Tech Meme

Manish Singh / TechCrunch: Tracxn: Indian startups raised $5.46B in H1 2023, down from $17.1B in H1 2022 and $13.4B in H1 2021; Tiger Global made just one deal while SoftBank made none  —  Several high-flying Indian startups, including Byju’s, Swiggy and PharmEasy, have experienced a dramatic downward adjustment in their valuations Lees verder op Tech Meme

Christopher Mims / Wall Street Journal: Generative AI can make experienced programmers more productive, potentially eliminating tasks done by junior developers as companies use the tech to save money  —  Artificial-intelligence software is eating the software industry, as companies turn to generative AI tools to save money on programmers. Lees verder op Tech Meme

NBC News: The FBI says it formed an online database in May to prevent swatting by facilitating coordination between police departments and law enforcement agencies  —  Advances in technology allow callers to mask their voices, phone numbers or IP addresses (also called “spoofing) or make their false 911 calls sound more credible. Lees verder op Tech Meme

Christian Davies / Financial Times: YouTube removes the channels of three North Korean influencers posting about their daily life, after South Korea labelled them as “psychological warfare” tools  —  Seoul says young influencers promoting Harry Potter and water parks are ‘psychological’ propaganda Lees verder op Tech Meme

Jay Peters / The Verge: Major third-party Reddit apps Apollo, Sync, and BaconReader shut down, as Reddit prepares to enforce its new API rate limits “shortly”  —  After a month of outrage, protests, and unrest from the community, Reddit has finally flipped the switch to shut down some third-party apps. Lees verder op Tech Meme

Nikkei Asia: In a rare rebuke, Japan told Fujitsu to take corrective measures after a 2022 hack of its cloud service affected at least 1.7K companies and government agencies  —  Data leaks affected at least 1,700 companies and government agencies  —  Fujitsu’s cloud services are used by companies and the government … Lees verder op Tech Meme

Wilfred Chan / Fast Company: TSA plans to expand its facial recognition program to ~430 US airports, says its algorithms are 97% effective “across demographics, including dark skin tones”  —  The Transportation Security Administration (TSA) is preparing to expand its controversial facial recognition program … Lees verder op Tech Meme

Bloomberg: Fidelity, Invesco, VanEck, and WisdomTree refile for a spot bitcoin ETF with Coinbase as market surveillance provider, to answer the US SEC’s objections  —  In a flurry of Friday afternoon activity, Fidelity Investments, Invesco, VanEck and WisdomTree filed a fresh set of applications … Lees verder op Tech Meme

Brian Krebs / Krebs on Security: Kazakhstan arrests ex-Group-IB executive Nikita Kislitsin for his alleged role in the 2012 LinkedIn and Dropbox hacks; US and Russia issue extradition requests  —  Nikita Kislitsin, formerly the head of network security for one of Russia’s top cybersecurity firms, was arrested last week … Lees verder op Tech Meme

Ari Levy / CNBC: Nasdaq gained 32% in H1 2023, its best first half since 1983’s 37% rise; Nvidia is up 195%+, Meta is up 130%+, Apple and Amazon are up 50%+, Alphabet is up 34%+  —  – The Nasdaq jumped 32% in the first six months of the year, its best first half since the tech-heavy index climbed 37% in 1983. Lees verder op Tech Meme