Friday, September 16, 2022

Former TikTok and ByteDance staff say TikTok CEO Shou Zi Chew's power is limited, with ByteDance's founder and other executives making most decisions (New York Times)

New York Times:
Former TikTok and ByteDance staff say TikTok CEO Shou Zi Chew's power is limited, with ByteDance's founder and other executives making most decisions  —  Shou Zi Chew, TikTok's chief executive, is balancing how to be an autonomous leader while juggling the demands of the app's Chinese parent company.



Chinese loan apps under scanner: ED freezes funds worth over Rs 46 crore from payment gateway accounts

The searches were launched on September 14 at multiple premises of the accused in Delhi, Mumbai, Ghaziabad, Lucknow and Gaya. Sixteen premises of banks and payment gateways in Delhi, Gurugram, Mumbai, Pune, Chennai, Hyderabad, Jaipur, Jodhpur and Bengaluru in respect of an investigation related to an app-based token named HPZ and related entities were also covered, the federal agency said in a statement. https://ift.tt/gS8BZ0D

Thursday, September 15, 2022

Samsung may launch the flagship Galaxy S23 series in February 2023

The company is expected to launch three new smartphones under the Samsung Galaxy S23 series which will include -- the Galaxy S23, Galaxy S23+, and the Galaxy S23 Ultra. The company seems to be on track with the early next year release window as the battery that is likely to be used for the Galaxy S23+ has already been listed in a certification database. https://ift.tt/IpW3cOq

A look at Shanghai's status as China's chip hub: SMIC and SMEE making 14nm and 90nm chips, ~$36.95B market size in 2021 or ~25% of China's total, and more (Jiaxing Li/South China Morning Post)

Jiaxing Li / South China Morning Post:
A look at Shanghai's status as China's chip hub: SMIC and SMEE making 14nm and 90nm chips, ~$36.95B market size in 2021 or ~25% of China's total, and more  —  Shanghai is styling itself as China's semiconductor highland with the city now accounting for one quarter of the country's semiconductor value output …



How signing documents may get easier during Microsoft Teams meetings

According to Windows Central, the application lets users add a document to a meeting for attendees to sign, such as a purchase agreement, invoice, or NDA. https://ift.tt/vMfFeLh

Crypto market maker Portofino, founded by former Citadel Securities executives, emerges from stealth with $50M from Peter Thiel's Valar Ventures and others (Tom Matsuda/The Block)

Tom Matsuda / The Block:
Crypto market maker Portofino, founded by former Citadel Securities executives, emerges from stealth with $50M from Peter Thiel's Valar Ventures and others  —  - Former Citadel Securities execs Leonard Lancia and Alex Casimo have raised $50 million as they launch crypto market maker Portofino Technologies.



Some startups and researchers who can't access the most advanced chips are adopting a "frugal AI" approach, building smaller models on open-weight systems (Rina Chandran/Rest of World)

Rina Chandran / Rest of World : Some startups and researchers who can't access the most advanced chips are adopting a “frugal AI” app...