Sunday, April 27, 2025

Architect Partners: crypto firms have struck 88 M&A and SPAC deals worth $8.2B so far in 2025, nearly 3x the $2.75B transaction value across 188 deals in 2024 (Wall Street Journal)

Wall Street Journal:
Architect Partners: crypto firms have struck 88 M&A and SPAC deals worth $8.2B so far in 2025, nearly 3x the $2.75B transaction value across 188 deals in 2024  —  Companies seek to capitalize on lighter regulation, growing mainstream interest  —  President Trump's embrace of digital currencies …



Sources: Huawei has approached some clients to test the technical feasibility of the Ascend 910D, Huawei's newest AI chip that it hopes will beat Nvidia's H100 (Wall Street Journal)

Wall Street Journal:
Sources: Huawei has approached some clients to test the technical feasibility of the Ascend 910D, Huawei's newest AI chip that it hopes will beat Nvidia's H100  —  Superpower rivalry over semiconductors heats up despite Washington's attempts to block Beijing



A look at the rise of "pure play" bitcoin companies like Twenty One, as the stock market is paying far more for crypto exposure than the crypto market itself is (Matt Levine/Bloomberg)

Matt Levine / Bloomberg:
A look at the rise of “pure play” bitcoin companies like Twenty One, as the stock market is paying far more for crypto exposure than the crypto market itself is  —  Twenty One, Trumpcoin dinner, KKR empathy, carry on co-investments and quantitative analysis of hockey.  —  Project Mystery



India faces a shortage of agentic AI professionals, with executives estimating fewer than 100,000 available against a projected need of 200,000 by 2026 (Prachi Verma/The Economic Times)

Prachi Verma / The Economic Times:
India faces a shortage of agentic AI professionals, with executives estimating fewer than 100,000 available against a projected need of 200,000 by 2026  —  India is grappling with a critical shortage of agentic AI professionals as demand surges, driven by the shift towards sophisticated AI agents capable of autonomous decision-making.



Saturday, April 26, 2025

US v. Google: Chrome General Manager Parisa Tabriz testified that only Google can run Chrome, given the browser's "interdependencies" on other parts of Google (Leah Nylen/Bloomberg)

Leah Nylen / Bloomberg:
US v. Google: Chrome General Manager Parisa Tabriz testified that only Google can run Chrome, given the browser's “interdependencies” on other parts of Google  —  Google is the only company that can offer the level of features and functionality that its popular Chrome web browser has today …



Q&A with Perplexity CEO Aravind Srinivas on Motorola partnership, Perplexity's upcoming browser Comet, TikTok bid, ChatGPT's scale, Google's DOJ trial, and more (Alex Heath/The Verge)

Alex Heath / The Verge:
Q&A with Perplexity CEO Aravind Srinivas on Motorola partnership, Perplexity's upcoming browser Comet, TikTok bid, ChatGPT's scale, Google's DOJ trial, and more  —  Aravind Srinivas discusses his partnership with Motorola, fighting Google, and why AI assistants are coming for browsers.



A look at efforts by Apple and others to become carbon neutral by investing in eucalyptus farms in Brazil's Cerrado region, amid skepticism from some ecologists (Gregory Barber/MIT Technology Review)

Gregory Barber / MIT Technology Review:
A look at efforts by Apple and others to become carbon neutral by investing in eucalyptus farms in Brazil's Cerrado region, amid skepticism from some ecologists  —  We were losing the light, and still about 20 kilometers from the main road, when the car shuddered and died at the edge of a strange forest.



Friday, April 25, 2025

Sources: Tencent Music is in advanced talks to buy Chinese podcasting startup Ximalaya in a $2.4B deal (Bloomberg)

Bloomberg:
Sources: Tencent Music is in advanced talks to buy Chinese podcasting startup Ximalaya in a $2.4B deal  —  An agreement could be reached as soon as the coming weeks, the people said.  —  Talks are ongoing and no final decisions have been made, the people said.



