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npub1t0qu...ayut 2 years ago
Cambridge-based CuspAI, which is developing AI-powered tech for designing new materials, raised a $30M seed and has added Geoffrey Hinton to its advisory board (Mark Bergen/Bloomberg) https://www.bloomberg.com/news/articles/2024-06-18/ai-legend-geoffrey-hinton-to-advise-uk-green-materials-startup
Techmeme
Cambridge, UK-based CuspAI, which is developing AI-powered tech for designing new materials, raised a $30M seed and adds Geoffrey Hinton to its advisory board
By Mark Bergen / Bloomberg. View the full context on Techmeme.
npub1t0qu...ayut 2 years ago
Signal president Meredith Whittaker warns the EU's recent "upload moderation" proposal to detect CSAM "fundamentally undermines encryption" of messaging apps (Natasha Lomas/TechCrunch)
TechCrunch
Stop playing games with online security, Signal president warns EU lawmakers | TechCrunch
A controversial European Union legislative proposal to scan the private messages of citizens in a bid to detect child sexual abuse material (CSAM) ...
Techmeme
Signal President Meredith Whittaker warns the EU
By Natasha Lomas / TechCrunch. View the full context on Techmeme.
npub1t0qu...ayut 2 years ago
Sources: Shein CEO Xu Yangtian has deliberately kept a low profile for fear of attracting unwanted public attention; Shein has never published any photos of him (Wency Chen/South China Morning Post)
South China Morning Post
As Shein chases IPO, its Chinese founder stays under cloak of secrecy
Even by the standards of Chinese tech business leaders, the lack of public information about Xu Yangtian is unusual.
Techmeme
Sources: Shein CEO Xu Yangtian has deliberately kept a low profile for fear of attracting unwanted public attention; Shein has never published any photos of him
By Wency Chen / South China Morning Post. View the full context on Techmeme.
npub1t0qu...ayut 2 years ago
Finbourne, which helps financial companies organize and use their data in AI and other models, raised a £55M Series B at a valuation just over £280M (Ingrid Lunden/TechCrunch)
TechCrunch
Finbourne taps $70M for tech that turns financial data dust into AI gold  | TechCrunch
Finbourne, founded out of London’s financial center, has built a platform to help financial companies organize and use more of their data in AI a...
Techmeme
Finbourne, which helps financial companies organize and use their data in AI and other models, raised a £55M Series B at a valuation just over £280M
By Ingrid Lunden / TechCrunch. View the full context on Techmeme.
npub1t0qu...ayut 2 years ago
Q&A with Tubi CEO Anjali Sud, who joined from Vimeo in September 2023, on the streaming industry, working within Fox, subscription fatigue, copyright, and more (Nilay Patel/The Verge)
The Verge
How Tubi CEO Anjali Sud plans to compete with Netflix and TikTok
Tubi’s free TV strategy puts it between free social video and paid streaming.
Techmeme
Q&A with Tubi CEO Anjali Sud, who joined from Vimeo in September 2023, on the streaming industry, working within Fox, subscription fatigue, copyright, and more
By Nilay Patel / The Verge. View the full context on Techmeme.
npub1t0qu...ayut 2 years ago
Constructor, which provides an AI-powered product discovery and search service for e-commerce companies, raised a $25M Series B at a $550M valuation (Abhinaya Prabhu/Tech Funding News)
Tech Funding News
Constructor raises $25M for e-commerce companies to transform product discovery with AI — TFN
Constructor, an AI-powered product discovery and search platform for enterprise ecommerce companies, has closed a $25 million Series B round.
Techmeme
Constructor, which provides an AI-powered product discovery and search service for e-commerce companies, raised a $25M Series B at a $550M valuation
By Abhinaya Prabhu / Tech Funding News. View the full context on Techmeme.
npub1t0qu...ayut 2 years ago
Adobe unveils Firefly-powered image generation in Acrobat, and support for analysis of multiple documents, including non-PDF files, in Acrobat AI Assistant (Calvin Wankhede/Android Authority)
Android Authority
Adobe upgrades Acrobat AI chatbot to add multi-document analysis, image generation
Adobe's PDF editing software already has an AI chatbot but the assistant can now also analyze non-PDF file types and generate images.
