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Tech Meme

A jailed Saudi dissident's sister sues Twitter under RICO, arguing repeated security failures let staff reveal his ID and thousands of others' to Saudi Arabia (Joseph Menn/Washington Post) 16-05-2023

Joseph Menn / Washington Post: A jailed Saudi dissident’s sister sues Twitter under RICO, arguing repeated security failures let staff reveal his ID and thousands of others’ to Saudi Arabia  —  SAN FRANCISCO — The sister of an imprisoned Saudi dissident filed suit against Twitter Tuesday, arguing that it broke the law … Lees verder op Tech Meme

River Financial, which offers Bitcoin brokerage, mining, wallet, and custody services, raised a $35M Series B led by Kingsway Capital; Peter Thiel also invested (Brandy Betz/CoinDesk) 16-05-2023

Brandy Betz / CoinDesk: River Financial, which offers Bitcoin brokerage, mining, wallet, and custody services, raised a $35M Series B led by Kingsway Capital; Peter Thiel also invested  —  The Series B funding for the Bitcoin financial services provider was led by Kingsway Capital. Lees verder op Tech Meme

The US announces charges, sanctions, and a $10M reward for info leading to the arrest of Russian national Mikhail Matveev, a Babuk ransomware gang operative (Spencer S. Hsu/Washington Post) 16-05-2023

Spencer S. Hsu / Washington Post: The US announces charges, sanctions, and a $10M reward for info leading to the arrest of Russian national Mikhail Matveev, a Babuk ransomware gang operative  —  The Justice, Treasury and State departments announced a crackdown on global ransomware figure Mikhail Matveev … Lees verder op Tech Meme

Hippocratic AI, which is building an LLM for health care, raised a $50M seed co-led by General Catalyst and a16z at a valuation in the “triple digit millions” (Kyle Wiggers/TechCrunch) 16-05-2023

Kyle Wiggers / TechCrunch: Hippocratic AI, which is building an LLM for health care, raised a $50M seed co-led by General Catalyst and a16z at a valuation in the “triple digit millions”  —  AI, specifically generative AI, has the potential to transform healthcare.  —  At least, that sales pitch … Lees verder op Tech Meme

Meta spins out CRM company Kustomer, which the company acquired for ~$1B in a deal that closed in 2022; Kustomer raises $60M at a reported $250M valuation (Ingrid Lunden/TechCrunch) 16-05-2023

Ingrid Lunden / TechCrunch: Meta spins out CRM company Kustomer, which the company acquired for ~$1B in a deal that closed in 2022; Kustomer raises $60M at a reported $250M valuation  —  Meta’s grand experiment in building an enterprise-ready customer service platform has come to a close: the parent of Facebook … Lees verder op Tech Meme

Auradine, a web infrastructure startup focused on decentralized app tech like zero-knowledge proofs, raised a $81M Series A led by Celesta Capital and Mayfield (Brandy Betz/CoinDesk) 16-05-2023

Brandy Betz / CoinDesk: Auradine, a web infrastructure startup focused on decentralized app tech like zero-knowledge proofs, raised a $81M Series A led by Celesta Capital and Mayfield  —  Marathon’s CEO, Fred Thiel, sits on the board of the web infrastructure startup.  —  Auradine, a Silicon Valley-based provider … Lees verder op Tech Meme

Hippocratic AI, which is building an LLM for health care, raised a $50M seed co-led by General Catalyst and a16z at a “triple digit millions” valuation (Kyle Wiggers/TechCrunch) 16-05-2023

Kyle Wiggers / TechCrunch: Hippocratic AI, which is building an LLM for health care, raised a $50M seed co-led by General Catalyst and a16z at a “triple digit millions” valuation  —  AI, specifically generative AI, has the potential to transform healthcare.  —  At least, that sales pitch from Hippocratic Health … Lees verder op Tech Meme

A jailed Saudi dissident's sister sues Twitter under the RICO Act, arguing its negligence let staff reveal his identity and thousands of others' to Saudi agents (Joseph Menn/Washington Post) 16-05-2023

Joseph Menn / Washington Post: A jailed Saudi dissident’s sister sues Twitter under the RICO Act, arguing its negligence let staff reveal his identity and thousands of others’ to Saudi agents  —  SAN FRANCISCO — The sister of an imprisoned Saudi dissident filed suit against Twitter Tuesday, arguing that it broke the law … Lees verder op Tech Meme

Futu and Tiger Brokers, Nasdaq-listed online brokerages that cater to clients in mainland China, plan to exit Chinese app stores and stop signing up new users (James T. Areddy/Wall Street Journal) 16-05-2023

James T. Areddy / Wall Street Journal: Futu and Tiger Brokers, Nasdaq-listed online brokerages that cater to clients in mainland China, plan to exit Chinese app stores and stop signing up new users  —  The online brokerages earlier agreed to stop accepting new customers from mainland China  —  Two Nasdaq-listed online brokerages … Lees verder op Tech Meme

Sam Altman tells Congress that AI regulation is “essential” but must let companies be flexible and adapt to new tech, recommends safety measures, and more (Cristina Criddle/Financial Times) 16-05-2023

Cristina Criddle / Financial Times: Sam Altman tells Congress that AI regulation is “essential” but must let companies be flexible and adapt to new tech, recommends safety measures, and more  —  OpenAI’s chief executive Sam Altman will tell US lawmakers on Tuesday that regulation of artificial intelligence must allow companies … Lees verder op Tech Meme