Saturday, July 27, 2024

How Win With Black Women and other groups are using Zoom calls to organize and fundraise for Kamala Harris; virtual rallies for Harris raised $10M+ this week (Jacob Knutson/Axios)

Jacob Knutson / Axios:
How Win With Black Women and other groups are using Zoom calls to organize and fundraise for Kamala Harris; virtual rallies for Harris raised $10M+ this week  —  - “What we're seeing now at the moment is a beautiful intersection of concerned citizens utilizing digital media and virtual technology …



Sources: Kamala Harris' advisers have approached top crypto companies, including Coinbase, Circle, and Ripple Labs, to "reset" relations with the industry (Financial Times)

Financial Times:
Sources: Kamala Harris' advisers have approached top crypto companies, including Coinbase, Circle, and Ripple Labs, to “reset” relations with the industry  —  Vice-president's team aims to improve relations after industry criticism of the Biden administration



Sources detail how Elon Musk undermined CEO Linda Yaccarino's efforts to repair X's business over the past year; X's US revenue fell 53% YoY to $114M in Q2 (Kate Conger/New York Times)

Kate Conger / New York Times:
Sources detail how Elon Musk undermined CEO Linda Yaccarino's efforts to repair X's business over the past year; X's US revenue fell 53% YoY to $114M in Q2  —  Linda Yaccarino, the C.E.O. of X, has worked hard to bring back advertisers and fix the platform's business.



A profile of CrowdStrike CEO George Kurtz, who co-founded CrowdStrike in 2011 after departing as McAfee's CTO following Intel's acquisition of McAfee for $7.68B (Robert McMillan/Wall Street Journal)

Robert McMillan / Wall Street Journal:
A profile of CrowdStrike CEO George Kurtz, who co-founded CrowdStrike in 2011 after departing as McAfee's CTO following Intel's acquisition of McAfee for $7.68B  —  'A piece of software shouldn't be able to take everything out,' says George Kurtz  —  CrowdStrike Chief Executive George Kurtz answered …



Friday, July 26, 2024

A profile of, and interview with, Sequoia's Roelof Botha on increasing Sequoia's focus on AI investments, staying politically neutral, and more (Michal Lev-Ram/Fortune)

Michal Lev-Ram / Fortune:
A profile of, and interview with, Sequoia's Roelof Botha on increasing Sequoia's focus on AI investments, staying politically neutral, and more  —  At the crown of Roelof Botha's otherwise perfectly coiffed, light-brown head of hair, there's a small patch that's gone completely white.



The US Commerce Department says it signed a nonbinding preliminary agreement with Amkor for a CHIPS Act award consisting of $400M in grants and $200M in loans (Amy Edelen/Phoenix Business Journal)

Amy Edelen / Phoenix Business Journal:
The US Commerce Department says it signed a nonbinding preliminary agreement with Amkor for a CHIPS Act award consisting of $400M in grants and $200M in loans  —  Facility expected to create 2,000 jobs when in full operation within three years  —  The U.S. will award Amkor Technology Inc. $600 million …



The Biden administration says Apple agreed to White House's voluntary safeguards for AI, joining the ranks of OpenAI, Amazon, Alphabet, Microsoft, and others (Akayla Gardner/Bloomberg)

Akayla Gardner / Bloomberg:
The Biden administration says Apple agreed to White House's voluntary safeguards for AI, joining the ranks of OpenAI, Amazon, Alphabet, Microsoft, and others  —  - Guardrails aim to protect consumers, influence AI development  — Apple moving to integrate OpenAI's ChatGPT into iPhone



Wednesday, July 24, 2024

LA-based Pearl, an FDA-approved startup that uses AI to assist dentists to make diagnoses, raised a $58M Series B led by Left Lane Capital at a $400M valuation (Katie Roof/Bloomberg)

Katie Roof / Bloomberg:
LA-based Pearl, an FDA-approved startup that uses AI to assist dentists to make diagnoses, raised a $58M Series B led by Left Lane Capital at a $400M valuation  —  - Los Angeles-based startup backed by Craft Ventures, Left Lane  — Pearl is valued at $400 million in fresh financing deal



Ferrari plans to accept crypto payments for its cars at European dealers from the start of August, and internationally by the end of 2024, expanding on the US (Giulio Piovaccari/Reuters)

Giulio Piovaccari / Reuters:
Ferrari plans to accept crypto payments for its cars at European dealers from the start of August, and internationally by the end of 2024, expanding on the US  —  Ferrari (RACE.MI) said on Wednesday it would extend its scheme to accept payments in cryptocurrency for its luxury sports cars …



Kamala Harris took a leading White House role on AI, including meeting executives, and a win could mean a continued relatively smooth runway for AI companies (New York Times)

New York Times:
Kamala Harris took a leading White House role on AI, including meeting executives, and a win could mean a continued relatively smooth runway for AI companies  —  The presumptive Democratic nominee has won concessions from Big Tech leaders on A.I., but she hasn't successfully pushed Congress to regulate.



Google's failed deal with Wiz, and with HubSpot before that, puts Google in an awkward spot to grow Cloud; Wiz staff are likely upset at missing a big payday (Parmy Olson/Bloomberg)

Parmy Olson / Bloomberg:
Google's failed deal with Wiz, and with HubSpot before that, puts Google in an awkward spot to grow Cloud; Wiz staff are likely upset at missing a big payday  —  It's the second time in as many months that the tech giant has lost a deal to boost its lagging cloud business.



Constellation Energy plans to invest $1.6B to revive the Three Mile Island nuclear plant in Pennsylvania and sell all the output to Microsoft data centers (Bloomberg)

Bloomberg : Constellation Energy plans to invest $1.6B to revive the Three Mile Island nuclear plant in Pennsylvania and sell all the out...