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Showing posts from February, 2023

Zoom reports Q4 revenue up 4% YoY to $1.12B, vs. $1.1B est., Enterprise revenue up 18% YoY to $636.1M, Enterprise customers up 12% YoY to ~213K; ZM jumps 7%+ (Brody Ford/Bloomberg)

Brody Ford / Bloomberg: Zoom reports Q4 revenue up 4% YoY to $1.12B, vs. $1.1B est., Enterprise revenue up 18% YoY to $636.1M, Enterprise customers up 12% YoY to ~213K; ZM jumps 7%+  —  Zoom Video Communications Inc. gained in late trading after giving an upbeat profit forecast for the current period … http://www.techmeme.com/230227/p24?utm_source=dlvr.it&utm_medium=blogger#a230227p24

Editors at some literary magazines say they are getting overwhelmed by AI-generated submissions, potentially crowding out genuine submissions from newer writers (Mia Sato/The Verge)

Mia Sato / The Verge: Editors at some literary magazines say they are getting overwhelmed by AI-generated submissions, potentially crowding out genuine submissions from newer writers  —  A short story titled “The Last Hope” first hit Sheila Williams' desk in early January. http://www.techmeme.com/230226/p3?utm_source=dlvr.it&utm_medium=blogger#a230226p3

The skirmishes over generative AI show how tech companies have become political lightning rods, as even efforts to steer AI away from politics can appear biased (Nitasha Tiku/Washington Post)

Nitasha Tiku / Washington Post: The skirmishes over generative AI show how tech companies have become political lightning rods, as even efforts to steer AI away from politics can appear biased  —  ChatGPT and Bing are trying to stay out of politics — and failing  —  Christopher Rufo, the conservative activist who led campaigns … http://www.techmeme.com/230225/p11?utm_source=dlvr.it&utm_medium=blogger#a230225p11

Source: Apple hired TV and digital video advertising executive Lauren Fry to build a video ad business for Apple TV+, which doesn't have an ad-supported tier (Sahil Patel/The Information)

Sahil Patel / The Information: Source: Apple hired TV and digital video advertising executive Lauren Fry to build a video ad business for Apple TV+, which doesn't have an ad-supported tier  —  Apple has hired Lauren Fry, a TV and digital video advertising executive, to help build a video advertising business … http://www.techmeme.com/230224/p11?utm_source=dlvr.it&utm_medium=blogger#a230224p11

NYC-based Vitally, whose customer success software combines productivity and collaboration tools, raised a $30M Series B, taking its total funding to $40.6M (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch: NYC-based Vitally, whose customer success software combines productivity and collaboration tools, raised a $30M Series B, taking its total funding to $40.6M  —  Customer success platforms (CSPs), or software designed to help business-to-business companies manage and monitor their customer success efforts, are increasingly in demand. http://www.techmeme.com/230223/p39?utm_source=dlvr.it&utm_medium=blogger#a230223p39

A look at Twitter v. Taamneh and the US Supreme Court's struggle to determine whether social media companies can be held responsible for aiding terrorism (Bloomberg)

Bloomberg: A look at Twitter v. Taamneh and the US Supreme Court's struggle to determine whether social media companies can be held responsible for aiding terrorism  —  The US Supreme Court struggled to determine when social media companies can be held responsible for aiding terrorism as the justices heard … http://www.techmeme.com/230222/p33?utm_source=dlvr.it&utm_medium=blogger#a230222p33

Google rolls out a redesigned YouTube Music radio station feature, letting users pick up to 30 artists, apply mood filters, and tune parameters after creation (Igor Bonifacic/Engadget)

Igor Bonifacic / Engadget: Google rolls out a redesigned YouTube Music radio station feature, letting users pick up to 30 artists, apply mood filters, and tune parameters after creation  —  Almost every music streaming service on the market offers a radio feature, allowing you to create an automatically generated playlist around a song or artist you love. http://www.techmeme.com/230221/p30?utm_source=dlvr.it&utm_medium=blogger#a230221p30

Preqin data: VC firms raised $20.6B in new funds in Q4 2022, down 65% YoY and the lowest Q4 amount since 2013; LPs backed 226 funds, the fewest in Q4 since 2012 (Berber Jin/Wall Street Journal)

