Thursday, October 12, 2023

Goldman Sachs offloads major BNPL player GreenSky for an undisclosed sum to a group of money managers, after acquiring the company for $1.7B in 2021 (Rob Copeland/New York Times)

Rob Copeland / New York Times:
Goldman Sachs offloads major BNPL player GreenSky for an undisclosed sum to a group of money managers, after acquiring the company for $1.7B in 2021  —  Goldman sells the consumer lender GreenSky after significant losses, less than two years after buying it.



Route Mobile partners with Robi Axiata Limited for RCS business messaging expansion

Route Mobile, a CPaaS provider, has partnered with Robi Axiata Limited in Bangladesh to provide managed services for RCS Business Messaging. Route Mobile will onboard clients, provide 24x7 support, and assist with sales in the Bangladesh market. RCS Business Messaging is a multimedia service by Google that allows brands to engage with customers through rich content. The partnership aims to expand Robi's market reach and accelerate the adoption of next-generation technology in Bangladesh. https://ift.tt/fWuAs0p

Hands-on with Best Take for Pixel 8, which uses AI to replace people's faces, a fun camera tool that worryingly helps AI standardize what happiness looks like (Geoffrey A. Fowler/Washington Post)

Geoffrey A. Fowler / Washington Post:
Hands-on with Best Take for Pixel 8, which uses AI to replace people's faces, a fun camera tool that worryingly helps AI standardize what happiness looks like  —  A new AI function called Best Take in Google's Pixel 8 lets you replace people's faces, saving memories of moments that never actually happened.



Wednesday, October 11, 2023

Filing: Alphabet-owned DeepMind cut expenses related to employees by to £595M in 2022, down 39% from £969M in 2021, as revenue fell 21% YoY (Thomas Seal/Bloomberg)

Thomas Seal / Bloomberg:
Filing: Alphabet-owned DeepMind cut expenses related to employees by to £595M in 2022, down 39% from £969M in 2021, as revenue fell 21% YoY  —  - Alphabet-owned AI research unit saw revenues fall in 2022  — London-based DeepMind slashed staff costs 39% in the period



Investors and analysts expect the Israel-Hamas war to derail the fragile recovery of Israel's tech sector, which accounts for 14% of the country's workforce (Steven Scheer/Reuters)

Steven Scheer / Reuters:
Investors and analysts expect the Israel-Hamas war to derail the fragile recovery of Israel's tech sector, which accounts for 14% of the country's workforce  —  The spiralling conflict with the Palestinians is set to derail a fragile recovery in Israel's all-important tech sector …



Sources: at an Activision townhall hosted by James Corden, Bobby Kotick discussed Microsoft, Elon Musk's Neuralink, hinted at a Guitar Hero revival, and more (Jez Corden/Windows Central)

Jez Corden / Windows Central:
Sources: at an Activision townhall hosted by James Corden, Bobby Kotick discussed Microsoft, Elon Musk's Neuralink, hinted at a Guitar Hero revival, and more  —  Kotick and Corden (not me) discuss the future of Activision.  —  What you need to know  — Sources familiar …



Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid western sanctions after its Ukraine invasion (Financial Times)

Financial Times : Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid weste...