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Cloud backup startup Eon raised $70M led by BOND at a $1.4B valuation, taking its total funding to $200M since its January 2024 founding by AWS alumni (Paayal Zaveri/Bloomberg)

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Paayal Zaveri / Bloomberg: Cloud backup startup Eon raised $70M led by BOND at a $1.4B valuation, taking its total funding to $200M since its January 2024 founding by AWS alumni  —  - BOND led a $70 million funding round, Eon's third this year  — Cloud backup startup was founded by Amazon Web Services alumni

Published: 2024-11-28 11:45:12

Reddit COO Jen Wong says ~50% of current users are located outside the US, and the company is developing new search tools to simplify navigation on Reddit (Arjun Kharpal/CNBC)

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Arjun Kharpal / CNBC: Reddit COO Jen Wong says ~50% of current users are located outside the US, and the company is developing new search tools to simplify navigation on Reddit  —  Reddit is ramping up efforts to attract more users outside of the U.S., putting countries like India and Brazil in focus as it looks …

Published: 2024-11-28 11:10:17

Alibaba releases QwQ-32B-Preview under an Apache 2.0 license and claims the "reasoning" AI model beats OpenAI's o1 models on the AIME and MATH tests (Kyle Wiggers/TechCrunch)

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Kyle Wiggers / TechCrunch: Alibaba releases QwQ-32B-Preview under an Apache 2.0 license and claims the “reasoning” AI model beats OpenAI's o1 models on the AIME and MATH tests  —  A new so-called “reasoning” AI model, QwQ-32B-Preview, has arrived on the scene.  It's one of the few to rival OpenAI's o1 …

Published: 2024-11-28 10:20:05

Call center workers in the Philippines, where an estimated 86% of white-collar workers already use AI, say generative AI tools have made work more demanding (Michael Beltran/Rest of World)

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Michael Beltran / Rest of World: Call center workers in the Philippines, where an estimated 86% of white-collar workers already use AI, say generative AI tools have made work more demanding  —  BPO workers say AI tools are monitoring their calls, assisting them with customers, and scoring their performance.  —  • MANILA, PHILIPPINES

Published: 2024-11-28 09:35:04

Incoming FCC chairman Brendan Carr's censorial agenda, which is couched in the language of free speech, may be the biggest threat to the 1A in quite a long time (Mike Masnick/Techdirt)

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Mike Masnick / Techdirt: Incoming FCC chairman Brendan Carr's censorial agenda, which is couched in the language of free speech, may be the biggest threat to the 1A in quite a long time  —  When Donald Trump announced that he was appointing current FCC Commissioner Brendan Carr to be the next chair of the FCC, it was no surprise.

Published: 2024-11-28 07:45:03

Ofcom: Reddit was visited by 22.9M UK adults in May 2024, up 47% YoY, making it the fifth most popular social media platform in the UK, surpassing X at 22.1M (Dan Milmo/The Guardian)

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Dan Milmo / The Guardian: Ofcom: Reddit was visited by 22.9M UK adults in May 2024, up 47% YoY, making it the fifth most popular social media platform in the UK, surpassing X at 22.1M  —  Discussion platform takes fifth place in rankings and is the fastest growing large social media platform in the UK

Published: 2024-11-28 07:15:01

Ofcom: UK adults are now spending an average of four hours and 20 minutes daily online across devices, a jump from three hours and 41 minutes in 2023 (Ingrid Lunden/TechCrunch)

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Ingrid Lunden / TechCrunch: Ofcom: UK adults are now spending an average of four hours and 20 minutes daily online across devices, a jump from three hours and 41 minutes in 2023  —  Adults are spending an average of 4 hours and 20 minutes each day online across smartphones, tablets and computers in the U.K. …

Published: 2024-11-28 07:05:14

DefiLlama: the total market cap for stablecoins has risen 46% in 2024 to a record ~$190B, regaining ground lost after TerraUSD's infamous collapse in 2022 (Sidhartha Shukla/Bloomberg)

