Month: August 2023

Uber reports Q2 revenue up 14% YoY to $9.23B, gross bookings up 16% YoY to $33.6B, and a $394M net income, up from a $2.6B loss in Q2 2022, its first profit (Preetika Rana/Wall Street Journal)

Preetika Rana / Wall Street Journal: Uber reports Q2 revenue up 14% YoY to $9.23B, gross bookings up 16% YoY to $33.6B, and a $394M net income, up from a $2.6B loss in Q2 2022, its first profit  —  Ride-hailing and delivery businesses grew in the second quarter, though freight shrank  —  Uber Technologies posted

0Shares
Read More
After Curve disclosed a hack, CRV dropped by ~25% in three days, prompting fears of wider market turbulence; DefiLlama: crypto using Curve fell ~50% to $1.9B (Bloomberg)

Bloomberg: After Curve disclosed a hack, CRV dropped by ~25% in three days, prompting fears of wider market turbulence; DefiLlama: crypto using Curve fell ~50% to $1.9B  —  – Curve’s native CRV coin posted three-day, 25% slump after hack  — Drop raised concerns about wider fallout from platform’s woes

0Shares
Read More
Sources: under pressure from the EU, Meta offers to seek user consent in Europe for targeted ads based on users’ digital activity as soon as October 2023 (Sam Schechner/Wall Street Journal)

Sam Schechner / Wall Street Journal: Sources: under pressure from the EU, Meta offers to seek user consent in Europe for targeted ads based on users’ digital activity as soon as October 2023  —  Under pressure from regulators, the Facebook and Instagram owner proposes asking users to opt in before targeting ads with their digital

0Shares
Read More
Your Google data and YouTube videos will be easier to migrate after GDPR challenge

Google Takeout is getting new features that will allow users to upload their Google account data to third-party services. | Illustration: The Verge Google is making it easier to backup and transfer your personal data between third-party services, in response to a GDPR investigation by Italy’s AGCM competition watchdog. In a press release announcing the

0Shares
Read More
Pearson plans to launch generative AI study tools for the upcoming academic year, including an “On a Tight Schedule” feature to summarize key learning points (Charlotte Hughes-Morgan/Bloomberg)

Charlotte Hughes-Morgan / Bloomberg: Pearson plans to launch generative AI study tools for the upcoming academic year, including an “On a Tight Schedule” feature to summarize key learning points  —  – ChatGPT-style features will be added to Pearson+ and Mastering  — New AI tools will not give students a ‘shortcut to an answer’

0Shares
Read More
Using Trigonometric Functions In CSS

Often neglected as ‘merely a styling language’, CSS contains a wealth of functions built right into the browser’s rendering engine that can perform everything from animations to typography and even mathematical operations, with more added each year. Screenshot of the output of the basic rotating dots example using CSS. In a tutorial [Bramus] takes us

0Shares
Read More
A look at South Korea’s position in the tech “cold war”, as the country pivots away from China’s economy and prepares to comply with the US-led China chip ban (Christian Davies/Financial Times)

Christian Davies / Financial Times: A look at South Korea’s position in the tech “cold war”, as the country pivots away from China’s economy and prepares to comply with the US-led China chip ban  —  Washington is courting chipmakers and battery manufacturers with large subsidies but demanding they loosen ties with their other major market

0Shares
Read More
Sources: Meta plans to launch a range of AI chatbots dubbed “personas” that exhibit personalities as soon as September, to boost engagement on its platforms (Financial Times)

Financial Times: Sources: Meta plans to launch a range of AI chatbots dubbed “personas” that exhibit personalities as soon as September, to boost engagement on its platforms  —  Facebook owner seeks to seize on hype for AI while challenging rivals such as OpenAI, Snap and TikTok

0Shares
Read More
China restricts civilian drone exports, citing Russia’s war in Ukraine and concern about military use; DJI pulled out of Russia and Ukraine in April 2022 (Joe McDonald/Associated Press)

Joe McDonald / Associated Press: China restricts civilian drone exports, citing Russia’s war in Ukraine and concern about military use; DJI pulled out of Russia and Ukraine in April 2022  —  China imposed restrictions Monday on exports of long-range civilian drones, citing Russia’s war in Ukraine and concern that drones might be converted to military

0Shares
Read More
Sources: senior EU and US officials are concerned about China’s accelerated push into the production of older-generation chips made with 28nm equipment or above (Bloomberg)

