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Tech Meme

A Binance executive says recent US crypto actions have been “very confusing” and the exchange will do “everything we possibly can” to be regulated in the UK (Financial Times) 10-05-2023

Financial Times: A Binance executive says recent US crypto actions have been “very confusing” and the exchange will do “everything we possibly can” to be regulated in the UK  —  World’s largest cryptocurrency exchange says it is ‘very difficult’ to do business in US after moves by Washington regulators Lees verder op Tech Meme

Roblox reports Q1 revenue up 22% YoY to $655.3M, bookings up 23% YoY to $773.8M, DAUs up 22% YoY to 66M, and a $268M loss, up from $160.2M in Q1 2022 (Rohan Goswami/CNBC) 10-05-2023

Rohan Goswami / CNBC: Roblox reports Q1 revenue up 22% YoY to $655.3M, bookings up 23% YoY to $773.8M, DAUs up 22% YoY to 66M, and a $268M loss, up from $160.2M in Q1 2022  —  – Roblox beat analyst expectations on the top line but reported a wider-than-expected loss per share of 44 cents. Lees verder op Tech Meme

A profile of Dark Avenger, a pseudonymous PC virus writer from Bulgaria who gained notoriety in the 1990s after the country became known as the “virus factory” (Scott J Shapiro/The Guardian) 10-05-2023

Scott J Shapiro / The Guardian: A profile of Dark Avenger, a pseudonymous PC virus writer from Bulgaria who gained notoriety in the 1990s after the country became known as the “virus factory”  —  Bulgaria in the 1980s became known as the ‘virus factory’, where hundreds of malicious computer programs were unleashed to wreak havoc. Lees verder op Tech Meme

Sources: ByteDance postpones opening TikTok Shop to US sellers, planned for spring, to June at the earliest after the service struggled to attract merchants (Raffaele Huang/Wall Street Journal) 10-05-2023

Raffaele Huang / Wall Street Journal: Sources: ByteDance postpones opening TikTok Shop to US sellers, planned for spring, to June at the earliest after the service struggled to attract merchants  —  Doubts over app’s future and tepid adoption of live-streaming e-commerce in the U.S. slow plans for full launch Lees verder op Tech Meme

Binance launches Capital Connect to connect VIP clients and investment fund managers; the exchange has 128M users, of which VIPs are a “very small percentage” (Yogita Khatri/The Block) 10-05-2023

Yogita Khatri / The Block: Binance launches Capital Connect to connect VIP clients and investment fund managers; the exchange has 128M users, of which VIPs are a “very small percentage”  —  – Binance has launched a new platform called Capital Connect to facilitate connections between its VIP clients and investment fund managers. Lees verder op Tech Meme

How Japan-based Rapidus is trying to become a globally competitive chipmaker by 2027, aiming to mass produce 2nm chips just two years after TSMC and Samsung (Bloomberg) 10-05-2023

Bloomberg: How Japan-based Rapidus is trying to become a globally competitive chipmaker by 2027, aiming to mass produce 2nm chips just two years after TSMC and Samsung  —  Tetsuro Higashi is taking on what seems like an impossible task: Create a globally competitive semiconductor manufacturer in Japan from scratch – and do it in four years. Lees verder op Tech Meme

A US judge dismissed a shareholder lawsuit against Block over its 2021 Tidal acquisition, saying the company was “free to make a terrible business decision” (Randall Chase/Associated Press) 10-05-2023

Randall Chase / Associated Press: A US judge dismissed a shareholder lawsuit against Block over its 2021 Tidal acquisition, saying the company was “free to make a terrible business decision”  —  A Delaware judge has dismissed a shareholder lawsuit against financial technology company Block Inc. over its 2021 acquisition … Lees verder op Tech Meme

“Religious” chatbots, based on the Bhagavad Gita, emerge in India, with millions using them, some answering ~50K questions per day and others condoning violence (Nadia Nooreyezdan/Rest of World) 10-05-2023

Nadia Nooreyezdan / Rest of World: “Religious” chatbots, based on the Bhagavad Gita, emerge in India, with millions using them, some answering ~50K questions per day and others condoning violence  —  Claiming wisdom based on the Bhagavad Gita, the bots frequently go way off script.  —  • NEW DELHI, INDIA Lees verder op Tech Meme

Chinese DRAM chipmaker ChangXin plans a Shanghai IPO, sources say after receiving assurances over exemptions from US export controls for its equipment (Financial Times) 10-05-2023

Financial Times: Chinese DRAM chipmaker ChangXin plans a Shanghai IPO, sources say after receiving assurances over exemptions from US export controls for its equipment  —  ChangXin Memory Technologies to raise funds for production expansion following assurance on American equipment supplies Lees verder op Tech Meme

OpenAI CEO Sam Altman will testify to Congress for the first time on May 16 over AI safeguards alongside IBM VP Christina Montgomery and professor Gary Marcus (Cristiano Lima/Washington Post) 10-05-2023

Cristiano Lima / Washington Post: OpenAI CEO Sam Altman will testify to Congress for the first time on May 16 over AI safeguards alongside IBM VP Christina Montgomery and professor Gary Marcus  —  Sam Altman, the OpenAI chief, will appear for the first time as AI scrutiny soars in Washington Lees verder op Tech Meme