Tech Meme

Anirban Sen / Reuters: Sources: SoftBank has acquired a 25% stake in Arm from its Vision Fund unit at a $64B valuation and will make the chip designer’s IPO filing public on Monday  —  SoftBank Group Corp (9984.T) has acquired the 25% stake in Arm Ltd it does not directly own from its Vision Fund unit in a deal … Lees verder op Tech Meme

Zeke Faux / Bloomberg: An excerpt from the book Number Go Up traces “wrong number” texts to Chinese gangs in Cambodia and Myanmar using forced labor to run pig butchering Tether scams  —  The mysterious WhatsApp message arrived one night in August 2022, while I was out at a bar with a friend: “Hi David, I’m Vicky Ho don’t you remember me?” Lees verder op Tech Meme

Simon Sharwood / The Register: Private equity firm EQT plans to take German software company SUSE private at €16/share, below its 2021 IPO’s €30 price but above August 17’s €9.6 closing price  —  Buyout offer is at €16 per share, compared to €30 at its 2021 IPO  —  Linux-loving software house SUSE … Lees verder op Tech Meme

Zeba Siddiqui / Reuters: Mandiant: the use of AI-generated images and video in politically motivated online influence campaigns has grown in recent years but overall use remains limited  —  Google-owned U.S. cybersecurity firm Mandiant said on Thursday it had seen increasing use of artificial intelligence (AI) … Lees verder op Tech Meme

Bloomberg: Email: Amazon offers some creators up to $12,500 for 500 videos, or $25 per video, for its TikTok-like shopping feed; creators typically charge $200+ per video  —  – Content creators typically charge more than $200 a pop  —  Amazon.com Inc., looking to amp up its TikTok-like shopping feed … Lees verder op Tech Meme

Taylor Hatmaker / TechCrunch: Twitch plans to roll out a long-requested anti-harassment feature within weeks that automatically blocks a streamer’s banned users from watching their streams  —  Twitch’s chat ban tools have been around for ages, but the platform is about to hand streamers a way to control who can watch a stream to begin with. Lees verder op Tech Meme

Simon Sharwood / The Register: PE firm EQT plans to take the German software company SUSE private at €16/share, below the €30 price of its 2021 IPO but above Thursday’s closing price of €9.6  —  Buyout offer is at €16 per share, compared to €30 at its 2021 IPO  —  Linux-loving software house SUSE … Lees verder op Tech Meme

Kevin McLaughlin / The Information: Sources: Meta is preparing to release “Code Llama”, a free, open-source code-generating AI model based on Llama 2, as soon as next week, to rival OpenAI’s Codex  —  Meta Platforms is preparing to launch software to help developers automatically generate programming code … Lees verder op Tech Meme

CNN: Lyft and Uber threaten to leave Minneapolis if the mayor signs a minimum wage ordinance by August 23 mandating at least $1.40/mile and $0.51/minute for drivers  —  New York CNN —  —  Lyft and Uber threatened to stop doing business in Minneapolis after the city council adopted a new rule Thursday … Lees verder op Tech Meme

Bloomberg: Email: Amazon is offering $12,500 to some creators for 500 videos, or $25 a video, for its TikTok-like shopping feed; creators typically charge $200+ per video  —  – Content creators typically charge more than $200 a pop  —  Amazon.com Inc., looking to amp up its TikTok-like shopping feed … Lees verder op Tech Meme