Is ARK Innovation ETF (ARKK) a Buy for June?

June 6, 2023
Following underwhelming performance in two consecutive years, 2021 and 2022, Cathie Wood’s flagship fund, ARK Innovation (ARKK), is sporting approximately 34% year-to-date returns. ARKK’s portfolio focuses on disruptive innovation companies…

Zoom brings local data storage to paying European customers

June 6, 2023

Zoom has announced a slew of privacy-focused features and services, as the video communication company looks to appease customers concerned about where their data resides. With Europe pushing a digital sovereignty agenda, U.S. companies have been clambering to convince customers across the continent that they’re serious about handing over more control around data storage and […]

Zoom brings local data storage to paying European customers by Paul Sawers originally published on TechCrunch

Apple will face an uphill battle convincing developers to build apps for its headset

June 6, 2023
The ‘one more thing’ announced by Apple at its Worldwide Developers Conference (WWDC) this year was the industry’s worst-kept secret. The Apple Vision Pro, the tech giant’s gamble on making mixed reality headsets a thing, has received a mixed welcome. Most of the concern has centered on the eye-watering $3,499 cost. But there’s a bigger…

Sequoia rebrands China, India and Southeast Asia units

June 6, 2023

Sequoia is rebranding its international investment arms to better manage the escalating complexities of its decentralized global investment operations, the storied venture firm said Tuesday. Sequoia China is transitioning to the name HongShan, while the company’s India and Southeast Asia unit is rebranding as Peak XV Partners. Sequoia’s US and European enterprises, however, will maintain […]

Sequoia rebrands China, India and Southeast Asia units by Manish Singh originally published on TechCrunch

To avoid AI doom, learn from nuclear safety

June 6, 2023
This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. Ok, doomer. For the past few weeks, the AI discourse has been dominated by a loud group of experts who think there is a very real possibility we could develop an artificial-intelligence…