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This week we learned the Japanese investment firm Softbank sold all of its stake in the juggernaut chipmaker Nvidia. We'll get into why on today's “Marketplace Tech Bytes: Week in Review.” Plus, Apple is reportedly pushing back the release of its thinnest iPhone, the Air, and Wikipedia is asking AI companies, once again, to pay for scraping its data.But first, back to that big move by Softbank and its CEO, Masayoshi Son. It cashed out its stake in Nvidia in October, the same month that the chipmaker hit a $5 trillion valuation. The $5.8 billion it netted will be redirected to OpenAI, part of a promised $30 billion to be invested in the maker of ChatGPT.Marketplace's Meghan McCarty Carino spoke with Anita Ramaswamy, columnist at The Information, about what all this means.SoftBank Sells Its Nvidia Stake for $5.8 Billion to Fund OpenAI Bet - The Wall Street JournalSoftBank sells its entire stake in Nvidia for $5.83 billion - CNBCApple Delays Release of Next iPhone Air Amid Weak Sales - The InformationiPhone Air Sales Are So Bad That Apple's Delaying the Next-Generation Version - MacRumorsWikipedia urges AI companies to use its paid API, and stop scraping - TechCrunchIn the AI era, Wikipedia has never been more valuable - the Wikimedia Foundation
This week we learned the Japanese investment firm Softbank sold all of its stake in the juggernaut chipmaker Nvidia. We'll get into why on today's “Marketplace Tech Bytes: Week in Review.” Plus, Apple is reportedly pushing back the release of its thinnest iPhone, the Air, and Wikipedia is asking AI companies, once again, to pay for scraping its data.But first, back to that big move by Softbank and its CEO, Masayoshi Son. It cashed out its stake in Nvidia in October, the same month that the chipmaker hit a $5 trillion valuation. The $5.8 billion it netted will be redirected to OpenAI, part of a promised $30 billion to be invested in the maker of ChatGPT.Marketplace's Meghan McCarty Carino spoke with Anita Ramaswamy, columnist at The Information, about what all this means.SoftBank Sells Its Nvidia Stake for $5.8 Billion to Fund OpenAI Bet - The Wall Street JournalSoftBank sells its entire stake in Nvidia for $5.83 billion - CNBCApple Delays Release of Next iPhone Air Amid Weak Sales - The InformationiPhone Air Sales Are So Bad That Apple's Delaying the Next-Generation Version - MacRumorsWikipedia urges AI companies to use its paid API, and stop scraping - TechCrunchIn the AI era, Wikipedia has never been more valuable - the Wikimedia Foundation
The Information's Anita Ramaswamy talks with TITV Host Akash Pasricha about Lyft's surprising stock performance and its strategy in the autonomous vehicle space. We also talk with Jeff Hollan about Snowflake Intelligence, a new group of AI agents, and how the company differentiates itself in the crowded enterprise software market. Loop Global CEO Olga Shevorenkova discusses the state of EV charging infrastructure in the US, the impact of high interest rates on adoption, and her 10-year view of the market. Lastly, we get into robotics valuations and data infrastructure for physical AI with The Information's Rocket Drew and Foxglove CEO Adrian Macneil, after the company announced a $40M funding round.Articles discussed on this episode:https://www.theinformation.com/articles/lyft-investors-enjoying-rideTITV airs on YouTube, X and LinkedIn at 10AM PT / 1PM ET. Or check us out wherever you get your podcasts.Subscribe to: - The Information on YouTube: https://www.youtube.com/@theinformation- The Information: https://www.theinformation.com/subscribe_hSign up for the AI Agenda newsletter: https://www.theinformation.com/features/ai-agenda
Otherside AI CEO Matt Shumer and The Information's AI Reporter Stephanie Palazzolo talk with TITV Host Akash Pasricha about OpenAI's developer day and its plans to become a “super app.” We also talk with The Information's Anissa Gardizy and Anita Ramaswamy about the new reporting on Oracle's razor-thin cloud margins. Runway CEO Cristobal Valenzuela joins to discuss AI copyright, and The Information's Theo Wayt talks about the challenges facing Tesla's Optimus robot. Lastly, we get into WHOOP's new blood test product with Head of Healthcare Product Alex Vannoni.Articles discussed on this episode:https://www.theinformation.com/articles/ai-creates-art-need-rethink-copyright-protects-artistshttps://www.theinformation.com/articles/internal-oracle-data-show-financial-challenge-renting-nvidia-chipshttps://www.theinformation.com/articles/how-whoop-made-its-wearables-a-hit-among-athletes-and-survived-a-race-against-the-apple-watchhttps://www.theinformation.com/articles/elon-musk-preps-teslas-optimus-prime-time-big-hurdles-remainTITV airs on YouTube, X and LinkedIn at 10AM PT / 1PM ET. Or check us out wherever you get your podcasts.Subscribe to: - The Information on YouTube: https://www.youtube.com/@theinformation4080/?sub_confirmation=1- The Information: https://www.theinformation.com/subscribe_hSign up for the AI Agenda newsletter: https://www.theinformation.com/features/ai-agenda
Forerunner Ventures' Kirsten Green talks with TITV Host Akash Pasricha about the future of AI in consumer tech and The Information's Anita Ramaswamy discusses the risks inherent in Oracle's recent debt offering. We also talk with Sword Health's ‘V' Bento about building an AI healthcare platform and Asana's Anne Raimondi about the company's new AI agents.Articles discussed on this episode:https://www.theinformation.com/articles/magical-thinking-behind-oracles-valuationTITV airs on YouTube, X and LinkedIn at 10AM PT / 1PM ET. Or check us out wherever you get your podcasts.Subscribe to: - The Information on YouTube: https://www.youtube.com/@theinformation4080/?sub_confirmation=1- The Information: https://www.theinformation.com/subscribe_hSign up for the AI Agenda newsletter: https://www.theinformation.com/features/ai-agenda
Anita Ramaswamy, columnist at The Information, joins Marketplace's Nova Safo to break down all of these headlines. This episode was produced by Jesús Alvarado.
