Moltbook was peak AI theater; as the hype dies down, Moltbook looks less like a window onto the future and more like a mirror held up to society's AI obsessions
For a few days this week the hottest new hangout on the internet was a vibe-coded Reddit clone called Moltbook, which billed itself as a social network for bots.
How food delivery is reshaping US mealtimes, as some users spend thousands; NRA data shows nearly 75% of 2024 restaurant orders were not eaten in a restaurant
Almost three of every four restaurant orders in the U.S. weren't eaten in a restaurant, according to recent data.
Employees, sources, and experts describe a crisis at Alibaba, as the company struggles to chart a new course and an ambitious restructuring didn't go as planned
Once Asia's most valuable company, the group has fallen behind rivals amid a chaotic restructuring X: @adam_tooze X: Adam Tooze / @adam_tooze : “It is the worst of both worlds. Eve...
Sources: Saudi Arabia bought 3,000+ Nvidia H100 GPUs and the UAE purchased thousands of Nvidia GPUs; Nvidia expects to ship ~550K H100 GPUs globally in 2023
it's the $40,000 chip that has sparked a frenzied spending spree Rob Thubron / TechSpot : Saudi Arabia and UAE invest in thousands of Nvidia chips, aiming to become global AI power...
GlobalFoundries CEO Thomas Caulfield criticizes Germany's planned chip subsidies for TSMC, saying the company welcomes competition “on a level playing field”
Chief executive Thomas Caulfield warns that funds from Berlin will distort competition
Sources: US consulting firms like McKinsey and BCG split their IT systems to decouple China data, as Beijing expands anti-espionage rules and data regulation
Sources: Apple and Luxshare cut Vision Pro production plans from 1M to less than 400K units in 2024 due to manufacturing problems for the $3,500 headset
Initial hopes of 1mn shipments in 2024 launch year dashed by manufacturing problems — Apple has been forced to make drastic cuts …
A profile of Korean chip engineer Choi Jin-seok, who embarked on a quixotic mission to lead China's industry after his career stalled and faces IP theft charges
In 2006, a Korean engineer called Choi Jin-seok achieved a feat that earned him the nickname “master of semiconductor yield”.
After the SEC's recent actions and failures of FTX, Celsius, and Luna, Republican lawmakers proposing a crypto market bill is a jarring gift to the industry
Republican proposal for new legislation would legitimise the digital asset industry and undermine investor protection
Sources: the EU is considering a mandatory ban on using equipment from Huawei and other companies that are deemed to present a security risk in 5G networks
Brussels concerned lack of action by member states to bar high-risk companies threatens security of entire bloc
Sources: the EU is considering a mandatory ban on using equipment from Huawei and other companies that are deemed to present a security risk in 5G networks
Brussels concerned lack of action by member states to bar high-risk companies threatens security of entire bloc
As ASML reaches a ~€275B market cap, twice that of Intel, a look at the fundamental limits on making ever-smaller chips, which could finally end Moore's Law
For decades, ever-tinier semiconductors have allowed huge leaps in computing progress. Not for much longer, warn experts Bluesky: @revan.bsky.social . Tweets: @jasoncosta , @adam_...
The EU issues Meta a record €1.2B GDPR fine for sending European user data to the US and orders stopping the transfers and unlawful processing within six months
but only for 15 minutes European Data Protection Board : Binding Decision 1/2023 on the dispute submitted by the Irish SA on data transfers by Meta Platforms Ireland Limited for it...
The EU fines Meta €1.2B over sending European user data to the US, a record GDPR fine, and orders Meta to stop transfers and delete the data within six months
Decision places pressure on Washington to implement surveillance changes for Europe to allow Meta to keep the data spigot open
The FDIC and California regulators say JPMorgan Chase plans to acquire most of First Republic Bank, which was a tad bigger than SVB and had $100B+ in outflows
now JPMorgan Chase's — uninsured depositors is Sen. Dianne Feinstein who, according to her latest financial disclosure, had between $1,000,001 and $5,000,000 in a First Republic ac...
Intel becoming a chip foundry is its biggest business shift in nearly 40 years, meaning US industrial policy rests on one of tech's most complex turnarounds yet
Once the leading player in the semiconductor industry, the company is attempting to pull off one of tech's most complex turnrounds
Intel becoming a chip foundry is its biggest business shift in nearly 40 years, meaning US industrial policy rests on one of tech's most complex turnarounds yet
Once the leading player in the semiconductor industry, the company is attempting to pull off one of tech's most complex turnrounds
Intel becoming a chip foundry is its biggest business shift in nearly 40 years, meaning US industrial policy rests on one of tech's most complex turnarounds yet
Once the leading player in the semiconductor industry, the company is attempting to pull off one of tech's most complex turnrounds