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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 …
More: HotHardware, VideoCardz.com, PC Gamer, Benzinga, ExtremeTech, TechPowerUp, WePC, and Guru3D
Forums: r/AMD_Stock and r/hardware
| 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.
More: The Keyword, PYMNTS.com, Tech Policy Press, Politico, Fox Business, Semafor, Forbes, AdExchanger, Jakarta Globe, The Student Lawyer, AdTechRadar, TechSpot, Wall Street Journal, CNN, Business Insider, MSPoweruser, NTD, CNBC, NewsBytes, and MediaPost
X: @theleoterrell, @brianroemmele, and @netchoice
| 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.
More: Triangle Business Journal, Yahoo Finance, and Reuters
| 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.
More: Reuters, PetaPixel, Silicon Republic, Tech Startups, The Verge, TechRadar, and Silicon Canals
Threads: @wesley. X: @om, @quinnypig, @gergelyorosz, and @yasserm86. LinkedIn: Marco Bulgarini. Forums: Slashdot
| Mary Ann Azevedo / TechCrunch: |
Miami-based Finally, which offers bookkeeping, accounting, and finance tools for SMBs, raised a $50M Series B from PeakSpan and secured a $150M credit line — The SMB-focused bookkeeping, accounting and finance startup Finally has raised $50 million in a Series B round of funding and secured …
More: PitchBook, Refresh Miami, and Pulse 2.0
| 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 …
Mastodon: @michellemanafy@journa.host. X: @timkendall_path, @rosenzweigjane, and @martyswant
LinkedIn: Mark Little, Elke Schwarz, PhD, Jason Bissell, and Peter Llewellyn
| Ashley Carman / Bloomberg: |
Audible plans to invite some US-based audiobook narrators to train AI on their voices, cloning them and paying for title recordings via a royalty-sharing model — The audiobook service is inviting some US-based narrators to train artificial intelligence on their voices| George Hammond / Financial Times: |
An interview with Iconiq Capital's Matthew Jacobson on the firm's focus on M&A and secondary markets, investing in startups creating AI “applications”, and more — Investment group that acts as family office of top entrepreneurs bets on M&A and secondary markets
More: Benzinga and PYMNTS.com
| 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 …
More: Atomico, Bloomberg, TechCrunch, EU-Startups, TNW, Sifted, Tech.eu, Tech Startups, Tech Funding News, Silicon Republic, Silicon Canals, and UKTN
| 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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