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PDD-owned Pinduoduo says it plans to allocate ~$13B over the next three years to support its merchants, following other Chinese e-commerce companies (Tracy Qu/Wall Street Journal)
2025-04-03 10:56 - https://www.techmeme.com/feed.xml
 
President Trump's tariffs are set to disrupt the Bitcoin mining sector, with many of the largest miners based in the US and the supply chain rooted in Asia (Ryan Weeks/Bloomberg)
2025-04-03 10:56 - https://www.techmeme.com/feed.xml
 
Spotify rolls out new ad tools, including an AI tool in the US and Canada to generate scripts and voiceovers, and pitches itself to advertisers as "nutritional" (Jessica Testa/New York Times)
2025-04-03 09:56 - https://www.techmeme.com/feed.xml
 
Q&A with Christopher Bishop on leading Microsoft's AI for Science lab, why scientific discovery will be AI's single most important application, and more (Madhumita Murgia/Financial Times)
2025-04-03 09:55 - https://www.techmeme.com/feed.xml
 
Cyberhaven, whose AI-powered tech lets companies detect when employees use internal data in an unauthorized manner, raised a $100M Series D at a $1B+ valuation (Maria Deutscher/SiliconANGLE)
2025-04-03 09:55 - https://www.techmeme.com/feed.xml
 
Rotterdam-based Gradyent, which lets energy providers optimize their systems by creating digital twins of heating and cooling grids, raised a €28M Series B (Cate Lawrence/Tech.eu)
2025-04-03 08:55 - https://www.techmeme.com/feed.xml
 
Circle's S-1 shows that it is basically a fintech and that, as of December 31, 2024, ~85% of USDC reserves were held in a BlackRock-managed money market fund (Matt Levine/Bloomberg)
2025-04-03 08:55 - https://www.techmeme.com/feed.xml
 
AttoTude, which offers THz interconnect tech for AI and hyperscale data centers, raised a $50M Series B, after a $30M Series A and $11M seed in 2024 (FinSMEs)
2025-04-03 07:55 - https://www.techmeme.com/feed.xml
 
Netscout: DDoS attacks rose from 13M+ in 2023 to ~17M in 2024, becoming a staple of geopolitical conflict as new tech like AI supercharges their power (Ryan Gallagher/Bloomberg)
2025-04-03 07:55 - https://www.techmeme.com/feed.xml
 
Sources: Sumitomo Mitsui Banking Corp. is in talks with Fujitsu to help the bank's biggest customers make key decisions using AI-inferred demand predictions (Hideki Suzuki/Bloomberg)
2025-04-03 06:55 - https://www.techmeme.com/feed.xml
 
Adaptive Security, which uses AI for simulating cyberthreats, raised $43M co-led by OpenAI and a16z, marking OpenAI's first investment in a cybersecurity firm (Laya Neelakandan/CNBC)
2025-04-03 07:55 - https://www.techmeme.com/feed.xml
 
Samsung has turned to Chinese customers like Baidu to prop up its ailing chip business; SemiAnalysis says Samsung is the "biggest supplier of HBM into China" (Financial Times)
2025-04-03 03:54 - https://www.techmeme.com/feed.xml
 
Sources: Google is in advanced talks to rent Nvidia Blackwell AI chips from CoreWeave, highlighting how major Nvidia customers are struggling to get chips (The Information)
2025-04-03 03:54 - https://www.techmeme.com/feed.xml
 
The US announces a new 34% "reciprocal" tariff rate on almost all products imported from China, going into effect from April 9, 2025 (Bloomberg)
2025-04-03 02:53 - https://www.techmeme.com/feed.xml
 
Apple shares drop 7%+ after hours following Trump's announcement that the US will impose tariffs of 46% on Vietnam, 26% on India, and an additional 34% on China (Tripp Mickle/New York Times)
2025-04-02 23:53 - https://www.techmeme.com/feed.xml
 
Key parts of the US Social Security site have crashed in the past week, as phone support is reduced; report: SSA's site was down four times in 10 days in March (Lucas Ropek/Gizmodo)
2025-04-03 00:53 - https://www.techmeme.com/feed.xml
 
The White House says "de minimis" exemptions for packages under $800 from China and Hong Kong will end on May 2, affecting Temu, Shein, and other marketplaces (Spencer Soper/Bloomberg)
2025-04-02 23:53 - https://www.techmeme.com/feed.xml
 
Google unveils a NotebookLM "Discover sources" feature, which searches the web and recommends up to 10 sources for users to add to their notebooks (Abner Li/9to5Google)
2025-04-02 21:52 - https://www.techmeme.com/feed.xml
 
Tech stocks fall in late trading after Trump announced new tariffs: Amazon drops as much as ~6%, Meta ~5%, Nvidia ~5%, Alphabet ~3%, and Microsoft ~3% (Kif Leswing/CNBC)
2025-04-02 22:53 - https://www.techmeme.com/feed.xml
 
Source: Scale AI generated ~$870M in revenue in 2024, with its annualized run rate reaching $1.5B by the end of the year, and expects $2B in revenue in 2025 (Bloomberg)
2025-04-02 22:53 - https://www.techmeme.com/feed.xml
 
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