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May 8, 2023, 5:25 PM
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| Ingrid Lunden / TechCrunch: |
Qualcomm acquires Israel-based Autotalks, a fabless chipmaker that improves safety in bikes, cars, and other vehicles, sources say for between $350M and $400M — Qualcomm's longer term bet on the automotive sector as a lucrative customer base for its chips and related communications technology … | Steve Mollman / Fortune: |
OpenAI CEO Sam Altman says “technology is not yet good enough that people can be full remote forever, particularly on startups” — OpenAI CEO Sam Altman isn't averse to change—he helped kickstart the current A.I. race with chatbot ChatGPT, after all, threatening to upend multiple industries …
More:
Tech.co and Slashdot
LinkedIn:
Andrew Padilla, Scott Panzer, Noah Gift, Sahil Mansuri, and Ahmet Emre Acar. Mastodon:
@ashedryden@scholar.social
| David Pierce / The Verge: |
How Google's attempt to create a better, faster mobile web for media companies with the AMP standard ended up ruining publishers' trust in the internet giant — Google promised to create a better, faster web for media companies with a new standard called AMP. In the end, it ruined the trust publishers had in the internet giant.
More:
The Verge, Nieman Lab, Digital Content Next, and Pixel Envy
Tweets:
@rustybrick, @emilybell, and @jason_kint
| Jennifer Elias / CNBC: |
Internal docs: Google plans to announce generative AI updates at Google I/O on May 10, including launching PaLM 2, a general-use LLM supporting 100+ languages — - Google's hefty investments in artificial intelligence will be on display at its annual developer conference this week.| Akanksha Khushi / Reuters: |
Binance halted bitcoin withdrawals for an hour late on May 7 and for several hours on May 8, blaming heavy volumes and an unanticipated rise in network gas fees — Cryptocurrency exchange Binance halted bitcoin withdrawals for several hours on Monday, citing heavy volumes and a surge in processing fees … | Ryan Browne / CNBC: |
Coinbase CEO Brian Armstrong says the US SEC is on “a lone crusade”, rows back on his suggestion the company may leave the US, and expresses interest in the UAE — - The SEC earlier this year served Coinbase with a Wells Notice. — Brian Armstrong, Coinbase's CEO … | Ashley Capoot / CNBC: |
Palantir Q1: revenue of $525M, up 18% YoY, vs. $506M est., says its Artificial Intelligence Platform for private data sets is coming this month; PLTR up 23%+ — - Shares of Palantir rose as much as 28% in extended trading Monday after the company released first-quarter earnings that beat analysts' estimates on top and bottom lines.
More:
Bloomberg, Reuters, and Barron's Online
| Bloomberg: |
Despite China banning crypto in September 2021, citizens, industry insiders, and FTX's creditor lists suggest Chinese residents continue to trade digital assets — Nineteen months after China banned crypto, more signs have emerged that its citizens continue to buy and sell digital assets.
More:
Cryptonews, Cryptopolitan, Forkast, and Bitcoinist.com
| Isaiah Poritz / Bloomberg Law: |
A US appeals court upholds a lower court's 2019 ruling rejecting Apple's claims that Corellium's CORSEC security tool for simulating iOS violated copyright law — Apple Inc. failed to revive a long-running copyright lawsuit against cybersecurity firm Corellium Inc. over its software …
More:
Reuters, 9to5Mac, AppleInsider, United States Court of Appeals for the Eleventh Circuit, and Slashdot
Tweets:
@blaw, @fuzzysec, @corelliumhq, @laughing_mantis, @kurtopsahl, @msuiche, @esqueer_, and @isaiahporitz
| Ryan Browne / CNBC: |
After Arm shunned a London listing in favor of NYC, some VCs in the UK blame Brexit and local institutional investors who lack a good understanding of tech — - British chip designer Arm recently decided to list in New York, leading to worries that London will miss out on more blockbuster tech IPOs.| Manish Singh / TechCrunch: |
Filing: Invesco marked down Swiggy's valuation to ~$5.5B in January 2023, from a reported $10.7B valuation in January 2022, when Invesco led Swiggy's Series K — Invesco, which led Swiggy's previous round, has marked down the Indian food delivery giant's valuation in its holding to about $5.5 billion, according to a filing.
More:
Crunchbase News, Livemint, Entrackr, Inc42 Media, and DealStreetAsia
| Munsif Vengattil / Reuters: |
Truecaller plans to make its caller identification service available over WhatsApp and other messaging apps later in May to help users spot potential spam calls — Truecaller (TRUEb.ST) will soon start making its caller identification service available over WhatsApp and other messaging apps … Sponsor Posts
Google:
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Generate videos with Veo 3 in Google Gemini — Create high-quality, 8-second videos with Veo 3, our state-of-the-art AI video generator. Try it with a Google AI Pro plan or get the highest access with the Ultra plan.
Tribe AI:
State of AI: Adoption, Challenges and Recommendations — Examining the current state of AI, the key challenges organizations face, and practical recommendations for utilizing AI integration alongside other best practices.
State of AI: Adoption, Challenges and Recommendations — Examining the current state of AI, the key challenges organizations face, and practical recommendations for utilizing AI integration alongside other best practices.
Zoho:
AI meeting assistants: A game-changer in communication — We've come a long way from live video call demonstrations at world's fairs. What was once considered a futuristic idea is now a vital part of how we collaborate …
AI meeting assistants: A game-changer in communication — We've come a long way from live video call demonstrations at world's fairs. What was once considered a futuristic idea is now a vital part of how we collaborate …
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Techmeme Ride Home:
How DoorDash Has Quietly Been Killing It
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
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Decoder with Nilay Patel:
Airbnb CEO Brian Chesky wants to build the everything app
A show from the Verge about big ideas - and other problems.
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Grit:
Bret Taylor's Journey Leading Salesforce, Sierra & OpenAI
Grit explores what it takes to create, build and scale world-class organizations.
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Acquired:
The Steve Ballmer Interview
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Ron Conway, Founder, SV Angel Part 4 (Bonus)
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
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