Tech Meme

Michael Wayland / CNBC: General Motors hires former Apple VP Mike Abbott to lead a newly created software unit starting on May 22; Abbott was VP of Engineering for Apple Cloud Services  —  – General Motors has hired former Apple executive Mike Abbott to lead a newly created software unit for the Detroit automaker. Lees verder op Tech Meme

Christine Hall / TechCrunch: Austin-based 8fig, which plans to sell an AI-powered “C-suite” to e-commerce firms, starting with an AI CFO, raised a $40M Series B and a $100M credit facility  —  E-commerce businesses don’t often build big companies: they might be big in revenue, but remain lean in headcount. Lees verder op Tech Meme

AJ Vicens / CyberScoop: The US says the FBI was able to disrupt a long-running Russian cyber espionage operation by inspecting FSB-linked Snake malware and decoding its communications  —  A law enforcement effort dubbed “Medusa” targeted malware deployed by Moscow’s Federal Security Service, officials said Tuesday. Lees verder op Tech Meme

Anna Irrera / Bloomberg: Goldman, Microsoft, Cboe, Deloitte, and others plan to test the blockchain Canton Network in July, linking apps built with Digital Asset’s Daml smart contract  —  A group of firms including Goldman Sachs Group Inc, Microsoft Corp, Deloitte and Cboe Global Markets Inc are joining … Lees verder op Tech Meme

Jody Godoy / Reuters: A US judge sentences former Coinbase product manager Ishan Wahi to two years in prison over NFT insider trading; Wahi pled guilty to two counts in February 2023  —  Ishan Wahi, a former Coinbase Global Inc (COIN.O) product manager, was sentenced on Tuesday to two years in prison … Lees verder op Tech Meme

Aisha Malik / TechCrunch: Meta tests paying Facebook creators based on public Reels’ performance, instead of ad earnings, and plans to roll out payouts to Instagram in the coming weeks  —  Meta is testing a new payout model for its Ads on Reels monetization program that pays creators based on the performance of their public Reels … Lees verder op Tech Meme

Kurt Schlosser / GeekWire: Amazon announces Amazon Anywhere, which lets third-party app users buy related physical products while in the app, launching with Niantic’s new AR game Peridot  —  The so-called “everything store” is looking to go “anywhere.”  —  Amazon announced the launch Tuesday of “Amazon Anywhere,” … Lees verder op Tech Meme

Edward Ludlow / Bloomberg: Finnish wearable maker Oura acquires Proxy, which makes digital identification tools, in an all-equity deal; Proxy was valued at $292M in 2020, per PitchBook  —  Finnish wearable-technology maker Oura Health Oy is acquiring a little-known tech startup, Proxy Inc., which makes digital identification tools … Lees verder op Tech Meme

Aisha Malik / TechCrunch: Meta tests paying Reels creators based on public Reels’ performance, not ad earnings, and plans to roll out the program to Instagram in the coming weeks  —  Meta is testing a new payout model for its Ads on Reels monetization program that pays creators based on the performance of their public Reels … Lees verder op Tech Meme

Kurt Schlosser / GeekWire: Amazon announces Amazon Anywhere to let users of third-party apps buy related real-world items while in the app, launching with Niantic’s new AR game Peridot  —  The so-called “everything store” is looking to go “anywhere.”  —  Amazon announced the launch Tuesday of “Amazon Anywhere,” … Lees verder op Tech Meme