Reading List
The most recent articles from a list of feeds I subscribe to.
Memo: TikTok CEO Shou Chew hailed the establishment of the TikTok USDS JV as "great news", and said the app is used by 200M US users and 7.5M US businesses (Dan Whateley/Business Insider)
Dan Whateley / Business Insider:
Memo: TikTok CEO Shou Chew hailed the establishment of the TikTok USDS JV as “great news”, and said the app is used by 200M US users and 7.5M US businesses — - TikTok has finalized a deal to keep its business operating in the US. — The deal, a US joint venture …
Intel's stock, riding high for months after the US government took a 10% stake, crashed 17% on Jan. 23, after the company flagged continued operational issues (Wall Street Journal)
Wall Street Journal:
Intel's stock, riding high for months after the US government took a 10% stake, crashed 17% on Jan. 23, after the company flagged continued operational issues — After months of riding positive vibes, the troubled chip maker reminded investors why it needed a rescue in the first place
Sources: Grab's planned acquisition of GoTo has hit a snag over Indonesian carrier Telkomsel's unwillingness to sell its ~2% stake in GoTo at current valuations (Bloomberg)
Bloomberg:
Sources: Grab's planned acquisition of GoTo has hit a snag over Indonesian carrier Telkomsel's unwillingness to sell its ~2% stake in GoTo at current valuations — Grab Holdings Ltd.'s planned multibillion-dollar acquisition of GoTo Group has hit a stumbling block.
Google acquires Common Sense Machines, which offers AI models that create 3D assets from 2D images; the startup was founded in 2020 and last valued at $15M (The Information)
The Information:
Google acquires Common Sense Machines, which offers AI models that create 3D assets from 2D images; the startup was founded in 2020 and last valued at $15M — Google has acquired Common Sense Machines, a Cambridge, Mass.,-based startup developing generative artificial intelligence models …