Tech Meme

Olga Kharif / Bloomberg: The website of President Trump’s World Liberty Financial shows the crypto project sold 24B+ of its 25B WLFI tokens after a slow start, implying $1.25B in sales  —  – The project has sold more than 24 billion tokens so far  — Chinese crypto entrepreneur Justin Sun is a project investor Lees verder op Tech Meme

David Pan / Bloomberg: Industry executives say US crypto miners are facing delays receiving new equipment from Bitmain and other Chinese suppliers due to heightened customs scrutiny  —  – Bitmain rakes in billions of dollars from mining machine sales  — The Beijing-based company is also a leading AI chip developer Lees verder op Tech Meme

J. Edward Moreno / Sherwood News: Analysis: consumers spent $259.1B on Uber, Lyft, and DoorDash in 2024, up 19% from $218.5B in 2023, with $162.8B on Uber, $80.2B on DoorDash, and $16.1B on Lyft  —  Lyft and DoorDash just reported their first years with net profits.  Instacart is likely next. Lees verder op Tech Meme

Wired: Romance scams may rise as isolation grows and generative AI helps scammers scale; the FBI says US victims lost nearly $4.5B to such scams over the past decade  —  Romance scams cost victims hundreds of millions of dollars a year.  As people grow increasingly isolated, and generative AI helps scammers scale … Lees verder op Tech Meme

Oliver Knight / CoinDesk: Argentine President Javier Milei posted and then deleted an X post promoting Libra, a memecoin that rose 2,000%+ to a $4.4B market cap before plunging 95%+  —  Milei deleted his original promotional tweet and revealed that he wasn’t aware of its details.  —  What to know: Lees verder op Tech Meme

Dwarkesh Patel / Dwarkesh Podcast: Q&A with Google Gemini co-leads Jeff Dean and Noam Shazeer on Google’s path to AGI, the future of Moore’s Law, TPUs, inference scaling, open research, and more  —  Two of Gemini’s co-leads on Google’s path to AGI  —  This week I welcome on the show two of the most important technologists ever, in any field. Lees verder op Tech Meme

Boone Ashworth / Wired: A profile of Watch Duty creator John Clarke Mills, who is expanding the free fire-tracking app so it becomes a one-stop shop for information during any disaster  —  Watch Duty proved indispensable during the recent LA wildfires.  John Mills, the app’s creator, wants it to be the one place to go for tracking disasters. Lees verder op Tech Meme

Emily Nicolle / Bloomberg: Tether’s venture arm acquires a minority stake in Italian football club Juventus, as part of a broader push to integrate digital assets into sports franchises  —  Tether Holdings SA de CV said it’s acquired a minority stake in Juventus Football Club SpA, as one of crypto’s most valuable companies continues … Lees verder op Tech Meme

Oliver Knight / CoinDesk: Argentina’s president Javier Milei backtracks on an X post promoting a memecoin called Libra, which rose to a $4.4B market cap before plunging by 95%+  —  Milei deleted his original promotional tweet and revealed that he wasn’t aware of its details.  —  What to know: Lees verder op Tech Meme

Katie Roof / Bloomberg: CB Insights: a record 1,200 VC-backed unicorns have yet to IPO or get acquired; Carta: fewer than 30% of 2021 unicorns raised funding in the past three years  —  The billion-dollar startup bubble is deflating, and more than $1 trillion in value is locked up in companies with dwindling prospects. Lees verder op Tech Meme