Tech Meme

Aisha Counts / Bloomberg: eMarketer expects Instagram to hit $32B in US ad revenue in 2025, or 50% of Meta’s ad sales; filings: Instagram was ~30% of Meta’s global business in early 2022  —  – Video-sharing app estimated to reach $32 billion in ad revenue  — Instagram users spend majority of their time watching videos Lees verder op Tech Meme

Sean Hollister / The Verge: After a rough year, Intel says its $250 Arc B580 “Battlemage” GPU, which received near-universal praise from reviewers, has already sold out in most retailers  —  While we haven’t managed to review it ourselves due to a fluke issue, the $250 Arc B580 “Battlemage” … Lees verder op Tech Meme

Bloomberg: Analysis: as uncertainty looms over Japan’s China-dependent chipmaking stocks, Sony, Nintendo, and Capcom have seen double-digit returns since Trump’s victory  —  Japanese gaming stocks are emerging as unlikely winners from Donald Trump’s election, as tech investors seek less exposure … Lees verder op Tech Meme

Financial Times: A look at Huawei subsidiary Yinwang, which sells hardware and software to carmakers, has a $16B valuation, and more than doubled its revenue to ~$655M in 2023  —  Group best known for telecoms believes it can build a lucrative business in a changing car industry Lees verder op Tech Meme

Sky News: The UK Gambling Commission blocks eight illegal casinos using Roblox to lure children into online gambling, following a news investigation into the casinos  —  A Sky News investigation has found a network of illegal casinos allowing children to gamble using their accounts on the hugely popular children’s game Roblox. Lees verder op Tech Meme

Financial Times: A profile of 114-year-old Japanese conglomerate Hitachi, whose market cap recently hit $100B after becoming an industrial software and hardware provider  —  New chief executive takes over streamlined conglomerate with most of its revenues and employees overseas Lees verder op Tech Meme

Ben Sherry / Inc: A profile of Tyler Denk, co-founder of newsletter platform Beehiiv, which raised a $33M Series B in April 2024 and generates $1.6M to $1.75M in monthly revenue  —  Tyler Denk has cultivated a brash online persona while building Beehiiv into a buzzy newsletter platform.  Both are lucrative. Lees verder op Tech Meme

Yvonne Lau / Rest of World: Experts say national security and immigration policies could deprive US companies of AI talent from China, which had 47% of the top AI researchers in 2022  —  The West may lose out in the talent race amid U.S. national security and immigration hurdles  — The U.S. and China … Lees verder op Tech Meme

Ernie Smith / Tedium: Bluesky using domains to verify users has led to cybersquatting and impersonation, as domains don’t offer enough social proof for the average person  —  An apparent extortion scheme involving famous writers and entrepreneurs lit up Bluesky the other night.  It raises some important questions … Lees verder op Tech Meme

Filipe Espósito / 9to5Mac: Apple updates Apple Maps on the web to add support for Look Around, which is Apple’s version of Google Street View  —  Apple in June introduced a beta version of Apple Maps on the web, allowing users of other platforms such as Windows PCs to access its map service directly from a web browser. Lees verder op Tech Meme