Tech Meme

Bloomberg: Tesla plans a software update for ~1.2M cars in China, around half its fleet in the country, to address power steering and rear-view camera issues  —  A potential malfunction of the cars’ rear-view cameras could meanwhile impair drivers’ fields of vision when reversing, increasing the risk of collisions. Lees verder op Tech Meme

Financial Times: Sources: OpenAI faces challenges in transitioning into a for-profit company, including valuing Microsoft’s stake; its new charitable arm could be worth $30B  —  ChatGPT-maker in complex talks over splitting from its non-profit arm in move opposed by Elon Musk Lees verder op Tech Meme

New York Times: Instagram and Facebook removed posts from two abortion pill providers; Instagram also suspended accounts; Meta confirmed and restored some of the accounts  —  Some posts related to obtaining abortion pills were recently hidden on Instagram and Facebook and some accounts were suspended, before being later restored. Lees verder op Tech Meme

Kyle Chan / High Capacity: How China’s progress across a range of overlapping industries like smartphones, AI, robotics, and drones creates a mutually reinforcing feedback loop  —  EVs, batteries, lidar, drones, robotics, smartphones, AI.  China’s progress across a range of overlapping industries creates a mutually reinforcing feedback loop. Lees verder op Tech Meme

Manish Singh / TechCrunch: PE firm Everstone acquires Delhi-based Wingify, whose flagship product Visual Website Optimizer helps businesses improve online conversion rates, for $200M  —  Private equity firm Everstone has reached a deal to acquire a majority stake in Wingify, one of India’s earliest bootstrapped software … Lees verder op Tech Meme

Akila Quinio / Financial Times: HSBC shuts Zing, its payments app launched in January 2024 to compete with Revolut and Wise, marking the latest failed fintech venture by a traditional bank  —  Closure marks latest failed fintech effort by traditional bank  —  HSBC is shutting its payments app Zing just a year after it launched … Lees verder op Tech Meme

Donald Judd / CNN: Trump shrugs off Elon Musk’s criticism of AI announcement: ‘He hates one of the people’  —  President Donald Trump on Thursday shrugged off an ugly back-and-forth between tech CEOs Elon Musk and Sam Altman that pitted one of Trump’s most visible lieutenants against a key participant … Lees verder op Tech Meme

Politico: Although Trump downplayed Elon Musk’s Stargate criticism, assuring reporters “they’re putting up the money”, key White House sources say they’re furious at Musk  —  “It’s clear he has abused the proximity to the president,” said one ally of the president. Lees verder op Tech Meme

Financial Times: Sources: OpenAI faces challenges in transitioning to for-profit status, including valuing Microsoft’s stake; its charitable arm could be worth $30B  —  ChatGPT-maker in complex talks over splitting from its non-profit arm in move opposed by Elon Musk  —  OpenAI’s board is locked … Lees verder op Tech Meme

Ian King / Bloomberg: Texas Instruments reports Q4 revenue down 1.7% YoY to $4.01B, net income down 12% YoY to $1.2B, and projects Q1, 2025 sales between $3.74B and $4.06B  —  – Factory expansion weighs on chipmaker’s profit projection  — Tepid outlook follows better-than-expected quarterly results Lees verder op Tech Meme