Tech Meme

Cory Weinberg / The Information: Source: Instacart generated ~$740M in 2022 ad revenue, up 30% YoY; nearly 30% of the company’s 2022 revenue came from its ads unit, which launched in 2019  —  Instacart has become an advertising powerhouse.  —  The grocery-delivery firm’s ad revenue totaled about $740 million last year … Lees verder op Tech Meme

Katharine Gemmell / Bloomberg: The UK sentences Tejay Fletcher, the mastermind behind phone number spoofing service iSpoof, which scammed victims out of ~£100M, to over 13 years in prison  —  The mastermind behind a global “spoofing shop” that scammed victims out of as much as £100 million ($124 million) … Lees verder op Tech Meme

Ezra Marcus / Grub Street: Restaurant chefs are increasingly designing food that plays well on video for influencers on TikTok, Instagram Reels, and YouTube that market to young diners  —  The most important social-media food genre of the past decade is photos of avocado toast, bright and colorful and clean. Lees verder op Tech Meme

Harry McCracken / Fast Company: A look at Apple’s Personal Voice, an accessibility feature that lets ALS patients digitize their voices on an iPhone, iPad, or Mac, set to arrive later in 2023  —  Among the many challenges people living with amyotrophic lateral sclerosis (ALS) face is its impact on their speech. Lees verder op Tech Meme

Tage Kene-Okafor / TechCrunch: Sources: Lagos-based Sabi, which provides a marketplace, inventory management tools, and more to SMEs in Africa, raised a $38M Series B at a $300M valuation  —  Sabi, a Lagos-based B2B e-commerce startup providing digital commerce infrastructure to Africa’s informal economy … Lees verder op Tech Meme

Sam Tobin / Reuters: A UK court throws out a case against Google over the transfer of 1.6M patients’ medical records by an NHS trust to DeepMind in 2015 and their alleged misuse  —  Google on Friday defeated a lawsuit brought on behalf of 1.6 million people over medical records provided to the U.S. tech giant by a British hospital trust. Lees verder op Tech Meme

Manish Singh / TechCrunch: Indian authorities give Krafton a “trial approval” for three months to relaunch BGMI, a year after the country banned the battle royale game a second time  —  The South Korean giant Krafton has secured the approval from the Indian authorities to resume operations of Battlegrounds Mobile India … Lees verder op Tech Meme

Wall Street Journal: Sources and docs: nonprofit fund Veritas Society used geofencing around abortion clinics to serve visitors anti-abortion Facebook, Instagram, and Snapchat ads  —  Wisconsin group used precise geolocation data until last year to direct ads to women it suspected of seeking abortions Lees verder op Tech Meme

Byron Kaye / Reuters: The Australian Securities Exchange will no longer attempt to rebuild its software using blockchain, after “pausing” seven years of development in November 2022  —  Australia’s stock market operator said it will no longer attempt to rebuild its software platform with blockchain-based technology … Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: Restaurant365, which sells restaurant management software, raised $135M led by KKR and L Catterton at a $1B+ valuation, bringing its total funding to $288M  —  The price of food continues to go up and up, but surprisingly that hasn’t (yet?) played out as pressure on the wider restaurant industry. Lees verder op Tech Meme