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Tech Meme

A profile of UK teenage hacker Arion Kurtaj, a Lapsus$ member who leaked GTA VI videos in 2022 and was found guilty in 2023 of hacking Nvidia, Uber, and others (Wall Street Journal) 06-10-2024

Wall Street Journal: A profile of UK teenage hacker Arion Kurtaj, a Lapsus$ member who leaked GTA VI videos in 2022 and was found guilty in 2023 of hacking Nvidia, Uber, and others  —  The City of London Police had put the teenage boy in the suburban Travelodge to protect him.  They even set up a code … Lees verder op Tech Meme

eMarketer expects Google's share of the US search ad market to drop below 50% in 2025 for the first time in 10+ years, as Amazon, Apple, and others make gains (Wall Street Journal) 06-10-2024

Wall Street Journal: eMarketer expects Google’s share of the US search ad market to drop below 50% in 2025 for the first time in 10+ years, as Amazon, Apple, and others make gains  —  A flurry of new offerings for advertisers is hitting the market  —  Google’s grip on the nearly $300 billion search advertising business is loosening. Lees verder op Tech Meme

Dealroom: US VCs made up 65% of 2024 VC investments in European defense startups, up from 18% in 2023, for a total of $458M, or 3x+ more than in any prior year (Sylvia Pfeifer/Financial Times) 07-10-2024

Sylvia Pfeifer / Financial Times: Dealroom: US VCs made up 65% of 2024 VC investments in European defense startups, up from 18% in 2023, for a total of $458M, or 3x+ more than in any prior year  —  American venture capital funds have provided the lion’s share of investment to the nascent sector this year Lees verder op Tech Meme

A look at the fall of Byju's, India's most valuable startup in 2022 at an estimated $22B, as the edtech startup faces insolvency and Indian and US lawsuits (Financial Times) 06-10-2024

Financial Times: A look at the fall of Byju’s, India’s most valuable startup in 2022 at an estimated $22B, as the edtech startup faces insolvency and Indian and US lawsuits  —  Edtech company’s legal battles from Delaware to Bengaluru have exposed corporate governance issues Lees verder op Tech Meme

Among US companies founded in the past 20 years, only Meta and Uber have become “scale insurgent”, with $10B in annual revenue and $1B of operating cash flow (John Foley/Financial Times) 07-10-2024

John Foley / Financial Times: Among US companies founded in the past 20 years, only Meta and Uber have become “scale insurgent”, with $10B in annual revenue and $1B of operating cash flow  —  More companies are reaching the $1bn valuation milestone, but growing from horned foal to winged steed is getting tougher Lees verder op Tech Meme

Amkor and TSMC sign an MOU to collaborate on advanced chip packaging for AI, HPC, PC, and mobile processors at Amkor's planned $1.6B facility in Peoria, Arizona (Anton Shilov/Tom's Hardware) 06-10-2024

Anton Shilov / Tom’s Hardware: Amkor and TSMC sign an MOU to collaborate on advanced chip packaging for AI, HPC, PC, and mobile processors at Amkor’s planned $1.6B facility in Peoria, Arizona  —  Apple and Nvidia rejoice.  —  When Amkor announced plans to build a $1.6 billion chip test and packaging facility near Peoria … Lees verder op Tech Meme

An interview with AWS CEO Matt Garman on generative AI, AWS' AI chatbot Q, shutting down services, investing in open source, open sourcing projects, and more (Frederic Lardinois/TechCrunch) 07-10-2024

Frederic Lardinois / TechCrunch: An interview with AWS CEO Matt Garman on generative AI, AWS’ AI chatbot Q, shutting down services, investing in open source, open sourcing projects, and more  —  It was quite a surprise when Adam Selipsky stepped down as the CEO of Amazon’s AWS cloud computing unit. Lees verder op Tech Meme

Q&A with UCLA's Terence Tao, widely considered the world's greatest living mathematician, about OpenAI's o1, how AI might be useful to mathematicians, and more (Matteo Wong/The Atlantic) 06-10-2024

Matteo Wong / The Atlantic: Q&A with UCLA’s Terence Tao, widely considered the world’s greatest living mathematician, about OpenAI’s o1, how AI might be useful to mathematicians, and more  —  Terence Tao, the world’s greatest living mathematician, has a vision for AI.  —  Terence Tao, a mathematics professor at UCLA, is a real-life superintelligence. Lees verder op Tech Meme

Taiwan, which is highly dependent on imported fossil fuels, is struggling to meet its chip industry's energy demands; TSMC uses ~9% of Taiwan's electricity (Isabel Hilton/Yale E360) 06-10-2024

Isabel Hilton / Yale E360: Taiwan, which is highly dependent on imported fossil fuels, is struggling to meet its chip industry’s energy demands; TSMC uses ~9% of Taiwan’s electricity  —  As the world’s largest producer of advanced computer chips, Taiwan is struggling to meet demand for electricity. Lees verder op Tech Meme

eMarketer: Google's share of the US search ad market is expected to drop below 50% in 2025 for the first time in 10+ years, as Amazon, Apple, and others gain (Wall Street Journal) 06-10-2024

Wall Street Journal: eMarketer: Google’s share of the US search ad market is expected to drop below 50% in 2025 for the first time in 10+ years, as Amazon, Apple, and others gain  —  A flurry of new offerings for advertisers is hitting the market  —  Google’s grip on the nearly $300 billion search advertising business is loosening. Lees verder op Tech Meme