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Chinese self-driving company Pony.AI raised $413.4B in its US IPO, after pricing shares at $13, which rose 19% at open, giving it a nearly $5.4B market cap (Bailey Lipschultz/Bloomberg)

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Bailey Lipschultz / Bloomberg: Chinese self-driving company Pony.AI raised $413.4B in its US IPO, after pricing shares at $13, which rose 19% at open, giving it a nearly $5.4B market cap  —  - IPO priced at top of marketed range raised $260 million  — Firm also agreed private placements worth $153.4 million

Published: 2024-11-27 17:00:59

Cloudflare says it lost 55% of all logs pushed to customers over a 3.5-hour period due to a bug on November 14; Cloudflare sends ~4.5T logs to customers daily (Bill Toulas/BleepingComputer)

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Bill Toulas / BleepingComputer: Cloudflare says it lost 55% of all logs pushed to customers over a 3.5-hour period due to a bug on November 14; Cloudflare sends ~4.5T logs to customers daily  —  Internet security giant Cloudflare announced that it lost 55% of all logs pushed to customers over a 3.5-hour period due to a bug …

Published: 2024-11-27 16:40:00

Foxconn Chair Young Liu says the company expects any impact of Trump's new tariffs to hit it less than its rivals, citing its global manufacturing footprint (Wen-Yee Lee/Reuters)

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Wen-Yee Lee / Reuters: Foxconn Chair Young Liu says the company expects any impact of Trump's new tariffs to hit it less than its rivals, citing its global manufacturing footprint  —  Taiwan's Foxconn (2317.TW) said on Wednesday it expects any impact of new tariffs from U.S. President-elect Donald Trump to hit …

Published: 2024-11-27 16:15:02

Raspberry Pi Compute Module 5 review: the new $45+ module is a compact Pi 5 with more power than a CM4, but whose cooling fan doesn't work with a passive cooler (Les Pounder/Tom's Hardware)

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Les Pounder / Tom's Hardware: Raspberry Pi Compute Module 5 review: the new $45+ module is a compact Pi 5 with more power than a CM4, but whose cooling fan doesn't work with a passive cooler  —  The Raspberry Pi 5 now in a Compute Module 4 sized package  —  Tom's Hardware Verdict

Published: 2024-11-27 15:45:01

Sources: investigators suspect Chinese ship Yi Peng 3 dragged its anchor for 100+ miles to sever two Baltic internet cables, possibly at the behest of Russia (Bojan Pancevski/Wall Street Journal)

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Bojan Pancevski / Wall Street Journal: Sources: investigators suspect Chinese ship Yi Peng 3 dragged its anchor for 100+ miles to sever two Baltic internet cables, possibly at the behest of Russia  —  NATO warships surround Yi Peng 3, a Chinese bulk carrier at the center of an international probe into suspected sabotage

Published: 2024-11-27 15:20:01

Sony says it has sold 160M+ PlayStation 2 units globally since its 2000 launch, the highest-selling console of all time, followed by the Nintendo DS and Switch (Alex Stedman/IGN)

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Alex Stedman / IGN: Sony says it has sold 160M+ PlayStation 2 units globally since its 2000 launch, the highest-selling console of all time, followed by the Nintendo DS and Switch  —  It's the highest-selling console of all time.  —  In honor of the PlayStation's 30th anniversary, Sony has launched …

Published: 2024-11-27 15:05:01

Italy, Europol, and others say they dismantled a pirate streaming service that redistributed IPTV, Sky, DAZN, and more to 22M+ users, making €250M+ per month (Bill Toulas/BleepingComputer)

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Bill Toulas / BleepingComputer: Italy, Europol, and others say they dismantled a pirate streaming service that redistributed IPTV, Sky, DAZN, and more to 22M+ users, making €250M+ per month  —  An international law enforcement operation has dismantled a pirate streaming service that served over 22 million users worldwide …

Published: 2024-11-27 14:35:04

Analysis: Elon Musk posted about Trump's cabinet picks 70+ times from November 7 to 20 to promote his preferred candidates; Trump picked others in several cases (Reuters)

