Tech Meme

Eric Berger / Ars Technica: Airbus, Eutelsat, SES, Thales, and other European satellite companies plan to bid for the IRIS² satellite constellation, hoping to rival SpaceX’s Starlink  —  The bid includes large players such as Airbus Defence and Space, Eutelsat, and SES.  —  A consortium of nearly every major … Lees verder op Tech Meme

Alex Konrad / Forbes: A look at the ByteDance investors who have billions in paper profits blocked by the US regulatory standoff over TikTok; source: Sequoia China holds a 10%+ stake  —  The world’s most valuable startup does more than any other investment to put VCs on the Forbes Midas List, including its No. 1. Lees verder op Tech Meme

Wall Street Journal: Sources: Ant Group’s transformation into a fully regulated company has been on hold for over a year as China reshuffles its regulatory system  —  Powerful new regulator will have to approve the fintech giant’s application to become a financial-holding company Lees verder op Tech Meme

Eric Berger / Ars Technica: Airbus, Eutelsat, SES, Thales, and other European satellite companies plan to bid for the IRIS² satellite constellation, hoping to rival SpaceX’s Starlink  —  The bid includes large players such as Airbus Defence and Space, Eutelsat, and SES.  —  A consortium of nearly every major … Lees verder op Tech Meme

Eric Berger / Ars Technica: Airbus, Eutelsat, SES, Thales, and other European satellite companies plan to bid for the IRIS² satellite constellation, hoping to rival SpaceX’s Starlink  —  The bid includes large players such as Airbus Defence and Space, Eutelsat, and SES.  —  A consortium of nearly every major … Lees verder op Tech Meme

Adam Morgan McCarthy / The Block: Dune: Ethereum’s median average transaction fee jumped to ~87 gwei on May 2, the highest level since May 2022, mostly due to memecoin trading exploding again  —  – Average transaction fees on the Ethereum network reached highs last seen in May 2022 this week. Lees verder op Tech Meme

Bloomberg: Source: a leaked April 2023 internal document by Luke Sernau, a senior software engineer at Google, argues that open source AI will outcompete Google and OpenAI  —  A senior software engineer at Google wrote a critique asserting that the internet search leader is losing its edge … Lees verder op Tech Meme

Brian Fung / CNN: New York’s MTA resumes posting automated transit alerts to Twitter after Twitter backtracked on a plan to charge public service accounts for API access  —  New York’s Metropolitan Transportation Authority said it would resume posting automated transit alerts to Twitter on Thursday … Lees verder op Tech Meme

Denny Jacob / Wall Street Journal: DoorDash reports Q1 revenue up 40% YoY to $2.04B, vs. $1.93B est., net loss down 3% YoY to $162M, and total orders up 27% YoY to 512M  —  Food-delivery company’s revenue grows 40% to $2.04 billion, topping Wall Street estimates  —  DoorDash sales surged in the latest quarter as consumers continued … Lees verder op Tech Meme

Joseph Menn / Washington Post: A judge sentences ex-Uber CSO Joe Sullivan to three years of probation; he was convicted in October 2022 for not disclosing a 2016 data breach to regulators  —  He is the first corporate executive convicted of a crime related to a data breach by outsiders.  —  SAN FRANCISCO … Lees verder op Tech Meme