Technology

The Asia Internet Coalition, an influential industry organization representing technology giants such as Facebook, Twitter, Google, Apple, and Amazon, has voiced concerns over a recent amendment to India’s IT rules, saying the changes grant the local government expansive content removal authority without implementing adequate procedural safeguards. India recently updated its IT rules, barring social media platforms […]

US tech giants voice concern over India’s fact-checking rule by Manish Singh originally published on TechCrunch

Japanese gaming giant Sega has confirmed that it’s buying Finland’s Rovio in an all-cash deal worth €706 million ($775 million). News first emerged back in January that Israeli mobile gaming company Playtika had tabled a €750 million ($810 million) bid for Rovio, though talks collapsed last month with no reasons provided by either company. Rovio did, however, […]

Sega to acquire Angry Birds-maker Rovio for $775M by Paul Sawers originally published on TechCrunch

Chinese electric vehicle maker XPeng unveiled Sunday its new platform architecture for making vehicles that will set the foundation for future production models and reduce the cost of development and manufacturing. The Smart Electric Platform Architecture (SEPA) 2.0 is expected to shorten the R&D cycle for future models by 20%, as well as cut costs […]

XPeng unveils new EV platform designed to cut production costs by Rebecca Bellan originally published on TechCrunch

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of the previous week. […]

A nine-figure raise in fintech? Oh my by Mary Ann Azevedo originally published on TechCrunch

We got a decidedly mixed set of answers, but it seems that the cloud repatriation idea is being greatly exaggerated.

Is there really a march from the public cloud back on-prem? by Ron Miller originally published on TechCrunch

Not satisfied with dismantling Twitter, Elon Musk is reportedly planning to take on his erstwhile ally OpenAI, and is currently attempting to collect the money and people necessary to do so. The busy billionaire may tap the resources of his several companies to accelerate the work, but there is good reason to be skeptical of […]

Elon Musk reportedly rushing to assemble a rival to OpenAI by Devin Coldewey originally published on TechCrunch

Rodriguez said he was inspired to launch the company as a way to help, specifically Black and brown artists, retain equity in their creative work.

Creative platform EVEN raises $2.3M seed round to help artists sell directly to fans by Dominic-Madori Davis originally published on TechCrunch

When OpenAI co-founder and CEO Sam Altman speaks these days, it makes sense to listen. His latest venture has been on everyone’s lips since the release of GPT-4 and ChatGPT, one of the most sophisticated large language model-based interface created to date. But Altman takes a deliberate and humble approach, and doesn’t necessarily believe that when […]

Sam Altman: Size of LLMs won’t matter as much moving forward by Ron Miller originally published on TechCrunch