Research estimates deliberate internet shutdowns imposed a $9.01 billion economic cost globally in 2023.
confirmed 1 article 2024-01-04
deliberate internet shutdowns $9.01B
Research: deliberate internet shutdowns affected 747M people globally in 2023, with a $9.01B cost; Russia accounted for $4.02B; X was the most blocked platform
Top10VPN · 2024-01-04 · #26
Between 2014 and 2016, the mobile game 'Kim Kardashian: Hollywood' generated approximately $156 million in sales.
confirmed 1 article 2024-01-04
Kim Kardashian: Hollywood $156M (2014-2016)
Kim Kardashian says her Glu Mobile-developed game, Kim Kardashian: Hollywood, will shut down on April 8; between 2014 and 2016, the game made $156M in sales
Polygon · 2024-01-04 · #22
Amazon accounted for 29% of global online order volume in the two weeks before Christmas, up from 21% in the week of Thanksgiving and Black Friday.
confirmed 1 article 2024-01-04
Amazon global online order volume
PitchBook reports global venture capital investment declined 35% year-over-year to $345.7B in 2023, the lowest level since 2017.
confirmed 1 article 2024-01-04
Venture capital investment (global) $345.7B (2023) 35% YoY lowest since 2017
PitchBook: VC investment in the US fell 30% YoY to $170.6B in 2023, the lowest since 2019, and declined 35% YoY to $345.7B globally, the lowest since 2017
Bloomberg · 2024-01-04 · #14
PitchBook reports U.S. venture capital investment fell 30% year-over-year to $170.6B in 2023, the lowest level since 2019.
confirmed 1 article 2024-01-04
Venture capital investment (US) $170.6B (2023) 30% YoY lowest since 2019
PitchBook: VC investment in the US fell 30% YoY to $170.6B in 2023, the lowest since 2019, and declined 35% YoY to $345.7B globally, the lowest since 2017
Bloomberg · 2024-01-04 · #14
A source says TikTok has started reducing some merchant subsidies for TikTok Shop sellers.
rumored 1 article 2024-01-04
TikTok merchant subsidies TikTok Shop merchants
TikTok plans to raise TikTok Shop's US seller fees from 2% to 8% over the next few months; a source says TikTok has started reducing some merchant subsidies
The Information · 2024-01-04 · #13
TikTok plans to raise TikTok Shop's US seller fees from 2% to 8% over the next few months.
rumored 1 article 2024-01-04
TikTok TikTok Shop US Sellers
TikTok plans to raise TikTok Shop's US seller fees from 2% to 8% over the next few months; a source says TikTok has started reducing some merchant subsidies
The Information · 2024-01-04 · #13
Sources report TikTok aims to grow TikTok Shop US merchandise volume tenfold to $17.5B in 2024.
rumored 1 article 2024-01-04
TikTok TikTok Shop US $17.5B 2024
Sources: TikTok aims to grow TikTok Shop US' merchandise volume tenfold to $17.5B in 2024 and plans to launch TikTok Shop in Latin America in the coming months
Bloomberg · 2024-01-04 · #12
The White House awards $162M in federal CHIPS Act grants to Microchip Technology to expand its Oregon and Colorado facilities.
confirmed 1 article 2024-01-04
White House Biden administration Microchip Technology Oregon facility Colorado facility
The White House awards $162M in federal grants to Arizona-based Microchip Technology to expand its Oregon and Colorado facilities, the second CHIPS Act award
New York Times · 2024-01-04 · #11
Pricing starts at $1,299+ for the XPS 13, $1,699+ for the XPS 14, and $1,899+ for the XPS 16.
confirmed 1 article 2024-01-04
XPS 13 XPS 14 XPS 16 $1,299+ $1,699+ $1,899+
Dell announces the $1,299+ XPS 13, the $1,699+ XPS 14, replacing the XPS 13 Plus, and the $1,899+ XPS 16, offering Intel Core 7 and 9 and up to 4TB of storage
The Verge · 2024-01-04 · #10
OpenAI reportedly offered some media companies as little as $1M–$5M per year to license their news articles for use in model training.
rumored 1 article 2024-01-04
OpenAI media companies news articles
Sources: OpenAI offered some media companies as little as between $1M and $5M per year to license their news articles for use in model training, a tiny amount
The Information · 2024-01-04 · #8
Mobileye attributed the expected decline in customer orders to automakers having stocked up on chips during the shortages, reducing near-term demand.
confirmed 1 article 2024-01-04
automakers Mobileye chip stockpiling
Mobileye warned that customer orders may fall in Q1 compared with the year-ago quarter.
confirmed 1 article 2024-01-04
Mobileye customer orders Q1
Mobileye shares fell about 25% after the company warned that customer orders may decline.
confirmed 1 article 2024-01-04
Mobileye shares
Perplexity raised $74M at a $520M valuation from IVP, Jeff Bezos, and other investors; the AI-based answer engine has ~10M MAUs and the round is one of the largest recent raises by an internet search startup.
