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Tech Meme

Symantec says the advanced persistent threat Lancefly used custom malware to attack Asian governments, telcos, and other organizations from mid-2022 to Q1 2023 (Jonathan Greig/The Record) 17-05-2023

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

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 (Sarah Perez/TechCrunch) 17-05-2023

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

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 (Chris Welch/The Verge) 17-05-2023

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

Stability AI releases StableStudio, an open-source version of DreamStudio, its commercial interface for the text-to-image Stable Diffusion model (Jess Weatherbed/The Verge) 17-05-2023

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

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 (Sankalp Phartiyal/Bloomberg) 17-05-2023

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

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 (Ryan Weeks/The Block) 17-05-2023

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

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 (Jing Yang/Wall Street Journal) 17-05-2023

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

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 (Zheping Huang/Bloomberg) 17-05-2023

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

Since April 6, the Cyberspace Administration of China closed 107K online accounts of counterfeit news outlets and anchors and removed 835K pieces of content (Reuters) 17-05-2023

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

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 (Catherine Shu/TechCrunch) 17-05-2023

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