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Sidhartha Shukla / Bloomberg: DefiLlama: the total market cap for stablecoins has risen 46% in 2024 to a record ~$190B, regaining ground lost after TerraUSD's infamous collapse in 2022  —  - The overall market cap for stablecoins has risen 46% this year  — The tokens are cementing a more durable role in global trade

Published: 2024-11-28 06:00:58

The US FTC finalizes amendments to its Telemarketing Sales Rule, letting the agency pursue scam tech support companies even when consumers initiate the calls (Umar Shakir/The Verge)

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Umar Shakir / The Verge: The US FTC finalizes amendments to its Telemarketing Sales Rule, letting the agency pursue scam tech support companies even when consumers initiate the calls  —  The Federal Trade Commission (FTC) has finalized amendments to its Telemarketing Sales Rule (TSR), making it easier to protect consumers …

Published: 2024-11-28 05:50:00

Source: Amazon's new generative AI model, codenamed Olympus, can process images, video, and text, and could be unveiled at next week's AWS re:Invent (The Information)

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The Information: Source: Amazon's new generative AI model, codenamed Olympus, can process images, video, and text, and could be unveiled at next week's AWS re:Invent  —  Amazon has developed new generative artificial intelligence that can process images and video in addition to text, according to a person …

Published: 2024-11-28 05:01:01

Young founders and coders applying for Elon Musk's DOGE cite a range of professional and civic motivations; sources say DOGE is seeking 100 full-time DC hires (Alex Konrad/Forbes)

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Alex Konrad / Forbes: Young founders and coders applying for Elon Musk's DOGE cite a range of professional and civic motivations; sources say DOGE is seeking 100 full-time DC hires  —  The incoming Trump administration's planned agency for cutting government excess is seeking 100 full-time hires in the nation's capital …

Published: 2024-11-28 03:50:14

Mark Zuckerberg met with Donald Trump at Mar-a-Lago on November 27; sources: Zuckerberg, who has had a strained relationship with Trump, initiated the meeting (New York Times)

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New York Times: Mark Zuckerberg met with Donald Trump at Mar-a-Lago on November 27; sources: Zuckerberg, who has had a strained relationship with Trump, initiated the meeting  —  The president-elect has long been critical of Mr. Zuckerberg's social media platforms, saying they censor conservative viewpoints.

Published: 2024-11-28 02:40:00

Microsoft says a feature to let US users play and buy Xbox games from the Xbox app on Android is "ready to go live as soon as the court makes a final decision" (Richard Lawler/The Verge)

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Richard Lawler / The Verge: Microsoft says a feature to let US users play and buy Xbox games from the Xbox app on Android is “ready to go live as soon as the court makes a final decision”  —  A few weeks ago, Microsoft exec Sarah Bond said that in November, “players will be able to play and purchase Xbox games directly from the Xbox App on Android.”

Published: 2024-11-28 02:15:04

Filing: Intel's $7.86B US government subsidy requires the company to own at least 50.1% of Intel Foundry if the unit is split into a new privately held entity (Stephen Nellis/Reuters)

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Stephen Nellis / Reuters: Filing: Intel's $7.86B US government subsidy requires the company to own at least 50.1% of Intel Foundry if the unit is split into a new privately held entity  —  Intel (INTC.O) said on Wednesday its deal for $7.86 billion in U.S. government subsidies restricts the company's ability …

Published: 2024-11-28 01:45:18

On Joe Rogan's podcast, Marc Andreessen criticizes the "raw administrative power" of US agencies like the CFPB, SEC, and FTC, talks Elon Musk and DOGE, and more (Ana Altchek/Business Insider)

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Ana Altchek / Business Insider: On Joe Rogan's podcast, Marc Andreessen criticizes the “raw administrative power” of US agencies like the CFPB, SEC, and FTC, talks Elon Musk and DOGE, and more  —  - Marc Andreessen discussed Elon Musk and the Department of Government Efficiency on Joe Rogan's podcast.

Published: 2024-11-28 00:50:01

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