Juro Osawa / The Information:
Sources: ByteDance had revenues of $80B+ in 2022, up 30% YoY, after growing 70% between 2020 and 2021; TikTok represented ~12% of total ByteDance revenue — ByteDance, the Chinese owner of TikTok, generated more than $80 billion in annual revenue last year, up more than 30% from roughly $60 billion in 2021 …
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Saturday, April 1, 2023
Sources: ByteDance had revenues of $80B+ in 2022, up 30% YoY, after growing 70% between 2020 and 2021; TikTok represented ~12% of total ByteDance revenue (Juro Osawa/The Information)
How GameStop chairman Ryan Cohen abandoned the company's e-commerce push to refocus on its ~4.4K stores, leading to GameStop's first profit in two years (Wall Street Journal)
Wall Street Journal:
How GameStop chairman Ryan Cohen abandoned the company's e-commerce push to refocus on its ~4.4K stores, leading to GameStop's first profit in two years — Videogame retailer, the original meme stock, hits brakes on e-commerce push to refocus on its 4,400 bricks-and-mortar locations
AI tech like ChatGPT can surely boost experiences of our customers: HP
Binance plans to keep the $985M+ BUSD it moved from its industry recovery fund, launched in November 2022 amid FTX's collapse, in its corporate wallets (Leo Schwartz/Fortune)
Leo Schwartz / Fortune:
Binance plans to keep the $985M+ BUSD it moved from its industry recovery fund, launched in November 2022 amid FTX's collapse, in its corporate wallets — Founder and CEO of Binance Changpeng Zhao, commonly known as “CZ” — In the wake of FTX's collapse in November, the newly crowned kingpin of crypto …
Friday, March 31, 2023
Siemens investigating report employee worked for Russian hacking firm
Huawei reports 2022 revenue up 0.9% YoY to ~$93.4B and net profit down 69% YoY to ~$5.18B, its biggest drop since 2011, amid pandemic controls and US sanctions (Arjun Kharpal/CNBC)
Arjun Kharpal / CNBC:
Huawei reports 2022 revenue up 0.9% YoY to ~$93.4B and net profit down 69% YoY to ~$5.18B, its biggest drop since 2011, amid pandemic controls and US sanctions — - Huawei reported net profit for 2022 totaled 35.6 billion yuan ($5.18 billion), a 69% year-on-year decline.
Italy's privacy regulator temporarily bans ChatGPT and will probe OpenAI, claiming the company lacks a basis for "mass collection and storage of personal data" (Clothilde Goujard/Politico)
Clothilde Goujard / Politico:
Italy's privacy regulator temporarily bans ChatGPT and will probe OpenAI, claiming the company lacks a basis for “mass collection and storage of personal data” — The Italian privacy regulator Friday ordered a ban on ChatGPT over alleged privacy violations.
Indian-origin robotics engineer to head NASA's new Moon to Mars office
Reddit's new Transparency Center to serve as hub for its safety, security info
Twitter 'Verified Organisations' rolled out globally: What is it and how is it important
Thursday, March 30, 2023
How the foldable smartphone market may grow 27% by 2027
An interview with Vinod Khosla on how AI will "free humanity from the need to work", seeing the AI future early, OpenAI investment, AI and geopolitics, and more (Reed Albergotti/Semafor)
Reed Albergotti / Semafor:
An interview with Vinod Khosla on how AI will “free humanity from the need to work”, seeing the AI future early, OpenAI investment, AI and geopolitics, and more — At nearly 70, Vinod Khosla is an elder statesman in Silicon Valley but he's been on top of the most cutting-edge trends, including artificial intelligence.
How to enrol into Apple Swift Student Challenge: Steps by step guide, things to keep in mind and more
Report: Google AI engineer Jacob Devlin quit to join OpenAI in January after complaining that Bard was being trained with ChatGPT data; Google denies the charge (Sean Hollister/The Verge)
Sean Hollister / The Verge:
Report: Google AI engineer Jacob Devlin quit to join OpenAI in January after complaining that Bard was being trained with ChatGPT data; Google denies the charge — Google's Bard hasn't exactly had an impressive debut — and The Information is reporting that the company is so interested …
FreedomGPT, a chatbot from Austin VC firm Age of AI, is free of ChatGPT's safety filters and ethical guardrails, and praises Hitler, uses the N-word, and more (Pranav Dixit/BuzzFeed News)
Pranav Dixit / BuzzFeed News:
FreedomGPT, a chatbot from Austin VC firm Age of AI, is free of ChatGPT's safety filters and ethical guardrails, and praises Hitler, uses the N-word, and more — FreedomGPT spews out responses sure to offend both the left and the right. Its makers say that is the point.
Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)
Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...
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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...
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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; ...