Monthly Archives: November 2021

Charlie Osborne / ZDNet: Qualcomm says it will integrate Google’s Vertex AI NAS into its Neural Processing SDK, starting with Snapdragon 8 Gen 1, to automate the creation of AI models  —  The tech giants will collaborate on neural networking to speed up and optimize AI models.  —  KONA, HAWAII: […]

Matt Levine / Bloomberg: As the “omicron” crypto token soars in value following news of the COVID variant, it is yet another example of how cryptocurrencies create artificial scarcity  —  Also ghost kitchens, call spreads and RugSeekers.  —  Omicron  —  The basic innovation of crypto is the production of artificial […]

Manish Singh / TechCrunch: Simpl, a Bangalore-based buy now, pay later service, raises a $40M Series B led by Valar Ventures and IA Ventures, bringing its total funding to $83M  —  Bangalore-based fintech startup Simpl has raised $40 million as it looks to expand its online buy now, pay later […]

Kevin Roose / New York Times: Jack Dorsey joins other tech leaders who seem to have grown tired of managing their platforms, amid increasing political controversy and hard-to-fix problems  —  Jack Dorsey, who is stepping down after six years as Twitter’s chief executive, is one of the tech leaders who […]

Kate Park / TechCrunch: PeopleFund, a South Korea-based P2P lending service, raises a $63.4M Series C led by Bain Capital, as it looks to beef up its ML-powered credit scoring system  —  South Korea-based peer-to-peer (P2P) lending platform PeopleFund announced today it has closed a $63.4 million (75.9 billion won) […]

Turner Wright / Cointelegraph: The NY Federal Reserve launches an innovation center to support the agency’s analysis of digital currencies, including CBDCs, and improve cross-border payments  —  Jerome Powell cited CBDCs and digital assets in his speech to open the New York Innovation Center at the Federal Reserve’s local offices.

Forbes: Sources: Kedar Deshpande is stepping down as CEO of Zappos, a year after replacing Tony Hsieh; Scott Schaefer, VP of finance, to take over as interim CEO  —  Kedar Deshpande is stepping down as chief executive of online shoe retailer Zappos, a year after replacing Tony Hsieh, the company’s […]

Nicolas Parasie / Bloomberg: Dubai-based iMile, which offers cross-border e-commerce logistics services for emerging markets, raises a $40M Series A at a $350M valuation  —  TikTok parent ByteDance Ltd. has invested in Dubai-based iMile Delivery LLC as part of the first major fundraising by the courier startup …

Jamie Feltham / UploadVR: Oculus rolls out v35, adding a mixed reality camera feature that requires an iPhone XS or above, Messenger Calling in VR, a new cloud backup system, and more  —  An upcoming update to the Oculus Quest and Meta Quest 2 will add mixed reality capture via […]

Frank Chaparro / The Block: Bitcoin mining firm Griid says it will go public via a SPAC in Q1 2022 at a valuation of around $3.3B, including debt  —  Bitcoin mining firm Griid is preparing to become the latest company in the crypto market to go public, the Ohio-based firm […]