Tech Meme

Forbes: A look at Deltec, an obscure Bahamian bank that got a $50M loan from an FTX-tied entity in October 2021, and chairman Jean Chalopin, who has ties to FTX leaders  —  The loan was among several deals struck with Jean Chalopin, the head of Deltec and Moonstone banks — and co-creator of Inspector Gadget … Lees verder op Tech Meme

Bloomberg: Experts raise concerns about Germany’s plan to heat homes with heat expelled by data centers as the warm air isn’t hot enough for most district heating networks  —  Germany wants to force its power-hungry data centers to harness excess heat for warming residential homes — an effort which the industry warns is likely to fall flat. Lees verder op Tech Meme

Sam Schechner / Wall Street Journal: Microsoft CEO Satya Nadella says the company plans to integrate OpenAI’s tools into all of its products and make them available for other businesses to build on  —  Offering for businesses and end users to be transformed by incorporating tools like ChatGPT, CEO Satya Nadella says Lees verder op Tech Meme

Bill Toulas / BleepingComputer: Researcher: firmware for 290+ MSI motherboards has a default UEFI Secure Boot setting that lets any OS run, even those lacking a signature  —  Over 290 MSI motherboards are reportedly affected by an insecure default UEFI Secure Boot setting settings that allows any operating system image … Lees verder op Tech Meme

Financial Times: A look at Elon Musk’s options to meet his $13B debt obligations after the Twitter buyout; sources say the first interest installment could be due by January-end  —  Billionaire faces tough choices to meet financial obligations of takeover financed by $13bn debt Lees verder op Tech Meme

Kate Rooney / CNBC: Coinbase plans to lay off a further ~950 employees, or ~20% of its workforce, seeking to reduce its operating expense by 25% QoQ; Coinbase laid off 18% in June  —  – Coinbase is cutting a fifth of its workforce following an 18% staff reduction in June.  — CEO Brian Armstrong pointed … Lees verder op Tech Meme

Financial Times: VaynerMedia: in 2022, buying 1K video ad impressions on TikTok cost around 50% less than Instagram’s Reels, ~33% less than Twitter, and 62% less than Snapchat  —  Advertisers and brands say an increasing amount of digital ads spend is moving away from Meta, YouTube and Twitter Lees verder op Tech Meme

Tim Copeland / The Block: Coin ATM Rader: there are now 38,641 bitcoin ATMs globally, up from 14,051 at the start of 2021 but flat from around July 2022 when bitcoin’s price collapsed  —  – The number of Bitcoin ATMs globally has largely remained flat over the last six months.  — While that’s mostly due to stagnation … Lees verder op Tech Meme

Jess Weatherbed / The Verge: A UK law mandates new properties in England must be built with gigabit broadband connections; DCMS says gigabit connections are available in 72%+ of households  —  My years-long battle to get gigabit internet installed may soon be over, thanks to new rules introduced by the UK government … Lees verder op Tech Meme

Financial Times: Meta contractor Sama plans to close its east African content moderation hub in March, cutting ~200 staff; Meta will employ 1,500 Sama staff for data labelling  —  Staff at Nairobi office were moderating graphic and harmful material  —  Meta’s east African content moderation hub is shutting … Lees verder op Tech Meme