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Showing posts with the label Sci-TechShow all
A look at the evolution of AI chips and where they are headed, as companies like Google, Amazon, Graphcore, and Cerebras look to challenge Nvidia's dominance (Nicole Kobie/Wired UK)
Leonid Radvinsky, billionaire owner of OnlyFans, ran sites in the '90s promoting "hacked" porn site passwords, including links promising access to child porn (Forbes)
Eltropy, whose suite allows financial institutions to communicate with customers via text messages, announces $21M investment from K1 as part of its Series A (Emma Folts/Los Angeles Business ...)
Brightline, which provides virtual behavioral health therapy for children and teenagers, raises $72M Series B led by GV, bringing its total raised to ~$100M (Heather Landi/FierceHealthcare)
Shopping and pay later app nate, which allows users to buy products from any e-commerce store and centralize their purchases, raises $38M Series A (Omar Faridi/Crowdfund Insider)
Lingokids, which offers educational games through its "playlearning" app for kids aged 2-8, raises $40M Series C and claims to reach 30M+ families worldwide (Dean Takahashi/VentureBeat)
Addepar, a provider of wealth management software, raises $150M from D1 Capital Partners at a $2.17B valuation; source: Addepar was valued at ~$1B in November (Juliet Chung/Wall Street Journal)
Survey: social media users see the removal of hate speech as more fair than removing profanity, with moderators who removed hate speech seen as more trustworthy (Hanaa' Tameez/Nieman Lab)
Drought-stricken communities in the US push back against data centers' water usage; a typical data center uses same water per day as a city of 30K-50K people (Olivia Solon/NBC News)
Apple, whose arrogance and sense of entitlement let it treat developers as a hassle for two decades, will find few allies as it fights looming regulation (Chuq Von Rospach/6FPS)
How an Argentinian govt. program that issued netbooks to 4M low-income students from 2011 to 2015 helped indirectly create a new generation of teen musicians (Juan José Relmucao/Rest of World)
How Roku's unusual corporate culture helped it out-execute larger companies, as it focuses on original programming with plans to spend $1B on content next year (Alex Sherman/CNBC)
South Korea has become a global center for digital sex crimes as cases of illegal filming and distribution of images rose to 7,000 in 2020, up 70% from 2019 (Financial Times)
Microsoft and at least a dozen startups are testing nonconducting liquids to cool servers in data centers, where almost half of the power is used for cooling (Bloomberg)
As China ramps up scrutiny of its tech companies, experts say its antitrust regulator SAMR lacks resources; SAMR only had a staff of about 50 people as of March (Yuan Yang/Financial Times)
Interview with Rep. Cicilline on his bipartisan package taking on Big Tech, Apple's DOJ subpoena, Facebook's platform lock-in, and acquisition and merger reform (Kara Swisher/New York Times)
Booz Allen Hamilton acquires Liberty IT Solutions for $725M; Liberty IT's work includes IT modernization projects for govt. agencies and the healthcare industry (Jeff Clabaugh/WTOP)
Koo, the Indian microblogging app that has positioned itself as a government-friendly alternative to Twitter in India, is taking a similar approach in Nigeria (Rest of World)
PayPal will increase US sellers' costs to 3.49% plus $0.49 per transaction on its payment products starting Aug. 2, up from 2.9% plus $0.30 on most transactions (Reuters)
Dealroom and Tech Nation: UK becomes the third country, after the US and China, to have 100 or more tech unicorns; 34% of UK unicorns are fintech companies (Michiel Willems/cityam.com)