Tech News

Filing: Walmart spent $3.5B in H1 2023 to buy Flipkart shares from Tiger Global and others, growing its Flipkart stake to ~80%, and resolve PhonePe liabilities (Manish Singh/TechCrunch)

Avatar — September 2, 2023 add comment
Manish Singh / TechCrunch: Filing: Walmart spent $3.5B in H1 2023 to buy Flipkart shares from Tiger Global and others, growing its Flipkart stake to ~80%, and resolve PhonePe liabilities  —  Walmart... Read more »

A Media Matters for America report on PragerU Kids: Meta isn't consistently enforcing transparency rules for ads around "social issues, elections, or politics" (Vittoria Elliott/Wired)

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Vittoria Elliott / Wired: A Media Matters for America report on PragerU Kids: Meta isn’t consistently enforcing transparency rules for ads around “social issues, elections, or politics”  —  A nonprofit watchdog group... Read more »

Interviews with AI red team heads at Microsoft, Google, Nvidia, and Meta on why breaking AI models is important for safety, challenges of fixing them, and more (Rashi Shrivastava/Forbes)

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Rashi Shrivastava / Forbes: Interviews with AI red team heads at Microsoft, Google, Nvidia, and Meta on why breaking AI models is important for safety, challenges of fixing them, and more  — ... Read more »

LG and Samsung say their smart home apps will soon be able to control each other's appliances and TVs, as part of the Home Connectivity Alliance formed in 2021 (Jennifer Pattison Tuohy/The Verge)

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Jennifer Pattison Tuohy / The Verge: LG and Samsung say their smart home apps will soon be able to control each other’s appliances and TVs, as part of the Home Connectivity Alliance... Read more »

California Forever, the company backed by tech billionaires that wants to build a city in the Bay Area's Solano County, unveiled a website explaining its plans (New York Times)

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New York Times: California Forever, the company backed by tech billionaires that wants to build a city in the Bay Area’s Solano County, unveiled a website explaining its plans  —  A former... Read more »

DappRadar: monthly NFT trading volume fell 81% between January 2022 and July 2023, while monthly NFT sales dropped 61%; bitcoin is up nearly 55% in 2023 (Bloomberg)

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Bloomberg: DappRadar: monthly NFT trading volume fell 81% between January 2022 and July 2023, while monthly NFT sales dropped 61%; bitcoin is up nearly 55% in 2023  —  When you look at... Read more »

Sources: Apple, Nvidia, Alphabet, Intel, Samsung, and AMD have agreed to invest between $25M and $100M each in Arm's IPO (Echo Wang/Reuters)

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Echo Wang / Reuters: Sources: Apple, Nvidia, Alphabet, Intel, Samsung, and AMD have agreed to invest between $25M and $100M each in Arm’s IPO  —  Customers of Arm Holdings Ltd including Apple... Read more »

Child advocacy group Heat Initiative is starting a $2M campaign calling on Apple to detect, report, and remove child sexual abuse materials from iCloud (Tripp Mickle/New York Times)

Avatar — September 1, 2023 add comment
Tripp Mickle / New York Times: Child advocacy group Heat Initiative is starting a $2M campaign calling on Apple to detect, report, and remove child sexual abuse materials from iCloud  —  An... Read more »

Sources: Arm looks to target its IPO at a $50B-$55B valuation, well below the $64B valuation implied by SoftBank's recent acquisition of a 25% stake in Arm (Wall Street Journal)

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Wall Street Journal: Sources: Arm looks to target its IPO at a $50B-$55B valuation, well below the $64B valuation implied by SoftBank’s recent acquisition of a 25% stake in Arm  —  Arm... Read more »

Tesla cuts its Full Self-Driving Beta's US price from $15K to $12K, reversing the bump from $12K to $15K in September 2022; the subscription is still $199/month (Jameson Dow/Electrek)

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Jameson Dow / Electrek: Tesla cuts its Full Self-Driving Beta’s US price from $15K to $12K, reversing the bump from $12K to $15K in September 2022; the subscription is still $199/month  — ... Read more »