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December 11, 2023, 11:40 AM
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| Ashley Carman / Bloomberg: |
Sources: Apple plans to give added weighting to streams of songs mixed in Dolby Atmos from 2024, possibly leading to higher royalties, to push Spatial Audio — - Service will more heavily weigh songs offered in Dolby Atmos — Push could encourage more music labels to adopt the format
More: The Verge, AppleInsider, MacRumors, 9to5Mac, and iMore
| Cade Metz / New York Times: |
Paris-based Mistral AI raised €385M from a16z, Lightspeed, and others, sources say at a ~$2B valuation, and releases its open-source La plateforme model — The company has publicly released its latest technology so people can build their own chatbots. Rivals like OpenAI and Google argue that approach can be dangerous.
More: Mistral AI, Mistral AI, TechCrunch, Metaverse Post, Silicon Republic, Voicebot.ai, Bloomberg, TechStartups, The Decoder, Tech Xplore, CoinGape, Andreessen Horowitz, Stack Diary, Cointelegraph, SiliconANGLE, PYMNTS.com, and New.blicio.us
Mastodon: @MattHodges@mastodon.social. X: @iankar_, @emollick, @jcsamuelian, @eladgil, @space_colonist, @dctanner, @dchaplot, @alexsablay, @paulbz, @dchaplot, @_philschmid, @tianle_cai, @omarsar0, @alphasignalai, @art_zucker, @karpathy, @realgeorgehotz, @josephjacks_, @unsorsodicorda, @nicoritschel, @arthurmensch, @abacaj, @basedbeffjezos, @levelsio, @maccaw, @lulumeservey, @jxmnop, @abacaj, and @vikhyatk
LinkedIn: Peter Cranstone, Wahaj Siddiqui, Taha Zemmouri, and Girish Mallapragada
Forums: Hacker News and Hacker News
| Randy Nelson / data.ai: |
TikTok reaches $10B in gross revenue, including $3.84B in 2023 so far, $3.32B in 2022, and $1.72B in 2021, the fifth mobile app and the first non-game to do so — The short video social phenomenon has added nearly $4 billion this year alone, and it's all from virtual coins used to purchase gifts for the platform's content creators.
More: TechCrunch
| Olivia Poh / Bloomberg: |
TikTok plans to invest $1.5B in a joint venture with GoTo, aiming to comply with regulations in Indonesia so that TikTok can restart its shopping service there — - Chinese firm will combine its shopping business with GoTo unit — TikTok has used Indonesia as template for global shopping push
More: Reuters, PYMNTS.com, Financial Times, Financial Times, Silicon Republic, TechStartups, Nikkei Asia, Tech in Asia, Fortune, KrASIA, TechCrunch, Metaverse Post, Tech Xplore, The Information, and DealStreetAsia
X: @marikakatanuma and @kepspxbghvs
LinkedIn: Ngoc Tran, Fabian Moa, CFA, FRM …, Sheji Ho, Jeremy Ang C. H., and Rudy A. Dalimunthe
| Washington Post: |
US officials: China is ramping up its ability to disrupt key US infrastructure; 2023 victims include a Hawaii water utility, a West Coast port, and a pipeline — A utility in Hawaii, a West Coast port and a pipeline are among the victims in the past year, officials say
X: @matt_schrader_, @ericgeller, @nakashimae, @rc_greenway, and @nakashimae
| Jackie Davalos / Bloomberg: |
Microsoft partners with 60 unions representing 12.5M workers for “an open dialogue” on AI's impact on workers, and signs a ZeniMax staff contract on AI use — Microsoft Corp. is teaming up with labor unions to create “an open dialogue” on how artificial intelligence will impact workers.
