Reuters: Nebius Group, previously Yandex NV, says it will resume trading on Nasdaq on October 21, after being halted following Russia’s February 2022 invasion of Ukraine — AI infrastructure firm Nebius Group (NBIS.O) said on Thursday its shares will resume Nasdaq trading on Monday … Lees verder op Tech Meme
Shivangi Acharya / Reuters: Government sources say India plans to limit imports of laptops, tablets, and PCs after January 2025 to push companies to increase domestic manufacturing — India is expected to limit imports of laptops, tablets and personal computers after January, two government sources with direct knowledge … Lees verder op Tech Meme
Reuters: Sources: Samsung has postponed taking deliveries of ASML chipmaking equipment for its upcoming factory in Taylor, Texas as it has yet to win any major customers — Samsung Electronics (005930.KS) has postponed taking deliveries of ASML (ASML.AS) chipmaking equipment for its upcoming factory … Lees verder op Tech Meme
Reuters: Netflix gained 5.1M new subscribers in Q3, vs. 4M est., and says more than 50% of signups were for its ad-supported tier in countries where it was available — Netflix (NFLX.O) picked up 5.1 million streaming subscribers in the third quarter, topping Wall Street estimates by more than 1 million … Lees verder op Tech Meme
Will Knight / Wired: A look at Dippy, an AI companion startup that lets users see the reasoning behind their chatbot’s replies, claims to have 50K DAUs, and raised a $2.1M pre-seed — Dippy, a startup that offers “uncensored” AI companions, lets you peer into their thought process—sometimes revealing hidden motives. Lees verder op Tech Meme
Manish Singh / TechCrunch: Byju’s founder Byju Raveendran says his edtech startup, valued at $22B in 2022, is effectively “worth zero”, and that he made mistakes and mistimed the market — Byju Raveendran, the founder of the embattled edtech group Byju’s, acknowledged on Thursday afternoon that he made mistakes … Lees verder op Tech Meme
Todd Feathers / Gizmodo: The US Treasury says its enhanced detection tools, including AI, helped in the prevention and recovery of $4B+ in fraudulent payments in FY 2024, up over 6x YoY — The Treasury says it identified or recovered $4 billion in fraudulent payments last fiscal year, a sixfold increase over the previous year. Lees verder op Tech Meme
Reuters: Chinese robotaxi firm Pony.ai files for a Nasdaq IPO, says its H1 2024 revenue nearly doubled to $24.7M with a net loss of $51.3M, down from $69.4M in H1 2023 — China-based autonomous driving firm Pony AI, backed by automaker Toyota (7203.T), filed for an initial public offering in the U.S. on Thursday … Lees verder op Tech Meme
Rohan Goswami / CNBC: Sources: Intel is looking to sell at least a minority stake, or possibly a majority stake, worth billions in its Altera subsidiary at a valuation of around $17B — Intel is looking to sell at least a minority stake in its Altera subsidiary that would raise several billion dollars in cash … Lees verder op Tech Meme
New York Times: Sources describe OpenAI and Microsoft’s fraying relationship, OpenAI renegotiating its deal for more computing power, Microsoft’s own LLM efforts, and more — The “best bromance in tech” has had a reality check as OpenAI has tried to change its deal with Microsoft and the software maker has tried to hedge its bet on the start-up. Lees verder op Tech Meme