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
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
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
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
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
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
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
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
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
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