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Tech Meme

Google Play began requiring local regulatory approval for loan apps in Nigeria and Kenya on January 31, matching rules in India, Indonesia, and the Philippines (Alexander Onukwue/Semafor) 07-02-2023

Alexander Onukwue / Semafor: Google Play began requiring local regulatory approval for loan apps in Nigeria and Kenya on January 31, matching rules in India, Indonesia, and the Philippines  —  Google has toughened its screening process for African digital lending companies that wish to have their apps on Play Store … Lees verder op Tech Meme

Baidu's stock jumps 15%+ after the company announced plans to add its ChatGPT-like service “Wenxin Yiyan”, or “Ernie Bot” in English, to search in March 2023 (Zheping Huang/Bloomberg) 07-02-2023

Zheping Huang / Bloomberg: Baidu’s stock jumps 15%+ after the company announced plans to add its ChatGPT-like service “Wenxin Yiyan”, or “Ernie Bot” in English, to search in March 2023  —  Baidu Inc. surged more than 15% after affirming it’s on track to publicly roll out its ChatGPT-like service in March … Lees verder op Tech Meme

Paramount Global plans to merge its Showtime streaming service with Paramount+'s ad-free tier later in 2023 and call the new offering Paramount+ with SHOWTIME (Matt Tamanini/The Streamable) 31-01-2023

Matt Tamanini / The Streamable: Paramount Global plans to merge its Showtime streaming service with Paramount+’s ad-free tier later in 2023 and call the new offering Paramount+ with SHOWTIME  —  It’s been a long time coming, but later this year, Paramount Global will finally fully integrate the streaming arm … Lees verder op Tech Meme

Sources: Stripe is aiming to raise ~$2.5B at a $55B to $60B valuation, led by Thrive Capital, which has committed $1B; Stripe was valued at ~$95B in March 2021 (New York Times) 31-01-2023

New York Times: Sources: Stripe is aiming to raise ~$2.5B at a $55B to $60B valuation, led by Thrive Capital, which has committed $1B; Stripe was valued at ~$95B in March 2021  —  Thrive has committed $1 billion, which would value the payments provider Stripe at about $55 billion to $60 billion, people with knowledge of the matter said. Lees verder op Tech Meme

Samsung reports Q4 operating profit down 69% YoY to ~$3.5B, its lowest since Q3 2014, and revenue down 8% YoY to ~$57.3B, citing weak chip and smartphone demand (Kim Jaewon/Nikkei Asia) 31-01-2023

Kim Jaewon / Nikkei Asia: Samsung reports Q4 operating profit down 69% YoY to ~$3.5B, its lowest since Q3 2014, and revenue down 8% YoY to ~$57.3B, citing weak chip and smartphone demand  —  South Korean tech giant’s slump expected to continue in first half of this year  —  SEOUL — Samsung Electronics said Tuesday … Lees verder op Tech Meme

A look at MetaBirkins, 100 NFTs created by a self-described entrepreneur and artist in 2021, as Hermès goes to court in NYC seeking to stop the use of its brand (Erin Mulvaney/Wall Street Journal) 31-01-2023

Erin Mulvaney / Wall Street Journal: A look at MetaBirkins, 100 NFTs created by a self-described entrepreneur and artist in 2021, as Hermès goes to court in NYC seeking to stop the use of its brand  —  Lawsuit is an early test of how a company can exercise its rights against virtual assets it didn’t authorize Lees verder op Tech Meme

Sources: Microsoft, Nintendo, and Sony do not plan to attend E3 2023, to be held in-person from June 13 to June 16; E3 2022 was canceled due to the pandemic (Kat Bailey/IGN) 31-01-2023

Kat Bailey / IGN: Sources: Microsoft, Nintendo, and Sony do not plan to attend E3 2023, to be held in-person from June 13 to June 16; E3 2022 was canceled due to the pandemic  —  All three of gaming’s first-party console manufacturers appear poised to skip E3’s big return.  —  E3’s first physical event … Lees verder op Tech Meme

Payment card services company Marqeta plans to acquire NYC-based fintech infrastructure startup Power Finance for $223M in cash plus $52M subject to a milestone (Mary Ann Azevedo/TechCrunch) 31-01-2023

Mary Ann Azevedo / TechCrunch: Payment card services company Marqeta plans to acquire NYC-based fintech infrastructure startup Power Finance for $223M in cash plus $52M subject to a milestone  —  Marqeta has agreed to acquire two-year-old fintech infrastructure startup Power Finance for $223 million in cash … Lees verder op Tech Meme

Manu Jain, who led Xiaomi's India business for seven years, leaves, joining a long list of key departures; sources say he pitched investors on EV startup ideas (Manish Singh/TechCrunch) 31-01-2023

Manish Singh / TechCrunch: Manu Jain, who led Xiaomi’s India business for seven years, leaves, joining a long list of key departures; sources say he pitched investors on EV startup ideas  —  Manu Jain, the executive who helped Xiaomi set up and scale business in India, has left the company, he said Monday … Lees verder op Tech Meme

Amazon's third-party “seller services”, a large and growing part of the company's revenue that is also profitable, has filled its Marketplace with junk products (John Herrman/New York Magazine) 31-01-2023

John Herrman / New York Magazine: Amazon’s third-party “seller services”, a large and growing part of the company’s revenue that is also profitable, has filled its Marketplace with junk products  —  Let’s say you’re a regular Amazon shopper in need of a spatula.  You might start your journey by typing the word … Lees verder op Tech Meme