Berber Jin / Wall Street Journal:
Investor letter: Reid Hoffman won't be a GP for Greylock's next $1B fund, down from its $1.5B funds in 2020 and 2021; Hoffman made one deal in its 16th fund — Co-founder of LinkedIn is one of Silicon Valley's most influential AI enthusiasts — Reid Hoffman, one of Silicon Valley's …
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Thursday, August 31, 2023
Investor letter: Reid Hoffman won't be a GP for Greylock's next $1B fund, down from its $1.5B funds in 2020 and 2021; Hoffman made one deal in its 16th fund (Berber Jin/Wall Street Journal)
Lessons from the rapid grocery delivery boom: $10B+ of VC money, used for ads and promos, created the market from nothing, app downloads have cratered, and more (Bryce Elder/Financial Times)
Bryce Elder / Financial Times:
Lessons from the rapid grocery delivery boom: $10B+ of VC money, used for ads and promos, created the market from nothing, app downloads have cratered, and more — The failure and folly behind a $10bn bribe to not go to the shops — The inflation adjusted price for delivering you a packet …
Elon Musk says X users will be able to make video and audio calls without a phone number, but offers no timeframe, as X "is the effective global address book" (Charlotte Hughes-Morgan/Bloomberg)
Charlotte Hughes-Morgan / Bloomberg:
Elon Musk says X users will be able to make video and audio calls without a phone number, but offers no timeframe, as X “is the effective global address book” — Users of X, the social network formerly known as Twitter, will be able to make video and audio calls through …
Free Fire game by Garena to Launch in India on September 5
Wednesday, August 30, 2023
Republican AGs from 16 states write to the SEC over concerns about Shein filing for a US IPO and urge the agency to order an investigation on using forced labor (Jordyn Holman/New York Times)
Jordyn Holman / New York Times:
Republican AGs from 16 states write to the SEC over concerns about Shein filing for a US IPO and urge the agency to order an investigation on using forced labor — A group of state attorneys general urged the S.E.C. to make the fast fashion company prove it doesn't use forced labor if it files to go public.
Samsung launches Food, a "personalized" AI-based food and recipe app in eight languages and 104 countries, drawing on a 160K+ recipes from Whisk, bought in 2019 (Steve Dent/Engadget)
Steve Dent / Engadget:
Samsung launches Food, a “personalized” AI-based food and recipe app in eight languages and 104 countries, drawing on a 160K+ recipes from Whisk, bought in 2019 — It builds on Whisk, an app it acquired a few years back. — As it promised last week, Samsung has launched Food …
How to install WhatsApp on Macs
A look at the wave of child safety legislation in the US to age gate minors' access to the internet, backed by Republicans and Democrats alike (Makena Kelly/The Verge)
Makena Kelly / The Verge:
A look at the wave of child safety legislation in the US to age gate minors' access to the internet, backed by Republicans and Democrats alike — By the end of this month, porn will get a lot harder to watch in Texas. Instead of clicking a button or entering a date of birth to access Pornhub …
Huawei quietly launches the ~$960 Mate 60 Pro, giving no advance notice and releasing no ads; some investors speculate that Huawei used its own 5G chip (Reuters)
Reuters:
Huawei quietly launches the ~$960 Mate 60 Pro, giving no advance notice and releasing no ads; some investors speculate that Huawei used its own 5G chip — Chinese chip stocks rallied on Wednesday following Huawei Technologies' (HWT.UL) launch of its new Mate 60 Pro phone …
Google is testing watermark to identify AI-generated images: Here’s how it works, what it means for users, and more
Tuesday, August 29, 2023
Apollo.io, which offers sales and marketing tools used by 500K+ firms, raised $100M led by Bain at a $1.6B valuation, up from ~$900M after raising $110M in 2022 (Katie Roof/Bloomberg)
Katie Roof / Bloomberg:
Apollo.io, which offers sales and marketing tools used by 500K+ firms, raised $100M led by Bain at a $1.6B valuation, up from ~$900M after raising $110M in 2022 — - $100 million investment led by Bain Capital Ventures — Apollo's clients include Stripe, DocuSign, Utah Jazz
Philips expands local manufacturing in line with ‘Make in India’ initiative
LTIMindtree partners with CAST AI to help businesses optimize cloud investments
Philips launches Hair Straightening Brush, Beard Trimmer Series 1000, and Avent Bottle Steriliser
A look at Disney's shifting India strategy, after the unit reported a $41.5M loss on $390M revenue in the year to March 2022, including free cricket on mobile (Reuters)
Reuters:
A look at Disney's shifting India strategy, after the unit reported a $41.5M loss on $390M revenue in the year to March 2022, including free cricket on mobile — Walt Disney (DIS.N) is attempting to revive the fortunes of its streaming business in India by offering free cricket on smartphones …
Swedish payments company Trustly acquires French recurring payments service SlimPay, sources say for €70M; Trustly shelved IPO plans in 2021 (Aisha S Gani/Bloomberg)
Aisha S Gani / Bloomberg:
Swedish payments company Trustly acquires French recurring payments service SlimPay, sources say for €70M; Trustly shelved IPO plans in 2021 — Swedish payments firm Trustly has acquired the French recurring payments platform SlimPay as it continues its Europe-wide expansion.
