Bloomberg: An investigation shows how pedophiles groom children using Roblox, a problem exacerbated by Roblox not collecting any personal information beyond a user’s age — DoctorRofatnik, known to fans as “Doc,” looked almost mayoral in a tall white hat, a… Continue Reading →
Bloomberg: TSMC says its HPC group, which includes AI and server chips, accounted for 52% of wafer revenue in Q2, the first time it made up the majority of sales — – HPC division houses AI accelerators, servers and MacBook… Continue Reading →
Samuel Stolton / Bloomberg: Sources: Google offered CISPE ~€455M worth of Google cloud licenses and €14M in cash in a deal for CISPE to maintain its antitrust complaint against Microsoft — – Firm’s deal offer aimed at continuing EU case… Continue Reading →
Muyao Shen / Bloomberg: Hashed: 1M+ memecoins have been created on Pump.fun, a platform based on the Solana and Blast blockchains, generating $50M+ in revenue since its January launch — – Pump.fun is one of the most profitable memecoin projects … Continue Reading →
South China Morning Post: Hong Kong proposes stiffer penalties for illegal ride-hailing services and use of licensing to regulate platforms such as Uber, potentially limiting their scope — – Transport and Logistics Bureau says it will also strengthen local taxi… Continue Reading →
Xinmei Shen / South China Morning Post: Preqin: China accounted for 90% of global semiconductor VC funding in 2023, with $22.2B and up from $9.5B in 2022; the funding slowed to just $1.6B in H1 2024 — – Ninety per… Continue Reading →
Alexandra Sternlicht / Fortune: An overview of “looksmaxxing” apps that rate teen boys’ faces, boast millions of downloads, and, critics say, are exacerbating the youth mental health crisis — After Dillon Latham’s girlfriend dumped him during their junior year of… Continue Reading →
Nikhilesh De / CoinDesk: A US judge rules the SEC has plausibly alleged Binance, Binance.US, and Changpeng Zhao violated federal securities laws, but dismisses secondary sales charges — A federal judge ruled the SEC had plausibly alleged Binance, Binance.US and… Continue Reading →
Alexandra Alper / Reuters: Sources: US is probing China Mobile, China Telecom, and China Unicom over concerns they are providing Americans’ data to Beijing through their US cloud services — The Biden administration is investigating China Mobile, China Telecom and… Continue Reading →
Nikkei Asia: Huawei announces HarmonyOS Next, to be used in all of its devices, Harmony Intelligence, to integrate AI onto its devices, and Pangu 5.0, a family of four LLMs — Operating system will cover all devices and leverage company’s… Continue Reading →
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