Sources: Sam Altman is talking to investors, including the UAE government, to raise as much as $5T to $7T for an AI chip project
Sam Altman was already trying to lead the development of human-level artificial intelligence. Now he has another great ambition: raising trillions of dollars …
John Walker, a computer programmer and co-founder of 3D design software maker Autodesk, died on February 2 at the age of 75
Very sad news on the passing on John Walker, programmer and co-founder of AutoDesk. His contributions to our industry, the rise of the PC, and the modern industrialization of nearly everything were in...
Ring plans to raise the price of its cheapest subscription by 25% to $5 a month or $50 a year from March 11, 2024
In what is fast becoming a trend, another security camera company is raising the price of its subscription plan. … The Basic is Ring's cheapest plan and gives you access …
Meta removes the Facebook and Instagram accounts of Iran's supreme leader for repeatedly violating its Dangerous Organizations & Individuals policy
Meta on Thursday said it had removed the Facebook and Instagram accounts of Iran's supreme leader Ayatollah Ali Khamenei for violating its content policy.
Carlyle Group agrees to sell UK game publisher Jagex, which develops RuneScape, to CVC Capital, sources say for £900M, after acquiring it in 2021 for $530M+
Europe's CVC Capital Partners and US-based Haveli Investments agree to buy ‘RuneScape’ developer
Sources: OpenAI's annualized revenue hit $2B in December, up from $1.3B in October 2023, and the company believes it can more than double the figure in 2025
San Francisco-based start-up joins Google and Meta as one of the fastest-growing tech companies ever
Source: Disney's $1.5B investment in Epic Games will give Disney a 9% stake in Epic at a valuation of $22.5B, down ~29% from its 2022 valuation of $31.5B
Disney's $1.5 billion investment in Epic Games values the Fortnite maker at $22.5 billion, a person familiar with the matter said.
A look at the state of Passkeys, supported by Google, Apple, and others, which offer a seamless vision of a more secure future but the UX still needs work
Passkeys are here to replace passwords. When they work, it's a seamless vision of the future. But don't ditch your old logins just yet. X: @jbhall56 X: Jeff Hall / @jbhall56 : Passkeys are here to r...
Sources: Nvidia plans to build a new business unit focused on designing custom chips, including AI chips, for cloud companies; custom chips are a $30B market
Nvidia (NVDA.O) is building a new business unit focused on designing bespoke chips for cloud computing firms and others …
LastPass warns users about a fake copy of its app on Apple's App Store, with a similar name and logo, likely used as a phishing app to steal users' credentials
what you need to know Amrita Khalid / The Verge : Fake LastPass phishing app nabs a five-star rating on Apple's App Store.The slyly named “LassPass” … Heinrich Long / RestorePrivacy : Fake LastPass Pa...
Google debuts Gemini Ultra 1.0, its largest and most capable LLM, renames Bard as Gemini, debuts a dedicated Android app, and plans to add Gemini to its iOS app
its multimodal genAI engine Alexey Shabanov / TestingCatalog : Gemini takes over Bard: Google's AI with a dedicated Android app Mike Viray / Phandroid : Google Finally Launches its Gemini App for Andr...
Sources: Paytm E-commerce changed its name to Pai Platforms and acquired Bitsila, a seller platform on India's Open Network for Digital Commerce
Paytm E-commerce has changed its name to Pai Platforms and has acquired Bitsila, a seller platform on ONDC, gaining share in the online retail business.
Epik, a domain registrar serving far-right and extremist websites, has been acquired by Registered Agents, whose services allow companies to operate anonymously
Known for doing business with far-right extremist websites, Epik has been acquired by a company that specializes in helping businesses keep their operations secret.
Chris Dixon's book becomes an NYT Best Seller but with a dagger icon denoting bulk orders; a16z and some startups linked to it gave the book to staff and others
Motherboard found that firms linked to a16z and general partner Chris Dixon bought numerous copies of his new book promoting cryptocurrencies …
The FCC outlaws scam robocalls featuring fake, AI-created voices, giving state AGs more legal tools to pursue illegal robocallers that use such voices
Brian Fung / CNN :
PWAs no longer work as standalone apps in iOS 17.4 betas, presumably as part of Apple's preparation for EU DMA which forces it to allow alt browser engines
but they aren't dead Bruce Lawson / Bruce Lawson's personal site : Is Apple breaking PWAs out of malicious compliance? Tom Pritchard / Tom's Guide : iOS 17.4 beta just broke iPhone web apps — but only...
How Palantir embedded itself in the day-to-day work of Ukraine's wartime government in an unprecedented way, as Ukraine becomes a laboratory for military tech
Early on the morning of June 1, 2022, Alex Karp, the CEO of the data-analytics firm Palantir Technologies, crossed the border between Poland … Mastodon: @TechDesk@flipboard.social . X: @alanasemuels ,...
