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Lenovo posts its worst revenue fall in 14 years with Q3 revenue of $15.3B, down 24% YoY, and net income of $437M, down 32% YoY, and warns of job cuts (Josh Ye/Reuters)

Josh Ye / Reuters: Lenovo posts its worst revenue fall in 14 years with Q3 revenue of $15.3B, down 24% YoY, and net income of $437M, down 32% YoY, and warns of job cuts  —  China’s Lenovo Group Ltd (0992.HK) reported a 24% revenue decline for the third quarter, its largest revenue fall in 14

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Bulgaria and London-based Dronamics, which says it has a license to operate autonomous, long-range, cargo drones in Europe, raised a $40M pre-Series A (Mike Butcher/TechCrunch)

Mike Butcher / TechCrunch: Bulgaria and London-based Dronamics, which says it has a license to operate autonomous, long-range, cargo drones in Europe, raised a $40M pre-Series A  —  Autonomous aircraft have long been thought of as having the most potential, though not in the realm of glitzy people-carrying drones so much as the more sedate

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Running The Xbox Series S On a USB Powerbank

Home consoles were never intended to be made portable, though enterprising hackers have always pushed the boundaries with various tricks and innovative builds. [Robotanv] hasn’t built a fully handheld Xbox Series S, but he has demonstrated one neat trick: making one run on a USB powerbank. The project starts with an Anker USB-C powerbank, chosen

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Tesla denies union-busting claims in Buffalo

Tesla’s Buffalo facility. | Image: Getty Tesla says recent layoffs at its Buffalo, New York facility were part of a routine performance review cycle and that it is “false” that it fired employees in response to a new union campaign. The Workers United union previously alleged in a complaint filed with the US National Labor

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The cost and sustainability of generative AI

AI is resource intensive for any platform, including public clouds. Most AI technology requires numerous inference calculations that add up to higher processor, network, and storage requirements—and higher power bills, infrastructure costs, and carbon footprints. The rise of generative AI systems, such as ChatGPT, has brought this issue to the forefront again. Given the popularity

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Analysis: 24% of the tokens launched in 2022 that “got traction” saw a price drop of 90% or more in the first week of trading, suggesting pump-and-dump activity (Chainalysis)

Chainalysis: Analysis: 24% of the tokens launched in 2022 that “got traction” saw a price drop of 90% or more in the first week of trading, suggesting pump-and-dump activity  —  The 2023 Crypto Crime Report  —  Available now!  —  Get the report  —  Pump and dump schemes in traditional finance …

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Sources: ByteDance’s Slack-like app Feishu, which reportedly had ~9.3M MAUs in November 2022, reached $100M revenue in 2022, up 270% from 2021 (Raffaele Huang/Wall Street Journal)

Raffaele Huang / Wall Street Journal: Sources: ByteDance’s Slack-like app Feishu, which reportedly had ~9.3M MAUs in November 2022, reached $100M revenue in 2022, up 270% from 2021  —  Feishu chief executive says annual recurring revenue jumped 270%  —  SINGAPORE—ByteDance Ltd.’s Slack-like work-collaboration tool Feishu …

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MIT Spins Qubits Round and Round

Quantum computers are coming, but there are still many problems with realizing practical machines. One is finding a reliable and affordable way to encode qubits — the basic unit for quantum computers. MIT researchers have a proposal. By using two slightly different colored lasers, they can manipulate nuclear spin. This isn’t the first time someone’s

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A patent and job listing hint at Meta working on an advanced smart glasses assistant; docs show staff have been testing a proactive assistant on Ray-Ban Stories (Janko Roettgers/Lowpass)

Janko Roettgers / Lowpass: A patent and job listing hint at Meta working on an advanced smart glasses assistant; docs show staff have been testing a proactive assistant on Ray-Ban Stories  —  Hey Facebook … Meta has been working on advanced assistant features that could one day make devices like the company’s Ray …

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Sources: ByteDance’s Slack-like app Feishu, which reportedly had ~9.3M MAUs in November 2022, reached $100M revenue in 2022, up 270% from 2021 (Raffaele Huang/Wall Street Journal)

Raffaele Huang / Wall Street Journal: Sources: ByteDance’s Slack-like app Feishu, which reportedly had ~9.3M MAUs in November 2022, reached $100M revenue in 2022, up 270% from 2021  —  Feishu chief executive says annual recurring revenue jumped 270%  —  SINGAPORE—ByteDance Ltd.’s Slack-like work-collaboration tool Feishu …

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OpenAI, Stanford, and Georgetown researchers warn disinformation campaigns could use LLMs and propose governments could restrict training data and AI hardware (Chloe Xiang/VICE)

Chloe Xiang / VICE: OpenAI, Stanford, and Georgetown researchers warn disinformation campaigns could use LLMs and propose governments could restrict training data and AI hardware  —  As generative language models become more accessible, easier to scale, and write more persuasive text, they could be used to spread disinformation.

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