More: Reuters, The Messenger, Bloomberg, The Verge, America's Unions, and Game World Observer
X: @lizshuler, @aflcio, and @bradsmi
| Ingrid Lunden / TechCrunch: |
London-based SumUp, which offers payments and other financial services to ~4M SMBs, raised €285M at a valuation higher than its $8.5B valuation in June 2022 — SumUp — the fintech that provides payments and related services to some 4 million small businesses in Europe …
More: CNBC, FinTech Global, TNW, AltFi, PYMNTS.com, TechStartups, Silicon Canals, UKTN, Tech.eu, Tech Funding News, New.blicio.us, Bloomberg, Finextra, Crowdfund Insider, and EU-Startups. X: @sumup
| Ana Swanson / New York Times: |
The US awards the first CHIPS Act grant to BAE Systems, giving the defense contractor $35M to boost production of chips used in F-15 and F-35 fighter jets — The award, which will go to BAE Systems, is part of a new government program aimed at creating a more secure supply of semiconductors.| Financial Times: |
A look at the race among chip giants to make 2nm chips, as Samsung and Intel identify the next leap in chip manufacturing as a chance to close the gap with TSMC — TSMC, Samsung and Intel battle to create ‘2 nanometre’ chips in moves that will shape the future of $500bn industry| Sara Dorn / Forbes: |
In a 2+ hour talk on X with Alex Jones, Andrew Tate, Jack Posobiec, and others, Elon Musk said X should avoid outright bans unless users “do something illegal” — Elon Musk and conspiracy theorist Alex Jones, newly reinstated to X after a five-year ban, launched a live-streamed chat …
More: Business Insider, NPR, Livemint, Mediaite, and The Hill
Threads: @ikepigott, @owillis1977, @oliverdarcy, @dankim312, @dsilverman, @keubikooriginal, @tapaseaswar, @anneapplebaum2000, @ian_bassin, @benjamin_goggin_, @moskov, @edcarson1971, @noturtlesoup17, @realjuddlegum, @kenpopehat, @cwarzel, @keubikooriginal, and @realjuddlegum
Mastodon: @therobburgessshow …, @StefanThinks@beige.party, @JoshuaHolland@mastodon.social, @GossiTheDog@cyberplace.social, @erosalie@infosec.exchange, @kevinrns@mstdn.social, and @kbeninato@mstdn.party
Bluesky: @caseynewton.bsky.social, @mmasnick.bsky.social, @mmasnick.bsky.social, @bencollins.bsky.social, @mmasnick.bsky.social, @travisview.bsky.social, @kattenbarge.bsky.social, and @bencollins.bsky.social
X: @seyitaylor, @marceelias, @ivanthek, @jason, @tron, @davidsacks, @maryangelaperna, @oneunderscore__, @jason, @shayan86, @benjysarlin, @danalarsen, @brooke, @edzitron, and @gregpinelo. LinkedIn: Jon Younger PhD
Forums: news.ycombinator.com and r/RealTesla
| Associated Press: |
More: Engadget, The Verge, Reuters, Telegraph, Politico, The Hill, New York Post, Reuters, New York Magazine, Fortune, Axios, Washington Post, Social Media Today, Silicon Republic, TechCrunch, Gizmodo, Business Insider, The Messenger, PCMag, Deadline, New.blicio.us, New York Daily News, The Messenger, CNBC, Reclaim The Net, Rolling Stone, CNN, South China Morning Post, Wall Street Journal, Bloomberg, and Variety
Threads: @crumbler, @mattbinder, @carnage4life, @oliverdarcy, @malwaretech, @carnage4life, @oliverdarcy, @oliverdarcy, @carnage4life, @seth.abramson, @deanobeidallah, @lorakolodny, @goatburgler, @mossbergwalt, @shannonrwatts, @jnewberger, @shannonrwatts, @ruthzknits, and @karaswisher
Mastodon: @lauren@mastodon …, @lauren@mastodon …, @TodayInTwitter@mastodon …, @rodhilton@mastodon.social, @LeslieBurns@legal.social, @John@socks.masto.host, @I_am_stefan@dembowski.social, @Andy_European@mastodon.online, @UlrikeHahn@fediscience.org, @ariegoldshlager@mstdn.social, and @davidakin@mstdn.ca
Bluesky: @tommyg.bsky.social, @ogdenprime.bsky.social, @adnan.social, @epro.social, and @kenwhite.bsky.social
X: @elonmusk, @jaketapper, @amoneyresists, @tszzl, @wholemarsblog, @rabois, @jason, @karaswisher, @buccocapital, @jason, @danprimack, @nytliz, @eliothiggins, @catturd2, @eliothiggins, @eliothiggins, @johnwilson, @agoldmund, @vivekgramaswamy, @nntaleb, @damonimani, @david_leavitt, @shannonrwatts, and @adamkinzinger. LinkedIn: Daniel Tunkelang
Forums: r/EnoughMuskSpam, r/WhitePeopleTwitter, r/technology, r/Conservative, and r/RealTesla
| Quynh Nguyen / Bloomberg: |
Vietnamese media reports Nvidia CEO Jensen Huang sees Vietnam as a potential second home for the Silicon Valley company and plans to open a design center there — Huang, speaking at a Hanoi semiconductor and artificial intelligence conference hosted by a Vietnam ministry Monday … | Bloomberg: |
Sources: starting on December 13, Biden's team plans to meet companies, labor advocates, and experts to talk global data flows to avoid internet “balkanization” — - White House undertaking review after US change in trade policy — Contentious debate underway as business groups apply pressure| Wall Street Journal: |
New York, IBM, Micron, and others plan to invest $10B in a chip research facility at the University at Albany, set to buy ASML's advanced chip-making equipment — Planned facility to include advanced chip-making equipment made by ASML — New York state is joining chip companies …
More: New York Times, New York Post, and The Investor
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