Tech Meme

Ashutosh Joshi / Bloomberg: After Indian consumer tech startups refocused on profits, shares have rallied in 2023; Paytm grew 69%, adding over $2.7B, Zomato rose 28%, and Policybazaar 47%  —  India’s dream of developing a market for consumer-focused technology startups has gotten back on track as digital payments leader Paytm leads … Lees verder op Tech Meme

Todd Bishop / GeekWire: Amazon plans to hold Prime Day on July 11 and July 12 and introduce an invite-only Prime Days deals program; an Indian version will be held “later this summer”  —  In-depth Amazon coverage from the tech giant’s hometown, including e-commerce, AWS, Amazon Prime, Alexa, logistics, devices, and more. Lees verder op Tech Meme

Will Douglas Heaven / MIT Technology Review: A look at the recent debates in the AI industry over existential risks, as what were once considered extreme views have now become mainstream talking points  —  “Ghost stories are contagious.”  —  Who’s afraid of the big bad bots?  A lot of people, it seems. Lees verder op Tech Meme

Jesse Levine / Bloomberg: A profile of Alibaba’s next Chairman Joseph Tsai, a longterm Jack Ma ally who has become a prominent blockchain investor since co-founding the ecommerce company  —  Alibaba Group Holding Ltd. is bringing back Joseph Tsai, who has become a prominent blockchain proponent and owner … Lees verder op Tech Meme

Kana Inagaki / Financial Times: Masayoshi Son says SoftBank plans to go on the “counteroffensive” soon by resuming AI investments; the group has $35B+ after halting investments in recent years  —  Billionaire chief talks up AI and reveals he had breakdown in October where he questioned his achievements as an entrepreneur Lees verder op Tech Meme

Kat Bailey / IGN: In a reorganization, EA splits EA Games and EA Sports, renaming the former as EA Entertainment, hinting at the company’s possible expansion beyond games  —  EA is undergoing a major internal reorganization, with EA Games being renamed “EA Entertainment.”  —  Electronic Arts is undergoing … Lees verder op Tech Meme

Jay Peters / The Verge: Reddit suspended some moderators after they changed their subreddits to NSFW; Reddit says the mods violated its policy by incorrectly marking subreddits as NSFW  —  Reddit has started removing moderator teams managing subreddits that switched the labeling on their communities to Not Safe For Work … Lees verder op Tech Meme

Kana Inagaki / Financial Times: Masayoshi Son says SoftBank will go on the “counteroffensive” soon by resuming AI investments; the group has $35B+ after it halted investments in recent years  —  Billionaire chief talks up AI and reveals he had breakdown in October where he questioned his achievements as an entrepreneur Lees verder op Tech Meme

Julie Steinberg / Wall Street Journal: KoBold Metals, which uses AI and ML to identify deposits of cobalt, copper, nickel, and lithium, raised ~$200M led by T. Rowe Price at a $1B+ valuation  —  KoBold Metals raises $200 million to dig for copper, lithium using AI  —  Some of the tech industry’s most prominent investors … Lees verder op Tech Meme

Yonhap News Agency: Sources say YouTube plans to launch its first official shopping channel for live commerce in South Korea on June 30 with content from about 30 brands  —  Kim Na-young  —  YouTube will launch its official shopping channel in South Korea for live commerce later this month for the first time in the world … Lees verder op Tech Meme