Tech Meme

Eric Newcomer / Newcomer: Sources: Lightspeed returned $8B from current and active funds in the past five years; its most recent fund with more than 1x DPI was its $500M fund in 2016  —  I’ve got my hands on slides from Lightspeed’s $7 billion fundraising effort  —  Lightspeed Venture Partners … Lees verder op Tech Meme

Sophie Alexander / Bloomberg: Sources: DOGE is sending termination notices to USDS staff who worked as IT experts for the US government since the Obama era; USDS has been renamed as DOGE  —  Elon Musk’s DOGE team is sending termination notices to staffers at the US Digital Service, a group of federal IT workers … Lees verder op Tech Meme

Dean W. Ball / Hyperdimensional: As JD Vance chastised the EU for its AI regulation, 12+ US states are considering algorithmic discrimination bills that look strikingly similar to EU’s AI Act  —  The AI regulation onslaught  —  Introduction  —  At the AI Action Summit in Paris this week, Vice President J.D. Vance delivered a broadly optimistic message on AI. Lees verder op Tech Meme

Mark Gurman / Bloomberg: Sources: Apple plans to refresh the Vision Pro with Apple Intelligence, a new Spatial content app, and a revamped guest mode in visionOS 2.4, as early as April  —  – Company seeks to boost interest in headset with new features  — Move marks the first device expansion for Apple Intelligence Lees verder op Tech Meme

Thomas Claburn / The Register: Hector Martin, lead of Asahi Linux distribution for Apple Silicon, resigns, citing burnout, demanding users, and Linus Torvalds’s handling of Rust integration  —  I fought the Torv and … the Torv won  —  Hector Martin, project lead of Asahi Linux, resigned that project early Friday … Lees verder op Tech Meme

David Pan / Bloomberg: Industry executives say US crypto miners are facing delays receiving new equipment from Bitmain and other Chinese suppliers due to heightened customs scrutiny  —  – Bitmain rakes in billions of dollars from mining machine sales  — The Beijing-based company is also a leading AI chip developer Lees verder op Tech Meme

J. Edward Moreno / Sherwood News: Analysis: consumers spent $259.1B on Uber, Lyft, and DoorDash in 2024, up 19% from $218.5B in 2023, with $162.8B on Uber, $80.2B on DoorDash, and $16.1B on Lyft  —  Lyft and DoorDash just reported their first years with net profits.  Instacart is likely next. Lees verder op Tech Meme

Olga Kharif / Bloomberg: The website of President Trump’s World Liberty Financial shows the crypto project sold 24B+ of its 25B WLFI tokens after a slow start, implying $1.25B in sales  —  – The project has sold more than 24 billion tokens so far  — Chinese crypto entrepreneur Justin Sun is a project investor Lees verder op Tech Meme

Wired: Romance scams may rise as isolation grows and generative AI helps scammers scale; the FBI says US victims lost nearly $4.5B to such scams over the past decade  —  Romance scams cost victims hundreds of millions of dollars a year.  As people grow increasingly isolated, and generative AI helps scammers scale … Lees verder op Tech Meme

Oliver Knight / CoinDesk: Argentine President Javier Milei posted and then deleted an X post promoting Libra, a memecoin that rose 2,000%+ to a $4.4B market cap before plunging 95%+  —  Milei deleted his original promotional tweet and revealed that he wasn’t aware of its details.  —  What to know: Lees verder op Tech Meme