Category Archives: Tech News

Quant trading firm XTX, managing $250B+ in daily trades, plans to invest €1B+ on five data centers in Finland to support its growing use of machine learning (Bloomberg)

Bloomberg: Quant trading firm XTX, managing $250B+ in daily trades, plans to invest €1B+ on [...]

22
Jan
Card game Marvel Snap, published by ByteDance-owned Nuverse, is back online in the US and plans to "partner with a new publisher" to prevent future bans (Jay Peters/The Verge)

Jay Peters / The Verge: Card game Marvel Snap, published by ByteDance-owned Nuverse, is back [...]

21
Jan
A profile of Sulinna Ong, Spotify's head of editorial, whose team curates thousands of playlists and discovers new artists to complement Spotify's algorithms (Anne Steele/Wall Street Journal)

Anne Steele / Wall Street Journal: A profile of Sulinna Ong, Spotify’s head of editorial, [...]

20
Jan
The messy TikTok saga in the US over the past five years has shown that lawmakers are as spineless and skittish as everyone suspects them to be (Nitish Pahwa/Slate)

Nitish Pahwa / Slate: The messy TikTok saga in the US over the past five [...]

19
Jan
Donald Trump is promoting a Solana memecoin called TRUMP from his social media accounts, with 200M $TRUMP available now and growing to 1B "over three years" (Andrew Hayward/Decrypt)

Andrew Hayward / Decrypt: Donald Trump is promoting a Solana memecoin called TRUMP from his [...]

18
Jan
A survey of US teens aged 13-17 found 26% used ChatGPT for schoolwork in 2024, up from 13% in 2023, while 79% had heard of it, up from 67% in 2023 (Pew Research Center)

Pew Research Center: A survey of US teens aged 13-17 found 26% used ChatGPT for [...]

17
Jan
Sources: TikTok CEO Shou Chew plans to attend Trump's inauguration after being invited to sit on the dais, joining Mark Zuckerberg and Elon Musk at the event (New York Times)

New York Times: Sources: TikTok CEO Shou Chew plans to attend Trump’s inauguration after being [...]

16
Jan
Analysis: the ten leading chip companies cut their fiscal 2024 capex by a combined $9.5B from initial plans due to a weakening demand for smartphones and EVs (Nikkei Asia)

Nikkei Asia: Analysis: the ten leading chip companies cut their fiscal 2024 capex by a [...]

15
Jan
Sygnum, a Switzerland and Singapore-based digital asset bank and crypto trading platform, raised $58M led by Fulgur Ventures at a $1B valuation (Niket Nishant/Reuters)

Niket Nishant / Reuters: Sygnum, a Switzerland and Singapore-based digital asset bank and crypto trading [...]

14
Jan
Global smartphone shipments grew 4% YoY in 2024 after a decade-low in 2023; top two brands, Samsung and Apple, were mostly flat, while Xiaomi grew 12% YoY (Counterpoint Research)

Counterpoint Research: Global smartphone shipments grew 4% YoY in 2024 after a decade-low in 2023; [...]

13
Jan