Baidu CEO Robin Li says demand for text-based models like DeepSeek's is "shrinking" and claims its model had a higher propensity for "hallucinations" (Eleanor Olcott/Financial Times)

Eleanor Olcott / Financial Times:
Baidu CEO Robin Li says demand for text-based models like DeepSeek's is “shrinking” and claims its model had a higher propensity for “hallucinations”  —  Search group's chief makes rare criticism of China's generative artificial intelligence darling



Toshiba Europe researchers say they used quantum key distribution cryptography to send messages over a 250km German commercial telecommunications network (Michael Peel/Financial Times)

Michael Peel / Financial Times:
Toshiba Europe researchers say they used quantum key distribution cryptography to send messages over a 250km German commercial telecommunications network  —  Researchers harness quantum mechanics to create communications system that can avoid being hacked  —  Scientists have sent messages …



Monday, April 21, 2025

Brand aggregator Upexi says it is raising $100M to accumulate Solana, causing its shares to surge over 400%, part of a trend of companies investing in crypto (Ryan Weeks/Bloomberg)

Ryan Weeks / Bloomberg:
Brand aggregator Upexi says it is raising $100M to accumulate Solana, causing its shares to surge over 400%, part of a trend of companies investing in crypto  —  Upexi Inc. is raising $100 million as part of a pivot that will see the company start to accumulate the cryptocurrency Solana, according to a Monday statement.



Sources: Circle, BitGo, and other firms plan to apply for bank charters or licenses, as the Trump administration pushes to bring crypto into mainstream finance (Wall Street Journal)

Wall Street Journal:
Sources: Circle, BitGo, and other firms plan to apply for bank charters or licenses, as the Trump administration pushes to bring crypto into mainstream finance  —  Circle, BitGo and other crypto firms plan to apply for bank charters or licenses  —  Crypto is pushing deeper into the banking system.



TSMC says its role in the semiconductor supply chain limits its ability to comply with export rules, after reports its tech was used in Huawei's Ascend 910B (Jane Lanhee Lee/Bloomberg)

Jane Lanhee Lee / Bloomberg:
TSMC says its role in the semiconductor supply chain limits its ability to comply with export rules, after reports its tech was used in Huawei's Ascend 910B  —  “TSMC's role in the semiconductor supply chain inherently limits its visibility and information available to it regarding …



Sunday, April 20, 2025

After lobbying US Congress to shelve the Senate-passed KOSA bill in 2024, Meta has now made headway in lobbying for an app store age-verification bill (Ruth Reader/Politico)

Ruth Reader / Politico:
After lobbying US Congress to shelve the Senate-passed KOSA bill in 2024, Meta has now made headway in lobbying for an app store age-verification bill  —  The Facebook founder is lobbying Congress to leave his firm alone — and making headway.  —  To protect kids online …



A look at the race to turn brainwaves into fluent speech, as researchers at universities in California and companies use brain implants and AI to make advances (Financial Times)

Financial Times:
A look at the race to turn brainwaves into fluent speech, as researchers at universities in California and companies use brain implants and AI to make advances  —  Californian researchers and groups such as Precision Neuroscience use implants and AI to make advances in ‘voice prosthesis’



The success of A Minecraft Movie, set to hit $700M in ticket sales globally this weekend, signals Hollywood's breakthrough in adapting video games into films (Christopher Grimes/Financial Times)

Christopher Grimes / Financial Times:
The success of A Minecraft Movie, set to hit $700M in ticket sales globally this weekend, signals Hollywood's breakthrough in adapting video games into films  —  While superhero franchises flag, ‘A Minecraft Movie’ shows the industry has finally cracked the formula for translating popular games into films



India's Open Network for Digital Commerce has struggled to break the near-duopoly of Zomato and Swiggy in online food delivery after cutting back on discounts (Krishnapriya V.S./The India Forum)

Krishnapriya V.S. / The India Forum:
India's Open Network for Digital Commerce has struggled to break the near-duopoly of Zomato and Swiggy in online food delivery after cutting back on discounts  —  A near-duopoly of Zomato and Swiggy controls almost 95% of India's digital platform-based food delivery market …



Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...