Tech Meme

Joe Brock / Reuters: Sources: concerned about Chinese spying, the US helped SubCom win its $600M bid for an Asia-Europe subsea cable project through incentives and investor pressure  —  Subsea cables, which carry the world’s data, are now central to the U.S.-China tech war.  Washington, fearful of Beijing’s spies … Lees verder op Tech Meme

The Information: Source: Elon Musk offers Twitter staff stock grants at a ~$20B valuation which, with a $13B debt, implies a $33B enterprise value, ~11x 2023’s projected revenue  —  Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff … Lees verder op Tech Meme

Taylor Lorenz / Washington Post: Hollywood and music industry insiders, actors, and others say a TikTok ban could seriously hurt their businesses and are scrambling to create contingency plans  —  The entertainment industry has become so reliant on TikTok that banning the app could hurt business, industry insiders say Lees verder op Tech Meme

Nikkei Asia: Meta Quest Pro teardown: US parts account for 34% of the headset’s estimated component costs, China 18%, South Korea 10%, Japan 3%, and 35% remain unidentified  —  Among the design differences between the Meta Quest Pro and Meta Quest 2 is the color; the new model is black rather than white. Lees verder op Tech Meme

Will Knight / Wired: Norway-based 1X, which is developing humanoid robots, raised a $23.5M Series A2 led by the OpenAI Startup Fund with participation from Tiger Global and others  —  Autonomous machines are still too clumsy for delicate tasks.  But humans can operate mechanical arms from afar, turning physical labor into remote work. Lees verder op Tech Meme

Erin Woo / The Information: Source: Elon Musk offers Twitter staff stock grants at a ~$20B valuation which, with a $13B debt, implies a $33B enterprise value, ~11x 2023’s projected revenue  —  Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff … Lees verder op Tech Meme

Ben Thompson / Stratechery: Q&A with Nvidia CEO Jensen Huang on AI’s iPhone moment, the DGX Cloud service, the US’ export controls, Nvidia’s position in the stack in an LLM world, and more  —  I first spoke with Nvidia founder and CEO Jensen Huang after last March’s GTC conference, and again after last fall’s GTC … Lees verder op Tech Meme

Adam Morgan McCarthy / The Block: The hacker of DeFi lending protocol Euler Finance has returned 58,737 ETH, worth ~$102M, from the 96K ETH stolen in a flash-loan attack on March 13; EUL up 27%+  —  – The Euler hacker has returned 58,737 ETH from the 96,000 ETH stolen.  — They previously returned 3,000 ETH. Lees verder op Tech Meme

Eric Benjamin Seufert / Mobile Dev Memo: How Meta could sidestep ATT’s impairments by launching a mobile games store, as Apple reportedly prepares multiple app store support on iOS due to the EU’s DMA  —  This week, Microsoft declared that it will launch a mobile games app store on both iOS and Android next year, should its acquisition of Activision Blizzard be approved. Lees verder op Tech Meme

Lawrence Abrams / BleepingComputer: Microsoft releases Windows 10 Snip & Sketch and Windows 11 Snipping Tool updates to fix the “aCropalypse” bug used to reveal info edited out in some screenshots  —  Microsoft released an emergency security update for the Windows 10 and Windows 11 Snipping tool to fix the Acropalypse privacy vulnerability. Lees verder op Tech Meme