Insider: Sources: Microsoft’s M12 has sold shares of some of its portfolio companies at 30% to 70% discount on secondary exchanges; Microsoft says it sold <10 companies — – M12, Microsoft’s venture firm, is offloading some of its portfolio on secondary exchanges, sources say. Lees verder op Tech Meme
Gavin Bonshor / AnandTech: AMD announces Ryzen 9 7945HX3D, its first mobile CPU based on 3D V-cache packaging, with 16 Zen 4 CPU cores and a 2.3GHz base frequency, available on August 22 — For this year’s ChinaJoy expo, AMD is taking to the show to announce a new and very special mobile CPU for high-end … Lees verder op Tech Meme
Ryan Mac / New York Times: To build a super app like those in Asia, Elon Musk will face issues such as cultural differences and regulatory scrutiny, like Meta, Snap, and Uber did before — Mr. Musk, the owner of Twitter, is the latest Silicon Valley mogul to pursue an all-in-one app, the kind that has thrived in Asia but not elsewhere. Lees verder op Tech Meme
Reuters: At an internal town hall, Chris Cox said Meta is looking to add more “retention-driving hooks” to Threads, like showing Instagram users important Threads — Meta Platforms (META.O) executives are heavily focused on boosting retention on their new Twitter rival Threads … Lees verder op Tech Meme
Washington Post: Twitter/X reinstates the account of a right-wing influencer with over 500K followers who posted child sex abuse imagery that drew over 3M views and 8K retweets — It’s only the latest incident of banned imagery making its way onto the site since Musk bought it — CORRECTION Lees verder op Tech Meme
Adriana Lee / WWD: Croissant, which integrates into merchants’ sites and uses AI to generate a guaranteed buyback value on listed items, launches with a $24M seed — Croissant launches Thursday with a novel proposition for retailers and consumers. — Resale isn’t just a business, for a growing swath of consumers, it’s a pre-purchase consideration. Lees verder op Tech Meme
Lorenzo Franceschi-Bicchierai / TechCrunch: Analyses: hackers infect players of an old Call of Duty game with a worm that spreads in online lobbies; Activision turns off multiplayer for the game on Steam — Hackers are infecting players of an old Call of Duty game with a worm that spreads automatically in online lobbies, according to two analyses of the malware. Lees verder op Tech Meme
Bill Toulas / BleepingComputer: Wiz researchers say two vulnerabilities in the OverlayFS filesystem module in Ubuntu may allow unprivileged local users to gain elevated privileges — Two Linux vulnerabilities introduced recently into the Ubuntu kernel create the potential for unprivileged local users to gain elevated privileges on a massive number of devices. Lees verder op Tech Meme
PYMNTS.com: RapidAI, which develops AI-powered software to help diagnose neurovascular, cardiac, and vascular diseases, raised a $75M Series C led by Vista Credit Partners — RapidAI has secured $75 million in Series C funding to continue developing its clinical artificial intelligence (AI) solutions. Lees verder op Tech Meme
Berber Jin / Wall Street Journal: Sources: Sequoia cut the size of its cryptocurrency fund to $200M from $585M and of its ecosystem fund, which invests in other funds, to $450M from $900M — Brand has come under scrutiny following a series of controversial decisions — Sequoia Capital pared back the size of two major venture funds … Lees verder op Tech Meme