Tuesday, April 25, 2023

Filing: SMIC-backed Semiconductor Manufacturing Electronics Shaoxing plans to raise $1.4B in an IPO on Shanghai's STAR Market as Beijing battles US curbs (Bloomberg)

Bloomberg:
Filing: SMIC-backed Semiconductor Manufacturing Electronics Shaoxing plans to raise $1.4B in an IPO on Shanghai's STAR Market as Beijing battles US curbs  —  A chip foundry backed by China's top semiconductor firm is set to raise $1.4 billion in Asia's biggest initial public offering so far this year …



Elon Musk posts a screenshot showing 24.7K Twitter subscribers, or ~0.018% of his 136M+ followers, paying for tweets, Spaces, and more, earning him ~$100K/month (Matt Binder/Mashable)

Matt Binder / Mashable:
Elon Musk posts a screenshot showing 24.7K Twitter subscribers, or ~0.018% of his 136M+ followers, paying for tweets, Spaces, and more, earning him ~$100K/month  —  Musk is making around $100,000 from Twitter users subscribing to his paywalled content.  —  After this weekend's Twitter Blue drama …



How to set up shared Time Machine folder and back up multiple Macs

Learn how to back up multiple Macs on one external hard drive with Apple's Time Machine app. Time Machine creates unique folders for each Mac so you can easily restore data from a specific machine. https://ift.tt/54xn3r8

Japan's ispace prepares for world's first commercial lunar landing

Japanese startup ispace inc is preparing to land its Hakuto-R Mission 1 (M1) spacecraft on the moon early, in what would be the world's first lunar landing by a private company if it succeeds. https://ift.tt/ymfCjg5

Elon Musk seems to have revealed a burner Twitter account, @ErmnMusk, created in November 2022 and featuring bizarre tweets like "Do you like Japanese girls?" (Jordan Pearson/VICE)

Jordan Pearson / VICE:
Elon Musk seems to have revealed a burner Twitter account, @ErmnMusk, created in November 2022 and featuring bizarre tweets like “Do you like Japanese girls?”  —  Musk tweeted a screenshot on Monday evening which appeared to show him signed into a second account.



Spotify reports Q1 revenue up 14% YoY to €3B, ad revenue up 17% YoY to €329M, MAUs up 22% YoY to 515M, Premium Subscribers up 15% YoY to 210M, and a €225M loss (Anne Steele/Wall Street Journal)

Anne Steele / Wall Street Journal:
Spotify reports Q1 revenue up 14% YoY to €3B, ad revenue up 17% YoY to €329M, MAUs up 22% YoY to 515M, Premium Subscribers up 15% YoY to 210M, and a €225M loss  —  Audiostreaming giant posted lower-than-expected revenue gains as ad spending cooled



Monday, April 24, 2023

The trial of Nathaniel Chastain, an ex-OpenSea product manager accused of insider trading in NFTs, begins this week, one of the first cases for digital assets (Reuters)

Reuters:
The trial of Nathaniel Chastain, an ex-OpenSea product manager accused of insider trading in NFTs, begins this week, one of the first cases for digital assets  —  U.S. prosecutors will square off this week against a former employee of OpenSea, the world's largest marketplace for non-fungible tokens …



Government has issued a warning for these Mozilla Firefox users

https://ift.tt/tdlUWGD

Analysts, investors, and founders expect a hard year for tech startups, including more down rounds; PitchBook says 400+ unicorns haven't raised funds since 2021 (Lizette Chapman/Bloomberg)

Lizette Chapman / Bloomberg:
Analysts, investors, and founders expect a hard year for tech startups, including more down rounds; PitchBook says 400+ unicorns haven't raised funds since 2021  —  The startup world has had a tough year — plagued by mass layoffs, plummeting venture capital investment and the chaotic collapse of Silicon Valley Bank.



Super.com, formerly Snapcommerce, raised $60M in equity and $25M via a credit facility to launch a super app for deals, taking its total funding to $200M+ (Christine Hall/TechCrunch)

Christine Hall / TechCrunch:
Super.com, formerly Snapcommerce, raised $60M in equity and $25M via a credit facility to launch a super app for deals, taking its total funding to $200M+  —  The current inflation environment has all of us looking for ways to cut costs and save some money.



Google may be working on AI-powered cloud offerings

“Google has moved the engineering team responsible for making artificial intelligence chips into Google Cloud, a spokesperson confirmed, in a step that could make the cloud unit more competitive with its bigger rivals, Microsoft and Amazon Web Services, in selling AI-powered software to businesses,” the report read. Google competes with Amazon and Microsoft in Cloud space. https://ift.tt/IsPzaJC

A look at LAION, a free AI training data set with 5B+ images used in Google's Imagen and Stable Diffusion, created by high school teacher Christoph Schuhmann (Bloomberg)

Bloomberg:
A look at LAION, a free AI training data set with 5B+ images used in Google's Imagen and Stable Diffusion, created by high school teacher Christoph Schuhmann  —  In front of a suburban house on the outskirts of the northern Germany city of Hamburg, a single word — “LAION” — is scrawled in pencil across a mailbox.



India extends a deadline for implementing a 30% cap on any company's share of transactions on UPI payments network, providing relief to Google Pay and PhonePe (Manish Singh/TechCrunch)

Manish Singh / TechCrunch : India extends a deadline for implementing a 30% cap on any company's share of transactions on UPI payment...