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t.co
A look at OpenAI's business model as the company believes it can more than double the yearly run rate by 2025; ChatGPT enterprise now has 300+ paying customers
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t.co
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2024-2-15
The CEO of Greek payments company Viva Wallet, co-owned by JPMorgan, sues the bank for allegedly suppressing Viva's growth, as JPMorgan files a counter claim
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t.co
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2024-2-15
JPMorgan
Greece
Some European entrepreneurs believe the EU's scrutiny of deals involving tech giants will lead to less M&A activity, reducing exit routes from their business
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t.co
)
2024-2-15
Europe
Entrepreneur
An interview with Supercell CEO Ilkka Paananen, as Tencent's Finnish mobile gaming group seeks its next big hit; Clash of Clans had $10B+ in revenue in 10 years
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t.co
)
2024-2-14
Mobile
Interview
Tencent
Finland
Chinese factories that transformed rural communities by selling goods on Alibaba's Taobao and Tmall are turning to rival platforms like Pinduoduo to stay afloat
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t.co
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2024-2-14
China
Alibaba
Copilot for Microsoft 365 testers question the $30/seat price but some, like Dow, plan big rollouts; Copilot in Teams seen as useful, but it struggles in Excel
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t.co
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2024-2-14
Microsoft
Sources: Temu is scooping up suppliers of cheap goods that once worked with Shein, as Shein moves to clean up its supply chain ahead of a planned US listing
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t.co
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2024-2-14
Ireland, Germany, Singapore, China, Amsterdam, and others added restrictions on new data centers in recent years to comply with stringent environmental rules
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t.co
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2024-2-13
China
Germany
Singapore
Ireland
Ukraine's GUR military intelligence unit says Russian forces are using Starlink terminals on the front line, confirming media reports of Russia using Starlink
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t.co
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2024-2-12
Russia
Ukraine
Intelligence
How generative AI is transforming the advertising industry; WPP and Publicis plan to spend hundreds of millions of dollars to embed AI in their businesses
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t.co
)
2024-2-12
AI
How the erosion of competition, regulation, and worker power ushered in the “enshittocene”, an era defined by the slow decay of online platforms like Facebook
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t.co
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2024-2-11
Facebook
Abu Dhabi-based AI group G42 has “divested from all its investments in China” as it seeks to reassure the US; sources: the sell-off included shares in ByteDance
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t.co
)
2024-2-10
China
AI
Carlyle Group agrees to sell UK game publisher Jagex, which develops RuneScape, to CVC Capital, sources say for £900M, after acquiring it in 2021 for $530M+
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t.co
)
2024-2-10
Sources: OpenAI's annualized revenue hit $2B in December, up from $1.3B in October 2023, and the company believes it can more than double the figure in 2025
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t.co
)
2024-2-9
Pakistan suspended mobile services across the country as voters went to the polls on February 8; the Interior Ministry cited a deteriorating security situation
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t.co
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2024-2-8
Mobile
A German court sides with US-based R2 Semiconductor over Intel in a patent infringement suit; a source says the ruling could lead to a ban on HP and Dell sales
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t.co
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2024-2-8
Germany
Intel
Ban
Uber reports Q4 revenue up 15% YoY to $9.9B, Gross Bookings up 22% YoY to $37.6B, a $1.9B net income, up from a $9.1B loss YoY, and a record 150M MAUs
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t.co
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2024-2-7
Uber
4Q
Sources: OpenAI, DeepMind, and others seek clarity over how the UK's AI Safety Institute is testing their AI models, timeframe, and the feedback process
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t.co
)
2024-2-7
AI
Sources: Shein approached the CAC and China Securities Regulatory Commission to get their blessing for a US IPO, despite not formally requiring their approval
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t.co
)
2024-2-7
China
IPO
Sources: SMIC plans to use its stock of US and Dutch-made equipment to build 5nm Kirin chips designed by Huawei's HiSilicon for smartphones, despite US curbs
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t.co
)
2024-2-6
Netherlands
Microsoft, Google, Meta, and Amazon added ~$10B to collective profits in the past two years by cutting depreciation costs due to extended server life estimates
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t.co
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2024-2-6
Google
Amazon
Microsoft
Sources: the UK shelved plans to publish rules on the training of AI models using copyrighted material, after artists and tech groups failed to agree terms
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t.co
)
2024-2-6
AI
UK's Reach strikes a deal with Amazon for “contextual” first-party data to target online ads, as the media industry responds to end of third party cookies
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t.co
)
2024-2-5
Amazon
Rivals say Neuralink's brain implant tech isn't unique or novel, but acknowledge that Elon Musk's attention grabbing has propelled the field closer to reality
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t.co
)
2024-2-4
Elon Musk
Analysis: ByteDance spent $8.74M on US lobbying activities in 2023, up 77% YoY, and Shein spent $2.12M, up 7.6x from 2022, amid rising US-China trade tensions
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t.co
)
2024-2-3
China
Sources: Reddit has picked the New York Stock Exchange for its long-delayed IPO that could take place as soon as next month
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t.co
)
2024-2-3
IPO
Reddit
New York
China-based advertisers now account for 10% of the Meta's annual revenue and contributed 5 percentage points to its total worldwide revenue growth
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t.co
)
2024-2-3
China
Sources: some independent record labels are pushing back on Apple's plans to pay more for spatial audio tracks, saying it benefits larger record companies
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t.co
)
2024-2-2
Apple
Sources: SK Hynix plans to build an advanced chip packaging plant in Indiana, for stacking DRAM chips to make High Bandwidth Memory (HBM) chips for Nvidia GPUs
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t.co
)
2024-2-1
Nvidia
Q&A with Pinterest CEO Bill Ready on why social media turned toxic, his vision for a less toxic platform that can use AI for good, activist investors, and more
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t.co
)
2024-2-1
AI
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