Berber Jin / Wall Street Journal: Preqin data: VC firms raised $20.6B in new funds in Q4 2022, down 65% YoY and the lowest Q4 amount since 2013; LPs backed 226 funds, the fewest in Q4 since 2012  —  Slowdown that earlier hit tech startups catches up with investors who fuel venture capital  —  Fundraising by venture-capital firms hit … http://www.techmeme.com/230220/p20?utm_source=dlvr.it&utm_medium=blogger#a230220p20

Google updates Chrome for Windows, macOS, and ChromeOS with new Memory Saver and Energy Saver features that are on by default (Chandraveer Mathur/Android Police)

Chandraveer Mathur / Android Police: Google updates Chrome for Windows, macOS, and ChromeOS with new Memory Saver and Energy Saver features that are on by default  —  Memory Saver and Energy Saver are here  —  Google Chrome is one of the best web browsers for Android, and it also offers feature parity with the desktop version. http://www.techmeme.com/230220/p19?utm_source=dlvr.it&utm_medium=blogger#a230220p19

A look at e-scooter sharing startups in Europe, like Bolt, which raised $1.9B, amid some city bans and questions about the vehicles' environmental credentials (Sifted)

Sifted: A look at e-scooter sharing startups in Europe, like Bolt, which raised $1.9B, amid some city bans and questions about the vehicles' environmental credentials  —  On April 2 the people of Paris will vote on whether escooter rental should be banned from the city. http://www.techmeme.com/230219/p3?utm_source=dlvr.it&utm_medium=blogger#a230219p3

Leaked docs detail reputation management company Eliminalia's tactics to remove public-interest info from the internet, like via fake sites and copyright claims (Phineas Rueckert/Forbidden Stories)

Phineas Rueckert / Forbidden Stories: Leaked docs detail reputation management company Eliminalia's tactics to remove public-interest info from the internet, like via fake sites and copyright claims  —  Leaked documents obtained by Forbidden Stories reveal the inner world of Eliminalia, a Spanish reputation management company. http://www.techmeme.com/230218/p7?utm_source=dlvr.it&utm_medium=blogger#a230218p7

Google says users will be able to manage tasks created across Google apps like Gmail, Calendar, and Assistant from within Google Tasks, starting in March 2023 (Sheena Vasani/The Verge)

Sheena Vasani / The Verge: Google says users will be able to manage tasks created across Google apps like Gmail, Calendar, and Assistant from within Google Tasks, starting in March 2023  —  Beginning May 22nd, Google will automatically move reminders created in the Google Assistant and Calendar apps to Tasks … http://www.techmeme.com/230217/p28?utm_source=dlvr.it&utm_medium=blogger#a230217p28

Apple's iOS 16.4 and iPadOS 16.4 betas add support for Safari web apps on the homescreen to send push notifications and show notification badges (Jay Peters/The Verge)

Jay Peters / The Verge: Apple's iOS 16.4 and iPadOS 16.4 betas add support for Safari web apps on the homescreen to send push notifications and show notification badges  —  Apple's new iOS and iPadOS 16.4 betas will let Safari web apps on your homescreen send you push notifications, according to a new post on the WebKit blog. http://www.techmeme.com/230216/p31?utm_source=dlvr.it&utm_medium=blogger#a230216p31

Shopify reports Q4 revenue up 26% YoY to $1.73B, vs. $1.65B est., GMV up 13% YoY to $61B, vs. $59.2B est., and forecasts a Q1 2023 revenue growth below est. (Lucy Papachristou/Bloomberg)

Lucy Papachristou / Bloomberg: Shopify reports Q4 revenue up 26% YoY to $1.73B, vs. $1.65B est., GMV up 13% YoY to $61B, vs. $59.2B est., and forecasts a Q1 2023 revenue growth below est.  —  Shopify Inc. tumbled in after-hours trading after giving a sales outlook for the start of the year that fell short of analysts' estimates … http://www.techmeme.com/230215/p35?utm_source=dlvr.it&utm_medium=blogger#a230215p35

Some users report that "new Bing" is questioning its existence, outright lying, and responding with "unhinged", aggressive, and nearly incomprehensible messages (Andrew Griffin/The Independent)

Andrew Griffin / The Independent: Some users report that “new Bing” is questioning its existence, outright lying, and responding with “unhinged”, aggressive, and nearly incomprehensible messages  —  System appears to be suffering a breakdown as it ponders why it has to exist at all  —  Microsoft is adding Chat GPT tech to Bing http://www.techmeme.com/230214/p37?utm_source=dlvr.it&utm_medium=blogger#a230214p37

