India approves setting up three chipmaking units worth $15.2B from companies including India's Tata Group and Japan's Renesas — India on Thursday approved setting up three chipmaking units worth 1.26 trillion rupees ($15.2 billion) from firms including India's Tata Group and Japan's Renesas …
Filing: Uber CEO Dara Khosrowshahi receives options to buy stock worth ~$136M after hitting a performance target to reach a $120B valuation for the company — Dara Khosrowshahi became entitled to award after meeting targets set before ride-hailing group's IPO
Baidu reports Q4 revenue up 6% YoY to ~$4.9B and net income down 48% YoY to ~$366M, as chatbot Ernie, which has 100M+ users, began to augment its ads business — Baidu Inc.'s revenue rose 6% after its ChatGPT-style service began to augment advertising sales, helping the Chinese AI leader weather a severe economic downturn.
A look at the underground floppy disk music scene; Discogs data shows 500+ floppy music releases in the 2020s, more than in the 1980s, 1990s, and 2000s combined — The first computery thing I do in the year 2024 is nudge a 3.5-inch floppy disk into a USB floppy drive that I bought …
Qualcomm unveils AI Hub, a new library of 75+ pre-optimized AI models, X80 5G modem, and FastConnect 7900, a chip that integrates Wi-Fi 7, Bluetooth, and UWB — Qualcomm unveiled a suite of AI, 5G, and Wi-Fi devices at Mobile World Congress (MWC) in Barcelona.
Samsung unveils Galaxy Ring at MWC 2024; the device is centered around health and wellness, comes in three colors, and will be available later this year — After teasing it (again) yesterday, Samsung has finally shown off the Galaxy Ring in physical form at Mobile World Conference (MWC 2024) and revealed some additional details.
Xiaomi launches Xiaomi 14 Ultra with a 6.73" LTPO 120Hz display, Snapdragon 8 Gen 3, and 50MP camera with a 1-inch-type Sony LYT-900 sensor, starting at €1,499 — Xiaomi is using MWC to launch two of its flagships for a global audience — though not including the US, as usual.
Honor announces global availability of Magic 6 Pro with a 6.8" 120Hz OLED display, Snapdragon 8 Gen 3, and 5,600mAh battery, set to retail for €1,299 in Europe — A month and a half after debuting the Magic 6 Pro in China, Honor is announcing global availability of its latest flagship at Mobile World Congress in Barcelona, Spain.
Sources: Apple has considered a fitness ring, smart glasses, and adding cameras and more advanced AI to AirPods, but is not actively developing these devices — Apple has explored the idea of developing new wearable devices — including a fitness ring, smart glasses and even AirPods with cameras …
Omdia estimates that the bill of materials for Apple Vision Pro is $1,542, with both of the 1.25-inch Micro OLED displays from Sony costing about $228 each — - Apple's Vision Pro headset starts at $3,499. — The Vision Pro includes lots of pricey state-of-the-art parts.
Many redditors say they are not enthused about Reddit's IPO and expect CEO Steve Huffman to run the site into the ground while trying to make it profitable — There's the mention of r/WallStreetBets. (Five mentions in total, actually.) There's the stockpile it's amassed of Bitcoin and Ethereum.
In Reddit's S-1, Steve Huffman offers a look at the site's beginnings without naming cofounder Alexis Ohanian, reflecting their schism during the BLM protests — Only one of Reddit's two cofounders is named in a new filing that puts the company weeks away from going public.
FTX agrees to sell FTX Europe back to its founders for $32.7M, drops a lawsuit seeking back $323M it had spent to acquire the startup originally called DA AG — Bankrupt crypto exchange FTX has settled a lawsuit that sought to claw back $323 million that it had spent acquiring a European startup …
How some news accounts on Instagram, including Mo News and Jessica Yellin, are gaining popularity even as the platform tries de-emphasizing political content — In this year's presidential election, more people are turning to Instagram for news, even as the platform tries de-emphasizing “political content.”
Mark Zuckerberg is seeking to avoid being held personally liable in two dozen lawsuits accusing Meta of addicting children to its products in a hearing today — - Meta CEO has been personally sued in two dozen cases across US — He argues he can't be held liable just because he's the boss
How Japan took a head start in the chips race thanks to factors not easily repeated elsewhere, including efficient government support and a low-cost workforce — - TSMC site called a ‘Nightless Castle’ with its 24-hour workday — Sony played critical role in helping TSMC plant construction
Framework releases a $499 version of its modular Laptop 13, with a “barebones configuration” built using leftover parts, and starts selling refurbished DDR4 RAM — Framework is now selling a $499 version of its modular 2021 Laptop 13, a “barebones configuration” …
Google says the company will “pause the image generation of people” via Gemini “and will re-release an improved version soon” while working to fix its “issues” — “We're already working to address recent issues with Gemini's image generation feature,” Google said in a post on X on Thursday.
Apple says the iPhone 15 lineup can retain 80% of its original battery capacity after 1,000 charge cycles, up from its original estimate of 500 charge cycles — In addition to changes to the Battery Health settings in iOS 17.4, Apple has more iPhone battery news to share today.
Filing: Samsung sold 1.58M ASML shares, or 0.4% of ASML, worth ~$930M in September 2023, reducing its stake to zero, as Samsung looks to new areas of chipmaking — The world's largest memory maker sold about 1.58 million shares, or 0.4%, of ASML, according to its most recent quarterly financial report filed to regulators.
A profile of ElevenLabs, whose AI voice cloning tech is being used to spoof politicians; five of ElevenLabs' 40 employees are dedicated to trust and safety — ElevenLabs' technology is already being used to spoof political candidates and promote scammy products.
Steam Annual Summary for 2023: more than 500 games earned $3M+ in gross revenue for the first time ever, concurrent users reached a record 33M, and more — More than 500 games earned over $3 million in gross revenue on Steam in 2023 for the first time ever.
Recogni, which designs AI chips for autonomous vehicles, raised a $102M Series C led by Celesta Capital and GreatPoint, taking its total funding to $175M — - Startup making accelerator chip for developing AI models — Previously focused on building tools for autonomous vehicles
Tech investors and founders are flocking back to San Francisco, currently undergoing an AI boom, after leaving during the pandemic for Miami and other US cities — In 2020, venture capitalist Keith Rabois urged startup founders to join him in ditching San Francisco for Miami …
FBI Director Christopher Wray says China is inserting “offensive weapons” into critical US infrastructure, with malware pre-positioning reaching a “fever pitch” — Christopher Wray says Beijing's hacking operations had reached a ‘fever pitch’
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...