Techmeme
Adobe updates Acrobat with Firefly-powered AI image generation, AI Assistant supporting analysis of multiple documents, including non-PDF files, and more
By Calvin Wankhede / Android Authority. View the full context on Techmeme.
npub1t0qu...ayut 2 years ago
Inside Snapchat's teen opioid crisis: law-enforcement sources and parents allege that the company has helped fuel an overdose epidemic across the US (Paul Solotaroff/Rolling Stone)
Inside Snapchat's Teen Opioid Overdose Crisis
Drug dealers have used Snapchat to sell fake pills to teens, but these opioids are often laced with fentanyl, helping to fuel an overdose epidemic
Techmeme
Inside Snapchat
By Paul Solotaroff / Rolling Stone. View the full context on Techmeme.
npub1t0qu...ayut 2 years ago
Real-time data analytics startup Tinybird raised a $30M Series B, at a "significantly higher" valuation than its $37M Series A; source: it's now valued at $240M (Romain Dillet/TechCrunch)
TechCrunch
Tinybird raises another $30 million to transform data into real-time APIs | TechCrunch
Tinybird is not so tiny anymore. The enterprise data startup TechCrunch first covered three years ago has been growing at a rapid pace and recently...
Techmeme
Real-time data analytics startup Tinybird raised a $30M Series B, at a “significantly higher” valuation than its $37M Series A; source: it
By Romain Dillet / TechCrunch. View the full context on Techmeme.
npub1t0qu...ayut 2 years ago
Coinbase debuts "pre-launch markets" on its global and advanced exchanges outside the US, UK, and Canada, for positions on tokens before they hit spot exchanges (Lawrence Lewitinn/The Block) https://www.theblock.co/post/300497/coinbase-starts-offering-pre-launch-markets-trading-on-its-international-and-advanced-exchanges
Techmeme
Coinbase debuts “pre-launch markets” to let International and Advanced users outside of the US, the UK, and Canada trade tokens before they hit spot exchanges
By Lawrence Lewitinn / The Block. View the full context on Techmeme.
npub1t0qu...ayut 2 years ago
Microsoft says the latest version of Windows 11, version 24H2 now in the Release Preview Channel, is "only available for Copilot+ PCs devices" (Mark Hachman/PCWorld)
Windows 11's latest update is kind of insane, in a bad way | PCWorld
Techmeme
Microsoft says Windows 11 version 24H2, now in the Release Preview Channel, is “targeting Copilot+ PCs devices” and devices previously using Insider 24H2 builds
By Mark Hachman / PCWorld. View the full context on Techmeme.
npub1t0qu...ayut 2 years ago
Tether, the top stablecoin provider, says it made a new synthetic dollar that is backed by gold and will trade as aUSDT via smart contracts on Ethereum Mainnet (María Paula Mijares Torres/Bloomberg) https://www.bloomberg.com/news/articles/2024-06-17/tether-announces-a-new-synthetic-dollar-that-is-backed-by-gold
Techmeme
Stablecoin provider Tether announces a synthetic dollar backed by gold that will trade as aUSDT via smart contracts on the Ethereum Mainnet blockchain
By María Paula Mijares Torres / Bloomberg. View the full context on Techmeme.
npub1t0qu...ayut 2 years ago
Mandiant: up to 10 companies breached in a campaign targeting Snowflake customers have been extorted with stolen data and face ransom demands from $300K to $5M (Bloomberg) https://www.bloomberg.com/news/articles/2024-06-17/hackers-demanding-as-much-as-5-million-from-snowflake-clients
Techmeme
Mandiant: up to 10 companies breached in a campaign targeting Snowflake customers have been extorted with stolen data and face ransom demands from $300K to $5M
From Bloomberg. View the full context on Techmeme.
npub1t0qu...ayut 2 years ago
DeepMind is developing AI tech to take raw pixels of videos and generate synced soundtracks; it's not too convincing, and there are no plans to release publicly (Kyle Wiggers/TechCrunch)
TechCrunch
DeepMind's new AI generates soundtracks and dialogue for videos | TechCrunch
DeepMind claims that its new generative AI tech can take a video and generate sound effects, music and even dialogue.
