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

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

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

David Heinemeier Hansson / HEY: Automattic demanding an 8% cut of WP Engine’s revenue is a wanton violation of general open source ideals, and the damage could extend far beyond WordPress  —  Automattic demanding 8% of WP Engine’s revenues because they’re not “giving back enough” to WordPress is a wanton violation … Lees verder op Tech Meme

Coco Feng / South China Morning Post: ByteDance launches its first earbuds, the open-ear wearables called Ola Friend, designed as an audio assistant, shipping on October 17 in China for ~$170  —  The Ola Friend earphones are linked to ByteDance’s self-developed chatbot, Doubao, currently China’s most popular GenAI app 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

Margaux MacColl / TechCrunch: An interview with Shield AI co-founder Brandon Tseng on the startup’s mission of building the world’s best AI pilot, the ethics of military AI use, and more  —  About two months ago, Shield AI co-founder Brandon Tseng and one of his employees were in an Uber weaving through Kyiv, Ukraine. Lees verder op Tech Meme