Annie Palmer / CNBC: Amazon tests generative AI product review summaries, giving an overview of what customers liked and disliked alongside with an “AI-generated” disclaimer — – Amazon is testing the use of artificial intelligence to generate summaries of reviews left on some products. Lees verder op Tech Meme
Reuters: Jack Dorsey says India threatened to shut Twitter down unless it complied with orders during farmer protests, a claim called an “outright lie” by the government — Twitter was threatened with shut down in India, Nigeria and Turkey unless it complied with orders to restrict accounts … Lees verder op Tech Meme
Avram Piltch / Tom’s Hardware: Google’s Search Generative Experience seems like an “AI plagiarism engine” that cobbles together snippets of text from a variety of sites, often word-for-word — The Search Generative Experience seems more like a text-copying experience. — Search has always been the Internet’s most important utility. Lees verder op Tech Meme
Kanishka Singh / Reuters: Jack Dorsey says India threatened to shut Twitter down unless it complied with orders during farmer protests, a claim called an “outright lie” by the government — Twitter was threatened with shut down in India, Nigeria and Turkey unless it complied with orders to restrict accounts … Lees verder op Tech Meme
Brody Ford / Bloomberg: Filings: a nonbinding proposal on whether Marc Benioff should continue as Salesforce’s board chairman got 23% of votes versus ~37% in 2022; CRM rose 61% in 2023 — Salesforce Inc. shareholder support for Chief Executive Officer Marc Benioff grew in the past year following a tussle … Lees verder op Tech Meme
Financial Times: The EU reaches a long-awaited deal on rules that could allow 28M gig workers to get social security and more, and will discuss the proposals with the parliament — Member states agree to rules that could give employment benefits to Uber drivers and food delivery riders Lees verder op Tech Meme
Financial Times: Insight Partners slashes the $20B target for its latest fund to $15B, after raising just $2B since June 2022, citing a “great reset in tech” — New York-based venture capital firm said it will scale back the pace of its dealmaking as valuations have slumped Lees verder op Tech Meme
Alexa Corse / Wall Street Journal: In a memo to Twitter employees, CEO Linda Yaccarino said the platform is “on a mission to become the world’s most accurate real-time information source” — Linda Yaccarino, who joined company last week, describes her mission to employees — Twitter’s new chief executive told employees … Lees verder op Tech Meme
Molly White: Unpacking Coinbase’s flawed talking points in its battle with the SEC, including the argument that “securities laws written in the 1930s can’t apply to crypto” — Coinbase is trotting out its usual flawed arguments now that it’s facing a lawsuit from the SEC, and more pushback is needed. Lees verder op Tech Meme
Juro Osawa / The Information: Preqin: total US dollars raised by China-focused VC and PE funds peaked at $48.6B in 2021 before dropping to $16.5B in 2022 and just $1.15B so far in 2023 — Sequoia Capital’s decision this week to split off its China operations showed the impact of growing tensions between Washington and Beijing. Lees verder op Tech Meme