Tech Meme

Ron Miller / TechCrunch: Synergy: enterprise cloud spending grew 19% YoY to $63B in Q1 2023, vs. 32% growth in Q1 2022; Amazon took 32% market share, Microsoft 23%, and Google 10%  —  As expected, companies are continuing to cut back on their cloud spend where possible, as tech budgets continue to get careful scrutiny. Lees verder op Tech Meme

New York Times: Sources: Elon Musk shut off OpenAI’s access to Twitter’s data in December 2022, believing that the $2M/year licensing fee that OpenAI was paying wasn’t enough  —  The billionaire plans to compete with OpenAI, the ChatGPT developer he helped found, while calling out the potential harms of artificial intelligence. Lees verder op Tech Meme

Joyce E. Cutler / Bloomberg Law: Ex-HeadSpin CEO Manish Lachwani pleads guilty to securities and wire fraud charges for disseminating false and overstated revenue figures to potential investors  —  Manish Lachwani, who co-founded and led Silicon Valley startup HeadSpin Inc., pleaded guilty Thursday to securities and wire fraud charges, federal prosecutors said. Lees verder op Tech Meme

Madhumita Murgia / Financial Times: A look at Google’s DeepMind-Brain merger; sources: Demis Hassabis ceded DeepMind’s cherished independence for greater power and influence over the future of AI  —  Start-up founder Demis Hassabis trades independence for greater influence over the future of artificial intelligence Lees verder op Tech Meme

Ron Miller / TechCrunch: Synergy: enterprise cloud spending in Q1 grew 19% YoY to $63B, down from a 32% growth in Q1 2022; Amazon, Microsoft, and Google accounted for 63% of spending  —  As expected, companies are continuing to cut back on their cloud spend where possible, as tech budgets continue to get careful scrutiny. Lees verder op Tech Meme

Jess Weatherbed / The Verge: The US sentences ex-Apple worker Dhirendra Prasad to three years and orders him to pay $19M+ for stealing ~$17M from Apple via parts supplier kickbacks and more  —  A former Apple employee has been sentenced to three years in prison and must pay back over $19 million in restitution … Lees verder op Tech Meme

Ivan Mehta / TechCrunch: Reddit begins testing Discord-like chat channels in 25 volunteer subreddits with fewer than 100K members and plans to let moderators manage chat functionality  —  Reddit announced Thursday that it is testing Discord-like chat channels with select subreddits. Lees verder op Tech Meme

Blake Brittain / Reuters: Filing: Triller agrees to pay Sony Music $4.5M+ to settle claims that Triller breached a 2016 contract covering its use of musicians’ songs on the platform  —  TikTok rival Triller Inc has agreed to pay Sony Music Entertainment (6758.T) more than $4.5 million to resolve claims that Triller breached … Lees verder op Tech Meme

Kelvin Chan / Associated Press: ChatGPT is again available in Italy, after OpenAI met data watchdog’s demands, including a form for EU users to object to having their data used for training  —  ChatGPT’s maker said Friday that the artificial intelligence chatbot is available again in Italy after the company met the demands … Lees verder op Tech Meme

Sidhartha Shukla / Bloomberg: Solana’s SOL token is up ~125% since December 31, outperforming bitcoin’s 78% rally, as the blockchain tries to move past its association with Sam Bankman-Fried  —  The SOL token of the Solana blockchain has more than doubled this year, outperforming Bitcoin, as the project tries to move past … Lees verder op Tech Meme