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September 9, 2024, 12:55 PM
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Paul Alcorn / Tom's Hardware:
AMD announces it will eventually move to a unified UDNA GPU architecture, bringing RDNA and CDNA together, as it hopes to rival Nvidia's CUDA ecosystem  —  By Paul Alcorn Contributions from Jarred Walton published  —  Two become one.  —  Here in Berlin, Germany, at IFA 2024, AMD's Jack Huynh …
Washington Post:
The US DOJ's case against Google's ad business may benefit Meta, Amazon, and news organizations that pay Google a cut of revenue for brokering their website ads  —  Federal prosecutors are seeking a divestment of Google's multibillion-dollar online advertising business, saying its monopoly power harms advertisers and publishers.
Dan Primack / Axios:
Source: Sequoia Capital completed its $861M purchase of Stripe shares from Sequoia limited partners last week; Stripe didn't receive any proceeds  —  - It also could become a model for how VC firms deal with long-in-the-tooth portfolio companies. … - Some LPs exited completely …
The Verge:
A live blog of Apple's event, where four new iPhones are expected and rumors suggest a new Apple Watch and AirPods models could be announced  —  We're here with the latest on Apple Intelligence, iPhones, Apple Watches, and AirPods. … It's glowtime, baby.
Kyle Wiggers / TechCrunch:
Automation and IT monitoring company Progress agrees to acquire Raleigh-based file management platform ShareFile for $875M in cash and credit  —  Progress, a Bedford, Massachusetts-based software firm, on Monday announced that it intends to acquire file management platform ShareFile for $875 million in cash and credit.
Ivan Mehta / TechCrunch:
Bending Spoons plans to lay off 75% of WeTransfer staff after acquiring the file-sharing service in July 2024; WeTransfer reportedly has 350+ employees  —  Italy-based app company Bending Spoons, which owns Evernote and Meetup, is planning to lay off 75% of the staff of file transfer service WeTransfer, TechCrunch has learned.
Jack Apollo George / The Guardian:
A writer who works for a tech company describes how he helps train AI models how to write, by making up pretend responses to hypothetical chatbot questions  —  Journalists and other writers are employed to improve the quality of chatbot replies.  The irony of working for an industry …
Ryan Browne / CNBC:
Skype co-founder Niklas Zennström's Atomico raised $1.24B for its sixth batch of new funds, including a $754M growth-stage fund and a $485M early-stage fund  —  LONDON — Atomico, an early investor in top European technology firms from Stripe to Klarna, announced Monday the launch …
Taro Fuse / Bloomberg:
Sources: Tokyo-based chip startup Rapidus seeks to raise ~$696M from existing and new investors by issuing new shares to finance its chip development efforts  —  - Government-funded startup is approaching Mizuho, SMBC and DBJ  — Rapidus part of Japan's campaign to regain leadership in chips
More: The Register

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From Mediagazer

Mark Sweney / The Guardian:
Ampere Analysis: UK streaming subscribers on ad-supported tiers will reach 26.5M by the end of 2025, surpassing the 23.1M ad-free subscribers for the first time

The Guardian:
The UK has spent more than £500K since 2024, including £350K by the Department for Education, on 215 influencers to promote government campaigns

Daniel Thomas / Financial Times:
As the BBC fights Trump's $10B lawsuit and ITV plans to combine its broadcasting business with Sky in 2026, a look at the slow death of the UK's TV channels

More News

Earlier Picks

Julie Jargon / Wall Street Journal:
Parents concerned about students' screen time at school are trying to opt their kids out of classroom tech, after working to ban smartphones in the classroom
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