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Reuters: Analysis: Elon Musk posted about Trump's cabinet picks 70+ times from November 7 to 20 to promote his preferred candidates; Trump picked others in several cases  —  Billionaire Elon Musk has been using his social media platform X to go to bat for President-elect Donald Trump's cabinet picks …

Published: 2024-11-27 14:20:00

US police in California, Colorado, and Indiana are testing Draft One, Axon's AI tool that generates police reports from Axon's bodycam audio, with 75 officers (Barbara Booth/CNBC)

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Barbara Booth / CNBC: US police in California, Colorado, and Indiana are testing Draft One, Axon's AI tool that generates police reports from Axon's bodycam audio, with 75 officers  —  With law enforcement focused on reducing crime rates and budget pressures, while recruiting and retaining staff …

Published: 2024-11-27 13:40:00

A look at the UK's planned Digital Markets Unit, which will regulate US tech companies under the DMCC, passed in May 2024, and have the power to halt any M&A (Ashley Rindsberg/Pirate Wires)

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Ashley Rindsberg / Pirate Wires: A look at the UK's planned Digital Markets Unit, which will regulate US tech companies under the DMCC, passed in May 2024, and have the power to halt any M&A  —  london's digital markets, competition and consumers act gives regulators the power to stop any acquisition, anywhere, for basically any reason they want

Published: 2024-11-27 13:05:02

Sources: Guangzhou-based self-driving company Pony.AI raised $260M after pricing its US IPO at $13 per share, the top of the range, implying a ~$4.5B valuation (Bloomberg)

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Bloomberg: Sources: Guangzhou-based self-driving company Pony.AI raised $260M after pricing its US IPO at $13 per share, the top of the range, implying a ~$4.5B valuation  —  - Guangzhou-headquartered company prices shares at $13 each  — Company is set to list American depositary shares Wednesday

Published: 2024-11-27 12:30:08

Sources: Elon Musk's xAI plans to debut a consumer app as soon as December; the startup built its Colossus data center, which uses 100K Nvidia GPUs, in 122 days (Wall Street Journal)

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Wall Street Journal: Sources: Elon Musk's xAI plans to debut a consumer app as soon as December; the startup built its Colossus data center, which uses 100K Nvidia GPUs, in 122 days  —  The Tesla CEO is racing to make xAI, which launched after its competitors, the world's most advanced AI company

Published: 2024-11-27 12:05:01

Amsterdam-based Just Eat plans to delist from the London Stock Exchange on December 27, due to its shares' low liquidity, shifting to just an Amsterdam listing (Sarah Jacob/Bloomberg)

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Sarah Jacob / Bloomberg: Amsterdam-based Just Eat plans to delist from the London Stock Exchange on December 27, due to its shares' low liquidity, shifting to just an Amsterdam listing  —  The Amsterdam-headquartered meal delivery firm intends to cancel its secondary listing from the London Stock Exchange to reduce the associated …

Published: 2024-11-27 11:40:14

Anthropic updates Claude to add custom writing styles for tone and length, aiming to personalize its replies, following similar ChatGPT and Gemini features (Jess Weatherbed/The Verge)

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Jess Weatherbed / The Verge: Anthropic updates Claude to add custom writing styles for tone and length, aiming to personalize its replies, following similar ChatGPT and Gemini features  —  Anthropic is adding a new feature to its Claude AI assistant that will give users more control over how the chatbot responds to different writing tasks.

Published: 2024-11-27 11:25:03

IDC expects global smartphone shipments to grow 6.2% YoY to 1.24B units in 2024, due to Android shipments growing 7.6% YoY and iPhone shipments growing 0.4% YoY (IDC)

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IDC: IDC expects global smartphone shipments to grow 6.2% YoY to 1.24B units in 2024, due to Android shipments growing 7.6% YoY and iPhone shipments growing 0.4% YoY  —  Worldwide smartphone shipments are forecast to grow 6.2% year-over-year in 2024 to 1.24 billion units, according …

Published: 2024-11-27 11:00:43

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