Lillian Rizzo / CNBC: Elon Musk names ex-NBCUniversal ad chief Linda Yaccarino as Twitter’s CEO, to focus on business operations; Musk will focus on “product design & new technology” — – Former NBCUniversal advertising chief Linda Yaccarino will be Twitter’s next CEO. Lees verder op Tech Meme
Andrew Rummer / The Block: Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail on a €400K bail, pending a trial; the prosecution can appeal — – Terraform Labs co-founder Do Kwon is set to be freed from jail pending trial after a court agreed to a €400,000 ($436,000) … Lees verder op Tech Meme
Financial Times: Doc: the EU plans to lay a €45M internet cable in the Black Sea to improve connectivity to Georgia and reduce its “dependency” on lines running through Russia — Move to improve connectivity to Georgia amid global concerns over spying and sabotage Lees verder op Tech Meme
Aidan Ryan / The Information: Sources: Binance.US and Changpeng Zhao are exploring ways to reduce Zhao’s majority company stake, hoping to improve Binance.US’ standing before US regulators — Binance.US and Changpeng Zhao, the crypto exchange’s founder, majority owner and chair, have been exploring ways to reduce his stake … Lees verder op Tech Meme
New York Times: An ex-ByteDance exec in the US sues for wrongful termination, accusing it of stealing rivals’ content and giving the Chinese Communist Party “supreme access” — The former executive sued ByteDance, which owns TikTok, for wrongful termination and accused the company of lifting content … Lees verder op Tech Meme
Washington Post: A profile of Linda Yaccarino, who has vast experience in ad partnerships, praised Elon Musk publicly, and told colleagues that people get hung up on his tweets — Twitter has struggled to generate revenue since Musk took over as CEO, as advertisers have fretted over his sweeping rollbacks of content moderation. Lees verder op Tech Meme
Rosie Perper / CoinDesk: NYC-based Tessera, the collective NFT ownership and governance service that launched as Fractional with $20M from Paradigm and others, plans to shut down — Co-founder Andy Chorlian tweeted that the decision was made after “carefully analyzing possible market scenarios, our company structure and our financial situation.” Lees verder op Tech Meme
Washington Post: A profile of Linda Yaccarino, who has vast experience in ad partnerships and has praised Musk publicly, telling colleagues people get hung up on his tweets — Twitter has struggled to generate revenue since Musk took over as CEO, as advertisers have fretted over his sweeping rollbacks of content moderation. Lees verder op Tech Meme
Ben Schoon / 9to5Google: Google Bard is now available in 180 countries but not in the EU or Canada; Google says the chatbot will be made available “consistent with local regulations” — Yesterday at Google I/O 2023, it was announced that Google Bard would be undergoing a massive expansion, bringing the AI chatbot experiment to 180 countries. Lees verder op Tech Meme
Andrew Rummer / The Block: Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail on a €400K bail, pending a trial; the prosecution can appeal — – Terraform Labs co-founder Do Kwon is set to be freed from jail pending trial after a court agreed to a €400,000 ($436,000) … Lees verder op Tech Meme