Source: Tencent Music, Cloud Music, and more scrap their virtual lucky draws and other features at a hefty cost, as China cracks down on online gambling (Josh Ye/Reuters)

Josh Ye / Reuters:
Source: Tencent Music, Cloud Music, and more scrap their virtual lucky draws and other features at a hefty cost, as China cracks down on online gambling  —  Chinese online content platforms including Tencent Music (1698.HK) and NetEase's Cloud Music (9899.HK) have removed live streaming features …

Indian instant grocery startup Zepto raised a $200M Series E led by StepStone at a $1.4B valuation, taking its funding to $560M, India's first unicorn of 2023 (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Indian instant grocery startup Zepto raised a $200M Series E led by StepStone at a $1.4B valuation, taking its funding to $560M, India's first unicorn of 2023  —  Instant grocery delivery startup Zepto has raised $200 million in a new funding round at a valuation of $1.4 billion, it said Friday …

Amazon partners with LG to launch Luna on smart TVs

Amazon has announced that its gaming service, Luna, will now be available on LG smart TVs in the US, Canada, Germany, and the UK. LG Smart TV owners can access games on Luna directly from the Home Screen Game Card or download the Luna app from the LG Content Store. Amazon Prime members can play Fortnite and other games at no additional cost, while Luna+ and Luna Pro subscriptions offer access to a wide range of games. Luna is powered by Amazon Web Services and is currently available in four countries. https://ift.tt/y7IWon4

Oppo Find N3 Flip, Watch 4 Pro to launch on August 29

Chinese smartphone maker Oppo is set to launch its competitor to the Samsung Galaxy Z Flip 5, called the Oppo Find N3 Flip. The company has confirmed that it will be launched on August 29 in China, along with the Oppo Watch 4 Pro. The Oppo Find N3 Flip is rumored to have a 6.8-inch internal display, a 3.26-inch external AMOLED display, a MediaTek Dimensity 9200 chipset, and a triple rear camera setup. The Oppo Watch 4 Pro is expected to have a curved design, a Snapdragon W5 chipset, and various health monitoring features. https://ift.tt/Atu1niC

Sources: Vietnamese internet company VNG aims to raise ~$150M in its US IPO and targets a debut at the end of September; VNG reported $166.3M in H1 2023 revenue (Dave Sebastian/Wall Street Journal)

Dave Sebastian / Wall Street Journal:
Sources: Vietnamese internet company VNG aims to raise ~$150M in its US IPO and targets a debut at the end of September; VNG reported $166.3M in H1 2023 revenue  —  Company is targeting a trading debut by the end of September, sources say  —  Vietnamese internet company VNG aims …

HonorTech to launch Honor 90 in India soon, confirms company

Honor, the Chinese smartphone maker, is making a comeback in the Indian market under the brand name HonorTech. The CEO, Madhav Sheth, revealed that the upcoming Honor smartphones in India will run on Android 13 and receive regular security updates. The company will focus on the premium smartphone segment and aims to provide a flagship experience to users. Sheth also confirmed that the Honor 90 series will be launched in India, but no further details were disclosed. The Honor 90 and Honor 90 Pro offer impressive features such as OLED displays and powerful processors. https://ift.tt/O7QyrlI

Amazon launches Amazon Luna on LG smart TVs released between 2021 and 2023 and running webOS 6.0 or later, after debuting Luna on Samsung TVs in August 2022 (Ivan Mehta/TechCrunch)

Ivan Mehta / TechCrunch:
Amazon launches Amazon Luna on LG smart TVs released between 2021 and 2023 and running webOS 6.0 or later, after debuting Luna on Samsung TVs in August 2022  —  LG is teaming up with Amazon to bring the Amazon Luna cloud-based game streaming service on its smart TVs.

