| Emilia David / The Verge: |
Meta announces its next-generation Meta Training and Inference Accelerator chips for AI training, and says MTIA v1 and the new chips are both now in production — Meta promises the next generation of its custom AI chips will be more powerful and able to train its ranking models much faster.| Jeff John Roberts / Fortune: |
The US SEC sends decentralized crypto exchange Uniswap a Wells notice warning that the agency intends to bring an enforcement action against the company — The Securities and Exchange Commission warned Uniswap on Wednesday that it intends to bring an enforcement action against the company … | Amrita Khalid / The Verge: |
The FCC says all but the smallest ISPs must now publish broadband “nutrition labels” on all their plans, ending an eight-year battle between ISPs and the agency — Starting on Wednesday, all but the smallest ISPs will be required to publish broadband “nutrition labels” on all of their plans, the regulator announced.| Sarah Perez / TechCrunch: |
Google plans to make Magic Editor and other AI editing tools, previously limited to Pixel phones and paid users, available to all Google Photos users for free — Google Photos is getting an AI upgrade. On Wednesday, the tech giant announced that a handful of enhanced editing features previously limited … | Sarah Fortinsky / The Hill: |
Rep. Adam Schiff introduced a bill that would require companies training generative AI models to disclose all of the copyrighted work they used to do so — Rep. Adam Schiff (D-Calif.) unveiled legislation on Tuesday that would require companies using copyrighted material to train … | Tris Warkentin / Google for Developers Blog: |
Google adds Gemma variants CodeGemma, for code completion and generation tasks, and RecurrentGemma, to offer researchers faster inference at higher batch sizes — In February we announced Gemma, our family of lightweight, state-of-the-art open models built from the same research and technology used to create the Gemini models.| Ben Thompson / Stratechery: |
| Sankalp Phartiyal / Bloomberg: |
Sources: Apple assembled $14B worth of iPhones in India in the past fiscal year, doubling production YoY; Apple now makes as much as 14% of its iPhones in India — - It now assembles about 1 in 7 of its iPhones from India — That ramp-up suggests an accelerating shift from China| Matt Day / Bloomberg: |
Amazon says it will stop paying developers to create Alexa apps and giving free AWS credits on June 30, 2024; developers can keep monetizing their apps via IAPs — - End of program scraps key element of effort to build app store — Google killed third-party apps for its Assistant in 2022| Reuters: |
Aloha Browser says its EU users jumped 250% in March 2024 after the DMA came into effect; Vivaldi, Ecosia, Brave, DuckDuckGo, and Opera also saw user growth — Independent browser companies in the European Union are seeing a spike in users in the first month after EU legislation forced Alphabet's Google … | Bloomberg: |
Sources: SpaceX's accounting is more “art than a science”, often omitting costs of putting Starlink satellites in orbit to make numbers look better to investors — SpaceX celebrates the satellite business as a money-making venture fueling a quest to launch rockets and reach Mars.| Bloomberg: |
Sources: ByteDance's EBITDA rose ~60% YoY in 2023 to $40B+ and its sales rose from $80B to nearly $120B, passing Tencent's revenue and profit for the first time — - Revenue at TikTok owner also grew substantially in 2023 — Company's US business is being challenged by lawmakers| Sheena Vasani / The Verge: |
Rakuten Kobo announces its first color e-readers, the $220 Kobo Libra Colour and the $150 Kobo Clara Colour, available for preorder now and shipping on April 30 — Rakuten Kobo is launching its first color e-readers, the Kobo Libra Colour and the Kobo Clara Colour.| Jagmeet Singh / TechCrunch: |
Checkr, a 10-year-old startup that offers employee background checks and was valued at $5B in April 2022, has laid off 382 employees, or 32% of its workforce — Checkr, a 10-year-old startup that offers employee background checks and was last valued at $5 billion in April 2022 … | Michael Roddan / The Information: |
Sources: ByteDance misled the Central Bank of Ireland in early 2023, after HSBC shut down the company's bank accounts following a money laundering probe — In early 2023, Irish banking regulators contacted ByteDance with a pointed question: Why was the Chinese internet giant and parent company … | Jess Weatherbed / The Verge: |
Adobe updates Frame.io, adding new workflow and tagging capabilities for project management, in beta for Free and Pro customers on the web, iOS, and iPadOS — Adobe has introduced the latest version of Frame.io, overhauling the cloud-based media collaboration service with oodles of new workflow … | Kurt Wagner / Bloomberg: |
| Wall Street Journal: |
How Ukraine deemed US startups' drones glitchy and pricey, and turned to cheaper Chinese drones; PitchBook: ~300 US drone startups have raised ~$2.5B since 2022 — Drones from American startups have been deemed glitchy and expensive, prompting Ukraine to turn to alternatives from China| Allie Garfinkle / Fortune: |
Israeli cloud security startup Wiz acquires cloud detection and response startup Gem Security, sources say for $350M, after acquiring dev platform Rafft in 2023 — The first time Gili Raanan ever gave Assaf Rappaport a big check, it was in a gas station. — “It was a convenience store … | Vinod Khosla / Financial Times: |
The US is right to target TikTok and prevent a foreign adversary from controlling a platform to deploy “persuasive AI” that can manipulate US citizens and more — Chinese control of a powerful ‘persuasive AI’ tool cannot be tolerated — The writer is the founder of Khosla Ventures| Jane Lanhee Lee / Bloomberg: |
TSMC reports Q1 revenue up 16.5% YoY to ~$18.5B and expects revenue to grow 20%+ in 2024, reversing 2023's slight decline, and a $28B to $32B capex in 2024 — That outperformance lends weight to expectations that the world's most valuable chipmaker will return to solid growth this year … | Mike Wheatley / SiliconANGLE: |
Madrid-based big data observability startup Onum, which launched in 2023, raised a $28M Series A led by Dawn Capital, with participation from Insight and Kibo — Big data observability startup Onum said today it's ready to accelerate its ambitious growth plans after closing on a $28 million early-stage round of funding.
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