Posts by blatcho:

Bain and Flipkart report: quick commerce made up over two-thirds of India’s e-grocery orders in 2024, with GMV rising nearly five times to $6B-$7B from 2022 (Ashwin Manikandan/Reuters)

Ashwin Manikandan / Reuters: Bain and Flipkart report: quick commerce made up over two-thirds of India’s e-grocery orders in 2024, with GMV rising nearly five times to $6B-$7B from 2022  —  India’s quick commerce sector accounted for over two-thirds of all e-grocery orders last year, with its total market share growing …

Filing: Intel says three board members will not stand for reelection at its 2025 annual meeting, shrinking the size of the board to 11 members (Arsheeya Bajwa/Reuters)

Arsheeya Bajwa / Reuters: Filing: Intel says three board members will not stand for reelection at its 2025 annual meeting, shrinking the size of the board to 11 members  —  Three Intel (INTC.O) board members will not stand for reelection at its 2025 annual meeting, the chipmaker said in a regulatory filing on Thursday …

Source: hackers broke into Oracle’s Cerner servers sometime after January 22 and stole patient data to extort US medical providers; the FBI is investigating (Bloomberg)

Bloomberg: Source: hackers broke into Oracle’s Cerner servers sometime after January 22 and stole patient data to extort US medical providers; the FBI is investigating  —  – The FBI is investigating the incident from earlier this year  — Hacker used stolen logins to access old servers, Oracle said

Sources: Blackstone is evaluating a small minority investment in TikTok’s US operations, joining the front-running bid by ByteDance’s non-Chinese shareholders (Reuters)

Reuters: Sources: Blackstone is evaluating a small minority investment in TikTok’s US operations, joining the front-running bid by ByteDance’s non-Chinese shareholders  —  Private equity firm Blackstone is evaluating making a small minority investment in TikTok’s U.S. operations, according to two people familiar with the matter.

The UK’s Financial Conduct Authority says it intends to begin authorizing new crypto firms in 2026 after it designs a more stringent regulatory regime (Camomile Shumba/CoinDesk)

Camomile Shumba / CoinDesk: The UK’s Financial Conduct Authority says it intends to begin authorizing new crypto firms in 2026 after it designs a more stringent regulatory regime  —  The FCA’s intention is to create new rules for a more stringent regulatory regime, its director of payments said.  —  What to know:

Crypto.com says the US SEC won’t pursue enforcement action; Crypto.com sued the SEC in October after receiving a Wells notice signaling potential charges (Sarah Wynn/The Block)

Sarah Wynn / The Block: Crypto.com says the US SEC won’t pursue enforcement action; Crypto.com sued the SEC in October after receiving a Wells notice signaling potential charges  —  – Crypto.com said that the SEC will not file an enforcement action against the company.  — Crypto.com sued the SEC in October …

Court documents: India criticizes Elon Musk’s X for wrongly labeling an official website, used to notify tech firms of harmful content, as a “censorship portal” (Reuters)

Reuters: Court documents: India criticizes Elon Musk’s X for wrongly labeling an official website, used to notify tech firms of harmful content, as a “censorship portal”  —  India has criticised Elon Musk’s X for wrongly labelling as a “censorship portal” an official website …

Oura rolls out Symptom Radar, a feature that tries to detect early signs of sickness using biometrics like heart rate variability, to Oura Ring Gen 3 and 4 (Victoria Song/The Verge)

Victoria Song / The Verge: Oura rolls out Symptom Radar, a feature that tries to detect early signs of sickness using biometrics like heart rate variability, to Oura Ring Gen 3 and 4  —  At the height of the covid-19 pandemic, many wearable companies rushed to see if their devices could detect early signs of […]

US intelligence reports: online terrorist network 764 is using techniques normally used for financial crimes, such as SIM swapping, to commit child sextortion (Greg Otto/CyberScoop)

Greg Otto / CyberScoop: US intelligence reports: online terrorist network 764 is using techniques normally used for financial crimes, such as SIM swapping, to commit child sextortion  —  The child sextortion group 764 and the global collective of loosely associated groups known as “The Com” are using tools …

