Tech Meme

NPR: Faulty court filing redactions show TikTok executives were unconcerned with the harms the app poses for teenagers despite internal research validating concerns  —  For the first time, internal TikTok communications have been made public that show a company unconcerned with the harms the app poses for American teenagers. Lees verder op Tech Meme

Iain Martin / Forbes: Filing: TikTok’s European revenue grew to $4.57B in 2023, up from $2.6B in 2022; losses grew to $1.3B, up from $512M YoY; ByteDance set aside $1B for EU fines  —  Bytedance has set aside the ten-figure sum to pay regulatory fines in Europe while facing a barrage of investigations and lawsuits across … Lees verder op Tech Meme

Rebecca Bellan / TechCrunch: Elon Musk shows a Tesla Cybercab prototype, claims “you will be able to buy one” for under $30,000 and expects the robotaxi to be in production “before 2027”  —  Tesla has finally revealed its Cybercab, and it looks like a smaller, sleeker Cybertruck. Lees verder op Tech Meme

Wall Street Journal: Sources: Salt Typhoon hackers still had access to some parts of US broadband networks within the last week, and investigators don’t know what they were seeking  —  In letters to AT&T, Verizon and Lumen, lawmakers ask about proposed measures the companies will take to protect U.S. wiretap systems Lees verder op Tech Meme

Lauren Goode / Wired: Some developers say OpenAI’s GPT Store is a mixed bag, with revenue sharing reserved for a tiny number of GPT creators in an invite-only pilot program in the US  —  OpenAI promised payouts to custom GPT creators.  Now most are turning to outside sources for revenue. Lees verder op Tech Meme

Hayden Field / CNBC: CoreWeave says it has a new $650M credit line and has raised $12.7B from equity and debt investors in the past 18 months  —  CoreWeave, an Nvidia-backed artificial intelligence startup that rents out chips to other companies, announced Friday that it has a new $650 million credit line to expand its business and data center portfolio. Lees verder op Tech Meme

Olga Kharif / Bloomberg: Report: 47% of traditional hedge funds have crypto investments, up from 29% in 2023; among who already invested in crypto, 33% plan for more by the end of 2024  —  – That’s up from 29% last year, per new AIMA and PwC report  — Many traditional hedge funds are active in crypto derivatives Lees verder op Tech Meme

Norman Goh / Nikkei Asia: ByteDance confirms laying off hundreds of TikTok content moderators in Malaysia and plans to invest $2B in 2024 on trust and safety; sources: 700 were laid off  —  KUALA LUMPUR — ByteDance, the parent company of social media platform TikTok, confirmed on Friday that it will be laying off hundreds … Lees verder op Tech Meme

Issie Lapowsky / Wired: A profile of White House national security adviser Jake Sullivan, who has crafted a strategy to stop China from unseating the US as the world’s tech superpower  —  China is racing to unseat the United States as the world’s technological superpower.  Not if Jake Sullivan can help it. Lees verder op Tech Meme

Victoria Song / The Verge: A review of Submerged, Apple’s first scripted short film shot in Immersive Video for the Vision Pro: technologically impressive, but an isolating experience  —  I don’t like submarines.  The idea of being trapped, several hundred feet underwater, in a narrow, creaking death trap?  No thanks. Lees verder op Tech Meme