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Tech Meme

Sources: Character.AI, which uses LLMs to let users chat with famous people like Shakespeare, raised between $200M and $250M led by a16z at a ~$1B valuation (Financial Times) 03-03-2023

Financial Times: Sources: Character.AI, which uses LLMs to let users chat with famous people like Shakespeare, raised between $200M and $250M led by a16z at a ~$1B valuation  —  Pioneering tech venture capital firm makes first big foray into generative artificial intelligence sector Lees verder op Tech Meme

One month after Elon Musk said Twitter started sharing ad revenue from reply threads with users who pay for Twitter Blue, Twitter has yet to provide any details (Mitchell Clark/The Verge) 03-03-2023

Mitchell Clark / The Verge: One month after Elon Musk said Twitter started sharing ad revenue from reply threads with users who pay for Twitter Blue, Twitter has yet to provide any details  —  “Starting today, Twitter will share ad revenue with creators for ads that appear in their reply threads,” he said … Lees verder op Tech Meme

Amazon plans to close eight Go convenience stores in Seattle, NYC, and San Francisco, as the company reevaluates its brick-and-mortar strategy and cuts costs (Annie Palmer/CNBC) 03-03-2023

Annie Palmer / CNBC: Amazon plans to close eight Go convenience stores in Seattle, NYC, and San Francisco, as the company reevaluates its brick-and-mortar strategy and cuts costs  —  – Amazon is closing eight Go convenience stores in Seattle, New York City and San Francisco.  — The company had previously announced … Lees verder op Tech Meme

Amazon plans to close eight Go convenience stores in Seattle, New York City, and San Francisco, as it reevaluates its brick-and-mortar strategy and cuts costs (Annie Palmer/CNBC) 03-03-2023

Annie Palmer / CNBC: Amazon plans to close eight Go convenience stores in Seattle, New York City, and San Francisco, as it reevaluates its brick-and-mortar strategy and cuts costs  —  – Amazon is closing eight Go convenience stores in Seattle, New York City and San Francisco.  — The company had previously announced … Lees verder op Tech Meme

TikTok told Ofcom the company blocked ~180K underage UK accounts a month from April 2021 to April 2022; Snap removed ~60 and stopped thousands of new accounts (Martin Coulter/Reuters) 03-03-2023

Martin Coulter / Reuters: TikTok told Ofcom the company blocked ~180K underage UK accounts a month from April 2021 to April 2022; Snap removed ~60 and stopped thousands of new accounts  —  Snapchat (SNAP.N) is kicking dozens of children in Britain off its platform each month compared with tens of thousands blocked by rival TikTok … Lees verder op Tech Meme

London-based Electrify Video Partners, which invests in, and acquires, established YouTube channels “with a solid income”, raised $50M led by MEP Capital (James Hale/Tubefilter) 03-03-2023

James Hale / Tubefilter: London-based Electrify Video Partners, which invests in, and acquires, established YouTube channels “with a solid income”, raised $50M led by MEP Capital  —  Electrify Video Partners has raised $50 million to invest in and acquire YouTube channels. Lees verder op Tech Meme

Internal docs detail efforts by Tether Holdings and Bitfinex to maintain access to the global banking system by using shadowy intermediaries and shell companies (Wall Street Journal) 03-03-2023

Wall Street Journal: Internal docs detail efforts by Tether Holdings and Bitfinex to maintain access to the global banking system by using shadowy intermediaries and shell companies  —  Tether Holdings and related crypto broker obscured identities, documents show  —  In late 2018, the companies behind … Lees verder op Tech Meme

Sources: Founders Fund cut Fund VIII, which is expected to start deploying capital in Q2 2023, from ~$1.8B to ~$900M; the money will be pushed to its ninth fund (Axios) 03-03-2023

Axios: Sources: Founders Fund cut Fund VIII, which is expected to start deploying capital in Q2 2023, from ~$1.8B to ~$900M; the money will be pushed to its ninth fund  —  Founders Fund has quietly cut the size of its eighth venture capital fund in half, from around $1.8 billion to around $900 million, Axios has learned from multiple sources. Lees verder op Tech Meme

Meta cuts the price of Quest Pro, its mixed and virtual reality headset meant for business users, from $1,500 to $1,000, and its 256GB Quest 2 from $500 to $430 (Mitchell Clark/The Verge) 03-03-2023

Mitchell Clark / The Verge: Meta cuts the price of Quest Pro, its mixed and virtual reality headset meant for business users, from $1,500 to $1,000, and its 256GB Quest 2 from $500 to $430  —  Mark Zuckerberg has announced that the Meta Quest Pro, the company’s mixed and virtual reality headset focused on business users … Lees verder op Tech Meme

Sources: Foxconn plans to invest ~$700M to build a plant for iPhone parts on a 300-acre site in Bengaluru, India; the plant is expected to create ~100K jobs (Bloomberg) 03-03-2023

Bloomberg: Sources: Foxconn plans to invest ~$700M to build a plant for iPhone parts on a 300-acre site in Bengaluru, India; the plant is expected to create ~100K jobs  —  Apple Inc. partner Foxconn Technology Group plans to invest about $700 million on a new plant in India to ramp up local production … Lees verder op Tech Meme