Tech Meme

John Biju / Reuters: Chinese food delivery giant Meituan plans to acquire AI startup Light Year from Meituan co-founder Wang Huiwen for ~$233.7M in cash and ~$50.7M in debt  —  Chinese food delivery giant Meituan (3690.HK) said on Thursday that it is acquiring artificial intelligence (AI) company Light Year … Lees verder op Tech Meme

Bloomberg: Documents and sources: the FTC plans to file a far-reaching case focused on Amazon’s core marketplace in the coming weeks after months of honing the complaint  —  Lina Khan’s Federal Trade Commission has already filed three cases against Amazon.com Inc. Now she’s gearing up for the Big One. Lees verder op Tech Meme

Washington Post: Meta’s Oversight Board calls for Cambodian PM Hun Sen to be suspended on Facebook and Instagram, the first time the Board has asked for a ban of a head of state  —  MANILA — The social media giant Meta’s Oversight Board called Thursday for the immediate suspension of Cambodian Prime Minister … Lees verder op Tech Meme

Hema Parmar / Bloomberg: Sources: Tiger Global rejected hundreds of bids for its private assets in recent months; as of January 1, the firm managed $51B, including $37B via its VC unit  —  Tiger Global Management turned down hundreds of bids for its private assets in recent months because it felt the offers were too low … Lees verder op Tech Meme

Nikkei Asia: Sources: TSMC and its suppliers plan to send several hundred workers from Taiwan to Arizona to help build its US plant, which has fallen behind schedule  —  World’s largest contract chipmaker faces delays in Arizona project as market slows  —  Construction of TSMC’s chip plant in Arizona … Lees verder op Tech Meme

Bloomberg: Sources: after struggling to raise at a $4B valuation, Stability AI secured a convertible note worth under $25M; Stability AI denies fundraising difficulties  —  Stability AI, the artificial intelligence startup that has been struggling to raise funding at a $4 billion valuation … Lees verder op Tech Meme

Jess Weatherbed / The Verge: Meta publishes a deep dive on how AI influences Facebook and Instagram content and releases 22 “system cards” covering AI use in Feed, Stories, Reels, and more  —  Meta has published a deep dive into the company’s social media algorithms in a bid to demystify how content is recommended for Instagram and Facebook users. Lees verder op Tech Meme

Eliza Gkritsi / CoinDesk: Worldcoin integrates with Okta and rolls out its identity protocol World ID in Germany, starting in Berlin; users are verified by the Orbs biometric hardware  —  World ID, which uses biometric data to verify users, helps apps distinguish people from bots and is more private than alternatives like Google sign-in. Lees verder op Tech Meme

Patrick McGee / Financial Times: Advertisers demand significant refunds from YouTube after a report suggested millions of ads served via YouTube’s TrueView system are hidden from users  —  Study shows millions of ads are hidden away in violation of Google-owned group’s policies  —  Advertising industry figures … Lees verder op Tech Meme

Ernie Smith / VICE: A look at the NABU network, an open community launched in December 2022 that preserves historical examples of NABU PC hardware, software, and documentation  —  The NABU Network was an obscure, forgotten part of Canadian tech history—until the day the internet noticed that thousands … Lees verder op Tech Meme