Tuesday, August 8, 2023

Micromax, smartphone sales stalled, eyes a steer into electric vehicles

Micromax Informatics once had a firm grip on the local mobile phone market in India, for a time passing stalwarts like Samsung, icons like Apple and many more to be the biggest handset maker of them all. But a mix of stronger (and cheaper) competition, coupled with the rapid pace of technology development and the […]

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Zoom knots itself a legal tangle over use of customer data for training AI models

Three years ago Zoom settled with the FTC over a claim of deceptive marketing around security claims, having been accused of overstating the strength of the encryption it offered. Now the videoconferencing platform could be headed for a similar tangle in Europe in relation to its privacy small print. The recent terms & conditions controversy […]

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Singapore wealth management platform Endowus raises $35M

Back in 2021 and early 2022, there was a flurry of VC interest in Southeast Asian investment apps. One of them was Singapore-based Endowus, which raised two rounds in rapid succession: a Series A in June 2021 followed just seven months later by $25.6 million in follow-on funding. Now two years later, despite a much […]

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BlueJeans folds

Verizon dropped hundreds on millions on BlueJeans at the height of pandemic lockdowns. Three years and some change later, the lesser-known video-conferencing app is done for, the telecom giant told users today. In a mass email, Verizon wrote that it “made the difficult decision to sunset our suite of BlueJeans products.” 9to5Google first reported the […]

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WeWork goes from a $47B valuation to ‘substantial doubts’ about its ‘ability to continue as a going concern’

WeWork is struggling to survive in a post-pandemic world. In announcing its earnings today, the flexible space provider said that “substantial doubt exists about the company’s ability to continue as a going concern.” WeWork has faced a number of challenges for years now, and with so many companies abandoning office space and more people being […]

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These robotics companies are hiring

I certainly wouldn’t go so far as to say the robotics industry is recession-proof, but it’s remained remarkably stable through a turbulent few years of economic instability. Automation is was accelerated dramatically by the pandemic and interest only continues to grow. That’s a good thing for the people who are needed to create and build […]

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Nvidia teams up with Hugging Face to offer cloud-based AI training

Nvidia is partnering with Hugging Face, the AI startup, to expand access to AI compute. Timed to coincide with the annual SIGGRAPH conference this week, Nvidia announced that it’ll support a new Hugging Face service, called Training Cluster as a Service, to simplify the creation of new and custom generative AI models for the enterprise. […]

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Netflix launches a game controller app for playing games on your TV

After last fall signaling its intentions to expand into cloud gaming, Netflix today launched a new app that will soon allow subscribers to play games on their TV. The app, dubbed “Netflix Game Controller,” lets you use your phone as a controller after pairing it with your TV in order to play the games available […]

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X’s takeover of @music handle hints toward possible music plans

X, the company formerly known as Twitter, appears to be hinting toward plans to move deeper into the music industry or collaborate with artists and labels with its recent takeover of the @music handle on the social network. The account was originally operated by software developer Jeremy Vaught, who grew the @music handle to roughly […]

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Cramorant is back, baby

The Pokémon Presents livestream on Tuesday morning was pretty mid. We knew that the Pokémon Scarlet & Violet DLC was coming, and I still refuse to learn what Pokémon Café Remix is, why they’re turning Tatsugiri into sushi, and how to reconcile the ethics of eating Pokémon in-universe. N64’s Pokémon Stadium 2 coming to Switch […]

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Lucid plans to start production of Gravity electric SUV in late 2024

Lucid said Monday it will reveal its long-awaited, all-electric Gravity SUV in November with production not kicking off until late 2024. The EV maker, which has experienced a drop in sales for its well-regarded but pricey luxury sedan, had originally planned to begin producing the Gravity at its factory in Arizona in late 2023. That […]
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Monday, August 7, 2023

China’s draft measures demand ‘individual consent’ for facial recognition use

The pervasive use of facial recognition technology across all facets of life in China has elicited both praise for its convenience and backlash around privacy concerns. The widespread adoption has also fueled the exponential growth of valuations in companies specializing in the field, such as AI giants SenseTime and Megvii. Now the industry is facing […]

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Meet with Samsung Next and other pivotal partners at TechCrunch Disrupt 2023

TechCrunch Disrupt 2023, which runs September 19–21 in San Francisco, is the startup world’s big tent. It draws founders, venture partners, CEOs, engineers, scientists, policy makers, researchers and entrepreneurs, product managers, CMOs, corporate M&A directors, MBA candidates and business developers who form the entire backbone of the startup ecosystem. The basic gist: It’s where startups […]

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Authors are losing their patience with AI, part 349235

On Monday morning, numerous writers woke up to learn that their books had been uploaded and scanned into a massive dataset without their consent. A project of cloud word processor Shaxpir, Prosecraft compiled over 27,000 books, comparing, ranking and analyzing them based on the “vividness” of their language. Many authors — including Young Adult powerhouse […]

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