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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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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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