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Monthly Archives: August 2024
Rediff, once a pioneer of internet services in India, sells majority stake for $3M
Payments infrastructure firm Infibeam Avenues has acquired a majority 54% stake in Rediff.com for up to $3 million, a dramatic twist of fate for the 28-year-old business that was the first Indian internet firm to list on NASDAQ back in … Continue reading
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Nvidia reportedly faces a U.S. DOJ antitrust probe after complaints from rivals
The U.S. Department of Justice is investigating complaints that Nvidia allegedly abused its market dominance in AI chips, The Information reported.
Turkey blocks Instagram throughout country amid complaints of censorship of Hamas posts
The Turkish government did not disclose a reason for the ban nor how long it would be in place.
Grab Microsoft Office Pro 2021 and Windows 11 Pro Bundled for $55
Whether you’re building a startup or trying to manage a distributed team, Office 2021 and Windows 11 Pro provide the tools you need for less than $55.
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Intel’s 22% share plunge drags down global chip stocks from TSMC to Samsung
Asian stocks including Samsung and TSMC closed lower as European chip firms including ASML also dropped.
Terraform Labs co-founder and crypto fugitive, Do Kwon, set for extradition to South Korea
The Appellate Court of Montenegro ruled on Thursday that Terraform Labs co-founder, Do Kwon, should be returned to his home country, South Korea. The ruling confirmed an earlier decision in April from the High Court of Podgorica which rejected a … Continue reading
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Meta’s Threads crosses 200 million active users
A day after Meta CEO Mark Zuckerberg talked about his newest social media experiment Threads reaching “almost” 200 million users on the company’s Q2 2024 earnings call, the platform has touched the milestone. Instagram head Adam Mosseri confirmed that the … Continue reading
Nintendo profit plunges 55% as sales of its ageing Switch console fall sharply
Nintendo sold 2.1 million units of its flagship Switch consoles, down 46% from the 3.91 million units it sold in the year ago period.
Why not all semiconductor firms are benefitting from the AI boom like Nvidia has
Not all chip firms are benefitting from the boom in artificial intelligence, earnings show, underscoring the complexities of the semiconductor supply chain.
Connect with Google Cloud, Aerospace, Qualcomm and more at Disrupt 2024
TechCrunch Disrupt 2024 will be in San Francisco on October 28–30, and we’re already excited! Disrupt brings innovation for every stage of your startup journey, and we could not bring you this world-class event without our world-class partners. Take advantage of the … Continue reading
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