Tech Meme

Carly Page / TechCrunch: Dutch chipmaker NXP alerts customers to a breach involving their personal data, discovered on July 14; NXP declines to say how many customers had been impacted  —  Dutch chipmaker NXP Semiconductors has alerted customers to a data breach involving their personal information. Lees verder op Tech Meme

Vishal Chawla / The Block: Visa expands its USDC stablecoin settlements to Solana, partnering with Worldpay and Nuvei for pilots, and has already moved millions of USDC via VisaNet  —  – Visa expanded its USDC stablecoin settlement capabilities to Solana, forming partnerships with Worldpay and Nuvei for pilot programs. Lees verder op Tech Meme

Mark Bergen / Bloomberg: Meta plans to eliminate the Facebook News tab in the UK, France, and Germany in early December 2023 and won’t sign new deals for news content in those countries  —  The company will “deprecate” the news tab — a Facebook feature to prominently display news material — for users in the UK, Germany and France. Lees verder op Tech Meme

Steven Levy / Wired: An in-depth profile of OpenAI, Sam Altman, CTO Greg Brockman, and others, who all see ChatGPT and GPT-4 as stepping stones along the way to building an AGI  —  The young company sent shock waves around the world when it released ChatGPT.  But that was just the start.  The ultimate goal: Change everything. Lees verder op Tech Meme

Yuvraj Malik / Reuters: Intel and Tower Semiconductor say the Israeli contract chipmaker will invest $300M in Intel’s New Mexico factory, after their $5.4B merger collapsed in August  —  Intel (INTC.O) will offer foundry services to Tower Semiconductor (TSEM.TA) in a new deal that will see the Israeli contract … Lees verder op Tech Meme

Marissa Newman / Bloomberg: Israel-based Upwind, which helps detect and counter cloud infrastructure threats, raised $50M led by Greylock at a $300M valuation, taking its funding to $80M  —  – Year-old cloud security firm Upwind valued at $300 million  — Curry’s Penny Jar joins round led by Greylock, Cyberstarts Lees verder op Tech Meme

Wall Street Journal: How Spotify’s $1B+ bet on building a podcast empire has not paid off: most shows are not profitable, debates over exclusivity, cutting original shows, and more  —  The prospect of podcast riches led to aggressive investments in celebrity deals and original programming for what appeared a sky’s-the-limit media frontier Lees verder op Tech Meme

New York Times: Analysis: lawyers, accountants, consultants, and more have charged $700M+ in fees since 2022 in the bankruptcies of FTX, Celsius, Voyager, BlockFi, and Genesis  —  Bankruptcy lawyers and other corporate turnaround specialists have reaped major fees from the bankruptcies of five cryptocurrency companies, including FTX. Lees verder op Tech Meme

Supantha Mukherjee / Reuters: TikTok hires UK cybersecurity company NCC to audit its data controls and protections, and provide independent verification, as part of Project Clover  —  TikTok has hired British cybersecurity firm NCC (NCCG.L) to audit its data controls and protections, and provide independent verification … Lees verder op Tech Meme

Manya Saini / Reuters: Filing: SoftBank prices Arm’s shares at $47 and $51, aiming to raise up to $4.87B by selling 95.5M shares, for a $52B+ valuation and the biggest US IPO of 2023  —  SoftBank Group’s (9984.T) Arm is aiming to raise up to $4.87 billion in the chip designer’s U.S. initial public offering, a regulatory filing showed on Tuesday. Lees verder op Tech Meme