July 2023

AMD plans to invest $400 million in India by 2028

July 28, 2023
AMD plans to invest around $400 million in India over the next five years and set up its largest R&D facility in the country’s southern city of Bengaluru as the chipmaker joins the growing list of firms that are backing the South Asian nation’s ambition of becoming a semiconductor manufacturing hub. AMD CTO Mark Papermaster […]

Andy McLoughlin of Uncork Capital on the firm’s new funds, succession, and why next year could be a bloodbath for many startups (sorry, startups)

July 28, 2023
A few weeks ago, Uncork Capital shared the news that it recently closed on $400 million in capital commitments across two new funds: $200 million for a seed-stage vehicle and another $200 million for an opportunity-style fund that mostly aims to support startups that are already part of its portfolio. The funds represent twice what […]

Volkswagen’s Xpeng deal sets example for EV alliance between the West and China

July 28, 2023
The major news from China’s auto industry this week is Volkswagen’s $700 million investment in the country’s electric vehicle startup, Xpeng. This partnership has the potential to set a precedent for Western automakers seeking to leverage Chinese firms for their EV expertise, while their Chinese counterparts can benefit from their foreign allies’ global distribution. The […]

A new study found that Facebook’s Pages and Groups shape its ideological echo chambers

July 27, 2023
New research published Thursday offers an unprecedented dive into political behavior across Facebook and Instagram — two major online hubs where people express and engage with their political beliefs. The studies, published by an interdisciplinary set of researchers working in tandem with internal groups at Meta, encompasses four papers published in Science and Nature examining […]

US, Australia cyber agencies warn IDOR security flaws can be exploited ‘at scale’

July 27, 2023
U.S. and Australian government cybersecurity agencies are warning that common and easily exploitable security vulnerabilities in websites and web apps can be abused to carry out large-scale data breaches. In a joint advisory published Thursday, U.S. cybersecurity agency CISA, the National Security Agency and the Australian Cyber Security Centre said that the vulnerabilities, known as […]