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Tech Meme

Amazon CEO Andy Jassy says the company plans to “go big” on physical retail stores in 2023, blaming a lack of “normalcy” during the pandemic for its stumbles (Dave Lee/Financial Times) 14-02-2023

Dave Lee / Financial Times: Amazon CEO Andy Jassy says the company plans to “go big” on physical retail stores in 2023, blaming a lack of “normalcy” during the pandemic for its stumbles  —  Andy Jassy says ecommerce giant will double down on grocery despite recent stumbles Lees verder op Tech Meme

CryptoSlam: Ethereum NFT sales jumped from $546.9M in December 2022 to $780.2M in January 2023, well down from ~$5B in January 2022; average prices were ~$372 (Medha Singh/Reuters) 14-02-2023

Medha Singh / Reuters: CryptoSlam: Ethereum NFT sales jumped from $546.9M in December 2022 to $780.2M in January 2023, well down from ~$5B in January 2022; average prices were ~$372  —  It’s alive!  The NFT market is twitching out of its torpor, defying reports of its demise.  —  Total NFT sales on the ethereum blockchain … Lees verder op Tech Meme

A look at the Modi administration's attempts to strengthen government control over the internet in India and its battle with Big Tech, which keeps giving in (Varsha Bansal/Wired) 14-02-2023

Varsha Bansal / Wired: A look at the Modi administration’s attempts to strengthen government control over the internet in India and its battle with Big Tech, which keeps giving in  —  The Modi administration keeps giving itself new powers, and Big Tech keeps giving in.  —  Akash Banerjee isn’t sure whether he’s allowed … Lees verder op Tech Meme

Geneva-based Taurus, which offers digital asset infrastructure to European financial institutions, raised a $65M Series B led by Credit Suisse (Yogita Khatri/The Block) 14-02-2023

Yogita Khatri / The Block: Geneva-based Taurus, which offers digital asset infrastructure to European financial institutions, raised a $65M Series B led by Credit Suisse  —  – Swiss digital asset infrastructure company Taurus raised $65 million in a Series B round led by Credit Suisse. Lees verder op Tech Meme

Internal memo: Meta plans to revamp Horizon Worlds, including opening the app to users aged 13-17, seeking to improve user retention as competition intensifies (Salvador Rodriguez/Wall Street Journal) 07-02-2023

Salvador Rodriguez / Wall Street Journal: Internal memo: Meta plans to revamp Horizon Worlds, including opening the app to users aged 13-17, seeking to improve user retention as competition intensifies  —  Memo highlights social-media giant’s plan to revitalize app, boost users in 2023  —  Facebook parent Meta Platforms Inc. META -0.25%decrease … Lees verder op Tech Meme

Nintendo cuts its full-year earnings and revenue outlook, including operating income from ~$3.8B to ~$3.6B, and revises Switch sales forecasts from ~19M to ~18M (Bloomberg) 07-02-2023

Bloomberg: Nintendo cuts its full-year earnings and revenue outlook, including operating income from ~$3.8B to ~$3.6B, and revises Switch sales forecasts from ~19M to ~18M  —  Nintendo Co. cut its full-year earnings and revenue outlook, underscoring uncertainty around its aging Switch console and the global gaming environment. Lees verder op Tech Meme

Filings: Digital Currency Group begins selling shares in investment vehicles run by its subsidiary Grayscale at a steep discount, seeking to repay creditors (Financial Times) 07-02-2023

Financial Times: Filings: Digital Currency Group begins selling shares in investment vehicles run by its subsidiary Grayscale at a steep discount, seeking to repay creditors  —  Digital assets conglomerate sells down holdings in prized investments at a discount to pay creditors Lees verder op Tech Meme

Samsung Galaxy S23 users say the smartphone uses ~60GB of its storage for Android and pre-installed apps, four times more than the Google Pixel 7 Pro's ~15GB (Ron Amadeo/Ars Technica) 07-02-2023

Ron Amadeo / Ars Technica: Samsung Galaxy S23 users say the smartphone uses ~60GB of its storage for Android and pre-installed apps, four times more than the Google Pixel 7 Pro’s ~15GB  —  Samsung’s Android build is 4x bigger than Google’s—twice the size of Windows 11.  —  As a smartphone operating system … Lees verder op 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