Tech Meme

Michael S. Rosenwald / Washington Post: Dennis Austin, who was PowerPoint’s principal developer and continued to lead the presentation software’s team until retiring in 1996, died on September 1 at 76  —  The program was the digital successor of the overhead projector.  It became one of the most ubiquitous and scorned programs of modern office life. Lees verder op Tech Meme

Financial Times: How cybercriminals in Turkey teamed up with Russian émigré hackers to steal and sell tens of millions of credit card numbers, passwords, “hot” cookies, and more  —  Émigré hackers fleeing Putin’s military conscription prompts surge in activity involving stolen financial data Lees verder op Tech Meme

Manish Singh / TechCrunch: Bengaluru-based fintech Perfios, which offers real-time credit underwriting solutions to financial companies, raised a $229M Series D led by Kedaara Capital  —  Perfios, an Indian fintech that provides real-time credit underwriting solutions to banks and non-banking financial institutions … Lees verder op Tech Meme

Manish Singh / TechCrunch: In an email, Coinbase tells its customers in India that it plans to cease operations in the country after September 25, advising to withdraw any remaining funds  —  Coinbase plans to cease all exchange services for users in India, it has warned some customers in email, over a year … Lees verder op Tech Meme

Max Tani / Semafor: NewsWhip data on 300K influential X users suggests X is throttling posts linking to the NYT, with “weekly average shares per article” down ~75% from July’s peak  —  X, Elon Musk’s social media platform formerly known as Twitter, appears to be attempting to limit its users’ access to The New York Times. Lees verder op Tech Meme

Wall Street Journal: Sources: Meta plans to begin training an LLM in Q1 2024 on its own infrastructure that it hopes will be roughly as capable as OpenAI’s GPT-4  —  Parent of Facebook and Instagram wants artificial-intelligence system to be as capable as OpenAI’s most advanced model  —  Platforms is setting its sights on OpenAI. Lees verder op Tech Meme

Wall Street Journal: Sources: Instacart plans to target its IPO at roughly $8.6B to $9.3B valuation, well below the $39B valuation the company had in March 2021  —  The grocery-delivery company aims for $8.6 billion to $9.3 billion, down from $39 billion in 2021. Lees verder op Tech Meme

Brenda Goh / Reuters: Alibaba Cloud Intelligence Group CEO Daniel Zhang steps down, after assuming the role in June 2023; Alibaba CEO Eddie Wu becomes the unit’s acting chair and CEO  —  China’s Alibaba Group (9988.HK) said on Sunday that Daniel Zhang will step down from its cloud business, in a surprise move … Lees verder op Tech Meme

Mark Gurman / Bloomberg: An expected high-end iPhone price increase and features like iPhone 15 Pro Max’s periscope lens show Apple is getting more aggressive with its premium strategy  —  Apple is set to unveil the iPhone 15 on Tuesday, alongside updated watches and AirPods.  And once again, the company … Lees verder op Tech Meme

Associated Press: Research: ChatGPT uses an estimated 500ml of water for every five to 50 prompts; Microsoft disclosed the company’s water use spiked 34% YoY in 2022, Google 20%  —  The cost of building an artificial intelligence product like ChatGPT can be hard to measure.  But one thing Microsoft-backed OpenAI needed … Lees verder op Tech Meme