Tech Meme

Anna Tong / Reuters: Some tech insiders say that generative AI won’t save San Francisco’s economy and commercial real estate woes as the startups bring fewer jobs and automate work  —  In a frenzy unseen since the birth of social media in the early 2000s, investors are pouring billions into generative AI and fueling a startup boom in San Francisco. Lees verder op Tech Meme

Alex Ivanovs / Stack Diary: Brave appears to be selling copyrighted data for AI training and giving third parties the “rights” to that data, while not disclosing its own robot crawler  —  And even though there are some concerns about the type of data that was used […]  —  I’m fairly certain … Lees verder op Tech Meme

Tim Bradshaw / Financial Times: The UK CMA pushes back its July 18 deadline to block Microsoft’s Activision Blizzard acquisition to August 29, which could mean the deal closes within six weeks  —  New timetable from Competition and Markets Authority means $75bn transaction could be closed within weeks Lees verder op Tech Meme

Igor Bonifacic / Engadget: Bluesky adds the N-word to a “reserved” words list, after users reported that some usernames include the slur, highlighting the site’s ongoing moderation issues  —  The oversight highlighted an ongoing moderation issue at the platform.  —  Before this week, Bluesky … Lees verder op Tech Meme

Dan Goodin / Ars Technica: Microsoft’s disclosures about Chinese government hackers accessing US government email accounts try to obscure the role of the company’s zero-days in the breach  —  Critics also decry Microsoft’s “pay-to-play” monitoring that detected intrusions.  —  On Friday, Microsoft attempted to explain … Lees verder op Tech Meme

Jahnavi Nidumolu / Reuters: Elon Musk says a ~50% ad revenue drop and a heavy debt load kept Twitter cash flow negative; he said in March 2023 the company could be cash flow positive in Q2  —  Elon Musk said Twitter’s cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load. Lees verder op Tech Meme

Christopher Mims / Wall Street Journal: Twitter could become irrelevant if the trends driving Threads’ success, like network effects, Elon Musk’s self-inflicted wounds, and a different vibe, persist  —  Threads, from Instagram, has many distinct qualities that make it the first credible threat to Elon Musk’s vision of what a social network should be Lees verder op Tech Meme

Reuters: Sources: Intel CEO Pat Gelsinger and Qualcomm CEO Cristiano Amon plan to meet US officials in DC next week to discuss China policy, the market, and export curbs  —  The chief executives of Intel Corp (INTC.O) and Qualcomm Inc (QCOM.O) are planning to visit Washington next week to discuss China policy … Lees verder op Tech Meme

Bill Toulas / BleepingComputer: Updraft patches its AIOS WordPress plugin, which logged plaintext passwords and is used by 1M+ sites; Updraft didn’t warn its users during the exposure period  —  The All-In-One Security (AIOS) WordPress security plugin, used by over a million WordPress sites, was found to be logging plaintext passwords … Lees verder op Tech Meme

Brendan Pierson / Reuters: A US appeals court temporarily blocks a lower July 6 court order sharply limiting US government officials’ and agencies’ contacts with social media companies  —  A U.S. appeals court on Friday temporarily blocked a lower court order that had sharply limited certain Biden administration officials … Lees verder op Tech Meme