Tech Meme

Richard Milne / Financial Times: Norway’s $1.4T oil fund, which owns ~1.5% of all listed companies, details its three concerns over AI: board responsibility, transparency, and risk management  —  Head of sovereign investor warns boards are ‘absolutely not on top’ of the issues surrounding the technology Lees verder op Tech Meme

CNBC: Riot reports earning $31.7M in energy credits from Texas power grid operator ERCOT to curtail its usage in August, dwarfing the ~$8.9M worth of bitcoin mined  —  – Bitcoin miner Riot Platforms raked in $31.7 million in energy credits from Texas power grid operator ERCOT in August. Lees verder op Tech Meme

Jonathan Randles / Bloomberg: Bankrupt cryptocurrency lender Genesis sues its parent DCG, seeking to recover ~$620M in cash and bitcoin in outstanding loans despite ongoing settlement talks  —  – Suits seek to recover about $620 million in cash and Bitcoin  — DCG said it’s documenting a standstill agreement with Genesis Lees verder op Tech Meme

Gene Park / Washington Post: Doug Bowser, president of Nintendo of America, describes the company’s evolution from a gaming company to a broader entertainment company, including live events  —  For decades, Nintendo was synonymous with video games.  Now in its second century, the Japanese company wants to be much more. Lees verder op Tech Meme

Bloomberg: SK Hynix opens an investigation into the Huawei Mate 60 Pro using its LPDDR5 and NAND flash memory, some of the few materials in 60 Pro sourced outside China  —  – Korean maker says it hasn’t worked with Huawei since sanctions  — Mate 60 Pro handset uses Hynix memory and flash storage chips Lees verder op Tech Meme

Leo Schwartz / Fortune: A profile of Circle, after secondary market shares of the USDC developer traded at a ~$4.8B valuation in August 2023; Circle was valued at $8B in April 2022  —  On a fateful evening in March, Jeremy Allaire sat in a Dubai hotel room as a catastrophe unfolded. Lees verder op Tech Meme

Dylan Smith / TucsonSentinel.com: Molly Holzschlag, aka “mollydotcom”, a longtime advocate for the open web and accessible, inclusive online design standards, died at 60 on September 5  —  Pioneer of online design & accessibility  —  Molly Holzschlag, whose pioneering work in online design standards led to her being dubbed … Lees verder op Tech Meme

Zeke Faux / New York Magazine: An excerpt from the book Number Go Up details an April 2022 FTX conference in the Bahamas, where writer Michael Lewis lavished Sam Bankman-Fried with praise  —  Three years ago, nobody knew who you were.  And now you’re sitting on the cover of magazines.  And you’re a gazillionaire. Lees verder op Tech Meme

Joe Coscarelli / New York Times: Ghostwriter, the anonymous creator who used AI to mimic Drake and The Weeknd, has met with record labels, Grammy organizers, and more, and releases a new song  —  The anonymous artist, who stirred conversation with the A.I. track “Heart on My Sleeve,” has been quietly consulting with executives, while also gunning for a Grammy. Lees verder op Tech Meme

Vishal Chawla / The Block: Vitalik Buterin co-authors a paper on “Privacy Pools”, a blockchain protocol to verify the legality of user funds without revealing a full transaction history  —  – Ethereum co-founder Vitalik Buterin co-authored a research paper on a privacy protocol named Privacy Pools. Lees verder op Tech Meme