Showing posts with label Techmeme. Show all posts
Showing posts with label Techmeme. Show all posts

Thursday, 24 August 2023

Toronto-based Ideogram raised a $16.5M seed led by a16z and Index Ventures and launches a public beta of its generative AI-based text-to-image product (Charlize Alcaraz/BetaKit)


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Mastercard and Binance plan to end their card partnership in Latin America and Middle East on September 22; Visa stopped issuing Binance cards in Europe in July (Yueqi Yang/Bloomberg)


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Sources: Amazon has had early talks with Disney about working on a streaming version of ESPN, perhaps helping with distribution and taking a minority stake (Sahil Patel/The Information)


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A US judge dismissed an RNC lawsuit alleging Google's spam filters illegally suppressed their emails, saying the RNC hadn't shown that Google acted in bad faith (Cristiano Lima/Washington Post)


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Affirm reports Q4 revenue up 22% YoY to $446M, vs. $406M est., net loss up 11% YoY to $206M, and GMV up 25% YoY to $5.5B, vs. $5.3B est.; AFRM jumps 5%+ (Emily Bary/MarketWatch)


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Shein acquires ~33% of Forever 21 parent company Sparc and Sparc takes a Shein minority stake, letting Shein sell Forever 21 items and operate inside its stores (Suzanne Kapner/Wall Street Journal)


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Wednesday, 23 August 2023

Google announces new security features for Workspace, including zero-trust, data loss prevention, and digital sovereignty controls, rolling out in 2023 and 2024 (David Gewirtz/ZDNet)


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Apple says it supports California's Right to Repair Act, which passed a Senate vote in May and is awaiting approval before going to a full assembly vote (Brian Heater/TechCrunch)


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Nvidia reports Q2 revenue up 101% YoY to $13.51B, vs. $11.22B est., Data Center revenue up 171% YoY to $10.32B, and authorizes a $25B buyback; NVDA jumps 6%+ (Kif Leswing/CNBC)


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Sources: Microsoft is experimenting with new AI capabilities in Windows 11 apps, including generating a canvas from text in Paint and OCR in Snipping Tool (Zac Bowden/Windows Central)


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Qualcomm updates its lineup of processors for gaming handhelds, adding the G1 and G2 chips for cheaper devices and unveiling its flagship Snapdragon G3x Gen 2 (Andrew E. Freedman/Tom's Hardware)


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