TMtechmemeSources: ByteDance has secured a $29.6B loan in Asia's second-largest USD-denominated borrowing this year, behind SoftBank's $40B bridge loan signed in March (Bloomberg)industry11 days ago▲ 24Read story→
TMtechmemeSouth Korean semiconductor exports surged 209% YoY to a record $46.65B in August, accounting for 47.5% of the country's goods exports, according to officials (Lim Hui Jie/CNBC)industry11 days ago▲ 24Read story→
TMtechmemeChina-based Moonshot filed confidentially for a Hong Kong IPO; source: the company is in talks to raise a pre-IPO funding round at a $50B valuation (Juro Osawa/The Information)industry11 days ago▲ 24Read story→
TMtechmemeSources: Meta adjusts employee review language around "AI-driven impact" and token usage, easing off on tokenmaxxing, while promoting the use of AI agent Hatch (Wired)industry11 days ago▲ 24Read story→
TMtechmemeA look at Loudoun County, Virginia, dubbed "Data Center Alley", which hosts ~250 data centers and offers a glimpse into data centers' impact on communities (Lauren Feiner/The Verge)industry11 days ago▲ 24Read story→
TMtechmemeMicrosoft shifts from three reporting segments to two: Agents and Infra, including Microsoft 365 and Azure, and Devices and Consumer, with Windows and Xbox (Stephen Nakrosis/Wall Street Journal)industry11 days ago▲ 24Read story→
TMtechmemeMicrosoft will start disclosing Azure quarterly revenue as part of a shift in its reporting structure, under which Azure revenue grew 42% YoY to $29.42B in Q4 (Jordan Novet/CNBC)industry11 days ago▲ 24Read story→
TMtechmemeUber launches London's first commercial robotaxi service; the vehicles use Wayve's autonomous driving tech and will initially have human safety drivers (Andrew J. Hawkins/The Verge)industry11 days ago▲ 24Read story→
TMtechmemeSources: Palo Alto Networks paid $500M in cash and stock to acquire agentic IT support startup Console; PitchBook: Console was valued at $157M before the sale (Marina Temkin/TechCrunch)industry11 days ago▲ 24Read story→
TMtechmemeSources: Thoma Bravo-backed Proofpoint is in talks to acquire cybersecurity company Varonis; Varonis rose 10.4% on Wednesday, giving it a market value of ~$5.4B (Ryan Gould/Bloomberg)industry11 days ago▲ 24Read story→
TMtechmemeMuse Spark 1.3 with max reasoning, in limited preview for partners, scores 62 on the Artificial Analysis Intelligence Index, behind only Fable 5.1 and Opus 5 (@artificialanlys)industry11 days ago▲ 24Read story→
TMtechmemeHPE reports Q3 revenue up 34% YoY to $12.2B, vs. $11.9B est., forecasts FY 2026 and FY 2027 sales growth above est., signs a $3.5B server deal with a cloud firm (Dina Bass/Bloomberg)industry11 days ago▲ 24Read story→
TMtechmemeBroadcom reports Q3 revenue up 86% YoY to $29.59B, vs. $29.36B est., AI semiconductor revenue up 221% to $16.7B, and forecasts Q4 revenue below estimates (Jordan Novet/CNBC)industry11 days ago▲ 24Read story→
TMtechmemeSnowflake reports Q2 revenue up 35% YoY to $1.55B, vs. $1.48B est., and forecasts Q3 and FY 2027 product revenue above estimates; SNOW jumps 20%+ after hours (MarketWatch)industry11 days ago▲ 24Read story→
TMtechmemeLetter: OpenAI told two House Democrats that its engineers are developing "automated shutdown capabilities" for AI systems (Courtney Rozen/Reuters)industry11 days ago▲ 24Read story→
TMtechmemeMark Zuckerberg says Meta's Watermelon model and Muse Spark open weights are "coming soon" (Mark Zuckerberg/@finkd)industry11 days ago▲ 24Read story→
TMtechmemeMeta rolls out Muse Spark 1.3 in Muse Code and Meta Model API, saying it significantly improves coding and agentic performance, at the same price as Spark 1.2 (Ina Fried/Axios)industry11 days ago▲ 24Read story→
TMtechmemeUber is shutting down services in Nigeria and Uganda from September 2 after a global review of its operations; it launched in Nigeria in 2014 and Uganda in 2016 (Bloomberg)industry11 days ago▲ 24Read story→
TMtechmemeX says US payouts for its Original Content Rewards and Subscriptions will now be handled through X Money (Sarah Perez/TechCrunch)industry11 days ago▲ 24Read story→
TMtechmemeThyme Care, which focuses on filling gaps in cancer treatment through a virtual navigation platform, raised a $125M Series E at a $2B+ valuation (Ian Thomas/CNBC)industry11 days ago▲ 24Read story→