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MYSTERIOUS: 8 | Mind Blowing Facts

Stocks Post Moderate Losses on Global Economic Concerns

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.61%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.41%, and the Nasdaq 100 Index ($IU XX) (QQQ ) closed down -0.70%. Stock indexes Wednesday posted moderate losses. Global economic concerns...

Barchart

Stocks Retreat on Weak Chinese News and Increased Fed Rate-Hike Prospects

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.81%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.85%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.60%. U.S. stocks this morning are moderately lower on global...

Barchart

MoonPay executives cashed out $150 million in equity just months before crypto crash

One month after the funding round, MoonPay’s CEO bought a waterfront mansion in Miami Beach for $38.5 million.

Fortune

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Markets Today: Stocks Fall as Weak China News Sparks Global Economic Concerns

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.47%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.46%. U.S. stock index futures this morning are moderately lower on global economic concerns after Chinese reports showed manufacturing and service sector activity slowed more than...

Barchart

Martin Amis’s difficult relationship with literary London

One of the lesser honours afforded to the celebrated writer Martin Amis, who died at the weekend aged 73, was perennial status in this Diary column.

Evening Standard

Could Bing become the default search engine on Mozilla Firefox?

Microsoft reportedly wants to win an upcoming bid with Mozilla to have Bing become the default search engine for Firefox.

Windows Central

What VCs overestimated about proptech startups

Commercial real estate is having a tough year—and startups catering to the sector need to reevaluate, says one VC.

Fortune

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Siri is being left behind – and Apple knows it

A new report suggests Apple employees have grown frustrated by the stagnation of Siri.

TechRadar

Don't expect ChatGPT-like features from Siri anytime soon — here's why

A report from The Information shows us that we shouldn’t expect ChatGPT features as part of Siri anytime soon. Here’s why Apple is taking things slow with AI chatbots.

Tom’s Guide

Apple in disarray amid reported AI and Siri team infighting

Apple is reportedly dealing with multiple problems that hamper the development of Siri as AI use booms.

iMore

This MIT vet wants to revolutionize the steel industry

Climate tech investing is gaining prominence, but founders are still having a tough time convincing VCs to play the long game.

Fortune

Microsoft readies own AI chip — everything you need to know

Microsoft is reportedly working on Project Athena, an in-house AI chip designed to power the supercomputers needed to power generative AI like ChatGPT.

Tom’s Guide

Microsoft Building Its Own AI Chip on TSMC's 5nm Process

Microsoft is reportedly working on an artificial intelligence chip based on TSMC's 5-nanometer process to better compete with Nvidia and other chip suppliers.

Tom’s Hardware

American investors shouldn’t be ‘arming the enemy’ by helping China create its own version of OpenAI, warns top VC Keith Rabois

A slew of Chinese startups are racing to become their nation’s answer to OpenAI.

Fortune

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Fortune

Saudi Arabia discloses investment in dozens of VCs

Saudi Arabia has invested in technology and other sectors in a bid to diversify the country’s economy away from oil.

Fortune

Silicon Valley and Saudi Arabia are still closely intertwined despite age-old controversy

Nearly 40 venture firms, from Andreessen Horowitz to Craft Ventures to Techstars, have accepted money from Saudi Arabia’s sovereign wealth fund.

Android Central

Former Google AI engineer claims Bard was trained using ChatGPT

In the wake of ChatGPT's popularity and Google scrambling to get Bard out to users, a former employee claims Bard was actually trained using data from ChatGPT.

Tom’s Guide

Amazon just rolled out a new feature for millions of shoppers that could save you money

Amazon is now flagging certain products as "frequently returned" and aims to prevent people from buying poor-quality products.

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