Tech Meme

Sarah Perez / TechCrunch: YouTube plans to shut down Stories on June 26, 2023, as the company focuses on other key areas, like Shorts, Community posts, and live videos  —  Stories are over — at least on YouTube, that is.  The Google-owned video site announced today that YouTube Stories will be shutting down on June 26 … Lees verder op Tech Meme

Aggi Cantrill / Bloomberg: Alibaba pushes back on reports of layoffs, saying it plans to hire 15,000 workers in 2023 across its six major divisions, including 3,000 university graduates  —  Alibaba Group Holding Ltd. said it plans to hire 15,000 people this year, pushing back on reports that the Chinese tech firm is laying off employees. Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Florida-based Nymbus, which offers tools for banks to migrate their legacy stacks and help launch neobanks, raised a $70M Series D led by Insight Partners  —  Nymbus, a startup that partners with banks to migrate their legacy stack and launch neobanks to attract new customers … Lees verder op Tech Meme

Wall Street Journal: A look at Disney and Comcast’s Hulu fight; sources say their Hulu valuations vary by tens of billions, they’re in arbitration, and Comcast stopped funding Hulu  —  Parent companies are in final phase of battle marked by legal threats, broken promises and secret arbitration Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: Starling Bank CEO Anne Boden steps down and COO John Mountain steps up as interim CEO; Starling, which has raised $1B+, reports FY revenue up 110% YoY to £453M  —  Anne Boden nearly lost a grip on Starling Bank years ago when the neobank was in the middle of a coup effort led by its CTO … Lees verder op Tech Meme

Hannah Miller / Bloomberg: Tools for Humanity, co-founded by Sam Altman to build Worldcoin, raised a $115M Series C led by Blockchain Capital, aiming to scan everyone’s eyes to create IDs  —  A crypto startup co-founded by OpenAI Chief Executive Officer Sam Altman has raised new funding to further its mission of providing a digital ID for everyone on the planet. Lees verder op Tech Meme

Brody Ford / Bloomberg: Interviews with 30+ sources detail issues at Tom Siebel’s AI startup C3.ai, causing product delays; the company is on its third name since its founding in 2009  —  The AI hype cycle has birthed innumerable boosters.  An unlikely member of this group is Silicon Valley billionaire Tom Siebel. Lees verder op Tech Meme

Access Now: Pegasus was used in the Azerbaijan-Armenia conflict to target a government worker, a UN official, and others in 2021 and 2022, the first documented use in a war  —  The Armenia spyware victims include a former Human Rights Defender of the Republic of Armenia (the Ombudsperson) … Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Nymbus, which offers tools for banks to migrate their legacy stack and help launch neobanks, raised a $70M Series D led by Insight Partners  —  Nymbus, a startup that partners with banks to migrate their legacy stack and launch neobanks to attract new customers, today announced … Lees verder op Tech Meme

Yogita Khatri / The Block: Binance launches NFT loans, starting with ether borrowing against “blue-chip” NFTs, such as BAYC, MAYC, and Azuki, with a current 7.91% annual interest rate  —  – Binance has launched NFT loans feature on its NFT marketplace.  — The feature currently supports ETH borrowing against … Lees verder op Tech Meme