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Tejay Fletcher, the mastermind behind phone number spoofing service iSpoof, which scammed victims out of ~£100M, is sentenced to over 13 years in a UK prison (Katharine Gemmell/Bloomberg) 19-05-2023

Katharine Gemmell / Bloomberg: Tejay Fletcher, the mastermind behind phone number spoofing service iSpoof, which scammed victims out of ~£100M, is sentenced to over 13 years in a UK prison  —  The mastermind behind a global “spoofing shop” that scammed victims out of as much as £100 million ($124 million) … Lees verder op Tech Meme

Source: Instacart had ad revenue of about $740M in 2022, up 30% from 2021; nearly 30% of Instacart's 2022 revenue came from selling ads (Cory Weinberg/The Information) 19-05-2023

Cory Weinberg / The Information: Source: Instacart had ad revenue of about $740M in 2022, up 30% from 2021; nearly 30% of Instacart’s 2022 revenue came from selling ads  —  Instacart has become an advertising powerhouse.  —  The grocery-delivery firm’s ad revenue totaled about $740 million last year, up 30% from 2021, according to a person familiar with the matter. Lees verder op Tech Meme

The UK plans to invest up to £1B over the next decade in its semiconductor industry; the US had pledged $52B and the EU €43B for their respective chip sectors (The Guardian) 19-05-2023

The Guardian: The UK plans to invest up to £1B over the next decade in its semiconductor industry; the US had pledged $52B and the EU €43B for their respective chip sectors  —  While the US and EU announce bigger programmes, one British startup says the government’s investment figure is less than the cost of one basic plant Lees verder op Tech Meme

Sources: media agency GroupM tells clients it no longer considers Twitter “high risk”, a designation given in November, days after Linda Yaccarino's appointment (Financial Times) 19-05-2023

Financial Times: Sources: media agency GroupM tells clients it no longer considers Twitter “high risk”, a designation given in November, days after Linda Yaccarino’s appointment  —  WPP-owned GroupM removed designation of platform after appointment of Linda Yaccarino Lees verder op Tech Meme

A UK court throws out a case against Google concerning the transfer of 1.6M patients' data by an NHS trust to DeepMind in 2015 and its alleged misuse (Sam Tobin/Reuters) 19-05-2023

Sam Tobin / Reuters: A UK court throws out a case against Google concerning the transfer of 1.6M patients’ data by an NHS trust to DeepMind in 2015 and its alleged misuse  —  Google on Friday defeated a lawsuit brought on behalf of 1.6 million people over medical records provided to the U.S. tech giant by a British hospital trust. Lees verder op Tech Meme