Brent Crane / Bloomberg:
A profile of Joseph Firmage, who founded USWeb, which went public with a $2.5B market cap in 1997, and is now being sued by “antigravity-machine” investors — Joseph Firmage helped create today's digital economy. These days, he's being sued by antigravity-machine investors …
Tech Nuggets with Technology: This Blog provides you the content regarding the latest technology which includes gadjets,softwares,laptops,mobiles etc
Thursday, February 6, 2025
A profile of Joseph Firmage, who founded USWeb, which went public with a $2.5B market cap in 1997, and is now being sued by "antigravity-machine" investors (Brent Crane/Bloomberg)
Wednesday, February 5, 2025
In 2024, global semiconductor revenue rose 18.1% YoY to ~$626B, led by Samsung, which regained top spot, Intel, and Nvidia, and is set to reach $705B in 2025 (Gartner)
Gartner:
In 2024, global semiconductor revenue rose 18.1% YoY to ~$626B, led by Samsung, which regained top spot, Intel, and Nvidia, and is set to reach $705B in 2025 — Overview — Samsung Electronics Regained No. 1 Spot from Intel and Nvidia Climbed to 3rd Place
The US OPM plans to make each government agency's chief information officer a political appointee who can be fired at will, helping Trump exert more control (Kevin Collier/NBC News)
Kevin Collier / NBC News:
The US OPM plans to make each government agency's chief information officer a political appointee who can be fired at will, helping Trump exert more control — The change could smooth Elon Musk's efforts to access the technology systems of various federal agencies through his Department of Government Efficiency.
Tuesday, February 4, 2025
Ola founder Bhavish Aggarwal invests $230M in his Indian AI startup Krutrim, and plans to raise $1.15B from outside investors by 2026, to build local AI (Manish Singh/TechCrunch)
Manish Singh / TechCrunch:
Ola founder Bhavish Aggarwal invests $230M in his Indian AI startup Krutrim, and plans to raise $1.15B from outside investors by 2026, to build local AI — Ola founder Bhavish Aggarwal is investing $230 million into an AI startup he founded as the country pushes to establish itself in a field dominated by U.S. and Chinese firms.
Nintendo reports Q3 revenue down ~33% YoY to ~$2.8B, net profit down ~33% YoY to ~$831M, both below est, 4.8M Switch sales, and cuts Switch and profit forecasts (Bloomberg)
Bloomberg:
Nintendo reports Q3 revenue down ~33% YoY to ~$2.8B, net profit down ~33% YoY to ~$831M, both below est, 4.8M Switch sales, and cuts Switch and profit forecasts — The Kyoto-based company now expects ¥280 billion ($1.8 billion) in operating income in the fiscal year to March, slashing more than a fifth from its prior forecast.
Monday, February 3, 2025
An analysis of FEC filings shows Elon Musk spent $288M+ to elect Trump and other Republicans, the 2024 election's biggest donor; Musk's America PAC raised $263M (Washington Post)
Washington Post:
An analysis of FEC filings shows Elon Musk spent $288M+ to elect Trump and other Republicans, the 2024 election's biggest donor; Musk's America PAC raised $263M — Billionaire Elon Musk spent at least $288 million to help elect President Donald Trump and other Republican candidates …
The Seoul High Court upholds a decision clearing Samsung Electronics Executive Chairman Jay Y. Lee of fraud and stock-rigging, a major victory for Samsung (Bloomberg)
Bloomberg:
The Seoul High Court upholds a decision clearing Samsung Electronics Executive Chairman Jay Y. Lee of fraud and stock-rigging, a major victory for Samsung — - Seoul court upholds Jay Y. Lee's earlier victory on appeal — The Samsung scion can now focus on turning around the firm
Stablecoins are becoming a core part of financial infrastructure in emerging markets, expanding beyond cross-border payments into consumer finance and more (Tage Kene-Okafor/TechCrunch)
Tage Kene-Okafor / TechCrunch:
Stablecoins are becoming a core part of financial infrastructure in emerging markets, expanding beyond cross-border payments into consumer finance and more — Five years ago, SpaceX launched Starlink, which has since grown into its biggest revenue driver, expanding to more than 100 countries.
