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Tech Meme

On a livestream, Musk says X is “moving to having a small monthly payment for use of the X system”, as it's the “only way” to combat the “vast armies of bots” (Lora Kolodny/CNBC) 18-09-2023

Lora Kolodny / CNBC: On a livestream, Musk says X is “moving to having a small monthly payment for use of the X system”, as it’s the “only way” to combat the “vast armies of bots”  —  – Tesla, SpaceX and X Corp. leader Elon Musk and Israeli Prime Minister Benjamin Netanyahu spoke … Lees verder op Tech Meme

Filing: FTX sues SBF's parents, Joseph Bankman and Barbara Fried, to “recover millions of dollars in fraudulently transferred and misappropriated funds” (Amitoj Singh/CoinDesk) 19-09-2023

Amitoj Singh / CoinDesk: Filing: FTX sues SBF’s parents, Joseph Bankman and Barbara Fried, to “recover millions of dollars in fraudulently transferred and misappropriated funds”  —  The filing, redacted in parts, asks the court to award the FTX estate damages, the return of any property given or payment made to the parents. Lees verder op Tech Meme

A US federal judge rejects SEC's request to inspect Binance.US' technological infrastructure, and to force the company to share other requested information (Sabrina Willmer/Bloomberg) 19-09-2023

Sabrina Willmer / Bloomberg: A US federal judge rejects SEC’s request to inspect Binance.US’ technological infrastructure, and to force the company to share other requested information  —  – Regulator says it is not getting enough access in lawsuit  — Magistrate judge didn’t grant expedited discovery request Lees verder op Tech Meme

A group of 18 state AGs backs Montana's effort to ban TikTok, urging a US judge to reject legal challenges ahead of the January 1, 2024, effective date (David Shepardson/Reuters) 19-09-2023

David Shepardson / Reuters: A group of 18 state AGs backs Montana’s effort to ban TikTok, urging a US judge to reject legal challenges ahead of the January 1, 2024, effective date  —  A group of 18 state attorneys general said on Monday they backed Montana’s effort to ban Chinese-owned short video app TikTok … Lees verder op Tech Meme

Location and mapping platform Mapbox raised $280M led by SoftBank, sources say at a ~$1.3B pre-money valuation; PitchBook: Mapbox had previously raised $360M (Leo Lewis/Financial Times) 19-09-2023

Leo Lewis / Financial Times: Location and mapping platform Mapbox raised $280M led by SoftBank, sources say at a ~$1.3B pre-money valuation; PitchBook: Mapbox had previously raised $360M  —  Son’s decision to back US mapping company in $280mn investment round comes in wake of Arm listing Lees verder op Tech Meme

Instacart prices its 22M shares at $30 a piece, raising $660M in its IPO at a fully diluted valuation of ~$10B; Instacart was valued at $39B in 2021 (Ari Levy/CNBC) 19-09-2023

Ari Levy / CNBC: Instacart prices its 22M shares at $30 a piece, raising $660M in its IPO at a fully diluted valuation of ~$10B; Instacart was valued at $39B in 2021  —  – Instacart priced its IPO at $30 a share on Monday, at the top end of the expected range of $28 to $30. Lees verder op Tech Meme

SMIC's gross margins halved in H1 2023, as it poured $345M, or 11.4% of revenue, into research and development; SMIC reported $111M in state grants in H1 2023 (Katrina Hamlin/Reuters) 19-09-2023

Katrina Hamlin / Reuters: SMIC’s gross margins halved in H1 2023, as it poured $345M, or 11.4% of revenue, into research and development; SMIC reported $111M in state grants in H1 2023  —  Huawei’s new phone demonstrates China can produce cutting-edge hardware despite U.S. restrictions. Lees verder op Tech Meme

Levelpath, which provides enterprise procurement services, raised a $30M Series A led by Redpoint, following an unannounced $14.5M seed led by Benchmark (Kyle Wiggers/TechCrunch) 19-09-2023

Kyle Wiggers / TechCrunch: Levelpath, which provides enterprise procurement services, raised a $30M Series A led by Redpoint, following an unannounced $14.5M seed led by Benchmark  —  Back in 2014, Stan Garber and Alex Yakubovich set out to reinvent the request for proposals (RFP) process with the launch of Scout RFP … Lees verder op Tech Meme

On a livestream, Elon Musk says X is moving toward charging all users a “small” monthly subscription, as it's the “only way” to combat the “vast armies of bots” (Lora Kolodny/CNBC) 18-09-2023

Lora Kolodny / CNBC: On a livestream, Elon Musk says X is moving toward charging all users a “small” monthly subscription, as it’s the “only way” to combat the “vast armies of bots”  —  – Tesla, SpaceX and X Corp. leader Elon Musk and Israeli Prime Minister Benjamin Netanyahu spoke … Lees verder op Tech Meme

Sources: to improve security, external Android Open Source Project code contributions will need at least two Google reviewers' approval, starting in October (Mishaal Rahman/Mishaal Rahman on Patreon) 18-09-2023

Mishaal Rahman / Mishaal Rahman on Patreon: Sources: to improve security, external Android Open Source Project code contributions will need at least two Google reviewers’ approval, starting in October  —  By now, I’m sure you’re aware that the Android operating system running on your phone is based on open source code provided by Google. Lees verder op Tech Meme