Tech Meme

Reuters: NetChoice and the Chamber of Progress back TikTok’s lawsuit to stop a Montana law that is set to ban the use of the app on January 1, 2024  —  Two tech groups on Monday backed TikTok in its lawsuit seeking to block enforcement of a Montana state ban on use of the short video sharing app before it takes effect on January 1. Lees verder op Tech Meme

Jess Weatherbed / The Verge: Unity releases some of Wētā FX’s 2D and 3D tools, including Wig 1.0 for simulating hair and fur, into public beta under its new Unity Wētā Tools division  —  Unity is releasing some of the specialist 2D and 3D tools from Weta FX — the visual effects company behind Peter Jackson’s Lord … Lees verder op Tech Meme

Rebecca Bellan / TechCrunch: Lyft CEO David Risher says the company is trying to end surge pricing as “riders hate it”; rides with surge pricing dropped 35% QoQ due to more driver supply  —  Lyft has been cutting fares in order to secure more riders, and it’s working.  Bu that success has come with a (literal) cost. Lees verder op Tech Meme

Kate Park / TechCrunch: Coupang reports Q2 revenue up 21% YoY to $5.6B, a $145M net income, up from a $75.4M loss in Q2 2022, and plans to expand in Taiwan after a year of profits  —  Coupang, a South Korea-headquartered e-commerce company, said it will accelerate its investment in Taiwan after four straight quarters of profits. Lees verder op Tech Meme

CNBC: Sony reports Q1 revenue up 33% YoY to $20.7B and PS5 sales up 38% YoY to 3.3M; Sony had said the company expects to sell 25M PS5 units in the year to March 2024  —  Sony on Wednesday reported a 31% fall in profit in the first fiscal quarter as its life insurance unit dragged on its bottom line … Lees verder op Tech Meme

Jess Weatherbed / The Verge: Unity is releasing some of Wētā FX’s 2D and 3D tools, including Wig 1.0 for simulating hair and fur, into public beta under its new Unity Wētā Tools division  —  Unity is releasing some of the specialist 2D and 3D tools from Weta FX — the visual effects company behind … Lees verder op Tech Meme

Varsha Bansal / Rest of World: A look at the Indian Institutes of Technology, established in the 1950s and 1960s to emulate MIT and now comprising 23 schools offering a path to tech success  —  Indian tech entrepreneur Kesavan Kandadai has many accomplishments under his belt: launching Amazon Prime Video in India and founding … Lees verder op Tech Meme

Nilay Patel / The Verge: Q&A with AWS CEO Adam Selipsky on cloud competitors, layoffs, AI, Nvidia, the Trainium and Inferentia chips, the Amazon Bedrock library of AI models, and more  —  Today, I’m talking with Adam Selipsky.  He’s the CEO of Amazon Web Services, or as it’s usually called, AWS.  AWS is quite a story. Lees verder op Tech Meme

Reuters: NetChoice and Chamber of Progress back TikTok’s lawsuit to stop a Montana law that is set to ban the use of the app on January 1, 2024  —  Two tech groups on Monday backed TikTok in its lawsuit seeking to block enforcement of a Montana state ban on use of the short video sharing app before it takes effect on January 1. Lees verder op Tech Meme

TechCrunch: Sources: Bengaluru-based fantasy sports app Mobile Premier League, valued at $2.2B, cuts ~50% of its staff, after India announced a 28% online gaming tax  —  India’s popular online gaming and fantasy sports startup Mobile Premier League is reducing its staff by approximately 50% … Lees verder op Tech Meme