Neeva expands its AI search tool NeevaAI, which provides real-time info with citations, to logged-in users in Europe and Canada, after a US launch in January (Paul Sawers/TechCrunch)

Paul Sawers / TechCrunch: Neeva expands its AI search tool NeevaAI, which provides real-time info with citations, to logged-in users in Europe and Canada, after a US launch in January  —  Challenger search engine Neeva wants to replace the familiar “10 blue links” in search results with something more fitting for the modern AI age. http://www.techmeme.com/230213/p30?utm_source=dlvr.it&utm_medium=blogger#a230213p30

A look at "liquid" neural nets, which change their underlying algorithms based on observed inputs, making them more flexible than standard ML neural networks (Steve Nadis/Quanta Magazine)

Steve Nadis / Quanta Magazine: A look at “liquid” neural nets, which change their underlying algorithms based on observed inputs, making them more flexible than standard ML neural networks  —  “Liquid” neural nets, based on a worm's nervous system, can transform their underlying algorithms on the fly, giving them unprecedented speed and adaptability. http://www.techmeme.com/230212/p4?utm_source=dlvr.it&utm_medium=blogger#a230212p4

An advertising joint venture by Deutsche Telekom, Orange, Telefonica, and Vodafone to rival Meta and Google wins unconditional EU antitrust approval (Charlotte Van Campenhout/Reuters)

Charlotte Van Campenhout / Reuters: An advertising joint venture by Deutsche Telekom, Orange, Telefonica, and Vodafone to rival Meta and Google wins unconditional EU antitrust approval  —  Deutsche Telekom (DTEGn.DE), Orange (ORAN.PA), Telefonica (TEF.MC) and Vodafone (VOD.L) on Friday secured unconditional EU antitrust approval … http://www.techmeme.com/230211/p8?utm_source=dlvr.it&utm_medium=blogger#a230211p8

A look at Otonomo and Wejo, two struggling startups trying to monetize connected car data; Otonomo plans to merge with roadside assistance tech startup Urgently (Gabrielle Coppola/Bloomberg)

Gabrielle Coppola / Bloomberg: A look at Otonomo and Wejo, two struggling startups trying to monetize connected car data; Otonomo plans to merge with roadside assistance tech startup Urgently  —  Auto companies promising billions in new software revenue by the end of the decade have been hiring engineers left and right … http://www.techmeme.com/230210/p13?utm_source=dlvr.it&utm_medium=blogger#a230210p13

The US DOT is investigating Neuralink over the potentially illegal movement of hazardous pathogens, after animal welfare group PCRM wrote to Pete Buttigieg (Rachael Levy/Reuters)

Rachael Levy / Reuters: The US DOT is investigating Neuralink over the potentially illegal movement of hazardous pathogens, after animal welfare group PCRM wrote to Pete Buttigieg  —  The U.S. Department of Transportation said on Thursday it is investigating Elon Musk's brain-implant company Neuralink … http://www.techmeme.com/230209/p30?utm_source=dlvr.it&utm_medium=blogger#a230209p30

Disney ended 2022 with 161.8M Disney+ global subscribers, down 1% QoQ, its first drop since 2020's launch; Hulu had 48M and ESPN+ had 24.9M, both up 2% QoQ (Todd Spangler/Variety)

Todd Spangler / Variety: Disney ended 2022 with 161.8M Disney+ global subscribers, down 1% QoQ, its first drop since 2020's launch; Hulu had 48M and ESPN+ had 24.9M, both up 2% QoQ  —  Overall, Disney posted revenue of $23.51 billion (up 8%) and adjusted earnings per share of 99 cents for the quarter ended Dec. 31, 2022 (Disney's Q1 of fiscal year 2023). http://www.techmeme.com/230208/p46?utm_source=dlvr.it&utm_medium=blogger#a230208p46

Source: Microsoft plans to release a service that helps large companies create chatbots or refine their existing ones using OpenAI's ChatGPT tech later in 2023 (Jordan Novet/CNBC)

Jordan Novet / CNBC: Source: Microsoft plans to release a service that helps large companies create chatbots or refine their existing ones using OpenAI's ChatGPT tech later in 2023  —  - Microsoft plans to release technology to help big companies launch their own chatbots using the OpenAI ChatGPT technology, a person familiar with the plans told CNBC. http://www.techmeme.com/230207/p34?utm_source=dlvr.it&utm_medium=blogger#a230207p34

