Tech Meme

Joshua Franklin / Financial Times: Plaid hires former Expedia Chief Financial Officer Eric Hart as its first CFO, a milestone in its IPO plans after a failed $5.3B sale to Visa in 2021  —  Start-up appoints former Expedia CFO two years after failed sale to Visa  —  US financial technology start-up Plaid has hired … Lees verder op Tech Meme

Wall Street Journal: At a conference, Sam Altman and other tech leaders say AI may lead to seismic workforce changes, eliminating many professions, a hard sell to those affected  —  At WSJ Tech Live, Sam Altman said coming workforce changes will play out unevenly  —  LAGUNA BEACH, Calif. … Lees verder op Tech Meme

Matt Mullenweg: While X charging users $1/year to combat bots and spam is an appealing idea, the value in manipulating X is so high that bad actors will still find a way  —  Twitter/X is testing charging users $1/year with the idea that will keep out bots and spam.  It’s an appealing idea … Lees verder op Tech Meme

Financial Times: UK and Chinese officials say China plans to attend the AI summit at Bletchley Park in December, despite controversy over alleged spying by Beijing in the UK  —  Rishi Sunak is keen to bring together world leaders and tech executives to define governance of new technology Lees verder op Tech Meme

Arjun Kharpal / CNBC: ASML reports Q3 revenue up 15.5% YoY to €6.67B, vs. €6.71B est., net profit up 11% YoY to €1.89B, vs. €1.8B est., and forecasts flat 2024 revenue growth  —  – ASML reported a profit decline in the third quarter, but beat estimates as it forecast 2024 revenue will be flat. Lees verder op Tech Meme

Katie Notopoulos / MIT Technology Review: Federated networks like Mastodon and a growing acceptance of paying for content may help move people away from big social platforms and improve online discourse  —  If we want online discourse to improve, we need to move beyond the big platforms.  —  We’re in a very strange moment for the internet. Lees verder op Tech Meme

Arriana McLymore / Reuters: Amazon now has 10,000 Rivian electric delivery vehicles in the US and Europe, up from 5,000 in July 2023; Amazon aims to have 100K+ Rivian vans by 2030  —  Amazon.com (AMZN.O) has 10,000 Rivian electric delivery vehicles making routes across the U.S. and Europe, the company said during a business presentation on Tuesday. Lees verder op Tech Meme

Elizabeth Lopatto / The Verge: In cross-examining Nishad Singh, SBF’s defense finally picked holes in a US witness, pointing out that Singh used a $3.7M FTX loan of user funds to buy a house  —  Nishad Singh looks less reliable.  Is it enough? … Of Sam Bankman-Fried’s alleged co-conspirators, Nishad Singh gave the most emotionally compelling testimony. Lees verder op Tech Meme

Suzanne Smalley / The Record: Privacy experts say that US state laws requiring data brokers to register are not adequately enforced, letting large numbers of brokers operate under the radar  —  Laws requiring data brokers to register are catching on at the state government level, but so far they have not been adequately enforced … Lees verder op Tech Meme

Arjun Kharpal / CNBC: ASML reports Q3 revenue up 15.5% YoY to €6.67B, vs. €6.71B est., net profit up 11% YoY to €1.89B, vs. €1.8B est., and forecasts flat 2024 revenue growth  —  – ASML reported a profit decline in the third quarter, but beat estimates as it forecast 2024 revenue will be flat. Lees verder op Tech Meme