SoftBank Vision Fund posts first annual gain in 3 years, up $4.6 billion

Posted on May 13, 2024 by Techme101

SoftBank posted a 7.24 billion Japanese yen ($4.6 billion) gain on its Vision Fund in the fiscal year ended March.

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Musk wins court reprieve in fight against Australian government over church stabbing videos

Posted on May 13, 2024 by Techme101

Bishop Mar Mari Emmanuel was stabbed during a livestreamed sermon that was widely circulated online, racking up hundreds of thousands of views.  

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SoftBank’s Arm to reportedly launch AI chips by 2025 to capture explosive demand

Posted on May 13, 2024 by Techme101

The U.K.-based chip designer, in which SoftBank has a 90% stake, will set up an AI chip unit to build a prototype by spring 2025, according to the report.

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Internet access linked to higher wellbeing, study finds

Posted on May 13, 2024 by Techme101

The Oxford study comes as concern about the impact of internet use prompts laws in many countries.

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Women in AI: Rep. Dar’shun Kendrick wants to pass more AI legislation

Posted on May 12, 2024 by Techme101

To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch has been publishing a series of interviews focused on remarkable women who’ve contributed to the AI revolution. We’re publishing these pieces throughout the year as the AI boom continues, highlighting key work that often goes unrecognized. Read more profiles here. […]
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A reckoning is coming for emerging venture funds, and that, VCs say, is a good thing

Posted on May 12, 2024 by Techme101

We took the pulse of emerging fund managers about what it’s been like for them during these post-ZERP, venture-capital-winter years.
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Elon Musk’s Diplomacy: Woo Right-Wing World Leaders. Then Benefit.

Posted on May 12, 2024 by Techme101

Mr. Musk has built a constellation of like-minded heads of state — including Argentina’s Javier Milei and India’s Narendra Modi — to push his own politics and expand his business empire.

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Workers at a Maryland Apple store authorize strike

Posted on May 12, 2024 by Techme101

It’s been a busy weekend for union organizing efforts at U.S. Apple stores, with the union at one store voting to authorize a strike, while workers at another store voted against forming a union. Back in 2022, workers the Apple store in Towson, Maryland became organized the first formally recognized union at an Apple retail […]
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Alora Baby aims to push baby gear away from the ‘landfill economy’

Posted on May 12, 2024 by Techme101

Alora Baby is not just aiming to manufacture baby cribs in an environmentally friendly way but is attempting to overhaul the whole lifecycle of a product
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Go on, let bots date other bots

Posted on May 12, 2024 by Techme101

Bumble founder and executive chair Whitney Wolfe Herd raised eyebrows this week with her comments about how AI might change the dating experience. During an onstage interview, Bloomberg’s Emily Chang brought up bots posing as real people, or real people falling in love with bots, as examples of how AI might make online dating worse. […]
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