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 …
New York Times : Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry ...
