February 18, 2025news Arkham: FTX users with claims below $50K have started to receive funds via Kraken and BitGo, expected to total $1.2B; users with $50K+ claims will be paid in Q2 (Francisco Rodrigues/CoinDesk) The payouts, totaling around $1.2 billion in this phase, are being distributed in U.S. dollars through BitGo and Kraken. Read More »
February 18, 2025news Acer CEO Jason Chen says the company will “probably” raise US laptop prices by 10% “by default” from March 2024 due to Trump’s tariffs on Chinese imports (James Titcomb/Telegraph) By James Titcomb / Telegraph. View the full context on Techmeme. Read More »
February 18, 2025news xAI says Grok-3 outperforms Gemini-2 Pro, DeepSeek-V3, Claude 3.5 Sonnet, and GPT-4o in some benchmarks; Musk says xAI’s mission is to “understand the universe” (Jowi Morales/Tom’s Hardware) There’s a powerful new AI model in town. Read More »
February 18, 2025news Tel Aviv- and New York-based Blockaid, which offers crypto security tools, raised a $50M Series B led by Ribbit and says it stopped 71M attacks in 2024 (Suvashree Ghosh/Bloomberg) Tel Aviv- and New York-based Blockaid, which offers crypto security tools, raised a $50M Series B led by Ribbit and says it […]
February 18, 2025news A look at Apple’s quiet pivot to India, where Foxconn now makes the iPhone 16 Pro; sources say China views Apple’s growing business in India with suspicion (Financial Times) From Financial Times. View the full context on Techmeme. Read More »
February 17, 2025news Analysis: Spotify, which reported its first annual profit in 2024, had just €1.8B in ad revenue, 26% above 2022, while subscription revenue grew 35% to €13.8B (Catherine Perloff/The Information) Analysis: Spotify, which reported its first annual profit in 2024, had just €1.8B in ad revenue, 26% above 2022, while subscription revenue […]
February 17, 2025news Surj, the sporting arm of Saudi Arabia’s PIF, plans to invest $1B in DAZN and a new joint venture with the sports streamer; source: Surj will take a <5% stake (Financial Times) Read More »
February 17, 2025news Mistral releases Mistral Saba, a 24B-parameter custom-trained model focused on Arabic language and culture, via its API; Saba outperforms Mistral Small 3 (Romain Dillet/TechCrunch) The next frontier for large language models (LLMs), one of the key technologies underpinning the boom in generative AI tools, might be […]
February 17, 2025news Sources: Tesla is bracing for a delay in Chinese approval for FSD, despite an earlier sign it would come in Q2; China is weighing using it in US negotiations (Financial Times) Read More »
February 17, 2025news Dream, which offers cybersecurity tools to governments and critical infrastructure firms, raised $100M led by Bain at a $1.1B valuation, up from $190M in 2023 (Gillian Tan/Bloomberg) Dream, which offers cybersecurity tools to governments and critical infrastructure firms, raised $100M led by Bain at a $1.1B valuation, up from […]
