Samsung Electronics says Vice Chairman Lee Jae-yong met with Intel CEO Patrick Gelsinger to discuss collaborating on semiconductors — SEOUL — Samsung Electronics said on Tuesday that Vice Chairman Lee Jae-yong has met with Intel CEO Patrick Gelsinger to discuss how to work together …
BT partners with Ericsson to offer private 5G networks to companies in the UK, the first service of its kind — Telecoms groups have invested heavily in new technology and say it can help industry become more efficient — BT has joined forces with Swedish telecoms equipment manufacturer Ericsson …
Kuo: Sony will begin mass producing its PSVR 2 headset in H2 2022 ahead of a possible launch in Q1 2023, depending on the state of flagship game titles — A prominent supply chain analyst claims PSVR 2 mass production will begin in H2 2022. — Ming-Chi Kuo is a TF International Securities …
Research: the value of VC deals in China fell 44% YoY to $24.7B in the first four months of 2022, which is nearly four times the pace of the global slide — China, once the primary rival to Silicon Valley's technology success, is now leading the global decline in venture capital investments.
Indonesia's GoTo Group reports Q1 gross revenue rose 53% YoY to $357M and a loss of $370M, after raising $1.1B in its IPO — GoTo Group posted about 53% gross revenue growth in its first quarterly report as a public company, accelerating from the 2021 pace and highlighting the rapid expansion of Indonesia's tech and online industries.
Top500: the US' AMD-powered Frontier supercomputer becomes the fastest in the world, topping 1.102 exaflops/second, overtaking Japan's Fugaku by a wide margin — AMD-powered systems now comprise five of the top ten fastest supercomputers — The AMD-powered Frontier supercomputer …
Experts say that governments should create bespoke IP law and an international treaty to protect AI-generated inventions, rather than rework old patent laws — The patent system assumes that inventors are human. Inventions devised by machines require their own intellectual property law and an international treaty.
Latest AICO Act revisions are carveouts for telcos and financial companies and do not fix real problems with the bill, like a disguised content moderation ban — Look: there are very real issues with the state of the internet today, including the amount of power a few companies have.
As Terra blockchain reboots, freshly minted new LUNA tokens started trading on a number of exchanges and swiftly plummeted about 70% from the opening price — After peaking at $19.54 earlier on Saturday, it's been mostly downhill. — Terraform Labs early Saturday launched a new version …
Nansen: TerraUSD collapse wasn't a work of a single attacker but likely a result of investment decisions from a small number of large UST holders — The collapse of the TerraUSD (UST) stablecoin that sent shockwaves throughout the crypto ecosystem can't be attributed to a single attacker, according to researcher Nansen.
Sources: Apple plans an always-on lock screen for iPhone 14 Pro, major windowing and multitasking changes for iPadOS, and iOS-like System Preferences for macOS — Apple's upcoming iOS 16 is likely to upgrade the lock screen, messaging and health features. Also: Another Apple car manager leaves …
Chinese government data shows domestic smartphone shipments fell 30% YoY to ~86M units in the first four months of 2022 amid the resurgence of COVID-19 in China — From Apple to chip makers, companies warn of fewer shipments and weaker consumer spending in the world's biggest smartphone market
Some teens say French social networking app Yubo, which had 18M downloads in the US, ignored reports that the Uvalde shooter threatened violence on the app — Young people who met the alleged gunman online said he had threatened to kidnap, rape or kill. But they said their reports …
Profile of inDriver, a ride-hailing app developed in Siberia in 2012, which lets riders and drivers haggle over prices and is now available in 42 countries — InDriver's unique haggling feature has seen it expand from its roots in Yakutia to markets around the world. — • YAKUTSK, RUSSIA
A growing number of Chinese tech startups are going public in China at valuations lower than their private rounds; China's STAR Market has fallen ~30% this year — A growing number of Chinese tech start-ups, once the darlings of equity markets, are willing to list shares publicly in China …
Filing: Twitter rejects Elon Musk ally Egon Durban's resignation from the board, two days after shareholders blocked his re-election at an annual meeting — Twitter Inc (TWTR.N) said in a filing on Friday it would not accept Egon Durban's resignation from the board, after shareholders blocked …
Facial recognition service PimEyes draws scrutiny for charging high fees to help remove users' photos from sites and allowing searches for other people's faces — PimEyes is a paid service that finds photos of a person from across the internet, including some the person may not want exposed.
People from countries like Argentina, Venezuela, and Nigeria invested in Terra as they saw it as more stable than local currency, but lost thousands in savings — “I have nothing left, not even a penny.” — Valeria makes around $300 a month selling prepared food from her home in Buenos Aires.
Jadu, which is developing an AR game built around virtual objects owned by players in a metaverse, raises $36M led by Bain Capital Crypto — Jadu Mirrorverse — an AR game built around virtual objects owned by the players — just raised $36M to help create the Web3 “definitive AR & gaming platform …
At its annual meeting, Amazon shareholders approve Andy Jassy's $212M pay package and vote down 15 proposals on unionization, the environment, and more — At its annual meeting for shareholders, Amazon's investors approved a more than $212 million payout for CEO Andy Jassy and voted …
Snowflake stock drops 15%+ on weak Q2 growth guidance after reporting Q1 product revenue rose 84% YoY to $394M and a net loss of $166M, down from $203M YoY — Snowflake Inc., a software company that helps businesses organize data in the cloud, dropped in extended trading after giving …
Speaking at Davos, OECD Secretary-General Mathias Cormann says the global digital tax will not arrive in 2023 as planned due to slow negotiations — The Organisation for Economic Cooperation and Development (OECD) on Tuesday acknowledged for the first time that a global digital tax deal may take a year longer to implement.
Andreessen Horowitz announces a $4.5B crypto fund, including $1.5B for seed investments, its fourth and largest such fund — Silicon Valley venture capital firm launches its largest fund to date focused on digital assets despite market downturn — Andreessen Horowitz has launched …
An in-depth look at Meta's ongoing battle to keep Facebook and Instagram relevant as TikTok's growth explodes, including encouraging creators to use Reels — Last year an Instagram representative contacted Justina Sharp, a 24-year-old with 93,000 followers, and asked for a meeting to discuss ways she could expand her audience.
After actor and producer Seth Green lost his BAYC NFTs to a phishing scam, his show based on those NFTs is in doubt; OpenSea says it has frozen the NFTs — Actor and producer Seth Green was robbed of several NFTs this month after succumbing to a phishing scam that inadvertently threw …
UK payments startup Paddle acquires ProfitWell, which makes financial analytics tools, for $200M in cash and equity; Paddle raised $200M earlier in May — UK startup Paddle is making its first acquisition, spending more than $200 million in a mix of cash and equity to buy ProfitWell to grow its payments service.
Bloomberg : Google says it plans to counter Japan's FTC over claims that it hobbles rivals in search; a source says Japan's FTC s...
