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Tech Meme

Sources: activist investor Ryan Cohen has built a stake worth hundreds of millions of dollars in Alibaba and is pushing the company to accelerate stock buybacks (Lauren Thomas/Wall Street Journal) 17-01-2023

Lauren Thomas / Wall Street Journal: Sources: activist investor Ryan Cohen has built a stake worth hundreds of millions of dollars in Alibaba and is pushing the company to accelerate stock buybacks  —  Cohen first contacted the Chinese e-commerce giant’s board in August to say he saw the company’s shares as undervalued Lees verder op Tech Meme

Wikimedia says the UK's Online Safety Bill was designed for social media and a proposed change, expected Tuesday, would limit Wikipedia's freedom of expression (Chris Vallance/BBC) 17-01-2023

Chris Vallance / BBC: Wikimedia says the UK’s Online Safety Bill was designed for social media and a proposed change, expected Tuesday, would limit Wikipedia’s freedom of expression  —  Wikipedia should be treated differently to the big social media firms in the Online Safety Bill, a leading member of its foundation says. Lees verder op Tech Meme

Microsoft makes its Azure OpenAI Service, announced in 2021, broadly available, giving users access to the GPT-3.5 language model, DALL-E 2, and ChatGPT “soon” (Dina Bass/Bloomberg) 17-01-2023

Dina Bass / Bloomberg: Microsoft makes its Azure OpenAI Service, announced in 2021, broadly available, giving users access to the GPT-3.5 language model, DALL-E 2, and ChatGPT “soon”  —  Microsoft Corp. said it will add OpenAI’s viral artificial intelligence bot ChatGPT to its cloud-based Azure service … Lees verder op Tech Meme

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 (Kate Rooney/CNBC) 10-01-2023

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

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 (Financial Times) 10-01-2023

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

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 (Tim Copeland/The Block) 10-01-2023

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

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 (Jess Weatherbed/The Verge) 10-01-2023

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

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 (Financial Times) 10-01-2023

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

Google releases the Extension SDK for developers to bring new features, like the new Photo Picker API that launched with Android 13, to older Android versions (Adam Conway/XDA Developers) 10-01-2023

Adam Conway / XDA Developers: Google releases the Extension SDK for developers to bring new features, like the new Photo Picker API that launched with Android 13, to older Android versions  —  The Extensions SDK is what makes features like Photo Picker possible on older Android versions. Lees verder op Tech Meme

TSMC reports Q4 revenue up 43% YoY to ~$20.6B, below ~$20.8B analyst estimates, its first miss in two years; TSMC stock dropped 27% in 2022 but is up 8% in 2023 (Debby Wu/Bloomberg) 10-01-2023

Debby Wu / Bloomberg: TSMC reports Q4 revenue up 43% YoY to ~$20.6B, below ~$20.8B analyst estimates, its first miss in two years; TSMC stock dropped 27% in 2022 but is up 8% in 2023  —  Taiwan Semiconductor Manufacturing Co.’s fourth-quarter sales missed analysts’ estimates, signaling the global decline … Lees verder op Tech Meme