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It’s been pretty bleak for venture capitalists in China over the last two years. U.S. pensions and endowments halted investments. Existing investors demanded cash distributions. Fundraising plunged. But lately China’s venture capitalists have decided they can’t wait until the downturn passes to hit the fundraising circuit.Several China-based fund managers are raising new U.S. dollar-denominated funds, according to a limited partner and a fundraising adviser who have spoken with these fund managers.Lanchi Ve
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The Information
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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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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"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 ›
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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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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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The Tesla CEO went after the F-35, calling crewed fighter jets "obsolete in the age of drones," but uncrewed technology isn't there yet. Read more ›
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Illustration by Cath Virginia / The Verge If you’re looking to catch up on recent shows and movies — including Shogun, The Penguin, and Dune: Part Two — the upcoming holiday weekend is the perfect time to do so. Thankfully, multiple streaming services are slashing subscription prices ahead of Black Friday and Cyber Monday, including Max, Hulu, and others. Right now, for example, you can sign up for a year... Read more ›
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Nandan Nilekani says small language models trained on specific data are ‘quite effective’ Read more ›
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Five of the top business schools enrolled fewer underrepresented minority students in the year since the Supreme Court overturned affirmative action. Read more ›
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ISPs tell FCC that mistreated users would switch to one of their many other options. Read more ›
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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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President-elect Trump announced on Monday plans to levy 25% tariffs on goods from Canada and Mexico. Read more ›
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Another legal complication may have surfaced in The Onion’s bid to buy the Infowars empire from bankrupt conspiracy media mogul Alex Jones. X filed a limited objection to the transfer of Infowars’ X accounts to the satirical media empire in a federal Bankruptcy Court on Monday. The objection claims that X Corporation’s terms of service states “the Trustee cannot sell, assign or otherwise transfer such license absent X Corp.’s consent,”... Read more ›
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A recent neo-Nazi rally in Columbus, Ohio drew national attention—but it was just one of dozens that increasingly emboldened white power groups have held this year. Read more ›
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Eric Schmidt said the emotionally and physically "perfect" AI girlfriend may lead young male users to become obsessed with the chatbot. Read more ›
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Image: Cath Virginia / The Verge These days, Black Friday isn’t so much a single-day shopping holiday as it is an ever-expanding, monthslong event that often begins as early as October. The 24-hour deal blitz that once was the focus of newspaper headlines and mobs outside of stores is no more, which makes knowing when and where you should be spending your cash all the more confusing. Luckily, we’re here... Read more ›
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Drake and Kendrick Lamar's ongoing feud has mostly been a war of words, fought online. With several court filings this week, Drake aimed to take it to a different venue. Read more ›
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Since 2006, Apple has partnered with the (RED) brand to raise money for The Global Fund, an organization that aims to combat diseases such as HIV/AIDS, tuberculosis, and malaria in Africa. Through this partnership, Apple has long offered a (PRODUCT)RED color option for some products, but it has scaled back this effort over the past few years. The only current-generation (PRODUCT)RED product that Apple sells new is the iPhone SE... Read more ›
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Here are some hints — and the answers — for Connections No. 535 for Wednesday, Nov. 27. 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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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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Most popular sources
Business Insider
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31% 4 |
Wired
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10% 7 |
Tech Wire Asia
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7% 5 |
The Verge
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6% 1 |
Gizmodo
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6% 0 |
| View sources » | |
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27.11.2024 01:37
Last update: 01:21 EDT.
News rating updated: 08:32.
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