Ari Levy / CNBC: Instacart closed up 12.33% in its Nasdaq debut, valuing the grocery delivery company at just over $11B; Instacart was valued at $39B in March 2021 — – Instacart is the first notable venture-backed tech company to hit the U.S. public market since December 2021. Lees verder op Tech Meme
Annie Palmer / CNBC: Amazon plans to hire 250K US staff to help manage the holiday rush, up from 150K in 2022, and bumps warehouse and delivery workers’ average pay to $20.50/hour — – Amazon said Tuesday it’s hiring 250,000 employees in the U.S. to help manage the holiday rush. Lees verder op Tech Meme
Mackenzie Hawkins / Bloomberg: US Commerce Secretary Gina Raimondo says the US sees no evidence that China-based SMIC can make the 7nm Kirin 9000s chips in the Huawei Mate 60 Pro “at scale” — – Raimondo says she was ‘upset’ at phone release during visit — US probing new chip, which raised questions on export limits Lees verder op Tech Meme
Ed Nightingale / Eurogamer.net: Emails from 2022: worried about Starfield’s delay, Microsoft discussed how much it would take to get various games on Xbox Game Pass, ranging up to $300M — Given very high wow factor. — Follow Star Wars Jedi: Survivor — The recent leak of internal Microsoft documents gives an indication … Lees verder op Tech Meme
Mackenzie Hawkins / Bloomberg: US Commerce Secretary Gina Raimondo says there is no evidence that SMIC can make the 7nm Kirin 9000s chips found in the Huawei Mate 60 Pro “at scale” — – Raimondo says she was ‘upset’ at phone release during visit — US probing new chip, which raised questions on export limits Lees verder op Tech Meme
Hassan Mujtaba / Wccftech: Intel says Emerald Rapids, its fifth-gen Xeon chips, will arrive on December 14, and announces a Sierra Forest Xeon processor with 288 cores launching in 2024 — Intel has unveiled its brand-new Xeon CPU roadmap which reveals three product families as a part of the Birch Stream platform. Lees verder op Tech Meme
Ari Levy / CNBC: Instacart’s shares jump 40% in their Nasdaq debut, opening at $42 and valuing the grocery delivery company at ~$14B; Instacart was valued at $39B in March 2021 — – Instacart is the first notable venture-backed tech company to hit the U.S. public market since December 2021. Lees verder op Tech Meme
Natasha Lomas / TechCrunch: The UK’s parliament passes the Online Safety Bill, in the works since 2019, paving the way for Royal Assent and the bill becoming law in the coming days — Controversial UK legislation that brings in a new regime of content moderation rules for online platforms and services … Lees verder op Tech Meme
Kyle Wiggers / TechCrunch: Austin-based HiddenLayer, which focuses on hardening the security of companies’ AI algorithms, raised a $50M Series A led by M12 and Moore Strategic Ventures — HiddenLayer, a security startup focused on protecting AI systems from adversarial attacks, today announced that it raised $50 million … Lees verder op Tech Meme
Clive Cookson / Financial Times: Google DeepMind unveils its AlphaMissense AI tool, which predicts if mutations in human genes are likely to be harmful, an example of AI accelerating diagnosis — First example of artificial intelligence helping to accelerate diagnosis of diseases caused by genetic variants Lees verder op Tech Meme