Tech Meme

Reuters: LG Display agrees to sell its stake in its large LCD display plant in China to TCL’s LCD unit CSOT for ~$1.54B; LG will now no longer make LCD panels in China  —  South Korea’s LG Display (034220.KS) said on Thursday it had agreed to sell its stake in its large liquid crystal display (LCD) … Lees verder op Tech Meme

Bloomberg: Sources: Robinhood and Revolut are exploring offering their own stablecoins; Tether’s USDT has grown to $120B, accounting for over two-thirds of market value  —  – Tether’s USDT accounts for over two-thirds of market value  — BitGo executive sees ‘hyper-fragmentation’ of stablecoins Lees verder op Tech Meme

Billy Steele / Engadget: Samsung unveils the 14.6 Galaxy Tab S10 Ultra and 12.4 Galaxy Tab S10+, which are “built with AI enhancements”, available for $1,200+ and $999+, respectively  —  Both have similar spec sheets, so display size is the key difference.  —  Samsung is once again expanding its tablet lineup … Lees verder op Tech Meme

Ben Schoon / 9to5Google: Samsung unveils the $649+ Galaxy S24 FE, a “Fan Edition” value-focused version of the S24 with a 6.7 display, Exynos 2400e, and 8GB of RAM, in five colors  —  Samsung has just unveiled the Galaxy S24 FE, its latest “Fan Edition” smartphone, but with a questionable value proposition for those “fans.” Lees verder op Tech Meme

Meir Orbach / CTech: Israel-based GEOX, which uses AI to analyze real estate risk from climate-related disasters, raised a $19M Series A, bringing its total funding to $23M  —  The Israeli startup’s technology uses artificial intelligence to conduct 3D analysis of aerial imagery, enabling automated and highly accurate assessments of real estate properties. Lees verder op Tech Meme

Jagmeet Singh / TechCrunch: Google updates its AI note-taking assistant NotebookLM to let users get summaries of YouTube videos and audio files, and create sharable AI audio discussions  —  Google on Thursday announced new updates to its AI note-taking and research assistant, NotebookLM, allowing users to get summaries … Lees verder op Tech Meme

Emma Roth / The Verge: California Governor Gavin Newsom signed AB 2426, which forces digital stores to tell customers they are getting a revocable license when “buying” digital media  —  California Governor Gavin Newsom has signed a law (AB 2426) to combat “disappearing” purchases of digital games, movies, music, and ebooks. Lees verder op Tech Meme

Rebecca Szkutak / TechCrunch: A look at some exciting startups from Day 1 of YC’s AI-heavy two-day S24 Demo Day, including estate planning startup Elayne and clinical trial startup Baseline  —  Famed Silicon Valley startup accelerator Y Combinator on Wednesday kicked off its two-day “Demo Day” event that showcases … Lees verder op Tech Meme

Liz Stinson / Fast Company: An interview with Rabbit founder Jesse Lyu on the Rabbit R1, criticisms of the AI device, bad reviews, and more; Lyu says ~5,000 people now use the R1 daily  —  In a frank conversation at the Fast Company Innovation Festival, Ammunition’s Robert Brunner and Rabbit’s Jesse Lyu unpacked AI hardware’s slow start. Lees verder op Tech Meme

Bloomberg: Sources: Tencent is the unidentified shareholder that raised about $206M after selling Chinese brokerage-platform Futu’s American depositary shares  —  – Chinese tech firm selling Futu shares at premium to last close  — Shareholders in some Chinese companies have been cashing out Lees verder op Tech Meme