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Sources: Chinese social e-commerce app Xiaohongshu had $200M in net profit on $1B+ revenue in Q1 2024, up from $40M in net profit on ~$600M revenue in Q1 2023
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t.co
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2024-10-15
China
How some architects and designers are creating photorealistic virtual spaces in the metaverse; a study shows 41% of architectural practices use AI in some way
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t.co
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2024-10-15
AI
The UK appoints Microsoft UK CEO Clare Barclay to lead its new Industrial Strategy Advisory Council, which will focus on growing eight sectors, including tech
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t.co
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2024-10-15
Microsoft
LinkedIn says US C-suite users are up 35% and UK C-suite users are up 30% in five years, and their content gets 4x more engagement than other members' content
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t.co
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2024-10-15
LinkedIn
A profile of Alex Gerko, who used an Icelandic supercomputer and 25K AI chips to build XTX, an algorithmic trading firm that handles $250B of daily trades
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t.co
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2024-10-15
AI
A look at challenges for Ireland's role as a data center hub, as energy supply problems and planning hurdles force AWS and others to evaluate alternatives
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t.co
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2024-10-9
Energy
Ireland
The US DOJ's quest to end Google's long-standing dominance remains the stuff of fantasy, as whatever the courts may order, any real reckoning will take years
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t.co
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2024-10-9
Google
Israel compromising Hezbollah pagers shows the West should take hardware security more seriously, especially as most electronics manufacturing shifted to Asia
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t.co
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2024-10-8
Israel
Asia
Manufacturing
Foxconn Chair Young Liu says the company plans to build a plant in Mexico's Guadalajara to make Nvidia GB200 Blackwell AI servers, as tech decouples from China
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t.co
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2024-10-8
China
Mexico
AI
Nvidia
Online gig platforms sought to increase their “take rates” amid slowing growth; PitchBook: Fiverr and Upwork are trading at less than 20% their pandemic peaks
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t.co
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2024-10-8
Upwork
The BBC, ITV, Channel 4, and Channel 5 agree a deal with Amazon to put free streamer Freely, developed by joint venture Everyone TV, on Amazon's US smart TVs
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t.co
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2024-10-7
Amazon
Dealroom: US VCs made up 65% of 2024 VC investments in European defense startups, up from 18% in 2023, for a total of $458M, or 3x+ more than in any prior year
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t.co
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2024-10-7
Europe
Startup
Among US companies founded in the past 20 years, only Meta and Uber have become “scale insurgent”, with $10B in annual revenue and $1B of operating cash flow
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t.co
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2024-10-7
Uber
A look at the fall of Byju's, India's most valuable startup in 2022 with an estimated $22B valuation, as it faces insolvency and lawsuits in India and the US
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t.co
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2024-10-7
India
Startup
As Mark Zuckerberg aims to be politically “neutral”, some argue he's placating critics like Trump; source: Nick Clegg now makes most election policy decisions
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t.co
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2024-10-5
Trump
Zuckerberg
Analysis: London's Met police used facial recognition 117 times in 2024 to August, up from 32 times in total from 2020 to 2023; ~770,966 people were scanned
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t.co
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2024-10-3
London
Facial Recognition
As Satya Nadella says AI models are becoming “more of a commodity”, OpenAI faces formidable challenges, including burning through cash and intense competition
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t.co
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2024-10-3
AI
Amazon plans to increase the number of ads on Prime Video in 2025 after not seeing a sharp drop in subscribers since adding advertisements in January 2024
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t.co
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2024-10-3
Amazon
Sources: OpenAI has asked investors to avoid backing rival startups such as Anthropic and xAI, an exclusive funding arrangement to keep its generative AI lead
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t.co
)
2024-10-3
Startup
AI
Character.AI CEO Dominic Perella says the startup has largely abandoned building AI models after Google poached its founders, instead focusing on its chatbots
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t.co
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2024-10-2
Google
Startup
AI
chatbot
The UK FCA fines Starling Bank £29M over its “shockingly lax” controls against financial crime like potential money laundering and sanctions breaches
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t.co
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2024-10-2
Meta rolls out its Fraud Intelligence Reciprocal Exchange to let UK banks share transaction intelligence to help catch scammers, after a pilot with two banks
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t.co
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2024-10-2
Intelligence
2024 has been a barren year for big video games compared to 2023, helping indie games take center stage; the games industry has laid off 10,000+ people in 2024
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t.co
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2024-10-2
Raspberry Pi, a FTSE 250 company that defied the trend of UK-based tech companies that have listed in the US, has revived Cambridge's history of making hardware
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t.co
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2024-10-2
Raspberry Pi
Google DeepMind is developing an AI research assistant for scientists; BioNTech's InstaDeep unveils a Llama 3.1-based AI assistant for experimental biology
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t.co
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2024-10-2
Google
AI
An interview with SAP CEO Christian Klein on why regulating AI would harm EU competitiveness, spending €2B per year on AI, building the Joule chatbot, and more
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t.co
)
2024-10-1
Interview
AI
chatbot
An interview with WhatsApp Product Director Alice Newton-Rex on end-to-end encryption, spotting misinformation, the UK's Online Safety Act, Telegram, and more
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t.co
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2024-10-1
Interview
WhatsApp
Interview with SolarWinds CISO Tim Brown on the 2020 breach, facing the US SEC's charges that were largely dismissed in July, global cyber regulations, and more
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t.co
)
2024-9-30
Interview
CISO
NYU professor Aswath Damodaran on an AI bot that is trained on his equity valuation work that is in the public domain, why AI will empower generalists, and more
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t.co
)
2024-9-29
AI
Equity
Bumble, Muzz, and Match Group are pushing their friend-finding and community-building products to attract young users hit by so-called dating app fatigue
(
t.co
)
2024-9-29
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