Tech Meme

Zheping Huang / Bloomberg: Baidu reports Q4 revenue down 1% YoY to ~$4.8B, beating estimates, net income up 189% YoY to ~$718M, iQiyi revenue up 3% YoY to ~$1.1B, and a $5B share buyback  —  Baidu Inc. announced a $5 billion share buyback after reporting better-than-expected revenue, reflecting how its cloud computing service … Lees verder op Tech Meme

Cissy Zhou / Nikkei Asia: Sources: Chinese regulators told Tencent, Ant Group, and others not to offer public ChatGPT services, after state media criticized chatbots over misinformation  —  State media outlet blasts chatbot as spreading U.S. government ‘misinformation’  —  HONG KONG — Regulators … Lees verder op Tech Meme

Phineas Rueckert / Forbidden Stories: Leaked documents detail how shadowy cybersecurity firm S2T is selling surveillance tools to clients with a track record of spying on journalists and dissidents  —  Hidden in a trove of leaked Colombian military documents, Forbidden Stories found a confidential brochure … Lees verder op Tech Meme

Chris Stokel-Walker / Wired: Q&A with David Wakeling of Allen & Overy, one of world’s largest law firms, on using using OpenAI-developed generative AI tool Harvey to write legal documents  —  Large law firms are using a tool made by OpenAI to research and write legal documents.  What could go wrong? Lees verder op Tech Meme

Wall Street Journal: US and EU officials accuse China of using its legal system to subvert foreign IP rights and help domestic firms in industries it deems important, including tech  —  Rulings nullify patents in industries it deems important, including technology, pharmaceuticals and rare-earth minerals Lees verder op Tech Meme

PYMNTS.com: Sydney-based DataMesh, which offers a payments processing system that it claims adapts to existing systems used by banks and merchants, raised a $30M Series A  —  DataMesh Group has raised $30 million in a Series A funding round to expand globally.  —  The Australian firm also plans … Lees verder op Tech Meme

Brandy Betz / CoinDesk: Chaos Labs, which offers an automated, on-chain risk management platform for DeFi protocols, raised a $20M seed led by Galaxy Digital and PayPal Ventures  —  Chaos Labs, a startup offering an automated economic security system for crypto protocols, has raised $20 million in a seed funding round co-led … Lees verder op Tech Meme

Omar Faridi / Crowdfund Insider: Berlin-based Pliant, which offers a B2B corporate credit card service that integrates with accounting software, raised a $28M Series A led by SBI Investment  —  Berlin-based Pliant claims it is looking back at a very successful year 2022.  —  While entering seven additional European markets … Lees verder op Tech Meme

Alex Heath / The Verge: Sources: Twitter laid off dozens of sales and engineering staff last week, as Elon Musk demands the site’s ad targeting work like Google search ads in one week  —  He keeps laying people off anyway.  —  Dozens of Twitter employees across sales and engineering departments were laid off last week … Lees verder op Tech Meme

Andrew Chung / Reuters: SCOTUS declines to hear Wikimedia’s challenge of the NSA’s warrantless Upstream surveillance of foreign targets, leaving in place a lower court’s 2015 dismissal  —  The U.S. Supreme Court on Tuesday declined to hear a bid by the operator of the popular Wikipedia internet encyclopedia … Lees verder op Tech Meme