Tech Meme

Amir Efrati / The Information: Sources: Sam Altman told staff that OpenAI is generating revenue at a pace of $1.3B a year, implying it is generating $100M+/month, up 30% from three months ago  —  ChatGPT maker OpenAI is generating revenue at a pace of $1.3 billion a year, CEO Sam Altman told staff this week, according to several people with knowledge of the matter. Lees verder op Tech Meme

Lauren Forristal / TechCrunch: Block acquires Hifi, which launched in 2020 as a financial rights organization for artists and recently rolled out Cash Flow to pay artists a bi-monthly salary  —  Block, the Jack Dorsey-founded fintech company previously known as Square, has acquired Hifi, a music-focused fintech startup. Lees verder op Tech Meme

Monica Chin / The Verge: Surface Laptop Go 3 review: premium design but low-resolution screen, no keyboard backlighting, limited port selection, and too expensive for what it offers  —  The Go 3 is a nice-looking and well-built device, but the $999 price makes no sense. … The chassis looks identical … Lees verder op Tech Meme

Akash Sriram / Reuters: Atlassian plans to acquire video messaging platform Loom for around $975M, made up of $880M in cash and the rest in stock, closing in Q1 2024  —  Atlassian (TEAM.O) said on Thursday it had agreed to acquire privately held video messaging platform Loom for about $975 million … Lees verder op Tech Meme

Andy Greenberg / Wired: Elliptic: the Russia-linked unidentified FTX hackers who stole $415M to $432M in November 2022 started moving the haul in October, the first time in 2023  —  Whoever looted FTX on the day of its bankruptcy has now moved the stolen money through a long string of intermediaries—and eventually some that look Russian in origin. Lees verder op Tech Meme

New York Times: At SBF’s trial, the personal dynamics between him and his friends are a vital component of the case, making clear how much his inner circle has turned on him  —  The FTX founder’s criminal trial has made clear just how much his inner circle has turned against him. Lees verder op Tech Meme

Bloomberg: As Pat Gelsinger tries to revive Intel, a self-imposed deadline to add a big foundry client in 2023 looms and, even then, revenue from a deal may be years away  —  – Wall Street waiting for Gelsinger to name major foundry client  — Record-setting factory build-out hinges on lining up customers Lees verder op Tech Meme

Zack Abrams / The Block: Caroline Ellison’s well-prepared testimony painted Sam Bankman-Fried as the ultimate decision-maker at FTX and a corrupting influence on his subordinates  —  – Government prosecutors completed their direct examination of former Alameda Research CEO Caroline Ellison on Wednesday in the fraud trial of Sam Bankman-Fried. Lees verder op Tech Meme

Reuters: Filing: India accuses 30+ staff of Chinese smartphone maker Vivo of visa violations and says Vivo siphoned off ~$13B to its Chinese parent via a “masking layer”  —  Many employees of Chinese smartphone maker Vivo and its Indian affiliates concealed their employment when seeking visas … Lees verder op Tech Meme

Rob Copeland / New York Times: Goldman Sachs offloads major BNPL player GreenSky for an undisclosed sum to a group of money managers, after acquiring the company for $1.7B in 2021  —  Goldman sells the consumer lender GreenSky after significant losses, less than two years after buying it. Lees verder op Tech Meme