Om Malik / On my Om : AI platforms are unlikely to become a major source of traffic or ad revenue for media outlets, with content deals o...
An APK review suggests the Rabbit R1 runs Android and its entire user interface is powered by a single Android app — The Rabbit R1 is probably running Android and is certainly powered by an Android app under the hood. — • — TL;DR — The Rabbit R1 is an AI-powered …
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IBM wins a court decision overturning $1.6B in damages it was ordered to pay BMC in 2022 for swapping in its own software while servicing a mutual client, AT&T — - Appeals court says IBM won BMC's client ‘fair and square’ — Judgment in 2022 was one of the largest-ever of its kind
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Twitch rolls out its TikTok-like discovery feed, launching as a tab within the Twitch iOS and Android apps showing live streams and clips — Twitch is officially rolling out its new TikTok-like discovery feed to all users this week, the company announced on Tuesday.
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Coinbase adds support for the Bitcoin Lightning Network via payments startup Lightspark, letting customers transfer bitcoin faster and at a lower cost — The integration brings instantaneous transfers on the layer-2 Lightning Network to the world's biggest Bitcoin exchange. — Total views
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A screenshot seems to show TikTok circumventing Apple's App Store fees by showing some users a link to a site for buying digital coins, instead of using IAPs — TikTok may be routing around the App Store to save money on commissions. According to new findings, the ByteDance-owned social video app …
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Amazon reports Q1 ad revenue up 24% YoY to $11.8B, vs. $11.7B est., driven by the growth of its Stores and Prime Video businesses — Amazon raked in $11.82 billion in ad revenue for the first quarter of 2024, well over analyst expectations, fueled by the ecommerce giant's move to serve advertising …
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SafeBase, which helps companies automate software security reviews using AI, raised a $33M Series B led by Touring Capital, bringing its total funding to $50M+ — Entrepreneurs Al Yang and Adar Arnon met at Harvard Business School and quickly realized that they had an interest in common: cybersecurity.
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Satellite telco SES has agreed to buy Starlink-rival Intelsat for $3.1B in cash — - SES said it will finance the deal with cash and new debt — Talks between the satellite providers fell apart last year — SES SA has agreed to buy Intelsat SA for $3.1 billion in cash to create …
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SCOTUS declines to block a Texas online porn restriction law, after critics said an age-verification mandate violates 1A by forcing viewers to submit their info — The pornography industry challenged the state law's age-verification provision, saying it places an unlawful burden on adults wishing to access content.
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The Browser Company debuts Arc on Windows, after testing began in December 2023, and says the Windows app has 150K+ users; the macOS app shipped in July 2023 — The Browser Company, makers of the Arc web browser, released its Windows version today. The company started testing the Windows client …
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Network security startup Corelight raised a $150M Series E led by Accel, in a deal valuing it at $900M, says it is on track to hit $100M in ARR within months — - Security startup is valued at $900 million in Accel-led round — Corelight combines cloud security and artificial intelligence
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Source: Apple is testing new Safari features including more advanced content blocking and an AI-powered Intelligent Search tool, expected to debut in 2024 — Apple is testing a version of its Safari web browser that includes UI tweaks, advanced content blocking features …
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Sources: Google has agreed to pay News Corp $5M to $6M annually to develop new AI-related content and products, as part of the Google News Initiative — Google has agreed to pay Wall Street Journal owner News Corp between $5 million and $6 million annually to develop new artificial intelligence …
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Eight daily newspapers owned by Alden sue OpenAI and Microsoft, accusing them of using copyrighted articles without permission to train generative AI products — The suit, which accuses the tech companies of copyright infringement, adds to the fight over the online data used to power artificial intelligence.
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Amazon makes its AI assistant Amazon Q generally available and adds an “app creator” to let employees build generative AI-powered apps based on company data — Amazon says it will give non-developers the ability to create apps using natural language as part of a new feature for Amazon Q …
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Beats announces $200 Solo 4 on-ear headphones, with up to 50 hours of battery life, and $80 wireless Solo Buds shipping in June, both without ANC — Beats just announced its new Solo 4, its latest in a long line of on-ear wireless headphones. The latest model, priced at $199.99, offers battery life of up to 50 hours.
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In its first TikTok Shop Safety Report, TikTok reports 500K+ sellers in the US and 15M+ sellers worldwide in December 2023, adding 6M+ in H2 2023 — - Company releases first safety report on its shopping platform — Merchants and approved users can link products for sale
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NYC-based newsletter platform beehiiv raised a $33M Series B led by NEA, taking its total raised to $46.5M, and says the service has ~20K active newsletters — With the number of people using e-mail globally approaching 5 billion, newsletters delivered regularly into people's inboxes continue …
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Bumble redesigns its app and adds Opening Moves, to let women ask a question men can answer, a major shift that ends the requirement that women message first — As dissatisfaction with online dating grows, the app that put women in control is shifting course.
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A Finnish court sentences hacker Julius Kivimäki to six years and three months, after he breached a healthcare database and attempted to blackmail 33,000 people — One of Europe's most wanted cyber criminals has been jailed for attempting to blackmail 33,000 people whose confidential therapy notes he stole.
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Instagram updates its recommendation algorithms to promote original content, impacting aggregator accounts, and increase distribution for smaller accounts — Instagram is making significant changes to how its system recommends content, with a focus on original content and increased distribution for smaller accounts.
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PayPal reports Q1 revenue up 9% YoY to $7.7B, payment volume up 14% YoY to $404B, transaction margin dollars up 4% YoY to $3.5B, and expects 2024 profit to drop — PayPal reported a 14% increase in total payment volume to $403.9 billion in the first quarter, it said in a statement Tuesday …
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Enterprise browser startup Island raised $175M led by Sequoia and Coatue at a $3B valuation, up from $1.5B in October 2023, taking its total funding to $487M — - Sequoia and Coatue lead $175 million investment in Island — Cisco-backed startup doubles in valuation since last year
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Since pleading guilty in November 2023, Changpeng Zhao has networked across the US to set up his next act; sources say CZ and Sam Altman exchanged text messages — Since pleading guilty to violating money-laundering rules, Changpeng Zhao, who ran the giant crypto exchange Binance …
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Huawei reports Q1 revenue up 37% YoY to ~$24.7B and net profit up 564% YoY to ~$2.7B, rising for the fourth consecutive quarter, buoyed by smartphone sales — - Its smartphone shipments grew 70% in the first quarter — The Shenzhen company is also offering AI chips to rival Nvidia
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