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Tech Meme

Airalo, which offers affordable eSIM roaming packages for travelers, raised a $60M Series B led by e& Capital at a $250M post-money valuation (Ingrid Lunden/TechCrunch) 31-07-2023

Ingrid Lunden / TechCrunch: Airalo, which offers affordable eSIM roaming packages for travelers, raised a $60M Series B led by e& Capital at a $250M post-money valuation  —  Travel is back on the agenda after a Covid-19 hiatus, and today a mobile startup out of Canada is announcing a healthy round of funding to capitalize on that. Lees verder op Tech Meme

SEC charges Hex crypto project founder Richard Heart with conducting unregistered securities offerings, including Hex, PulseChain, and PulseX, that raised $1B+ (Decrypt) 31-07-2023

Decrypt: SEC charges Hex crypto project founder Richard Heart with conducting unregistered securities offerings, including Hex, PulseChain, and PulseX, that raised $1B+  —  The SEC has charged Richard Heart, the founder of the crypto project Hex, with allegedly conducting unregistered securities offerings that raised more than $1 billion. Lees verder op Tech Meme

Some Indian broadcasters are using lifelike AI anchors to deliver news, weather reports, and more, raising job loss fears and questions about media credibility (Neeta Lal/Nikkei Asia) 31-07-2023

Neeta Lal / Nikkei Asia: Some Indian broadcasters are using lifelike AI anchors to deliver news, weather reports, and more, raising job loss fears and questions about media credibility  —  Virtual anchors mean no ‘ego hassles’ in newsrooms, but will they kill jobs?  —  A screenshot from Odisha TV’s YouTube channel shows Lisa … Lees verder op Tech Meme

Apple confirms a Screen Time bug, letting kids go over the time limits imposed by parents to use apps and games, but doesn't offer a timeline for a fix (Julie Jargon/Wall Street Journal) 31-07-2023

Julie Jargon / Wall Street Journal: Apple confirms a Screen Time bug, letting kids go over the time limits imposed by parents to use apps and games, but doesn’t offer a timeline for a fix  —  Settings aren’t sticking; the company says it’s working ‘to improve the situation’  —  Apple’s Screen Time controls are failing parents. Lees verder op Tech Meme

A consortium led by PE firms Francisco and TPG agrees to take observability software company New Relic private in an offer valuing the company at ~$6.5B (Rohan Goswami/CNBC) 31-07-2023

Rohan Goswami / CNBC: A consortium led by PE firms Francisco and TPG agrees to take observability software company New Relic private in an offer valuing the company at ~$6.5B  —  – A private-equity consortium will take software provider New Relic private at $87 a share, the company announced Monday. Lees verder op Tech Meme

Tether reports a $850M net profit in Q2, vs. $1.5B in Q1, with ~$3.3B in excess reserves, up from $2.44B in Q1, and $86.5B+ in total assets as of June 30 (Yogita Khatri/The Block) 31-07-2023

Yogita Khatri / The Block: Tether reports a $850M net profit in Q2, vs. $1.5B in Q1, with ~$3.3B in excess reserves, up from $2.44B in Q1, and $86.5B+ in total assets as of June 30  —  – In its latest attestation report, Tether said it had a net profit of $850 million in the second quarter. Lees verder op Tech Meme

Twitter/X threatens to sue Center for Countering Digital Hate, alleging the nonprofit made “troubling and baseless claims” to hurt Twitter and its ad business (New York Times) 31-07-2023

New York Times: Twitter/X threatens to sue Center for Countering Digital Hate, alleging the nonprofit made “troubling and baseless claims” to hurt Twitter and its ad business  —  The Center for Countering Digital Hate said it had received a letter from X, Twitter’s parent company … Lees verder op Tech Meme

After a digital artist opted out of the Stable Diffusion training set, the community made a model copying his style, raising questions around open-source models (Jose Antonio Lanz/Decrypt) 31-07-2023

Jose Antonio Lanz / Decrypt: After a digital artist opted out of the Stable Diffusion training set, the community made a model copying his style, raising questions around open-source models  —  More popular than Picasso and Leonardo Da Vinci among AI artists, Greg Rutkowski opted out of the Stable Diffusion training set. Lees verder op Tech Meme

Italy's AGCM says it accepted Google's proposed commitments to end a case over the company's alleged abuse of its position in the user data portability market (Elvira Pollina/Reuters) 31-07-2023

Elvira Pollina / Reuters: Italy’s AGCM says it accepted Google’s proposed commitments to end a case over the company’s alleged abuse of its position in the user data portability market  —  – Regulator probed Google over alleged abuse of its position  — Company pledged to update backup service, to launch new tool Lees verder op Tech Meme

Customs data shows China's chip imports fell 22% YoY during H1 2023 and chipmaking equipment imports fell 23% YoY, suggesting US export restrictions are working (Wall Street Journal) 31-07-2023

Wall Street Journal: Customs data shows China’s chip imports fell 22% YoY during H1 2023 and chipmaking equipment imports fell 23% YoY, suggesting US export restrictions are working  —  Washington’s restrictions on sale of advanced technology to Beijing appear to be working—for now Lees verder op Tech Meme