April 15, 2024, 8:20 AM

Top News

Global smartphone shipments in Q1 2024 grew 7.8% YoY to 289.4M units; iPhone shipments fell 9.6% YoY, more than any other top brand, and Xiaomi grew 33.8% YoY  —  Worldwide Quarterly Mobile Phone Tracker , global smartphone shipments increased 7.8% year over year to 289.4 million units in the first quarter of 2024 (1Q24).
Financial Times:
The US awards Samsung $6.4B in CHIPS Act funding and says the company plans to make 2nm chips at its Taylor, Texas plant by 2026, two years ahead of TSMC  —  South Korean group set to outdo rival TSMC with cutting-edge 2nm chip production in US by 2026 as part of $40bn investment
Kamila Wojciechowska / Android Authority:
Source: Google's new Pixel 9 series, next-generation Pixel Fold, and an under-development 5G tablet will use a new Samsung modem that has satellite connectivity  — WKDVec  —  Most people don't consider the modem when considering buying a new phone, and why should they?
OpenAI opens a Tokyo office, releases a Japanese language GPT-4 model, and taps former president of AWS's Japan arm Tadao Nagasaki to lead an enterprise push  —  OpenAI named the former president of Amazon Web Services's Japan arm to spearhead its push to woo enterprise clients in the world's fourth-largest economy.
Joseph Politano / Apricitas Economics:
An overview of Bureau of Labor Statistics data, which shows California's percentage of US tech jobs has continued to steadily decline since 2020  —  The Golden State Used to Dominate Tech Employment—But Its Share of Total US Tech Jobs has Now Fallen to the Lowest Level in a Decade  —  Thanks for reading!
Meta plans to temporarily shut down Threads in Turkey from April 29 to comply with an interim order prohibiting data sharing between Threads and Instagram  —  To comply with an interim order of the Rekabet Kurumu/Turkish Competition Authority (TCA), we will shut down Threads in Türkiye from Monday 29 April.
More: Reuters
Olivia Poh / Bloomberg:
Singapore-based used car marketplace Carro raised ~$100M in pre-IPO funding at a $1.5B+ valuation and reports its first annual operating profit  —  - Used-vehicle platform courts investors with profit pledges  — Carro vies with Malaysia's Carsome for region's top spot
More: Tech in Asia
Echo Wang / Reuters:
Source: cloud data management startup Rubrik plans to sell 23M shares priced between $28 and $31 each, raising up to $713M and reaching a $5.4B valuation  —  Cybersecurity software firm Rubrik, which counts Microsoft (MSFT.O) among its prominent investors, is aiming to raise as much as $713 million …
More: Bloomberg
Hannah Giorgis / The Atlantic:
A look at BlackPlanet, a social network for African Americans that went live in 1999, had ~15M users in 2008, and arguably laid the foundation for Black Twitter  —  Revisiting BlackPlanet, and a lost era when social media was still fun  —  A few years ago, Stephanie Williams and her husband fielded …

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Pilita Clark / Financial Times:
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Earlier Picks

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New York Times:
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