Financial Times:
How GPS warfare is affecting civilian populations; an analysis finds ~40M people lived in areas with unreliable GPS for at least half of the past six months — Military activity blamed for surge in jamming and spoofing incidents affecting smartphones, planes and ships
US farmers had to halt their planting operations after the solar storm broke critical GPS and precision farming functionality in tractors and other equipment (Jason Koebler/404 Media)
Jason Koebler / 404 Media:
US farmers had to halt their planting operations after the solar storm broke critical GPS and precision farming functionality in tractors and other equipment — The accuracy of some critical GPS navigation systems used in modern farming have been “extremely compromised,” a John Deere dealership told customers Saturday.
SoftBank reports a $4.6B gain on its Vision Fund in the fiscal year to March 2024, the first gain since 2021, after ByteDance and DoorDash rose in value (Arjun Kharpal/CNBC)
Arjun Kharpal / CNBC:
SoftBank reports a $4.6B gain on its Vision Fund in the fiscal year to March 2024, the first gain since 2021, after ByteDance and DoorDash rose in value — SoftBank posted a 724.3 billion Japanese yen ($4.6 billion) gain on its Vision Fund in the fiscal year ended March …
The US, the EU, and other superpowers have funneled nearly $81B towards supporting chip companies, the first wave of ~$380B earmarked by global governments (Bloomberg)
Bloomberg:
The US, the EU, and other superpowers have funneled nearly $81B towards supporting chip companies, the first wave of ~$380B earmarked by global governments — US and allies vie with China for superconductor supremacy, powered by wave of domestic investment
Sources: the EU is set to issue new antitrust charges against Microsoft over concerns over undermining Teams competitors, despite Microsoft offering concessions (Javier Espinoza/Financial Times)
Javier Espinoza / Financial Times:
Sources: the EU is set to issue new antitrust charges against Microsoft over concerns over undermining Teams competitors, despite Microsoft offering concessions — Tech group’s effort to avoid action by unbundling videoconferencing app from its other software appears to have failed
A look at the growing number of startups offering AI deepfake detection services, with some claiming startling levels of accuracy despite untested capabilities (Washington Post)
Washington Post:
A look at the growing number of startups offering AI deepfake detection services, with some claiming startling levels of accuracy despite untested capabilities — A surge of companies now claim to offer hyper-accurate detection services, but their capabilities are largely untested.
As VC firms pivot to investing in startups developing defense tech for the US and its allies, some of their business ties with China still linger (Heather Somerville/Wall Street Journal)
Heather Somerville / Wall Street Journal:
As VC firms pivot to investing in startups developing defense tech for the US and its allies, some of their business ties with China still linger — Investors with connections to China are backing startups developing tech that the U.S. wants to counter Beijing
Brad Smith says Microsoft will invest €4B in France, much of the investment would focus on AI, and Microsoft would set up a data center in Mulhouse, France (Sudip Kar-Gupta/Reuters)
Sudip Kar-Gupta / Reuters:
Brad Smith says Microsoft will invest €4B in France, much of the investment would focus on AI, and Microsoft would set up a data center in Mulhouse, France — Technology and software giant Microsoft (MSFT.O) will invest 4 billion euros ($4.3 billion) in France as part …
Sources: Shein steps up preparations for a London listing amid regulatory hurdles for a New York IPO; source: Shein plans to file in London as soon as May (Reuters)
Reuters:
Sources: Shein steps up preparations for a London listing amid regulatory hurdles for a New York IPO; source: Shein plans to file in London as soon as May — Fast-fashion giant Shein is stepping up preparations for a London listing after its attempt to float itself in New York faced regulatory hurdles …
A look at 01.AI, which is launching Wanzhi, a free generative AI assistant focused on the Chinese market; CEO Kai-Fu Lee says 01.AI is nearing profitability (Saritha Rai/Bloomberg)
Saritha Rai / Bloomberg:
A look at 01.AI, which is launching Wanzhi, a free generative AI assistant focused on the Chinese market; CEO Kai-Fu Lee says 01.AI is nearing profitability — – His startup 01.AI is introducing its first consumer AI app — China needs a catalyst in the same way ChatGPT fueled the US
