Tag: financial
Analysis: food delivery apps Deliveroo, Just Eat Takeaway, Delivery Hero, and DoorDash have racked up $20.3B in combined operating losses since they went public (Financial Times)
Financial Times: Analysis: food delivery apps Deliveroo, Just Eat Takeaway, Delivery Hero, and DoorDash have…
A look at the UK's $5.5B gaming trade, as PE firm EQT makes a ~$2.8B purchase offer for Keyword Studios, and other developers shore up their balance sheets (Financial Times)
Financial Times: A look at the UK's $5.5B gaming industry, as PE firm EQT makes…
AWS says it has "absolutely transitioned" its previous orders for Nvidia's Grace Hopper chips to the successor Grace Blackwell chips, announced in March 2024 (Financial Times)
Financial Times: AWS says it has “fully transitioned” its previous orders for Nvidia's Grace Hopper…
Microsoft, Meta, Google and others pitch smaller language models that are cheaper to build and practice, to lower costs and hardware requirements for generative AI (Financial Times)
Financial Times: Microsoft, Meta, Google and others pitch smaller language models that are cheaper to…
Financial institutions have 30 days to disclose breaches under new rules
The Securities and Exchange Commission (SEC) will require some financial institutions to disclose security breaches…
Alibaba leverages computing resources to become a leading AI investor in China; sources: cloud credits made up ~50% of Alibaba's $800M investment in Moonshot AI (Financial Times)
Financial Times: Alibaba leverages computing resources to become a leading AI investor in China; sources:…
Interviews with 24+ current and ex-ByteDance employees: the Beijing-based company has increasingly taken a grip over TikTok's operations, leading to a culture clash (Financial Times)
Financial Times: Interviews with 24+ current and ex-ByteDance staff: the Beijing-based company has increasingly taken…
Paris-based Payflows, whose automated financial management SaaS could be deployed on top of existing ERP techniques, raised a €25M Series A led by Balderton (Tom Matsuda/Sifted)
Tom Matsuda / Sifted: Paris-based Payflows, whose automated financial management SaaS could be deployed on…
Sources: Biden administration is encouraging US tech groups to seek AI deals in the UAE and brokered Microsoft's deal with G42, as it seeks an edge over China (Financial Times)
Financial Times: Sources: Biden administration is encouraging US tech groups to seek AI deals in…
Hacking group GhostR claims it stole 5.3M records from World-Check's screening database, used for KYC checks for sanctions and financial crime hyperlinks, in March (Zack Whittaker/TechCrunch)
Zack Whittaker / TechCrunch: Hacking group GhostR claims it stole 5.3M records from World-Check's screening…
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