Tech Meme

Financial Times: As Revolut and other “e-money” companies grow in the EU and the UK, customers complain of inadequate customer support, leading to a UK FCA warning in March 2023  —  Regulators crack down after complaints mushroom about digital money services  —  In early 2023, John started … Lees verder op Tech Meme

Jay Caspian Kang / New Yorker: Utah’s bills restricting kids’ social media use have galling civil-liberties concerns and hazy enforcement plans, and will likely face constitutional challenges  —  Most people seem to agree that something should be done to protect kids from what sure looks like an addictive product. Lees verder op Tech Meme

Andy Bell: A Mastodon user since 2018 details issues with the service despite decentralization’s promise, including little diversity, tone policing, and a weird atmosphere  —  I first joined Mastodon in 2018 (even though my old profile says 2016?), so I’d say I’ve seen a lot of its evolution. Lees verder op Tech Meme

Joe Brock / Reuters: Sources: Chinese state-owned telecom companies are planning a $500M undersea fiber internet cable network linking Asia, the Middle East, and Europe  —  Chinese state-owned telecom firms are developing a $500 million undersea fiber-optic internet cable network that would link Asia … Lees verder op Tech Meme

New York Times: Research: Chinese officials and state media pushed back on a US TikTok ban on Twitter, echoing the Huawei defense, showing Beijing’s investment in TikTok’s fate  —  The company has tried to distance itself, but the information push shows just how deeply invested Beijing is in its fate. Lees verder op Tech Meme

Nqobile Dludla / Reuters: Vodacom, MTN, Telkom, and other South African mobile networks scramble to stay online as the power grid crumbles, spending millions on alternative power sources  —  On a recent Friday morning north of Johannesburg, the head of South Africa’s largest telecoms company surveyed the arsenal … Lees verder op Tech Meme

Oliver Knight / CoinDesk: The Australian Securities and Investments Commission cancels Binance Australia’s derivatives license, giving the exchange until April 21 to close all positions  —  ASIC has been conducting a targeted review of Binance’s businesses, the press release said.  —  The Australian Securities … Lees verder op Tech Meme

Miles Kruppa / Wall Street Journal: Sundar Pichai says Google plans to add generative AI to Search, dismissing the threat to its ads business, and more work is needed to become 20% more productive  —  ‘More work left to do’ in efficiency drive, chief executive says  —  Google plans to add conversational artificial-intelligence features … Lees verder op Tech Meme

Masha Borak / MIT Technology Review: A look at Russia’s tech industry decline, accelerated by the country’s war against Ukraine, further pushing Yandex and other successful companies into isolation  —  Seven days after the invasion of Ukraine, Vladimir Belugin packed up his and his family’s belongings, canceled the lease … Lees verder op Tech Meme

The Block: OPNX, an exchange for trading bankruptcy claims run by 3AC founders Su Zhu and Kyle Davie, had $13.64 in volume in its first 24 hours; OPNX’s FLEX drops 27%+  —  – OPNX did not start off with a bang.  — The exchange’s token, FLEX, is down 27%, trading at $1.95. Lees verder op Tech Meme