Anita Ramaswamy, columnist at The Information, joins Marketplace's Nova Safo to break down all of these headlines. This episode was produced by Jesús Alvarado.
Lux Capital's Josh Wolfe talks with TITV Host Jessica Lessin about venture capital's future and the “poachapalooza” for AI talent. We also talk with The Information's Kaya Yurieff about Snap's risky AR glasses gamble and our reporter Stephanie Palazzolo about how OpenAI is relying on Google search data. Finally, we get into software earnings with KeyBank's Jackson Ader and The Information's Anita Ramaswamy.Articles discussed on this episode:• https://www.theinformation.com/articles/struggling-snap-considers-outside-funding-ar-glasses• https://www.theinformation.com/articles/openai-challenging-google-using-search-data• https://www.theinformation.com/articles/funny-math-behind-key-software-metric TITV airs on YouTube, X and LinkedIn at 10AM PT / 1PM ET. Or check us out wherever you get your podcasts.Subscribe to The Information: https://www.theinformation.com/subscribe_hSign up for the AI Agenda newsletter: https://www.theinformation.com/features/ai-agenda
Uber CEO Dara Khosrowshahi with Jessica Lessin about their autonomous future. We also talk with Sasha Kaletsky about Snap earnings and Adrian Aoun about OpenAI's new model. We get into AI coding startup valuations with The Information's Reporter, Anita Ramaswamy.Articles discussed on this episode: https://www.theinformation.com/articles/ai-coding-startups-like-cursor-gotten-richhttps://www.theinformation.com/articles/runway-luma-talks-multibillion-dollar-fundraises-revenue-pickshttps://www.theinformation.com/articles/snaps-earnings-show-stalled-business TITV airs on YouTube, X and LinkedIn at 10AM PT / 1PM ET. Or check us out wherever you get your podcasts.
Today's episode features Box CEO Aaron Levie, who discusses how AI is transforming enterprise software and whether it's a threat or an opportunity. We also analyze Figma's highly anticipated IPO valuation with our financial columnist Anita Ramaswamy, discussing its impressive growth and the impact of AI. Finally, cybersecurity and enterprise tech reporter Aaron Holmes unpacks the recent Microsoft SharePoint hack, its implications for government and businesses, and the ongoing cybersecurity challenges for Microsoft, including how CEO Satya Nadella's pay is now linked to security improvements.Articles discussed on this episode: Figma's IPO May Be Hot, but Its Outlook Is MurkyFigma Sets Tentative IPO Pricing RangeHackers Exploit Microsoft Flaw in File-Sharing Software
This week on Marketplace Tech Bytes: Week in Review, leaders of tech, energy and private equity promised to invest more than $90 billion to build an AI hub Pennsylvania. Plus, the Trump Administration says chipmaker Nvidia can sell its semiconductors to China again, following a brief ban. But first, Crypto Week wraps up on Capitol Hill. Congress advanced a trio of cryptocurrency bills that could pave the way for more adoption and regulation of digital currencies like bitcoin.Marketplace's Meghan McCarty Carino spoke with Anita Ramaswamy, columnist at the Information, about the details of those three bills.
This week on Marketplace Tech Bytes: Week in Review, leaders of tech, energy and private equity promised to invest more than $90 billion to build an AI hub Pennsylvania. Plus, the Trump Administration says chipmaker Nvidia can sell its semiconductors to China again, following a brief ban. But first, Crypto Week wraps up on Capitol Hill. Congress advanced a trio of cryptocurrency bills that could pave the way for more adoption and regulation of digital currencies like bitcoin.Marketplace's Meghan McCarty Carino spoke with Anita Ramaswamy, columnist at the Information, about the details of those three bills.
