Tech Meme

Joyu Wang / Wall Street Journal: Taiwan says China detained four employees at Foxconn’s iPhone factories in Zhengzhou, and says Foxconn said it didn’t suffer a financial loss from their actions  —  Taiwan says investor confidence may be damaged after four Taiwanese are held  —  TAIPEI—Four Taiwanese employees … Lees verder op Tech Meme

David Yaffe-Bellany / New York Times: How crypto power couple Ryan Salame, an FTX executive who gave millions to GOP politicians, and Michelle Bond, who ran for Congress, now both face prison time  —  Ryan Salame, an FTX executive, and Michelle Bond, a crypto policy advocate, were once a Washington power couple.  Now they both face prison time. Lees verder op Tech Meme

Helen Reid / Reuters: Ecommerce Europe expects 2024 e-commerce turnover in Europe, including the UK, to rise 8% YoY to €958B, the first inflation-adjusted growth year since 2021  —  Recovering consumer confidence has boosted online shopping in Europe this year, industry group Ecommerce Europe said on Wednesday … Lees verder op Tech Meme

Anna Heim / TechCrunch: Paris-based Qantev, which offers an AI-based claim management software for health and life insurance companies, raised a €30M Series B  —  Health and life insurance providers face a rising volume of claims due to chronic disease and aging populations, but their processes lack scalability. Lees verder op Tech Meme

Helen Reid / Reuters: Ecommerce Europe expects 2024 e-commerce turnover in Europe, including the UK, to rise 8% YoY to €958B, the first inflation-adjusted growth year since 2021  —  Recovering consumer confidence has boosted online shopping in Europe this year, industry group Ecommerce Europe said on Wednesday … Lees verder op Tech Meme

Alexander Sammon / Slate: Despite the fallout from SBF’s political donations, crypto’s super PAC raising $203M far exceeds other groups like Koch Industries, the second-largest at $26M  —  About a week before the 2022 midterms, FTX, the cryptocurrency exchange founded by billionaire wunderkind Sam Bankman-Fried, began to collapse. Lees verder op Tech Meme

Financial Times: How Google plans to deflect and delay the US breakup threat; legal timelines may let it avoid changes for years, and a ruling on remedies may come in mid-2025  —  Search group claims regulators are overreaching just as foreign and domestic rivals are gaining ground Lees verder op Tech Meme

Bloomberg: Alphabet stock has dropped 15%+ from its $191.18 record high on July 10, as the DOJ seeks a break up of Google, which experts say will seek operational changes  —  – DOJ proposed options for fixes run from ‘milder to spicy hot’  — Company sees ‘unintended’ fallout from ‘radical’ remedies list Lees verder op Tech Meme

Helen Reid / Reuters: Ecommerce Europe expects 2024 e-commerce turnover in Europe, including the UK, to rise 8% YoY to €958B, the first inflation-adjusted growth year since 2021  —  Recovering consumer confidence has boosted online shopping in Europe this year, industry group Ecommerce Europe said on Wednesday … Lees verder op Tech Meme

Anna Heim / TechCrunch: Paris-based Qantev, which offers an AI-based claim management software for health and life insurance companies, raised a €30M Series B  —  Health and life insurance providers face a rising volume of claims due to chronic disease and aging populations, but their processes lack scalability. Lees verder op Tech Meme