Tech Meme

Erin Woo / The Information: Letter: the US SEC subpoenaed Bolt and sent a notice to former CEO Ryan Breslow in 2022 over their past misleading statements to current and potential investors  —  The Securities and Exchange Commission subpoenaed e-commerce software startup Bolt and sent a notice to co-founder … Lees verder op Tech Meme

Steve Dent / Engadget: Telegram launches Stories, initially for its Premium subscribers, letting users control who can see their stories and how long they last before disappearing  —  You can display them forever or make them disappear at various times up to 48 hours.  —  Telegram’s new Stories feature is here as promised … Lees verder op Tech Meme

Manish Singh / TechCrunch: Tiger Global, Peak XV, and other investors ask India to reconsider its new 28% online gaming tax that they say would lead to a $2.5B write-off and 1M jobs lost  —  Tiger Global, DST Global, Peak XV, Steadview Capital, and Kotak Private Equity are among global and Indian investors … Lees verder op Tech Meme

Charmaine Jacob / CNBC: Canalys: after three quarters of decline, smartphone shipments in India have stabilized with 36.1M units in Q2 2023, down 1% YoY; Samsung led with an 18% share  —  – India’s smartphone market stabilized in the second quarter with 36.1 million units shipped, according to a report by Canalys. Lees verder op Tech Meme

Dylan Tokar / Wall Street Journal: The US DOJ merges its crypto enforcement team, formed in 2021, into the department investigating computer-related crimes, giving crypto crimes more resources  —  The National Cryptocurrency Enforcement Team will become a permanent fixture of a section of the agency that investigates computer-related crimes. Lees verder op Tech Meme

Sergiu Gatlan / BleepingComputer: Amazon settles with the US DOJ and the FTC for $25M over not complying with parents’ requests to delete their kids’ Alexa voice recordings and geolocation data  —  The U.S. Justice Department and the Federal Trade Commission (FTC) announced that Amazon has agreed to pay a $25 million fine … Lees verder op Tech Meme

Erin Woo / The Information: Sources: the US SEC subpoenaed Bolt and sent a notice to former CEO Ryan Breslow last year over past misleading statements to current and potential investors  —  The Securities and Exchange Commission subpoenaed e-commerce software startup Bolt and sent a notice to co-founder and former CEO Ryan Breslow … Lees verder op Tech Meme

Ash Parrish / The Verge: Activision Blizzard lays off ~50 esports employees and asks Overwatch League teams to vote on an updated operating agreement, and to decide the league’s future  —  Amid layoffs in the Activision Blizzard esports department, Overwatch League franchise owners will vote on whether to continue the league in its current format. Lees verder op Tech Meme

Rebecca Bellan / TechCrunch: Autonomous trucking company Aurora Innovation raised $600M in a private placement of its stock, at $2.70/share, and plans a ~$220M public offering, at $3/share  —  Aurora Innovation, the self-driving technology company that aims to launch an autonomous trucking business in 2024 … Lees verder op Tech Meme

Rich Stanton / PC Gamer: Troy Hunt: sensitive info of ~4,000 people who attended Roblox Developer Conference between 2017-2020 was leaked in 2021; Roblox disclosed the leak just now  —  This may cost the company a few Robux.  —  The major gaming platform Roblox has suffered a major data breach … Lees verder op Tech Meme