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Technology

Carta: 254 of its VC-backed clients went bust in Q1 2024 and the startup bankruptcy rate is over 7x that of 2019, as funds raised in the 2021-2022 boom run out (George Hammond/Financial Times)

Carta: 254 of its VC-backed clients went bust in Q...

5 months ago 15 Add to circle

Roblox has grown rapidly and consistently since 2018 and now sees an estimated average of 80M+ daily and 380M+ monthly users, over 2x that of Steam or Minecraft (Matthew Ball/MatthewBall.co)

Roblox has grown rapidly and consistently since 20...

5 months ago 18 Add to circle

FOI docs: water consumption by data centers in Virginia, home to world's largest cluster of data centers, reached 1.85B+ gallons in 2023, up from 1.13B in 2019 (Camilla Hodgson/Financial Times)

FOI docs: water consumption by data centers in Vir...

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How Worldcoin is building its World ID identity system, trying to assuage government and privacy activists' concerns about its iris scanning tech and data usage (Angus Berwick/Wall Street Journal)

How Worldcoin is building its World ID identity sy...

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Arize AI: 56% of Fortune 500 companies cited AI as a "risk factor" in their recent annual reports, up from 9% in 2022; 86% of software firms cited AI as a risk (Tabby Kinder/Financial Times)

Arize AI: 56% of Fortune 500 companies cited AI as...

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A look at Apple's work on its in-house modem chip, which may debut in some niche models next year, with the full rollout taking a few years to complete (Mark Gurman/Bloomberg)

A look at Apple's work on its in-house modem chip,...

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Corsair TC500 Luxe Gaming Chair review: as lavish as it gets

Corsair TC500 Luxe Gaming Chair review: as lavish ...

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A survey of 2,012 people in Germany finds ~50% wouldn't use the digital euro over privacy fears; the European Central Bank will decide on a rollout by 2025 end (Marilen Martin/Bloomberg)

A survey of 2,012 people in Germany finds ~50% wou...

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A profile of Palmer Luckey, who sold Oculus to Fac...

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South Korea's plan to introduce tablets with AI features in schools faces backlash from parents and academics concerned about children's overexposure to devices (Financial Times)

South Korea's plan to introduce tablets with AI fe...

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South Korean AI chip makers Rebellions and Sapeon agree to merge; Rebellions has raised $225M+ and Sapeon's shareholders include SK Telecom and SK Hynix (Joyce Lee/Reuters)

South Korean AI chip makers Rebellions and Sapeon ...

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Dating apps are struggling as users seek organic ways to meet; Match Group reported a decline in the total number of paying users for seven straight quarters (Edward Helmore/The Guardian)

Dating apps are struggling as users seek organic w...

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An interview with Palantir CEO Alex Karp on co-founding the company, autonomous weapons systems, AI, supporting Kamala Harris, Silicon Valley critics, and more (Maureen Dowd/New York Times)

An interview with Palantir CEO Alex Karp on co-fou...

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Runway debuts Gen-3 Alpha Turbo, a faster and cheaper model than Gen-3 Alpha, capable of generating 5- or 10-second-long video clips, available for all plans (Carl Franzen/VentureBeat)

Runway debuts Gen-3 Alpha Turbo, a faster and chea...

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X says it's closing its operations in Brazil, claiming a judge threatened arrest if X didn't comply with "censorship orders"; the service remains available (Anthony Ha/TechCrunch)

X says it's closing its operations in Brazil, clai...

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Nancy Pelosi issues a statement in opposition to California's AI safety bill, saying it's "well-intentioned but ill-informed" and "more harmful than helpful" (Representative Nancy Pelosi)

Nancy Pelosi issues a statement in opposition to C...

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A profile of Anthony Tan, the solo developer of Wa...

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Ericsson to sell its network portability and data exchange services unit Iconectiv to Koch Equity Development for $1B; the deal is expected to close in H1 2025 (Lynn Doan/Bloomberg)

Ericsson to sell its network portability and data ...

5 months ago 14 Add to circle

A YouTuber files a proposed class action against Nvidia, accusing it of scraping his content without consent to train AI models, weeks after also suing OpenAI (Justin Bachman/Legal Dive)

A YouTuber files a proposed class action against N...

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Amount, which provides digital lending services for credit unions and banks, raised $30M from Curql, Goldman Sachs, WestCap, Hanaco Ventures, QED, and others (PYMNTS.com)

Amount, which provides digital lending services fo...

5 months ago 15 Add to circle

Filing: AT&T and Verizon ask the FCC to deny SpaceX's request to waive rules, claiming Starlink's service with T-Mobile would interfere with existing networks (Jon Brodkin/Ars Technica)

Filing: AT&T and Verizon ask the FCC to deny Space...

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Google says it "missed the mark" after leaked screenshots showed a Team Pixel program agreement threatened influencers who didn't showcase the Pixel over rivals (Victoria Song/The Verge)

Google says it "missed the mark" after leaked scre...

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A US appeals court largely upholds a ruling blocking the California Age-Appropriate Design Code Act, finding parts of the law likely violate the First Amendment (Cristiano Lima-Strong/Washington Post)

A US appeals court largely upholds a ruling blocki...

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A US judge temporarily blocks the launch of Venu Sports, the streaming service from Fox/WBD/Disney, a week before rollout, after Fubo filed an antitrust lawsuit (Bloomberg)

A US judge temporarily blocks the launch of Venu S...

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OpenAI removed a cluster of Iranian accounts using ChatGPT for an influence campaign targeting the US elections, and says the effort didn't gain much traction (Cade Metz/New York Times)

OpenAI removed a cluster of Iranian accounts using...

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Background check service National Public Data confirms a breach after hackers leaked a stolen database with millions of SSNs and other sensitive personal info (Ionut Ilascu/BleepingComputer)

Background check service National Public Data conf...

