Tech Meme

Aidan Ryan / The Information: Source: MoonPay company insiders, including its CEO, cashed out shares worth $150M as part of the crypto payment company’s 2021 $555M Series A  —  In November 2021, just as crypto prices were hitting all-time highs, MoonPay—a crypto payments startup that celebrities including Jimmy Fallon … Lees verder op Tech Meme

James Vincent / The Verge: While OpenAI has become more upfront about ChatGPT’s limitations, the company should do more to make clear the bot can’t reliably distinguish fact from fiction  —  “May occasionally generate incorrect information.”  —  This is the warning OpenAI pins to the homepage of its AI chatbot ChatGPT … Lees verder op Tech Meme

Reuters: HP reports Q2 revenue down 21.7% YoY to $12.91B, vs. $13.07B est., Personal Systems revenue down 29% YoY to $8.18B, and Printing revenue down 5% YoY to $4.74B  —  HP Inc (HPQ.N) on Tuesday missed Wall Street targets for second-quarter revenue, hurt by a slowdown in the personal computer market … Lees verder op Tech Meme

Jon Swartz / MarketWatch: HPE reports Q2 revenue up 4% YoY to $7B, vs. $7.3B est., HPC & AI revenue up 18% YoY to $840M, and Intelligent Edge revenue up 50% YoY to $1.3B  —  HP CEO expects PC sales to rebound in the second half of the year and notes that AI will ‘redefine what PCs can do’ Lees verder op Tech Meme

Brandy Betz / CoinDesk: Miami-based Transak, which sells payment and onboarding infrastructure for Web3 games and financial apps, raised a $20M Series A led by CE Innovation Capital  —  The startup offers on- and off-ramps that could make it easier for new users to interact with Web3 projects. Lees verder op Tech Meme

Zac Hall / 9to5Mac: Analyst Ross Young says Apple’s upcoming MR headset will have two 1.41 Micro OLED displays targeting 5,000+ nits of brightness and 4,000 pixels per inch  —  The tech community is collectively on the edge of our seats as we zoom toward the expected unveiling of Apple’s mixed reality headset. Lees verder op Tech Meme

Bloomberg: Sources: Binance is discussing letting some of its institutional clients use bank deposits as collateral for margin trading, to help reduce counterparty risk  —  Binance is discussing a proposal to let some of its institutional clients keep their trading collateral at a bank instead … Lees verder op Tech Meme

Emma Roth / The Verge: Amazon discontinues Alexa’s celebrity voices feature, offering Samuel L. Jackson’s, Shaquille O’Neal’s, and Melissa McCarthy’s voices, even for those who paid  —  Amazon is getting rid of its celebrity voices for Alexa.  Not only are the voices of Samuel L. Jackson, Shaquille O’Neal … Lees verder op Tech Meme

Associated Press: The NHTSA closes its investigation into Tesla’s Passenger Play, after the company’s December 2021 update disabled the video game feature when the car is moving  —  U.S. highway safety regulators have closed an investigation into Tesla allowing video games to be played on center touch screens while vehicles are moving. Lees verder op Tech Meme

Rohan Goswami / CNBC: Nvidia opens at a $1T market cap, joining Apple, Microsoft, Alphabet, and Amazon, after raising its Q2 revenue forecast due to AI demand; NVDA is up 170%+ YTD  —  – Nvidia briefly hit a $1 trillion market cap at the start of trading Tuesday  — Nvidia shares are trading at around $409 a share. Lees verder op Tech Meme