Apple says JPMorgan will issue Apple Card, replacing Goldman, with an expected two-year transition; sources: Goldman is offloading ~$20B in outstanding balances
Goldman Sachs is offloading the credit-card balances at a more than $1 billion discount — JPMorgan Chase has reached a deal …
As the UK announces its National Semiconductor Strategy advisory panel, tech minister Paul Scully says the country plans to focus on chip design over subsidies
story today by @CristinaCriddle @ft https://t.co/... Luke / @l_account0 : UK's tech minister admits that “we are not going to recreate Taiwan in south Wales”. Well yes - this shoul...
PitchBook: US AR/VR/XR startups raised $208M in June, nearly as much as in the previous three months combined, with Vision Pro creating “an inflection point”
Patrick McGee / Financial Times :
Profiles of eight former Google research scientists who co-authored the pioneering AI paper “Attention Is All You Need” that paved the way for the rise of LLMs
Profiles of eight former Google research scientists who co-authored the pioneering AI paper “Attention Is All You Need” that paved the way for the rise of LLMs
Their paper paved the way for the rise of large language models. But all have since left the Silicon Valley giant Twitter: @jmateosgarcia , @gavinsbaker , @jmateosgarcia , @madhum...
Sony CEO Kenichiro Yoshida says cloud gaming has many technical difficulties, like latency, and the company could use its AI, GT Sophy, to enhance cloud gaming
Sony CEO Kenichiro Yoshida says cloud gaming has many technical difficulties and the company could utilize its AI agent GT Sophy to enhance cloud gaming
Promise of technology remains unfulfilled after more than a decade of development — Sony's chief executive has warned that cloud gaming …
As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality
an unsecured illiquid claim on a failed bank. Absent @jpmorgan @citi or... https://twitter.com/... Bob Elliott / @bobeunlimited : Fed/FDIC decisions on SVB determine whether they r...
Apple will handle Apple Pay Later's lending, a first for the company; in-house subsidiary Apple Financing LLC will oversee credit checks and make loan decisions
Apple Inc. will handle the lending itself for a new “buy now, pay later” offering, sidestepping partners as the tech giant pushes deeper …
Deliveroo is facing a revolt from investors and riders concerned about the way it treats the latter; hundreds of couriers plan a strike next week
- Fund managers Aberdeen and Aviva say they won't buy shares — IWGB says hundreds of riders expected to participate in strike
Child safety experts from 102 countries urge Facebook to halt plans for encrypted messaging across its apps until it addresses child exploitation concerns
Hannah Murphy / Financial Times :