A survey of 501 organizations globally estimates organizations contribute $7.7B annually to open source software and 86% of contribution value is employee labor (The Linux Foundation)
Tech Blog
Published on 2024-12-22
Sources: Palantir and Anduril are in talks with OpenAI, SpaceX, and more to form a consortium to bid for US defense contracts and plan to announce it in January (Financial Times)
A look at the challenges facing Crunchyroll, as current and ex-staffers say its management is out of touch, amid Disney and Netflix's expansion into anime (Bloomberg)
A look at Amazon's revamped drone delivery program near Phoenix, Arizona, where the company's new MK-30 drones deliver dozens of packages a day to customers (Kevin Roose/New York Times)
Sources: Apple is working on a smart doorbell system with advanced facial recognition that can wirelessly connect and unlock third-party smart locks (Mark Gurman/Bloomberg)
Preqin data: Southeast Asia's AI startups raised just $1.7B across 122 deals so far in 2024, out of ~$20B across 1,845 deals for the whole Asia-Pacific region (Bloomberg)
How Britannica survived the Wikipedia era by changing itself into a maker of education software and AI agents, as it reportedly weighs an IPO at a $1B valuation (Michael J. de la Merced/New York Times)
Tesla's shares are up 73% since Election Day, as several analysts see the Trump administration easing rules for self-driving tech, benefiting Tesla's ambitions (Esha Dey/Bloomberg)
Gina Raimondo says holding back China in the chips race is a "fool's errand", and investment, more than export controls, will keep US ahead of Beijing (Wall Street Journal)
A look at India's quick food delivery market as Swiggy and Zomato enter the sector; report: online food delivery market in India to reach $15B by March 2029 (Satviki Sanjay/Bloomberg)