Tech Meme

Kyle Wiggers / TechCrunch: Meta unveils CM3leon, an image generation transformer model requiring five times less compute and a smaller training dataset than past transformer-based methods  —  Over the past two years, AI-powered image generators have become commodified, more or less, thanks to the widespread availability of … Lees verder op Tech Meme

Bloomberg: Sources: Dutch export control rules will bar ASML from maintaining, repairing, and providing spare parts for controlled equipment without government approval  —  – ASML will be limited in repairing restricted machines in China  — China’s production capabilities and capacity to be affected Lees verder op Tech Meme

Wall Street Journal: Source: Binance has fired over 1,000 people in recent weeks; the cuts are global, ongoing, and could result in the company losing more than a third of its staff  —  Crypto exchange reduces workforce as Justice Department investigation continues  —  Binance, the giant crypto exchange … Lees verder op Tech Meme

Salvador Rodriguez / Wall Street Journal: Meta insiders detail a return to “OG Mark” and how staff secretly toiled away to determine how to create a Twitter-like service that fit with the company’s apps  —  Staffers toiled for months to create a Twitter-like service that would fit with existing apps Lees verder op Tech Meme

Sarah Perez / TechCrunch: Twitter aims to reduce DM spam with a setting that moves messages from Blue users you don’t follow back to the Message Request inbox instead of the main inbox  —  As Twitter fends off new competition from Instagram Threads, the company today announced a change designed to cut down on spam in users’ inboxes. Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: Oslo-based online game-based learning service Kahoot plans to go private in an all-cash private equity deal, led by Goldman Sachs, valuing the startup at $1.7B  —  Big moves ahead for Kahoot, the Oslo startup that’s built a popular platform for users to create, share and play education-focused … Lees verder op Tech Meme

Taylan Bilgic / Bloomberg: Turkey’s top court upholds a law restricting companies’ ad spend and customer data use if their sales exceed given limits, in a blow to Alibaba’s Trendyol unit  —  Turkey’s top court upheld a law tightening regulation on e-commerce companies in a blow to Trendyol, the market-leading firm backed … Lees verder op Tech Meme

Reuters: Sources and a doc: India told streaming services like Netflix and Disney to use an independent panel to review content for obscenity and violence before release  —  – India has been strictly regulating streaming platforms  — Wants expert panel for age ratings, content review Lees verder op Tech Meme

Financial Times: After China’s curbs, the EU asks aluminum and zinc firms to investigate producing chip metals; the EU sources 71% of its gallium and 45% of germanium from China  —  Aluminium and zinc companies approached about making gallium and germanium critical to semiconductors Lees verder op Tech Meme

Hayden Field / CNBC: Sensor Tower: on July 11 and 12, Instagram’s Threads DAUs were down ~20% from July 8 and the time spent by the user on the app fell 50% to 10 minutes  —  – Facebook’s Twitter-killer, Threads, has seen drops in daily active users and time spent on app since the weekend, according to SensorTower and SimilarWeb. Lees verder op Tech Meme