Tech Meme

Bloomberg: Sources: some global investors including Warburg Pincus and GIC opt out of Ant Group’s proposed share buyback after the company’s valuation was slashed by 70%+  —  – Canada Pension, GIC also passing on opportunity to sell shares  — Fidelity, T. Rowe Price will sell some shares back to Ant Lees verder op Tech Meme

Rita Liao / TechCrunch: China releases draft rules for limiting the use of facial recognition to “specific purposes and full necessity,” requiring individual approval, and more  —  The pervasive use of facial recognition technology across all facets of life in China has elicited both praise for its convenience and backlash around privacy concerns. Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Austin-based One Model, which uses AI to help employers make recruiting, hiring, layoffs, and other HR decisions, raised $41M led by Riverwood Capital  —  One Model, a platform that uses AI to help employers make decisions about recruiting, hiring, promotions, layoffs and general workplace planning … Lees verder op Tech Meme

Bryson Masse / VentureBeat: Atlanta-based Tractian, which uses AI and edge computing to identify industrial machine failures, raised a $45M Series B led by General Catalyst  —  Tractian, an industrial asset monitoring company that uses AI to predict mechanical failures, has announced a $45 million Series B funding round led … Lees verder op Tech Meme

Richard Lawler / The Verge: A US judge denies Google a summary judgment in a $5B lawsuit over the way it tracked users’ internet activities in Incognito mode, pushing it closer to a trial  —  On Monday, a California judge denied Google’s request for summary judgment in a lawsuit filed by users alleging the company illegally invaded … Lees verder op Tech Meme

Ellen Nakashima / Washington Post: Sources: in late 2020, the NSA discovered that Chinese hackers had access to Japanese defense networks, with the problem persisting until at least fall 2021  —  Tokyo has strengthened its defenses after a major cybersecurity breach, but gaps remain that could slow information-sharing with the Pentagon Lees verder op Tech Meme

Ellen Nakashima / Washington Post: Sources: in late 2020, the NSA discovered that Chinese hackers had access to Japanese defense networks, with the problem persisting until at least early 2021  —  Tokyo has strengthened its defenses after a major cybersecurity breach, but gaps remain that could slow information-sharing with the Pentagon Lees verder op Tech Meme

Hayden Field / CNBC: Zoom updates its terms to let the company train its AI models using some customer data, and says it doesn’t use audio, video, or chat content without consent  —  – Zoom’s terms of service update establishes the video platform’s right to use some customer data for training its AI models. Lees verder op Tech Meme

Mark Gurman / Bloomberg: Developer logs: Apple is testing an M3 Max chip with a 16-core CPU, a 40-core GPU, and 48GB of RAM, in a MacBook Pro that’s expected to debut in 2024  —  – The chip has 16 central processing cores and 40 for graphics  — Company is testing flurry of new Macs as it seeks sales boost Lees verder op Tech Meme

Foo Yun Chee / Reuters: The European Commission opens an in-depth probe into Adobe’s $20B Figma deal, after a preliminary review triggered concerns that it may reduce competition  —  Adobe’s (ADBE.O) $20 billion bid for cloud-based designer platform Figma could reduce competition in global markets … Lees verder op Tech Meme