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Filing: Ontario Securities Commission opened an investigation on May 10 into Binance over trying to skirt regulations; Binance withdrew from Canada on May 12 (Emily Nicolle/Bloomberg)

Emily Nicolle / Bloomberg: Filing: Ontario Securities Commission opened an investigation on May 10 into Binance over trying to skirt regulations; Binance withdrew from Canada on May 12  —  Crypto exchange Binance Holdings Ltd. said it has received an order from one of Canada’s securities regulators to investigate whether …

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A profile of AMD CEO Lisa Su, who orchestrated one of the great tech turnarounds after her 2014 takeover, as the company prepares to battle Nvidia over AI chips (Forbes)

Forbes: A profile of AMD CEO Lisa Su, who orchestrated one of the great tech turnarounds after her 2014 takeover, as the company prepares to battle Nvidia over AI chips  —  AMD’s CEO orchestrated one of the great turnarounds in Silicon Valley history, driving the dying semiconductor maker’s stock price up nearly 30-fold in less

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The iPhone is dead — long live the iPhone

Many have predicted the death of the iPhone. We’ve been at Peak iPhone a bunch of different times. We’ve seen “stagnant growth,” “looming trouble,” and prognostications that other companies would steal Apple’s market share or that wearables or hearables or AR or VR or XR or SomethingElseR would usurp the smartphone. And yet, the iPhone

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Toronto-based Hostaway, which offers vacation rental management tools, raised $175M led by PSG Equity, after raising under $3M since its founding in 2015 (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch: Toronto-based Hostaway, which offers vacation rental management tools, raised $175M led by PSG Equity, after raising under $3M since its founding in 2015  —  Tourism and travel have come roaring back into business post-pandemic, and today a startup called Hostaway that’s building technology …

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What Next For The SBC That Has Everything?

In the decade-and-a-bit since the first Raspberry Pi was launched we’ve seen an explosion of affordable single-board computers (SBCs), but as the prices creep up alongside user expectation and bloat, [Christopher Barnatt] asks where the industry will go next. The Pi started with an unbeatable offer, $35 got you something similar to the desktop PC

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Sources: the Biden administration is split on regulating generative AI; some prefer an EU-style model while others worry over losing a competitive advantage (Bloomberg)

Bloomberg: Sources: the Biden administration is split on regulating generative AI; some prefer an EU-style model while others worry over losing a competitive advantage  —  Biden administration officials are divided over how aggressively new artificial intelligence tools should be regulated …

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Monzo reports £356M in FY2023 revenue, up from £154M in FY2022, and a £116M net loss, down from £119M YoY; CEO TS Anil says an IPO is “some ways down the road” (Iain Withers/Reuters)

Iain Withers / Reuters: Monzo reports £356M in FY2023 revenue, up from £154M in FY2022, and a £116M net loss, down from £119M YoY; CEO TS Anil says an IPO is “some ways down the road”  —  British digital bank Monzo marginally narrowed its annual loss in the year to February 2023 …

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A profile of Plaid, valued at $13.4B, and founder Zach Perret, after a $58M data scraping settlement in 2022, as the company expands and fights a lawsuit by PNC (Bloomberg)

Bloomberg: A profile of Plaid, valued at $13.4B, and founder Zach Perret, after a $58M data scraping settlement in 2022, as the company expands and fights a lawsuit by PNC  —  Over the past decade, Plaid’s digital pipes have enabled 1 in every 3 people with a US bank account to connect it to the

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How the Shoggoth, a character from a 1936 H.P. Lovecraft novella, became a meme among AI workers as a metaphor for not fully understanding LLMs’ inner workings (Kevin Roose/New York Times)

Kevin Roose / New York Times: How the Shoggoth, a character from a 1936 H.P. Lovecraft novella, became a meme among AI workers as a metaphor for not fully understanding LLMs’ inner workings  —  The Shoggoth, a character from a science fiction story, captures the essential weirdness of the A.I. moment.

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Sources: the Biden administration is split on regulating generative AI; some prefer an EU-style model while others worry over losing a competitive advantage (Bloomberg)

Bloomberg: Sources: the Biden administration is split on regulating generative AI; some prefer an EU-style model while others worry over losing a competitive advantage  —  Biden administration officials are divided over how aggressively new artificial intelligence tools should be regulated …

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An investigation into Papa, a TaskRabbit-like service for seniors that has raised $240M, finds dozens of allegations of harassment, assault, theft, and more (Priya Anand/Bloomberg)

Priya Anand / Bloomberg: An investigation into Papa, a TaskRabbit-like service for seniors that has raised $240M, finds dozens of allegations of harassment, assault, theft, and more  —  If you’ve been to an annual open enrollment fair in the past few years, you may have noticed a new eldercare benefit with the unusual name of

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After a fake Pentagon “explosion” image went viral, Twitter adds Community Notes to images, including “recent and future matching images” (Mia Sato/The Verge)

Mia Sato / The Verge: After a fake Pentagon “explosion” image went viral, Twitter adds Community Notes to images, including “recent and future matching images”  —  Twitter is expanding its crowdsourced fact-checking program to include images, shortly after a fake image went viral claiming to show an “explosion” near the Pentagon.

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