News

Alex Koller / CNBC: Adobe releases Acrobat AI Assistant to summarize and answer questions about documents for $4.99/month as an “early access” rate, and a mobile version in beta  —  Adobe CEO Shantanu Narayen speaks during an interview with CNBC… Read More »Adobe releases Acrobat AI Assistant to summarize and answer questions about documents for $4.99/month as an “early access” rate, and a mobile version in beta (Alex Koller/CNBC)

Bloomberg: As Microsoft begins its most ambitious security overhaul in two decades, critics question if Microsoft has sufficient incentive to make deep and lasting changes  —  Company has embarked on biggest security reboot in two decades, but critics question whether… Read More »As Microsoft begins its most ambitious security overhaul in two decades, critics question if Microsoft has sufficient incentive to make deep and lasting changes (Bloomberg)

Meta: Meta plans to temporarily shut down Threads in Turkey from April 29 to comply with an interim order prohibiting data sharing between Threads and Instagram  —  To comply with an interim order of the Rekabet Kurumu/Turkish Competition Authority (TCA),… Read More »Meta plans to temporarily shut down Threads in Turkey from April 29 to comply with an interim order prohibiting data sharing between Threads and Instagram (Meta)

Olivia Poh / Bloomberg: Singapore-based used car marketplace Carro raised ~$100M in pre-IPO funding at a $1.5B+ valuation and reports its first annual operating profit  —  – Used-vehicle platform courts investors with profit pledges  — Carro vies with Malaysia’s Carsome… Read More »Singapore-based used car marketplace Carro raised ~$100M in pre-IPO funding at a $1.5B+ valuation and reports its first annual operating profit (Olivia Poh/Bloomberg)

David Pan / Bloomberg: Bitcoin’s next halving, set for around April 20, will cut miners’ validating transactions to 450 from 900 now, costing the industry ~$10B in annual revenue  —  – Cryptocurrency’s update will slash new supply in late April … Read More »Bitcoin’s next halving, set for around April 20, will cut miners’ validating transactions to 450 from 900 now, costing the industry ~$10B in annual revenue (David Pan/Bloomberg)

Echo Wang / Reuters: Source: cloud data management startup Rubrik plans to sell 23M shares priced between $28 and $31 each, raising up to $713M and reaching a $5.4B valuation  —  Cybersecurity software firm Rubrik, which counts Microsoft (MSFT.O) among… Read More »Source: cloud data management startup Rubrik plans to sell 23M shares priced between $28 and $31 each, raising up to $713M and reaching a $5.4B valuation (Echo Wang/Reuters)

Bloomberg: OpenAI opens a Tokyo office, releases a Japanese language GPT-4 model, and taps former president of AWS’s Japan arm Tadao Nagasaki to lead an enterprise push  —  OpenAI named the former president of Amazon Web Services’s Japan arm to… Read More »OpenAI opens a Tokyo office, releases a Japanese language GPT-4 model, and taps former president of AWS’s Japan arm Tadao Nagasaki to lead an enterprise push (Bloomberg)

Financial Times: The US awards Samsung $6.4B in CHIPS Act funding and says the company plans to make 2nm chips at its Taylor, Texas plant by 2026, two years ahead of TSMC  —  South Korean group set to outdo rival… Read More »The US awards Samsung $6.4B in CHIPS Act funding and says the company plans to make 2nm chips at its Taylor, Texas plant by 2026, two years ahead of TSMC (Financial Times)

Hannah Giorgis / The Atlantic: A look at BlackPlanet, a social network for African Americans that went live in 1999, had ~15M users in 2008, and arguably laid the foundation for Black Twitter  —  Revisiting BlackPlanet, and a lost era… Read More »A look at BlackPlanet, a social network for African Americans that went live in 1999, had ~15M users in 2008, and arguably laid the foundation for Black Twitter (Hannah Giorgis/The Atlantic)

Joseph Politano / Apricitas Economics: An overview of Bureau of Labor Statistics data, which shows California’s percentage of US tech jobs has continued to steadily decline since 2020  —  The Golden State Used to Dominate Tech Employment—But Its Share of… Read More »An overview of Bureau of Labor Statistics data, which shows California’s percentage of US tech jobs has continued to steadily decline since 2020 (Joseph Politano/Apricitas Economics)