Sources say those companies are shifting some orders away from Nvidia's chips to Huawei's China-made AI chips.
rumored 1 article 2024-01-07
Alibaba Tencent Baidu ByteDance Huawei's China-made chips
Sources: Alibaba, Tencent, Baidu, and ByteDance aren't keen on buying Nvidia's lower-powered AI chips and are shifting some orders to Huawei's China-made chips
Wall Street Journal · 2024-01-07 · #7
Neobank Dave agrees to pay $71M to FTX liquidators to repurchase a $100M convertible promissory note it issued to FTX Ventures in 2022.
confirmed 1 article 2024-01-07
Dave FTX liquidators convertible promissory note ($100M) FTX Ventures
Neobank Dave reaches an agreement to pay $71M to FTX liquidators to buy back a $100M convertible promissory note that the neobank issued to FTX Ventures in 2022
Cointelegraph · 2024-01-07 · #6
U.S. national security officials have raised concerns that North Korea may be using stolen cryptocurrency to develop or fund nuclear weapons.
confirmed 1 article 2024-01-07
U.S. national security officials North Korea stolen cryptocurrency nuclear weapons
TRM Labs: North Korea-affiliated hackers were responsible for almost a third of all crypto thefts in 2023, stealing $600M+, which is ~30% less than in 2022
CoinDesk · 2024-01-07 · #5
They stole over $600 million in cryptocurrency in 2023, which is roughly 30% less than the amount stolen in 2022.
confirmed 1 article 2024-01-07
North Korea-affiliated hackers $600M+
TRM Labs: North Korea-affiliated hackers were responsible for almost a third of all crypto thefts in 2023, stealing $600M+, which is ~30% less than in 2022
CoinDesk · 2024-01-07 · #5
Apple faces the challenge of reviving revenue growth in 2024.
confirmed 1 article 2024-01-07
Apple revenue growth
SK Hynix produced the largest jump in market capitalization among Korea Exchange-listed companies in 2023.
confirmed 1 article 2024-01-06
SK Hynix Korea Exchange-listed companies
SK Hynix was second behind Samsung Electronics in the Korea Exchange's market cap ranking at the end of 2023, with its market cap rising 89% to ~$78B in 2023
Nikkei Asia · 2024-01-06 · #10
Battery-related company valuations fell as electric vehicle sales lagged expectations.
confirmed 1 article 2024-01-06
Battery-related companies
SK Hynix was second behind Samsung Electronics in the Korea Exchange's market cap ranking at the end of 2023, with its market cap rising 89% to ~$78B in 2023
Nikkei Asia · 2024-01-06 · #10
RoboSense's shares fell about 2% on their Hong Kong stock market debut.
confirmed 1 article 2024-01-06
RoboSense
Alibaba-backed Chinese lidar maker RoboSense raised $126.14M in its Hong Kong IPO, with the stock falling 2% on its debut
CNBC · 2024-01-06 · #8
SK Hynix's market capitalization rose 89% in 2023 to about $78 billion.
confirmed 1 article 2024-01-06
SK Hynix
SK Hynix was second behind Samsung Electronics in the Korea Exchange's market cap ranking at the end of 2023, with its market cap rising 89% to ~$78B in 2023
Nikkei Asia · 2024-01-06 · #10
SK Hynix ranked second behind Samsung Electronics on the Korea Exchange market-cap ranking at the end of 2023.
confirmed 1 article 2024-01-06
SK Hynix Samsung Electronics Korea Exchange
SK Hynix was second behind Samsung Electronics in the Korea Exchange's market cap ranking at the end of 2023, with its market cap rising 89% to ~$78B in 2023
Nikkei Asia · 2024-01-06 · #10
Alibaba is a backer of RoboSense.
confirmed 1 article 2024-01-06
Alibaba RoboSense
Alibaba-backed Chinese lidar maker RoboSense raised $126.14M in its Hong Kong IPO, with the stock falling 2% on its debut
CNBC · 2024-01-06 · #8
CertiK reports $219 million was returned across 36 incidents via so-called retroactive bug bounties.
confirmed 1 article 2024-01-06
CertiK $219M returned 36 incidents retroactive bug bounties
CertiK: $1.8B+ in digital assets was lost across 751 crypto hacks in 2023, down 51% from the $3.7B lost in 2022; Q3 2023 recorded the most losses, at $686M+
Cointelegraph · 2024-01-06 · #28
CertiK notes Q3 2023 recorded the highest quarterly losses, at over $686 million.
confirmed 1 article 2024-01-06
CertiK Q3 2023 $686M+
CertiK: $1.8B+ in digital assets was lost across 751 crypto hacks in 2023, down 51% from the $3.7B lost in 2022; Q3 2023 recorded the most losses, at $686M+
Cointelegraph · 2024-01-06 · #28
CertiK states 2023 losses (~$1.8B+) represent a 51% decrease from the $3.7B lost in 2022.
confirmed 1 article 2024-01-06
CertiK 2022 $3.7B 51% decrease
CertiK: $1.8B+ in digital assets was lost across 751 crypto hacks in 2023, down 51% from the $3.7B lost in 2022; Q3 2023 recorded the most losses, at $686M+
Cointelegraph · 2024-01-06 · #28
CertiK reports that more than $1.8 billion was lost across 751 crypto hacks in 2023.
