Blog

In an interview, Mark Zuckerberg positioned WhatsApp as a “next chapter” for Meta; WhatsApp now has more than 225 Channels that each have 1M+ followers (Mike Isaac/New York Times)

Mike Isaac / New York Times: In an interview, Mark Zuckerberg positioned WhatsApp as a “next chapter” for Meta; WhatsApp now has more than 225 Channels that each have 1M+ followers  —  The messaging app, which Meta bought nearly a decade ago, was an asset that Mr. Zuckerberg largely left alone for a while.  No

Read More
Epic v. Google: internal documents show Activision Blizzard accepted $360M in incentives from Google in 2020 to ensure its games launched on the Play Store (Malathi Nayak/Bloomberg)

Malathi Nayak / Bloomberg: Epic v. Google: internal documents show Activision Blizzard accepted $360M in incentives from Google in 2020 to ensure its games launched on the Play Store  —  – Testimony focused on efforts to lure developers to Google Play  — Billions in revenue are at stake in San Francisco jury trial

Read More
50-Year-Old Program Gets Speed Boost

At first glance, getting a computer program to run faster than the first electronic computers might seem trivial. After all, most of us carry enormously powerful processors in our pockets every day as if that’s normal. But [Mark] isn’t trying to beat computers like the ENIAC with a mobile ARM processor or other modern device.

Read More
Ann Arbor-based autonomous vehicle startup May Mobility, backed by Toyota and BMW, raised a $105M Series D led by NTT Group, taking its total funding to $300M+ (Harri Weber/TechCrunch)

Harri Weber / TechCrunch: Ann Arbor-based autonomous vehicle startup May Mobility, backed by Toyota and BMW, raised a $105M Series D led by NTT Group, taking its total funding to $300M+  —  May Mobility has raised hundreds of millions from some of the biggest names in the auto industry, but if you haven’t heard …

Read More
Samsung unveils a generative AI model called Gauss, which is being used for employee productivity internally and will be expanded to product applications (Cho Mu-Hyun/ZDNet)

Cho Mu-Hyun / ZDNet: Samsung unveils a generative AI model called Gauss, which is being used for employee productivity internally and will be expanded to product applications  —  Samsung has for the first time publicly unveiled its own generative AI model dubbed Samsung Gauss on Wednesday.

Read More
Milan-based Qomodo, which offers multiple payment services to consumers and retailers, including BNPL options, raised a €34.5M pre-seed led by Fasanara Capital (Dan Taylor/Tech.eu)

Dan Taylor / Tech.eu: Milan-based Qomodo, which offers multiple payment services to consumers and retailers, including BNPL options, raised a €34.5M pre-seed led by Fasanara Capital  —  Milan-based payment aggregator Qomodo raises €34.5 million in Pre-Seed funding, offering a variety …

Read More
Google is is bringing generative AI to advertisers

Very clickable good dogs. | Image: Google Google is rolling out new generative AI tools for creating ads, from writing the headlines and descriptions that appear along with searches to creating and editing the accompanying images. It’s pitching the tool for use by both advertising agencies as well as businesses without in-house creative staff. Using

Read More
Google adds generative AI features to its Performance Max ad platform, rolling out first as a beta to all US advertisers by the end of the year (Matt G. Southern/Search Engine Journal)

Matt G. Southern / Search Engine Journal: Google adds generative AI features to its Performance Max ad platform, rolling out first as a beta to all US advertisers by the end of the year  —  Google launches generative AI in Performance Max to help marketers easily create customized text and image ads at scale.

Read More
We Like Big Keyboards and We Cannot Lie

So, let’s say you’re good at DOTA. Like, world-class good. How good do you think you’d be on a keyboard that’s 16 feet long, with a space bar the size of a person? Well, you’d need the rest of your team, that’s for sure. Alienware have created the world’s largest mechanical keyboard and mouse, which

Read More
Document: Coatue cut the value of its $120M stake in OpenSea to $13M as of Q2 2023, implying a valuation of $1.4B or less, down from $13.3B in January 2022 (Kate Clark/The Information)

Kate Clark / The Information: Document: Coatue cut the value of its $120M stake in OpenSea to $13M as of Q2 2023, implying a valuation of $1.4B or less, down from $13.3B in January 2022  —  One of OpenSea’s biggest investors has marked down by 90% its stake in the struggling non-fungible-token marketplace …

Read More
Sources: employees at X are increasingly being asked to spend time working on xAI initiatives, as xAI is using GPUs that once belonged to Twitter (Platformer)

Platformer: Sources: employees at X are increasingly being asked to spend time working on xAI initiatives, as xAI is using GPUs that once belonged to Twitter  —  Today, some notes on how the tech industry’s tectonic shift toward artificial intelligence is playing out inside X — and raising questions …

Read More
Source: Amazon is developing a new LLM, codenamed Olympus, which could be announced by December and may power new features for the online store, Alexa, and AWS (Anissa Gardizy/The Information)

Anissa Gardizy / The Information: Source: Amazon is developing a new LLM, codenamed Olympus, which could be announced by December and may power new features for the online store, Alexa, and AWS  —  Uber is finally on the right road.  That could be Uber CEO Dara Khosrowshahi’s motto today, as the ride-hailing …

Read More
Coupang reports Q3 net revenue up 21% YoY to $6.2B, vs. $5.9B est., net income of $91.3M, vs. $119M est., and active customers up 14% YoY to a record 20.4M+ (Yoolim Lee/Bloomberg)

Yoolim Lee / Bloomberg: Coupang reports Q3 net revenue up 21% YoY to $6.2B, vs. $5.9B est., net income of $91.3M, vs. $119M est., and active customers up 14% YoY to a record 20.4M+  —  – Despite disappointing profit, revenue beats projections  — Korea’s top online mall is stepping up investments in Taiwan

Read More
Bumble reports Q3 revenue up 18.4% YoY to $275.5M, vs. $277M est., net earnings down 13% YoY to $23.1M, and forecasts Q4 revenue below estimates; BMBL drops 6%+ (Reuters)

Reuters: Bumble reports Q3 revenue up 18.4% YoY to $275.5M, vs. $277M est., net earnings down 13% YoY to $23.1M, and forecasts Q4 revenue below estimates; BMBL drops 6%+  —  Bumble (BMBL.O) forecast fourth-quarter revenue below Wall Street estimates on Tuesday, in a sign that sticky inflation …

Read More
Toast reports Q3 revenue up 37% YoY to $1.03B, matching estimates, and lowers the upper range of its FY 2023 revenue forecast; TOST drops 18%+ (Emily Bary/MarketWatch)

Emily Bary / MarketWatch: Toast reports Q3 revenue up 37% YoY to $1.03B, matching estimates, and lowers the upper range of its FY 2023 revenue forecast; TOST drops 18%+  —  Profit outlook moves higher, but one analyst is concerned about the new top-line forecast  —  Shares of Toast Inc. were getting singed …

Read More
Q&A with Barack Obama on regulating social media and AI, privacy bills, Biden’s EO on AI, incumbents embracing AI regulation, generative AI IP issues, and more (Nilay Patel/The Verge)

Nilay Patel / The Verge: Q&A with Barack Obama on regulating social media and AI, privacy bills, Biden’s EO on AI, incumbents embracing AI regulation, generative AI IP issues, and more  —  The former president joined me on Decoder to discuss AI regulation, the First Amendment, and of course, what apps he has on his

Read More