Saturday, July 27, 2024

Sources: Kamala Harris' advisers have approached top crypto companies, including Coinbase, Circle, and Ripple Labs, to "reset" relations with the industry (Financial Times)

Financial Times:
Sources: Kamala Harris' advisers have approached top crypto companies, including Coinbase, Circle, and Ripple Labs, to “reset” relations with the industry  —  Vice-president's team aims to improve relations after industry criticism of the Biden administration



Sources detail how Elon Musk undermined CEO Linda Yaccarino's efforts to repair X's business over the past year; X's US revenue fell 53% YoY to $114M in Q2 (Kate Conger/New York Times)

Kate Conger / New York Times:
Sources detail how Elon Musk undermined CEO Linda Yaccarino's efforts to repair X's business over the past year; X's US revenue fell 53% YoY to $114M in Q2  —  Linda Yaccarino, the C.E.O. of X, has worked hard to bring back advertisers and fix the platform's business.



A profile of CrowdStrike CEO George Kurtz, who co-founded CrowdStrike in 2011 after departing as McAfee's CTO following Intel's acquisition of McAfee for $7.68B (Robert McMillan/Wall Street Journal)

Robert McMillan / Wall Street Journal:
A profile of CrowdStrike CEO George Kurtz, who co-founded CrowdStrike in 2011 after departing as McAfee's CTO following Intel's acquisition of McAfee for $7.68B  —  'A piece of software shouldn't be able to take everything out,' says George Kurtz  —  CrowdStrike Chief Executive George Kurtz answered …



Friday, July 26, 2024

A profile of, and interview with, Sequoia's Roelof Botha on increasing Sequoia's focus on AI investments, staying politically neutral, and more (Michal Lev-Ram/Fortune)

Michal Lev-Ram / Fortune:
A profile of, and interview with, Sequoia's Roelof Botha on increasing Sequoia's focus on AI investments, staying politically neutral, and more  —  At the crown of Roelof Botha's otherwise perfectly coiffed, light-brown head of hair, there's a small patch that's gone completely white.



The US Commerce Department says it signed a nonbinding preliminary agreement with Amkor for a CHIPS Act award consisting of $400M in grants and $200M in loans (Amy Edelen/Phoenix Business Journal)

Amy Edelen / Phoenix Business Journal:
The US Commerce Department says it signed a nonbinding preliminary agreement with Amkor for a CHIPS Act award consisting of $400M in grants and $200M in loans  —  Facility expected to create 2,000 jobs when in full operation within three years  —  The U.S. will award Amkor Technology Inc. $600 million …



The Biden administration says Apple agreed to White House's voluntary safeguards for AI, joining the ranks of OpenAI, Amazon, Alphabet, Microsoft, and others (Akayla Gardner/Bloomberg)

Akayla Gardner / Bloomberg:
The Biden administration says Apple agreed to White House's voluntary safeguards for AI, joining the ranks of OpenAI, Amazon, Alphabet, Microsoft, and others  —  - Guardrails aim to protect consumers, influence AI development  — Apple moving to integrate OpenAI's ChatGPT into iPhone



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; ...