Bloomberg: Sources: senior EU and US officials are concerned about China’s accelerated push into the production of older-generation chips made with 28nm equipment or above  —  – China is building more plants than others despite US sanctions  — Officials are worried about impact on domestic chip plans

0Shares
Read More
Sources: senior EU and US officials are concerned about China’s accelerated push into the production of older-generation chips made with 28nm equipment or above (Bloomberg)

Bloomberg: Sources: senior EU and US officials are concerned about China’s accelerated push into the production of older-generation chips made with 28nm equipment or above  —  – China is building more plants than others despite US sanctions  — Officials are worried about impact on domestic chip plans

0Shares
Read More
A regulatory disclosure shows that Fidelity has halved the valuation of Indian business messaging startup Gupshup to $697M, down from $1.4B in July 2021 (The Economic Times)

The Economic Times: A regulatory disclosure shows that Fidelity has halved the valuation of Indian business messaging startup Gupshup to $697M, down from $1.4B in July 2021  —  Fidelity Blue Chip Growth Fund’s stake in the San Francisco-headquartered startup was valued at nearly $11.09 million as of April 30, 2023, which it successively marked down.

0Shares
Read More
DoubleVerify, which offers software for digital media measurement and analytics, agrees to acquire digital ad campaign optimization company Scibids for $125M (Ray Schultz/MediaPost)

Ray Schultz / MediaPost: DoubleVerify, which offers software for digital media measurement and analytics, agrees to acquire digital ad campaign optimization company Scibids for $125M  —  DoubleVerify is acquiring Scibids, a digital campaign optimization firm.  —  The cash-and-stock transaction is valued at $125 million …

0Shares
Read More
The BBC launches social.bbc, an “experimental” Mastodon server with posts from a handful of BBC accounts, and says it will try out the server for six months (Emma Roth/The Verge)

Emma Roth / The Verge: The BBC launches social.bbc, an “experimental” Mastodon server with posts from a handful of BBC accounts, and says it will try out the server for six months  —  The BBC has launched its own “experimental” Mastodon server, marking one of the first major news outlets to establish an instance on

0Shares
Read More
Best Portable Safe Box of 2023

Many companies featured on ReadWrite partner with us. Opinions are our own, but compensation and in-depth research determine how products may be selected and ranked. Learn more about how we make money. Welcome to our comprehensive guide on the best portable safe boxes for 2023. Portable safes offer a convenient solution for keeping your valuables secure

0Shares
Read More
Nematodes From the Siberian Permafrost Woke Up After a 46,000 Year Long Nap

The general consensus among us mammals is that if we get very cold, we die. Within the world of nematodes, however, they’d like to differ on that viewpoint. This is demonstrated succinctly after researchers coaxed a batch of these worms back into action after they had been frozen in Siberian permafrost for an estimated 46,000

0Shares
Read More
Seoul-based Finda, which runs an online loan comparison service, raised a ~$37M Series C from JB Financial and 500 Global; Finda brokered ~$3B in loans in 2022 (Shruti Khairnar/FinTech Futures)

Shruti Khairnar / FinTech Futures: Seoul-based Finda, which runs an online loan comparison service, raised a ~$37M Series C from JB Financial and 500 Global; Finda brokered ~$3B in loans in 2022  —  South Korean fintech Finda, which operates a loan comparison platform, has secured $37 million (KRW 47 billion) in Series C funding from

0Shares
Read More
The California Privacy Protection Agency plans to review manufacturers’ treatment of data collected from vehicles, including locations and images from cameras (Joseph Menn/Washington Post)

Joseph Menn / Washington Post: The California Privacy Protection Agency plans to review manufacturers’ treatment of data collected from vehicles, including locations and images from cameras  —  Modern cars are computers filled with data, with few clear manufacturer policies on what happens to it

0Shares
Read More
Sources: Nintendo plans to release a new console in H2 2024, with portable mode, an LCD screen, and a cartridge slot; key partners already have development kits (Andy Robinson/Video Games Chronicle)

Andy Robinson / Video Games Chronicle: Sources: Nintendo plans to release a new console in H2 2024, with portable mode, an LCD screen, and a cartridge slot; key partners already have development kits  —  Development kits for Nintendo’s next console are now with key partner studios, with launch planned for next year, sources have told

0Shares
Read More