Ingrid Lunden / TechCrunch: Tel Aviv-based Appcharge, which helps publishers build websites to sell gaming currencies and other virtual goods, raised a $26M Series A at a $100M valuation — As Apple and Google continue to battle with regulators and publishers over whether their app stores are monopolistic …
Published: 2024-11-25 15:20:01
Stephen Nellis / Reuters: Nvidia unveils Fugatto, an AI model for generating music and audio that can also modify voices, trained on open-source data, and weighs whether to release it — Nvidia (NVDA.O) on Monday showed a new artificial intelligence model for generating music and audio that can modify voices …
Published: 2024-11-25 15:10:01
Financial Times: The EU says Bluesky breaches its rules for not disclosing key details about itself, and has asked 27 governments to see “if they can find any trace of Bluesky” — Social media platform that has grown in exodus from Elon Musk's X is accused of not declaring user numbers
Published: 2024-11-25 14:50:01
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
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
Paul Sawers / TechCrunch: Italian private equity firm Bending Spoons plans to take cloud video management and monetization platform Brightcove private in a deal valued at $233M — Brightcove, a cloud platform that helps businesses manage and monetize video content, is being taken private by Italian technology company Bending Spoons …
Published: 2024-11-25 13:40:03
James Hunt / The Block: MicroStrategy bought 55,500 bitcoin for ~$5.4B cash 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
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
Carolyn Cohn / Reuters: Insurance broker Howden: cyberattacks have lost UK businesses ~£44B in revenue in the past five years and 52% of 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
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
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
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
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
Asa Fitch / Wall Street Journal: A look at the rise of super clusters, which use ~100K Nvidia GPUs for training giant AI models, and the new engineering challenges arising from large 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
Brendan Greeley / Financial Times: A bitcoin reserve is a resilience strategy for the “hodlers”, not the US state, as a long-term bet on bitcoin is bullish on a 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