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Tech Meme

Source: Trump plans to announce a company called TikTok America, with a 50% stake for US investors and 19.9% for ByteDance, which would license the algorithm (Kaya Yurieff/The Information) 02-04-2025

Kaya Yurieff / The Information: Source: Trump plans to announce a company called TikTok America, with a 50% stake for US investors and 19.9% for ByteDance, which would license the algorithm  —  President Donald Trump plans to announce later on Wednesday his plan for a new company called TikTok America … Lees verder op Tech Meme

Sources: Justin Sun bailed out Techteryx's TrueUSD after $456M in reserves, managed by First Digital, became illiquid; Techteryx says it was a victim of fraud (Sam Reynolds/CoinDesk) 02-04-2025

Sam Reynolds / CoinDesk: Sources: Justin Sun bailed out Techteryx’s TrueUSD after $456M in reserves, managed by First Digital, became illiquid; Techteryx says it was a victim of fraud  —  Justin Sun bailed out Techteryx’s TrueUSD stablecoin after nearly half a billion dollars of its reserves were rendered illiquid … Lees verder op Tech Meme

FDUSD stablecoin depegged 9% after Justin Sun raised concerns over Hong Kong-based First Digital Trust's solvency; Binance alone holds ~$2.2B worth of FDUSD (Daniel Kuhn/The Block) 02-04-2025

Daniel Kuhn / The Block: FDUSD stablecoin depegged 9% after Justin Sun raised concerns over Hong Kong-based First Digital Trust’s solvency; Binance alone holds ~$2.2B worth of FDUSD  —  – Justin Sun is warning users to pull funds from First Digital Trust, a Hong Kong-based firm once employed by TrueUSD’s owner Techteryx as a fiduciary. Lees verder op Tech Meme

Adobe updates Premiere Pro with AI-powered features like Generative Extend, which lets users extend clips by two seconds with 4K quality and background audio (Jess Weatherbed/The Verge) 02-04-2025

Jess Weatherbed / The Verge: Adobe updates Premiere Pro with AI-powered features like Generative Extend, which lets users extend clips by two seconds with 4K quality and background audio  —  Generative Extend is now rolling out, alongside an AI-powered search panel and caption translations. Lees verder op Tech Meme

FDUSD stablecoin depegs 9% after Justin Sun raises concerns over Hong Kong-based First Digital Trust's solvency; Binance alone holds ~$2.2B worth of FDUSD (Daniel Kuhn/The Block) 02-04-2025

Daniel Kuhn / The Block: FDUSD stablecoin depegs 9% after Justin Sun raises concerns over Hong Kong-based First Digital Trust’s solvency; Binance alone holds ~$2.2B worth of FDUSD  —  – Justin Sun is warning users to pull funds from First Digital Trust, a Hong Kong-based firm once employed by TrueUSD’s owner Techteryx as a fiduciary. Lees verder op Tech Meme

Anthropic debuts a Claude for Education tier for colleges, with Learning Mode, where it asks questions to test understanding, shares templates for papers, more (Maxwell Zeff/TechCrunch) 02-04-2025

Maxwell Zeff / TechCrunch: Anthropic debuts a Claude for Education tier for colleges, with Learning Mode, where it asks questions to test understanding, shares templates for papers, more  —  Anthropic announced on Wednesday that it’s launching a new Claude for Education tier, an answer to OpenAI’s ChatGPT Edu plan. Lees verder op Tech Meme

Trump pardoned BitMEX owner HDR Global Trading, which had pleaded guilty and was fined $100M for money laundering, possibly the first US pardon of a corporation (Matt Sledge/The Intercept) 02-04-2025

Matt Sledge / The Intercept: Trump pardoned BitMEX owner HDR Global Trading, which had pleaded guilty and was fined $100M for money laundering, possibly the first US pardon of a corporation  —  In what may be an American first, President Donald Trump pardoned a company sentenced to $100 million in fines for breaking money laundering laws. Lees verder op Tech Meme

Sources: Amazon has put in a bid to acquire all of TikTok, but various parties involved do not appear to be taking it seriously, ahead of the April 5 deadline (New York Times) 02-04-2025

New York Times: Sources: Amazon has put in a bid to acquire all of TikTok, but various parties involved do not appear to be taking it seriously, ahead of the April 5 deadline  —  The e-commerce giant put in a last-minute offer for the popular video app, according to three people familiar with the talks. Lees verder op Tech Meme

A profile of Larry Ellison, now 80 years old with a $175B fortune, as Oracle bids for TikTok US and he puts up most of his son David's $8B bid to buy Paramount (New York Times) 02-04-2025

New York Times: A profile of Larry Ellison, now 80 years old with a $175B fortune, as Oracle bids for TikTok US and he puts up most of his son David’s $8B bid to buy Paramount  —  For decades, Larry Ellison reveled in being the Silicon Valley executive who really knew how to have a good time. Lees verder op Tech Meme