Today on “Marketplace Tech Bytes: Week in Review,” we're looking at Apple's latest software and operating system updates. Also, there's a tentative labor deal between video game actors and studios. And we'll remember legendary Apple software engineer Bill Atkinson, who died at the age of 74. We begin with Apple's annual Worldwide Developers Conference which came and went this week with some mixed reactions. Marketplace's Nova Safo spoke with Anita Ramaswamy, Columnist for The Information, to get her take on this year's WWDC. Tech Bytes for June 13More on everything we talked about“Apple fails to clear a low bar on AI” - from The Wall Street Journal“Apple underwhelms at WWDC with incremental AI changes, new software name and ‘liquid glass' design” - from The Associated Press”Video game performers on strike for almost a year over AI issues reach a tentative deal” - from The Associated Press“Videogame voice actors strike 'suspended' following agreement with game companies: 'All SAG-AFTRA members are instructed to return to work'” - from PC Gamer“Bill Atkinson, Macintosh Pioneer and Inventor of Hypercard, Dies at 74” - from WIRED“Bill Atkinson, who made computers easier to use, is dead at 74” - from The New York Times
Today on “Marketplace Tech Bytes: Week in Review,” we're looking at Apple's latest software and operating system updates. Also, there's a tentative labor deal between video game actors and studios. And we'll remember legendary Apple software engineer Bill Atkinson, who died at the age of 74. We begin with Apple's annual Worldwide Developers Conference which came and went this week with some mixed reactions. Marketplace's Nova Safo spoke with Anita Ramaswamy, Columnist for The Information, to get her take on this year's WWDC. Tech Bytes for June 13More on everything we talked about“Apple fails to clear a low bar on AI” - from The Wall Street Journal“Apple underwhelms at WWDC with incremental AI changes, new software name and ‘liquid glass' design” - from The Associated Press”Video game performers on strike for almost a year over AI issues reach a tentative deal” - from The Associated Press“Videogame voice actors strike 'suspended' following agreement with game companies: 'All SAG-AFTRA members are instructed to return to work'” - from PC Gamer“Bill Atkinson, Macintosh Pioneer and Inventor of Hypercard, Dies at 74” - from WIRED“Bill Atkinson, who made computers easier to use, is dead at 74” - from The New York Times
NVIDIA gets caught up in the trade war, the titans of Twitter/X debate intellectual property law — and the Federal Trade Commission's antitrust case against Meta kicks off in court.We're digging into all of it on today's Tech Bytes: Week in Review. Marketplace's Meghan McCarty Carino speaks with Anita Ramaswamy, columnist at The Information, about what we learned in week one of Meta's monopoly trial.
NVIDIA gets caught up in the trade war, the titans of Twitter/X debate intellectual property law — and the Federal Trade Commission's antitrust case against Meta kicks off in court.We're digging into all of it on today's Tech Bytes: Week in Review. Marketplace's Meghan McCarty Carino speaks with Anita Ramaswamy, columnist at The Information, about what we learned in week one of Meta's monopoly trial.
In this week’s “Tech Bytes: Week in Review,” chip powerhouse Nvidia saw its revenue soar last quarter, showing that the AI boom is still booming. Plus, it was a bumpy week for bitcoin after the crypto exchange Bybit lost almost $1.5 billion of digital assets in a hack. But first, Apple announced it’s spending $500 billion to expand manufacturing and create jobs in the U.S. Marketplace’s Stephanie Hughes spoke with Anita Ramaswamy, columnist at The Information, about what the investment could do for American tech manufacturing and more.
In this week’s “Tech Bytes: Week in Review,” chip powerhouse Nvidia saw its revenue soar last quarter, showing that the AI boom is still booming. Plus, it was a bumpy week for bitcoin after the crypto exchange Bybit lost almost $1.5 billion of digital assets in a hack. But first, Apple announced it’s spending $500 billion to expand manufacturing and create jobs in the U.S. Marketplace’s Stephanie Hughes spoke with Anita Ramaswamy, columnist at The Information, about what the investment could do for American tech manufacturing and more.
There’s been quite a firehose of news this week, but we’re going to distill some of it into a nice, tall glass for you on today’s Marketplace “Tech Bytes: Week in Review.” We’ll dig into why some crypto insiders are upset with President Donald Trump over his preinaugural meme coins. Plus, the latest in the TikTok ban rollback and how Congress might respond. But first, amid the flurry of executive orders the president signed during his first week in office, he announced the Stargate project, a private, multiparty venture to build domestic artificial intelligence data centers. In attendance at the White House were OpenAI CEO Sam Altman, Oracle co-founder Larry Ellison and SoftBank CEO Masayoshi Son. The investment could be as much as $500 billion. Marketplace's Meghan McCarty Carino spoke to Anita Ramaswamy, columnist at The Information, for her take on these stories.
