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Google says it will use generative AI to boost Search ads' relevance based on query context and debuts a conversational experience for creating ad campaigns (Aisha Malik/TechCrunch)
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May 23, 2023
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USA
Interview with Microsoft CTO Kevin Scott as the company adds OpenAI-powered Copilots to everything from Office to Edge to the Windows Terminal (Nilay Patel/The Verge)
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May 23, 2023
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USA
Apple announces a "multiyear, multibillion-dollar" deal with Broadcom to develop and manufacture 5G and wireless components, including FBAR filters, in the US (Chance Miller/9to5Mac)
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May 23, 2023
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USA
Shutterstock plans to acquire Giphy from Meta for $53M in cash, after the UK CMA blocked Meta's acquisition in 2022; Meta can still access Giphy content (Yuvraj Malik/Reuters)
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May 23, 2023
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Hong Kong outlines crypto trading rules for bitcoin, ether, and other large coins, letting retail investors trade them on licensed exchanges starting on June 1 (Bloomberg)
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May 23, 2023
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USA
Securities watchdog IOSCO proposes the first global crypto regulations, covering conflicts of interest, custody, and more, that it aims to finalize by year-end (Huw Jones/Reuters)
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May 23, 2023
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USA
Sources: TikTok restructures its ecommerce business to focus on markets where the service has already been introduced, such as the UK, US, and Southeast Asia (Cristina Criddle/Financial Times)
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May 23, 2023
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USA
Sources: JioMart cuts 1,000+ jobs as part of a larger cost-cutting measure, which will include reducing the 15,000 people wholesale division by two-thirds (The Economic Times)
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May 23, 2023
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USA
Zoom reports Q1 revenue up 3% YoY to $1.11B, vs. $1.08B est., Enterprise revenue up 13% YoY to $632M, and customers contributing $100K+ annually up ~23% YoY (Tiyashi Datta/Reuters)
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May 23, 2023
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USA
India-based Chalo, which offers online payments and commute tracking for bus operators, raised a $45M Series D led by Avataar Ventures and $12M in debt (Manish Singh/TechCrunch)
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May 23, 2023
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