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Tech Meme

The FDIC and California regulators say JPMorgan Chase plans to acquire most of First Republic; the bank, which is slightly bigger than SVB, had $100B+ outflows (Financial Times) 01-05-2023

Financial Times: The FDIC and California regulators say JPMorgan Chase plans to acquire most of First Republic; the bank, which is slightly bigger than SVB, had $100B+ outflows  —  Depositors protected but shareholders wiped out in country’s second-largest bank failure  —  JPMorgan Chase is to acquire … Lees verder op Tech Meme

The Super Mario Bros. Movie box office crosses $1B globally, becoming the most financially successful video game movie ever (Rebecca Rubin/Variety) 01-05-2023

Rebecca Rubin / Variety: The Super Mario Bros. Movie box office crosses $1B globally, becoming the most financially successful video game movie ever  —  “The Super Mario Bros. Movie” is officially the first film of the year to cross the coveted $1 billion milestone at the global box office. Lees verder op Tech Meme

Despite scary warnings by the FBI, FCC, and more about “juice jacking” at public charging stations, there are no documented cases ever of an attack in the wild (Dan Goodin/Ars Technica) 01-05-2023

Dan Goodin / Ars Technica: Despite scary warnings by the FBI, FCC, and more about “juice jacking” at public charging stations, there are no documented cases ever of an attack in the wild  —  Juice jacking attacks on mobile phones are nonexistent.  So why are we so afraid? Lees verder op Tech Meme

NewsGuard finds 49 websites populated by generative AI posing as news outlets with generic names like News Live 79; some feature falsehoods and programmatic ads (Davey Alba/Bloomberg) 01-05-2023

Davey Alba / Bloomberg: NewsGuard finds 49 websites populated by generative AI posing as news outlets with generic names like News Live 79; some feature falsehoods and programmatic ads  —  The news-rating group NewsGuard has found dozens of news websites generated by AI chatbots proliferating online … Lees verder op Tech Meme

An interview with AI pioneer Geoffrey Hinton, who recently left Google after over a decade to speak about AI's risks, on regrets, quitting the company, and more (Cade Metz/New York Times) 01-05-2023

Cade Metz / New York Times: An interview with AI pioneer Geoffrey Hinton, who recently left Google after over a decade to speak about AI’s risks, on regrets, quitting the company, and more  —  For half a century, Geoffrey Hinton nurtured the technology at the heart of chatbots like ChatGPT.  Now he worries it will cause serious harm. Lees verder op Tech Meme

Earnings from Meta, Amazon, Google, and Intel were better than expected, sparking hope that the post-pandemic hangover is fading, but sales growth still lags (Meghan Bobrowsky/Wall Street Journal) 01-05-2023

Meghan Bobrowsky / Wall Street Journal: Earnings from Meta, Amazon, Google, and Intel were better than expected, sparking hope that the post-pandemic hangover is fading, but sales growth still lags  —  Shares rise on better-than-expected results, but growth lags behind what Microsoft, Amazon and Google did in past Lees verder op Tech Meme

A profile of Will Wilkerson, a former Truth Social VP who blew the whistle, turned over 150K documents to the SEC and investigators, and now works at Starbucks (Drew Harwell/Washington Post) 01-05-2023

Drew Harwell / Washington Post: A profile of Will Wilkerson, a former Truth Social VP who blew the whistle, turned over 150K documents to the SEC and investigators, and now works at Starbucks  —  The former high-ranking executive of Trump’s media company says he’s shared 150,000 internal documents with federal investigators. Lees verder op Tech Meme

Sources: Istanbul-based grocery delivery startup Getir is in talks to acquire German rival Flink, which also is seeking to raise ~$100M at a $1B+ valuation (Ivan Levingston/Financial Times) 01-05-2023

Ivan Levingston / Financial Times: Sources: Istanbul-based grocery delivery startup Getir is in talks to acquire German rival Flink, which also is seeking to raise ~$100M at a $1B+ valuation  —  Discussions come as consolidation accelerates in one of the pandemic’s hottest tech sectors  —  Grocery delivery app pioneer Getir … Lees verder op Tech Meme

Bhutan has quietly been mining bitcoin since 2019, becoming the second country after El Salvador known to have a state-run mine, and is planning a 100 MW mine (Forbes) 01-05-2023

Forbes: Bhutan has quietly been mining bitcoin since 2019, becoming the second country after El Salvador known to have a state-run mine, and is planning a 100 MW mine  —  The Himalayan kingdom confirmed it has been running a bitcoin mining operation as mystery surrounds the scale of its earlier cryptocurrency investments. Lees verder op Tech Meme

Arm confidentially filed with regulators for a US IPO; sources say Arm seeks to raise between $8B-$10B on the Nasdaq, which is expected to be 2023's largest IPO (Reuters) 29-04-2023

Reuters: Arm confidentially filed with regulators for a US IPO; sources say Arm seeks to raise between $8B-$10B on the Nasdaq, which is expected to be 2023’s largest IPO  —  SoftBank Group Corp’s (9984.T) chip maker Arm Ltd has filed with regulators confidentially for a U.S. stock market listing … Lees verder op Tech Meme