US SEC filing: xAI raised $6B, bringing its total raised to $12B; it was reportedly aiming for a $50B valuation (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch: US SEC filing: xAI raised $6B, bringing its total raised to $12B; it was reportedly aiming for a $50B valuation  —  xAI, Elon Musk’s AI company, has raised $6 billion, according to a filing with the U.S. Securities and Exchange Commission on Thursday.  —  Investors gave a minimum of $77,593 …

A look at the logistics network of Amazon, Walmart and Target for same-day or next-day delivery; Walmart says it now offers same-day to 86% of US households (Jordyn Holman/New York Times)

Jordyn Holman / New York Times: A look at the logistics network of Amazon, Walmart and Target for same-day or next-day delivery; Walmart says it now offers same-day to 86% of US households  —  Retailers like Amazon, Walmart and Target have figured out that if they get you your online order today, you will probably […]

Meta plans to invest $10B to build a data center in Louisiana, in what would be its largest data center in the world, and expects work to start in December (Reuters)

Reuters: Meta plans to invest $10B to build a data center in Louisiana, in what would be its largest data center in the world, and expects work to start in December  —  Facebook-parent Meta (META.O) said on Wednesday it plans to invest $10 billion to set up an AI data center in Louisiana …

Sources: AT&T, JPMorgan, and Dunkin’ pull ads from Twitch after a controversial group of livestreamers alleged that Twitch is promoting antisemitic content (Cecilia D’Anastasio/Bloomberg)

Cecilia D’Anastasio / Bloomberg: Sources: AT&T, JPMorgan, and Dunkin’ pull ads from Twitch after a controversial group of livestreamers alleged that Twitch is promoting antisemitic content  —  – Exiled contributors mount campaign that includes edited clips  — Their targets are pro-Palestinian streamer and Twitch staffers

Amazon is rolling out a Buy with AWS button that software companies can add to their websites as a way for customers with AWS accounts to pay for services (Jordan Novet/CNBC)

Jordan Novet / CNBC: Amazon is rolling out a Buy with AWS button that software companies can add to their websites as a way for customers with AWS accounts to pay for services  —  In 2022, Amazon introduced the Buy with Prime button, allowing premium subscribers to make purchases using their Amazon account even when […]

First impressions of Amazon Nova LLMs: they are competitive with Google Gemini, among the cheapest available, and may position Amazon as a top model provider (Simon Willison/Simon Willison’s Weblog)

Simon Willison / Simon Willison’s Weblog: First impressions of Amazon Nova LLMs: they are competitive with Google Gemini, among the cheapest available, and may position Amazon as a top model provider  —  Amazon released three new Large Language Models yesterday at their AWS re:Invent conference.  The new model family is called Amazon Nova …

xAI plans to expand its Colossus supercomputer tenfold to incorporate more than 1M GPUs; work has already begun to increase the size of its facility in Memphis (Financial Times)

Financial Times: xAI plans to expand its Colossus supercomputer tenfold to incorporate more than 1M GPUs; work has already begun to increase the size of its facility in Memphis  —  Facility in Memphis expected to incorporate more than 1mn GPUs as billionaire’s xAI aims to catch up with rivals

Liquid on Mars was not necessarily all water

Dry river channels and lake beds on Mars point to the long-ago presence of a liquid on the planet’s surface, and the minerals observed from orbit and from landers seem to many to prove that the liquid was ordinary water.  Not so fast, the authors of a new Perspectives article in Nature Geoscience suggest. Water is […]

MIT K. Lisa Yang Center for Bionics celebrates Sierra Leone’s inaugural class of orthotic and prosthetic clinicians

The MIT K. Lisa Yang Center for Bionics and Sierra Leone’s Ministry of Health (MOH) have launched the first fully accredited educational program for prosthetists and orthotists in Sierra Leone.  Tens of thousands of people in Sierra Leone need orthotic braces and artificial limbs, but access to such specialized medical care in this African nation […]