There’s been quite a firehose of news this week, but we’re going to distill some of it into a nice, tall glass for you on today’s Marketplace “Tech Bytes: Week in Review.” We’ll dig into why some crypto insiders are upset with President Donald Trump over his preinaugural meme coins. Plus, the latest in the TikTok ban rollback and how Congress might respond. But first, amid the flurry of executive orders the president signed during his first week in office, he announced the Stargate project, a private, multiparty venture to build domestic artificial intelligence data centers. In attendance at the White House were OpenAI CEO Sam Altman, Oracle co-founder Larry Ellison and SoftBank CEO Masayoshi Son. The investment could be as much as $500 billion. Marketplace's Meghan McCarty Carino spoke to Anita Ramaswamy, columnist at The Information, for her take on these stories.
There’s been quite a firehose of news this week, but we’re going to distill some of it into a nice, tall glass for you on today’s Marketplace “Tech Bytes: Week in Review.” We’ll dig into why some crypto insiders are upset with President Donald Trump over his preinaugural meme coins. Plus, the latest in the TikTok ban rollback and how Congress might respond. But first, amid the flurry of executive orders the president signed during his first week in office, he announced the Stargate project, a private, multiparty venture to build domestic artificial intelligence data centers. In attendance at the White House were OpenAI CEO Sam Altman, Oracle co-founder Larry Ellison and SoftBank CEO Masayoshi Son. The investment could be as much as $500 billion. Marketplace's Meghan McCarty Carino spoke to Anita Ramaswamy, columnist at The Information, for her take on these stories.
There’s been quite a firehose of news this week, but we’re going to distill some of it into a nice, tall glass for you on today’s Marketplace “Tech Bytes: Week in Review.” We’ll dig into why some crypto insiders are upset with President Donald Trump over his preinaugural meme coins. Plus, the latest in the TikTok ban rollback and how Congress might respond. But first, amid the flurry of executive orders the president signed during his first week in office, he announced the Stargate project, a private, multiparty venture to build domestic artificial intelligence data centers. In attendance at the White House were OpenAI CEO Sam Altman, Oracle co-founder Larry Ellison and SoftBank CEO Masayoshi Son. The investment could be as much as $500 billion. Marketplace's Meghan McCarty Carino spoke to Anita Ramaswamy, columnist at The Information, for her take on these stories.
It’s been almost eight months since Reddit went public, and since then, the platform known as the front page of the internet has been going gangbusters. We’ll get into why on this week’s “Marketplace Tech Bytes: Week in Review.” Plus, crypto surges to new highs in the wake of the election. But first up, Silicon Valley is going to Washington. This week, President-elect Donald Trump tapped his favorite tech CEO, Elon Musk, as the co-lead of a new Department of Government Efficiency along with Vivek Ramaswamy, the former biotech entrepreneur and GOP presidential candidate. Marketplace's Meghan McCarty Carino spoke to Anita Ramaswamy, financial analysis columnist at The Information, for her take on these stories.
It’s been almost eight months since Reddit went public, and since then, the platform known as the front page of the internet has been going gangbusters. We’ll get into why on this week’s “Marketplace Tech Bytes: Week in Review.” Plus, crypto surges to new highs in the wake of the election. But first up, Silicon Valley is going to Washington. This week, President-elect Donald Trump tapped his favorite tech CEO, Elon Musk, as the co-lead of a new Department of Government Efficiency along with Vivek Ramaswamy, the former biotech entrepreneur and GOP presidential candidate. Marketplace's Meghan McCarty Carino spoke to Anita Ramaswamy, financial analysis columnist at The Information, for her take on these stories.
It’s been almost eight months since Reddit went public, and since then, the platform known as the front page of the internet has been going gangbusters. We’ll get into why on this week’s “Marketplace Tech Bytes: Week in Review.” Plus, crypto surges to new highs in the wake of the election. But first up, Silicon Valley is going to Washington. This week, President-elect Donald Trump tapped his favorite tech CEO, Elon Musk, as the co-lead of a new Department of Government Efficiency along with Vivek Ramaswamy, the former biotech entrepreneur and GOP presidential candidate. Marketplace's Meghan McCarty Carino spoke to Anita Ramaswamy, financial analysis columnist at The Information, for her take on these stories.
It’s perhaps not a big surprise, but OpenAI CEO Sam Altman has a very optimistic take on what his company’s technology could mean for the world. He shared his vision of a near future transformed by ever-advancing artificial intelligence systems in a much-discussed blog post earlier this week. Plus, Meta revealed more of its AI plans at its big developer conference including another go at celebrity chatbots. But first, X, formerly Twitter, finally released a new transparency report. It’s the first one since 2022, when Elon Musk bought the platform. And it’s full of data on reported abuse, harassment, how many accounts were suspended and more. Marketplace’s Meghan McCarty Carino discussed these topics and more with Anita Ramaswamy, columnist at The Information, on this week’s Tech Bytes: Week in Review.
