Reuters: Sources: Meta’s VP of infrastructure, who oversees the company’s efforts to develop its own chips for AI work, is leaving at the end of September 2023 — A Meta Platforms (META.O) executive overseeing the company’s efforts to develop its own chips for artificial intelligence work is leaving … Lees verder op Tech Meme
Frederic Lardinois / TechCrunch: NYC- and Tel Aviv-based Gem Security, which offers a cloud threat detection, investigation, and response service, raised a $23M Series A led by GGV Capital — Cloud detection and response company Gem Security today announced that it has raised a $23 million Series A round led by GGV Capital … Lees verder op Tech Meme
Emily Birnbaum / Bloomberg: Filing: the US FTC revives its challenge of Microsoft’s $69B Activision Blizzard acquisition, a move that may unwind the deal even after its close by October 18 — – FTC administrative hearing won’t derail deal from closing — Companies are likely to win UK regulatory approval for deal Lees verder op Tech Meme
Byron Kaye / Reuters: Researchers say X removed a feature letting users to report election misinformation, launched in the US, Australia, and South Korea in 2021 and expanded in 2022 — Elon Musk’s X, formerly called Twitter, disabled a feature that let users report misinformation about elections … Lees verder op Tech Meme
Bloomberg: Binance exits Russia as operating there “is not compatible with Binance’s compliance strategy”, and sells the business to CommEX, which launched a day earlier — – CommEX was launched a day before Binance announced deal — Perlman says Russia business ‘not compatible’ with compliance Lees verder op Tech Meme
Jofie Yordan / Tech in Asia: Indonesia plans to ban direct transactions on social media, citing their hit to traditional markets, a blow to TikTok Shop in its first and its largest market — President Joko “Jokowi” Widodo has decided to ban direct transactions on social media platforms in Indonesia … Lees verder op Tech Meme
Hannah Murphy / Financial Times: Linda Yaccarino reflects on her first 100 days as X’s CEO, says the intense public scrutiny is “hard on me”, as sources describe her relationship with Elon Musk — Can the chief of the company formerly known as Twitter survive Musk’s chaos and win back advertisers? Lees verder op Tech Meme
Emily Birnbaum / Bloomberg: Filing: the US FTC revives its challenge against Microsoft’s $69B acquisition of Activision Blizzard, a move which may seek to unwind the deal after it closes — – FTC administrative hearing won’t derail deal from closing — Companies are likely to win UK regulatory approval for deal Lees verder op Tech Meme
Dan Primack / Axios: Sources: dozens of VC firms, including Bain Capital, Lux, Mayfield, and IVP, are working with the US Commerce Department to develop “responsible AI” guidelines — A group of venture capital firms is working with the U.S. Commerce Department to develop “responsible AI” … Lees verder op Tech Meme
Ted Johnson / Deadline: Warner Bros. Discovery launches CNN Max in an open beta in the US, offering a 24/7 live news streaming feed and 900 hours of CNN Originals to Max subscribers — – Donald Trump Found Liable For Defrauding Banks, New York Judge Rules; Defense Attorney Calls Decision “Miscarriage Of Justice” – Update Lees verder op Tech Meme