Saturday, April 20, 2024

The House passes a TikTok divestiture bill with a longer sale deadline as part of a package of Ukraine/Israel aid bills, pressuring the Senate to vote on TikTok (Lauren Feiner/The Verge)

Lauren Feiner / The Verge:
The House passes a TikTok divestiture bill with a longer sale deadline as part of a package of Ukraine/Israel aid bills, pressuring the Senate to vote on TikTok  —  The House once again passed a bill that could ban TikTok from the US unless its Chinese parent company ByteDance divests it …



Sources: Biden administration is encouraging US tech groups to seek AI deals in the UAE and brokered Microsoft's deal with G42, as it seeks an edge over China (Financial Times)

Financial Times:
Sources: Biden administration is encouraging US tech groups to seek AI deals in the UAE and brokered Microsoft's deal with G42, as it seeks an edge over China  —  Biden administration brokers talks between Microsoft, OpenAI Google and the UAE, as Washington seeks edge over China



PCs that can run large AI models may drive an enterprise PC replacement cycle, but some CIOs say they'll wait for the category to mature and prices to come down (Isabelle Bousquette/Wall Street Journal)

Isabelle Bousquette / Wall Street Journal:
PCs that can run large AI models may drive an enterprise PC replacement cycle, but some CIOs say they'll wait for the category to mature and prices to come down  —  But CIOs aren't quite convinced that everyone needs an AI-enabled PC just yet  —  The biggest innovation in years has come …



A look at Los Angeles' Homelessness Prevention pilot program, which uses AI to identify those at risk of becoming homeless, offering aid to keep them housed (Kate Rogers/CNBC)

Kate Rogers / CNBC:
A look at Los Angeles' Homelessness Prevention pilot program, which uses AI to identify those at risk of becoming homeless, offering aid to keep them housed  —  A woman walks past tents for the homeless lining a street in Los Angeles, Calif. on Feb. 1, 2021.



Friday, April 19, 2024

Web design and hosting platform Webflow acquires Intellimize, which raised $50M and offers AI-powered webpage personalization, a source says for "eight-figures" (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch:
Web design and hosting platform Webflow acquires Intellimize, which raised $50M and offers AI-powered webpage personalization, a source says for “eight-figures”  —  Webflow, a web design and hosting platform that's raised over $330 million at a $4 billion valuation, is expanding into a new sector: marketing optimization.



Meta is restricting certain election-related keywords for Meta AI in India due to ongoing elections; Meta started testing its AI chatbot in India last week (Ivan Mehta/TechCrunch)

Ivan Mehta / TechCrunch:
Meta is restricting certain election-related keywords for Meta AI in India due to ongoing elections; Meta started testing its AI chatbot in India last week  —  Last week, Meta started testing its AI chatbot in India across WhatsApp, Instagram, and Messenger.



Sources: Mistral plans to raise €500M at an over €5B valuation from multiple VCs and wealth funds, after raising ~€400M at a €2B valuation in December 2023 (Financial Times)

Financial Times:
Sources: Mistral plans to raise €500M at an over €5B valuation from multiple VCs and wealth funds, after raising ~€400M at a €2B valuation in December 2023  —  One-year-old French start-up approached by multiple investors who view it as Europe's answer to OpenAI



Thursday, April 18, 2024

Twitch plans to roll out its TikTok-style discovery feed later in April, letting users scroll clips and livestreams, after testing the feature for a year (Emma Roth/The Verge)

Emma Roth / The Verge:
Twitch plans to roll out its TikTok-style discovery feed later in April, letting users scroll clips and livestreams, after testing the feature for a year  —  After nearly a year of testing, Twitch's new TikTok-style discovery feed will finally roll out to all users later this month.



French B2B software company Planisware raised €278M in a Paris IPO; its shares jumped up to 33% to ~€21 on its debut, giving Planisware a €1.1B valuation (Thyagaraju Adinarayan/Bloomberg)

Thyagaraju Adinarayan / Bloomberg:
French B2B software company Planisware raised €278M in a Paris IPO; its shares jumped up to 33% to ~€21 on its debut, giving Planisware a €1.1B valuation  —  - Stock opens at €21.01 versus €16 per share IPO price  — France joins nascent recovery in European IPOs after drought



Apple plans to spend $250M+ on its regional hub in Singapore, including expanding its campus later in 2024, as Tim Cook visits Vietnam and other Asian countries (Amanda Lee/Wall Street Journal)

Amanda Lee / Wall Street Journal:
Apple plans to spend $250M+ on its regional hub in Singapore, including expanding its campus later in 2024, as Tim Cook visits Vietnam and other Asian countries  —  Apple seeks to diversify its supply chain amid rising U.S.-China tensions and global concerns of decoupling trade



Sources and messages: Binance compliance officer Tigran Gambaryan told executives and Nigerian contacts of a $150M crypto bribe request, prior to his arrest (New York Times)

New York Times : Sources and messages: Binance compliance officer Tigran Gambaryan told executives and Nigerian contacts of a $150M crypt...