Tech Meme

Echo Wang / Reuters: Sources: Apple, Nvidia, Alphabet, Intel, Samsung, AMD, Synopsys, and others plan to invest between $25M and $100M each in Arm’s IPO; Amazon decided against  —  Customers of Arm Holdings Ltd including Apple Inc (AAPL.O), Nvidia Corp (NVDA.O), Alphabet Inc (GOOGL.O) and Advanced Micro Devices Inc … Lees verder op Tech Meme

Wall Street Journal: Sources: Arm looks to target its IPO at a $50B to $55B valuation, well below the $64B valuation implied by SoftBank’s acquisition of a 25% Arm stake in August  —  Arm plans to start meeting with prospective investors as early as Tuesday  —  British chip designer Arm Ltd. is eyeing … Lees verder op Tech Meme

Bloomberg: DappRadar: monthly NFT trading volume fell 81% from January 2022 to July 2023, while monthly NFT sales have dropped 61%, as traders return to cryptocurrencies  —  When you look at the charts, “everything is down.”  —  NFTs first crossed Daniel Maegaard’s radar in 2018. Lees verder op Tech Meme

Tripp Mickle / New York Times: Child advocacy group Heat Initiative is starting a $2M US ad campaign calling on Apple to detect, report, and remove child sexual abuse materials from iCloud  —  An advocacy group is starting a $2 million campaign calling for the company to better police materials on its products and services. Lees verder op Tech Meme

Sergiu Gatlan / BleepingComputer: Microsoft plans to deprecate WordPad, automatically included with Windows since 1995, via a future Windows update, as it’s no longer under active development  —  Microsoft announced today that it will deprecate WordPad with a future Windows update as it’s no longer under active development … Lees verder op Tech Meme

Manish Singh / TechCrunch: Filing: Walmart spent $3.5B in H1 2023 to fix PhonePe shareholder liabilities and buy Flipkart shares from Tiger Global and others, growing its stake to ~80%  —  Walmart has spent $3.5 billion this year to acquire shares from certain Flipkart stakeholders and resolve liabilities … Lees verder op Tech Meme

Rashi Shrivastava / Forbes: Interviews with AI red team heads at Microsoft, Google, Nvidia, and Meta on why breaking AI models matters for safety, the challenges of fixing them, and more  —  Forbes spoke to the leaders of AI red teams at Microsoft, Google, Nvidia and Meta, who are tasked with looking for vulnerabilities in AI systems so they can be fixed. Lees verder op Tech Meme

Jennifer Pattison Tuohy / The Verge: LG and Samsung say their smart home apps will work with the other company’s appliances and TVs in 2024, as part of the Home Connectivity Alliance formed in 2021  —  The smart home is all about interoperability these days.  First came Matter, making Apple, Amazon, Google, and Samsung play nice … Lees verder op Tech Meme

Ari Levy / CNBC: Instacart’s IPO filing suggests its Snowflake cloud spending will fall 71% YoY in 2023, sparking an online spat between staff of rivals Snowflake and Databricks  —  – Instacart’s long-awaited IPO prospectus last week turned controversial in a way the grocery-delivery company wasn’t anticipating. Lees verder op Tech Meme

Ari Levy / CNBC: Instacart’s IPO filing suggests its Snowflake cloud spending will fall 71% in 2023, sparking an online spat between staffers of Snowflake and rival Databricks  —  – Instacart’s long-awaited IPO prospectus last week turned controversial in a way the grocery-delivery company wasn’t anticipating. Lees verder op Tech Meme