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May 8, 2023, 5:25 PM
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Mediagazer
memeorandum
WeSmirchTop News
| 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 …
More:
Tech.co and Slashdot
LinkedIn:
Andrew Padilla, Scott Panzer, Noah Gift, Sahil Mansuri, and Ahmet Emre Acar. Mastodon:
@ashedryden@scholar.social
| 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.
More:
The Verge, Nieman Lab, Digital Content Next, and Pixel Envy
Tweets:
@rustybrick, @emilybell, and @jason_kint
| Jennifer Elias / CNBC: |
Internal docs: Google plans to announce generative AI updates at Google I/O on May 10, including launching PaLM 2, a general-use LLM supporting 100+ languages — - Google's hefty investments in artificial intelligence will be on display at its annual developer conference this week.| 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 … | Ashley Capoot / CNBC: |
Palantir Q1: revenue of $525M, up 18% YoY, vs. $506M est., says its Artificial Intelligence Platform for private data sets is coming this month; PLTR up 23%+ — - Shares of Palantir rose as much as 28% in extended trading Monday after the company released first-quarter earnings that beat analysts' estimates on top and bottom lines.
More:
Bloomberg, Reuters, and Barron's Online
| 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.
More:
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 …
More:
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
| 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.| Manish Singh / TechCrunch: |
Filing: Invesco marked down Swiggy's valuation to ~$5.5B in January 2023, from a reported $10.7B valuation in January 2022, when Invesco led Swiggy's Series K — Invesco, which led Swiggy's previous round, has marked down the Indian food delivery giant's valuation in its holding to about $5.5 billion, according to a filing.
More:
Crunchbase News, Livemint, Entrackr, Inc42 Media, and DealStreetAsia
| Munsif Vengattil / Reuters: |
Truecaller plans to make its caller identification service available over WhatsApp and other messaging apps later in May to help users spot potential spam calls — Truecaller (TRUEb.ST) will soon start making its caller identification service available over WhatsApp and other messaging apps … Sponsor Posts
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Zoho:
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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.Featured Podcasts
Grit:
Airwallex's Jack Zhang on Fintech, Failure, and Growth
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Tools and Weapons with Brad Smith:
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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.
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Lenny's Podcast:
OpenAI Codex lead on the new shape of product work | Andrew Ambrosino
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Big Technology Podcast:
Anthropic's Mythos is Back, OpenAI Releases GPT 5.6, Apple's Price Increases
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Hard Fork:
'The Daily' and 'The Opinions': How A.I. Is Changing Loneliness and Taste
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The Upstarts Podcast:
Writer's May Habib: Building AI Tools For Corporate 'Normal People' The Labs Leave Behind
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.
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