HP reports Q2 revenue down 21.7% YoY to $12.91B, vs. $13.07B est., Personal Systems revenue down 29% YoY to $8.18B, and Printing revenue down 5% YoY to $4.74B — HP Inc (HPQ.N) on Tuesday missed Wall Street targets for second-quarter revenue, hurt by a slowdown in the personal computer market …
HPE reports Q2 revenue up 4% YoY to $7B, vs. $7.3B est., HPC & AI revenue up 18% YoY to $840M, and Intelligent Edge revenue up 50% YoY to $1.3B — HP CEO expects PC sales to rebound in the second half of the year and notes that AI will ‘redefine what PCs can do’
Miami-based Transak, which sells payment and onboarding infrastructure for Web3 games and financial apps, raised a $20M Series A led by CE Innovation Capital — The startup offers on- and off-ramps that could make it easier for new users to interact with Web3 projects.
Analyst Ross Young says Apple's headset will have two 1.41" Micro OLED displays at 5000+ nits of brightness, a 4000:1 contrast ratio, and “should be 4K per eye” — The tech community is collectively on the edge of our seats as we zoom toward the expected unveiling of Apple's mixed reality headset.
Tokyo-based Gitai, which develops a robotic arm and a robotic rover for in-space applications, raised a ~$30M Series B extension led by Global Brain Corporation — There is a groundswell of commercial space initiatives focused on the moon, with established companies and newer upstarts …
A profile of YouTube CEO Neal Mohan, credited with bulking up its ad and subscription businesses while seeking to crack down on dangerous and misleading videos — Neal Mohan goofs around with creators and woos advertisers to the platform's short videos and TV offerings
Arm transitions to a comprehensive 64-bit platform with new mobile CPU core designs Cortex-X4, Cortex-A720, and Cortex-A520, built on its Armv9.2 architecture — Throughout the world, if there's one universal constant in the smartphone and mobile device market, it's Arm.
A look at hCaptcha, a reCAPTCHA alternative used by Discord and others that is using AI-generated images to train ML systems and generative adversarial networks — Discord's captcha is asking users to identify a ‘Yoko,’ a snail-like object that does not exist and was created by AI. — Matthew Gault
Analysts and others say Wind Information, described as a Chinese alternative to Bloomberg terminal, is limiting international users' access to some information — E-commerce shopping trends, satellite images are no longer available to foreign users of Wind
Starting July, NYC will enforce a law requiring firms using AI in hiring to notify candidates of its use and have independent auditors check for bias annually — New York City's pioneering, focused approach sets rules on how companies use the technology in work force decisions.
Binance plans to launch a local service for Japan residents in the summer and discontinue its global service for users in the country on November 30, 2023 — Binance is creating a new platform for residents in Japan in order to fully comply with local regulations, the company said in a blog post.
US Commerce Secretary Gina Raimondo says the US “won't tolerate” China's ban on Micron chips and calls the decision an “economic coercion” — Commerce Secretary Gina Raimondo said the US “won't tolerate” the recent decision by Chinese authorities to ban chips …
Source and analysis: PDD-owned Temu is losing an average of $30 per order and between $588M to $954M per year, as it tries to break into the US market — The Chinese shopping app is topping app stores in the US. But it's burning money and squeezing its suppliers to a breaking point in a bid to take on Amazon.
The developers behind open source GameCube and Wii emulator Dolphin say Nintendo sent Valve a DMCA takedown notice to block Dolphin's impending release on Steam — The GameCube & Wii emulator developers say the Steam release is “indefinitely postponed.” — On Friday, the developers behind …
Paris-based Sekoia, a platform for the real-time detection of cyberattacks, raised a $35M Series A from Banque des Territoires, Bright Pixel, and BNP Paribas — Paris-based Sekoia.io, a cybersecurity SaaS company, announced on Wednesday, May 24, that it has raised €35M from Banque des Territoires …
A California jury finds Google's products infringed on a Sonos smart speaker patent and orders Google to pay $32.5M, or $2.30 for each of the 14M+ devices sold — Google has been ordered to pay Sonos $32.5 million for infringing on the company's smart speaker patent.
Germany-based Sastrify, which operates a marketplace for buying and managing SaaS subscriptions, raised a $32M Series B, bringing its total funding to $55.2M — Sastrify, a Cologne, Germany-based provider of a platform for buying and managing SaaS subscriptions, raised $32M in Series B funding.
Bluesky rolls out a “custom feeds” feature that lets users subscribe to different algorithms and make their own for others to use; most are not chronological — A future update will allow users to create their own within the app. — Bluesky, the Jack Dorsey-backed decentralized …
A beta version of WhatsApp suggests the company is working on adding usernames, which may allow users to chat without sharing their phone numbers — WhatsApp is rolling out a new update through the Google Play Beta Program, bringing the version up to 2.23.11.15. — What's new in this update?
OpenAI launches a program to award 10 grants of $100K to develop proof-of-concepts for a “democratic process” to set rules for AI “within the bounds” of the law — OpenAI says it's launching a program to award ten $100,000 grants to fund experiments in setting …
Twitch raises the price of Turbo, its ad-free subscription that offers extra emoticons, chat badges, and more; the US price jumps from $8.99 to $11.99 per month — Twitch is raising the monthly price of Twitch Turbo, its monthly subscription that lets you pay to remove most ads …
Twitter launches API Pro, a $5,000/month tier offering access to full archive search endpoints and the ability to fetch 1M tweets and post 300K tweets monthly — Twitter announced a new API tier today called Twitter API Pro for startups that costs $5,000 per month.
Google starts rolling out its AI-powered Search Generative Experience, with features like a conversational mode, to users that signed up for Search Labs — Announced at I/O 2023, Google is now rolling out the AI/LLM-powered Search Generative Experience (SGE) to users that signed up for the Search Labs program.
A Montenegro court overturns a lower court's decision that would have let Terraform Labs co-founder Do Kwon be released on €400K bail; Do Kwon remains in jail — A Montenegrin court has annulled a lower court's decision under which former crypto mogul and Terraform Labs co-founder Do Kwon would be released on bail.
Sources: Apple plans a smart-home display-like mode in iOS 17, with notifications and information like weather, when an iPhone is locked and in landscape mode — Apple Inc. is planning a new interface for iPhones that shows information such as calendar appointments, the weather and notifications …
Yoolim Lee / Bloomberg : Sources: Seoul-based AI chip designer FuriosaAI seeks to raise a $300M-$500M Series D to fund mass production of...
