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TikTok has told employees it plans significant layoffs in its operations and marketing teams this week, according to current employees.
The precise number of job cuts could not be learned, but the employees said the layoff will affect a large percentage of the roughly 1,000 people working in TikTok's global user operations, content and marketing. TikTok plans to disband its global user operations team, which handles user support and user communications, among other things; the team’s remaining employees wi
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The Information
AI labs racing to surpass human intelligence have become the subject of reports that challenges are getting between their models and their mission. Read more ›
1,494 fresh
Qualcomm's interest in acquiring Intel is cooling due to the complexity of the deal, Intel's debt, and regulatory hurdles. However, according to Bloomberg, Qualcomm may still explore acquiring certain divisions of Intel to expand into markets like PCs and networking. Tom's Hardware reports: [T]he proposed acquisition faced significant obstacles, including Intel's $50 billion debt, dropping CPU market share, and its struggling semiconductor manufacturing unit, an area where Qualcomm lacks expertise.... Read more ›
1,310 fresh
PayPay and Alipay+ announced an extended partnership at the Singapore FinTech Festival 2024, to increasing merchant coverage across Japan. PayPay, Japan’s leading QR payment operator, and AliPay+, Ant International’s mobile payment method that helps merchants reach shoppers in Asia, will now connect over three million local merchants to the global payment ecosystem. The extended partnership... Read more » Read more ›
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"With DOGE coming out, people are absolutely looking to drive more economies of scale and more efficiency," Workday's CEO said on Tuesday. Read more ›
573 fresh
Daring Capital, a UK impact investor network, has invested €1.2 million in purpose-driven startups during its first year. Launched in August 2023 by Jem Stein, the company has prioritised support for female founders, who received 95% of the capital, and 76% to Black and Racially minoritised founders. The investment aims to back overlooked entrepreneurs building ... Read more ›
450 fresh
Trump's early tariff announcements on Mexico, Canada, and China are just the "opening move," wrote one trade-focused attorney. Read more ›
403 fresh
Some federal workers are worried, some are optimistic, and most are considering their other career options, said 10 who spoke with BI. Read more ›
384 fresh
"You don't have to keep a human being alive, which means you can be a lot faster and you can move a lot more quickly," Andreessen told Joe Rogan. Read more ›
364 fresh
ChatLicense, a Dutch startup that helps kids and parents navigate online life, won the Global Impact Challenge hosted by Singularity University and SYNC Ithra earlier this month. The challenge sought to crown a startup developing solutions in the fields of misinformation, cyberbullying, and social polarisation, and ChatLicense won out of more than 500 global entries. ... Read more Read more ›
286 fresh
Select customers can get a Hulu plan for $0.99 per month for 12 months, just by signing up. Get more details on this and other great deals below. Read more ›
261 fresh
Nintendo's Switch might be nipping at its heels, but PlayStation 2 continues to hold the record as the best-selling console of all time - with Sony now confirming the machine has shifted a whopping 160m units since launching all the way back in March 2000. Read more Read more ›
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Discover how APIs are reshaping finance, driving innovation, efficiency and enhanced customer experiences. Read more ›
208 fresh
The flagship Raspberry Pi 5 is now at the heart of the Compute Module 5, offering a significant speed boost over the CM4! Read more ›
191 fresh
Adams added that the storyline for his character, Michael Ross, had played out by the end of season 7. Read more ›
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The FCC said it has approved a license for T-Mobile and SpaceX's Starlink to provide supplemental coverage to cover internet dead zones. Reuters reports: The license marks the first time the FCC has authorized a satellite operator collaborating with a wireless carrier to provide supplemental telecommunications coverage from space on some flexible-use spectrum bands allocated to terrestrial service. The partnership aims to extend the reach of wireless networks to remote... Read more ›
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"He has a good meal program there at San Diego State, but he says it just doesn't taste the same as it does at home," Guy Fieri said. Read more ›
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Ukraine said it's recalling a batch of 120mm artillery shells, typically used as mortar rounds, as it seeks to boost its ammo-producing industry. Read more ›
130 fresh
Photo by Sean O’Kane / The Verge Porsche is not ready to turn in its gas caps for charging ports just yet. The company reportedly plans to launch more internal combustion engine models due to a slowdown in EV sales, according to Automotive News Europe. The automaker’s CFO, Lutz Meschke, told the outlet, “What is clear is that we are sticking with the combustion engine for much longer.” As Car... 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 ›
23
OpenAI is preparing to launch a frontal assault on Google. The ChatGPT owner recently considered developing a web browser that it would combine with its chatbot, and it has separately discussed or struck deals to power search features for travel, food, real estate and retail websites, according to people who have seen prototypes or designs of the products. OpenAI has spoken about the search product with website and app developers... Read more ›
17
To call the last two years “tepid” for tech initial public offerings would be an understatement. In the wake of a record-smashing high in 2021, IPO deal proceeds plummeted 94% in 2022 and have been slow to recover. But 2025 could be looking up, with some big names likely to hit exchanges. At a recent event about artificial intelligence’s impact on the IPO market, Anita Ramaswamy, The Information’s financial analysis... Read more ›
16
There’s a lot of excitement around artificial intelligence disrupting search. Consumers and businesses increasingly use AI tools in lieu of traditional search engines such as Google. OpenAI has added search features to ChatGPT, Meta Platforms is crawling and indexing the web for its Meta AI chatbot and the AI search startup Perplexity is nearing a $9 billion valuation. A host of other AI companies provide information about current events in... Read more ›
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OpenAI has discussed powering artificial intelligence in Samsung devices, similar to a deal the AI developer has with Apple, The Information reported. The discussions are part of a multipronged attack by OpenAI on Google, which is Samsung’s most important partner in using the Android ... Read more ›
9
Last week, YouTube began introducing jewels, virtual tips that fans can buy to send creators during livestreams. YouTubers can exchange these tips for cash, a penny per jewel. The Google-owned video site is the latest to get into live tipping, which has been popular for years on Twitch. As the chart below shows, most major social apps are now offering digital tips for live streamers which generally cost about a... Read more ›
6
Amazon on Thursday added a temporary 50% discount to all orders made through its new Temu competitor, Amazon Haul. The aggressive discounting coincides with the holiday shopping season and comes one week after Amazon launched Haul, which features a Temu-like assortment of cheap products like $3 ... Read more ›
5
Here’s a question of paramount importance in AI: what if large language models could continue learning new information even after they’re done training? That’s the question that researchers at Writer, a $2 billion-valuation startup developing AI tools for enterprises, found themselves asking six months ago. Those researchers have now developed a new type of LLM, called “self-evolving LLMs,” that they claim can continue learning and updating its parameters, or the... Read more ›
2
Most popular sources
Business Insider
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21% 12 |
Wired
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10% 6 |
The Verge
|
8% 2 |
Android Authority
|
7% 4 |
Tech Wire Asia
|
7% 3 |
| View sources » | |
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27.11.2024 05:39
Last update: 05:30 EDT.
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