Rebecca Bellan / TechCrunch: Lime says its gross bookings grew 45% YoY to $250M in H1 2023 and the adjusted EBITDA reached $27M, as CEO Wayne Ting hints at an IPO — Lime, the startup with shared e-scooters and e-bikes in 280 cities around the world, has been talking about going public for years. Lees verder op Tech Meme
Rebecca Bellan / TechCrunch: California Senate passes a bill that requires the presence of a human safety operator in self-driving trucks on public roads; bill requires governor’s approval — In a blow to the autonomous trucking industry, the California Senate passed a bill Monday that requires a trained human safety operator … Lees verder op Tech Meme
Fanny Potkin / Reuters: GlobalFoundries opens a $4B chip fabrication plant in Singapore aiming to produce up to 450K 300mm wafers per year; Singapore makes 11% of total global chips — GlobalFoundries (GFS.O), one of the world’s top five largest contract chipmakers, launched a $4 billion fabrication plant in Singapore on Tuesday … Lees verder op Tech Meme
Ignacio Gonzalez / Bloomberg: Visa’s credit card disputes hit 90M+ in 2022, up 24% in 2020 and ~2% in both 2021 and 2022, widely attributed to the online shopping shift since the pandemic — – Visa fields 90 million disputes annually after pandemic boom — Rise is mainly attributed to e-commerce growth and inflation Lees verder op Tech Meme
Andrew Albanese / Publishers Weekly: The Internet Archive appeals a US judge’s decision in March 2023 favoring publishers in a copyright infringement case over the nonprofit’s ebook lending program — As expected, the Internet Archive this week submitted its appeal in Hachette v. Internet Archive, the closely-watched copyright case involving … Lees verder op Tech Meme
Ryan Heath / Axios: Survey of 2,203 US adults: 53% say AI misinformation will impact who wins the 2024 election, and 35% say AI will decrease their trust in election ads — – Self-identified liberals (21%) were nearly twice as likely to say they have used generative AI for work or education than moderates (11%) or conservatives (12%). Lees verder op Tech Meme
Associated Press: MGM Resorts says a “cybersecurity issue” that began on Sunday is affecting some casino and hotel computer systems at the company’s properties across the US — A “cybersecurity issue” led to the shutdown of some casino and hotel computer systems at MGM Resorts International properties across … Lees verder op Tech Meme
Akash Sriram / Reuters: Oracle Q1: revenue up 9% YoY to $12.45B, vs. $12.47B est., cloud services and license support revenue up 13% YoY to $9.5B, net income up 56% YoY; ORCL drops 5%+ — Oracle (ORCL.N) narrowly missed market expectations for first-quarter revenue on Monday, as companies pared back spending … Lees verder op Tech Meme
Robert Silverman / The Daily Beast: An investigation finds that Barstool Sports apparently controls 40+ “burner” X accounts to launder viral copyright-protected videos for its legitimate accounts — A Daily Beast investigation found more than 40 content-swiping Twitter accounts apparently controlled by Barstool … Lees verder op Tech Meme
Taylor Lorenz / Washington Post: Tests show Threads’ new search function blocks words like “sex”, “gore”, and “vaccines”; Meta admits “covid” is a blocked term but declines to disclose others — Public health experts expressed anger with the platform’s moderation policies … Lees verder op Tech Meme