Tech Meme

Joel Rosenblatt / Bloomberg: Apple drops its lawsuit against former chip executive Gerard Williams III, who the company alleged poached its employees and used its resources to start Nuvia  —  Apple Inc. dropped its lawsuit against a former chip executive the company sued for allegedly poaching its employees for a startup. Lees verder op Tech Meme

Mark Matousek / The Information: Source: IRL CEO Abraham Shafi has stepped down, following allegations the messaging startup used bots to inflate its user count shared publicly and to investors  —  Abraham Shafi has stepped down as CEO of messaging app IRL following allegations that the company used bots to inflate the users … Lees verder op Tech Meme

Reuters: Didi, in its first annual report since its US delisting, reports 2022 net revenue down 19% YoY to ~$20.37B and net loss down 52% YoY from ~$7.13B to ~$3.44B  —  Chinese ride hailing giant Didi Global on Saturday reported a 19% year-on-year fall in 2022 revenue, as the country’s COVID lockdowns and a regulatory crackdown took a toll. Lees verder op Tech Meme

Reuters: Sources: Arm has confidentially filed with regulators for a US IPO, seeking to raise between $8B and $10B on the Nasdaq, expected to be the largest IPO in 2023  —  SoftBank Group Corp’s (9984.T) chip maker Arm Ltd has filed with regulators confidentially for a U.S. stock market listing … Lees verder op Tech Meme

Manish Singh / TechCrunch: India’s Enforcement Directorate searched three premises of edtech giant Byju’s and its founder Byju Raveendran as part of an anti-money laundering investigation  —  India’s crime-fighting agency searched three premises of edtech giant Byju’s and its founder Byju Raveendran, it said Saturday … Lees verder op Tech Meme

Joanna Stern / Wall Street Journal: A WSJ columnist used Synthesia, ElevenLabs, and ChatGPT to create an AI video clone that could trick her bank’s voice biometric system, make a TikTok, and more  —  Our columnist replaced herself with AI voice and video to see how humanlike the tech can be.  The results were eerie. Lees verder op Tech Meme

Lizette Chapman / Bloomberg: Inside Miami Tech Week 2023, where more attention was devoted to AI than crypto and NFTs; tech’s downturn was hardly noticeable in Miami despite low VC funding  —  It was not a good quarter for Miami startups.  Venture investment in the area plunged 92% during the first three months … Lees verder op Tech Meme

Elon Musk / @elonmusk: Elon Musk says Twitter plans to let media publishers charge users on a per article basis with one click, starting next month  —  Rolling out next month, this platform will allow media publishers to charge users on a per article basis with one click. This enables users who would not sign up for a monthly subscription to pay a higher per article price for when they want to read an occasional article…. https://twitter.com/… Lees verder op Tech Meme

Reuters: Sources: Arm has filed with regulators confidentially for a US IPO, seeking to raise between $8B and $10B on Nasdaq later this year  —  SoftBank Group Corp’s (9984.T) chip maker Arm Ltd has filed with regulators confidentially for a U.S. stock market listing, people familiar with the matter said on Saturday … Lees verder op Tech Meme

Washington Post: In Bluesky posts, Jack Dorsey criticizes Elon Musk’s leadership of Twitter, saying “it all went south” and Musk should have paid $1B to back out of the deal  —  The former CEO issued his strongest criticism yet of Musk’s takeover of the social media site Lees verder op Tech Meme