Smartphone shipments in India grew 8% in Q1, 2024; Vivo leads for the first time with 19.2% of market share, followed by Xiaomi with 18.8%, and Samsung 17.5% (Counterpoint Research)

Counterpoint Research: Smartphone shipments in India grew 8% in Q1, 2024; Vivo leads for the first time with 19.2% of market share, followed by Xiaomi with 18.8%, and Samsung 17.5%  —  – For the first time ever, vivo led the market by volume in a single quarter.  — Samsung led the market by value after […]

An account of chatting with 18 AI companions for a month: AI friendship is hollow, but chatbots could enhance human socializing if developed responsibly (Kevin Roose/New York Times)

Kevin Roose / New York Times: An account of chatting with 18 AI companions for a month: AI friendship is hollow, but chatbots could enhance human socializing if developed responsibly  —  Our columnist spent the past month hanging out with 18 A.I. companions.  They critiqued his clothes, chatted among themselves and hinted at a very […]

Bankrupt crypto lender BlockFi announces plans to shut down its web platform by May and partners with Coinbase to allow clients to access and withdraw funds (Amaka Nwaokocha/Cointelegraph)

Amaka Nwaokocha / Cointelegraph: Bankrupt crypto lender BlockFi announces plans to shut down its web platform by May and partners with Coinbase to allow clients to access and withdraw funds  —  The plan administrator will continue to use Coinbase for upcoming distribution rounds, potentially involving recovered funds from FTX.

A better way to control shape-shifting soft robots

Imagine a slime-like robot that can seamlessly change its shape to squeeze through narrow spaces, which could be deployed inside the human body to remove an unwanted item. While such a robot does not yet exist outside a laboratory, researchers are working to develop reconfigurable soft robots for applications in health care, wearable devices, and […]

From steel engineering to ovarian tumor research

Ashutosh Kumar is a classically trained materials engineer. Having grown up with a passion for making things, he has explored steel design and studied stress fractures in alloys. Throughout Kumar’s education, however, he was also drawn to biology and medicine. When he was accepted into an undergraduate metallurgical engineering and materials science program at Indian […]

Microsoft plans to launch its mobile game store in July on the web, first with its own games including Candy Crush Saga, and later open it to other publishers (Bloomberg)

Bloomberg: Microsoft plans to launch its mobile game store in July on the web, first with its own games including Candy Crush Saga, and later open it to other publishers  —  The browser-based store will debut with Microsoft’s own games, offering discounts on in-game items associated with titles like Candy Crush Saga.

Unity reports Q1 revenue down 8% YoY to $460M, vs. $433M est., a $291M net loss, including $212M of restructuring costs, compared with a $254M loss in Q1 2023 (Emily Bary/MarketWatch)

Emily Bary / MarketWatch: Unity reports Q1 revenue down 8% YoY to $460M, vs. $433M est., a $291M net loss, including $212M of restructuring costs, compared with a $254M loss in Q1 2023  —  Matt Bromberg, previously Zynga’s chief operating officer, will take over as Unity’s CEO later in May

Instant payment company TabaPay pulls out of its $9.7M deal to buy the assets of banking-as-a-service startup Synapse amid infighting among fintech players (Mary Ann Azevedo/TechCrunch)

Mary Ann Azevedo / TechCrunch: Instant payment company TabaPay pulls out of its $9.7M deal to buy the assets of banking-as-a-service startup Synapse amid infighting among fintech players  —  TabaPay has abandoned its plans to purchase the assets of troubled banking-as-a-service startup Synapse, TabaPay confirmed to TechCrunch today.

MIT Supply Chain Management Program earns top honors in three 2024 rankings

MIT’s Supply Chain Management (SCM) Master’s Program, housed within the MIT Center for Transportation and Logistics (CTL) at the Institute’s School of Engineering, has been named top master’s program for supply chain management for 2024 by three leading global rankings institutions: QS World University Rankings, Eduniversal, and Supply Chain Digital. QS World University Rankings, recognized […]

An interview with Sundar Pichai on playing the long game on AI, how Gemini image generation “got it wrong”, AI search, the US DOJ lawsuits, layoffs, and more (Emily Chang/Bloomberg)

Emily Chang / Bloomberg: An interview with Sundar Pichai on playing the long game on AI, how Gemini image generation “got it wrong”, AI search, the US DOJ lawsuits, layoffs, and more  —  In this episode of The Circuit with Emily Chang, the Alphabet CEO explains how he’s in it for the long haul—and won’t […]

Sources: Alphabet has been progressing in talks to acquire marketing software provider HubSpot and has discussed terms; HubSpot has a $30B market cap (Bloomberg)

Bloomberg: Sources: Alphabet has been progressing in talks to acquire marketing software provider HubSpot and has discussed terms; HubSpot has a $30B market cap  —  Google parent Alphabet Inc. has been progressing in talks to acquire marketing software provider HubSpot Inc., according to people familiar with the matter.