This upcoming flagship chipset to bring generative AI to smartphones

Qualcomm and MediaTek are set to release their flagship chipsets later this year, with both companies confirming collaboration with Meta to incorporate Llama 2 large language model (LLM) into their upcoming chipsets. MediaTek's flagship chipset will have improved hardware to enhance generative AI performance, while Qualcomm also plans to implement generative AI in its flagship chipset. The integration of generative AI will bring benefits such as improved privacy, faster processing, and more secure devices for users. These AI capabilities are expected to eventually be available in more affordable chipsets as well. https://ift.tt/Bve9McH

The FBI details North Korea's TraderTraitor-affiliated actors, responsible for Alphapo, CoinsPaid, and Atomic Wallet hacks, and warns over cashing out $40M+ BTC (Ryan Weeks/The Block)

Ryan Weeks / The Block:
The FBI details North Korea's TraderTraitor-affiliated actors, responsible for Alphapo, CoinsPaid, and Atomic Wallet hacks, and warns over cashing out $40M+ BTC  —  - The warning, issued today, comes after a series of high profile crypto heists carried out by North Korea-affiliated Lazarus Group in recent years.

Investigation: despite scaling back in Russia in 2022, Binance continues to handle substantial ruble trading, helping clients evade sanctions via intermediaries (Wall Street Journal)

Wall Street Journal:
Investigation: despite scaling back in Russia in 2022, Binance continues to handle substantial ruble trading, helping clients evade sanctions via intermediaries  —  Binance is helping Russians move money abroad, potentially adding to its sprawling legal problems in the U.S. The cryptocurrency giant …

Chandrayaan 3 landing live streaming link, telecast time, photos shared and more

Chandrayaan 3 live stream Link by NASA: India's Chandrayaan-3 mission is set to make history as it attempts to land on the Moon's south pole. The mission, which launched on July 14, will be the first to reach this unexplored region. The landing is scheduled for 6:04 pm IST, and can be streamed live on the official ISRO website, YouTube, and Facebook. ISRO has also shared photos of the moon taken by the mission's Lander Imager Camera. https://ift.tt/mewKbsV

LLMs, Transformers, and diffusion models represent an entirely new era for AI and discontinuity from the past capabilities of the CNN/RNN/GAN world (Elad Gil/Elad Blog)

Elad Gil / Elad Blog:
LLMs, Transformers, and diffusion models represent an entirely new era for AI and discontinuity from the past capabilities of the CNN/RNN/GAN world  —  Rather then view LLMs, Transformers, and diffusion models as part of a continuum with past “AI”, it is worth thinking of this as an entirely new era and discontinuity from the past

Infinix launches INBook X3 Slim series with 12th-generation Intel processor price starts at Rs 27,990

Infinix has introduced its new INBook X3 Slim series laptops in India, aiming to provide affordability without compromising on performance. The laptops feature 12th-generation Intel Core processors, a slim design, stereo speakers with DTS support, and more. The series includes three variants with Core i3, Core i5, and Core i7 processors, starting at a price of Rs 27,990. The laptops offer a 14-inch FHD display, up to 16GB of RAM, up to 1TB of NVMe PCIe 3.0 SSD storage, and a 50Wh battery with 65W charging. https://ift.tt/UA82PoQ

Baidu reports Q2 revenue up 15% YoY to ~$4.7B, beating ~$4.6B est., and net income up 43% YoY to ~$714M, as China boosts its private sector; BIDU rises 4%+ (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg:
Baidu reports Q2 revenue up 15% YoY to ~$4.7B, beating ~$4.6B est., and net income up 43% YoY to ~$714M, as China boosts its private sector; BIDU rises 4%+  —  - The company reported a larger than projected 15% jump in sales  — It's riding a recovery in advertising from Covid depths

Ivanti warns of a critical Sentry API authentication bypass flaw that is being exploited in the wild, after another zero-day compromised Norway's government (Sergiu Gatlan/BleepingComputer)

Sergiu Gatlan / BleepingComputer:
Ivanti warns of a critical Sentry API authentication bypass flaw that is being exploited in the wild, after another zero-day compromised Norway's government  —  US-based IT software company Ivanti warned customers today that a critical Sentry API authentication bypass vulnerability is being exploited in the wild.