Tech Meme

Georgina Quach / Financial Times: Barclays, Monzo, Lloyds, and other major UK banks join Amazon, Google, Match, Meta, BT, and Three in committing to live data sharing in a UK fraud clampdown  —  Industry-led initiative promises to beat existing scam-monitoring systems  —  Britain’s biggest banks, technology and telecoms companies … Lees verder op Tech Meme

Reuters: How the Trump family took over World Liberty Financial, which raised $550M+ via governance tokens; the family has a claim on 75% of net revenues of token sales  —  As World Liberty Financial raised more than half a billion dollars, President Donald Trump’s family took control of the crypto venture … Lees verder op Tech Meme

Vicky Ge Huang / Wall Street Journal: Eric and Donald Trump Jr.’s American Data Centers plans to merge with Hut 8’s American Bitcoin and take a 20% stake, aiming to create the world’s largest miner  —  A business led by two of the president’s sons will invest in American Bitcoin, a new mining company controlled by Hut 8 Lees verder op Tech Meme

Reuters: TSMC says its Kaohsiung plant in Taiwan is set to begin 2nm wafer volume production in H2 2025, reaffirming its commitment to Taiwan during its US expansion  —  TSMC (2330.TW) said on Monday that its newly built domestic fab would add 7,000 tech jobs to the island’s economy and that it will continue … Lees verder op Tech Meme

Michael J. de la Merced / New York Times: Isomorphic Labs, a DeepMind spinoff focusing on drug discovery, raised $600M led by Thrive to research treatments, including for cancer and immune disorders  —  The company, which uses artificial intelligence to develop new treatments, now counts the venture capital firm Thrive Capital as a backer. Lees verder op Tech Meme

Zack Abrams / The Block: PumpSwap, a new DEX launched by Pump.fun’s creators, processed $2.43B in cumulative trading volume after just 10 days, shaking up the Solana DEX ecosystem  —  – PumpSwap, the DEX recently launched by memecoin platform Pump.fun, has processed $2.43 billion in cumulative trading volume after just 10 days … Lees verder op Tech Meme

Amrith Ramkumar / Wall Street Journal: An interview with White House OSTP Director Michael Kratsios, a Peter Thiel protégé confirmed by the Senate on March 25, on US plans to counter Beijing on AI  —  Michael Kratsios will work to counter Beijing without disrupting U.S. businesses  —  WASHINGTON—Many Trump … Lees verder op Tech Meme

Karin Matussek / Bloomberg: Nokia and Amazon settle a long-running, global patent dispute over Amazon using Nokia’s video tech in Prime Video and its devices, without disclosing the terms  —  The agreement covers the use of Nokia video technologies in Amazon’s streaming services and devices, resolving all patent litigation globally … Lees verder op Tech Meme

Arjun Kharpal / CNBC: Huawei reports FY 2024 revenue up 22.4% YoY to ~$118.2B, near its ~$123B record in 2020, net profit down 28% YoY to ~$8.63B, and R&D spend rising to ~$25B  —  Huawei on Monday reported a sharp jump in 2024 revenue as its core telecommunications and consumer businesses accelerated. Lees verder op Tech Meme

Kevin T. Dugan / Wall Street Journal: Memecoins attempting to profit from a man’s suicide highlight Pump.fun’s extreme lack of boundaries; one of the memecoins soared past $2M in total value  —  A 23-year-old man’s dark descent into crypto scams ended with shooting himself on a livestream  —  Arnold Haro held up a single bullet … Lees verder op Tech Meme