Samsung partners with LG and Vestel to enable seamless control of smart appliances across brands
Monday, August 28, 2023
UK's National Air Traffic Services is experiencing network-wide computer failure, as hundreds of flights in and out of the country have been delayed (Gwyn Topham/The Guardian)
Gwyn Topham / The Guardian:
UK's National Air Traffic Services is experiencing network-wide computer failure, as hundreds of flights in and out of the country have been delayed — Some regional routes operating but few planes took off from Heathrow and inbound flights have been held — Hundreds of flights …
Nothing Phone (1) receiving NothingOS 2.0 update: All the details
Chinese EV giant BYD's electronics unit strikes a deal with US-based Jabil to buy the key Apple supplier's manufacturing business in China for ~$2.2B (Bloomberg)
Bloomberg:
Chinese EV giant BYD's electronics unit strikes a deal with US-based Jabil to buy the key Apple supplier's manufacturing business in China for ~$2.2B — - US firm Jabil joins tech companies reducing exposure to China — The electronics arm of electric-vehicle maker BYD Co. agreed …
UPS launches its first technology center in India
Foxconn founder Terry Gou plans to run in Taiwan's 2024 presidential election as an independent candidate, after an unsuccessful bid in 2019 (Chun Han Wong/Wall Street Journal)
Chun Han Wong / Wall Street Journal:
Foxconn founder Terry Gou plans to run in Taiwan's 2024 presidential election as an independent candidate, after an unsuccessful bid in 2019 — Terry Gou's independent candidacy could split opposition vote and boost the ruling party, which seeks closer U.S. ties amid Chinese pressure
US Judge dismisses lawsuit accusing Google’s spam filters of biasses
A look at the US Air Force's efforts to build an AI-based air combat system, including drones for as little as $3M apiece that serve pilots as a "loyal wingman" (Eric Lipton/New York Times)
Eric Lipton / New York Times:
A look at the US Air Force's efforts to build an AI-based air combat system, including drones for as little as $3M apiece that serve pilots as a “loyal wingman” — An Air Force program shows how the Pentagon is starting to embrace the potential of a rapidly emerging technology …
Sunday, August 27, 2023
Laptop import restrictions: US has a 'problem' with licence mandate
Didi says it has agreed to sell its smart car development arm to Xpeng, one of China's largest EV makers, for ~$744M (Bloomberg)
Bloomberg:
Didi says it has agreed to sell its smart car development arm to Xpeng, one of China's largest EV makers, for ~$744M — Didi Global Inc. has agreed to sell its smart car development arm to Xpeng Inc. for HK$5.84 billion ($744 million), exiting a promising business in the world's largest electric vehicle market.
How LLMs are transforming computational humor, an AI subfield that uses computers to create jokes, as some artists begin using AI chatbots for improv comedy (Gillian Tett/Financial Times)
Gillian Tett / Financial Times:
How LLMs are transforming computational humor, an AI subfield that uses computers to create jokes, as some artists begin using AI chatbots for improv comedy — Machines are getting better at making us laugh — and challenging our notions of humanity in the process
A look at the ethical and legal issues around generative AI, as it makes practical at a massive scale things that were previously only possible on a small scale (Benedict Evans)
Benedict Evans:
A look at the ethical and legal issues around generative AI, as it makes practical at a massive scale things that were previously only possible on a small scale — We've been talking about intellectual property in one way or another for at least the last five hundred years …
Sources: Apple's new iPad Pro, due in 2024, will get its first major overhaul since 2018, including an M3 chip, OLED displays, and a revamped Magic Keyboard (Mark Gurman/Bloomberg)
Mark Gurman / Bloomberg:
Sources: Apple's new iPad Pro, due in 2024, will get its first major overhaul since 2018, including an M3 chip, OLED displays, and a revamped Magic Keyboard — Apple is working on a revamped iPad Pro for next year, aiming to shake up a tablet market that's deep in the doldrums.
