When bankers working on Armâs impending initial public offering wanted to talk to one of the executives in charge of the SoftBank-owned chip designer, they sometimes heard heavy breathing on the other end of the phone. It was the sound of Jason Child, a longtime Amazon executive who is now Armâs chief financial officer, running up a mountain near his home in Idaho. Armâs upcoming IPO is the 54-year-old Childâs... Read more âș
23
Human resources startup Deel revamped its terms of service, banning several additional types of transactions and effectively ending support for some retail trading websites whose activities have lately drawn the scrutiny of securities regulators. The four-year-old startup, best known for services that help companies hire remote workers, had become popular among websites that run contests based on simulated currency and stock trades; those firms used Deel to pay the winners... Read more âș
0
Snoop into any conversation in Silicon Valley and youâll hear talk of large-language models, wrangling developer credits from OpenAI, the IPO market and whether anyone actually was going to the Apple event (reallyâI was just at a school cocktail party of this nature).What you wonât hear is buzz about the governmentâs biggest antitrust trial in three decades, Google versus the Justice Department. Read more âș
0
Artificial intelligence can be transformative. It can offer increased efficiency, boosted innovation and serious cost savings. But to realize those benefits, CEOs need to take an active hand in making sure the company has the right in-house talent, the right vendors and the right data. Whatâs the best way to go about this? Stephanie Palazzolo, reporter for the Information, partnered with Cognizant to discuss best practices with three data and... Read more âș
2
Aspiring musical artists who wanted to get attention a decade ago could audition for shows like X Factor or Americaâs Got Talent. Then TikTok came along. Artists like the duo Flyana Boss and the rapper Ice Spice gained overnight fame as clips of their songs formed the backdrop of viral videos. Some of these TikTok-famous artists plan to attend the Video Music Awards on Tuesday night, including Saucy Santana and... Read more âș
0
Artificial intelligence developers are undoubtedly lapping up a couple of stories my colleagues published Monday about Nvidia leveraging its hardware dominance to muscle into cloud services and Databricks projecting big corporate spending on artificial intelligence services. But first, todayâs news.The trial over the U.S. Department of Justiceâs antitrust case against Google Search started this morning in Washington, promising to shed light on Googleâs secretive contracts to embed its search engine... Read more âș
41
When speaking about the company he inherited in September 2021, Jim Lanzone is remarkably blunt. âI always knew these products had seen better days,â said Lanzone, the CEO of Yahoo, over a video call in late August. âEven though they still have large audiences, they needed to be modernizedâpretty much every single one of them.â Read more âș
59
Deel, the human resources startup embroiled in a government crackdown on online trading sites, has paused providing payout services to several businesses in the category, as it conducts a review of their operations. An executive at MyFundedFX who identified himself as the firmâs chief operating officer said on Discord that for the next 24 to 48 hours, âwe are unable to process payouts through Deelâ after Deel initiated an âindustry... Read more âș
44
Apple and Qualcomm are like a couple youâre certain will eventually get divorced but, for one reason or another, they keep patching things up, postponing the inevitable. Monday brought news of the latest peace treaty between the two companies with an announcement that Apple will continue to use Qualcommâs 5G cellular modems in iPhones through 2026. There must be clothespins on a lot of noses in Cupertino, Calif., right now.... Read more âș
0
Much of the startup world has gotten a clear message from investors: Stop bleeding cash. Databricks, one of the software startups trying to benefit most from rabid corporate interest in artificial intelligence, is taking a different tackâand getting rewarded for it. Databricks, on the verge of raising a new round of funding at a $43 billion valuation, more than doubled its cash burn last year to $430 million and expects... Read more âș
16
Iâve spent the past two weeks digging into retail websites that call themselves prop or funded trading firms to report on a story about how HR startup Deel has quietly become the default payout provider for traders on these sites. I quickly discovered how much these websites, which proliferated after the meme stock trading craze of 2020-2021, were intertwined with social media, from the siteâs Discord channels to the trader-influencers... Read more âș