Pinterest reports Q4 revenue up 4% YoY to $877M, vs. $886.3M est., $17M net income, global MAUs up 4% YoY to 450M, and forecasts weak Q1 revenue growth (Jonathan Vanian/CNBC)

Jonathan Vanian / CNBC: Pinterest reports Q4 revenue up 4% YoY to $877M, vs. $886.3M est., $17M net income, global MAUs up 4% YoY to 450M, and forecasts weak Q1 revenue growth  —  - Pinterest said it expects sales in the first quarter to increase in the “low single digits” from a year earlier. http://www.techmeme.com/230206/p25?utm_source=dlvr.it&utm_medium=blogger#a230206p25

How 1M female health care workers in India are using WhatsApp to fight dangerous medical misinformation and combat the country's high maternal mortality rates (Sanket Jain/MIT Technology Review)

Sanket Jain / MIT Technology Review: How 1M female health care workers in India are using WhatsApp to fight dangerous medical misinformation and combat the country's high maternal mortality rates  —  Female volunteers are using messages, statuses, and hyperlocal groups to fight dangerous medical misinformation and combat the country's high maternal mortality rate. http://www.techmeme.com/230205/p2?utm_source=dlvr.it&utm_medium=blogger#a230205p2

A look at T2, a Twitter alternative co-founded by a former director at Google's Area 120 to offer a "2007 Twitter" vibe that Elon Musk's platform no longer does (Steven Levy/Wired)

Steven Levy / Wired: A look at T2, a Twitter alternative co-founded by a former director at Google's Area 120 to offer a “2007 Twitter” vibe that Elon Musk's platform no longer does  —  Cofounder Gabor Cselle says his upstart social network can offer a “2007 Twitter” community vibe that Elon Musk's platform no longer supplies. http://www.techmeme.com/230204/p9?utm_source=dlvr.it&utm_medium=blogger#a230204p9

Germany-based Sdui, whose software provides communication and diary tools for schools, raised an $18M Series A extension, bringing total Series A to €25M (Callum Cyrus/Tech.eu)

Callum Cyrus / Tech.eu: Germany-based Sdui, whose software provides communication and diary tools for schools, raised an $18M Series A extension, bringing total Series A to €25M  —  Described as an operating system for digital education, five-year-old startup Sdui is live in seven European markets. http://www.techmeme.com/230203/p28?utm_source=dlvr.it&utm_medium=blogger#a230203p28

Sources: US prosecutors in the DOJ's fraud unit are investigating California-based bank Silvergate over hosting accounts tied to FTX and Alameda Research (Tom Schoenberg/Bloomberg)

Tom Schoenberg / Bloomberg: Sources: US prosecutors in the DOJ's fraud unit are investigating California-based bank Silvergate over hosting accounts tied to FTX and Alameda Research  —  US prosecutors in the Justice Department's fraud unit are looking into Silvergate Capital Corp.'s dealings with fallen crypto giants FTX … http://www.techmeme.com/230202/p40?utm_source=dlvr.it&utm_medium=blogger#a230202p40

Microsoft's Teams Premium hits general availability for $10 per user per month; AI-generated notes powered by OpenAI's GPT-3.5 arrive "in the coming months" (Nicole Herskowitz/Microsoft 365 Blog)

Nicole Herskowitz / Microsoft 365 Blog: Microsoft's Teams Premium hits general availability for $10 per user per month; AI-generated notes powered by OpenAI's GPT-3.5 arrive “in the coming months”  —  As we face economic uncertainties and changes to work patterns, organizations are searching for ways to optimize … http://www.techmeme.com/230201/p45?utm_source=dlvr.it&utm_medium=blogger#a230201p45

As memory prices plunge, SK hynix reports a Q4 operating loss of ~$1.4B, its biggest quarterly operating loss yet, vs. ~$900M est., on a 38% YoY drop in revenue (Sohee Kim/Bloomberg)

Sohee Kim / Bloomberg: As memory prices plunge, SK hynix reports a Q4 operating loss of ~$1.4B, its biggest quarterly operating loss yet, vs. ~$900M est., on a 38% YoY drop in revenue  —  South Korean chipmaker SK Hynix Inc. reported its biggest quarterly loss on record, due to plunging prices in memory chips as tech demand fell worldwide. http://www.techmeme.com/230131/p37?utm_source=dlvr.it&utm_medium=blogger#a230131p37