Category Archives: Tech

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SoftBank-backed metaverse firm Improbable sells a key gaming venture for $97 million

Improbable has sold The Multiplayer Group, a multiplayer games services company it bought in 2019, to Keywords Studios for £76.5 million ($97.1 million).

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Apple offers to let rivals access tap-and-go tech in EU antitrust case 

Reuters exclusively reported that Apple (AAPL.O) has offered to let rivals access its tap-and-go mobile payments systems used for mobile wallets, three people familiar with the matter said, a move that could settle EU antitrust charges and stave off a … Continue reading

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After US curbs, Tencent and small chip designers chase Nvidia’s China crown 

Reuters exclusively reported that Chinese chip designers including Tencent Holdings (0700.HK) are aggressively pitching their AI chips as alternatives to Nvidia’s (NVDA.O), hoping U.S. export restrictions will prompt clients to switch, said four people familiar with such discussions. California-based Nvidia … Continue reading

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Huawei approaches Audi, Mercedes about smart car investment

Reuters exclusively reported that China’s Huawei Technologies has asked Mercedes Benz (MBGn.DE) and Volkswagen’s Audi if they are interested in buying small stakes in its smart car software and components firm, according to three people with knowledge of the discussions.The … Continue reading

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Shares of Chinese AI giant SenseTime plunge to an all-time low after founder’s death

SenseTime shares plunged 18.25% in Monday morning, hitting an all-time low after the AI company announced the death of its founder Tang Xiao’ou.

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Cruise cuts a quarter of its self-driving workforce, another e-scooter startup folds and a special year-end message

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, … Continue reading

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IT budgets should increase in 2024, but it still could be tough going for startups

What does it all mean for startups entering 2024? It means they have to prove their worth more than ever. © 2023 TechCrunch. All rights reserved. For personal use only.

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The techno-optimists and doomsdayers inside Silicon Valley’s most dangerous AI debate

The generative AI debate is dividing the tech industry and bringing terms like ‘e/acc’ and ‘decel’ into public conversations.

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Fintech’s wild ride in 2023

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up!  What a year This is … Continue reading

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The Rule of X and how cloud leaders should think about growth versus profit

Assigning equal weight to growth and profitability for late-stage businesses is flawed and has caused misguided business decisions. © 2023 TechCrunch. All rights reserved. For personal use only.

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