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Monthly Archives: May 2023
UK greenlights $7.3B merger between satellite rivals Viasat and Inmarsat
The U.K.’s Competition and Markets Authority (CMA) has officially greenlighted the proposed $7.3 billion merger between Viasat and Inmarsat. London-based Inmarsat and its U.S. rival Viasat offer various satellite services including in-flight Wi-Fi to commercial airlines. Today’s news comes some … Continue reading
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IBM intros a slew of new AI services, including generative models
IBM, like pretty much every tech giant these days, is betting big on AI. At its annual Think conference, the company announced IBM Watsonx, a new platform that delivers tools to build AI models and provide access to pretrained models … Continue reading
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TikTok’s parent ByteDance eyes a new chapter, in book publishing
After aggressively promoting its new lifestyle social media platform Lemon8 in the U.S., ByteDance appears to be brewing another content app for its biggest overseas market. Lemon Inc, a subsidiary of ByteDance, has submitted a trademark application for a range … Continue reading
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How To Delete Your Data From ChatGPT
OpenAI has new tools that give you more control over your information—although they may not go far enough.
WhatsApp now allows Singapore-based users to pay businesses within the app
After India and Brazil, WhatsApp is launching the ability to pay businesses within a chat in Singapore. Meta has partnered with Stripe to roll out the feature in the region. WhatsApp has built this payment feature using Stripe Connect and … Continue reading
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Prewave pulls in $20M as supply chain tech investments remain on VC radars
Despite the investor caution narrative permeating the startup world throughout the economic downturn, certain startup-types have been a little more impervious to market conditions. The global supply chain was one of the major industrial casualties of the pandemic, so it … Continue reading
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LinkedIn cuts 716 jobs as it phases out its China app
LinkedIn is cutting 716 jobs and will begin phasing out its local jobs app in China. In a letter today, LinkedIn CEO Ryan Roslanky said the decision to shutter the standalone China app, called InCareer, was because of “fierce competition … Continue reading
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Sam Bankman-Fried, in First Detailed Defense, Seeks to Dismiss Charges
The FTX founder, who has been charged with fraud, said the crypto exchange and its law firm had been acting against him and offering only the most incriminating evidence to prosecutors.
Tech layoffs: LinkedIn cuts 700 jobs and phases out China
The careers site is the latest tech company to announce major job cuts.
Tesla’s new Texas lithium refinery to support 1M electric vehicles by 2025
Tesla officially broke ground Monday on a Texas lithium refinery, making it the only U.S. automaker to refine its own lithium. CEO Elon Musk said the refinery will produce enough battery grade lithium for 1 million electric vehicles by 2025, … Continue reading
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