April 15, 2024, 11:50 AM

Top News

Global smartphone shipments grew 7.8% YoY to 289.4M in Q1 2024; iPhone fell 9.6% YoY, more than all top brands, Xiaomi grew 33.8% YoY, and Samsung retook first  —  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 up to $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
OpenAI opens a Tokyo office, releases a Japanese language GPT-4 model, and taps former President of AWS Japan Tadao Nagasaki to woo enterprises in the country  —  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.
Nilay Patel / The Verge:
Q&A with Dropbox CEO Drew Houston on adding AI tools, evolving beyond file syncing, rejecting Steve Jobs' buyout offer, online storage, remote working, and more  —  Leaders can't ‘keep mashing the go back to 2019 button.’  —  Today, I'm talking with Dropbox CEO Drew Houston.
Tony Romm / Washington Post:
AT&T, Charter, Comcast, and Verizon quietly lobby to weaken a $42.5B program to improve US internet access, aiming to block new rules on poor customers' bills  —  As Washington readies the largest burst of broadband funding in U.S. history, AT&T, Verizon and their allies are lobbying hard against lower prices for consumers
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 …

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More News

Hannah Giorgis / The Atlantic:
Joseph Politano / Apricitas Economics:

Earlier Picks

Kamila Wojciechowska / Android Authority: