Wednesday, February 2, 2022

Startup that builds 'brain-mimicking' chips gets $25 million funding

Rain Neuromorphics Inc., a startup designing chips that mimic the way the brain works and aims to serve companies using artificial intelligence (AI) algorithms, said on Wednesday it raised $25 million. https://ift.tt/rYA9SKNbO

Sony reports Q3 gaming revenue dropped by 8% YoY to ~$7.09B, operating profit rose 12.1% YoY to ~$810M; Sony shipped 3.9M PlayStation 5 consoles for 17.3M total (Sam Byford/The Verge)

Sam Byford / The Verge:
Sony reports Q3 gaming revenue dropped by 8% YoY to ~$7.09B, operating profit rose 12.1% YoY to ~$810M; Sony shipped 3.9M PlayStation 5 consoles for 17.3M total  —  The PS4 had sold more at this point  —  Sony shipped just 3.9 million PlayStation 5 consoles in its all-important holiday quarter …



Sundar Pichai on Google’s billion dollars bet on India

Reiterating his vision to help India join the digital bandwagon, Alphabet and Google CEO Sundar Pichai has said the ongoing investments are a reflection of the company's confidence in the future of the country and its digital economy. https://ift.tt/p3rcGx4z8

Alphabet says its board has approved a 20-for-1 stock split, slated for July 1 with shareholder approval; Google last split its stock in 2014 (Jordan Novet/CNBC)

Jordan Novet / CNBC:
Alphabet says its board has approved a 20-for-1 stock split, slated for July 1 with shareholder approval; Google last split its stock in 2014  —  - Before the Alphabet rebrand in 2015, Google effectively split its stock with the introduction of a third class of shares.



Saudi Aramco buys 7.4% stake in software firm Cognite

Saudi Aramco has bought a 7.4% stake in Norwegian industrial software group Cognite from oil firm Aker BP, Cognite said on Wednesday. https://ift.tt/TO9EjFKgk

Tuesday, February 1, 2022

Apple reportedly files lawsuit to stop upcoming indie film

Apple is reportedly seeking to halt the distribution of an action-comedy film titled 'Apple Man', fearing consumers may believe the film is associated with the Cupertino-based tech giant. https://ift.tt/ER3J91mub

Y Combinator appears to have dropped Delve, removing the company's profile from its startup directory, following allegations of fake compliance certificates (The Economic Times)

The Economic Times : Y Combinator appears to have dropped Delve, removing the company's profile from its startup directory, following...