Filing: Fidelity marks down its Twitter stake, estimating that Twitter is now worth about 33% of the $44B that Elon Musk paid, down from 44% in November 2022
Twitter is now worth just one-third of what Elon Musk paid for the social-media platform, according to Fidelity …
A look at the BabyLM Challenge, which aims to create language models with datasets that are less than one-ten-thousandth the size of those used by advanced LLMs
Teaching fewer words to large language models might help them sound more human. — When it comes to artificial intelligence chatbots, bigger is typically better.
Sources: Google plans to launch the Pixel Watch 2 in fall 2023 with a Snapdragon W5 series chip and Fitbit Sense 2-like sensors, alongside the Pixel 8 and 8 Pro
We revealed at the start of May that Google is planning to announce the Pixel Watch 2 alongside the Pixel 8 and 8 Pro …
While OpenAI has become more upfront about ChatGPT's limitations, the company should do more to make clear the bot can't reliably distinguish fact from fiction
“May occasionally generate incorrect information.” — This is the warning OpenAI pins to the homepage of its AI chatbot ChatGPT …
After a fake Pentagon “explosion” image went viral, Twitter adds Community Notes to images; the notes will also appear on “recent and future matching images”
Twitter is expanding its crowdsourced fact-checking program to include images, shortly …
Eclypsium: a firmware flaw in 271 models of Gigabyte motherboards could let hackers install malware at restart; Gigabyte plans a fix but problems could persist
Hidden code in hundreds of models of Gigabyte motherboards invisibly and insecurely downloads programs—a feature ripe for abuse, researchers say.
Garmin launches the $800 Fenix 7 Pro and $900 Epix 2 Pro in 42mm, 47mm, and 51mm sizes, both offering an LED flashlight, heart rate sensor, and improved maps
Garmin's joining the Pro bandwagon. On Wednesday, it's launching the Epix 2 Pro and Fenix 7 Pro, which both come with a boatload …
Block Party says its anti-harassment tool for Twitter is going on an indefinite hiatus starting May 31 due to Twitter API changes, and announces Privacy Party
Now that Twitter's API access is locked behind a tall paywall, long beloved third-party apps are shutting down.
Amazon Echo Pop review: a $40 bargain, nice design, good sound, and speedy responses, but fewer hardware features and less voice sensitive than the Dot
As the latest entry-level Alexa smart speaker, the $40 Echo Pop packs a lot of value into a small package. It's not as good as the Echo Dot, but it's got looks on its side.
Sources: the Biden administration is split on regulating generative AI; some prefer an EU-style model while others worry over losing a competitive advantage
Biden administration officials are divided over how aggressively new artificial intelligence tools should be regulated …
How the Shoggoth, a character from a 1936 H.P. Lovecraft novella, became a meme among AI workers as a metaphor for not fully understanding LLMs' inner workings
The Shoggoth, a character from a science fiction story, captures the essential weirdness of the A.I. moment. Tweets: @tikiambassador , @henryfarrell , @kevinroose , @tiagodf , @jasoncolavito , @kevino...
An investigation into Papa, a TaskRabbit-like service for seniors that has raised $240M, finds dozens of allegations of harassment, assault, theft, and more
If you've been to an annual open enrollment fair in the past few years, you may have noticed a new eldercare benefit with the unusual name of Papa. Tweets: @priyasideas , @vandermey , @bradstone , @bi...
OpenAI and DeepMind executives, Geoffrey Hinton, and 350+ others sign a statement saying “mitigating the risk of extinction from AI should be a global priority”
and says computer scientists need ethics training Brian Fung / CNN : AI industry and researchers sign statement warning of ‘extinction’ risk Alka Jain / Livemint : Industry leaders warn ‘AI poses risk...
Filing: Ontario Securities Commission opened an investigation on May 10 into Binance over trying to skirt regulations; Binance withdrew from Canada on May 12
Crypto exchange Binance Holdings Ltd. said it has received an order from one of Canada's securities regulators to investigate whether …
Some mainland China tech entrepreneurs are trying to gain permanent residency or citizenship outside of China to avoid US curbs and biases against Chinese firms
For the ambitious Chinese tech entrepreneur, expanding into the U.S. just keeps getting harder.
Analyst Ross Young says Apple's upcoming MR headset will have two 1.41" Micro OLED displays targeting 5,000+ nits of brightness and 4,000 pixels per inch
4K for each eye MacDailyNews : Here are the specs for Apple's ‘Reality One’ XR headset displays Ali Salman / Wccftech : Apple's AR Headset Display Specifications Leak Ahead of Launch, Expected to Come...
As GitHub prepares to close its San Francisco HQ, a look back at the living testament to tech culture, with its conflicts presaging a decade of tech backlash
The code-hosting platform's headquarters was a living testament to tech values and one of its first disputed territories. Tweets: @wired , @chacon , @nmsanchez , @_danilo , @nsqe , @koddsson , @jeffra...
Nvidia opens at a $1T market cap, joining Apple, Microsoft, Alphabet, and Amazon, after raising its Q2 revenue forecast due to AI demand; NVDA is up 180%+ YTD
Activision CEO Bobby Kotick says he was humbled and outraged by toxic workplace claims and blames “outside forces” for most of Activision's image issues
Bobby Kotick has a secret: He was ready to buy Time Warner a few years ago.The CEO of Activision Blizzard drops this nugget early … Tweets: @yoda , @stephentotilo , @toadsanime , @variety , @hazzadorg...