confirmed 1 article 2024-01-06
CertiK $1.8B+ 751 crypto hacks 2023
CertiK: $1.8B+ in digital assets was lost across 751 crypto hacks in 2023, down 51% from the $3.7B lost in 2022; Q3 2023 recorded the most losses, at $686M+
Cointelegraph · 2024-01-06 · #28
Microsoft discontinued its PC accessories business in 2023.
confirmed 1 article 2024-01-06
Microsoft PC accessories
Incase partners with Microsoft to sell PC accessories, which Microsoft discontinued in 2023; new products include ones that Microsoft designed but never shipped
The Verge · 2024-01-06 · #27
The global MVNO market is expected to grow 40% in the next five years to $116.8B.
confirmed 1 article 2024-01-06
Global MVNO market 40% growth over five years $116.8B by five years
A look at the MVNO market as eSIM eases distribution; the global MVNO market is valued at $84B and is expected to grow 40% in the next five years to $116.8B
TechCrunch · 2024-01-06 · #19
RoboSense raises $126.14M (HK$985.12M) in its Hong Kong initial public offering.
confirmed 1 article 2024-01-06
RoboSense
Alibaba-backed Chinese lidar maker RoboSense raised $126.14M in its Hong Kong IPO, with the stock falling 2% on its debut
CNBC · 2024-01-06 · #8
British Library will spend £6M-£7M, around 40% of its reserves, to recover from an October 2023 cyber attack that rendered most of its services inaccessible.
confirmed 1 article 2024-01-06
British Library £6M-£7M 40% of reserves October 2023 cyber attack
The global MVNO market is currently valued at $84B.
confirmed 1 article 2024-01-06
Global MVNO market $84B
A look at the MVNO market as eSIM eases distribution; the global MVNO market is valued at $84B and is expected to grow 40% in the next five years to $116.8B
TechCrunch · 2024-01-06 · #19
Adobe reports US online holiday sales for Nov 1–Dec 31, 2023 reached a record $222.1B, up 4.9% year-over-year.
confirmed 1 article 2024-01-05
Adobe US online holiday sales (Nov 1–Dec 31, 2023)
Adobe: US online holiday sales between November 1 and December 31, 2023, reached a record $222.1B, up 4.9% YoY; BNPL contributed a record $16.6B, up 14% YoY
PYMNTS.com · 2024-01-05 · #19
Paul Buchheit, Susan Wojcicki and Ashish Vaswani are noted as investors in Perplexity's earlier Seed and Series A rounds.
confirmed 1 article 2024-01-05
Paul Buchheit Susan Wojcicki Ashish Vaswani Perplexity
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 · 2024-01-05 · #26
Jeff Bezos participated as an investor in Perplexity's Series B round.
confirmed 1 article 2024-01-05
Jeff Bezos Perplexity
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 · 2024-01-05 · #26
IVP is reported as the lead investor in Perplexity's Series B round.
confirmed 1 article 2024-01-05
IVP Perplexity
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 · 2024-01-05 · #26
Perplexity served more than half a billion queries in 2023.
confirmed 1 article 2024-01-05
Perplexity 500M+ 2023
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 · 2024-01-05 · #26
Perplexity's Series B values the company at approximately $520 million.
confirmed 1 article 2024-01-05
Perplexity $520M
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 · 2024-01-05 · #26
Perplexity raised approximately $74M in a Series B round at a reported $520M valuation, led by IVP with participation from Jeff Bezos and other investors.
confirmed 1 article 2024-01-05
Perplexity IVP Jeff Bezos NEA Elad Gil Nat Friedman NVIDIA Tobi Databricks Naval Ravikant Guillermo Rauch Balaji Srinivasan Factorial Funds Kindred Ventures DVC Austen Allred Erik Torenberg
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 · 2024-01-05 · #26
James McGirk finds the analysis interesting and notes particular interest in details about funding.
confirmed 1 article 2024-01-05
James McGirk Brendan McCord's analysis
A look at the current AI philosophy landscape of existential pessimism vs. accelerationism, and the need for a balanced, enterprising optimism as the third way
Cosmos Institute · 2024-01-05 · #21
Adobe reports Buy Now, Pay Later (BNPL) contributed a record $16.6B to US online holiday sales in the Nov 1–Dec 31, 2023 period, up 14% year-over-year.
confirmed 1 article 2024-01-05
Adobe BNPL US online holiday sales (Nov 1–Dec 31, 2023)
Adobe: US online holiday sales between November 1 and December 31, 2023, reached a record $222.1B, up 4.9% YoY; BNPL contributed a record $16.6B, up 14% YoY
PYMNTS.com · 2024-01-05 · #19
Logan Paul says he is personally committing more than $2.3M to offer refunds for CryptoZoo, the allegedly fraudulent Pokémon-inspired NFT game he launched in 2021.
confirmed 1 article 2024-01-05
Logan Paul CryptoZoo
Logan Paul says he is “personally committing” $2.3M+ to offer refunds for CryptoZoo, the allegedly fraudulent Pokémon-inspired NFT game that he launched in 2021
TechCrunch · 2024-01-05 · #10