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Tech Meme

TikTok tests the ability to upload 15-minute videos, after adding 10-minute videos in February 2022, as it looks to attract longer-form video creators (Aisha Malik/TechCrunch) 23-10-2023

Aisha Malik / TechCrunch: TikTok tests the ability to upload 15-minute videos, after adding 10-minute videos in February 2022, as it looks to attract longer-form video creators  —  TikTok is testing the ability for users to upload 15 minute videos, the company confirmed to TechCrunch on Monday. Lees verder op Tech Meme

Databricks plans to acquire data startup Arcion, which has raised $18M+, for $100M, after raising $500M in September and acquiring MosaicML for $1.3B in June (Hayden Field/CNBC) 23-10-2023

Hayden Field / CNBC: Databricks plans to acquire data startup Arcion, which has raised $18M+, for $100M, after raising $500M in September and acquiring MosaicML for $1.3B in June  —  – Databricks agreed to acquire Arcion, an enterprise data company, for $100 million on Monday, including incentives … Lees verder op Tech Meme

Sony sold 2.5M copies of Marvel's Spider-Man 2 in the first 24 hours after its October 20 release, becoming the fastest-selling PlayStation Studios game ever (Push Square) 23-10-2023

Push Square: Sony sold 2.5M copies of Marvel’s Spider-Man 2 in the first 24 hours after its October 20 release, becoming the fastest-selling PlayStation Studios game ever  —  Over 2.5 million copies in 24 hours  —  Well, it looks like Sony’s got another blockbuster on its hands. Lees verder op Tech Meme

A Qualcomm document details the upcoming Snapdragon 8 Gen 3, including support for new AI camera tools, like removing objects from videos and expanding photos (Rafly Pratama/MSPoweruser) 23-10-2023

Rafly Pratama / MSPoweruser: A Qualcomm document details the upcoming Snapdragon 8 Gen 3, including support for new AI camera tools, like removing objects from videos and expanding photos  —  Qualcomm will soon release its latest flagship mobile platform, the Snapdragon 8 Gen 3, which will enable generative AI … Lees verder op Tech Meme

SK Hynix's stock surged 67% in 2023 due to its Nvidia deal, while Samsung's stock is up 24%, on track to underperform SK Hynix by the most in nearly a decade (Bloomberg) 23-10-2023

Bloomberg: SK Hynix’s stock surged 67% in 2023 due to its Nvidia deal, while Samsung’s stock is up 24%, on track to underperform SK Hynix by the most in nearly a decade  —  – SK Hynix has jumped 67% this year on HBM chip; Samsung up 24%  — Samsung needs big client like Nvidia, good yields to catch up Lees verder op Tech Meme

Sources: Nvidia has begun designing Arm-based CPUs for Windows PCs, and AMD also plans to build Arm-based chips; source: Nvidia and AMD could sell them by 2025 (Reuters) 23-10-2023

Reuters: Sources: Nvidia has begun designing Arm-based CPUs for Windows PCs, and AMD also plans to build Arm-based chips; source: Nvidia and AMD could sell them by 2025  —  Nvidia (NVDA.O) dominates the market for artificial intelligence computing chips.  Now it is coming after Intel’s longtime stronghold of personal computers. Lees verder op Tech Meme

Adyen, an Amsterdam-based PayPal rival, has had its stock fall ~25% since August 17, when it dropped 35%+ following its report of lower-than-expected sales (Bloomberg) 23-10-2023

Bloomberg: Adyen, an Amsterdam-based PayPal rival, has had its stock fall ~25% since August 17, when it dropped 35%+ following its report of lower-than-expected sales  —  – Adyen shares halved since its semi-annual earnings report  — Co-CEO Pieter van der Does’ stake is worth about €620 million Lees verder op Tech Meme

Cisco releases patches for two zero-day flaws that hackers exploited in 50K+ IOS XE devices; researchers say that hacked hosts recently dropped from ~60K to ~1K (Ionut Ilascu/BleepingComputer) 23-10-2023

Ionut Ilascu / BleepingComputer: Cisco releases patches for two zero-day flaws that hackers exploited in 50K+ IOS XE devices; researchers say that hacked hosts recently dropped from ~60K to ~1K  —  Cisco has addressed the two vulnerabilities (CVE-2023-20198 and CVE-2023-20273) that hackers exploited to compromise tens of thousands of IOS XE devices over the past week. Lees verder op Tech Meme

EngageSmart says Vista Equity Partners plans to take the payments software vendor private for ~$4B, or $23/share; EngageSmart raised $378M in its 2021 NYSE IPO (Samrhitha Arunasalam/Reuters) 23-10-2023

Samrhitha Arunasalam / Reuters: EngageSmart says Vista Equity Partners plans to take the payments software vendor private for ~$4B, or $23/share; EngageSmart raised $378M in its 2021 NYSE IPO  —  Payments software vendor EngageSmart (ESMT.N) said on Monday it would be taken private by Vista Equity Partners for about $4 billion … Lees verder op Tech Meme

Microsoft plans to spend ~$3.2B to expand its AI and cloud abilities in Australia over two years to boost compute capacity by 250%, and train 300K Australians (Byron Kaye/Reuters) 23-10-2023

Byron Kaye / Reuters: Microsoft plans to spend ~$3.2B to expand its AI and cloud abilities in Australia over two years to boost compute capacity by 250%, and train 300K Australians  —  Microsoft (MSFT.O) said it will spend A$5 billion ($3.2 billion) expanding its artificial intelligence (AI) … Lees verder op Tech Meme