Tech Meme

Gerrit De Vynck / Washington Post: A profile of James Manyika, Google’s first SVP of Technology and Society, who signed a statement warning AI poses a “risk of extinction” to humanity  —  MOUNTAIN VIEW, Calif. — Amid the excited hype about artificial intelligence at Google’s annual developer conference in May … Lees verder op Tech Meme

Will Louch / Financial Times: Moove, which provides vehicle financing to ride-hailing drivers in Africa, the UK, India, and the UAE, raises $76M in equity and debt at a $550M valuation  —  Vehicle financing start-up aims to raise $76mn in equity and debt from investor group that includes BlackRock Lees verder op Tech Meme

Rosie Perper / CoinDesk: Y00ts, once among the top Solana-based NFT projects and which moved to Polygon in 2022, says it is migrating to Ethereum and will return the $3M Polygon grant  —  The popular project, which started out on Solana and migrated to Polygon earlier this year, said it would return 100% of the grant money it received. Lees verder op Tech Meme

Tom Mitchelhill / Cointelegraph: Fireblocks discloses BitForge, a set of zero-day flaws affecting widely-used crypto wallet providers; Coinbase, Binance, and Zengo have patched BitForge flaws  —  Fireblocks said the vulnerabilities affecting Coinbase, Binance and Zengo have since been fixed and has reached out to more than 12 others still at risk. Lees verder op Tech Meme

Reuters: PE firm Symphony Technology Group agrees to acquire media editing software maker Avid for ~$1.4B, with the transaction expected to close in Q4 2023  —  Private equity firm Symphony Technology Group (STG) on Wednesday agreed to buy media editing software maker Avid Technology Inc (AVID.O) for about $1.4 billion, including debt. Lees verder op Tech Meme

Jay Peters / The Verge: Meta rolls out the ability to let users verify their Threads profile on other social media platforms, like Mastodon, using “rel=me” links  —  To be clear, this isn’t a free way to get a blue checkmark next to your Threads name; you’ll probably need to pay Meta to get one of those. Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Berlin-based Deepset, which helps companies build “complex LLM applications” and add NLP to apps, raised $30M led by Balderton, taking its total funding to $46M  —  Deepset, a platform for building enterprise apps powered by large language models akin to ChatGPT … Lees verder op Tech Meme

Nikhilesh De / CoinDesk: Filing: the US SEC plans to appeal a court ruling in July that Ripple’s programmatic sales of XRP to retail investors on exchanges didn’t violate securities law  —  A federal judge ruled that while Ripple’s direct sales of XRP to institutional investors violated securities law … Lees verder op Tech Meme

Todd Spangler / Variety: Disney plans to raise US prices of Disney+ Premium, Hulu without ads, and ESPN+, and to expand Disney+ ad-supported plans to Canada and nine European countries  —  Ad-supported Disney+ tier to expand to Canada, U.K. and eight other European countries this fall Lees verder op Tech Meme

Financial Times: Sources: Baidu, ByteDance, Tencent, and Alibaba made orders worth $5B to acquire Nvidia chips, amid concerns that the US will soon clamp down on their export  —  Baidu, ByteDance, Tencent and Alibaba rush to acquire GPUs amid concern US will soon clamp down on their export Lees verder op Tech Meme