Tech Meme

Austin Weinstein / Bloomberg: The SEC sues Coinbase, alleging the exchange operated as an unregistered broker since at least 2019 and broke the rules by offering “staking”; COIN drops 10%+  —  The Securities and Exchange Commission sued Coinbase Global Inc. in federal court in New York on Tuesday, alleging the crypto firm for years broke its rules. Lees verder op Tech Meme

Tom Wilson / Reuters: Nansen: investors have pulled ~$780M on Ethereum from Binance and $13M from its US affiliate in the past 24 hours, following the SEC’s lawsuit  —  Investors have pulled around $780 million from crypto exchange Binance in the last 24 hours, data firm Nansen said on Tuesday … Lees verder op Tech Meme

Will Goodbody / RTÉ: US-based human resources company UKG acquires Irish payroll software developer Immedis, in a deal understood be worth well in excess of €500M  —  Irish payroll management platform Immedis has been bought by the US human resources, payroll and workforce solutions business, UKG … Lees verder op Tech Meme

Marc Andreessen / Andreessen Horowitz: A look at why AI will “save the world”, including by augmenting human intelligence, a case against the moral panic about AI, and the risks of not pursuing AI  —  The era of Artificial Intelligence is here, and boy are people freaking out.  —  Fortunately, I am here to bring the good news … Lees verder op Tech Meme

Stephen Warwick / iMore: Apple accidentally made the iOS 17, iPadOS 17, watchOS 10, and macOS Sonoma developer betas available to all, including those without paid developer accounts  —  What is going on here?  —  Apple has massively screwed up distributing the iOS 17 developer beta, accidentally making it available … Lees verder op Tech Meme

Kathrin Hille / Financial Times: In a first, geopolitics took center stage at TSMC’s annual meeting; chair Mark Liu defended the global expansion and said “going to the US is not all downside”  —  Shareholders question strategy but chair says new foundries outside Taiwan can help it maintain global leadership Lees verder op Tech Meme

Sarah McBride / Bloomberg: Enterprise software startup Instabase raised a $45M Series C led by Tribe Capital at a $2B valuation, up from $1.05B for its $105M Series B in October 2019  —  Business services startup Instabase Inc. has raised a new round of funding that doubles its valuation to $2 billion … Lees verder op Tech Meme

Scharon Harding / Ars Technica: Counterfeit tech scams run amok on Walmart and eBay because the platforms have failed to properly vet sellers and their products; Amazon has had similar issues  —  If I can spot a fake SSD, why can’t Walmart?  —  Online retailers that host third-party sellers, like Amazon and Walmart … Lees verder op Tech Meme

Priya Anand / Bloomberg: Reddit defends its usage-based API pricing as covering costs, arguing the company “needs to be fairly paid to continue supporting high-usage third-party apps”  —  A number of Reddit forums plan to go dark for two days later this month to protest the company’s decision to increase prices for third-party app developers. Lees verder op Tech Meme

Stephen Warwick / iMore: Apple appears to have accidentally made the iOS 17 developer beta available to all users, including those without any developer or paid accounts  —  What is going on here?  —  Apple has massively screwed up distributing the iOS 17 developer beta, accidentally making it available to everyone following WWDC 2023, iMore can confirm. Lees verder op Tech Meme