Tech Meme

New York Times: Lindsey Graham and Elizabeth Warren announce the Digital Consumer Protection Commission Act, seeking an independent regulator to license and police Big Tech  —  Mr. Graham, a Republican, is the senior senator from South Carolina.  Ms. Warren, a Democrat, is the senior senator from Massachusetts. Lees verder op Tech Meme

Reuters: Source: about 10 years ago, Tesla rigged the dashboard to overstate battery range; in 2022, Tesla created a “Diversion Team” to suppress thousands of complaints  —  About a decade ago, Tesla rigged the dashboard readouts in its electric cars to provide “rosy” … Lees verder op Tech Meme

Srishti Jaswal / Rest of World: Indian political parties court big and small social media influencers ahead of the 2024 elections, offering to pay for political messages with no disclosures  —  As the campaign for the 2024 elections in India goes digital, social media influencers have become a powerful tool to try and shape voter behavior. Lees verder op Tech Meme

Jon Porter / The Verge: Slack experienced an “outage across the app” starting around 5AM ET for about an hour, including issues with sending messages and search  —  Slack, the workplace chat app, experienced an outage this morning, with messages failing to send on the service. Lees verder op Tech Meme

Bloomberg: Meta forecasts 20% revenue growth in Q3, returning to pre-pandemic and pre-ATT levels, potentially creating cover for expensive AI and metaverse investments  —  – Meta’s current quarter sales projection beats estimates  — Company continues to increase spending on metaverse, AI Lees verder op Tech Meme

Kim Mackrael / Wall Street Journal: The EU opens an antitrust investigation into whether Microsoft abuses its dominant position by bundling Teams with Office, the first investigation in 10+ years  —  Probe marks the first time in a decade that Microsoft has come under formal investigation by Brussels Lees verder op Tech Meme

Jeffrey Dastin / Reuters: AWS VP Swami Sivasubramanian says thousands of customers, including Sony and Ryanair, have tried its AI services suite Bedrock ahead of a wider roll out “soon”  —  Amazon.com’s (AMZN.O) cloud division has drawn thousands of customers to try out its service vying with Microsoft … Lees verder op Tech Meme

Benoit Berthelot / Bloomberg: Franco-Italian chipmaker STMicro reports Q2 revenue up 13% YoY to $4.33B, beating estimates of $4.29B, and inventory rose to 126 days, up from 104 in Q2 2022  —  – Revenue revenue rose 13% to $4.33 billion in second quarter  — Inventory rose to 126 days at the end of the quarter Lees verder op Tech Meme

Morgan Meaker / Wired: As Israel enacts controversial judicial reforms, many tech companies are protesting or distancing themselves from the country, moving money and HQs overseas  —  As protests rage over Israel’s controversial reforms to the supreme court, many tech companies have been moving their money and headquarters offshore. Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: London-based AutogenAI, which offers generative AI tools to write bids and pitches, raised $22.3M; a source says the valuation was in the “hundreds of millions”  —  Business is regularly won and lost on the strength of a proposal.  Now, a startup out of London called AutogenAI … Lees verder op Tech Meme