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One of OpenSea’s biggest investors has marked down by 90% its stake in the struggling non-fungible-token marketplace, implying that the former crypto darling is now valued at $1.4 billion or less on paper. Coatue Management, a New York–based hedge and venture fund, slashed the value of its $120 million stake in the company to $13 million as of the second quarter of this year, according to a document viewed by The Information.
The previously unreported markdown shows how venture investors are reassessing th
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The Information
Mistral AI releases content moderation API powered by its Ministral 8B language model. The €6 billion-valued European AI startup has backing from tech giants Nvidia and Microsoft. The European artificial intelligence powerhouse Mistral AI has announced the release of its new content moderation API, marking a step in its mission to deliver sovereign AI solutions.... Read more » Read more ›
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Apple’s new M4 MacBook Pro is a great computer for its usual $1,599. It’s even better if you nab it for $1,399. | Photo by Antonio G. Di Benedetto / The Verge A laptop is one of the larger tech purchases for most people, so Black Friday is a good time to make that investment. Windows laptops, MacBooks, and even Chromebooks all have their regular cadence of discounts and sales... Read more ›
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An early plan for Dragon Age: Inquisition's climactic Trespasser expansion would have seen players forced to blow up their beloved base, Skyhold. Read more Read more ›
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Despite consulting a designer, planning for weeks, and investing a lot of money, there are five major things I regret about my bathroom remodel. Read more ›
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The Nvidia RTX 4060 hits an all-time low with the Gigabyte RTX 4060 Gaming OC 8G going on sale for $284.97. Read more ›
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From 3rd January 2025, Riot Games will ban content creators for bad "off-platform conduct". Read more Read more ›
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Indian Space Research Organisation (ISRO) chairman S Somanath has reportedly said that startups and private sector have a key role… Read more ›
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Fortnite has just made its Chapter 6 launch trailer available to view in-game, revealing fresh details about the evergreen battle royale's latest revamp. Read more Read more ›
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Black Friday is here, and while there are tons of deals on physical products, you can also find great savings on streaming memberships today. Some of the biggest services have great discounts for new and select returning members this week, including Disney+, Hulu, Paramount+, and Peacock. Note: MacRumors is an affiliate partner with some of these vendors. When you click a link and make a purchase, we may receive a... Read more ›
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The cruise from South Africa to Argentina was due to stop in Antarctica for three days, but the stopover was canceled due to an engine problem. Read more ›
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StackSocial has slashed 87% from the price of a lifetime license to this top-rated creative tool. Read more ›
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Casio has launched a ring that looks like a miniature watch– and it's now officially launching outside Japan. Read more ›
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I've been visiting Disney World for three decades, and I go to the theme parks multiple times a year, but some things aren't worth the money. Read more ›
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Meta is said to be planning a fiber-optic subsea internet cable that will span the world and could cost north of $10 billion. The project, which was originally reported by subsea cable expert Sunil Tagare, could be formally announced early next year. However, sources linked to Meta told TechCrunch that the project is in the early stages. Only a few contractors would be capable of building out that infrastructure and... Read more ›
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Donald Trump has tapped Elon Musk and Vivek Ramaswamy to lead the Department of Government Efficiency. Read more ›
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Putin called Trump "a smart and experienced person," who can find "a solution" to the Ukraine war. Trump previously vowed to end the war in 24 hours. Read more ›
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Apple has ordered M5 chips from TSMC as the company begins production development of its next-generation processor for future devices, claims a new Korean-language report by The Elec. The M5 series is expected to feature an enhanced ARM architecture and will reportedly be manufactured using TSMC's advanced 3-nanometer process technology. Apple's decision to forgo TSMC's more advanced 2nm process for the M5 chip is believed to be primarily due to... Read more ›
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Take home this smart display smart camera bundle for a record low price of just $50 for Black Friday. Read more ›
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The Information
Brightcove, which makes software to help companies create and make money from videos, agreed to be taken private by Italian mobile app operator Bending Spoons for $233 million in cash in a deal expected to close early next year, the companies announced on Monday. The purchase price Bending ... Read more ›
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Last year, the board of now-collapsed fintech startup Synapse Financial Technologies discussed whether to remove the company’s CEO, Sankaet Pathak. At the time, discrepancies in Synapse’s ledgers were piling up, which the board was aware of. Andreessen Horowitz General Partner Angela Strange argued in favor of keeping Pathak in the role based on the belief that founders were best placed to run their companies, according to a person close to... Read more ›
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Gavin Newsom, California’s Democratic governor, announced on Monday that he would reinstate a tax credit for electric vehicle purchases if the incoming Trump Administration removes federal EV tax credits. But the state may not extend the credits to Tesla because of the company’s large market ... Read more ›
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If Taiwan Semiconductor Manufacturing Co. had its way, the chip manufacturing powerhouse would be a neutral party in the battle between the U.S. and China for technological supremacy—a semiconductor version of Switzerland, one TSMC executive told The Information. Unfortunately, the company may find it increasingly tough to avoid picking a side. Last month, the U.S. Commerce Department launched an investigation into whether TSMC was still producing chips for Chinese tech... Read more ›
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Uber announced a new service on Tuesday to help companies label their data and train artificial intelligence models. Through the new service, Scaled Solutions, Uber will hire data labelers on contract to provide companies with human-written annotations, such as descriptions of images or rankings ... Read more ›
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Apple’s desire to make its products thinner could dampen sales in China if its engineers can’t overcome a design hurdle with the slim iPhone planned for release next fall—it can’t fit a physical SIM card tray, which is required in China. Apple plans to release its slim iPhone next year, alongside new versions of its traditional models, aiming to rejuvenate iPhone sales by providing customers with a compelling reason to... Read more ›
1
The judge overseeing Google’s search antitrust case warned that he doesn’t want to delay the upcoming trial of remedies to deal with Google’s illegal search monopoly, now scheduled for the spring. At a status conference for the case on Tuesday, the judge said the incoming presidential ... Read more ›
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It’s a bit early to be offering predictions for 2025, but here goes anyway. Chances are very good that sometime next year we’re going to hear a bunch of complaints about newly released Apple iPhones dropping calls more often than previous models did. In other words, we’re in for a repeat of the “Antennagate” brouhaha of 2010, when similar connectivity issues on the new iPhone 4 became a big story.Assuming... Read more ›
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In September, Instagram unveiled a splashy new feature called Teen Accounts, an effort by Meta Platforms, the app’s owner, to show it’s better protecting young people with stricter privacy and safety settings. Suddenly, everyone on the app who had registered their age as 17 years or younger found themselves with an Instagram teen account, which is set to private by default and has stricter content and messaging restrictions. As teens... Read more ›
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Two startups that compete with major cloud providers by renting out servers with chips made by Nvidia are seeking fresh financing, underscoring the capital demands and investor interest for artificial intelligence companies continues. Together AI, a two year-old startup that rents out such ... Read more ›
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Most popular sources
Tech Wire Asia
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33% 11 |
Business Insider
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24% 4 |
CNET
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7% 0 |
TechRadar
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4% 2 |
Gizmodo
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4% 0 |
| View sources » | |
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29.11.2024 11:51
Last update: 11:46 EDT.
News rating updated: 18:41.
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