A bitcoin strategic reserve is a resilience strategy for the "hodlers", not the US state, as a bet on bitcoin is bullish on permanent institutional collapse (Brendan Greeley/Financial Times)

Klarna reports ~$1.85B in Q1 to Q3 2024 revenue, up 23% YoY, pretax loss down 99% YoY to ~$180K, and Q3 net income up 57% YoY to ~$19.7M, as its US IPO nears (Aisha S Gani/Bloomberg)

Aisha S Gani / Bloomberg: Klarna reports ~$1.85B in Q1 to Q3 2024 revenue, up 23% YoY, pretax loss down 99% YoY to ~$180K, and Q3 net income up 57% YoY to ~$19.7M, as its US IPO nears  —  - Buy now, pay later firm's revenue up 23% in nine-month period  — Klarna has filed for an initial public offering in the US

Published: 2024-11-25 14:05:01

PlayAI, which uses AI to clone voices for $49 or $99 per month and recently rolled out AI agents, raised a $20M seed co-led by 500 Startups and Kindred Ventures (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch: PlayAI, which uses AI to clone voices for $49 or $99 per month and recently rolled out AI agents, raised a $20M seed co-led by 500 Startups and Kindred Ventures  —  Back in 2016, Hammad Syed and Mahmoud Felfel, an ex-WhatsApp engineer, thought it'd be neat to build a text-to-speech Chrome extension for Medium articles.

Published: 2024-11-25 13:50:01

Italian PE firm Bending Spoons plans to take cloud video platform Brightcove private in a $233M deal; Brightcove, founded in 2004, makes monetization tools (Paul Sawers/TechCrunch)

Paul Sawers / TechCrunch: Italian PE firm Bending Spoons plans to take cloud video platform Brightcove private in a $233M deal; Brightcove, founded in 2004, makes monetization tools  —  Brightcove, a cloud platform that helps businesses manage and monetize video content, is being taken private by Italian technology …

Published: 2024-11-25 13:40:03

MicroStrategy bought 55,580 bitcoin for ~$5.4B at an average price of $97,862 between November 18 and November 24, taking its holdings to 386,700 bitcoin (James Hunt/The Block)

James Hunt / The Block: MicroStrategy bought 55,580 bitcoin for ~$5.4B at an average price of $97,862 between November 18 and November 24, taking its holdings to 386,700 bitcoin  —  - MicroStrategy has purchased another 55,580 BTC for approximately $5.4 billion at an average price of $97,862 per bitcoin.

Published: 2024-11-25 13:35:03

The EU says Corning offered commitments in a bid to settle an antitrust probe over alleged exclusive Gorilla Glass deals, including waiving exclusive clauses (Peter Chapman/Bloomberg)

Peter Chapman / Bloomberg: The EU says Corning offered commitments in a bid to settle an antitrust probe over alleged exclusive Gorilla Glass deals, including waiving exclusive clauses  —  - EU feared deals for smartphone glass were anti-competitive  — US firm could avoid hefty fines if remedies are accepted

Published: 2024-11-25 12:50:15

Insurance broker Howden: cyberattacks have cost UK businesses ~£44B in the past five years and 52% of private sector companies have reported at least one attack (Carolyn Cohn/Reuters)

Carolyn Cohn / Reuters: Insurance broker Howden: cyberattacks have cost UK businesses ~£44B in the past five years and 52% of private sector companies have reported at least one attack  —  Cyberattacks have cost British businesses around 44 billion pounds ($55.08 billion) in lost revenue in the past five years …

Published: 2024-11-25 11:45:02

Airbnb plans to let tenants in nearly 1,500 flats owned by Greystar in London to sublet homes on a part-time basis, expanding on a 2022 Greystar partnership (Eri Sugiura/Financial Times)

Eri Sugiura / Financial Times: Airbnb plans to let tenants in nearly 1,500 flats owned by Greystar in London to sublet homes on a part-time basis, expanding on a 2022 Greystar partnership  —  Concept aims to counter criticism that the platform contributes to housing crises in big tourist destinations

Published: 2024-11-25 11:20:02

US coding boot camp graduates are facing a tough job market due to AI coding tools and mass layoffs; CompTIA: developer job listings are down 56% since 2019 (Sarah Kessler/New York Times)

Sarah Kessler / New York Times: US coding boot camp graduates are facing a tough job market due to AI coding tools and mass layoffs; CompTIA: developer job listings are down 56% since 2019  —  Coding boot camps once looked like the golden ticket to an economically secure future.  But as that promise fades, what should you do?

Published: 2024-11-25 10:55:01

Sources: Sony is in the early stages of developing a portable console for PS5 games, building on the PlayStation Portal, although its debut is likely years away (Bloomberg)

Bloomberg: Sources: Sony is in the early stages of developing a portable console for PS5 games, building on the PlayStation Portal, although its debut is likely years away  —  - Nintendo's Switch has dominated mobile console space for years  — Rival Microsoft is also developing portable gaming prototypes

Published: 2024-11-25 10:35:00

A skeptical look at the new AI scaling "laws", including post-train duration and "inference time compute", and why they may fail to predict AI model performance (Gary Marcus/Marcus on AI)

Gary Marcus / Marcus on AI: A skeptical look at the new AI scaling “laws”, including post-train duration and “inference time compute”, and why they may fail to predict AI model performance  —  Scaling laws ain't what they used to be  —  “If anything we are seeing the emergence of a new scaling law …

