Morning Brew - August 05, 2024

Welcome to the Morning Brew technology newsletter. Our daily newsletter with links and TLDRs of major tech and programming stories.

Morning Brew -  August 05, 2024
Photo by Liam Hunter / Unsplash

Welcome to the Morning Brew technology newsletter.

Our daily newsletter with links and TLDRs of major tech and programming stories.

Tech

Intel is laying off over 15,000 employees and will stop ‘non-essential work’
That’s a lot of layoffs.
Zuckerberg says Meta will need 10x more computing power to train Llama 4 than Llama 3 | TechCrunch
“The amount of computing needed to train Llama 4 will likely be almost 10x more than what we used to train Llama 3,” Zuckerberg said.

Cryptocurrency

Coinbase Posts $1.4 Billion in Q2 Revenue, Claims Improving ‘Regulatory Clarity’ - Decrypt
Coinbase quarterly transaction revenue was $781 million, down 27% from the first three months of 2024.
Marathon Digital Posts $200 Million Quarterly Loss Amid Bitcoin Mining Sector Woes - Decrypt
This year’s halving, coupled with increased global hash rates and equipment failures, greatly affected Marathon Digital’s output, it said.
Thread by @elixir on Thread Reader App
@elixir: Introducing Decentralized US Dollar (deUSD) – the future of DeFi money Hyper-resilient, fully collateralized, and natively yield generating, deUSD will change the landscape of DeFi liquidity Now live - power...


Cybersecurity

DigiCert mass-revoking TLS certificates due to domain validation bug
DigiCert is warning that it will be mass-revoking SSL/TLS certificates due to a bug in how the company verified if a customer owned or operated a domain and requires impacted customers to reissue certificates within 24 hours.
Critical ServiceNow vulnerabilities being targeted by hackers, cyber agency warns
The Cybersecurity and Infrastructure Security Agency (CISA) said hackers are trying to exploit the bugs, giving federal civilian agencies until August 19 to patch them.
‘Error’ in Microsoft’s DDoS defenses amplified Azure outage
A playbook full of strategies and someone fumbles the implementation
Record-Breaking $75 Million Ransom Paid To Dark Angels Gang
You may not have heard of these ransomware criminals, but according to threat intelligence researchers, they’ve hit a $75 million ransom payday. Meet the Dark Angels.
Poor security let hackers access 40 million voters’ details
The UK data watchdog says weak passwords and unpatched software were responsible for the hack.
Over 1 Million Domains at Risk of ‘Sitting Ducks’ Domain Hijacking Technique
Over a million domains are at risk from the Sitting Ducks attack, hijacked by cybercriminals exploiting DNS weaknesses.

AI

Microsoft says OpenAI is now a competitor in AI and search
What once was a strategic, long-term partnership between the world’s biggest software company and an AI startup has morphed into something more complicated.
OpenAI pledges to give U.S. AI Safety Institute early access to its next model | TechCrunch
OpenAI CEO Sam Altman said that OpenAI is working on an agreement with the U.S. AI Safety Institute to give early access to its next flagship model for evaluations.
The EU’s AI Act is now in force | TechCrunch
The European Union’s risk-based regulation for applications of artificial intelligence has come into force starting from today.

Marketing

[REPORT] 1,500+ New Brands Just Jumped Into Podcast Ads, Spending Surges 22% Y-o-Y
Magellan AI released its Quarterly Benchmark Report for Q2 2024, which noted that podcast advertising continues its upward trajectory, with spending increasing 22% year-over-year in Q2 2024. The report covers podcast advertising data from the U.S., Canada, the UK, Ireland, Germany, and Australia, analyzing English, Spanish, and German content. The company employs AI-driven ad detection [
]
Jimmy Kim on LinkedIn: Io18 is about to change email marketing
 again. Apples new update uses
 | 57 comments
Io18 is about to change email marketing
 again. Apples new update uses AI to generate a summary of each and every email. As an email marketer: -
 | 57 comments on LinkedIn

Design

Google presents new update for Google Maps and Waze.
The new features in Google Maps and Waze aims to make apps more useful and relevant for users
Microsoft strips ads from Skype in a move toward “user-centric design”
Update also improves AI image features, adds OneAuth support on iOS.