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Tech Meme

Sources: Elon Musk claimed his new startup xAI was worth $20B while he was trying to recruit top AI talent, including by offering equity in xAI (Semafor) 14-07-2023

Semafor: Sources: Elon Musk claimed his new startup xAI was worth $20B while he was trying to recruit top AI talent, including by offering equity in xAI  —  Elon Musk sought to recruit top AI talent to his new artificial intelligence company with equity in the venture he claimed was already worth tens … Lees verder op Tech Meme

Sources: Dutch export control rules would bar ASML from maintaining, repairing, and providing spare parts for controlled equipment without government approval (Bloomberg) 14-07-2023

Bloomberg: Sources: Dutch export control rules would bar ASML from maintaining, repairing, and providing spare parts for controlled equipment without government approval  —  – ASML will be limited in repairing restricted machines in China  — China’s production capabilities and capacity to be affected Lees verder op Tech Meme

Crypto bridging protocol Multichain ceases operations after confirming Chinese police detained its CEO, Zhaojun, and his sister, who held ~$220M of user assets (Tim Copeland/The Block) 14-07-2023

Tim Copeland / The Block: Crypto bridging protocol Multichain ceases operations after confirming Chinese police detained its CEO, Zhaojun, and his sister, who held ~$220M of user assets  —  – Multichain confirmed its CEO has been detained in China.  — It said the CEO’s sister moved $220 million of funds … Lees verder op Tech Meme

Twitter sues four unnamed entities in Texas for “unlawfully scraping data” and seeks $1M+ in relief; Elon Musk: “that is why we had to put rate limits in place” (Reuters) 14-07-2023

Reuters: Twitter sues four unnamed entities in Texas for “unlawfully scraping data” and seeks $1M+ in relief; Elon Musk: “that is why we had to put rate limits in place”  —  Twitter has filed a lawsuit against four unnamed entities in Texas for data scraping last week … Lees verder op Tech Meme

Sources: Elon Musk claimed xAI was worth $20B, as he was trying to recruit top AI talent and offering equity in his new startup (Semafor) 14-07-2023

Semafor: Sources: Elon Musk claimed xAI was worth $20B, as he was trying to recruit top AI talent and offering equity in his new startup  —  Elon Musk sought to recruit top AI talent to his new artificial intelligence company with equity in the venture he claimed was already worth tens of billions of dollars … Lees verder op Tech Meme

Sensor Tower: from July 8 to July 11 and 12, Threads DAUs fell ~20% and time spent fell 50% to 10 minutes; Similarweb: Android DAUs fell 25%+ from July 7 to 10 (Hayden Field/CNBC) 14-07-2023

Hayden Field / CNBC: Sensor Tower: from July 8 to July 11 and 12, Threads DAUs fell ~20% and time spent fell 50% to 10 minutes; Similarweb: Android DAUs fell 25%+ from July 7 to 10  —  – Facebook’s Twitter-killer, Threads, has seen drops in daily active users and time spent on app since the weekend, according to SensorTower and SimilarWeb. Lees verder op Tech Meme

Meta confirms taking “additional steps” to prevent EU-based users from accessing Instagram's Threads; users report no longer being able to use Threads via a VPN (Ivan Mehta/TechCrunch) 14-07-2023

Ivan Mehta / TechCrunch: Meta confirms taking “additional steps” to prevent EU-based users from accessing Instagram’s Threads; users report no longer being able to use Threads via a VPN  —  After multiple EU-based users complained about not being able to access Instagram’s Threads app through VPN, Meta confirmed that it is blocking such efforts. Lees verder op Tech Meme

Sources: Dutch export control rules will bar ASML from maintaining, repairing, and providing spare parts for controlled equipment without government approval (Bloomberg) 14-07-2023

Bloomberg: Sources: Dutch export control rules will bar ASML from maintaining, repairing, and providing spare parts for controlled equipment without government approval  —  – ASML will be limited in repairing restricted machines in China  — China’s production capabilities and capacity to be affected Lees verder op Tech Meme

Source: Binance has fired over 1,000 people in recent weeks; the cuts are global, ongoing, and could result in the company losing more than a third of its staff (Wall Street Journal) 14-07-2023

Wall Street Journal: Source: Binance has fired over 1,000 people in recent weeks; the cuts are global, ongoing, and could result in the company losing more than a third of its staff  —  Crypto exchange reduces workforce as Justice Department investigation continues  —  Binance, the giant crypto exchange … Lees verder op Tech Meme

Meta insiders detail a return to “OG Mark” and how staff secretly toiled away to determine how to create a Twitter-like service that fit with the company's apps (Salvador Rodriguez/Wall Street Journal) 14-07-2023

Salvador Rodriguez / Wall Street Journal: Meta insiders detail a return to “OG Mark” and how staff secretly toiled away to determine how to create a Twitter-like service that fit with the company’s apps  —  Staffers toiled for months to create a Twitter-like service that would fit with existing apps Lees verder op Tech Meme