Sunday, February 2, 2025
Intel received €515.55M in default interest from the EU after it was reimbursed a €1.06B fine levied in 2009; EU's top court sided with Intel in October 2024 (Foo Yun Chee/Reuters)
Foo Yun Chee / Reuters:
Intel received €515.55M in default interest from the EU after it was reimbursed a €1.06B fine levied in 2009; EU's top court sided with Intel in October 2024 — U.S. chipmaker Intel (INTC.O) has received 515.55 million euros ($536 million) in default interest from EU antitrust regulators related …
Reliance Retail launches the Shein app in India, with control over operations and data and Shein acting as a technology partner, years after the app's ban (Manish Singh/TechCrunch)
Manish Singh / TechCrunch:
Reliance Retail launches the Shein app in India, with control over operations and data and Shein acting as a technology partner, years after the app's ban — Chinese fast-fashion platform Shein has relaunched in India through a partnership with local conglomerate Reliance's retail chain …
A look at Future You, an AI-based research tool that lets users interact with a virtual older self and is currently being used by 60,000 people from 190 nations (Heidi Mitchell/Wall Street Journal)
Heidi Mitchell / Wall Street Journal:
A look at Future You, an AI-based research tool that lets users interact with a virtual older self and is currently being used by 60,000 people from 190 nations — A new artificial-intelligence tool allowed me to talk to my 80-year-old self. It's going to be quite a life.
A US man pleads guilty to a cyberstalking campaign against a professor, including by creating chatbots on Crushon.ai and JanitorAI using her personal info (Katie McQue/The Guardian)
Katie McQue / The Guardian:
A US man pleads guilty to a cyberstalking campaign against a professor, including by creating chatbots on Crushon.ai and JanitorAI using her personal info — James Florence, 36, agreed to plead guilty after using victim's information to guide chatbots in impersonation
Saturday, February 1, 2025
India announces a new $1.15B Fund of Funds for startups with an "expanded scope" compared to previous initiatives, and extends tax benefits for startups (Manish Singh/TechCrunch)
Manish Singh / TechCrunch:
India announces a new $1.15B Fund of Funds for startups with an “expanded scope” compared to previous initiatives, and extends tax benefits for startups — India announced a new $1.15 billion Fund of Funds for startups on Saturday while unveiling sweeping regulatory reforms …
In a Reddit AMA, Sam Altman admitted that DeepSeek has lessened OpenAI's lead and said OpenAI has been "on the wrong side of history" concerning open sourcing (Kyle Wiggers/TechCrunch)
Kyle Wiggers / TechCrunch:
In a Reddit AMA, Sam Altman admitted that DeepSeek has lessened OpenAI's lead and said OpenAI has been “on the wrong side of history” concerning open sourcing — To cap off a day of product releases, OpenAI researchers, engineers, and executives, including OpenAI CEO Sam Altman …
A look at the online scam industry in Southeast Asia and how Indians became its targets; 2,358 Indians were rescued from scam compounds between 2022 and 2024 (Ayush Tiwari/Scroll.in)
Ayush Tiwari / Scroll.in:
A look at the online scam industry in Southeast Asia and how Indians became its targets; 2,358 Indians were rescued from scam compounds between 2022 and 2024 — Essential background on how the online scam industry sprung up and evolved - and how Indians became its targets.
YouTube launches a Premium paywall for song lyrics on YouTube Music, after testing it in recent months; users get five free lyrics before they have to subscribe (Abner Li/9to5Google)
Abner Li / 9to5Google : YouTube launches a Premium paywall for song lyrics on YouTube Music, after testing it in recent months; users get...
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Amrith Ramkumar / Wall Street Journal : An interview with White House OSTP Director Michael Kratsios, a Peter Thiel protégé confirmed by ...
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