Tech Meme

New York Times: Sources: OpenAI is working to sever the nonprofit’s control while compensating its board, possibly in the billions, and promised investors a two-year schedule  —  As the maker of ChatGPT battles Google and Meta for A.I. supremacy, it’s also fighting to end control by a nonprofit board. Lees verder op Tech Meme

Paayal Zaveri / Bloomberg: Grammarly buys productivity startup Coda, set to close in January, and names Coda co-founder and CEO Shishir Mehrotra as CEO; Coda had a $1.4B valuation in 2021  —  Coda co-founder and CEO Shishir Mehrotra will take over that position at Grammarly, according to statement from the two companies Tuesday. Lees verder op Tech Meme

Natasha Lomas / TechCrunch: The Irish Data Protection Commission fines Meta €251M over a Facebook breach that affected ~29M users globally and ~3M in the EU and EEA in September 2018  —  Meta has been fined €251 million (around $263 million) in the European Union for a Facebook security breach that affected millions … Lees verder op Tech Meme

Juro Osawa / The Information: Sources: Character.AI rival Talkie, one of the most-downloaded AI apps in the US and made by China’s MiniMax, prepares an AI video feature to reignite growth  —  Many of you may not have heard of Talkie, a competitor to Character.AI in providing personalized artificial intelligence chatbots. Lees verder op Tech Meme

Natasha Lomas / TechCrunch: The Irish Data Protection Commission fines Meta €251M over a Facebook breach that affected ~29M users globally and ~3M in the EU and EEA in September 2018  —  Meta has been fined €251 million (around $263 million) in the European Union for a Facebook security breach that affected millions … Lees verder op Tech Meme

Leo Schwartz / Fortune: UK-based BVNK, a stablecoin infra startup with ~$40M in annualized revenue, raised a $50M Series B led by Haun Ventures; a source said it values BVNK at ~$750M  —  As crypto prices soar to all-time highs, venture investors are pouring capital into a red-hot corner of the blockchain industry … Lees verder op Tech Meme

Wall Street Journal: Databricks raised $10B from a16z, Thrive, and others at a $62B valuation, among the largest VC raises in history; documents show Databricks has $2.6B in revenue  —  As CEO of Databricks, Ali Ghodsi has performed a series of ‘strategic surgeries’ to make his company one of the fastest-growing startups in Silicon Valley Lees verder op Tech Meme

Natasha Lomas / TechCrunch: The Irish Data Protection Commission fines Meta €251M over a Facebook breach that affected ~29M users globally and ~3M in the EU and EEA in September 2018  —  Meta has been fined €251 million (around $263 million) in the European Union for a Facebook security breach that affected millions … Lees verder op Tech Meme

Wired: Interpol says calling online scams “pig butchering”, a widely used phrase, is unhelpful as gangs “appear to have” created the phrase to describe victims  —  Experts say the catchall term for online fraud furthers harm against victims and could dissuade people … Lees verder op Tech Meme

Kathrin Hille / Financial Times: A Taiwanese official says the country is in talks with Amazon’s Kuiper over satellite internet as its current OneWeb deal does not offer sufficient capacity  —  Minister says Eutelsat OneWeb network falling short and Elon Musk’s Starlink ‘not an option’ given his Chinese links Lees verder op Tech Meme