Tech Meme

Alexandra Alter / New York Times: Q&A with Michael Lewis on his FTX book, “Going Infinite: The Rise and Fall of a New Tycoon”, slated for October 3, visiting SBF, the forthcoming trial, and more  —  About a year after the author Michael Lewis began to shadow Bankman-Fried, the founder of the crypto exchange FTX, Bankman-Fried was arrested. Lees verder op Tech Meme

Zheping Huang / Bloomberg: Baidu reports Q1 revenue up 10% YoY to ~$4.5B and ~$834M net income, both above analyst estimates, driven by its ad and cloud businesses  —  Baidu Inc.’s revenue rose a stronger-than-expected 10% after its advertising and cloud businesses benefited from China’s post-pandemic reopening. Lees verder op Tech Meme

Roland Kelts / Rest of World: After decades of slumber, Japan’s tech industry, which has produced just 10 unicorns, finally shows some signs of life as its startups raised ~$6.4B in 2022  —  After decades of slumber, the country that brought us bullet trains and Nintendo has mustered some momentum. Lees verder op Tech Meme

Alexander Osipovich / Wall Street Journal: SEC court filings: Jump Trading secretly purchased tens of millions of dollars worth of TerraUSD and made ~$1B profit per year before the coin’s 2022 collapse  —  Chicago firm made about $1 billion through dealings with crypto mogul Do Kwon’s company, according to the agency Lees verder op Tech Meme

Jay Peters / The Verge: WhatsApp debuts Chat Lock, letting users put chats in a password- or biometrics-protected folder and removing sender and message contents from notifications  —  WhatsApp is getting a new “Chat Lock” feature intended to make it easier to keep conversations more private. Lees verder op Tech Meme

Darrell Etherington / TechCrunch: An interview with Kevin Systrom on Artifact’s new writer features, serving writers as a key to the news app’s growth, matching consumers with writers, and more  —  Artifact aims to unlock new, cross-platform audience relationships for people who write for a living Lees verder op Tech Meme

Bloomberg: MTN plans to build a $320M East2West inland fiber cable connecting ten African countries in Q4 2023, following its subsea cable that landed in Cape Town in 2022  —  MTN Group Ltd., Africa’s biggest mobile-phone operator, plans to build a $320 million inland fiber cable to connect ten countries … Lees verder op Tech Meme

Alexander Osipovich / Wall Street Journal: Court filings show Jump Trading secretly purchased tens of millions of dollars worth of TerraUSD and made ~$1B in profit a year before the coin’s collapse  —  Chicago firm made about $1 billion through dealings with crypto mogul Do Kwon’s company, according to the agency Lees verder op Tech Meme

Kia Kokalitcheva / Axios: Source: Twitter buys recruiting startup Laskie for “tens of millions” in cash and stock, its first deal of the Elon Musk era; PitchBook: Laskie had raised $6M  —  Twitter appears to have made its first deal of the Elon Musk era: Buying a job-matching tech startup called Laskie, Axios has learned. Lees verder op Tech Meme

Jay Peters / The Verge: WhatsApp debuts Chat Lock, letting users put chats in a password/biometrics-protected folder and get notifications that don’t show the sender or message content  —  WhatsApp is getting a new “Chat Lock” feature intended to make it easier to keep conversations more private. Lees verder op Tech Meme