Tech Meme

MacKenzie Sigalos / CNBC: White House crypto czar David Sacks says stablecoin laws could be done in the next six months, after lawmakers unveiled a bill to create a regulatory framework  —  As David Sacks, the newly appointed White House AI and crypto czar, collaborates with lawmakers on potential regulations for digital assets … Lees verder op Tech Meme

Brent Crane / Bloomberg: A profile of Joseph Firmage, who founded USWeb, which went public with a $2.5B market cap in 1997, and is now being sued by “antigravity-machine” investors  —  Joseph Firmage helped create today’s digital economy.  These days, he’s being sued by antigravity-machine investors … Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: XOi, whose software lets field technicians get info about the machines they need to fix, raised $230M from KKR and buys its rival Specifx for an undisclosed sum  —  Field service engineers may not be the first group of customers that come to mind when you think about lucrative opportunities in B2B technology. Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: XOi, whose software lets field technicians get info about the machines they need to fix, raises $230M from KKR and buys its rival Specifx for an undisclosed sum  —  Field service engineers may not be the first group of customers that come to mind when you think about lucrative opportunities in B2B technology. Lees verder op Tech Meme

Sohee Kim / Bloomberg: China’s mini-drama industry grew 35% YoY to ~$6.91B in 2024, surpassing the country’s box office and forcing iQiyi and Tencent to embrace short-form dramas  —  – New kind of web series tell stories in ultra-brief episodes  — Chinese companies are now exporting mini dramas to the US Lees verder op Tech Meme

Maxwell Zeff / TechCrunch: AI researchers at Stanford and the University of Washington claim they trained an AI reasoning model, called s1, for under $50 in cloud compute credits  —  AI researchers at Stanford and the University of Washington were able to train an AI “reasoning” model for under $50 in cloud compute credits … Lees verder op Tech Meme

Henry Stockdale / UploadVR: Interviews with nearly two dozen VR studios on shipping games on Quest, Meta’s increased focus on Horizon Worlds, concerns over declining game sales, and more  —  With concerns about declining sales and discoverability, UploadVR spoke with nearly two dozen VR studios to discuss the state of VR development for Quest. Lees verder op Tech Meme

Politico: The Senate Commerce Committee approves the Kids Off Social Media Act to ban under-13s from social media, clearing the way for consideration by the Senate  —  The Senate Commerce Committee approved legislation Wednesday to ban children under 13 from social media. Lees verder op Tech Meme

Laura Dubois / Financial Times: Documents: EU prosecutors are probing how Atos’ Moscow office helped build the EU’s border system, which will establish the EU’s largest personal info database  —  Investigation examines how French IT group Atos used Moscow office for sensitive European computer project Lees verder op Tech Meme

Suhasini Srinivasaragavan / Silicon Republic: Dublin-based Protex AI, whose AI-powered platform plugs into CCTV devices to spot risks and enhance workplace safety, raised a $36M Series B led by Hedosophia  —  The company has Ireland-based job opportunities in revenue, marketing, computer vision and software engineering. Lees verder op Tech Meme