Robert Lemos / Dark Reading:
AT&T completes divestiture of its cybersecurity services group and forms LevelBlue, with staff in 10 countries focused on managed cybersecurity services — AT&T completed its divestiture of its cybersecurity services group and formed a joint venture with more than 1,000 employees …
The increase of stock sales in privately held companies leads to tensions with startups like Stripe; the market is estimated to rise 40% YoY to $64B in 2024 (Erin Griffith/New York Times)
Erin Griffith / New York Times:
The increase of stock sales in privately held companies leads to tensions with startups like Stripe; the market is estimated to rise 40% YoY to $64B in 2024 — The market for shares of hot start-ups like SpaceX and Stripe is projected to reach a record $64 billion this year.
Filing: Robinhood’s crypto arm got a Wells notice from the SEC on May 4; Robinhood says it has already ended support for tokens named in previous SEC lawsuits (Aoyon Ashraf/CoinDesk)
Aoyon Ashraf / CoinDesk:
Filing: Robinhood’s crypto arm got a Wells notice from the SEC on May 4; Robinhood says it has already ended support for tokens named in previous SEC lawsuits — The trading platform previously ended support for all tokens that were named in SEC lawsuits against Binance and Coinbase.
YouTube rolls out Jump Ahead, which uses AI to let users jump to parts of a video where most viewers skip ahead, to all US Premium members using its Android app (Adamya Sharma/Android Authority)
Adamya Sharma / Android Authority:
YouTube rolls out Jump Ahead, which uses AI to let users jump to parts of a video where most viewers skip ahead, to all US Premium members using its Android app — It’s currently available in the US on the YouTube Android app. — • — TL;DR — YouTube Premium members in the US …
Hugging Face launches LeRobot, an open-source robotics code library, after hiring former Tesla scientist Remi Cadene to lead its open-source robotics project (Carl Franzen/VentureBeat)
Carl Franzen / VentureBeat:
Hugging Face launches LeRobot, an open-source robotics code library, after hiring former Tesla scientist Remi Cadene to lead its open-source robotics project — Earlier this year, in March 2024, the AI developer-focused startup Hugging Face — known for maintaining the largest online repository …
iPhone 15 Pro Max was Q1’s best-selling smartphone; Pro phones were 50% of Apple’s sales, up from 24% in 2020; Apple and Samsung each had five phones in top 10 (Counterpoint Research)
Counterpoint Research:
iPhone 15 Pro Max was Q1’s best-selling smartphone; Pro phones were 50% of Apple’s sales, up from 24% in 2020; Apple and Samsung each had five phones in top 10 — – Apple and Samsung dominated the list of top 10 best-selling smartphones in Q1 2024. — This was the first quarter in which the top 10 smartphones were all 5G capable.
Visa and Allium Labs: less than 10% of stablecoin transactions are “organic payments activity”, which excludes activities from bots and large-scale traders (Emily Nicolle/Bloomberg)
Emily Nicolle / Bloomberg:
Visa and Allium Labs: less than 10% of stablecoin transactions are “organic payments activity”, which excludes activities from bots and large-scale traders — – Less than 10% of stablecoin transactions are “organic:” Visa — PayPal, Stripe are among fintechs expanding in stablecoins
Biden administration announces plans to invest $285M, from the CHIPS Act fund, in efforts to improve semiconductor manufacturing by using digital twins (Anthony Ha/TechCrunch)
Anthony Ha / TechCrunch:
Biden administration announces plans to invest $285M, from the CHIPS Act fund, in efforts to improve semiconductor manufacturing by using digital twins — President Joe Biden’s administration is looking to fund efforts that improve semiconductor manufacturing by using digital twins.
Paris-based Stonal, which offers a data management platform for real estate owners and investors in Europe and launched StonalGPT earlier in 2024, raised €100M (Cate Lawrence/Tech.eu)
Cate Lawrence / Tech.eu:
Paris-based Stonal, which offers a data management platform for real estate owners and investors in Europe and launched StonalGPT earlier in 2024, raised €100M — In early 2024, Stonal launched its proprietary StonalGPT, the first generative AI solution designed for real estate owners and investors,
Interviews with finance experts and young adults suggest TikTok videos about the economy and consumerism are creating a distorted view of financial well-being (Wall Street Journal)
Wall Street Journal:
Interviews with finance experts and young adults suggest TikTok videos about the economy and consumerism are creating a distorted view of financial well-being — Endless videos about the economy and consumerism are giving 20-somethings a case of ‘money dysmorphia’ — Americans under 30 get much of their news on TikTok.
