Tech Meme

Arjun Kharpal / CNBC: Tether estimates the company will make $700M in profit in Q1, taking its excess reserves to back its USDT stablecoin to $1.66B, above $1B for the first time  —  – Cryptocurrency firm Tether estimates it will make $700 million profit in the March quarter, taking its total excess reserves to over $1 billion … Lees verder op Tech Meme

TechCrunch: Sensor Tower: Twitter Blue had 385K+ subscribers globally on iOS and Android and made just $11M on mobile in its first three months, including $8M in the US  —  Legacy Twitter checkmarks are disappearing on April 1st, Twitter says, and in the future, the only way users will be able … Lees verder op Tech Meme

Mitchell Clark / The Verge: A researcher finds Verification settings in Twitter’s app showing that the company may be working on letting Blue subscribers hide their blue checkmark  —  Twitter may be working on a feature that lets you hide the blue checkmark you got by paying for its Blue subscription. Lees verder op Tech Meme

Mitchell Clark / The Verge: Researcher finds Verification settings in Twitter’s app showing it might be working on letting Blue subscribers hide the blue checkmark  —  Twitter may be working on a feature that lets you hide the blue checkmark you got by paying for its Blue subscription. Lees verder op Tech Meme

Arjun Kharpal / CNBC: Tether estimates it will make $700M profit in Q1 and will have ~$1.6B in excess reserves to back its USDT stablecoin, the first time it crosses the $1B mark  —  – Cryptocurrency firm Tether estimates it will make $700 million profit in the March quarter, taking its total excess reserves to over $1 billion … Lees verder op Tech Meme

Alexandra Bruell / Wall Street Journal: Axios HQ, the software business spun off from Axios in 2022, raised a $20M Series A at a nearly $100M valuation to build communication tools with OpenAI’s help  —  Axios HQ to use ChatGPT maker OpenAI to improve tools that help clients write emails, headlines Lees verder op Tech Meme

Laura Kayali / Politico: France plans to use large-scale AI-based video cameras for the 2024 Paris Summer Olympics, potentially becoming the first EU country to legalize AI surveillance  —  PARIS — France’s AI-powered array of surveillance cameras for the 2024 Paris Summer Olympics cleared a final legislative hurdle on Thursday. Lees verder op Tech Meme

Reuters: ChatGPT set off a VC rush to invest in generative AI startups; PitchBook says AI startup investments grew from $1.5B in 2020 to $5.9B+ since the start of 2022  —  In December and January, several venture capitalists from the U.S. and Britain raced to Paris to vie for a stake … Lees verder op Tech Meme

Financial Times: Sources: China released chip investor Chen Datong, detained in 2022 during a chip industry crackdown, as the country seeks experts to navigate western sanctions  —  Head of Hua Capital released from detention as Beijing seeks expert help to navigate tough western sanctions Lees verder op Tech Meme

Anna Irrera / Bloomberg: Nasdaq expects its custody services for digital assets to launch in Q2 2023, starting with bitcoin and ether, after announcing the project in September 2022  —  Nasdaq Inc. expects its custody services for digital assets to launch by the end of the second quarter as it joins a growing pool … Lees verder op Tech Meme