Wednesday, March 2, 2022

Google Cloud to use 3rd Gen AMD EPYC processors for high-performance computing workloads

AMD announced that the AMD EPYC processors will power the new C2D virtual machine offering from Google Cloud. The company claims that this integration will provide strong performance and compute power for high-performance computing (HPC) memory-bound workloads to the consumers. https://ift.tt/PLZ45tK

Tuesday, March 1, 2022

An Israeli judge lifts reporting restrictions on the arrest of former Celsius Network CFO Yaron Shalem in 2021 for suspected fraud, as Celsius raised $400M (Financial Times)

Financial Times:
An Israeli judge lifts reporting restrictions on the arrest of former Celsius Network CFO Yaron Shalem in 2021 for suspected fraud, as Celsius raised $400M  —  Yaron Shalem was one of 10 detained in connection with alleged fraud at other cryptocurrency ventures



The SEC says BitConnect founder Satish Kumbhani, recently charged with running a $2.4B Ponzi scheme, has disappeared from his native India (David Voreacos/Bloomberg)

David Voreacos / Bloomberg:
The SEC says BitConnect founder Satish Kumbhani, recently charged with running a $2.4B Ponzi scheme, has disappeared from his native India  —  BitConnect founder Satish Kumbhani, charged criminally in the U.S. last week with a $2.4 billion Ponzi scheme, has vanished from his native India, officials said.



African financing service M-KOPA, which helps people without bank accounts buy smartphones, TVs, and other items, raises $75M, bringing total funding to $190M (Tage Kene-Okafor/TechCrunch)

Tage Kene-Okafor / TechCrunch:
African financing service M-KOPA, which helps people without bank accounts buy smartphones, TVs, and other items, raises $75M, bringing total funding to $190M  —  A 2019 World Bank report says 85% of Africans live on less than $5.50 per day.  A large percentage of these adults are unbanked and underbanked …



Baidu reports Q4 revenue rose 9% YoY to ~$5.2B as net income drops to ~$269M, as the company transitions from online marketing to components supplier (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg:
Baidu reports Q4 revenue rose 9% YoY to ~$5.2B as net income drops to ~$269M, as the company transitions from online marketing to components supplier  —  Baidu Inc.'s revenue beat estimates after efforts to monetize artificial intelligence technology helped offset losses in ad sales triggered by China's economic slowdown.



YouTube will block Kremlin-backed RT and Sputnik in Europe, following similar bans by Meta and TikTok, citing the Ukraine invasion (Mark Scott/Politico)

Mark Scott / Politico:
YouTube will block Kremlin-backed RT and Sputnik in Europe, following similar bans by Meta and TikTok, citing the Ukraine invasion  —  Google's YouTube said Tuesday that it would block Kremlin-backed media outlets RT and Sputnik from Europe following similar bans by Facebook and TikTok.



Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)

Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...