The US awards Intel up to $7.865B under the CHIPS Act to help build or expand chip plants in Arizona, New Mexico, Ohio, and Oregon, including $1B+ later in 2024
Government grant is less than originally expected because the chip giant is also receiving separate funding for defense
Huawei unveils the $760+ Mate 70 series, powered by its HarmonyOS Next, calling the flagship the “smartest” Mate phone, as it continues to face US chip curbs
Last year, a chip breakthrough put Huawei on top of the Chinese smartphone market. Now it is rolling out its newest phone, the Mate 70 series.
Drake initiates legal action against UMG and Spotify for allegedly using bots, payola, and more to pump Kendrick Lamar's Not Like Us, a track that attacks Drake
In a legal petition, the star's company accuses UMG of serious wrongdoing — a stunning twist months after his high-profile feud with Kendrick.
A ransomware attack on major supply chain software provider Blue Yonder is disrupting operations at Starbucks, the UK's Sainsbury's and Morrisons, and others
Attack strikes operations managed through Blue Yonder, one of the largest supply chain technology providers
Bluesky says it is working to comply with EU rules and is consulting with its lawyers, after the bloc accused the social network of flouting its regulations
Bluesky said it's working to comply with European Union rules after the bloc accused the fast-growing social media platform of flouting its digital regulations.
Meta says Threads had 35M new signups since November 1 and is now going on three months of 1M+ million signups per day; Threads had 275M+ MAUs in Q3 2024
- Bluesky said last week it now has more than 20 million users. … - According to the new data, another 20 million new signups have been added in the past 11 days.
Threads begins testing an option to set For You, Following, or a custom feed as the default, another improvement seemingly sparked by competition from Bluesky
For You, following, or a custom one — as your default. Also making this more visible in the app. Interested to see how and if people use this. Jason Kottke / @jkottke : FINALLY. Threads will finall...
A look at Bluesky's moderation efforts as its growth surges; Bluesky plans to quadruple the size of its contract workforce of content moderators from 25 to 100
www.platformer.news/bluesky- grow... Alex Stamos / @stamos.org : 1) Many underestimate the investment the PRC has put into influencing the US social media sphere. — 2) The destruction of Trust and S...
Sources: Xiaomi prepares a self-designed chip for its smartphones, to reduce its reliance on Qualcomm and MediaTek, with mass production set to begin in 2025
- Chinese firm is said to use in-house chips on 2025 phones — Xiaomi's smartphone, EV businesses needs steady chip supply
Google proposes Search tweaks in the EU to comply with the DMA, including removing the map showing hotel locations and results in Germany, Belgium, and Estonia
Google has proposed more changes to its search results in Europe after some smaller rivals complained about lower traffic …
Brazil's antitrust regulator says Apple must allow app developers to link to external payment methods and to offer non-Apple in-app payment processing options
Brazilian antitrust regulator Cade said on Monday that Apple must lift restrictions on payment methods for in-app purchases …
Sources: Qualcomm's interest in an Intel acquisition has cooled; CEO Cristiano Amon says “right now, at this time, we have not identified any large acquisition”
- A deal would likely have been one of the largest ever in tech — Qualcomm “hasn't identified large acquisition,” CEO said
Elon Musk appears to confirm that X deprioritizes posts with links in their main text, to stop “lazy linking”, and tells users to “put the link in the reply”
Anyway, here's the biggest loser of all, admitting to throttling links and blaming the user for wanting to link: — https://www.mediaite.com/... Bluesky: @davidjoffe64.bsky.social : More reasons to a...
Tron founder Justin Sun invests $30M in Donald Trump's World Liberty Financial, making him the largest investor in the DeFi project; the US SEC sued Sun in 2023
Teresa Xie / Bloomberg :
Sources: Apple talked to local tech firms to power Apple Intelligence in China; a CAC official says approval without a partner is a “difficult and long process”
Official at top regulator says path to approval will be easier if US tech group finds local partners
An interview with Margrethe Vestager, the EU's tech antitrust enforcer since 2014, on her “partly successful” tenure, US collaboration, Trump, the DSA, and more
Margrethe Vestager, the European Union's antitrust regulator, who put technology's harms on the global agenda …
Nvidia unveils Fugatto, an AI model for generating music and audio that can also modify voices, trained on open-source data, and weighs whether to release it
an impressive new AI sound model from Nvidia Mandy Dalugdug / Music Business Worldwide : Nvidia unveils AI audio generator ‘Fugatto’ that can produce ‘sounds never heard before’ Supreeth Koundinya / A...