Sources: French AI startup Mistral AI is nearing a deal to raise ~$600M at a $6B valuation, after raising $500M at a $2B+ valuation in December 2023 (Wall Street Journal)

Wall Street Journal: Sources: French AI startup Mistral AI is nearing a deal to raise ~$600M at a $6B valuation, after raising $500M at a $2B+ valuation in December 2023  —  Mistral AI is nearing a deal to raise funds at a $6 billion valuation—nearly tripling its level from six months ago.

Disney and WBD announce a streaming bundle of Disney+, Hulu, and Max, with ad-supported and ad-free plans, beginning this summer in the US, with pricing to come (Dade Hayes/Deadline)

Dade Hayes / Deadline: Disney and WBD announce a streaming bundle of Disney+, Hulu, and Max, with ad-supported and ad-free plans, beginning this summer in the US, with pricing to come  —  Disney and Warner Bros. Discovery are breaking ground in streaming with a bundled offering featuring Disney+, Hulu and Max in a single package.

Some Stack Overflow users say their account was suspended after they attempted to alter their posts in protest of its OpenAI partnership to supply data for AI (Dallin Grimm/Tom’s Hardware)

Dallin Grimm / Tom’s Hardware: Some Stack Overflow users say their account was suspended after they attempted to alter their posts in protest of its OpenAI partnership to supply data for AI  —  Stack Overflow is overflowing with salt.  —  Stack Overflow, a legendary internet forum for programmers and developers …

US hospital operator Ascension reports disruptions to its clinical operations due to a suspected cybersecurity incident and engages Mandiant to help investigate (Pratik Jain/Reuters)

Pratik Jain / Reuters: US hospital operator Ascension reports disruptions to its clinical operations due to a suspected cybersecurity incident and engages Mandiant to help investigate  —  Hospital operator Ascension reported disruptions to its clinical operations on Wednesday due to a suspected cybersecurity incident …

Shopify reports Q1 revenue up 23% YoY to $1.9B, GMV up 23% YoY to $60.9B, and expects gross margins to drop by ~50 basis points YoY in Q2; SHOP plummets 18%+ (Spencer Soper/Bloomberg)

Spencer Soper / Bloomberg: Shopify reports Q1 revenue up 23% YoY to $1.9B, GMV up 23% YoY to $60.9B, and expects gross margins to drop by ~50 basis points YoY in Q2; SHOP plummets 18%+  —  The company posted a loss of $273 million, after a profit of $68 million a year earlier.  The loss […]

Data collaboration software maker Atlan raised a $105M Series C led by Singapore’s GIC and Meritech at a $750M valuation, taking its total funding to $206M (Manya Saini/Reuters)

Manya Saini / Reuters: Data collaboration software maker Atlan raised a $105M Series C led by Singapore’s GIC and Meritech at a $750M valuation, taking its total funding to $206M  —  Atlan said on Wednesday it had raised $105 million in a funding round led by Singapore’s sovereign wealth fund GIC …

Chinese government data: foreign-branded smartphones shipments, most of which are iPhones, grew 12% YoY to 3.75M in March, reversing a 37% drop in early 2024 (Bloomberg)

Bloomberg: Chinese government data: foreign-branded smartphones shipments, most of which are iPhones, grew 12% YoY to 3.75M in March, reversing a 37% drop in early 2024  —  – The performance marks an improvement from the start of 2024  — The bounce emerged after Apple and its resellers cut prices

The US revokes some licenses that allow companies to ship chips and other goods to Huawei; sources say the decision affects Intel and Qualcomm (Demetri Sevastopulo/Financial Times)

Demetri Sevastopulo / Financial Times: The US revokes some licenses that allow companies to ship chips and other goods to Huawei; sources say the decision affects Intel and Qualcomm  —  Move marks latest effort by Biden administration to target the country’s tech sector  —  The Biden administration has revoked export licences …

IBM open sources its Granite code models for code generative tasks, trained on 116 programming languages, with models ranging in size from 3B to 34B parameters (Mike Murphy/IBM Research)

Mike Murphy / IBM Research: IBM open sources its Granite code models for code generative tasks, trained on 116 programming languages, with models ranging in size from 3B to 34B parameters  —  Release  —  IBM is releasing a family of Granite code models to the open-source community.  The aim is to make coding as easy […]