It’s perhaps not a big surprise, but OpenAI CEO Sam Altman has a very optimistic take on what his company’s technology could mean for the world. He shared his vision of a near future transformed by ever-advancing artificial intelligence systems in a much-discussed blog post earlier this week. Plus, Meta revealed more of its AI plans at its big developer conference including another go at celebrity chatbots. But first, X, formerly Twitter, finally released a new transparency report. It’s the first one since 2022, when Elon Musk bought the platform. And it’s full of data on reported abuse, harassment, how many accounts were suspended and more. Marketplace’s Meghan McCarty Carino discussed these topics and more with Anita Ramaswamy, columnist at The Information, on this week’s Tech Bytes: Week in Review.
It’s perhaps not a big surprise, but OpenAI CEO Sam Altman has a very optimistic take on what his company’s technology could mean for the world. He shared his vision of a near future transformed by ever-advancing artificial intelligence systems in a much-discussed blog post earlier this week. Plus, Meta revealed more of its AI plans at its big developer conference including another go at celebrity chatbots. But first, X, formerly Twitter, finally released a new transparency report. It’s the first one since 2022, when Elon Musk bought the platform. And it’s full of data on reported abuse, harassment, how many accounts were suspended and more. Marketplace’s Meghan McCarty Carino discussed these topics and more with Anita Ramaswamy, columnist at The Information, on this week’s Tech Bytes: Week in Review.
It’s Friday which means it’s time for Marketplace Tech Bytes: Week in Review. On today’s show, Instagram is known for pretty pictures but a new report shows it lets a lot of ugly and abusive comments remain on the platform. Plus, Door Dash has dominated the food delivery race. Now it looks like Uber may be catching up. But first, the social media platform X relies on advertisers, so why is it going to war with them? Marketplace's Meghan McCarty Carino discusses all of this week's biggest tech stories with Anita Ramaswamy, columnist at The Information.
It’s Friday which means it’s time for Marketplace Tech Bytes: Week in Review. On today’s show, Instagram is known for pretty pictures but a new report shows it lets a lot of ugly and abusive comments remain on the platform. Plus, Door Dash has dominated the food delivery race. Now it looks like Uber may be catching up. But first, the social media platform X relies on advertisers, so why is it going to war with them? Marketplace's Meghan McCarty Carino discusses all of this week's biggest tech stories with Anita Ramaswamy, columnist at The Information.
It’s Friday which means it’s time for Marketplace Tech Bytes: Week in Review. On today’s show, Instagram is known for pretty pictures but a new report shows it lets a lot of ugly and abusive comments remain on the platform. Plus, Door Dash has dominated the food delivery race. Now it looks like Uber may be catching up. But first, the social media platform X relies on advertisers, so why is it going to war with them? Marketplace's Meghan McCarty Carino discusses all of this week's biggest tech stories with Anita Ramaswamy, columnist at The Information.
In the past week or so, Nvidia’s stock finally encountered the law of gravity — what goes up must eventually come down, at least a little bit. And we look under the hood of artificial intelligence companies that aren’t necessarily making headlines. Plus, the Supreme Court ruled against Republican-led states that accused the federal government of coercing social media companies into suppressing content. But first, major music labels, including Universal, Sony and Warner, are suing two startups that produce AI-generated music. The labels accuse Suno and Udio of using copyrighted works scraped from the internet to train their AI models. Marketplace’s Lily Jamali speaks with Anita Ramaswamy, columnist at The Information, for her takes on these stories in this week’s Marketplace Tech Bytes: Week in Review.
In the past week or so, Nvidia’s stock finally encountered the law of gravity — what goes up must eventually come down, at least a little bit. And we look under the hood of artificial intelligence companies that aren’t necessarily making headlines. Plus, the Supreme Court ruled against Republican-led states that accused the federal government of coercing social media companies into suppressing content. But first, major music labels, including Universal, Sony and Warner, are suing two startups that produce AI-generated music. The labels accuse Suno and Udio of using copyrighted works scraped from the internet to train their AI models. Marketplace’s Lily Jamali speaks with Anita Ramaswamy, columnist at The Information, for her takes on these stories in this week’s Marketplace Tech Bytes: Week in Review.
In the past week or so, Nvidia’s stock finally encountered the law of gravity — what goes up must eventually come down, at least a little bit. And we look under the hood of artificial intelligence companies that aren’t necessarily making headlines. Plus, the Supreme Court ruled against Republican-led states that accused the federal government of coercing social media companies into suppressing content. But first, major music labels, including Universal, Sony and Warner, are suing two startups that produce AI-generated music. The labels accuse Suno and Udio of using copyrighted works scraped from the internet to train their AI models. Marketplace’s Lily Jamali speaks with Anita Ramaswamy, columnist at The Information, for her takes on these stories in this week’s Marketplace Tech Bytes: Week in Review.
