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Wednesday, 31 May 2023
CrowdStrike reports Q1 revenue up 42% YoY to $692.6M, vs. $676.4M est., and ARR up 42% YoY to $2.73B, slower than the 61% growth in Q1 2023; CRWD drops 10%+ (Rohan Goswami/CNBC)
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Salesforce reports Q1 revenue up 11% YoY to $8.25B, vs. $8.18B est., capital expenditures up 36% YoY to $243M, vs. $205M est., and raises Q2 guidance above est. (Jordan Novet/CNBC)
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Meta asks a US court to block FTC's attempt to impose new sanctions for alleged violation of a 2020 settlement (Leah Nylen/Bloomberg)
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Google's head of communications and public affairs Corey duBrowa will leave the company to serve as CEO of public relations firm Burson Cohn & Wolfe (Eleanor Hawkins/Axios)
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Reddit client Apollo's developer says Reddit plans to charge $12K for 50M API requests and that he would need to pay $20M per year to keep operating the app (Juli Clover/MacRumors)
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Tuesday, 30 May 2023
Sources: Google plans to launch the Pixel Watch 2 in fall 2023 with a Snapdragon W5 series chip and Fitbit Sense 2-like sensors, alongside the Pixel 8 and 8 Pro (Abner Li/9to5Google)
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AI 'godfather' Yoshua Bengio feels 'lost' over life's work Canadian computer scientist Yoshua Bengio tells the BBC he did not realise AI would develop so fast. May 31, 2023 at 04:35AM
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While OpenAI has become more upfront about ChatGPT's limitations, the company should do more to make clear the bot can't reliably distinguish fact from fiction (James Vincent/The Verge)
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HPE reports Q2 revenue up 4% YoY to $7B, vs. $7.3B est., HPC & AI revenue up 18% YoY to $840M, and Intelligent Edge revenue up 50% YoY to $1.3B (Jon Swartz/MarketWatch)
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Miami-based Transak, which sells payment and onboarding infrastructure for Web3 games and financial apps, raised a $20M Series A led by CE Innovation Capital (Brandy Betz/CoinDesk)
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Nvidia valued at $1 trillion thanks to AI boom Investors excited about the possibilities for artificial intelligence have sent the US chipmaker's value soaring. May 30, 2023 at 09:47PM
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Monday, 29 May 2023
Glassnode: 14.85% of all ether was held in exchange-controlled wallets on May 25, the lowest level since summer 2016, as staking soaks up the available supply (Sam Reynolds/CoinDesk)
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Elizabeth Holmes is going to prison. Will she ever pay victims too? Experts say victims often never get their money back from those who defrauded them. May 30, 2023 at 01:39AM
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Arm transitions to a comprehensive 64-bit platform with new mobile CPU core designs Cortex-X4, Cortex-A720, and Cortex-A520, built on its Armv9.2 architecture (Gavin Bonshor/AnandTech)
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Capita hack: 90 organisations report data breaches to watchdog The privacy watchdog is urging groups using the outsourcing giant to check if data has been exposed. May 29, 2023 at 11:56PM
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Sunday, 28 May 2023
A survey of 3,000 US workers, an equal number of Boomers, Gen Xers, Millennials, and Gen Zers, finds 85% of them have used AI tools to perform tasks at work (Sara Korolevich/Checkr)
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FTX: Singapore state fund Temasek cuts pay after failed investment Last year, Temasek Holdings wrote off all of the $275m (£222.8m) it had invested in FTX. May 29, 2023 at 09:33AM
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Who is Linda Yaccarino, Twitter's 'superwoman'? Can new chief executive Linda Yaccarino fix Twitter? May 29, 2023 at 04:41AM
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A look at hCaptcha, a reCAPTCHA alternative used by Discord and others that is using AI-generated images to train ML systems and generative adversarial networks (Matthew Gault/VICE)
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Saturday, 27 May 2023
Binance plans to launch a local service for Japan residents in the summer and discontinue its global service for users in the country on November 30, 2023 (Susanne Barton/Bloomberg)
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US Commerce Secretary Gina Raimondo says the US "won't tolerate" China's ban on Micron chips and calls the decision an "economic coercion" (Bloomberg)
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Source and analysis: PDD-owned Temu is losing an average of $30 per order and between $588M to $954M per year, as it tries to break into the US market (Tracy Wen Liu/Wired)