Grammarly lays off 230 staffers as part of a restructuring, after growing its team from 200 to 1,000 over the past five years; it was valued at $13B in 2021
Grammarly is laying off 230 employees worldwide as part of a “business restructuring,” the company announced this week.
Take-Two reports Q3 net bookings down 3% YoY to $1.34B, net revenue down 3% YoY to $1.37B, and plans cost reductions “more robust” than in 2023; TTWO drops 9%+
Dean Takahashi / VentureBeat :
Expedia says CEO Peter Kern will step down after four years in the role and names its president for business, Ariane Gorin, as CEO, effective May 13, 2024
Expedia's President for Business to succeed Peter Kern as CEO —Exiting CEO Peter Kern: “We delivered on our full-year guidance and drove record results...” $EXPE: -12.4%AH [image]
Meta says it will not “proactively recommend political content from accounts you don't follow” on Threads, the same policy it uses on Facebook and Instagram
Meta will not “proactively recommend political content from accounts you don't follow” on Threads, the company said in a statement provided to Axios.
Disney is testing a contextual ad tool dubbed “magic words” for Disney+ and Hulu that uses AI to analyze scenes and identify contents, brands, images, and mood
Walt Disney (DIS.N) is harnessing artificial intelligence to power a new advertising tool that will help brands tailor …
X signs a two-year deal with the WWE for a new exclusive weekly video series called WWE Speed featuring timed matches of 5 minutes or less, coming spring 2024
Alex Weprin / The Hollywood Reporter :
Sources: Meta considers flagging more uses of the term “Zionist” as antisemitic, a move some say could suppress legitimate debate about the Israel-Hamas war
Meta could start flagging more uses of the term ‘Zionist’ as antisemitic, a move some say could suppress legitimate debate about the Israel-Gaza war
The White House says it plans to invest $5B+ from the CHIPS Act in “semiconductor-related research”, including in the National Semiconductor Technology Center
- Officials seek to prevent China from benefiting from funding — R&D effort seeks to fill hardware, packaging innovation gaps
In a lawsuit, former TikTok Global Head of Brand & Creative Katie Puris claims she was subjected to discrimination and “ultimately unlawfully terminated”
Shauneen Miranda / Axios :
Arm closed up 47.89% after issuing a strong profit forecast, adding ~$38B to its market cap, with $34B+ of that accruing to SoftBank, which owns 90% of Arm
Ezra, which offers AI-powered full-body MRI scans to detect cancer, raised $21M led by Healthier Capital and FirstMark Capital, taking its total funding to $41M
AlleyWatch :
Pinterest reports Q4 revenue up 12% YoY to $981.3M, vs. $991M est., MAUs up 11% to 498M, vs. 487M est., and a weaker-than-expected Q1 forecast; PINS drops 5%+
Jonathan Vanian / CNBC :
Cloudflare reports Q4 revenue up 32% YoY to $362.5M, vs. $353.1M est., net loss of $27.9M, vs. $45.9M YoY, and Q1 revenue guidance above est.; NET jumps 17%+
delivering the highest quarterly growth since 2021...” $NET: +10.3% AH [image]
Xiaolang Zhang, a former Apple engineer who pled guilty in August 2022 to IP theft of Apple's car project, is sentenced to 120 days in prison and a ~$147K fine
Must pay a whopping $146,000 restitution Anubhav / Gizmochina : Former Apple Engineer Sentenced for Stealing Self-Driving Car Secrets Wesley Hilliard / AppleInsider : Stealing Apple trade secrets can ...
SEC filing: NYSE-listed Bakkt, a crypto trading platform backed by the Intercontinental Exchange, warns that it might not be able to stay in business in a year
Martin Young / Cointelegraph :
Sources: Singapore-based Grab and Jakarta-based GoTo revive talks for a ride-hailing merger in Southeast Asia; GoTo says “no such discussion is taking place”
Bloomberg :
Filing: Microsoft says Activision had planned layoffs before the merger, responding to the FTC's claims that the layoffs contradict Microsoft's court statements
Stockholm-based Xensam, which offers AI-based tools for software asset management, raised $40M from Expedition Growth Capital
Ingrid Lunden / TechCrunch :
Mozilla CEO Mitchell Baker steps down to focus on AI and internet safety as the chair of the nonprofit; board member Laura Chambers will step in as interim CEO
Unlearn, which helps researchers run small clinical trials by creating digital twins of participants, raised a $50M Series C, taking its total funding to $130M+
Sources: Flexport lost at least $2M/month in 2023 on its air freight deal with Apple, started in late 2022 to ship products from some Asian factories to the US
A profile of OpenAI COO Brad Lightcap, tasked by Sam Altman with striking a deal with Axel Springer, which may offer a road map for additional media deals
Shopify: Revolutionizing Commerce with Winter Edition '26
Over 150+ new features transform how merchants build, design, and grow—with technology that amplifies creative vision.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
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.