Matthew Ball / MatthewBall.vc:
A brief history of VR/AR/MR devices and why hardware challenges have limited mainstream adoption, which could likely slow the metaverse's emergence and growth — Modern efforts to build extended reality (XR) devices—i.e., dedicated virtual reality (VR), dedicated augmented reality (AR) …
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Thursday, January 26, 2023
A brief history of VR/AR/MR devices and why hardware challenges have limited mainstream adoption, which could likely slow the metaverse's emergence and growth (Matthew Ball/MatthewBall.vc)
Wednesday, January 25, 2023
Elon Musk's Twitter has reinstated several Hindu nationalist accounts that were popular in India; upon returning, some have tweeted material denigrating Muslims (Newley Purnell/Wall Street Journal)
Newley Purnell / Wall Street Journal:
Elon Musk's Twitter has reinstated several Hindu nationalist accounts that were popular in India; upon returning, some have tweeted material denigrating Muslims — Human-rights groups say they have seen a rise in anti-Muslim material on the platform — Elon Musk's Unconventional Management Style: Former Employees Share Stories
NYC-based Precision Neuroscience, co-founded by a Neuralink co-founder to create a less invasive brain implant to track diseases, raised a $41M Series B (Sarah McBride/Bloomberg)
Sarah McBride / Bloomberg:
NYC-based Precision Neuroscience, co-founded by a Neuralink co-founder to create a less invasive brain implant to track diseases, raised a $41M Series B — A new brain science company co-created by a founding team member of Elon Musk's Neuralink is raising millions of dollars to implant small electronic devices inside human skulls.
Texas Instruments reports Q4 revenue down 3.4% YoY to $4.67B, breaking a run of double-digit growth since 2020, and issues tepid Q1 guidance below estimates (Ian King/Bloomberg)
Ian King / Bloomberg:
Texas Instruments reports Q4 revenue down 3.4% YoY to $4.67B, breaking a run of double-digit growth since 2020, and issues tepid Q1 guidance below estimates — Texas Instruments Inc., one of the world's largest chipmakers, suffered its first sales decline since 2020 and gave a tepid forecast …
UK-based enterprise VR training startup Gemba, used by Coca-Cola, Pfizer, and more, raised an $18M Series A led by Parkway; courses can cost ~$7,250 per person (Paul Sawers/TechCrunch)
Paul Sawers / TechCrunch:
UK-based enterprise VR training startup Gemba, used by Coca-Cola, Pfizer, and more, raised an $18M Series A led by Parkway; courses can cost ~$7,250 per person — Gemba, an enterprise-focused virtual reality (VR) training startup used by some of the world's biggest companies, has raised $18 million in a Series A round of funding.
Dutch chip equipment maker ASML reports Q4 sales up 29% YoY to €6.4B, 2022 net sales up 13% YoY to €21.1B, and forecasts 25% revenue growth in 2023 (Arjun Kharpal/CNBC)
Arjun Kharpal / CNBC:
Dutch chip equipment maker ASML reports Q4 sales up 29% YoY to €6.4B, 2022 net sales up 13% YoY to €21.1B, and forecasts 25% revenue growth in 2023 — - Dutch chip equipment maker ASML forecast a 25% jump in 2023 revenue. — ASML CEO Wennink said China accounted for around 15% …
After unofficial walkouts in 2022, hundreds of Amazon workers in a UK warehouse are striking, an unprecedented step by UK workers, after 98% voted in favor (Nate Lanxon/Bloomberg)
Nate Lanxon / Bloomberg:
After unofficial walkouts in 2022, hundreds of Amazon workers in a UK warehouse are striking, an unprecedented step by UK workers, after 98% voted in favor — Hundreds of Amazon.com Inc. fulfillment center workers in the UK plan to strike on Wednesday as part of unprecedented industrial action by the company's British employees.
Sources: Marc Benioff's controversial acquisitions, focus on growth over profits, celebrity relationships, and philanthropic pursuits have vexed shareholders (Financial Times)
Financial Times:
Sources: Marc Benioff's controversial acquisitions, focus on growth over profits, celebrity relationships, and philanthropic pursuits have vexed shareholders — Marc Benioff helped build the software group into a Silicon Valley giant, but shareholders are agitating for change
Tuesday, January 24, 2023
Sources: increased SEC scrutiny of Circle, eToro, Galaxy Digital, and other crypto companies have blocked them from going public in the US over the past year (Wall Street Journal)
Wall Street Journal:
Sources: increased SEC scrutiny of Circle, eToro, Galaxy Digital, and other crypto companies have blocked them from going public in the US over the past year — Companies including Circle Internet Financial and eToro have failed to secure the regulator's approval — Crypto's Crash Has Been Swift but Largely Self-Contained.
A look at Sam Bankman-Fried's $400M investment in obscure hedge fund Modulo, shortly before FTX collapsed; Modulo's executives had close ties to SBF and FTX (New York Times)
New York Times:
A look at Sam Bankman-Fried's $400M investment in obscure hedge fund Modulo, shortly before FTX collapsed; Modulo's executives had close ties to SBF and FTX — After the collapse of FTX, prosecutors and lawyers have scrutinized its discredited founder's huge investment in Modulo Capital.
Binance acknowledges mistakenly storing collateral for some of its tokens in the same wallet as customer funds; reserves for around 47 coins are in one wallet (Emily Nicolle/Bloomberg)
Emily Nicolle / Bloomberg:
Binance acknowledges mistakenly storing collateral for some of its tokens in the same wallet as customer funds; reserves for around 47 coins are in one wallet — Binance Holdings Ltd., the world's largest crypto platform, acknowledged that it mistakenly keeps collateral for some of the tokens …
A manager at Activision Blizzard's Blizzard unit, who oversaw World of Warcraft Classic, departs after internally criticizing the company's stack ranking system (Jason Schreier/Bloomberg)
Jason Schreier / Bloomberg:
A manager at Activision Blizzard's Blizzard unit, who oversaw World of Warcraft Classic, departs after internally criticizing the company's stack ranking system — A manager at video game developer Blizzard Entertainment said he was ousted after refusing to give a low evaluation to an employee …
Microsoft, Amazon results to highlight softening cloud business
Apple in talks with Disney, others on VR content for new headset: Report
Monday, January 23, 2023
Wells Fargo, BofA, JPMorgan, and four other banks are working on a digital wallet, managed by Zelle owner Early Warning Services, rolling out in H2 2023 (AnnaMaria Andriotis/Wall Street Journal)
AnnaMaria Andriotis / Wall Street Journal:
Wells Fargo, BofA, JPMorgan, and four other banks are working on a digital wallet, managed by Zelle owner Early Warning Services, rolling out in H2 2023 — Financial institutions behind Zelle are working on a wallet for consumers to use at online checkout — Big banks are teaming …
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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Noah Smith / Noahpinion : Americans express fear and negativity toward AI, often relying on bad arguments like water usage, a stark contr...