TECH NEWS
Showing posts with label
Techmeme
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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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Tuesday, 22 August 2023
Sources: Salesforce is leading a ~$200M funding round in Hugging Face at a $4B+ valuation, more than doubling its share price and private valuation (The Information)
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Meta says it remains committed to rolling out default E2EE for Messenger, which has opt-in E2EE, by the end of 2023, and shortly afterwards for Instagram DMs (Makena Kelly/The Verge)
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Nvidia and VMware extend partnership to help companies iterate on open models like Llama 2 for their AI apps, using Nvidia's NeMo framework on VMware's cloud (Shubham Sharma/VentureBeat)
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Sources: Thoma Bravo will close its $2.3B acquisition of identity software provider ForgeRock this week after the US DOJ declined to challenge the deal (Leah Nylen/Bloomberg)
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Monday, 21 August 2023
A summer 2022 draft agreement between the US and ByteDance to avoid a TikTok ban would give US agencies power to block app policy changes, veto hirings, more (Emily Baker-White/Forbes)
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The US announces $667M in new grants and loans for 37 new recipients to expand rural broadband infrastructure, after allocating $771.4M in April and June 2023 (Kavish Harjai/Associated Press)
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PeckShield: a wallet tied to the ~$600M Binance Coin hack in October 2022 had $63M liquidated on lending platform Venus Protocol, after using BNB as collateral (Sidhartha Shukla/Bloomberg)
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A look at Music: Not Impossible's haptic suit, consisting of a backpack and ankle and wrist bands, which lets people feel music as vibrations on their bodies (New York Times)
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Sunday, 20 August 2023
Sources: Meta plans to launch a web version of Threads early this week (Wall Street Journal)
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