On this week's Tech Bytes: Week in Review, Senate Majority Leader Chuck Schumer is calling for a heap of new spending on artificial intelligence research. We'll look at where the proposed $32 billion annually is likely to go. And some of the biggest players in AI tried to outdo one another this week. OpenAI said it’s giving ChatGPT an upgrade and a personality while Google is trying to remake search with its AI model, Gemini. Marketplace's Lily Jamali spoke with Anita Ramaswamy, financial analysis columnist at The Information, for her take on these stories. Marketplace is currently tracking behind target for this budget year — that means listeners like you can make a critical difference by investing in our journalism today.
On this week's Tech Bytes: Week in Review, Senate Majority Leader Chuck Schumer is calling for a heap of new spending on artificial intelligence research. We'll look at where the proposed $32 billion annually is likely to go. And some of the biggest players in AI tried to outdo one another this week. OpenAI said it’s giving ChatGPT an upgrade and a personality while Google is trying to remake search with its AI model, Gemini. Marketplace's Lily Jamali spoke with Anita Ramaswamy, financial analysis columnist at The Information, for her take on these stories. Marketplace is currently tracking behind target for this budget year — that means listeners like you can make a critical difference by investing in our journalism today.
When a company pushes false claims about using artificial intelligence in its business, that’s known informally as “AI washing.” It can feel like everybody's doing it, but the Securities and Exchange Commission is cracking down on the practice. Plus, is the government's communication with social media companies persuasion or coercion? The Supreme Court heard arguments this week in yet another case involving online speech. But first, the Department of Justice on Thursday announced that it's bringing antitrust charges against Apple. Marketplace's Lily Jamali spoke with Reuters Breakingviews columnist Anita Ramaswamy about all of these stories for this week's episode of Marketplace Tech's Bytes: Week in Review.
When a company pushes false claims about using artificial intelligence in its business, that’s known informally as “AI washing.” It can feel like everybody's doing it, but the Securities and Exchange Commission is cracking down on the practice. Plus, is the government's communication with social media companies persuasion or coercion? The Supreme Court heard arguments this week in yet another case involving online speech. But first, the Department of Justice on Thursday announced that it's bringing antitrust charges against Apple. Marketplace's Lily Jamali spoke with Reuters Breakingviews columnist Anita Ramaswamy about all of these stories for this week's episode of Marketplace Tech's Bytes: Week in Review.
Companies vying for AI dominance have told us their stories, but this week they showed us their numbers, and there is a clear front-runner. Plus, a court struck down Elon Musk's $56 billion pay package, but it's the announcement that his startup Neuralink did its first human brain implant that has us really scratching our heads. First, though, a look back at Wednesday's Senate hearing that put tech execs, politicians and families affected by online child sex abuse in a room together on Capitol Hill. Marketplace's Lily Jamali is joined by Anita Ramaswamy, columnist for Reuters Breakingviews, for her take on these stories.
Companies vying for AI dominance have told us their stories, but this week they showed us their numbers, and there is a clear front-runner. Plus, a court struck down Elon Musk's $56 billion pay package, but it's the announcement that his startup Neuralink did its first human brain implant that has us really scratching our heads. First, though, a look back at Wednesday's Senate hearing that put tech execs, politicians and families affected by online child sex abuse in a room together on Capitol Hill. Marketplace's Lily Jamali is joined by Anita Ramaswamy, columnist for Reuters Breakingviews, for her take on these stories.
On today’s Tech Bytes: Google launches its AI tool Gemini into the public arena — finally. Plus, ousted congressman George Santos becomes a star on Cameo. But first, Spotify CEO Daniel Ek said the music streaming giant is cutting 17% of its workforce. Here’s the thing, though: The size of Spotify’s user base is actually growing right now. Marketplace’s Lily Jamali is joined by Anita Ramaswamy, columnist at Reuters Breakingviews, for her take on these stories.
On today’s Tech Bytes: Google launches its AI tool Gemini into the public arena — finally. Plus, ousted congressman George Santos becomes a star on Cameo. But first, Spotify CEO Daniel Ek said the music streaming giant is cutting 17% of its workforce. Here’s the thing, though: The size of Spotify’s user base is actually growing right now. Marketplace’s Lily Jamali is joined by Anita Ramaswamy, columnist at Reuters Breakingviews, for her take on these stories.
