ByteDance's (TikTok parent) revenue +40% to $29B in Q2
Top stories today:
- ByteDance's (TikTok parent) revenue +40% to $29B in Q2
- Google Deepmind unveils GraphCast, AI weather forecaster
- visionOS beta 6 gets new onboarding videos
- Buffett makes little changes to Berkshire's portfolio
- Israel begins “targeted operation” at Gaza's largest hospital
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 close (4 PM ET / 1 PM PT).
All times are ET.
1. ByteDance's (TikTok parent) revenue +40% to $29B in Q2
Meta, closest comp, only +11% to $32B.
2. Google Deepmind unveils GraphCast, AI weather forecaster said to be most accurate system worldwide
GraphCast outperformed the ECMWF’s High RESolution forecast (HRES) in 90% of metrics.
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4. visionOS beta 6 gets new onboarding videos, as Telegram unveils app
Early 2024 is still the expected launch date for the Vision Pro, with April being the most likely launch month.
Telegram founder Durov posted a short video showcasing their Vision Pro app
Read more: 9to5Mac.
5. Buffett makes little changes to Berkshire's portfolio, trimming Chevron by 10%
Apple is 50% of Berkshire's stock investments.
6. Israel begins “targeted operation” at Gaza's largest hospital
Shifa hospital operation begins as incubators, medical supplies arrive.
U.S.: intelligence confirms Hamas hides under hospitals.
U.S. military aid to Israel being quietly sent.
Refueling: Israel allows UN to bring in fuel via Egypt crossing.
Hamas “pit” headquarters unveiled by IDF.
Israeli FM: Gaza border crossing won't reopen after war.
~200K march in D.C. in favor of Israel.
Hillary Clinton: Hamas must go.
7. ChatGPT Plus sign-ups paused after “surge in usage post-DevDay”
8. Global net interest payments by governments to hit $2B in 2023
9. Interesting videos, posts, and memes
10. Other headlines
Khosla Ventures raising $3B: $0.5B seed, $1.6B venture, $0.9B growth.
Nothing Phone 2 gives you iMessage on Android that produces blue bubbles.
Former YC Continuity head targets $350M growth fund.
Huawei claims world's fastest (1.2 Tbps) internet, after Nokia's similar claim.
JD's revenue +2% YoY to $34.2B in Q3.
Tencent's revenue +10% to $21.4B.
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Tech & law
Alphabet CEO Pichai returns to stand at Epic v. Google trial.
Foxconn preps for backlash as founder runs for Taiwan presidency.
Social media companies must face addiction suits, judge rules.
Yandex likely to sell all Russian assets at once, after Kremlin pressure.
Adobe, Figma deal continues to be delayed by EU.
Microsoft, Google will not challenge EU's “gatekeeper” status.
Shutdown averted in House on bipartisan basis: 209 Dems, 127 Reps.
Ukraine aid must be tied to spending cuts: speaker Johnson.
Trump to remain on Michigan ballot after another judge rejects 14A ban.
Tuberville's military holds broken by Senate Dems.
Gaetz calls for House Ethics probe into McCarthy.
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