Tech Meme

Manish Singh / TechCrunch: Investors in Bengaluru-based Mojocare say they found “financial irregularities” at the health care startup, which has raised ~$23M from Sequoia India and others  —  Mojocare investors have found “financial irregularities” at the Indian health and wellness startup and are moving … Lees verder op Tech Meme

Marissa Newman / Bloomberg: Benjamin Netanyahu says Intel agreed in principle to build a $25B chip plant in Israel, slated to begin operations by 2027 and remain active until at least 2035  —  Intel Corp. has agreed in principle to build a new manufacturing plant in Israel, part of a push by the US semiconductor giant … Lees verder op Tech Meme

Carly Page / TechCrunch: The BlackCat ransomware gang threatens to release 80GB of data allegedly stolen from Reddit; Reddit confirms BlackCat’s claims relate to a February 9 incident  —  Hackers are threatening to release confidential data stolen from Reddit unless the company pays a ransom demand – and reverses its controversial API price hikes. Lees verder op Tech Meme

Dewi Kurniawati / Reuters: SpaceX launches Indonesia’s largest telecoms satellite as part of a $540M project to offer internet in remote areas; the SATRIA-1 offers 150GB/second throughput  —  Indonesia and Elon Musk’s rocket company SpaceX on Monday launched the country’s largest telecommunication satellite from the United States … Lees verder op Tech Meme

BBC: An interview with Foxconn chairman Young Liu on shifting some supply chains away from China as China-US tensions rise, hoping to capture 5% of EVs, and more  —  iPhone maker Foxconn is betting big on electric cars and redrawing some of its supply chains as it navigates a new era of icy Washington-Beijing relations. Lees verder op Tech Meme

Megan Graham / Wall Street Journal: Duolingo says the company significantly scaled back TV ads and that growing DAUs 62% YoY to 20.3M in Q1 2023 is due in part to efficient social media marketing  —  The language-learning app now relies more on memes—helping it climb to 20 million daily active users Lees verder op Tech Meme

The Guardian: Meta faces pressure from UK MPs, consumer groups, and banks over its failure to prevent fraud on its platforms, estimated to cost UK households £250M in 2023  —  Exclusive: Calls for Meta to curb rise in scams on its platforms, which will cost UK households £250m this year Lees verder op Tech Meme

Marah Eakin / Wired: How Pixar used neural style transfer, a type of AI used to make photos look like popular artworks, to animate Ember, a lead character in its movie Elemental  —  It’s harder to make fire than you might think.  But the Pixar team was determined to do the impossible.  —  Pixar had a problem. Lees verder op Tech Meme

John Carreyrou / New York Times: A look at the orchestrated downfall of Kyle Roche, co-founder of Roche Freedman LLP, known for suing crypto companies and getting a verdict against Craig Wright  —  Kyle Roche was a rising star in the field of cryptocurrency law — until his career imploded.  Who orchestrated his downfall? Lees verder op Tech Meme

Megan Graham / Wall Street Journal: Duolingo says the company significantly scaled back TV ads, and its DAUs growing 62% YoY to 20.3M in Q1 2023 is due in part to efficient social media marketing  —  The language-learning app now relies more on memes—helping it climb to 20 million daily active users Lees verder op Tech Meme