Tech Meme

Mitchell Clark / The Verge: Meta cuts the price of Quest Pro, its mixed and virtual reality headset focused on business users, from $1,500 to $1,000; 256GB Quest 2 drops from $500 to $430  —  Mark Zuckerberg has announced that the Meta Quest Pro, the company’s mixed and virtual reality headset focused on business users … Lees verder op Tech Meme

Matt Day / Bloomberg: Amazon pauses second phase of construction of its HQ2 in Virginia as it reassesses office needs following its deepest-ever job cuts; phase one nears completion  —  Amazon.com Inc. is pausing construction on its sprawling second headquarters near Washington, a decision that coincides … Lees verder op Tech Meme

Erik Schatzker / Bloomberg: Coinbase buys One River, a crypto asset management startup that serves only institutional clients such as pension funds; One River was valued at $186M in 2021  —  Coinbase Global Inc., still reeling from a plunge in trading volume on its exchanges, is expanding into a less-volatile corner … Lees verder op Tech Meme

Jeff Horwitz / Wall Street Journal: Meta plans to fully or partly implement 26 of 32 Oversight Board recommendations on the cross-check system, including producing regular transparency reports  —  Meta Platforms accepts most recommendations from its oversight board, but rejects key provisions Lees verder op Tech Meme

New York Times: Few US lawmakers are taking action to regulate AI, as many struggle to understand the technology and its dangers, unlike the EU which proposed AI rules in 2021  —  Tech innovations are again racing ahead of Washington’s ability to regulate them, lawmakers and A.I. experts said. Lees verder op Tech Meme

Amanda Darrach / Columbia Journalism Review: Q&A with former NYT photo editor Fred Ritchin on AI destroying the credibility of the photo, ensuring readers understand if an image is manipulated, and more  —  b  —  In recent years, artificial intelligence engineers have used millions of real photographs—taken by journalists all over the world … Lees verder op Tech Meme

Christine Hall / TechCrunch: Shef, a chef-to-consumer marketplace, raised a $73.5M Series B in June 2022, including $7M in debt, led by CRV with participation from a16z and Amex Ventures  —  In its quest to turn the culinary talents of passionate home cooks into small businesses, Shef, a chef-to-consumer marketplace, is now taking those efforts nationwide. Lees verder op Tech Meme

Bloomberg: Sources: Foxconn plans to invest ~$700M on a new plant to make iPhone parts on a 300-acre site in Bengaluru, India; the plant is expected to create 100K jobs  —  Apple Inc. partner Foxconn Technology Group plans to invest about $700 million on a new plant in India to ramp up local production … Lees verder op Tech Meme

Michael Novinson / BankInfoSecurity.com: HPE acquires cloud security startup Axis Security, reportedly for $500M, via HPE’s subsidiary Aruba; Axis has raised $100M in funding to date  —  Deal Comes As Pressure Increases on Pure-Play Vendors to Deliver Native SASE Stack  —  Hewlett Packard Enterprise will soon offer … Lees verder op Tech Meme

Rohan Goswami / CNBC: Ericsson pleads guilty to US bribery violations and agrees to pay $206M+ in penalties; the company paid $1B+ in fines to the US DOJ and SEC in 2019 for bribery  —  – Ericsson will pay over $200 million in penalties for allegedly violating a non-prosecution agreement regarding the company’s years-long bribery campaigns. Lees verder op Tech Meme