Tech Meme

Bloomberg: Sources: the US pushed back against EU’s AI code of practice; the code is voluntary, still being finalized, and aims to help companies comply with the AI Act  —  US President Donald Trump’s administration is putting pressure on Europe to ditch a rulebook that would compel developers … Lees verder op Tech Meme

Carmen Arroyo / Bloomberg: Docs: X’s data licensing and subscriptions revenue grew 32% YoY to $91M in February, ad revenue grew 4% YoY to $146M; Twitter had $4.5B in ad revenue in 2021  —  Elon Musk’s X Holdings Corp. is evolving from a social media platform powered by mainstream advertisers to one betting … Lees verder op Tech Meme

CNN: Temu and Shein raise prices ahead of de minimis tariff exemption expiring on May 2 and urged customers to make purchases prior to April 25 to avoid 120% tariffs  —  New York CNN —  —  “Cheap goods” sold on Temu and Shein aren’t as cheap as they were 24 hours ago. Lees verder op Tech Meme

Leo Schwartz / Fortune: Nous, which plans to launch an AI training system on Solana using people’s idle computing power, raised a $50M Series A, a source says at a $1B token valuation  —  Training AI models requires a massive amount of computing power.  —  The crypto industry has been fighting to get a piece … Lees verder op Tech Meme

Eleanor Olcott / Financial Times: Baidu CEO Robin Li says demand for text-based models like DeepSeek’s is “shrinking” and claims its model had a higher propensity for “hallucinations”  —  Search group’s chief makes rare criticism of China’s generative artificial intelligence darling Lees verder op Tech Meme

Bloomberg: Sources: Tencent Music is in advanced talks to buy Chinese podcasting startup Ximalaya in a $2.4B deal  —  An agreement could be reached as soon as the coming weeks, the people said.  —  Talks are ongoing and no final decisions have been made, the people said. Lees verder op Tech Meme

Michael Peel / Financial Times: Toshiba Europe researchers say they used quantum key distribution cryptography to send messages over a 250km German commercial telecommunications network  —  Researchers harness quantum mechanics to create communications system that can avoid being hacked  —  Scientists have sent messages … Lees verder op Tech Meme

Gabriel Daros / Rest of World: Brazil’s AI-based social security app, launched in 2018, has cut bureaucracy in some cases but wrongly rejected hundreds of vulnerable people over minor errors  —  An algorithmic tool meant to reduce bureaucracy is misfiring on complex cases, and vulnerable Brazilians are paying the price. Lees verder op Tech Meme

Andrew Silver / Reuters: Three European scientific funding agencies have put research programs with China on hold since 2021 due to concerns over the country’s Data Security Law  —  Several of Europe’s biggest funders of scientific collaboration with China, in fields such as viruses and air quality … Lees verder op Tech Meme

Bloomberg: Baidu rolls out Ernie 4.5 Turbo and X1 Turbo, new versions of its flagship foundation and reasoning models, as it looks to take on Alibaba’s Qwen and DeepSeek  —  The Chinese search engine leader rolled out Ernie 4.5 Turbo and Ernie X1 Turbo, the latest versions of its flagship foundation … Lees verder op Tech Meme