After raising $730M, UK chip startup Graphcore reported just ~$5M in 2021 revenue and a $183M loss; Microsoft, an investor, reportedly declined to use its chips
Nvidia is riding the AI wave to absurd heights. Its UK rival: not so much. But first... If your company sells components designed …
Sources: Binance is discussing letting some of its institutional clients use bank deposits as collateral for margin trading, to help reduce counterparty risk
Toronto-based Hostaway, which offers vacation rental management tools, raised $175M led by PSG Equity, after raising under $3M since its founding in 2015
Tourism and travel have come roaring back into business post-pandemic, and today a startup called Hostaway that's building technology …
Magic, which offers SDKs to help companies create and maintain crypto wallets, raised $52M led by PayPal Ventures at a ~$500M valuation
The biggest crypto wallet you've never heard of is flourishing. San Francisco-based Magic announced on Wednesday that it's raised $52 million …
Amazon discontinues Alexa's celebrity voices feature, offering Samuel L. Jackson's, Shaquille O'Neal's, and Melissa McCarthy's voices, even for those who paid
An interview with reclusive Bitcoin programmer @Fiatjaf on building the Nostr protocol to offer an alternative to Twitter and other centralized social media
Which Should Developers Care About More? Quentyn Kennemer / SlashGear : Twitter Alternative Bluesky Hits 100k Members Before Exiting Beta Tweets: @j3s7m4n : “500,000 daily Nostr users have sent each o...
Monzo reports £356M in FY2023 revenue, up from £154M in FY2022, and a £116M net loss, down from £119M YoY; CEO TS Anil says an IPO is “some ways down the road”
Iain Withers / Reuters :
How Taiwan became a key part of the electronics supply chain, creating interdependence between Taiwan, China, and the US that has deepened even as tensions rise
including core processors, 5G modems, Wi-Fi chips, and premium camera lenses — are made in Taiwan.” https://ig.ft.com/... Fantastic data-driven story by the FT. [image] Chris Horton / @heguisen : “If ...
HP reports Q2 revenue down 22% YoY to $12.91B, vs. $13.07B est., Personal Systems revenue down 29% YoY to $8.18B, and Printing net revenue down 5% YoY to $4.74B
A profile of AMD CEO Lisa Su, who orchestrated one of the great tech turnarounds after her 2014 takeover, as the company prepares to battle Nvidia over AI chips
AMD's CEO orchestrated one of the great turnarounds in Silicon Valley history, driving the dying semiconductor maker's stock price up nearly 30-fold in less than a decade. Tweets: @richardjnieva , @al...
Payments startup NomuPay, formed out of Wirecard and other assets, discloses raising $53.6M in total, including $15M recently, and plans a “proper raise” soon
Ingrid Lunden / TechCrunch :
A viral Nintendo's Tears of the Kingdom clip that shows Link unfurling a bridge wows game developers; Nintendo reportedly spent a full year polishing the game
Nicole Carpenter / Polygon :
Foxconn predicts “triple-digit growth in AI servers” in H2 2023 as demand skyrockets; in 2022, Foxconn made ~$36B in server revenue out of its $215B total
Kathrin Hille / Financial Times :
A Chinese government report says Chinese organizations launched 79 LLMs in the country over the past three years, compared to US organizations' 96 in the US
Source: MoonPay insiders, including CEO Ivan Soto-Wright, cashed out $150M in shares as part of the crypto payment startup's $555M Series A in November 2021
The only smart people in the entire NFT fiasco were the grifter CEOs who made bag holders out of greedy VCs and Ponzi schemers who thought they were the ones doing the pump & dump. … Tweets: Pauly / @...
SCOTUS turns away an appeal by victims of child porn claiming Reddit facilitates and benefits from CSAM, after leaving Section 230 intact in two May 2023 cases
Miami-based Transak, which sells payment and onboarding infrastructure for Web3 games and financial apps, raised a $20M Series A led by CE Innovation Capital
Brandy Betz / CoinDesk :
By creating separate crypto companies, Standard Chartered and other finance groups are betting fund managers will prefer trusted brands to opaque crypto firms
Nikou Asgari / Financial Times :
A profile of Plaid, valued at $13.4B, and founder Zach Perret, after a $58M data scraping settlement in 2022, as the company expands and fights a lawsuit by PNC
Jenny Surane / Bloomberg : Tweets: @policypitts Tweets: John Pitts / @policypitts : This Bloomberg story paints a decent (albeit colorful) picture of where the industry has come from and Plaid's role...
Statistics Korea: South Korea's semiconductor inventory rose 83% YoY in April 2023, the biggest increase since April 2016, while factory shipments fell 33% YoY
Myungshin Cho / Bloomberg :
HPE reports Q2 revenue up 4% YoY to $7B, vs. $7.3B est., HPC & AI revenue up 18% YoY to $840M, and Intelligent Edge revenue up 50% YoY to $1.3B; HPE drops 5%+
Jon Swartz / MarketWatch :
An interview with Intel CEO Pat Gelsinger on having had “some serious” leadership, people, and methodology issues, the rough turnaround, competitors, and more
Shopify: Revolutionizing Commerce with Winter Edition '26
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Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.