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t.co
Fuji Soft's board decided to keep backing KKR's ~$4B buyout offer despite Bain's $4.2B bid, in a rare battle between PE titans over a Japanese software company
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t.co
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2024-10-19
Japan
Sources: last week, Meta fired ~24 staff in LA for using $25 meal credits to buy household items, as it restructures WhatsApp, Instagram, and Reality Labs teams
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t.co
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2024-10-17
Instagram
WhatsApp
UK study: employers running grad schemes received an average of 140 applications for each job in 2024, a record and up 59% YoY, as AI makes applying easier
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t.co
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2024-10-17
AI
How machine learning could have transformative effects on Africa's developing economies and societies, as some critics worry over a deepening digital divide
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t.co
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2024-10-17
Machine Learning
Africa
Open Source Initiative says Meta is “polluting” the term open-source by using it for its Llama models; OSI to publish its definition of open-source AI next week
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t.co
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2024-10-17
AI
Open Source
Sources: Uber has explored a possible bid for Expedia as it seeks to grow into a super app; Expedia, valued at nearly $20B, would be Uber's largest acquisition
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t.co
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2024-10-17
Uber
Elon Musk appears to have won a contest with Indian telecom tycoons Mukesh Ambani and Sunil Bharti Mittal over the awarding of satellite spectrum in India
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t.co
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2024-10-16
India
Elon Musk
NHS doctors warn of safety risks from an outdated IT infrastructure, as the UK government plans to digitize the world's largest publicly funded health service
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t.co
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2024-10-16
How Google plans to deflect and delay the US breakup threat; a remedies ruling is likely in mid-2025 and legal timelines may let it put off any impact for years
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t.co
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2024-10-15
Google
The UK appoints Darktrace co-founder Poppy Gustafsson, who left last month before Thoma Bravo's £4.3B takeover of the cybersecurity firm, as investment minister
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t.co
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2024-10-15
ByteDance confirms laying off hundreds of TikTok content moderators in Malaysia and plans to invest $2B in 2024 in trust and safety; sources: 700+ were laid off
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t.co
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2024-10-15
Malaysia
Sources: Chinese social e-commerce app Xiaohongshu had $200M in net profit on $1B+ revenue in Q1 2024, up from $40M in net profit on ~$600M revenue in Q1 2023
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t.co
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2024-10-15
China
How some architects and designers are creating photorealistic virtual spaces in the metaverse; a study shows 41% of architectural practices use AI in some way
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t.co
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2024-10-15
AI
The UK appoints Microsoft UK CEO Clare Barclay to lead its new Industrial Strategy Advisory Council, which will focus on growing eight sectors, including tech
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t.co
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2024-10-15
Microsoft
LinkedIn says US C-suite users are up 35% and UK C-suite users are up 30% in five years, and their content gets 4x more engagement than other members' content
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t.co
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2024-10-15
LinkedIn
A profile of Alex Gerko, who used an Icelandic supercomputer and 25K AI chips to build XTX, an algorithmic trading firm that handles $250B of daily trades
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t.co
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2024-10-15
AI
A look at challenges for Ireland's role as a data center hub, as energy supply problems and planning hurdles force AWS and others to evaluate alternatives
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t.co
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2024-10-9
Energy
Ireland
The US DOJ's quest to end Google's long-standing dominance remains the stuff of fantasy, as whatever the courts may order, any real reckoning will take years
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t.co
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2024-10-9
Google
Israel compromising Hezbollah pagers shows the West should take hardware security more seriously, especially as most electronics manufacturing shifted to Asia
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t.co
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2024-10-8
Israel
Asia
Manufacturing
Foxconn Chair Young Liu says the company plans to build a plant in Mexico's Guadalajara to make Nvidia GB200 Blackwell AI servers, as tech decouples from China
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t.co
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2024-10-8
China
Mexico
AI
Nvidia
Online gig platforms sought to increase their “take rates” amid slowing growth; PitchBook: Fiverr and Upwork are trading at less than 20% their pandemic peaks
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t.co
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2024-10-8
Upwork
The BBC, ITV, Channel 4, and Channel 5 agree a deal with Amazon to put free streamer Freely, developed by joint venture Everyone TV, on Amazon's US smart TVs
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t.co
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2024-10-7
Amazon
Dealroom: US VCs made up 65% of 2024 VC investments in European defense startups, up from 18% in 2023, for a total of $458M, or 3x+ more than in any prior year
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t.co
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2024-10-7
Europe
Startup
Among US companies founded in the past 20 years, only Meta and Uber have become “scale insurgent”, with $10B in annual revenue and $1B of operating cash flow
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t.co
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2024-10-7
Uber
A look at the fall of Byju's, India's most valuable startup in 2022 with an estimated $22B valuation, as it faces insolvency and lawsuits in India and the US
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t.co
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2024-10-7
India
Startup
As Mark Zuckerberg aims to be politically “neutral”, some argue he's placating critics like Trump; source: Nick Clegg now makes most election policy decisions
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t.co
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2024-10-5
Trump
Zuckerberg
Analysis: London's Met police used facial recognition 117 times in 2024 to August, up from 32 times in total from 2020 to 2023; ~770,966 people were scanned
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t.co
)
2024-10-3
London
Facial Recognition
As Satya Nadella says AI models are becoming “more of a commodity”, OpenAI faces formidable challenges, including burning through cash and intense competition
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t.co
)
2024-10-3
AI
Amazon plans to increase the number of ads on Prime Video in 2025 after not seeing a sharp drop in subscribers since adding advertisements in January 2024
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t.co
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2024-10-3
Amazon
Sources: OpenAI has asked investors to avoid backing rival startups such as Anthropic and xAI, an exclusive funding arrangement to keep its generative AI lead
(
t.co
)
2024-10-3
Startup
AI
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