Saritha Rai / Bloomberg:
An interview with Paytm CEO Vijay Shekhar Sharma on the company's $1B annual revenue goal, post-IPO stock price crash, giving investors more info, and more — Paytm was the poster boy for India's tech startups, only to lose two-thirds of its value since its IPO and become a symbol of the industry's crash.
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Thursday, July 28, 2022
An interview with Paytm CEO Vijay Shekhar Sharma on the company's $1B annual revenue goal, post-IPO stock price crash, giving investors more info, and more (Saritha Rai/Bloomberg)
Greater London Authority warns housing developers about a potential ban on new housing until 2035, citing a growing number of data centers consuming electricity (Financial Times)
Financial Times:
Greater London Authority warns housing developers about a potential ban on new housing until 2035, citing a growing number of data centers consuming electricity — Greater London Authority warns developers that upgrade might take more than a decade — Developers in west London face …
Experts say it is not clear whether generative art made by AI systems trained on copyrighted data, like OpenAI's DALL-E 2, can be considered as fair use (Daniel Cooper/Engadget)
Daniel Cooper / Engadget:
Experts say it is not clear whether generative art made by AI systems trained on copyrighted data, like OpenAI's DALL-E 2, can be considered as fair use — In 1917, Marcel Duchamp submitted a sculpture to the Society of Independent Artists under a false name.
Wednesday, July 27, 2022
Spotify says it has "decided to stop further production of Car Thing units" and will take a €31M charge, citing demand and supply chain issues (Ingrid Lunden/TechCrunch)
Ingrid Lunden / TechCrunch:
Spotify says it has “decided to stop further production of Car Thing units” and will take a €31M charge, citing demand and supply chain issues — Spotify's push to complement its music streaming with a big move into podcasting and related content appears to be paying off …
An illustrated look at the bipartisan American Innovation and Choice Act's impact on US tech giants, seeking to ban self-preferencing and improve competition (Leah Nylen/Bloomberg)
Leah Nylen / Bloomberg:
An illustrated look at the bipartisan American Innovation and Choice Act's impact on US tech giants, seeking to ban self-preferencing and improve competition — US lawmakers are eyeing votes before November's midterm elections on legislation that marks the first major effort by Congress …
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; ...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...