Tech Meme

Jay Peters / The Verge: Montana plans to ban apps allegedly “tied to foreign adversaries”, including Telegram, WeChat, and shopping app Temu, from state devices effective June 1, 2023  —  On Wednesday, Montana governor Greg Gianforte didn’t only ban TikTok state-wide.  He also accused Telegram, WeChat … Lees verder op Tech Meme

CoinDesk: Grayscale says the US SEC warned that the Filecoin token meets the definition of a security and asked Grayscale to withdraw its Filecoin Trust application  —  Grayscale announced last month that the SEC suggested FIL might be a security.  —  CORRECTION (May 18, 2023, 00:25 UTC) … Lees verder op Tech Meme

Tatum Hunter / Washington Post: Ovulation tracking app Premom agrees to pay $200K to settle with the FTC and state AGs for allegedly sharing user information with third parties without consent  —  The app allegedly shared sensitive user information with China-based companies known for privacy problems Lees verder op Tech Meme

Wall Street Journal: Montana Governor Greg Gianforte signs the country’s first bill that bans TikTok in a state, set to go into effect on January 1, 2024  —  Ban is slated to take effect next year—if it survives expected litigation  —  Montana’s governor signed the country’s first bill that outright bans TikTok … Lees verder op Tech Meme

Alex Weprin / The Hollywood Reporter: Netflix says its ad tier has nearly 5M global MAUs, with a median age of 34, six months after launch, and makes up 25%+ of signups in countries with the option  —  In its inaugural upfront advertising event, executives touted the the streaming service’s growing ad tier, and unveiled new sponsorship options. Lees verder op Tech Meme

Bloomberg: Cisco reports Q3 revenue up 14% YoY to $14.6B, vs. $14.4B est., net income up 6% YoY to $3.2B, also beating estimates, and a strong Q4 sales forecast  —  Cisco Systems Inc., the largest maker of machines that run computer networks and the internet, said orders declined 23% in the past quarter … Lees verder op Tech Meme

The Information: Sources: Snowflake is in advanced talks to acquire Neeva, possibly for AI tools to help companies search internal data; Neeva also shopped itself to Databricks  —  Database software provider Snowflake has been in advanced talks to acquire Neeva, a search startup founded by former top Google … Lees verder op Tech Meme

Laura Cooper / Wall Street Journal: Sources: private equity firms Francisco Partners and TPG plan a $5B+ bid to acquire observability software company New Relic; a deal may be reached in weeks  —  Buyout firms Francisco Partners, TPG team up in $5 billion-plus bid  —  Private-equity firms Francisco Partners and TPG … Lees verder op Tech Meme

Bloomberg: Cisco reports Q3 revenue up 14% YoY to $14.6B, vs. $14.4B est., net income up 6% YoY to $3.2B, and a strong Q4 sales forecast  —  Cisco Systems Inc., the largest maker of machines that run computer networks and the internet, said orders declined 23% in the past quarter … Lees verder op Tech Meme

Jennifer Elias / CNBC: Docs: Google plans to use new AI models for ads, customer service, and to help YouTube creators, and is working on an internal Stable Diffusion-like product  —  – Google has approved several ad-related artificial intelligence projects to help advertisers and YouTube creators, internal documents show. Lees verder op Tech Meme