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May 8, 2023, 4:35 PM
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| Ingrid Lunden / TechCrunch: |
Qualcomm acquires Israel-based Autotalks, a fabless chipmaker that improves safety in bikes, cars, and other vehicles, sources say for between $350M and $400M — Qualcomm's longer term bet on the automotive sector as a lucrative customer base for its chips and related communications technology … | Steve Mollman / Fortune: |
OpenAI CEO Sam Altman says “technology is not yet good enough that people can be full remote forever, particularly on startups” — OpenAI CEO Sam Altman isn't averse to change—he helped kickstart the current A.I. race with chatbot ChatGPT, after all, threatening to upend multiple industries …
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Slashdot. LinkedIn:
Andrew Padilla, Scott Panzer, Noah Gift, Sahil Mansuri, and Ahmet Emre Acar. Mastodon:
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| David Pierce / The Verge: |
How Google's attempt to create a better, faster mobile web for media companies with the AMP standard ended up ruining publishers' trust in the internet giant — Google promised to create a better, faster web for media companies with a new standard called AMP. In the end, it ruined the trust publishers had in the internet giant.
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The Verge, Nieman Lab, Digital Content Next, and Pixel Envy
Tweets:
@rustybrick, @emilybell, and @jason_kint
| Akanksha Khushi / Reuters: |
Binance halted bitcoin withdrawals for an hour late on May 7 and for several hours on May 8, blaming heavy volumes and an unanticipated rise in network gas fees — Cryptocurrency exchange Binance halted bitcoin withdrawals for several hours on Monday, citing heavy volumes and a surge in processing fees … | Ryan Browne / CNBC: |
Coinbase CEO Brian Armstrong says the US SEC is on “a lone crusade”, rows back on his suggestion the company may leave the US, and expresses interest in the UAE — - The SEC earlier this year served Coinbase with a Wells Notice. — Brian Armstrong, Coinbase's CEO … | Benjamin Mullin / New York Times: |
Texas mall mass shooting images go viral on Twitter, fueling criticism of lower moderation; Twitter allows some graphic images, like of Russia's war in Ukraine — Graphic images of the attack went viral on the platform, which has made cuts to its moderation team.
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Ars Technica, NBC News, Gizmodo, Daily Mail, The Wrap, and Reuters
Tweets:
@skynews, @brandyzadrozny, @mattbinder, @arictoler, @shayan86, @arictoler, @arictoler, @arictoler, @samfbiddle, @elonmusk, @benmullin, @jwsherrod, @shimonpro, @arstechnica, @vigneshr4m, @travis_view, and @sheeraf
| Jennifer Elias / CNBC: |
Internal documents: Google is planning to announce a number of generative AI updates at Google I/O on Wednesday, including a new general-use LLM called PaLM 2 — - Google's hefty investments in artificial intelligence will be on display at its annual developer conference this week.| Bloomberg: |
Despite China banning crypto in September 2021, citizens, industry insiders, and FTX's creditor lists suggest Chinese residents continue to trade digital assets — Nineteen months after China banned crypto, more signs have emerged that its citizens continue to buy and sell digital assets.
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Cryptonews, Cryptopolitan, Forkast, and Bitcoinist.com
| Isaiah Poritz / Bloomberg Law: |
A US appeals court upholds a lower court's 2019 ruling rejecting Apple's claims that Corellium's CORSEC security tool for simulating iOS violated copyright law — Apple Inc. failed to revive a long-running copyright lawsuit against cybersecurity firm Corellium Inc. over its software …
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Reuters, 9to5Mac, AppleInsider, United States Court of Appeals for the Eleventh Circuit, and Slashdot
Tweets:
@blaw, @fuzzysec, @corelliumhq, @laughing_mantis, @kurtopsahl, @msuiche, @esqueer_, and @isaiahporitz
| Manish Singh / TechCrunch: |
Filing: Invesco marked down the valuation of Swiggy to ~$5.5B in January 2023, from a reported $10.7B in January 2022, when Invesco led Swiggy's Series K — Swiggy, India's top food delivery startup, has raised $700 million in a new financing round, just six months after securing $1.25 billion …
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Livemint, Entrackr, Inc42 Media, and DealStreetAsia
| Ryan Browne / CNBC: |
After Arm shunned a London listing in favor of NYC, some VCs in the UK blame Brexit and local institutional investors who lack a good understanding of tech — - British chip designer Arm recently decided to list in New York, leading to worries that London will miss out on more blockbuster tech IPOs.| Josh Taylor / The Guardian: |
An interview with Jürgen Schmidhuber, whose neural network work in the 1990s went on to be used in Google Translate and Siri, on why many AI fears are misplaced — Jürgen Schmidhuber believes AI will progress to the point where it surpasses human intelligence and will pay no attention to people
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Metaverse Post, 9to5Mac, Forbes, Fox News, and The Guardian
Tweets:
@brianroemmele and @andrew_n_carr
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