Source: OpenAI authorized up to $10.3B in shares for sale, but only $6.6B was sold, which insiders see as a sign of staff confidence and strong investor demand
OpenAI's $500B valuation, Meta's privacy backlash and more Ankush Das / Analytics India Magazine : OpenAI Hits $500 Billion, Surpasses SpaceX as World's Most Valuable Startup MarketWatch : OpenAI join...
TSMC reports Q3 revenue down 14.6% YoY to ~$17.28B, net income down 24.9% YoY to ~$6.5B, and expects to spend $32B on growing and upgrading capacity in 2023
- Sales and capex projections both came in ahead of estimates — World's most advanced chipmaker is struggling with a downturn
Binance says 2M BNB, worth ~$570M, were stolen from its BNB Chain in an exploit; “majority” of BNB are in the hacker's wallet, ~$100M worth were “unrecovered”
Then It Got Complicated The Guardian : World's largest crypto exchange hacked with possible losses of $500m Ephrat Livni / New York Times : Binance Blockchain Hit by $570 Million Hack, Exposing Crypto...
WhatsApp says it now has 2B users worldwide, up from the 1.5B it announced two years ago
Connecting the World Privately Isobel Asher Hamilton / Business Insider : WhatsApp seized on US allegations against Huawei to defend encryption against the government's demands for backdoors Nikhil Pa...
The YouTube channel of Indian music production company T-Series becomes the first to cross 100M subscribers
Beating PewDiePie in the process — T-Series is the first YouTube channel to reach more than 100 million subscribers after months of racing to the top. Tweets: @tseries and @youtube Tweets: @tseries ...
Ripple co-founder Chris Larsen reportedly owns 5.19B XRP tokens and a 17% stake in the company, valued at ~$59.9B after 36,000% increase in XRP value
New York Times: TwoBitIdiot : I See You, $XRP. — I started blogging about bitcoin back in 2013. San Francisco Chronicle : Nintendo Switch's big sales; pay-what-you-like cafe closes; Ripple riches Va...
Top 13 YouTube stars earned $54.5M collectively according to Forbes “World's highest-paid YouTube Stars 2015”, with PewDiePie topping the list at $12M
The World's Highest-Paid YouTube Stars 2015 — Ask just about any stranger on the street who Felix Kjellberg is and you'll likely get a blank stare.
Xiaomi throws parties for fans every few weeks across China, making customers feel part of an exclusive club
Xiaomi: The Secret to the World's Most Valuable Startup — Xiaomi reaches out to customers through parties and social media — HANGZHOU, China—Zhao Ruiping assembles mechanical valves …