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December 2, 2024, 9:35 AM
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| Kyle Wiggers / TechCrunch: |
Intel says CEO Pat Gelsinger retired and left its board on December 1, and names CFO David Zinsner and Client Computing Group GM Michelle Holthaus as co-CEOs — Intel has announced that CEO Pat Gelsinger has retired, effective December 1, and stepped down from the company's board of directors.
More: Intel Corporation, The Verge, Oregonian, Financial Express, Investor's Business Daily, Tom's Hardware, XDA Developers, CRN, Wall Street Journal, Financial Times, Business Insider, Bloomberg, Reuters, Associated Press, CNBC, Quartz, NBC News, WinBuzzer, Digital Trends, Barron's Online, and Yahoo Finance
Bluesky: @caro-milanesi, @jamesaltonsanders.com, @anildash.com, @quinnypig.com, and @bdsams.com
| Kyle Wiggers / TechCrunch: |
AWS launches Data Transfer Terminal to let customers upload their data to AWS Cloud by plugging in their storage devices at a set of physical locations — At its re:Invent 2024 conference in Las Vegas, Amazon on Sunday announced a somewhat unusual new service for Amazon Web Services (AWS) … | Belle Lin / Wall Street Journal: |
AWS CEO Matt Garman kicks off his first re:Invent event by discussing upcoming “real, needle-moving” announcements, no end for the AI race, Anthropic, and more — As the cloud-computing leader kicks off its re:Invent conference, Chief Executive Matt Garman says there is no end in sight to the artificial intelligence race
More: CRN and SiliconANGLE
| Kyle Wiggers / TechCrunch: |
AWS announces Security Incident Response, a service to help clients prepare for, respond to, and recover from cybersecurity events, including ransomware attacks — Companies often struggle with how to respond to cybersecurity incidents. According to one recent poll, only three …
More: Silicon Republic, Help Net Security, and WinBuzzer
| Wall Street Journal: |
The US adds new HBM chip transfer restrictions for China, the fourth attempt in three years to curb China, and adds 140 Chinese companies to its trade blacklist — Export of memory chips used in AI applications is restricted, but delayed announcement gives Chinese companies chance to stock up| Jowi Morales / Tom's Hardware: |
OpenWrt releases the $89+ OpenWrt One router, a “hacker-friendly device” with open-source firmware, two Ethernet ports, three USB ports, and dual-band Wi-Fi 6 — This ‘Unbrickable’ router should never fail you. … The group worked together to draft the specifications for this router … | Financial Times: |
OpenAI CFO Sarah Friar says the startup is weighing up an ads model, but plans to be “thoughtful”; sources say OpenAI has hired ad talent from Meta and Google — ChatGPT maker hires advertising talent from big tech rivals — OpenAI is discussing plans to introduce advertising …
More: PYMNTS.com, Proactive, and WinBuzzer
| Sidhartha Shukla / Bloomberg: |
CoinGecko: Ripple-linked XRP's market cap passes $137B to become the third-largest cryptocurrency, up from less than $30B on November 5 when Donald Trump won — - The cryptocurrency gained as much as 15% Monday to hit $2.50 — Since the US election it has added over $100 billion in value
More: Tech in Asia
| Laura Dobberstein / The Register: |
The UN's ITU and the International Cable Protection Committee announce a 40-member global advisory body to support the resilience of submarine telecom cables — On the same day that a submarine cable suspected of having been cut by a Chinese ship was repaired, two major telco bodies convened …
More: The Record, ITU, and Total Telecom
| Cristina Criddle / Financial Times: |
Social media videos showing layoffs are now commonplace, especially by younger workers, forcing companies to face the spotlight; TikTok's #layoff has 32K+ posts — Gen Z workers posting redundancy videos are trending — but can harm their future prospects — An unexpected online meeting appeared …
More: Dexerto
| Mark Bergen / Bloomberg: |
Amsterdam-based Nebius, which rebranded from Russian internet giant Yandex and offers cloud AI tools, raised $700M from Nvidia, Accel, and others — Nebius Group NV, the technology company rebranded from Russian internet giant Yandex, has raised $700 million from a slate of investors including Nvidia Corp. and Accel Partners LP.
More: TechCrunch, CTech, Reuters, Yahoo Finance, Financial Times, and TipRanks Financial
| Ingrid Lunden / TechCrunch: |
New York-based Upwind, which sells tools to secure cloud infrastructure, raised a $100M Series A led by Craft Venture at a $900M post-money valuation — In November, TechCrunch broke the news on how cybersecurity startup Upwind was getting a lot of inbound interest to raise money on a big valuation.
More: Globes Online, CTech, Reuters, and ACCESSWIRE
| Bloomberg: |
Super Micro says an external review by a special committee of its board and external counsel found no evidence of wrongdoing, and plans to appoint a new CFO — The company is looking for a new chief financial officer, chief compliance officer, and general counsel, it said in a statement Monday.Sponsor Posts
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