How China's spending may swamp India's chip ambitions; TrendForce: China's share of global mature-node production will grow from 31% in 2023 to 39% in 2027 — India is making a play for the semiconductor space—but fallout from U.S.-China tensions and China's deep pockets could get in the way
Two of the UK's biggest supermarket chains, Tesco and Sainsbury's, were hit with technical issues on Saturday; Sainsbury's blames a software update — Two of the UK's biggest supermarket chains - Tesco and Sainsbury's - were hit with technical issues on Saturday.
Review of Lenovo ThinkPad X1 Fold 16: sets the bar for foldables with a large 4:3 display and seamless centerfold, but the trackpad is prone to missed inputs — Its beautiful 16-inch OLED display morphs into a 12-inch laptop, but do splurge for the ‘optional’ keyboard and folio.
Bain: Indian startups raised $9.6B in 2023, down from $25.7B in 2022; over 35K Indian startups shut down in 2023 and leading startups laid off 20,000+ employees — During 2023, growth and late-stage startups chose to defer fundraising, and investors took their foot off the gas pedal owing …
How evangelicals proselytize using Bless Every Home, an app that lets users create neighborhood maps and data tables based on people's religion and ethnicity — The future of proselytizing—and surveillance—has arrived. An app called Bless Every Home, which has been backed …
In one of the most notable developments under its new CEO Richard Teng, Binance spun out Binance Labs, its $10B venture capital arm, earlier this year — - Investment arm is now independent from the trading platform — Industry is monitoring for changes at Binance under CEO Teng
Sources: China quietly asks EV makers like BYD and Geely to sharply increase their purchases from local chipmakers, to reduce reliance on Western imports — - Directive could hurt Nvidia, NXP and other EV chip suppliers — Order is a response to US efforts to curb Chinese chip tech
Amazon says “a tiny fraction” of sellers paid for ads for products users couldn't buy and pledges a fix; Amazon offered a $15K refund to a seller seeking $300K — The company has pledged to reimburse sellers for the mistake and make fixes to its lucrative advertising operation.
Foxconn reports Q4 revenue down 5.7% YoY to ~$59B, as cloud and networking demand falls, net profit up 33% YoY to $1.69B, and expects flat 2024 consumer demand — Revenue fell on lackluster demand for cloud and networking products and a slowing personal-computer market
Filing: the NYT denies OpenAI's claims that the NYT “hacked” ChatGPT to create misleading evidence of copyright infringement, calling the claims “grandstanding” — The New York Times (NYT.N) has denied claims by OpenAI that it “hacked” the company's artificial intelligence systems …
Spotify rolls out music videos to its mobile and desktop apps in beta in 11 markets, including Brazil, Italy, and the UK, available to Premium subscribers — Spotify is adding music videos to its mobile and desktop apps in some markets. They are tightly integrated with the company's music library …
A survey of US teens: 38% say they spend too much time on their phone, vs. 27% for too much social media; girls are more likely to report too much phone time — Most teens at least sometimes feel happy and peaceful when they don't have their phone, but 44% say this makes them anxious.
Rina Chandran / Rest of World : Some startups and researchers who can't access the most advanced chips are adopting a “frugal AI” app...
