Posts by blatcho:

A look at livestream shopping in China, where an estimated $500B in goods were sold on apps like Douyin in 2022, an 8x jump since 2019, amid regulatory scrutiny (Vivian Wang/New York Times)

Vivian Wang / New York Times: A look at livestream shopping in China, where an estimated $500B in goods were sold on apps like Douyin in 2022, an 8x jump since 2019, amid regulatory scrutiny  —  Star sellers can amass huge followings and eye-popping fortunes, through a format that mixes consumerism and entertainment.

A WSJ columnist used Synthesia, ElevenLabs, and ChatGPT to create an AI clone that could trick her bank’s voice biometric system, make a TikTok, and more (Joanna Stern/Wall Street Journal)

Joanna Stern / Wall Street Journal: A WSJ columnist used Synthesia, ElevenLabs, and ChatGPT to create an AI clone that could trick her bank’s voice biometric system, make a TikTok, and more  —  Our columnist replaced herself with AI voice and video to see how humanlike the tech can be.  The results were eerie.

President Yoon Suk Yeol of South Korea visits MIT

President Yoon Suk Yeol of South Korea visited MIT on Friday, participating in a roundtable discussion with Institute leaders and faculty about biomedical research and discussing the fundamentals of technology-driven innovation clusters.  South Korea, Yoon noted in his remarks, has highly regarded educational institutions, hospitals, and research facilities, along with robust legal and business systems. […]

Docs and sources: OpenAI closed a $10.3B+ funding round at a $27B-$29B valuation; investors include Microsoft, Tiger Global, Sequoia, a16z, and Founders Fund (TechCrunch)

TechCrunch: Docs and sources: OpenAI closed a $10.3B+ funding round at a $27B-$29B valuation; investors include Microsoft, Tiger Global, Sequoia, a16z, and Founders Fund  —  OpenAI, the startup behind the widely used conversational AI model ChatGPT, has closed new funding, TechCrunch has learned.

Filing and sources: drone delivery startup Zipline is raising a $330M Series F at a ~$4.2B valuation, up from its $2.7B valuation for its Series E in June 2021 (Forbes)

Forbes: Filing and sources: drone delivery startup Zipline is raising a $330M Series F at a ~$4.2B valuation, up from its $2.7B valuation for its Series E in June 2021  —  The funding, revealed in a filing, shows that the logistics company priced a $330 million Series F funding round in April.

Sources: the US DOJ discovered the SolarWinds breach in late May 2020, months before its public disclosure in December 2020, but was unaware of its significance (Kim Zetter/Wired)

Kim Zetter / Wired: Sources: the US DOJ discovered the SolarWinds breach in late May 2020, months before its public disclosure in December 2020, but was unaware of its significance  —  In May 2020, the US Department of Justice stumbled upon Russian hackers in its network, but did not realize the significance of what it […]

J-PAL North America announces six new evaluation incubator partners to catalyze research on pressing social issues

J-PAL North America, a regional office of MIT’s Abdul Latif Jameel Poverty Action Lab (J-PAL), has announced six new partnerships with government agencies and leading nonprofits through the State and Local Evaluation Incubator and the Housing Stability Evaluation Incubator, launched in August 2022. These collaborators span the contiguous United States and represent a wide range of […]

Sony reports 6.3M PS5 sales in Q4 2022, up from 2M in Q4 2021, taking FY 2022 to 19.1M and 38.4M since launch, and $29B revenue for FY 2022, up from $19.9B YoY (Steve Dent/Engadget)

Steve Dent / Engadget: Sony reports 6.3M PS5 sales in Q4 2022, up from 2M in Q4 2021, taking FY 2022 to 19.1M and 38.4M since launch, and $29B revenue for FY 2022, up from $19.9B YoY  —  Now that it’s solved its supply shortages, Sony is seeing a lot of pent-up demand for PlayStation […]

A profile of Liu Xiaoping, a dog food seller on Pinduoduo who coaches Chinese merchants on using legal action to fight Pinduoduo’s refund-without-return policy (Viola Zhou/Rest of World)

Viola Zhou / Rest of World: A profile of Liu Xiaoping, a dog food seller on Pinduoduo who coaches Chinese merchants on using legal action to fight Pinduoduo’s refund-without-return policy  —  A dog food seller known as “Lawsuit Bro” is leading the fight.  — A dog food seller on Pinduoduo has emerged as an unlikely […]

Filing: Triller agrees to pay Sony Music $4.5M+ to settle claims that Triller breached a contract covering its use of musicians’ songs on the platform (Blake Brittain/Reuters)

Blake Brittain / Reuters: Filing: Triller agrees to pay Sony Music $4.5M+ to settle claims that Triller breached a contract covering its use of musicians’ songs on the platform  —  TikTok rival Triller Inc has agreed to pay Sony Music Entertainment (6758.T) more than $4.5 million to resolve claims that Triller breached …