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FanDuel founders and other early shareholders sue KKR and Shamrock Capital over the 2018 Paddy Power Betfair merger that wiped out the value of their holdings (Dan Primack/Axios)

FanDuel founders and other early shareholders sue ...

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Walmart and its drone delivery partner DroneUp are ending drone delivery in Phoenix, Salt Lake City, and Tampa to focus on the Dallas-Fort Worth area (Joann Muller/Axios)

Walmart and its drone delivery partner DroneUp are...

5 months ago 14 Add to circle

Caresyntax, which is building AI-powered surgical data analysis tools, raised a $180M Series C extension consisting of $80M in equity and $100M in debt (Kai Nicol-Schwarz/Sifted)

Caresyntax, which is building AI-powered surgical ...

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The European Commission asks Meta for information about its Content Library tool and API under the DSA, following Meta's decision to deprecate CrowdTangle (Natasha Lomas/TechCrunch)

The European Commission asks Meta for information ...

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Epic says its games are available on AltStore for iOS in the EU and plans to bring them to Aptoide's iOS store in the EU and ONE Store on Android (Jay Peters/The Verge)

Epic says its games are available on AltStore for ...

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Epic confirms that the Epic Games Store is available to download on Android devices worldwide, in addition to iPhones in the EU (Taylor Lyles/IGN)

Epic confirms that the Epic Games Store is availab...

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Epic launches a rival app store for iOS in the EU, offering its games, including Fortnite, and plans to start onboarding third-party devs' games from December (Morgan Meaker/Wired)

Epic launches a rival app store for iOS in the EU,...

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EQT agrees to buy PropertyGuru, which runs real estate rental and sale listing sites in SE Asia, for $1.1B in cash; the deal is expected to close by early 2025 (Will Davies/Bloomberg)

EQT agrees to buy PropertyGuru, which runs real es...

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Chinese chip equipment maker AMEC sues the Pentagon for linking AMEC to the Chinese military, seeks to get off a blacklist that bars business with US firms (Bloomberg)

Chinese chip equipment maker AMEC sues the Pentago...

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Revolut secures a $45B valuation, up from $33B during a 2021 fundraising, in a share sale by employees; the sale was led by Coatue and D1 Capital Partners (Akila Quinio/Financial Times)

Revolut secures a $45B valuation, up from $33B dur...

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The Biden administration approves $1.6B in Chips Act grants and $3B in loans for Texas Instruments, to support its one chip factory in Utah and two in Texas (Mackenzie Hawkins/Bloomberg)

The Biden administration approves $1.6B in Chips A...

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Appfigures: consumers spent $3.8B on entertainment apps for mobile devices worldwide in Q1 2024, including $2.1B on streaming apps and $0.9B on short video apps (Janko Roettgers/Lowpass)

Appfigures: consumers spent $3.8B on entertainment...

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Chainalysis: the value of crypto hacks increased by ~84% to $1.58B in the first seven months of 2024, likely due in large part to the rise in crypto prices (Suvashree Ghosh/Bloomberg)

Chainalysis: the value of crypto hacks increased b...

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Danish officials say Margrethe Vestager, known for hitting Big Tech with multibillion-euro fines, is not being considered as EU antitrust chief for a third term (Financial Times)

Danish officials say Margrethe Vestager, known for...

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Japan will apply foreign trade regulations to chipmaking equipment, which will require foreign investors to give prior notice when conducting direct investment (Bloomberg)

Japan will apply foreign trade regulations to chip...

5 months ago 14 Add to circle

Court filing: TikTok says DOJ misstated its ties to China, made factual errors in the case, and the divestment law would strip TikTok of its free speech rights (Jody Godoy/Reuters)

Court filing: TikTok says DOJ misstated its ties t...

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Primate Labs releases Geekbench AI 1.0, formerly Geekbench ML, to test CPU, GPU, and NPU performance, available on Android, iOS, and desktop (Andrew Cunningham/Ars Technica)

Primate Labs releases Geekbench AI 1.0, formerly G...

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Binance resumes services in India, after completing registration with India's Financial Intelligence Unit, which imposed a ~$2.2M fine on Binance in June 2024 (Jamie Crawley/CoinDesk)

Binance resumes services in India, after completin...

5 months ago 15 Add to circle

At a Crypto4Harris online event, Mark Cuban, Anthony Scaramucci, and other crypto advocates supporting Kamala Harris urged a reset in Democratic crypto policy (Hannah Lang/Reuters)

At a Crypto4Harris online event, Mark Cuban, Antho...

5 months ago 13 Add to circle

California lawmakers weaken the AI safety bill with amendments proposed by Anthropic and other opponents, including giving the AG less power to sue AI companies (Maxwell Zeff/TechCrunch)

California lawmakers weaken the AI safety bill wit...

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Google makes Imagen 3 available to all US users via ImageFX, after unveiling the text-to-image AI model in May; some users criticize its strict content filters (Michael Nuñez/VentureBeat)

Google makes Imagen 3 available to all US users vi...

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Meta releases an app for the Quest 3, 2, and Pro to let the headset display video from devices with an HDMI or DisplayPort output; a capture card is required (Andrew Liszewski/The Verge)

Meta releases an app for the Quest 3, 2, and Pro t...

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The San Francisco City Attorney David Chiu files a lawsuit that seeks to shut down 16 popular websites used to create nonconsensual deepfake pornography (Heather Knight/New York Times)

The San Francisco City Attorney David Chiu files a...

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California announces support for adding driver's licenses or state IDs to Apple Wallet and Google Wallet, rolling out "in the coming weeks" (Shawna Chen/Axios)

California announces support for adding driver's l...

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