Tech Meme

Jane Zhang / Bloomberg: Alibaba reports Q4 revenue up 2% YoY to ~$30.3B, a ~$3.2B net income, up from a ~$2.9B net loss in Q4 2022, and plans to spin off its cloud unit and IPO others  —  Alibaba Group Holding Ltd. will begin exploring initial public offerings for its logistics and grocery arms … Lees verder op Tech Meme

Diana Li / Bloomberg: Grammarly announces Grammarly Business, which uses generative AI to summarize key points in email threads, compose replies, and more, rolling out in June 2023  —  Grammarly Inc., a software company known for its writing assistant, is trying to expand its business to the office by harnessing artificial intelligence. Lees verder op Tech Meme

Temitayo Lawal / Rest of World: A look at eNaira, Nigeria’s 18-month-old government-backed digital currency that hasn’t converted crypto users and has been hindered by limited internet access  —  The government-backed eNaira, meant as a hedge against inflation, hasn’t converted crypto users and has been hindered by limited internet access. Lees verder op Tech Meme

Colin Wilhelm / The Block: FTX sues Sam Bankman-Fried, Gary Wang, and Nishad Singh, claiming the trio knew Alameda was insolvent when acquiring clearing platform Embed for nearly $250M  —  – FTX’s current leadership claims that Bankman-Fried and other executives knew that Alameda Research was insolvent when it finalized … Lees verder op Tech Meme

New York Times: Meta’s unusual decision to open-source LLaMA marks a different approach from rivals, driven by the belief that the move will help increase its influence in AI  —  The tech giant has publicly released its latest A.I. technology so people can build their own chatbots.  Rivals like Google say that approach can be dangerous. Lees verder op Tech Meme

Jane Zhang / Bloomberg: Alibaba reports Q4 revenue up 2% YoY to ~$30B, ~$3.2B net income, up from a ~$2.6B loss in Q4 2022, and plans to spin off its cloud unit and take others public  —  Alibaba Group Holding Ltd. will begin exploring initial public offerings for its logistics and grocery arms … Lees verder op Tech Meme

Washington Post: A survey of 70 cybersecurity experts: 64% favored reauthorization of FISA’s Section 702, set to expire at the end of 2023, with some kind of change  —  Welcome to The Cybersecurity 202!  It’s good to be back from Denver.  There, a 6-year-old repeatedly defeated me and/or incapacitated … Lees verder op Tech Meme

Suvashree Ghosh / Bloomberg: Binance Australia can no longer offer Aussie dollar deposits due to a decision by Cuscal, “our payment processor’s partner bank”, and warns of disruptions  —  The Australian arm of crypto exchange Binance suffered a setback on Thursday after the local platform lost access … Lees verder op Tech Meme

Mark Gurman / Bloomberg: Sources detail Apple’s headset ahead of WWDC: a shift from a vision of eyeglasses to ski goggles, Tim Cook’s design noninvolvement, selling at cost, and more  —  Many times throughout its history, Apple Inc. has redefined consumer technology by breathing new life into an existing category … Lees verder op Tech Meme

The Record: Q&A with FBI’s Bryan Smith on how the agency generated over 300 decryption keys from Hive’s servers and gave them to victims, saving ~$130M in ransom payments  —  While there was excitement when they actually got that access, there was no time to kind of enjoy that moment … Lees verder op Tech Meme