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Amazon files a petition in the EU's General Court challenging the DSA and its “large platform” designation, the first US company to do so, following Zalando
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t.co
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2023-7-11
Amazon
To mitigate AI risks, companies should be transparent about their systems, collaborate with the industry, stress test, and share details about their progress
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t.co
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2023-7-11
AI
Sources: China plans to force companies to gain a license before releasing generative AI tools, tightening April's draft rules and seeking to control content
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t.co
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2023-7-11
China
AI
A look at EV ride-hailing company BluSmart, which operates ~4,500 cabs in New Delhi and Bengaluru, and has raised $120M+ in equity and debt from BP and others
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t.co
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2023-7-11
Equity
A profile of Debbie Bestwick, the video games industry's longest-serving female CEO, ahead of her year-end departure from UK studio Team17, which released Worms
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t.co
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2023-7-10
Sources: Revolut's US system let criminals steal $20M+ over several months in 2022 before Revolut shut the loophole, equivalent to ~66% of its 2021 net profit
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t.co
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2023-7-10
Sources: Sequoia's China unit HongShan has set up an office in Singapore and might compete with Sequoia's India-based Peak XV for south-east Asia investments
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t.co
)
2023-7-10
China
India
Asia
Singapore
Sources: banking lobby group UK Finance claims 61% of all reported authorized push payment fraud by volume go through Meta platforms; ~£485M was stolen in 2022
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t.co
)
2023-7-9
Huawei unveils Pangu Model 3.0, its new AI model for cloud computing in operations, product R&D, and software engineering, based on its own hardware and chips
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t.co
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2023-7-7
AI
Uber and Careem face a driver shortage in Saudi Arabia, largely due to laws letting only Saudis work for the companies and mandating that drivers own their cars
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t.co
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2023-7-7
Uber
Arabia
Saudi Arabia
A look at London-based VC firm Balderton's new wellbeing program for founders, seeking to tackle the stress and burnout inherent to building a tech startup
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t.co
)
2023-7-7
Startup
London
Instagram Threads feels like Twitter's early days, offering users an insta-network underpinned by Meta's infrastructure that helped surpass smaller rivals
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t.co
)
2023-7-6
Instagram
Twitter
US fintech group FIS agrees to sell a majority stake in its merchant payments arm Worldpay to private equity firm GTCR for up to $18.5B, including $11.7B cash
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t.co
)
2023-7-6
Fintech
Equity
Framing AI debates as a schism between people worried about AI going rogue and those illuminating actual harms is ahistorical and obscures important research
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t.co
)
2023-7-6
AI
A look at Chinese streaming service Mango TV, run by state-owned Hunan Broadcasting System; QuestMobile: Mango TV had 280M MAUs in April 2023, vs. ~100M in 2019
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t.co
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2023-7-6
China
India targets December 2024 for the country's first domestically manufactured chips, as Micron's new chip assembly and test facility breaks ground in August
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t.co
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2023-7-5
India
South Korea, Japan, and Taiwan are assessing the fallout from China's limits on chipmaking chemicals gallium and germanium; Japan imported $203.2M worth in 2022
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t.co
)
2023-7-5
China
Japan
Korea
Taiwan
Yahoo CEO Jim Lanzone says the company is profitable as a private firm and plans a future IPO; Lanzone joined after Yahoo's September 2021 spinout from Verizon
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t.co
)
2023-7-4
IPO
Yahoo
A look at Mukesh Ambani's JioCinema, which had 400M+ viewers on IPL cricket streams, acquired rights from NBC, HBO, and WBD, and is challenging Disney in India
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t.co
)
2023-7-4
India
Sources: Netflix plans to develop targeted and tailor-made ad formats, including “episodic” campaigns, and discussed the plans with ad executives at Cannes
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t.co
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2023-7-4
Netflix
Sources: Apple is forced to make major cuts to its plans of making 1M Vision Pro headsets during the first 12 months of launch due to manufacturing problems
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t.co
)
2023-7-3
Apple
Manufacturing
Thousands of performers, who signed their voice rights away in perpetuity years ago, are being forced to compete with AI-cloned versions of their voices
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t.co
)
2023-7-3
AI
YouTube removes the channels of three North Korean influencers posting about their daily life, after South Korea labelled them as “psychological warfare” tools
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t.co
)
2023-7-1
Korea
YouTube
In a rare rebuke, Japan told Fujitsu to take corrective measures after a 2022 hack of its cloud service affected at least 1.7K companies and government agencies
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t.co
)
2023-7-1
Japan
Executives from over 150 European companies sign an open letter saying the draft AI Act will jeopardize the EU's competitiveness without addressing challenges
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t.co
)
2023-6-30
Europe
AI
Sources: TSMC and its suppliers plan to send several hundred more workers from Taiwan to Arizona to speed up building its US plant, which is behind schedule
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t.co
)
2023-6-30
Taiwan
Advertisers demand significant refunds from YouTube after a report suggested millions of ads served via YouTube's TrueView system are hidden from users
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t.co
)
2023-6-29
YouTube
Sources: Linda Yaccarino plans to launch full-screen, sound-on video ads on Twitter's short-video feed and is wooing celebrities in the hope of selling more ads
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t.co
)
2023-6-29
Twitter
Nigerian officials raise concerns as Chinese-owned super apps PalmPay and OPay gain popularity and Huawei dominates installation of 5G equipment in the country
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t.co
)
2023-6-28
China
5G
Nigeria
In a complaint before the EU's general court, German online retailer Zalando argues it had been unfairly labelled as “very large”, the DSA's first legal test
(
t.co
)
2023-6-27
Germany
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