Cradle, which uses AI to help design proteins and says its SaaS model is popular, raised a $73M Series B led by IVP, after a $24M Series A in November 2023
Using AI to accelerate biotech is fast becoming standard practice, and companies offering services to deploy the tech quickly are seeing big uptake and new investment.
Zoom reports Q3 revenue up 4% YoY to $1.18B, vs. $1.16B est., net income up 47% YoY to $207.1M, and drops “Video” from its name, now Zoom Communications Inc.
Jordan Novet / CNBC :
Interpol arrested 1,006 suspects in 19 African countries from September 2 to October 31 to clamp down on cybercrime that left 35K victims with $193M in losses
Mark Banchereau / Associated Press :
Instagram adds the ability for users to share their locations with friends via DMs for up to one hour, in select countries
Aisha Malik / TechCrunch :
The US DOJ and Google made their closing arguments in the ad-market antitrust case before Judge Leonie Brinkema, who expressed some skepticism toward both sides
Tech Giant Says 31% and Falling Lauren Feiner / The Verge : Google and the DOJ make their final arguments in the ad tech monopoly case Marty Swant / Digiday : DOJ and Google make closing arguments in ...
N-able, which sells software for managed service providers and spun off from SolarWinds in 2021, acquires DC-based cybersecurity company Adlumin in a $266M deal
We've acquired @adlumin! Read more about how we're all in on strengthening security for businesses worldwide: https://www.n-able.com/... [image] @adlumin : Today's a big day at Adlumin—we've been acqu...
Anthropic debuts the Model Context Protocol, an open-source standard for connecting AI assistants to data sources, to help AI models give more relevant answers
at Anthropic and worked on over the last months. We released — the Model Context Protocol as an Open Source project today. — https://www.anthropic.com/... Simply put, it's an open source protoco...
Telegram's H1 2024 unaudited financial docs: revenue up 190% YoY to $525M, a $335M post-tax profit, and $1.3B in digital assets, vs. nearly $400M at 2023's end
Can It Ride a Crypto Bull to a $30B IPO by 2026? Florence Muchai / Cryptopolitan : Toncoin boosts Telegram's crypto holdings to $1.3B in H1 2024 Hassan Shittu / Cryptonews : Telegram's Crypto Holdings...
OpenAI, Meta, and Orange plan to train AI models on African languages, starting with Wolof and Pulaar, addressing a shortage for Africa's thousands of dialects
Bloomberg :
/dev/agents, which plans to build a cloud-based OS for AI agents that can work across phones, laptops, and cars, raised $56M, a source says at a $500M valuation
Former Google, Stripe Executives Raise $56 Million for AI Agent Startup www.bloomberg.com/news/article... X: Shirin Ghaffary / @shiringhaffary : NEW: A group of leaders who helped build the Android pl...
A Japanese government source says Japan's FTC raided Amazon Japan on November 26 over allegations of inappropriately urging sellers to lower prices on Amazon
Uber launches a data labeling service called Scaled Solutions, accepting gig worker signups from India, the US, Canada, Poland, and Nicaragua
- Rideshare giant wants to help other businesses train AI models — Company accepting signups from India, US, Canada and Poland
Q&A with GoDaddy CEO Aman Bhutani on running the company since 2019, competing with Squarespace, Wix, and more, AI, social media, the Airo service, and more
Nilay Patel / The Verge :
A US judge sets an April 14 trial date for an FTC lawsuit from 2020 that alleges Meta acted illegally by acquiring Instagram and WhatsApp to crush competition
Jody Godoy / Reuters :
The EU says Corning offered commitments in a bid to settle an antitrust probe over alleged exclusive Gorilla Glass deals, including waiving exclusive clauses
Peter Chapman / Bloomberg :
Shopify: Revolutionizing Commerce with Winter Edition '26
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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.