Canada’s Online Streaming Act passes final hurdle in Parliament; it requires streamers to support Canadian content and gives the CRTC regulatory power over them (Mickey Djuric/Canadian Press)

Mickey Djuric / Canadian Press: Canada’s Online Streaming Act passes final hurdle in Parliament; it requires streamers to support Canadian content and gives the CRTC regulatory power over them  —  OTTAWA – A federal bill that will force digital platforms like Netflix and YouTube to contribute financially to Canadian content is on the cusp of […]

Cloudflare reports Q1 revenue up 37% YoY to $290.2M vs. $290.8M est., a $38.1M net loss, and revenue guidance for Q2 and FY 2023 below estimates; NET drops 20%+ (Rohan Goswami/CNBC)

Rohan Goswami / CNBC: Cloudflare reports Q1 revenue up 37% YoY to $290.2M vs. $290.8M est., a $38.1M net loss, and revenue guidance for Q2 and FY 2023 below estimates; NET drops 20%+  —  – Cloudflare issued muted guidance for the upcoming quarter and full-year that sent shares down as much as 25%

Toronto-based Practice Better, which makes client management software for health and wellness professionals, raised $27M led by Five Elms Capital (Meagan Simpson/BetaKit)

Meagan Simpson / BetaKit: Toronto-based Practice Better, which makes client management software for health and wellness professionals, raised $27M led by Five Elms Capital  —  Practice Better claims to have more than 10,000 customers in more than 70 countries.  —  Practice Better is the result of its founder …

MIT engineers “grow” atomically thin transistors on top of computer chips

Emerging AI applications, like chatbots that generate natural human language, demand denser, more powerful computer chips. But semiconductor chips are traditionally made with bulk materials, which are boxy 3D structures, so stacking multiple layers of transistors to create denser integrations is very difficult. However, semiconductor transistors made from ultrathin 2D materials, each only about three […]

Sources: Germany is in talks to limit the export of chemicals used to make advanced chips to China, seeking to join US and EU allies in closing ranks on China (Bloomberg)

Bloomberg: Sources: Germany is in talks to limit the export of chemicals used to make advanced chips to China, seeking to join US and EU allies in closing ranks on China  —  Germany is in talks to limit the export of chemicals to China that are used to manufacture semiconductors as Berlin steps up efforts […]

Apple reports European MAUs for its App Stores: iOS has 101M, iPadOS has 23M, macOS has 6M, tvOS has 1M, and watchOS, Books, and Podcasts have under 1M each (Benjamin Mayo/9to5Mac)

Benjamin Mayo / 9to5Mac: Apple reports European MAUs for its App Stores: iOS has 101M, iPadOS has 23M, macOS has 6M, tvOS has 1M, and watchOS, Books, and Podcasts have under 1M each  —  In order to comply with the European Digital Services Act, Apple has been forced to reveal the number of monthly active […]

Stock exchange operator Deutsche Boerse offers to buy Danish investment management software company SimCorp for €3.9B in cash; SimCorp had €561M in 2022 revenue (Reuters)

Reuters: Stock exchange operator Deutsche Boerse offers to buy Danish investment management software company SimCorp for €3.9B in cash; SimCorp had €561M in 2022 revenue  —  Stock exchange operator Deutsche Boerse (DB1Gn.DE) on Thursday announced a 3.9 billion euro ($4.31 billion) …

Harvey, which builds generative AI tools for law firms, raised a $21M Series A led by Sequoia with participation from the OpenAI Startup Fund and others (Sara Merken/Reuters)

Sara Merken / Reuters: Harvey, which builds generative AI tools for law firms, raised a $21M Series A led by Sequoia with participation from the OpenAI Startup Fund and others  —  With more and more lawyers at major law firms using fast-advancing generative artificial intelligence tools, legal AI startup Harvey …

Google says it plans to add E2EE to Google Authenticator “down the line”, after researchers warned that its new feature to sync 2FA codes is not E2E encrypted (Abner Li/9to5Google)

Abner Li / 9to5Google: Google says it plans to add E2EE to Google Authenticator “down the line”, after researchers warned that its new feature to sync 2FA codes is not E2E encrypted  —  On Monday, Google Authenticator launched the ability to sync 2FA codes to your Google Account.

Meta says time spent on Instagram grew 24%+ since Reels launched thanks to AI recommendations, and expects Reels to be revenue-neutral by year end or early 2024 (Darrell Etherington/TechCrunch)

Darrell Etherington / TechCrunch: Meta says time spent on Instagram grew 24%+ since Reels launched thanks to AI recommendations, and expects Reels to be revenue-neutral by year end or early 2024  —  Meta shared some updated engagement info around its platforms on its Q1 2023 quarterly earnings call on Wednesday …