confirmed 1 article 2024-01-04
Perplexity IVP Jeff Bezos other investors
Perplexity, which offers an AI-based “answer engine” with ~10M MAUs to compete with Google, raised $74M at a $520M valuation from IVP, Jeff Bezos, and others
Wall Street Journal · 2024-01-04 · #5
Chainalysis reports consumers lost $1.3B to HyperVerse in 2022.
confirmed 1 article 2024-01-04
Chainalysis HyperVerse consumers
The CEO of collapsed crypto fund HyperVerse, introduced to investors in 2021, doesn't appear to exist; Chainalysis: consumers lost $1.3B to HyperVerse in 2022
The Guardian · 2024-01-04 · #2
HyperVerse, a crypto fund, is described as collapsed.
confirmed 1 article 2024-01-04
HyperVerse
The CEO of collapsed crypto fund HyperVerse, introduced to investors in 2021, doesn't appear to exist; Chainalysis: consumers lost $1.3B to HyperVerse in 2022
The Guardian · 2024-01-04 · #2
PYMNTS reports 25% of streaming customers are canceling multiple subscriptions.
confirmed 1 article 2024-01-03
PYMNTS.com streaming customers multiple subscriptions
Antenna: 6.3% of US customers cancelled major streaming services in November 2023, up from 5.1% YoY; 24% canceled three or more services over the past two years
Wall Street Journal · 2024-01-03 · #28
Prediction that venture capital investing will remain flat in 2024.
rumored 1 article 2024-01-03
Venture capital
2024 predictions: AI will help make Web3 usable in mainstream applications and Web3 will help us trust AI, Web3 regulatory clarity, flat VC investing, and more
AVC · 2024-01-03 · #4
Reported observation that capital markets have found their footing and are moving higher entering 2024.
rumored 1 article 2024-01-03
Capital markets
2024 predictions: AI will help make Web3 usable in mainstream applications and Web3 will help us trust AI, Web3 regulatory clarity, flat VC investing, and more
AVC · 2024-01-03 · #4
Saylor said he would use the proceeds from the share sales to address personal obligations and to buy more bitcoin into his personal account.
confirmed 1 article 2024-01-03
Michael Saylor personal obligations bitcoin
SEC filing: MicroStrategy Executive Chairman Michael Saylor begins selling $216M worth of shares; Saylor remains “optimistic about MicroStrategy's prospects”
CoinDesk · 2024-01-03 · #6
Saylor remains optimistic about MicroStrategy's prospects.
confirmed 1 article 2024-01-03
Michael Saylor MicroStrategy
SEC filing: MicroStrategy Executive Chairman Michael Saylor begins selling $216M worth of shares; Saylor remains “optimistic about MicroStrategy's prospects”
CoinDesk · 2024-01-03 · #6
Shein and Temu act as a lifeline for Chinese exporters and suppliers through their shopping apps, offering sales channels.
confirmed 1 article 2024-01-03
Shein Temu Chinese exporters suppliers
A look at Shein's and Temu's Chinese supply chain: a lifeline to suppliers, but the margins are razor-thin, prices must stay low, and some drown in unsold stock
Wall Street Journal · 2024-01-03 · #10
Some Chinese suppliers end up with excess unsold stock and face financial strain as a consequence.
confirmed 1 article 2024-01-03
Chinese suppliers
A look at Shein's and Temu's Chinese supply chain: a lifeline to suppliers, but the margins are razor-thin, prices must stay low, and some drown in unsold stock
Wall Street Journal · 2024-01-03 · #10
X offers Verified Organizations Full Access at $1,000/month.
confirmed 1 article 2024-01-03
X Verified Organizations Full Access
X launches a Verified Organizations Basic tier for $200/month or $2,000/year, in addition to Full Access for $1,000/month and $50/month for each US affiliate
The Verge · 2024-01-03 · #12
X charges $50/month for each US affiliate under its Verified Organizations offering.
confirmed 1 article 2024-01-03
X US affiliate fee
X launches a Verified Organizations Basic tier for $200/month or $2,000/year, in addition to Full Access for $1,000/month and $50/month for each US affiliate
The Verge · 2024-01-03 · #12
Articul8 AI is backed by DigitalBridge and other investors.
confirmed 1 article 2024-01-03
Articul8 AI DigitalBridge other investors
Israel sets aside $100M to shield its tech startups from the fallout of its war with Hamas.
confirmed 1 article 2024-01-03
Israel tech startups
Israel, which has so far set aside $100M to shield its tech startups from the fallout from its war with Hamas, calls upon private investors to help the sector
Financial Times · 2024-01-03 · #26
Israel calls upon private investors to help and support its tech startups affected by the war with Hamas.
confirmed 1 article 2024-01-03
Israel private investors tech startups
Israel, which has so far set aside $100M to shield its tech startups from the fallout from its war with Hamas, calls upon private investors to help the sector
Financial Times · 2024-01-03 · #26
Robin AI raises $26M in a Series B funding round.
confirmed 1 article 2024-01-03
Robin AI $26M
London-based Robin AI, which develops a free Microsoft Word add-in for creating and reviewing legal contracts using Anthropic's Claude, raised a $26M Series B
SiliconANGLE · 2024-01-03 · #27