Tech Meme

Connie Loizos / TechCrunch: A16Z openly courts Saudi money; Horowitz compared the US harshly to Saudi Arabia because the US government did little after Andreessen’s “time to build” essay  —  Andreessen Horowitz is now openly courting capital from Saudi Arabia, despite U.S. strains. Lees verder op Tech Meme

Washington Post: Sources: SVB bought long-term assets that paid more interest based on a misplaced profit-driven strategy, falling out of compliance with its internal risk model  —  Focused on profits, leaders made decisions that foreshadowed the bank’s surprise failure  —  Flush with cash from a booming … Lees verder op Tech Meme

Aaron McDade / Yahoo Finance: In a now deleted tweet, Elon Musk said verified accounts would get a “few weeks grace” but would lose their badges if “they tell they won’t pay now”  —  – The first day of Twitter’s previously announced axing of “legacy” verified checks nearly passed without incident. Lees verder op Tech Meme

Drew Harwell / Washington Post: Twitter removed the verified badge from the New York Times’ main account after Elon Musk responded to a meme outlining the outlet’s decision not to pay for Blue  —  The Times and other news organizations say they won’t pay for the icon, which is designed to protect against impersonation. Lees verder op Tech Meme

Connie Loizos / TechCrunch: A16Z appears to openly court Saudi capital; Horowitz compared the US unfavorably to the Saudis after the US government appeared unmoved by an Andreessen essay  —  Andreessen Horowitz is now openly courting capital from Saudi Arabia, despite U.S. strains.  —  According to Bloomberg … Lees verder op Tech Meme

Washington Post: Sources: SVB execs bought long-term assets that paid more interest based on a misplaced profit-driven strategy, falling out of compliance with its risk model  —  Focused on profits, leaders made decisions that foreshadowed the bank’s surprise failure  —  Flush with cash from a booming tech industry … Lees verder op Tech Meme

Christopher Mims / Wall Street Journal: How researchers, including at Meta’s AI lab, use AI to study EEG readings, decoding how neurons in the brain communicate and exploring the nature of cognition  —  Thought is ever-changing electrical patterns unconnected to individual neurons.  Meta is working on a system to read your mind. Lees verder op Tech Meme

Matt Binder / Mashable: Twitter’s For You code tracked metrics to categorize users as “republican”, “democrat”, “power user”, or “elon” to keep algorithm tweaks from harming any group  —  Musk said he had no idea it was doing that!  —  Twitter has just released … Lees verder op Tech Meme

Brianna Wessling / The Robot Report: Ocado wins AutoStore’s lawsuit after the UK High Court invalidated two of AutoStore’s warehouse automation patents for being publicly disclosed before filing  —  Yesterday, the UK High Court ruled that AutoStore’s patents, which have been the subject of a patent infringement case against Ocado … Lees verder op Tech Meme

Daniel Wiessner / Reuters: The NLRB says Activision Blizzard broke US labor law by illegally surveilling staff during a walkout and threatening to close Slack channels amid a union drive  —  Activision Blizzard Inc (ATVI.O) violated U.S. labor law by illegally surveilling employees during a walkout and threatening … Lees verder op Tech Meme