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Intel agrees to sell a 10% stake in IMS Nanofabrication to TSMC, valuing IMS at $4.3B, and will retain majority ownership of the standalone subsidiary (Dean Takahashi/VentureBeat)

Dean Takahashi / VentureBeat: Intel agrees to sell a 10% stake in IMS Nanofabrication to TSMC, valuing IMS at $4.3B, and will retain majority ownership of the standalone subsidiary  —  Intel has agreed to sell a 10% stake in IMS Nanofabrication to TSMC for $430 million at a valuation of $4.3 billion.

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How Finnish AI startup Metroc, which helps construction companies find projects, uses prison labor paid €1.54/hour to label data, with widespread public support (Morgan Meaker/Wired)

Morgan Meaker / Wired: How Finnish AI startup Metroc, which helps construction companies find projects, uses prison labor paid €1.54/hour to label data, with widespread public support  —  In high-wage Finland, where clickworkers are rare, one company has discovered a novel labor force—prisoners.

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Intel announces Thunderbolt 5, offering up to 120 Gbps bandwidth, support for DisplayPort 2.1, USB v4, USB 3 20G, and PCIe Gen4, and up to 240W charging support (VideoCardz.com)

VideoCardz.com: Intel announces Thunderbolt 5, offering up to 120 Gbps bandwidth, support for DisplayPort 2.1, USB v4, USB 3 20G, and PCIe Gen4, and up to 240W charging support  —  Thunderbolt 5 offers up to 3x the speed over Thunderbolt 4  —  Intel has revealed its newest iteration of the Thunderbolt technology.

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Amazon announces a service that lets its 2M merchants deliver inventory directly to physical retail stores and warehouses, rolling out broadly later in 2023 (Spencer Soper/Bloomberg)

Spencer Soper / Bloomberg: Amazon announces a service that lets its 2M merchants deliver inventory directly to physical retail stores and warehouses, rolling out broadly later in 2023  —  – Service brings inventory to stores instead of shoppers’ homes … Amazon on Tuesday announced that the service …

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California passed a first-of-its-kind bill mandating pollution disclosures, including supply chain emissions

Senator Scott Wiener on Friday, January 10th, 2020, in San Francisco, California. Wiener authored a newly passed bill that requires carbon footprint disclosures from big companies. | Photo By Liz Hafalia / The San Francisco Chronicle via Getty Images California legislators passed a bill Monday night that would force big companies doing business in the

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A live blog of the US et al v. Google trial, which starts today, as the DOJ prepares to argue the company illegally protected its internet search monopoly (New York Times)

New York Times: A live blog of the US et al v. Google trial, which starts today, as the DOJ prepares to argue the company illegally protected its internet search monopoly  —  Here is the latest on the Google antitrust trial.  Opening statements are underway in a major antitrust case against Google …

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Sources describe Apollo’s Yahoo turnaround efforts, including layoffs, asset sales, and new partnerships; Yahoo is on pace to generate $7B in 2023 gross revenue (Rachel Graf/The Information)

Rachel Graf / The Information: Sources describe Apollo’s Yahoo turnaround efforts, including layoffs, asset sales, and new partnerships; Yahoo is on pace to generate $7B in 2023 gross revenue  —  When speaking about the company he inherited in September 2021, Jim Lanzone is remarkably blunt.

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The TikTok Shop rolls out in the US

TikTok lets you buy things now. | Image: TikTok Starting today, TikTok users in the US can buy stuff directly in the TikTok app as the company rolls out TikTok Shop, its online marketplace that’s already live in the UK. With this change, brands and creators alike can sell directly to you in their videos

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Lyft announces Women+ Connect, a feature that helps match female drivers with female passengers; riders can still match with men when no women are available (Kellen Browning/New York Times)

Kellen Browning / New York Times: Lyft announces Women+ Connect, a feature that helps match female drivers with female passengers; riders can still match with men when no women are available  —  The company said it hoped to improve safety and encourage more female drivers.  —  Lyft said on Tuesday that it was introducing …

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A look at the challenges facing Arm, expected to start trading on September 14 at a $52B valuation, including a huge array of clients and geopolitical tensions (Don Clark/New York Times)

Don Clark / New York Times: A look at the challenges facing Arm, expected to start trading on September 14 at a $52B valuation, including a huge array of clients and geopolitical tensions  —  The SoftBank-owned company, which for decades has defined how mobile phones operate, is grappling with geopolitical …

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Enfabrica, which develops “hub and spoke” networking chips to improve Nvidia GPU-based AI data center processing, raised a $125M Series B led by Atreides (Stephen Nellis/Reuters)

Stephen Nellis / Reuters: Enfabrica, which develops “hub and spoke” networking chips to improve Nvidia GPU-based AI data center processing, raised a $125M Series B led by Atreides  —  Enfabrica, a Silicon Valley chip startup working on networking chips for artificial intelligence data centers …

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Sources: Inditex races to fix bugs in Zara’s new anti-shoplifting system, based on RFID, to replace plastic tags; some staff worry over theft becoming easier (Clara Hernanz Lizarraga/Bloomberg)

Clara Hernanz Lizarraga / Bloomberg: Sources: Inditex races to fix bugs in Zara’s new anti-shoplifting system, based on RFID, to replace plastic tags; some staff worry over theft becoming easier  —  – RFID technology is supposed to replace hard security tags  — Global rollout of the new hardware was expected in July

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An in-depth look at how Google’s Transformer model, developed by eight researchers in 2017, radically sped up and augmented how computers understand language (Financial Times)

Financial Times: An in-depth look at how Google’s Transformer model, developed by eight researchers in 2017, radically sped up and augmented how computers understand language  —  Over the past few years, we have taken a gigantic leap forward in our decades-long quest to build intelligent machines: the advent of the large language model, or LLM.

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Salesforce announces Einstein Copilot, an AI chatbot for its apps, launching via pilot later in fall, part of its new Einstein 1 Platform (Kyt Dotson/SiliconANGLE)

Kyt Dotson / SiliconANGLE: Salesforce announces Einstein Copilot, an AI chatbot for its apps, launching via pilot later in fall, part of its new Einstein 1 Platform  —  Salesforce Inc. today rolled out an artificial intelligence conversational copilot assistant for its applications that can assist users …

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