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Recent Posts
- After rejecting Google takeover, cyber firm Wiz says it will IPO ‘when the stars align’
- Byju’s founder says his edtech startup, once worth $22B, is now ‘worth zero’
- The surprising way OpenAI could reportedly get out of its pact with Microsoft
- Former watch trader is now building the AWS of grid storage, Terralyr
- Intel seeks billions for minority stake in Altera business, sources say
Archives
Monthly Archives: July 2024
PlayStation Plus free games for August revealed: Lego Star Wars and Five Nights at Freddy’s
PlayStation Plus Essential subscribers will get Lego Star Wars The Skywalker Saga, Five Nights at Freddy’s Security Breach, and Ender Lilies: Quietus of the Knights in August. The Lego Star Wars series is this month’s headline attraction and relives all the … Continue reading
Arm issues light earnings guidance as the company stops disclosing number of chips reported as shipped
After facing declines in chip shipment counts, now Arm is focusing on higher-value markets, including accelerators for artificial intelligence.
Meta’s Reality Labs posts $4.5 billion loss in second quarter
Meta’s virtual reality and augmented reality focused Reality Labs unit recorded an operating loss of $4.48 billion in the second quarter.
Qualcomm beats estimates and phone chip sales are up 12%
Handset sales rose 12% on a year-over-year basis, which suggests that a deep slump in smartphone sales over the past two years is abating.
AI startups ramp up federal lobbying efforts
AI lobbying at the U.S. federal level is intensifying in the midst of a continued generative AI boom and an election year that could influence future AI regulation. New data from OpenSecrets, a nonprofit group that tracks and publishes metrics … Continue reading
Bungie employees say they were caught off-guard by 17% staff reduction
Bungie, the gaming company that created sci-fi hits such as Halo, Destiny, and Marathon, has laid off 220 employees, roughly a 17% reduction to its workforce, the company announced Wednesday. This is Bungie’s second round of layoffs since it was … Continue reading
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Copyright Office tells Congress: ‘Urgent need’ to outlaw AI-powered impersonation
The U.S. Copyright Office has issued the first part of a report on how AI may affect its domain, and its first recommendation out of the gate is: we need a new law right away to define and combat AI-powered … Continue reading
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Kamala Harris gets support of more than 100 VCs and tech execs in online pledge
In an online pledge on Wednesday, more than 100 tech investors and entrepreneurs said they’re supporting Kamala Harris in her presidential bid.
Nvidia shares soar 11% after Microsoft quells fears that AI buildout is too fast
Microsoft plans to spend even more on Nvidia-based infrastructure next year than it did this year.
Microsoft Says Ransomware Groups Are Exploiting the Newly-Patched VMware ESXi Flaw
The CVE-2024-37085 vulnerability is present in ESXi hypervisors and can be used to deploy data-extortion malware.
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