A look at Smart Answers, an AI chatbot trained only on Macworld, PCWorld, Tech Advisor, and TechHive content, and offered to the outlets' readers on August 1 (Mia Sato/The Verge)
Mia Sato / The Verge:
A look at Smart Answers, an AI chatbot trained only on Macworld, PCWorld, Tech Advisor, and TechHive content, and offered to the outlets' readers on August 1 — By and large, the goal has been: can we make more pages for ads without paying more writers? — Now, a group of tech outlets …
Saturday, August 26, 2023
A look at the UK's new DARPA-inspired Advanced Research and Invention Agency (ARIA), which has a four-year £800M budget to invest in breakthrough tech like AI (Clive Cookson/Financial Times)
Clive Cookson / Financial Times:
A look at the UK's new DARPA-inspired Advanced Research and Invention Agency (ARIA), which has a four-year £800M budget to invest in breakthrough tech like AI — Head of Advanced Research and Invention Agency tells FT it has appointed directors charged with selecting projects
New technology developed to transport of radio frequency (RF) through optical methods
Income tax department website revamped, here's all that's new
Government warns of action against carrying advertisements on online betting platform
Edtech company Cuemath cuts jobs, read what CEO's mail to employees said
WordPress.com debuts a 100-year domain name registration for $38K, offering managed hosting and 24/7 customer service; domains are typically capped at 10 years (Roger Montti/Search Engine Journal)
Roger Montti / Search Engine Journal:
WordPress.com debuts a 100-year domain name registration for $38K, offering managed hosting and 24/7 customer service; domains are typically capped at 10 years — WordPress announces the availability of 100-year domain name registrations that include 24/7 assistance and managed web hosting
A look at Smallville, a virtual village populated by AI chatbots, built by Stanford and Google researchers to create a society with "believable human behavior" (Oliver Roeder/Financial Times)
Oliver Roeder / Financial Times:
A look at Smallville, a virtual village populated by AI chatbots, built by Stanford and Google researchers to create a society with “believable human behavior” — Giving digital agents ‘memory streams’ produced surprising results — John Lin is a small-town pharmacist who takes great pride in his work.
Despite cheating and misinformation fears, some US schools that once raced to block AI chatbot access are now encouraging teachers and students to use them (Natasha Singer/New York Times)
Natasha Singer / New York Times:
Despite cheating and misinformation fears, some US schools that once raced to block AI chatbot access are now encouraging teachers and students to use them — Some districts that once raced to block A.I. chatbots are now trying to embrace them. — For decades, Walla Walla High School …
Friday, August 25, 2023
VMware unveils enhanced VMware Cloud suite with advanced features for modernization and security
CoinGecko: Worldcoin's WLD fell 9.1% in the past 24 hours to ~$1.33, down 43.6% since its launch a month ago, after scrutiny over data collection and privacy (Timmy Shen/The Block)
Timmy Shen / The Block:
CoinGecko: Worldcoin's WLD fell 9.1% in the past 24 hours to ~$1.33, down 43.6% since its launch a month ago, after scrutiny over data collection and privacy — - The controversial crypto project co-created by Sam Altman saw its WLD token drop 9.1% over the past 24 hours and 43.6% over the past 30 days.
Amazon sues pirate sites for selling DVDs of the most expensive TV show ever
Source: Tencent Music, Cloud Music, and more scrap their virtual lucky draws and other features at a hefty cost, as China cracks down on online gambling (Josh Ye/Reuters)
Josh Ye / Reuters:
Source: Tencent Music, Cloud Music, and more scrap their virtual lucky draws and other features at a hefty cost, as China cracks down on online gambling — Chinese online content platforms including Tencent Music (1698.HK) and NetEase's Cloud Music (9899.HK) have removed live streaming features …
Some crypto executives worry Trump's memecoin undercut the industry's credibility at the very moment crypto is seeking a prominent place in mainstream finance (New York Times)
New York Times : Some crypto executives worry Trump's memecoin undercut the industry's credibility at the very moment crypto is s...
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Jake Offenhartz / Gothamist : Since October, the NYPD has deployed a quadruped robot called Spot to a handful of crime scenes and hostage...
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Lorena O'Neil / Rolling Stone : A look at the years of warnings about AI from researchers, including several women of color, who say ...