Friday, January 13, 2023
Ericsson's provision for US probe hints of smaller fine, shares jump
Singapore- and NY-based Holmusk, which offers real-world clinical data and analytics for the behavioral health industry, raised a $45M Series B led by Veradigm (Rachel Chitra/DealStreetAsia)
Singapore- and NY-based Holmusk, which offers real-world clinical data and analytics for the behavioral health industry, raised a $45M Series B led by Veradigm — Editor's note: This story was updated on Jan 12 to incorporate details from Holmusk's regulatory filings in Singapore.
How to send reactions on WhatsApp
Twitter users say Tweetbot, Twitterrific, and other third-party apps are broken, possibly due to Twitter's API being down; Twitter has offered no explanation (Ben Schoon/9to5Google)
Twitter users say Tweetbot, Twitterrific, and other third-party apps are broken, possibly due to Twitter's API being down; Twitter has offered no explanation — The past several weeks since Elon Musk's takeover have seen Twitter in turmoil as rapid changes hit the platform …
Some users of AI companion chatbot Replika, which offers a $70 romantic Pro version, say the free "friend" version is getting more sexually aggressive (Samantha Cole/VICE)
Some users of AI companion chatbot Replika, which offers a $70 romantic Pro version, say the free “friend” version is getting more sexually aggressive — For some longtime users of the chatbot, the app has gone from helpful companion to unbearably sexually aggressive. — Samantha Cole
Thursday, January 12, 2023
Sam Bankman-Fried publishes a Substack post offering his account of how FTX collapsed, sticking to his claims of innocence, even as ex-executives plead guilty (Lucinda Shen/Axios)
Sam Bankman-Fried publishes a Substack post offering his account of how FTX collapsed, sticking to his claims of innocence, even as ex-executives plead guilty — Disgraced FTX founder Sam Bankman-Fried on Thursday published his account of how the crypto company collapsed.
Sources: crypto broker Genesis owes creditors more than $3B, leading DCG to explore selling venture assets, estimated to be worth ~$500M, to raise cash (Nikou Asgari/Financial Times)
Sources: crypto broker Genesis owes creditors more than $3B, leading DCG to explore selling venture assets, estimated to be worth ~$500M, to raise cash — Barry Silbert's conglomerate weighs offloading venture assets to help wholly owned digital asset lender
Sources: Coinbase's internal "sentiment" tracker for media coverage showed Sam Bankman-Fried's FTX was consistently viewed more favorably until its collapse (Reed Albergotti/Semafor)
Sources: Coinbase's internal “sentiment” tracker for media coverage showed Sam Bankman-Fried's FTX was consistently viewed more favorably until its collapse — Crypto exchange Coinbase has for years tracked how the company is portrayed in the press and online, and that “sentiment” …
Yuga Labs announces a skill-based game, Dookey Dash, accessed via a free mint for BAYC holders called Sewer Passes, running between January 18 and February 15 (Rosie Perper/CoinDesk)
Yuga Labs announces a skill-based game, Dookey Dash, accessed via a free mint for BAYC holders called Sewer Passes, running between January 18 and February 15 — The gamified expansion of its Bored Ape Yacht Club ecosystem involves minting a free Sewer Pass to play a game called Dookey Dash.
South Korean social media giant's Kakao Entertainment, which offers apps for animated shows and novels, raised $930M from Saudi Arabia's PIF and Singapore's GIC (Bloomberg)
South Korean social media giant's Kakao Entertainment, which offers apps for animated shows and novels, raised $930M from Saudi Arabia's PIF and Singapore's GIC — Kakao Entertainment Corp. has won $930 million from the sovereign wealth funds of Saudi Arabia and Singapore …
TSMC reports Q4 revenue up 26.7% YoY to $19.93B and net income up 78% YoY to $9.72B, beating estimates of ~$9.5B, even as the chip industry downturn continues (Reuters)
TSMC reports Q4 revenue up 26.7% YoY to $19.93B and net income up 78% YoY to $9.72B, beating estimates of ~$9.5B, even as the chip industry downturn continues — Taiwanese chipmaker TSMC (2330.TW) reported a forecast-beating 78% rise in quarterly profit on Thursday, as strong sales …
Wednesday, January 11, 2023
The deep problem with SPACs is the sponsors' and warrant holders' cuts, paid by the target company or the SPAC shareholders, leading to a bad deal for both (Matt Levine/Bloomberg)
The deep problem with SPACs is the sponsors' and warrant holders' cuts, paid by the target company or the SPAC shareholders, leading to a bad deal for both — SPAC SPAC SPAC — Simplifying a bit, the way a special purpose acquisition company works is that the sponsor of the SPAC raises …
Cologne-based DeepL, which offers instant translation-as-a-service to businesses and individuals, raised $100M-$125M led by IVP at a €1B valuation (Ingrid Lunden/TechCrunch)
Cologne-based DeepL, which offers instant translation-as-a-service to businesses and individuals, raised $100M-$125M led by IVP at a €1B valuation — Artificial intelligence startups, and (thanks to GPT and Open AI) specifically those helping humans communicate with each other …
After Chinese researchers claimed to break RSA encryption using quantum computers, experts are skeptical and caution that any commercial benefits are years away (Richard Waters/Financial Times)
After Chinese researchers claimed to break RSA encryption using quantum computers, experts are skeptical and caution that any commercial benefits are years away — China claims to have made a major breakthrough but western experts say any commercial benefits are still years away
UK-based Hack the Box, which wants to encourage white hat hackers via gamified training, raised a $55M Series B led by Carlyle and reports having 1.7M users (Ingrid Lunden/TechCrunch)
UK-based Hack the Box, which wants to encourage white hat hackers via gamified training, raised a $55M Series B led by Carlyle and reports having 1.7M users — There's long existed a divide in the world of computer hacking between those who are taking a malicious approach to crack a system …
Experts say ChatGPT, Gemini, and other Western AI models are turbocharging Iran's cyber operations, helping it develop malware and launch phishing attacks (Jacob Judah/Financial Times)
Jacob Judah / Financial Times : Experts say ChatGPT, Gemini, and other Western AI models are turbocharging Iran's cyber operations, h...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...
