Western Digital raised $900M from Apollo Global and Elliott, sources say as a precursor to a merger with Japan's Kioxia, as the memory chip industry struggles — Western Digital Corp. is receiving a $900 million investment led by Apollo Global Management Inc., getting financial firepower …
Wednesday, February 1, 2023
Western Digital raised $900M from Apollo Global and Elliott, sources say as a precursor to a merger with Japan's Kioxia, as the memory chip industry struggles (Bloomberg)
A look at Blind, an anonymous professional networking site that has emerged as a lifeline for tech workers seeking information and advice about the mass layoffs (Catherine Thorbecke/CNN)
A look at Blind, an anonymous professional networking site that has emerged as a lifeline for tech workers seeking information and advice about the mass layoffs — In the week before Microsoft publicly announced plans to cut 10,000 jobs, thousands of workers at the tech giant who were eager …
Tuesday, January 31, 2023
A roundup of potential rivals to OpenAI's ChatGPT service: DeepMind's Sparrow, Google's LaMDA, Anthropic's Claude, and Character AI (Sharon Goldman/VentureBeat)
A roundup of potential rivals to OpenAI's ChatGPT service: DeepMind's Sparrow, Google's LaMDA, Anthropic's Claude, and Character AI — Today, ChatGPT is two months old. — Yes, believe it or not, it was less than nine weeks ago that OpenAI launched what it simply described as an …
A look at the history of generative AI and developments that paved the way for breakthroughs, including CUDA, convolutional neural networks, and transformers (Haomiao Huang/Ars Technica)
A look at the history of generative AI and developments that paved the way for breakthroughs, including CUDA, convolutional neural networks, and transformers — A new class of incredibly powerful AI models has made recent breakthroughs possible. — Progress in AI systems often feels cyclical.
EU Commission changes, triggered by human rights group ICCL, mean regulators in Ireland and elsewhere will report six times a year on GDPR, violations, and more (Parmy Olson/Bloomberg)
EU Commission changes, triggered by human rights group ICCL, mean regulators in Ireland and elsewhere will report six times a year on GDPR, violations, and more — It's well established that the European Union has some of the strictest privacy laws in the world, threatening fines of up to 4% of a company's annual turnover.
Dutch social enterprise Fairphone, which makes sustainable, modular consumer electronics, raised €49M in "growth capital", bringing its total funding to ~€86.6M (Natasha Lomas/TechCrunch)
Dutch social enterprise Fairphone, which makes sustainable, modular consumer electronics, raised €49M in “growth capital”, bringing its total funding to ~€86.6M — Dutch social enterprise Fairphone, which makes modular and — the claim is — more sustainable …
An in-depth analysis of Yandex's leaked source code shows 17,854 ranking factors, scraping Google, Bing, YouTube, and TikTok, "Vital Hosts" boosts, and more (Michael King/Search Engine Land)
An in-depth analysis of Yandex's leaked source code shows 17,854 ranking factors, scraping Google, Bing, YouTube, and TikTok, “Vital Hosts” boosts, and more — Yandex isn't Google, but there is a lot SEOs can learn about how a modern search engine is built from reviewing this codebase.
A draft EU proposal details plans to ask Netflix, Alphabet, and other "large traffic generators" to help pay for next-generation internet infrastructure (Jillian Deutsch/Bloomberg)
A draft EU proposal details plans to ask Netflix, Alphabet, and other “large traffic generators” to help pay for next-generation internet infrastructure — The European Union is weighing a proposal to make technology companies that use the most bandwidth, like Netflix Inc. and Alphabet Inc. …
Independent examiner: Celsius misled investors and sometimes used new customer funds to pay for withdrawals, CEO Alex Mashinsky made false claims, and more (Jack Schickler/CoinDesk)
Independent examiner: Celsius misled investors and sometimes used new customer funds to pay for withdrawals, CEO Alex Mashinsky made false claims, and more — Shoba Pillay was appointed by a New York bankruptcy court to look at whether the crypto lender operated as a Ponzi scheme
Manu Jain, who led Xiaomi's India business for seven years, leaves, joining a long list of key departures; sources say he pitched investors on EV startup ideas (Manish Singh/TechCrunch)
Manu Jain, who led Xiaomi's India business for seven years, leaves, joining a long list of key departures; sources say he pitched investors on EV startup ideas — Manu Jain, the executive who helped Xiaomi set up and scale business in India, has left the company, he said Monday …
Monday, January 30, 2023
China's JD.com to shut e-commerce sites in Indonesia, Thailand
JD.com will end its services in Thailand from March 3 and in Indonesia from the end of the same month, its local websites showed. Both units will stop taking orders on February 15. https://ift.tt/fbLK4h2
Qualcomm introduces 'Snapdragon Insiders Access Program'
With the new Access Program, Insiders will get the opportunity to be among the first to try new Snapdragon-powered devices and partner with top brands, the company said in a blogpost. https://ift.tt/CvsYl2o
The memory-chip sector, known for boom-and-bust cycles, is facing one if its worst-ever routs, as inventory glut and a fight for marketshare has cratered prices (Bloomberg)
The memory-chip sector, known for boom-and-bust cycles, is facing one if its worst-ever routs, as inventory glut and a fight for marketshare has cratered prices — This time was supposed to be different. — The memory-chip sector, famous for its boom-and-bust cycles, had changed its ways.
Sunday, January 29, 2023
Source: Baidu is planning to launch an AI chatbot similar to OpenAI's ChatGPT in March 2023, initially embedded into its main search services (Zheping Huang/Bloomberg)
Source: Baidu is planning to launch an AI chatbot similar to OpenAI's ChatGPT in March 2023, initially embedded into its main search services — Baidu Inc. is planning to roll out an artificial intelligence chatbot service similar to OpenAI's ChatGPT, according to a person familiar with the matter …
Analysis: US Black Web3 founders raised $60M in 2022, up from $16M in 2021; total money raised by US Web3 startups in 2022 fell to $11.9B from $16.5B in 2021 (Dominic-Madori Davis/TechCrunch)
Analysis: US Black Web3 founders raised $60M in 2022, up from $16M in 2021; total money raised by US Web3 startups in 2022 fell to $11.9B from $16.5B in 2021 — Startups in the space are more bullish than ever — Much hope remains after the crypto winter almost froze the sector …
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A Wyoming woman joined a federal suit against xAI alleging her stepfather used Grok to turn one childhood photo of her into 7,000+ CSAM images he traded online (Washington Post)
Washington Post : A Wyoming woman joined a federal suit against xAI alleging her stepfather used Grok to turn one childhood photo of her ...
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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; ...
