Alex Barinka / Bloomberg:
A look at Snap’s shift towards investing aggressively in AI and AR after revamping its ad business, as it tries to adapt to changing social media habits — – Messaging app turns attention to improved, personalized tools — Company seeks to adapt to changing social media habits
An interview with Kokusai Electric CEO Fumiyuki Kanai on KKR’s role in the Japanese chip equipment maker’s IPO, becoming an advocate for PE in Japan, and more (David Keohane/Financial Times)
David Keohane / Financial Times:
An interview with Kokusai Electric CEO Fumiyuki Kanai on KKR’s role in the Japanese chip equipment maker’s IPO, becoming an advocate for PE in Japan, and more — Fumiyuki Kanai came to value KKR as a tool for change ahead of country’s biggest IPO in five years
Many outlets have increased reliance on Apple News+; The Daily Beast is set to make $3M-4M from it in 2024, and Time says it delivers 7-figure annual revenue (Max Tani/Semafor)
Max Tani / Semafor:
Many outlets have increased reliance on Apple News+; The Daily Beast is set to make $3M-4M from it in 2024, and Time says it delivers 7-figure annual revenue — The Scoop — Like many digital publishers, The Daily Beast was struggling at the end of 2023.
Many outlets have increased reliance on Apple News+; The Daily Beast is set to make $3M-4M from it in 2024, and Time says it delivers 7-figure annual revenue (Max Tani/Semafor)
Max Tani / Semafor:
Many outlets have increased reliance on Apple News+; The Daily Beast is set to make $3M-4M from it in 2024, and Time says it delivers 7-figure annual revenue — The Scoop — Like many digital publishers, The Daily Beast was struggling at the end of 2023.
A look at Overland AI, Potential, and other startups developing off-road self-driving systems, including for military operations, underground mining, and more (Rebecca Bellan/TechCrunch)
Rebecca Bellan / TechCrunch:
A look at Overland AI, Potential, and other startups developing off-road self-driving systems, including for military operations, underground mining, and more — A new crop of early-stage startups — along with some recent VC investments — illustrates a niche emerging in the autonomous vehicle technology sector.
Around 58 countries now offer a digital nomad visa, as governments compete with each other to attract talent; the number of US digital nomads hit 17.3M in 2023 (Emma Agyemang/Financial Times)
Emma Agyemang / Financial Times:
Around 58 countries now offer a digital nomad visa, as governments compete with each other to attract talent; the number of US digital nomads hit 17.3M in 2023 — Nearly 60 countries are offering remote visas, many with an eye to making visitors permanent residents
Microsoft, Meta, Google and others pitch smaller language models that are cheaper to build and train, 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 build and train, to lower costs and hardware requirements for generative AI — Microsoft, Meta and Google have released new versions with fewer ‘parameters’ that are cheaper to build and train
At the 2024 Upfronts, streaming services dominated with Amazon Prime Video and Netflix making their debut, and live sports and ad tech were given more attention (Stephen Battaglio/Los Angeles Times)
Stephen Battaglio / Los Angeles Times:
At the 2024 Upfronts, streaming services dominated with Amazon Prime Video and Netflix making their debut, and live sports and ad tech were given more attention — Advertising executives who entered Radio City Music Hall on Monday for NBCUniversal’s upfront presentation were greeted …
Sources: US officials have told Google, Meta, and others about concerns that undersea cables could be vulnerable to tampering by China-owned repair ships (Wall Street Journal)
Wall Street Journal:
Sources: US officials have told Google, Meta, and others about concerns that undersea cables could be vulnerable to tampering by China-owned repair ships — Google, Meta Platforms and others partially own many cables, but they rely on maintenance specialists, including some with foreign ownership
Memo: Didi co-founder Jean Liu steps down as president and board director, positions she has held since December 2014, and will become a “permanent partner” (Bloomberg)
Bloomberg:
Memo: Didi co-founder Jean Liu steps down as president and board director, positions she has held since December 2014, and will become a “permanent partner” — – Liu will become permanent partner, internal letter says — Company’s management will no longer have position of president
