Techmeme
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A foremost source for tracking technology changes. Spotlighting the writings of reporters, commentators, and industry players from across the media & industry landscape provides the only effective means of offering a comprehensive view.
Techmeme
2h ago
Min Jeong Lee / Bloomberg:
Filings: SoftBank's Vision Fund has seen its US portfolio shrink by ~$29B since the end of 2021 as, sources say, Masayoshi Son plans forays into AI and chips — Masayoshi Son turns away from aggressive style of venture capital investing, leaving the fund's reduced staff as mostly caretakers ..read more
Techmeme
4h ago
Politico:
Sources: tech lobbying group NetChoice kicked TikTok off of its membership rolls after facing pressure from the office of House Majority Leader Steve Scalise — NetChoice, a right-of-center tech lobbying group, dumped the video app following scrutiny from GOP leadership on Capitol Hill ..read more
Techmeme
5h ago
Anthony Capaccio / Bloomberg:
The Pentagon says it worked with Ukraine and SpaceX to successfully block Russian military use of Starlink; some Russian users complain of connectivity issues — - Russian military has used Starlink internet in Ukraine war — Departing space policy chief calls SpaceX ‘very reliable ..read more
Techmeme
6h ago
Kate Park / TechCrunch:
South Korea-based DEEPX, which is building on-device AI chips, raised an ~$80M Series C led by SkyLake at a ~$529M valuation, taking its total funding to ~$95M — DEEPX is a South Korean on-device AI chip (NPU, or neural processing unit) startup that makes hardware and software for various AI applications in electronic devices ..read more
Techmeme
9h ago
Bloomberg:
Microsoft plans to launch its mobile game store in July on the web, first with its own games including Candy Crush Saga, and later open it to other publishers — The store will launch with Microsoft's own games, including Candy Crush Saga, Xbox President Sarah Bond said Thursday at the Bloomberg Technology Summit ..read more
Techmeme
9h ago
Mary Ann Azevedo / TechCrunch:
Instant payment company TabaPay pulls out of its $9.7M deal to buy the assets of banking-as-a-service startup Synapse amid infighting among fintech players — TabaPay has abandoned its plans to purchase the assets of troubled banking-as-a-service startup Synapse, TabaPay confirmed to TechCrunch today ..read more
Techmeme
10h ago
Emily Bary / MarketWatch:
Unity reports Q1 revenue down 8% YoY to $460M, vs. $433M est., a $291M net loss, including $212M of restructuring costs, compared with a $254M loss in Q1 2023 — Matt Bromberg, previously Zynga's chief operating officer, will take over as Unity's CEO later in May ..read more
Techmeme
10h ago
Anna Tong / Reuters:
Sources: OpenAI plans to announce its AI-powered search product on May 13 — OpenAI plans to announce its artificial intelligence-powered search product on Monday, according to two sources familiar with the matter, raising the stakes in its competition with search king Google ..read more
Techmeme
11h ago
Ken Yeung / VentureBeat:
ElevenLabs previews a music-generating AI model, showing samples of songs with lyrics generated from text prompts — Voice AI startup ElevenLabs is offering an early look at a new model that turns a prompt into song lyrics. To raise awareness, it's following a similar playbook Sam Altman used ..read more
Techmeme
11h ago
Tim Nudd / Ad Age:
Apple apologizes for the “Crush” iPad Pro ad and scraps plans to run it on TV; Apple's VP of marketing communications Tor Myhren says “we missed the mark” — The company says its ‘Crush’ spot fell short of its goal of empowering and celebrating creatives ..read more