Tech Meme

Bloomberg: Research in 2021: around 60% of undersea internet cable faults were caused by fishing equipment or anchors; repairs can often cost $250K to $3M per incident  —  On the evening of Oct. 14, the managing director of Shefa, a Faroese Telecom subsidiary, received a call from one of his technicians … Lees verder op Tech Meme

Reuters: The trial of Nathaniel Chastain, an ex-OpenSea product manager accused of insider trading in NFTs, begins this week, one of the first cases for digital assets  —  U.S. prosecutors will square off this week against a former employee of OpenSea, the world’s largest marketplace for non-fungible tokens … Lees verder op Tech Meme

Lizette Chapman / Bloomberg: Analysts, investors, and founders expect a hard year for tech startups, including more down rounds; PitchBook says 400+ unicorns haven’t raised funds since 2021  —  The startup world has had a tough year — plagued by mass layoffs, plummeting venture capital investment and the chaotic collapse of Silicon Valley Bank. Lees verder op Tech Meme

Christine Hall / TechCrunch: Super.com, formerly Snapcommerce, raised $60M in equity and $25M via a credit facility to launch a super app for deals, taking its total funding to $200M+  —  The current inflation environment has all of us looking for ways to cut costs and save some money. Lees verder op Tech Meme

Bloomberg: A look at LAION, a free AI training data set with 5B+ images used in Google’s Imagen and Stable Diffusion, created by high school teacher Christoph Schuhmann  —  In front of a suburban house on the outskirts of the northern Germany city of Hamburg, a single word — “LAION” — is scrawled in pencil across a mailbox. Lees verder op Tech Meme

Hannah Murphy / Financial Times: A look at “the flattening”: tech companies laying off middle managers to boost efficiency and cut costs after hiring them in droves during the pandemic boom  —  Moves to carve out a layer of staff aim to speed up decisions but could leave a talent gap Lees verder op Tech Meme

Roman Feeser / CBS News: A look at the Cornell Lab of Ornithology’s Merlin Bird ID app, launched in 2014, which can identify 6,000+ bird species on six continents by a picture or song  —  Scientific evidence suggests dinosaurs met their extinction through asteroid impact.  Today, if a species goes extinct, chances we as humans had something to do with it. Lees verder op Tech Meme

Roman Feeser / CBS News: A look at the Cornell Lab of Ornithology’s Merlin Bird ID app launched in 2014 that can identify 6,000+ bird species on six continents by a picture or by song  —  Scientific evidence suggests dinosaurs met their extinction through asteroid impact.  Today, if a species goes extinct, chances we as humans had something to do with it. Lees verder op Tech Meme

Bloomberg: Nielsen: Netflix accounts for between 7% and 8% of TV viewing in the US every month and between 70% to 80% of the top 10 shows in the US every week  —  Good afternoon from Ojai, California, where I am celebrating my girlfriend’s birthday.  Lunch was interrupted by huge news … Lees verder op Tech Meme

Demetri Sevastopulo / Financial Times: Sources: the Biden administration asked South Korea to urge Samsung and SK Hynix not to fill any market gap in China if Beijing bans Micron from selling chips  —  White House has tried to enlist Samsung Electronics and SK Hynix in its semiconductor battle with Beijing Lees verder op Tech Meme