Published: 2024-11-25 08:50:03

A look at the rise of super clusters that use ~100K Nvidia GPUs for training giant AI models and the new engineering challenges arising from such clusters (Asa Fitch/Wall Street Journal)

Asa Fitch / Wall Street Journal: A look at the rise of super clusters that use ~100K Nvidia GPUs for training giant AI models and the new engineering challenges arising from such clusters  —  Musk's xAI and Meta are among firms building clusters of advanced chips  —  Tech titans have a new way to measure who is winning …

Published: 2024-11-25 07:05:05

A bitcoin strategic reserve is a resilience strategy for the "hodlers", not the US state, as a bet on bitcoin is bullish on permanent institutional collapse (Brendan Greeley/Financial Times)

Brendan Greeley / Financial Times: A bitcoin strategic reserve is a resilience strategy for the “hodlers”, not the US state, as a bet on bitcoin is bullish on permanent institutional collapse  —  It is a resilience strategy for the ‘hodlers’, not the US state  —  In July, Cynthia Lummis, a US senator from Wyoming …

Published: 2024-11-25 05:10:01

Sources: Intel, the biggest recipient of CHIPS Act money, could get less than $8B, after its Ohio plant delays; the US announced $8.5B for Intel earlier in 2024 (New York Times)

New York Times: Sources: Intel, the biggest recipient of CHIPS Act money, could get less than $8B, after its Ohio plant delays; the US announced $8.5B for Intel earlier in 2024  —  The Biden administration is reducing its award to the pioneering chip maker to less than $8 billion, from $8.5 billion.

Published: 2024-11-25 02:25:05

A look at the shortcomings of Google's Tensor SoC for Pixel devices, with four generations failing to impress in key performance and power efficiency metrics (Robert Triggs/Android Authority)

Robert Triggs / Android Authority: A look at the shortcomings of Google's Tensor SoC for Pixel devices, with four generations failing to impress in key performance and power efficiency metrics  —  Would future Pixels be better of returning to Snapdragon?  —  •  —  Thanks to an unprecedented leak from Google's gchips division …

Published: 2024-11-25 01:55:01

Sources: Marc Andreessen, Travis Kalanick, and more are involved in the Department of Government Efficiency; Andreessen is acting as a networker for recruitment (Washington Post)

Washington Post: Sources: Marc Andreessen, Travis Kalanick, and more are involved in the Department of Government Efficiency; Andreessen is acting as a networker for recruitment  —  The Tesla executive and the former presidential candidate are meeting with staff and interviewing experts as they plan for massive federal cuts.

Published: 2024-11-25 00:20:01

Last news

Klarna reports ~$1.85B in Q1 to Q3 2024 revenue, up 23% YoY, pretax loss down 99% YoY to ~$180K, and Q3 net income up 57% YoY to ~$19.7M, as its US IPO nears (Aisha S Gani/Bloomberg)

PlayAI, which uses AI to clone voices for $49 or $99 per month and recently rolled out AI agents, raised a $20M seed co-led by 500 Startups and Kindred Ventures (Kyle Wiggers/TechCrunch)

Italian PE firm Bending Spoons plans to take cloud video platform Brightcove private in a $233M deal; Brightcove, founded in 2004, makes monetization tools (Paul Sawers/TechCrunch)

MicroStrategy bought 55,580 bitcoin for ~$5.4B at an average price of $97,862 between November 18 and November 24, taking its holdings to 386,700 bitcoin (James Hunt/The Block)

The EU says Corning offered commitments in a bid to settle an antitrust probe over alleged exclusive Gorilla Glass deals, including waiving exclusive clauses (Peter Chapman/Bloomberg)

Insurance broker Howden: cyberattacks have cost UK businesses ~£44B in the past five years and 52% of private sector companies have reported at least one attack (Carolyn Cohn/Reuters)

Airbnb plans to let tenants in nearly 1,500 flats owned by Greystar in London to sublet homes on a part-time basis, expanding on a 2022 Greystar partnership (Eri Sugiura/Financial Times)

US coding boot camp graduates are facing a tough job market due to AI coding tools and mass layoffs; CompTIA: developer job listings are down 56% since 2019 (Sarah Kessler/New York Times)

Sources: Sony is in the early stages of developing a portable console for PS5 games, building on the PlayStation Portal, although its debut is likely years away (Bloomberg)

A skeptical look at the new AI scaling "laws", including post-train duration and "inference time compute", and why they may fail to predict AI model performance (Gary Marcus/Marcus on AI)

A look at the rise of super clusters that use ~100K Nvidia GPUs for training giant AI models and the new engineering challenges arising from such clusters (Asa Fitch/Wall Street Journal)

A bitcoin strategic reserve is a resilience strategy for the "hodlers", not the US state, as a bet on bitcoin is bullish on permanent institutional collapse (Brendan Greeley/Financial Times)

Sources: Intel, the biggest recipient of CHIPS Act money, could get less than $8B, after its Ohio plant delays; the US announced $8.5B for Intel earlier in 2024 (New York Times)

A look at the shortcomings of Google's Tensor SoC for Pixel devices, with four generations failing to impress in key performance and power efficiency metrics (Robert Triggs/Android Authority)

Sources: Marc Andreessen, Travis Kalanick, and more are involved in the Department of Government Efficiency; Andreessen is acting as a networker for recruitment (Washington Post)

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