Tech Meme

Financial Times: Sources: Cantor’s Brandon Lutnick, son of the US commerce secretary, seeks to form a $3B BTC acquisition vehicle with SoftBank, Tether, and Bitfinex as partners  —  Investment vehicle backed by son of commerce secretary comes as US adopts more favourable policy on digital currency Lees verder op Tech Meme

Bloomberg: Source: Intel is set to announce plans this week to cut 20%+ of its staff, its first major restructuring under Lip-Bu Tan; it had 108,900 workers in Dec. 2024  —  Intel Corp. is poised to announce plans this week to cut more than 20% of its staff, aiming to eliminate bureaucracy at the struggling chipmaker … Lees verder op Tech Meme

Ronan Shields / Digiday: Google says it will continue offering users the choice of third-party cookies in Chrome and will not roll out a new standalone prompt for them  —  In a shocking development, Google won’t roll out a new standalone prompt for third-party cookies in Chrome, meaning ad tech companies can still use … Lees verder op Tech Meme

Aisha Malik / TechCrunch: Superpower, which uses AI for personalized health overviews and offers biannual lab testing that analyzes 100+ blood biomarkers, launches with a $30M Series A  —  A startup called Superpower is publicly launching what it calls the world’s first super app that is designed to help people better understand and take care of their health. Lees verder op Tech Meme

Bloomberg: US v. Google: OpenAI’s ChatGPT chief, Nick Turley, says the company would be interested in buying Chrome from Google if a federal court orders it to be spun off  —  OpenAI would be interested in buying Google’s Chrome browser if a federal court orders it to be spun off, the head of ChatGPT said in a court hearing Tuesday. Lees verder op Tech Meme

Bloomberg: US v. Google: an OpenAI exec says Google declined to let OpenAI access its search index; a DOJ remedy proposal would make Google share its index with rivals  —  OpenAI’s Nick Turley said the company never intended to simply create a chatbot like its popular ChatGPT, and instead wanted to deliver a … Lees verder op Tech Meme

Christina Kyriasoglou / Bloomberg: SAP reports Q1 cloud revenue up 26% YoY to €4.99B, vs. €5.05B est., and adjusted operating income up 58% to €2.5B, beating estimates; SAP jumps 9%+ after hours  —  Adjusted operating income rose to €2.5 billion ($2.9 billion), up 58% when holding currencies constant … Lees verder op Tech Meme

Allie Garfinkle / Fortune: Supabase, an open-source alternative to Google’s Firebase that’s used by 2M developers, raised a $200M Series D led by Accel at a $2B valuation  —  Supabase cofounders Ant Wilson and Paul Copplestone.  —  Supabase  —  Paul Copplestone didn’t think things like this actually happened. Lees verder op Tech Meme

Tony Maglio / The Hollywood Reporter: WBD rolls out a $7.99/month Extra Member Add-On for US Max subscribers, about two years after Netflix made a similar move to crack down on password sharing  —  U.S. users can also transfer their existing (adult) profile to the extra member account.  —  Max rolled out an “Extra Member Add-On” feature for U.S. subscribers on Tuesday. Lees verder op Tech Meme

Bill Toulas / BleepingComputer: SK Telecom, South Korea’s largest telecom, says hackers accessed USIM-related customer info, potentially useful in SIM swap attacks and targeted surveillance  —  South Korea’s largest mobile operator, SK Telecom, is warning that a malware infection allowed threat actors to access sensitive USIM-related information for customers. Lees verder op Tech Meme