On today’s Tech Bytes, our review of the week’s biggest headlines, Meta strikes a preliminary deal with Chinese videogame maker Tencent, giving the company a chance to return to China 14 years after Facebook was banned there. We also talk about the ransomware attack on a major Chinese bank, and how the Biden administration thinks American companies should respond to cyber extortion. But first, a look at the recent revelations about Google and Apple’s complicated relationship. Earlier in its federal antitrust trial, Google said it paid Apple $18 billion a year to be the default search engine on iPhone web browsers. The government said that’s $18 billion worth of evidence of anticompetitive behavior. This week, a witness for Google accidentally disclosed the company was sharing 36% of ad revenue it made from Safari browser searches with Apple. Whoops! Marketplace's Matt Levin is joined by Anita Ramaswamy, columnist at Reuters Breakingviews, for her take on these stories.
On today’s Tech Bytes, our review of the week’s biggest headlines, Meta strikes a preliminary deal with Chinese videogame maker Tencent, giving the company a chance to return to China 14 years after Facebook was banned there. We also talk about the ransomware attack on a major Chinese bank, and how the Biden administration thinks American companies should respond to cyber extortion. But first, a look at the recent revelations about Google and Apple’s complicated relationship. Earlier in its federal antitrust trial, Google said it paid Apple $18 billion a year to be the default search engine on iPhone web browsers. The government said that’s $18 billion worth of evidence of anticompetitive behavior. This week, a witness for Google accidentally disclosed the company was sharing 36% of ad revenue it made from Safari browser searches with Apple. Whoops! Marketplace's Matt Levin is joined by Anita Ramaswamy, columnist at Reuters Breakingviews, for her take on these stories.
Our expert hosts, Kate Moody and Benjamin Ensor, are joined by a great guest to talk about the most notable fintech, financial services and banking news from the past week. We cover the following stories from the fintech and financial services space: First Republic: JP Morgan snaps up major US bank - 4:00 Revolut takes on Nubank with Brazil launch and LatAm push - 13:55 An investment fund created by ChatGPT is “smashing” the UK's top 10 most popular funds - 23:50 Australian gamblers to be banned from using credit cards for online betting - 33:35 Microsoft teams up with Stripe, GoDaddy and PayPal for in-meeting payments - 35:18 Microscopic monarch names etched on to coronation coin - 37:40 This week's guests include: Anita Ramaswamy, Columnist, Reuters Breakingviews This episode is sponsored by Thredd Global Processing Services (GPS), the payments platform trusted by the leading issuers to process billions of transactions a year, has changed their name to Thredd. Why Thredd? Thredd, because their tailored payment processing solutions are the thread that connects payments innovators of the future. Thredd, because they are true partners, becoming part of the fabric of your business as it grows. And Thredd because it just feels right. Find out more at Thredd.com. (https://www.thredd.com/?utm_source=newsletter&utm_medium=email&utm_campaign=bitesize+thredd&utm_id=11fs) Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It's hosted by a rotation of 11:FS experts including David M. Brear, Ross Gallagher, Benjamin Ensor, and Kate Moody - as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking. If you enjoyed this episode, don't forget to subscribe and please leave a review Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Special Guest: Anita Ramaswamy.
Welcome to Chain Reaction. A show that unpacks and dives deep into the latest trends, drama and news with some of the biggest names in crypto breaking things down block by block for the crypto curious. For this week's episode, Jacquelyn interviewed Alex Adelman, the co-founder and CEO of Lolli. Founded in 2018, Lolli is a bitcoin rewards app that lets people earn bitcoin or cash back when they shop online or in-person at over 10,000 stores like McDonalds, Starbucks, Dunkin, CVS, Costco and so on. Adelman previously was on the team that built a commerce gateway Cosmic that was acquired by PopSugar in 2015 then Ebates and Rakuten in 2017. And similar to Jacquelyn, Adelman also went to UNC-Chapel Hill – go Tar Heels! The platform has grown significantly over the past few years from partnerships with less than 1,000 stores and to over 10,000 stores, to date. Adelman dived into the rewards system in the crypto ecosystem and how it has evolved over the years – and what the future holds for Lolli. We also dived deep into the topic of Bitcoin NFTs and Ordinals, which is the latest craze for the community. We discussed whether Bitcoin NFTs are good for the ecosystem, how the technology can grow long term and possibilities for these digital inscriptions to potentially fit into Lolli's business model. Chain Reaction comes out every other Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action. TechCrunch is coming to Boston for our Early Stage event. You can use code CHAIN for 40% off founder and investor passes, we'll see you there!
