Tech Meme

Jonathan Greig / The Record: Symantec says the advanced persistent threat Lancefly used custom malware to attack Asian governments, telcos, and other organizations from mid-2022 to Q1 2023  —  A government-backed hacking group known as “Lancefly” has been seen using custom-made malware to attack governments, telecoms and other organizations across Asia. Lees verder op Tech Meme

Sarah Perez / TechCrunch: Amazon announces new devices: the $40 Echo Pop with a semi-circle design, updated Echo Show 5 and 5 Kids Edition, $50 Echo Buds, expanded Echo Auto, and more  —  After last fall’s Amazon hardware event which brought us a handful of new Echo devices, like the Dot with the clock and other minor updates … Lees verder op Tech Meme

Chris Welch / The Verge: Beats Studio Buds+ review: better sound, ANC, battery, and voice calls, but ANC lags AirPods Pro, no wireless charging, and misses some Apple ecosystem tricks  —  With better sound, improved noise cancellation, and a standout translucent design, these are everything the original Beats Studio Buds should’ve been. Lees verder op Tech Meme

Jess Weatherbed / The Verge: Stability AI releases StableStudio, an open-source version of DreamStudio, its commercial interface for the text-to-image Stable Diffusion model  —  Stability AI is releasing an open-source version of DreamStudio, a commercial interface for the company’s AI image generator model, Stable Diffusion. Lees verder op Tech Meme

Sankalp Phartiyal / Bloomberg: India unveils a ~$2B, six-year incentive scheme to entice makers of laptops, tablets, and other hardware to the country, following its 2021 smartphone program  —  India is unveiling a 170 billion rupee ($2 billion) financial incentive plan to draw makers of laptops, tablets and other hardware … Lees verder op Tech Meme

Ryan Weeks / The Block: Ripple acquires Switzerland-based digital asset custody startup Metaco for $250M in cash and stock and plans to keep the brand and founder Adrien Treccani  —  David Paul Morris/Bloomberg via Getty Images  — Crypto payments firm Ripple shelled out $250 million for Swiss custody startup Metaco. Lees verder op Tech Meme

Jing Yang / Wall Street Journal: Sources: Shein raised $2B at a $66B valuation, down from $100B in April 2022, led by Sequoia, General Atlantic, and Mubadala; Shein made $23B in 2022 revenue  —  Online retailer made $800 million net profit in 2022 and is targeting 40% growth, but faces geopolitical headwinds and rising competition Lees verder op Tech Meme

Zheping Huang / Bloomberg: Tencent reports Q1 revenue up 11% YoY to ~$21.8B, above estimates and the fastest growth in over a year, and net income up 10% YoY to ~$3.8B, below estimates  —  Tencent Holdings Ltd.’s earnings missed estimates despite the fastest pace of revenue growth in more than a year … Lees verder op Tech Meme

Reuters: Since April 6, the Cyberspace Administration of China closed 107K online accounts of counterfeit news outlets and anchors and removed 835K pieces of content  —  China has intensified efforts to clean up the internet from false news and rumours, closing more than 100,000 online accounts … Lees verder op Tech Meme

Catherine Shu / TechCrunch: Singapore-based Bolttech, a B2B2C startup that offers “embedded” insurance products, raised a $196M Series B led by Japan’s Tokio Marine at a $1.6B valuation  —  Embedded insurtech is still hot, as the $196 million in funding landed by bolttech proves. Lees verder op Tech Meme