Friday, February 17, 2023

Fitbit plans to remove adventures, challenges, and open groups from its app and replace Studio with an SDK; Google says the features were of "limited use" (Victoria Song/The Verge)

Victoria Song / The Verge:
Fitbit plans to remove adventures, challenges, and open groups from its app and replace Studio with an SDK; Google says the features were of “limited use”  —  Fitbit users: better one-up your friends in challenges while you still can.  Starting March 27th, Fitbit will remove all adventures …



E-signature software firm DocuSign to lay off 10 percent of its workforce

The layoffs will result in an impairment charge of approximately $25 million to $35 million in the first quarter of fiscal 2024, according to the report. https://ift.tt/NWHi9GK

The SEC says Do Kwon and Terraform Labs have withdrawn $100M+ in fiat currency from a Swiss bank since June 2022, after moving 10K+ Bitcoin out of a cold wallet (Suvashree Ghosh/Bloomberg)

Suvashree Ghosh / Bloomberg:
The SEC says Do Kwon and Terraform Labs have withdrawn $100M+ in fiat currency from a Swiss bank since June 2022, after moving 10K+ Bitcoin out of a cold wallet  —  Crypto fugitive Do Kwon and the firm he founded transferred over 10,000 Bitcoin out of their doomed project and turned …



Bulgaria and London-based Dronamics, which says it has a license to operate autonomous, long-range, cargo drones in Europe, raised a $40M pre-Series A (Mike Butcher/TechCrunch)

Mike Butcher / TechCrunch:
Bulgaria and London-based Dronamics, which says it has a license to operate autonomous, long-range, cargo drones in Europe, raised a $40M pre-Series A  —  Autonomous aircraft have long been thought of as having the most potential, though not in the realm of glitzy people-carrying drones so much as the more sedate world of cargo.



Lenovo posts its worst revenue fall in 14 years with Q3 revenue of $15.3B, down 24% YoY, and net income of $437M, down 32% YoY, and warns of job cuts (Josh Ye/Reuters)

Josh Ye / Reuters:
Lenovo posts its worst revenue fall in 14 years with Q3 revenue of $15.3B, down 24% YoY, and net income of $437M, down 32% YoY, and warns of job cuts  —  China's Lenovo Group Ltd (0992.HK) reported a 24% revenue decline for the third quarter, its largest revenue fall in 14 years as global demand …



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...