Manish Singh / TechCrunch: Amazon adds a store called Bazaar to its Android app in India, featuring affordable fashion and lifestyle products, to compete with Flipkart and Reliance’s Ajio  —  Amazon has quietly introduced a “special store” called Bazaar in India, featuring affordable and trendy fashion and lifestyle products … Lees verder op Tech Meme

Bloomberg: A US jury finds Terraform Labs and Do Kwon liable for fraud in a US SEC lawsuit, boosting SEC’s efforts to assert greater control over the crypto industry  —  – Terraform 2022 failure wiped out $40 billion in investor funds  — Kwon criminal trial on hold over extradition from Montenegro Lees verder op Tech Meme

Reed Albergotti / Semafor: Q&A with Marissa Mayer about her app development startup Sunshine, its new photo-sharing app Shine, the AI landscape, internet business models, and more  —  The Scene  —  About a week after Marissa Mayer’s startup, app development company Sunshine, launched a new photo-sharing service, her co-founder Enrique Munoz Torres quit. Lees verder op Tech Meme

Financial Times: Sources say Sundar Pichai is now making day-to-day decisions about adding generative AI to Google products even as some worry about his low-key leadership style  —  The Silicon Valley group has stumbled in the rollout of generative AI.  Insiders say cultural and organisational issues are to blame Lees verder op Tech Meme

Bloomberg: Filings in FTC lawsuit: Instagram had revenues of $22B in 2020, or 26% of Meta’s total revenue, $32.4B in 2021, or 27% of Meta’s revenue, and $16.5B in H1 2022  —  – Sales figures for the app released in FTC’s antitrust lawsuit  —  Meta Platforms Inc. brought in almost 30% of its revenue … Lees verder op Tech Meme