Welcome to Chain Reaction. A show that unpacks and dives deep into the latest trends, drama and news with some of the biggest names in crypto breaking things down block by block for the crypto curious. For this week's episode, Jacquelyn talked with Mo Shaikh, co-founder and CEO of the layer-1 blockchain Aptos. Shaikh is a three-times founder with over a decade of experience in financial services as well as blockchain technology and crypto. He also worked on blockchain strategic partnerships for Novi, Facebook's wallet and was the strategy director at Consensys. Last year was huge for Aptos – as the blockchain launched publicly and raised about $400 million in funding, amid a bear market. The new layer-1 got backing from major investors like Andreessen Horowitz, Circle Ventures and the now-defunct FTX Ventures, to name a few. Looking forward, Aptos plans to focus on making 2023 its year of “intention,” Shaikh said. We also discussed: What it's like to launch in a bear marketBuilders on the blockchainBusiness development plans for 2023Onboarding people not in the spaceFuture of interoperability and the multichain worldChain Reaction comes out every other Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
It's official - Elon Musk has sealed the deal on Twitter, and we're bringing you a bonus episode to talk through it all. In case you missed it, Alex took to Twitter Spaces on Friday with Darrell Etherington, Amanda Silberling, Anita Ramaswamy, and Taylor Hatmaker to process some of what's gone down, and what comes next on a special joint Equity/TechCrunch Podcast episode, so have a listen and be sure to read all about the Elon era at Twitter on TechCrunch.We'll talk to you again on Wednesday!Equity drops at 7 a.m. PT every Monday and Wednesday, and at 6 a.m. PT on Fridays, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews founders, one that details how our stories come together, and more!
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.We hope that you are in good form this Friday, alive, well, and ready to rock. We certainly were. And in a change of pace, as our dear Mary Ann was off this week, the excellent Anita Ramaswamy joined Natasha Mascarenhas and Alex Wilhelm on the mics. (Theresa, as per usual, held down the production front!)What did we merry three get into? The following:Quick Hits: Launch House is shaking up its legal team as it sifts through what is left of its reputation; Sequoia India is still making big edtech bets; and BeReal is wealthy and, in our view, pretty cool. But does it have the staying power it will need?Twitter layoffs: When we prepped for the show, it seemed that massive Twitter layoffs could impact up to 75% of the company's staff. Since then, the figure has come down some. How much? That's not clear, but what is is the fact that Twitter's new chapter is supposed to begin, and soon.King Apple: The multi-front war attacking Apple's massive, and pervasive demand that it gets 30% of all transaction value on the App Store continues to rack up detractors. This time? NFT and other crypto fans. China: We closed on a brief riff on Chinese startups!We are back Monday for a spooky episode!Equity drops at 7 a.m. PT every Monday and Wednesday, and at 6 a.m. PT on Fridays, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews founders, one that details how our stories come together, and more!
Our expert hosts, Ross Gallagher and Benjamin Ensor, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. This week's guests include: Oliver Smith, Managing Editor, AltFi Anita Ramaswamy, Senior Reporter, Techcrunch With soundclips from: Mauricio Magaldi, Crypto, 11:FS We cover the following stories from the fintech and financial services space: Is Goldman Sachs ready to pull the rug on Marcus? - 4:10 PayPal decides fining people $2,500 for 'misinformation' wasn't a great idea - 15:08 Affirm is working on credit card-like bonus points for its payment product - 27:10 How India's proposed digital rupee would be different from cryptocurrency - 38:00 Egypt's Algebra Ventures completes first close of $100m for its second fund - 49:25 Martin Lewis hits out Deliveroo for buy now pay later scheme - 50:45 Digital receipts start-up Flux closing down - 52:20 Damien Hirst burns artworks after collectors pick their NFTs instead - 54:20 This episode is sponsored by Tink Open banking can pave the way for faster and more responsible lending practices, that are robust on risk and financially inclusive. As the leading open banking platform, Tink is powering banks and fintechs to transform lending. To find out more, and read Tink's new Lending Unlocked report, go to tink.com/11fs. This episode is sponsored by LinkedIn As you gear up for Autumn, you need the right people on your team to help your small business fire on all cylinders. LinkedIn Jobs is here to make it easier. Tap into the world's largest professional network with over 30 million people in the UK. Create a job post in minutes, and spread the word so your network can help you find the right people to hire. Just add the purple #Hiring frame to your LinkedIn profile. Simple tools, like screening questions, make it easy to find candidates with just the right skills and experience. It's why small businesses rate LinkedIn Jobs #1 in delivering quality hires vs leading competitors. LinkedIn Jobs helps you find the candidates you want to talk to, faster. And, you can post a job for free. Just visit Linkedin.com/FINTECH (https://business.linkedin.com/talent-solutions/cx/21/01/jobs-single-cta-11-podcast-uk?src=re-pod&trk=fintech&veh=fintech&mcid=6963291076820369422). Terms and conditions apply. Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It's hosted by a rotation of 11:FS experts including David M. Brear, Ross Gallagher, Benjamin Ensor, and Kate Moody - as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking. If you enjoyed this episode, don't forget to subscribe and please leave a review Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Special Guests: Anita Ramaswamy, Mauricio Magaldi, and Oliver Smith.