the Q A section of the company's first earnings call. "The spectrum that we purchased from EchoStar does have terrestrial components, so we definitely intend to build out the terrestrial component," said Shotwell. "You will have not only the capacity from the satellites themselves, but you will have a buildout of the terrestrial, basically the hardware and systems ne … Read the full story at The Verge.
Zero-Mem: Zero-Token Memory Operations for LLM Agents
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After Losses, Retail Investors Flock to 3x Leverage as 2x Product Are Restricted
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Eight Myths on Software Engineering and GenAI
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Lucid’s turnaround plan hinges on $1.4B in cash savings, robotaxis
Lucid's new CEO Silvio Napoli listed four must-win priorities, including the successful launch of its midsize EV, finishing a factory in Saudi Arabia, cutting expenses, and robotaxis.
Now you can securely link multiple phones to one Signal account
You can link more devices with one phone number on Signal now, including an Android phone or iPhone. Signal already supported linking PCs and iPads, but not additional phones. When you link a device on Signal, you can check and respond to new messages across all of your linked devices. You can also choose whether or not to transfer an end-to-end encrypted copy of your previous messages to each newly linked device to mitigate the risk of devices that might be shared, lost, or compromised. The update is rolling out now with Signal version 8.20 on Android and version 8.22 for iPhone / iPad. Signal also says it has made "significant interface … Read the full story at The Verge.
AI fuels more than half of cybercrime in Africa as scams surge – Interpol
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AMD’s datacenter business is booming while gaming takes a backseat
Driven by demand for AI capacity, AMD's data center revenue more than doubled year-over-year in its latest earnings report, reaching $6.7 billion. That's up from $5.8 billion in Q1, and jumping 107 percent from the $3.2 billion it reported for the same period a year ago. At the same time, AMD's gaming revenue fell 31 percent compared to last year, to $779 million, as price hikes and component shortages slowed sales for the Xbox Series X / S, PS5, and Valve's Steam Deck. "Revenue increased 50 percent year-over-year to a record $11.5 billion, driven by continued strength in our Data Center business, which represented 58% of company revenue i … Read the full story at The Verge.
SpaceX made more revenue as an AI company than a space company
SpaceX's AI revenue grew more than three times to $2.6 billion from the year before, mostly because of deals that the company made to provide compute to other AI companies, according to SpaceX's quarterly earnings. The AI division, which the company said in its documents to go public was the source of most of its value, lost $1.5 billion this quarter, slightly less than in the same quarter last year. SpaceX made deals with Anthropic in May and Google in June to provide compute to the other two AI companies, putting it in competition with other neoclouds such as CoreWeave. The increased presence in AI is also driving the company to spend mor … Read the full story at The Verge.
SpaceX doubles revenue on Anthropic and Google compute deals, Starlink growth
SpaceX doubled its revenue compared to last year, according to its first quarterly earnings since going public in June.
Android app developers may be unwittingly sharing their users’ location data with advertisers
New findings by the Electronic Frontier Foundation aim to warn app developers that some of the third-party code they place in their apps may also collect their users' location data when they grant permission to the app.
Oxide Computer raises $445M (SEC Form D)
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