Tech Meme

Kyle Wiggers / TechCrunch: Meta unveils CM3leon, a transformer model for image generation requiring 5x less compute and a smaller training data set than past transformer-based models  —  Over the past two years, AI-powered image generators have become commodified, more or less, thanks to the widespread availability of … Lees verder op Tech Meme

Ivan Mehta / TechCrunch: Meta says it has taken “further measures” to prevent EU-based users from accessing Instagram’s Threads, including blocking access through VPNs  —  After multiple EU-based users complained about not being able to access Instagram’s Threads app through VPN, Meta confirmed that it is blocking such efforts. Lees verder op Tech Meme

Taylan Bilgic / Bloomberg: Turkey’s top court upholds a law restricting companies’ ad spend and customer data use if their sales exceed given limits, in a blow to Alibaba’s unit Trendyol  —  Turkey’s top court upheld a law tightening regulation on e-commerce companies in a blow to Trendyol, the market-leading local unit … Lees verder op Tech Meme

Tim Copeland / The Block: Multichain ceases operations after the crypto bridging protocol’s CEO Zhaojun and his sister, who held ~$220M of user assets, were detained by Chinese police  —  – Multichain confirmed its CEO has been detained in China.  — It said the CEO’s sister moved $220 million of funds … Lees verder op Tech Meme

Reuters: Sources and a document: India told Netflix, Disney, and other streaming services to consider an independent panel to review content ahead of its release  —  – India has been strictly regulating streaming platforms  — Wants expert panel for age ratings, content review Lees verder op Tech Meme

Financial Times: After China’s curbs, the EU calls on aluminum and zinc companies to investigate producing key chip metals; the EU sources 71% of its gallium from China  —  Aluminium and zinc companies approached about making gallium and germanium critical to semiconductors Lees verder op Tech Meme

Reuters: Twitter sues four unnamed entities in Texas for “unlawfully scraping data” and seeks $1M+ in relief; Elon Musk links the move to recent rate limit rules  —  Twitter has filed a lawsuit against four unnamed entities in Texas for data scraping last week, a move that showed … Lees verder op Tech Meme

Michael Schulman / New Yorker: Netflix’s Orange Is the New Black was an early indicator of how lopsided the streaming economy would be, as 10 actors from the show detail tiny residual incomes  —  The innovative and daring show was a worldwide hit for Netflix, but some of the actors say that they were never fairly compensated. Lees verder op Tech Meme

Taylor Lorenz / Washington Post: Twitter’s creators program makes its first payouts, including to far-right influencers like Andrew Tate, who made over $20K, Ian Miles Cheong, and Benny Johnson  —  The platform is paying high profile creators, including Andrew Tate, thousands of dollars for posting to the app Lees verder op Tech Meme

Jay Peters / The Verge: Reddit plans to sunset its current coins and awards systems used to show post appreciation by September 12, 2023; no new coins can be purchased starting now  —  Reddit is sunsetting its current coins and awards systems, meaning you soon won’t be able to thank a kind stranger for giving you Reddit Gold for one of your posts. Lees verder op Tech Meme