Tech Meme

Marko Zivkovic / AppleInsider: Apple restores Marvel Snap, published by ByteDance’s Nuverse, to the US App Store, and removes the card game from its document listing banned ByteDance apps  —  Apple allows “Marvel Snap” to return to the App Store, presumably thanks to new publishing arrangements that gets the game away from the still-banned ByteDance. Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Alibaba’s Qwen team releases Qwen2.5-VL, a new series of AI models that can control PCs and phones, as well as perform a number of text and image analysis tasks  —  Chinese AI lab DeepSeek might be getting the bulk of the tech industry’s attention this week.  But one of its top domestic rivals, Alibaba, isn’t sitting idly by. Lees verder op Tech Meme

Wired: DeepSeek’s privacy policy shows broad data collection practices and says user data, along with all the conversations and prompts, is stored on servers in China  —  Amid ongoing fears over TikTok, Chinese generative AI platform DeepSeek says it’s sending heaps of US user data straight to its home country … Lees verder op Tech Meme

Bloomberg: KuCoin pleads guilty to having an unlicensed money transmitting business, agreeing to ~$300M in fines and forfeitures, in a case brought by US federal attorneys  —  The cryptocurrency exchange KuCoin pleaded guilty to operating an unlicensed money transmitting business and agreed … Lees verder op Tech Meme

Samantha Subin / CNBC: Nvidia’s stock drops 16.86%, closing at $118.58, dropping nearly $600B in market cap, more than twice as much as any US company has ever dropped in a single day  —  Nvidia lost close to $600 billion in market cap on Monday, the biggest drop for any company on a single day in U.S. history. Lees verder op Tech Meme

Kif Leswing / CNBC: Nvidia calls DeepSeek’s work “an excellent AI advancement”, reiterating “inference requires significant numbers of NVIDIA GPUs and high-performance networking”  —  Nvidia called DeepSeek’s R1 model “an excellent AI advancement,” despite the Chinese startup’s emergence causing … Lees verder op Tech Meme

Brian Heater / TechCrunch: Google open sources PebbleOS, paving the way for more smartwatch hardware; Pebble founder Eric Migicovsky aims to develop a new smartwatch  —  Four years after launching the (then) most lucrative crowdfunding campaign in Kickstarter’s history, Pebble abruptly ended. Lees verder op Tech Meme

Financial Times: Tech stocks fall sharply over DeepSeek concerns, with NVDA down 18%+, AVGO down 19%+, TSM down 14%+, AMD down 6%+, ASML down 7%+, and MSFT down 3%+  —  Start-up’s model raises questions about need for huge western hardware investment  —  Tech stocks tumbled on Monday as advances … Lees verder op Tech Meme

Bloomberg: Sources: some banks led by Morgan Stanley are in talks to sell up to $3B of senior secured debt tied to Twitter’s buyout, boosted by a claim to a ~$6B xAI stake  —  – Morgan Stanley leads lenders selling debt tied to X buyout  — Creditors said to be told they’ll have claim to AI stake Lees verder op Tech Meme

Financial Times: Tech stocks fall sharply over DeepSeek concerns, with NVDA down 17%+, AVGO down 19%+, TSM down 14%+, AMD down 6%+, ASML down 7%+, and MSFT down 3%+  —  Start-up’s model raises questions about need for huge western hardware investment  —  Tech stocks tumbled on Monday as advances … Lees verder op Tech Meme