37
Last year, Nvidia made an unusual proposal to Amazon Web Services and other cloud providers that have long been the biggest buyers of Nvidiaâs specialized artificial intelligence server chips. Nvidia wanted to lease Nvidia-powered servers in the cloud providersâ data centers so it could turn around and rent the same servers to AI software developers. Those developers included some of the biggest cloud customers in the world. As the discussions... Read more âș
28
Since ChatGPTâs launch last November, much of the discussion around artificial intelligence has shifted from awe and amazement to more pragmatic questions such as how to manage exploding compute costs associated with developing and using it commercially. Luckily, new findings from MLCommons, a non-profit that develops evaluations and datasets for machine learning, may help answer such questions. On Monday, the organization released a benchmark comparing chips and software that power... Read more âș
0
In December last year, Apple CEO Tim Cook traveled to Phoenix, stood with President Joe Biden in front of a high-profile factory Taiwan Semiconductor Manufacturing Co. was constructing and said the facility would produce chips for the iPhone maker. The comments seemed to commit Apple to aid Bidenâs goal of lessening reliance on foreign chipmaking facilitiesânamely in Taiwan, which has been under threat of a takeover or blockade by China.... Read more âș
84
Detroitâs Big Three carmakers and the United Auto Workers union are slugging it out over higher wages, pensions and shorter workdays as a deadline looms this week in their latest four-year round of contract negotiations. But the unseen driver in the strategies of the two sides is survival amid the shift to electric vehicles, the most fundamental retooling of the industry since the introduction of the assembly line more than... Read more âș
0
Hi, welcome to your Weekend.âThe playa doesnât give you what you want. It gives you what you need.â Iâve been hearing that old Burning Man saw around these parts since the early 2000sâmost recently by a participant in this weekendâs cover story, The Instant Oral History of âTrench Foot Burning Man.â But never has the truism seemed more true than at this yearâs Burn. So what did the playa give... Read more âș
0
Adventurer: James Currier, founding partner at NFX, co-founder of Tickle, Wonderhill, IronPearl Escapades: Long-haul sailing, Himalayan treks, snow camping It was 10:40 p.m. one night this June when NFX founding partner James Currierâs 30-foot-long sailboat suddenly lurched sideways, shoved by an unknown force beneath the Mediterranean waves. Currier, who was sailing from Portugal to Greece with two of his four sons, kept one eye on the rocky shore, which grew... Read more âș
42
Itâs day 3 of the Flexport CEO shakeup saga, which seems the perfect set up for a corporate TV drama, if only Hollywood writers werenât on strike. Todayâs developments included Flexport founder and once-again CEO Ryan Petersen not-so-subtly criticizing the management of Dave Clark, the former Amazonian ousted as Flexport CEO on Wednesday after a year in the job. Petersen tweeted today that he was rescinding 75 job offers for... Read more âș
6
Some of the most active startup investors have been hanging a âfor saleâ sign on their portfolios at a time when venture investors are finding it increasingly difficult to raise new venture funds. Insight Partners has considered selling a stake valued at $400 million in Left Lane Capital, a consumer-focused venture capital firm founded by a former Insight principal, according to a person with direct knowledge of the matter. Insight... Read more âș
43
Burning Man 2023 began on Sunday, August 27, as it normally does: with several days of blistering sunshine, pounding bass and playa dust. Then, between Friday and Saturday, a surprise deluge hit northwest Nevadaâdumping two monthsâ worth of rain in 24 hoursâand things really began to get interesting. Justin Kan, general partner at Goat Capital and co-founder of Twitch: This is my 10th year at Burning Man. Monday through Friday... Read more âș
0
Most popular sources
Business Insider
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26% 4 |
Tech Wire Asia
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26% 9 |
Eurogamer.net
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5% 2 |
Android Authority
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5% 1 |
The Verge
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4% 1 |
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30.11.2024 02:27
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