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May 24, 2021, 10:05 AM
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| Nick Statt / Protocol: |
Ahead of Monday's closing arguments in the Apple vs Epic trial, a closer look at the judge's pointed questioning of Cook that touched on the lack of competition — Judge Yvonne Gonzalez Rogers, who is presiding over the Epic v. Apple antitrust trial, saved her best for last.
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Wall Street Journal, The Verge, The Verge, CNET, and Forbes
| Heather Somerville / Wall Street Journal: |
Study: among 44 tech startups that completed a SPAC deal from the start of 2020 through April 2021, their share prices had fallen 12.6% on average by May 17 — Entrepreneurs are increasingly wary about the money-raising tool after watching peers' stocks slide and investors balk
More:
PYMNTS.com. Tweets: @wsj, @julianklymochko, @laurenshirsch, @mayazi, @gunjanjs, and @m_delamerced
| Chaim Gartenberg / The Verge: |
Google's partnership with Samsung to merge Wear OS with Samsung's Tizen comes after years of Google failing to build a cohesive wearables strategy — Third time might not be the charm — Once again, Google is hitting the reset button, combining with Samsung's Tizen wearable operating system …
Tweets: @killedbygoogle, @ericliptonnyt, and @jarango
| Ken Norton / Bring the Donuts Newsletter: |
Q&A with Michael Siliski, a business lead at Stripe, on product culture, how written long-form documents facilitate the flow of information at Stripe, and more — Go deep, move fast, and build multi-decade abstractions — This is the next part of my ongoing series about product culture.
More:
Protocol. Tweets: @aneel, @patrickc, @quamen, @amix3k, @david_perell, @paulg, @sarthakgh, and @carnage4life
| John McCormick / Wall Street Journal: |
How Pinterest's neural network curates pins for users, pairing them with tailored ads on their search results, drawing 480M people to the site in Q1, up 30% YoY — Using neural networks, the site is able to find images—and ads—that will catch the consumer's eye
Tweets: @glenngabe and @psb_dc
| Manish Singh / TechCrunch: |
Indian startup Zeta, which helps banks launch fintech products, raises $250M Series C led by SoftBank Vision Fund 2 at a valuation of $1.45B — Zeta, a startup that helps banks and fintech firms launch products, is the newest to attain the coveted unicorn status after closing a new financing round.
More:
Entrackr, The Economic Times, Finextra, Bloomberg, and Inc42 Media
| Sneha Shah / The Economic Times: |
PitchBook: Indian startups raised $7.8B from Jan. to Apr 2021, ~70% of $12.1B raised in 2020; average funding size is $25.21M in 2021, up from $14.94M in 2020 — Startup funding party continues amid second wave of Covid-19 — Risk investors continue to pump in record funds … | Olivia Solon / NBC News: |
Pro-Palestinian activist campaign targets Facebook's app store ratings via 1-star reviews; Facebook's internal chats show Apple declined to remove the reviews — Pro-Palestinian activists are running a coordinated campaign to downgrade Facebook's app review ratings to protest …
More:
The Verge, AppleInsider, Insider, MUO, Middle East Eye, and Engadget
Tweets: @hamadrajpvt, @craigkellymp, @osgaweesh, @hamadrajpvt, @sajeeralam, @middleeasteye, @marwasf, @hamadrajpvt, @nazihfares, @matteomoschella, @dats, @oliviasolon, and @bzamayo
| Zheping Huang / Bloomberg: |
Kuaishou, ByteDance's main rival, reports Q1 revenue of $2.65B, up 37% YoY, and a net loss of $8.9B, as it delved deeper into online commerce and advertising — - Advertising and e-commerce helped juice quarterly revenue — Kuaishou offers investors a taste of China's hot video market
More:
PR Newswire and Tech in Asia
| Karen Hao / MIT Technology Review: |
Over 500 AI researchers are working on a project to build an open-source large language model that will be used to conduct research independent of any company — Hundreds of scientists around the world are working together to understand one of the most powerful emerging technologies before it's too late.
Tweets: @jon_severs, @lucianabenotti, @techreview, @_karenhao, @phalcon7, @ict4peace, @techreview, @techreview, @mor10, @glichfield, and @quantamagazine
| David J. Lynch / Washington Post: |
A look at the greater role automation is playing in the US, with labor shortages driving greater adoption since the start of the pandemic — From warehouses to oil fields, artificial intelligence, robots and advanced software are leaving a mark — The United States today is producing roughly …
Tweets: @mckinsey_mgi, @washingtonpost, and @davidjlynch
| Jane Lanhee Lee / Reuters: |
South Korea-based Riiid, which offers an AI-based tutor that gives real-time progress evaluations for students, raises $175M from SoftBank Vision Fund 2 — (Reuters) - Riiid Inc, a South Korean AI tutorial startup, on Monday said it raised $175 million from SoftBank Group Corp's Vision Fund 2 …
Sponsor Posts
Niantic Spatial:
World models need real-world data — Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics. Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate.
World models need real-world data — Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics. Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate.
Zoho:
Meet Zoho Books MCP: Bring AI-powered accounting to your business — Isn't change the only constant? And that holds true for accounting too. For years, accounting software has helped businesses manage their finances …
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IDrive:
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Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Anuma:
The Private AI That Remembers — Anuma is the all-in-one AI platform with private, portable memory. Chat, text, create, build, and solve across every model.
The Private AI That Remembers — Anuma is the all-in-one AI platform with private, portable memory. Chat, text, create, build, and solve across every model.Featured Podcasts
Big Technology Podcast:
OpenAI's User Growth Miss, Musk vs. Altman, Prediction Market Ban
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Training Data:
OpenAI's Greg Brockman: Why Human Attention Is the New Bottleneck
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
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The Upstarts Podcast:
Runway's Cris Valenzuela: Building The Hollywood-Friendly Video AI That OpenAI Couldn't
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Hard Fork:
OpenAI's Big Reset + A.I. in the Doctor's Office + Talkie, a pre-1930s LLM
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
The Talk Show With John Gruber:
'Food and Beverage Director', With MG Siegler
The director's commentary track for Daring Fireball. Long digressions on Apple, technology, design, movies, and more.
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Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
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