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Experts say forcing a TikTok US sale within 180 days, as the bill requires, would be too complicated and costly, and likely mean the app would be bann
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2024-03-17 22:41:34
By: milo
A profile of server maker Supermicro, whose flexibility in offering custom servers has been an advantage in the AI boom, as the company joins S&P
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2024-03-17 20:38:30
By: milo
Sources: Reddit's IPO is currently between four and five times oversubscribed, making it more likely the company will reach its targeted $6.5B va
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2024-03-17 19:25:13
By: milo
Millions more in cash needed to fund UK s open-banking watchdog
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2024-03-17 12:09:15
By: milo
Apple researchers detail MM1, a series of multimodal LLMs with up to 30B parameters they say achieve state-of-the-art performance across multiple AI b
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2024-03-17 03:28:48
By: milo
Sources: US prosecutors in Virginia, with FDA's help, are investigating whether Meta's platforms are facilitating and profiting from the ill
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2024-03-16 17:32:51
By: milo
A look at a potential TikTok US sale, with an estimated valuation of $100B, or $40B without the algorithm, as Steven Mnuchin and others form investor
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2024-03-16 16:51:27
By: milo
Bain: Indian startups raised $9.6B in 2023, down from $25.7B in 2022; over 35K Indian startups shut down in 2023 and leading startups laid off 20,000+
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2024-03-16 12:37:14
By: milo
Reddit's down round IPO is a signal that rationality is slowly returning to VC and could encourage other tech companies looking to go public do t
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2024-03-16 06:34:16
By: milo
Sources: BeReal is weighing raising a Series C or being acquired, as what is left of its $90M in funding is set to run out this year and DAUs stagnate
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2024-03-15 18:34:14
By: milo
Michael Seibel steps down as YC's managing director, says he did not feel disappointed when he was not tapped as CEO but would have accepted the
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2024-03-15 18:12:11
By: milo
Sinking Section 702 Wiretap Program Offered One Last Lifeboat
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2024-03-15 17:31:35
By: milo
Sources: TikTok's US revenue hit a record $16B in 2023 while ByteDance saw revenue grow 40% YoY to $120B in 2023 and recorded a $28B net profit
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2024-03-15 16:07:10
By: milo
Sources: TikTok's US revenue hit a record $16B in 2023; ByteDance revenue grew 40% YoY to $120B in 2023, with a net profit of $28B (Financial Tim
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2024-03-15 15:14:33
By: milo
Vodafone sells its Italian business to Switzerland's Swisscom for €8B in cash and plans a €4B stock buyback; Swisscom will mer
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2024-03-15 14:24:12
By: milo
Binance CEO Richard Teng, who has been in the role for only four months, quietly spun out Binance Labs, the company's $10B venture capital arm, e
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2024-03-15 14:09:32
By: milo
Vodafone sells its Italian business to Switzerland's Swisscom for €8B in cash and plans a €4B stock buyback; Swisscom will merg
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2024-03-15 10:45:19
By: milo
Bethesda, Maryland-based HiLabs, whose AI-powered tools provide clean data for health care organizations, raised a $39M Series B led by Eight Roads an
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2024-03-15 03:20:06
By: milo
Sources: the US plans to award over $6B to Samsung to help the company expand beyond its $17B chip fab in Taylor, Texas, under the 2022 Chips and Scie
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2024-03-15 02:00:52
By: milo
Zephyr AI, which uses AI to generate insights into improving patient care and research in oncology and cardiometabolic diseases, raised a $111M Series
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2024-03-15 00:56:36
By: milo
The FCC raises its broadband speed benchmark to 100Mbps for downloads and 20Mbps for uploads, from the previous standard of 25Mbps and 3Mbps set in Ja
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2024-03-14 22:48:10
By: milo
Small-business owners and activists who rely on TikTok say the US House measure forcing a sale or ban would damage their livelihoods and harm their co
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2024-03-14 22:27:08
By: milo
Adobe reports Q1 revenue up 11% YoY to $5.18B, vs. $5.14B est., Digital Media revenue up 12% YoY to $3.82B, and Q2 revenue guidance below est.; ADBE d
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2024-03-14 20:34:32
By: milo
Sources: Apple acquired DarwinAI, which makes tech for inspecting components during manufacturing and focuses on making AI systems smaller and faster
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2024-03-14 19:23:05
By: milo
Netherlands-based TheyDo, which helps companies map customer journeys, raised a $34M Series B led by Blossom Capital, bringing its total funding to ab
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2024-03-14 18:42:03
By: milo
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