Techmeme
Google DeepMind is building AI tech to take raw pixels of videos and make synced soundtracks; the tech is not convincing, and Google has no public release plans
By Kyle Wiggers / TechCrunch. View the full context on Techmeme.
npub1t0qu...ayut 2 years ago
Apple says it is no longer offering Apple Pay Later, the "buy now, pay later" service that launched in the United States last year (Chance Miller/9to5Mac)
9to5Mac
Apple discontinuing Apple Pay Later, ahead of new features launching this fall - 9to5Mac
Apple has announced that it is no longer offering Apple Pay Later, the “buy now, pay later” service that launched...
Techmeme
Apple says it will no longer offer Apple Pay Later, the BNPL service launched in the US in 2023, and will focus on installment loan features coming in 2024
By Chance Miller / 9to5Mac. View the full context on Techmeme.
npub1t0qu...ayut 2 years ago
Finaloop, which offers accounting tools to e-commerce businesses, raised a $35M Series A led by Lightspeed and says its customer base grew 400% in the last year (Ingrid Lunden/TechCrunch)
TechCrunch
From sperm freezing to accounting tools, Finaloop scores $35M to solve e-commerce retailers' bookkeeping headaches | TechCrunch
Finaloop’s solution is a platform that uses automation in the background to track transactions covering three different functions in one.
Techmeme
Finaloop, which offers accounting tools to e-commerce businesses, raised a $35M Series A led by Lightspeed and says its customer base grew 400% in the last year
By Ingrid Lunden / TechCrunch. View the full context on Techmeme.
npub1t0qu...ayut 2 years ago
Uber says "tens of thousands of riders" in Phoenix have matched with a "Waymo (AI) driver" and have given "a nearly 4.9 average star rating" (Alan Ohnsman/Forbes)
Forbes
Waymo’s Robotaxis Are Finally A Real Business For Google
The Alphabet unit, which operates its ride service in three big cities and is adding a fourth, is starting to generate significant revenue. But saf...
Techmeme
Uber says “tens of thousands of riders” in Phoenix have matched with a “Waymo (AI) driver” and have given “a nearly 4.9 average star rating” since the launch
By Alan Ohnsman / Forbes. View the full context on Techmeme.
npub1t0qu...ayut 2 years ago
The US DOJ sues Adobe for allegedly harming "consumers by enrolling them in its default, most lucrative subscription plan without clearly disclosing" plan terms (Emma Roth/The Verge)
The Verge
US sues Adobe for “deceiving” subscriptions that are too hard to cancel
The DOJ accuses Adobe of trapping users in subscriptions.
Techmeme
The US DOJ sues Adobe for allegedly harming “consumers by enrolling them in its default, most lucrative subscription plan without clearly disclosing” plan terms
By Emma Roth / The Verge. View the full context on Techmeme.
npub1t0qu...ayut 2 years ago
Naver-owned online comics platform Webtoon aims to raise up to $315M in a US IPO, offering shares for $18 to $21 each and targeting an up to $2.67B valuation (Arasu Kannagi Basil/Reuters) https://www.reuters.com/markets/us/navers-webtoon-entertainment-targets-up-267-bln-valuation-us-ipo-2024-06-17/
Techmeme
Naver-owned online comics platform Webtoon aims to raise up to $315M in a US IPO, offering shares for $18 to $21 each and targeting an up to $2.67B valuation
By Arasu Kannagi Basil / Reuters. View the full context on Techmeme.
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