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Tech Meme

The global cybersecurity market grew 12.5% YoY to $18.6B in Q1 2023, despite tighter budgets; Palo Alto Networks had an 8.7% share, Fortinet 7%, and Cisco 6.1% (Canalys) 20-06-2023

Canalys: The global cybersecurity market grew 12.5% YoY to $18.6B in Q1 2023, despite tighter budgets; Palo Alto Networks had an 8.7% share, Fortinet 7%, and Cisco 6.1%  —  The worldwide cybersecurity market grew 12.5% year on year in Q1 2023 to US$18.6 billion, outpacing the rest of the tech sector despite worsening macroeconomic conditions. Lees verder op Tech Meme

Alibaba's shakeup, including adding company veteran Joe Tsai, highlights its conundrum over splitting into six units and pursuing profit or growth ahead of IPOs (Tim Culpan/Bloomberg) 20-06-2023

Tim Culpan / Bloomberg: Alibaba’s shakeup, including adding company veteran Joe Tsai, highlights its conundrum over splitting into six units and pursuing profit or growth ahead of IPOs  —  An investor in any of Alibaba Group Holding Ltd.’s six divisions will be faced with a choice: profit or growth. Lees verder op Tech Meme

Aviva, Fidelity, and other big institutional investors are increasingly pressuring tech companies to prevent AI misuse, concerned about potential liability (Kenza Bryan/Financial Times) 20-06-2023

Kenza Bryan / Financial Times: Aviva, Fidelity, and other big institutional investors are increasingly pressuring tech companies to prevent AI misuse, concerned about potential liability  —  Financial firms worried about liability for human rights issues associated with the burgeoning technology Lees verder op Tech Meme

Crypto exchange EDX Markets, backed by Citadel, Fidelity, and Charles Schwab, quietly began executing trades in recent weeks, offering a noncustodial service (Alexander Osipovich/Wall Street Journal) 20-06-2023

Alexander Osipovich / Wall Street Journal: Crypto exchange EDX Markets, backed by Citadel, Fidelity, and Charles Schwab, quietly began executing trades in recent weeks, offering a noncustodial service  —  EDX Markets won’t directly handle customers’ digital assets or directly serve individual investors Lees verder op Tech Meme

Twitter says CEO Linda Yaccarino and Elon Musk do not plan to attend the week-long Cannes Lions festival, even during the company's new “brand safety” push (Mark Bergen/Bloomberg) 20-06-2023

Mark Bergen / Bloomberg: Twitter says CEO Linda Yaccarino and Elon Musk do not plan to attend the week-long Cannes Lions festival, even during the company’s new “brand safety” push  —  Elon Musk and Twitter Inc.’s new Chief Executive Officer Linda Yaccarino won’t be at the advertising industry’s biggest annual event … Lees verder op Tech Meme

Binance begins running nodes on the Bitcoin Lightning Network, part of a plan to use the service for deposits and withdrawals to alleviate network congestion (Frank Chaparro/The Block) 20-06-2023

Frank Chaparro / The Block: Binance begins running nodes on the Bitcoin Lightning Network, part of a plan to use the service for deposits and withdrawals to alleviate network congestion  —  – Binance confirmed Tuesday it has started the process of integrating the Lightning Network.  — They would join rivals Kraken and Bitfinex who have already integrated it. Lees verder op Tech Meme

Experts warn about pedophiles using generative AI to create CSAM, leading to thousands of images on dark web forums; some question whether laws cover the images (Drew Harwell/Washington Post) 20-06-2023

Drew Harwell / Washington Post: Experts warn about pedophiles using generative AI to create CSAM, leading to thousands of images on dark web forums; some question whether laws cover the images  —  Investigators say the disturbing images could undermine efforts to find real-world victims  —  The revolution in artificial intelligence … Lees verder op Tech Meme

Documents show OpenAI lobbied for parts of the EU's AI Act to be watered down, including successfully avoiding its general purpose AI being deemed “high risk” (Billy Perrigo/TIME) 20-06-2023

Billy Perrigo / TIME: Documents show OpenAI lobbied for parts of the EU’s AI Act to be watered down, including successfully avoiding its general purpose AI being deemed “high risk”  —  The CEO of OpenAI, Sam Altman, has spent the last month touring world capitals where, at talks to sold-out crowds … Lees verder op Tech Meme

In his first appearance in seven months, Masayoshi Son makes a case for SoftBank's future, saying the company “won't be deterred by a few short-term losses” (Bloomberg) 20-06-2023

Bloomberg: In his first appearance in seven months, Masayoshi Son makes a case for SoftBank’s future, saying the company “won’t be deterred by a few short-term losses”  —  SoftBank Group Corp. is in position to win the race to master AI, thanks to its billions of dollars of tech investments … Lees verder op Tech Meme

The Anti-Meta Fedi Pact, circulated on Mastodon, pledges to block Meta's planned ActivityPub service, a petty and insular move that will keep Mastodon small (John Gruber/Daring Fireball) 20-06-2023

John Gruber / Daring Fireball: The Anti-Meta Fedi Pact, circulated on Mastodon, pledges to block Meta’s planned ActivityPub service, a petty and insular move that will keep Mastodon small  —  The Anti-Meta Fedi Pact: … Yours truly, on Bluesky a month ago (which, ironically, is not yet open itself, so here’s an open preview): Lees verder op Tech Meme