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ChatGPT: US lawyer admits using AI for case research The lawyer told the judge he did not know content from the artificial intelligence could be false. May 28, 2023 at 03:50AM
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The developers behind open source GameCube and Wii emulator Dolphin say Nintendo sent Valve a DMCA takedown notice to block Dolphin's impending release on Steam (Wes Fenlon/PC Gamer)
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Friday, 26 May 2023
Microsoft makes Azure Linux, a container host OS for the Azure Kubernetes Service, generally available, after running it in public preview since October 2022 (Jeff Burt/The Register)
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Paris-based Sekoia, a platform for the real-time detection of cyberattacks, raised a $35M Series A from Banque des Territoires, Bright Pixel, and BNP Paribas (Vignesh R./Silicon Canals)
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Sources: PE firms Francisco Partners and TPG have ended talks to acquire observability software company New Relic after failing to secure enough debt financing (Reuters)
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Germany-based Sastrify, which operates a marketplace for buying and managing SaaS subscriptions, raised a $32M Series B, bringing its total funding to $55.2M (FinSMEs)
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Bluesky rolls out a "custom feeds" feature that lets users subscribe to different algorithms and make their own for others to use; most are not chronological (Karissa Bell/Engadget)
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Sam Altman says OpenAI "of course" has no plans to leave Europe, reversing a threat to leave the region if it can't comply with the EU's upcoming AI Act (Reuters)
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Thursday, 25 May 2023
Toronto-based BenchSci, which uses AI to help pharmaceutical firms accelerate drug discovery, raised a CA$95M Series D led by Generation Investment Management (Josh Scott/BetaKit)
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A beta version of WhatsApp suggests the company is working on adding usernames, which may allow users to chat without sharing their phone numbers (WABetaInfo)
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Google removes 'Slavery Simulator' game amid outrage in Brazil The app, which allowed players to "buy and sell" black characters, was launched last month. May 26, 2023 at 02:09AM
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Twitch raises the price of Turbo, its ad-free subscription that offers extra emoticons, chat badges, and more; the US price jumps from $8.99 to $11.99 per month (Jay Peters/The Verge)
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Twitter launches API Pro, a $5,000/month tier offering access to full archive search endpoints and the ability to fetch 1M tweets and post 300K tweets monthly (Ivan Mehta/TechCrunch)
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Google starts rolling out its AI-powered Search Generative Experience, with features like a conversational mode, to users that signed up for Search Labs (Abner Li/9to5Google)
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YouTube plans to shut down Stories on June 26, 2023, as the company focuses on other key areas, like Shorts, Community posts, and live videos (Sarah Perez/TechCrunch)
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Wednesday, 24 May 2023
Florida Governor Ron DeSantis' presidential campaign announcement on Twitter Spaces suffers crashes, feedback glitches, and audio failures (Kevin Breuninger/CNBC)
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Sony announces a handheld device, known as Project Q, with an 8-inch screen for streaming games from a PS5 via Remote Play over Wi-Fi, launching later in 2023 (The Verge)
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Snowflake reports Q1 revenue up 48% YoY to $623.6M, vs. $608M est., forecasts Q2 product revenue below est., and plans to acquire startup Neeva; SNOW drops 10%+ (Annie Palmer/CNBC)
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Microsoft says Chinese state-sponsored hackers compromised "critical infrastructure" across various industries in the US, with a focus on gathering intelligence (Rohan Goswami/CNBC)
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Sources: some Meta employees say important work has been at a standstill and the company's 2023 product roadmap is undecided, as its final round of layoffs ends (Bloomberg)
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Tuesday, 23 May 2023
Elliptic: some Chinese chemical suppliers accept cryptocurrency for fentanyl ingredients and the majority use "three specific exchanges" based outside of China (Andy Greenberg/Wired)
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