Tech Meme

Julian Chokkattu / Wired: Citizen suspends sales of its $350+ CZ Smart smartwatch, launched on May 1; review units had serious issues, like screen freezing and inaccurate tracking data  —  The second-generation CZ Smart launched a few months ago.  Both the company and reviewers have found serious technical issues. Lees verder op Tech Meme

Manish Singh / TechCrunch: Grocery delivery startup Zepto raised a $200M Series E led by StepStone at a $1.4B valuation, India’s first 2023 unicorn and taking its total funding to ~$560M  —  Instant grocery delivery startup Zepto has raised $200 million in a new funding round at a valuation of $1.4 billion, it said Friday … Lees verder op Tech Meme

AJ Vicens / CyberScoop: Microsoft says Flax Typhoon, a hacking group active since mid-2021 with suspected Beijing ties, is targeting dozens of organizations in Taiwan, and elsewhere  —  A group dubbed Flax Typhoon has targeted “dozens” of Taiwanese organizations, according to new research from Microsoft. Lees verder op Tech Meme

Natasha Lomas / TechCrunch: The EU’s DSA goes into effect, forcing platforms like Facebook, Instagram, YouTube, and TikTok to let users opt out of profiling-based content recommendations  —  Internet users in the European Union are logging on to a quiet revolution on mainstream social networks today: The ability to say ‘no thanks’ to being attention hacked by AI. Lees verder op Tech Meme

Ryan Smith / AnandTech: AMD announces new Radeon RX 7000 series video cards, the $449 RX 7700 XT and the $499 7800 XT, based on its new Navi 32 GPU and aimed at the 1440p gaming market  —  With the Gamescom convention taking place in Germany this week, AMD is using Europe’s largest video game trade show as the venue … Lees verder op Tech Meme

M. Sriram / Reuters: Sources: food delivery startup Swiggy, which was valued at $10.7B in 2022, is planning an IPO in 2024, after pausing the process for months due to weak markets  —  Swiggy, the Softbank-backed food delivery company, is eyeing a 2024 stock market listing and has initiated talks with bankers … Lees verder op Tech Meme

Ariel Bogle / The Guardian: The New York Times, CNN, Reuters, and other outlets block OpenAI’s GPTBot web crawler from accessing their content; some have also blocked Common Crawl’s CCBot  —  Chicago Tribune and Australian newspapers the Canberra Times and Newcastle Herald also appear to have disallowed web crawler from maker of Chat GPT Lees verder op Tech Meme

David Jeans / Forbes: NYC-based digital lender Better.com closed down 94% in its Nasdaq debut on August 24, after a SPAC merger with Aurora Acquisition Corp  —  Once valued at $7.7 billion, Vishal Garg’s SoftBank-backed company faced a cratering stock price and no plans for profitability as it went public Thursday via a SPAC merger. Lees verder op Tech Meme

Timmy Shen / The Block: CoinGecko: Worldcoin’s WLD fell 9.1% over 24 hours to ~$1.33 and is down 43.6% since its launch a month ago, after scrutiny over data collection and privacy  —  – The controversial crypto project co-created by Sam Altman saw its WLD token drop 9.1% over the past 24 hours and 43.6% over the past 30 days. Lees verder op Tech Meme

Josh Ye / Reuters: Source: Tencent Music, NetEase’s Cloud Music, and others cut streaming features like virtual lucky draws at a hefty cost, amid China’s online gambling crackdown  —  Chinese online content platforms including Tencent Music (1698.HK) and NetEase’s Cloud Music (9899.HK) have removed live streaming features … Lees verder op Tech Meme