Tech Meme

Financial Times: As the European Central Bank prepares to pilot a digital euro in October, consumers, financiers, and politicians are questioning the project’s aims and benefits  —  Europe’s central bank is pushing ahead with the development of electronic currency even as politicians question its purpose Lees verder op Tech Meme

Cristina Criddle / Financial Times: OpenAI CEO Sam Altman plans to tell Congress that AI regulation is “essential”, stress the need for government flexibility, and recommend safety measures  —  OpenAI’s chief executive Sam Altman will tell US lawmakers on Tuesday that regulation of artificial intelligence must allow companies … Lees verder op Tech Meme

James T. Areddy / Wall Street Journal: Futu and Tiger Brokers, two Nasdaq-listed online brokerages catering to clients in China, plan to remove apps from Chinese app stores and stop taking on users  —  The online brokerages earlier agreed to stop accepting new customers from mainland China  —  Two Nasdaq-listed online brokerages … Lees verder op Tech Meme

Cristina Criddle / Financial Times: Sam Altman plans to tell Congress that AI regulation is “essential”, stress the need for government flexibility, and recommend safety measures on Tuesday  —  OpenAI’s chief executive Sam Altman will tell US lawmakers on Tuesday that regulation of artificial intelligence must allow companies … Lees verder op Tech Meme

Alexandra Alter / New York Times: Q&A with Michael Lewis on his FTX book, “Going Infinite: The Rise and Fall of a New Tycoon”, slated for October 3, visiting SBF, the forthcoming trial, and more  —  About a year after the author Michael Lewis began to shadow Bankman-Fried, the founder of the crypto exchange FTX, Bankman-Fried was arrested. Lees verder op Tech Meme

Zheping Huang / Bloomberg: Baidu reports Q1 revenue up 10% YoY to ~$4.5B and ~$834M net income, both above analyst estimates, driven by its ad and cloud businesses  —  Baidu Inc.’s revenue rose a stronger-than-expected 10% after its advertising and cloud businesses benefited from China’s post-pandemic reopening. Lees verder op Tech Meme

Roland Kelts / Rest of World: After decades of slumber, Japan’s tech industry, which has produced just 10 unicorns, finally shows some signs of life as its startups raised ~$6.4B in 2022  —  After decades of slumber, the country that brought us bullet trains and Nintendo has mustered some momentum. Lees verder op Tech Meme

Alexander Osipovich / Wall Street Journal: SEC court filings: Jump Trading secretly purchased tens of millions of dollars worth of TerraUSD and made ~$1B profit per year before the coin’s 2022 collapse  —  Chicago firm made about $1 billion through dealings with crypto mogul Do Kwon’s company, according to the agency Lees verder op Tech Meme

Jay Peters / The Verge: WhatsApp debuts Chat Lock, letting users put chats in a password- or biometrics-protected folder and removing sender and message contents from notifications  —  WhatsApp is getting a new “Chat Lock” feature intended to make it easier to keep conversations more private. Lees verder op Tech Meme

Darrell Etherington / TechCrunch: An interview with Kevin Systrom on Artifact’s new writer features, serving writers as a key to the news app’s growth, matching consumers with writers, and more  —  Artifact aims to unlock new, cross-platform audience relationships for people who write for a living Lees verder op Tech Meme