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The FDIC and California regulators say JPMorgan Chase plans to acquire most of First Republic Bank, which was a tad bigger than SVB and had $100B+ in outflows (Financial Times) 01-05-2023

Financial Times: The FDIC and California regulators say JPMorgan Chase plans to acquire most of First Republic Bank, which was a tad bigger than SVB and had $100B+ in outflows  —  Depositors protected but shareholders wiped out in country’s second-largest bank failure  —  JPMorgan Chase is to acquire … Lees verder op Tech Meme

Automattic says its WordPress plugin JetPack is losing the ability to automatically share blog posts to Twitter, citing the new Twitter API terms and pricing (Matt Binder/Mashable) 01-05-2023

Matt Binder / Mashable: Automattic says its WordPress plugin JetPack is losing the ability to automatically share blog posts to Twitter, citing the new Twitter API terms and pricing  —  Twitter continues to lose vital support from major companies.  —  When users set up a brand new WordPress-powered website … Lees verder op Tech Meme

Sources: Istanbul-based grocery delivery startup Getir is in talks to acquire its German rival Flink, which is in talks to raise ~$100M at a $1B+ valuation (Ivan Levingston/Financial Times) 01-05-2023

Ivan Levingston / Financial Times: Sources: Istanbul-based grocery delivery startup Getir is in talks to acquire its German rival Flink, which is in talks to raise ~$100M at a $1B+ valuation  —  Discussions come as consolidation accelerates in one of the pandemic’s hottest tech sectors  —  Grocery delivery app pioneer Getir … Lees verder op Tech Meme

A profile of Will Wilkerson, a former Truth Social VP who blew the whistle, shared 150K documents with the US SEC and investigators, and now works at Starbucks (Drew Harwell/Washington Post) 01-05-2023

Drew Harwell / Washington Post: A profile of Will Wilkerson, a former Truth Social VP who blew the whistle, shared 150K documents with the US SEC and investigators, and now works at Starbucks  —  The former high-ranking executive of Trump’s media company says he’s shared 150,000 internal documents with federal investigators. Lees verder op Tech Meme

Meta, Amazon, Google, and Intel earnings were better than Wall Street expected, sparking hope that the post-pandemic hangover is fading, but sales growth lags (Meghan Bobrowsky/Wall Street Journal) 01-05-2023

Meghan Bobrowsky / Wall Street Journal: Meta, Amazon, Google, and Intel earnings were better than Wall Street expected, sparking hope that the post-pandemic hangover is fading, but sales growth lags  —  Shares rise on better-than-expected results, but growth lags behind what Microsoft, Amazon and Google did in past Lees verder op Tech Meme

NewsGuard finds 49 websites with generic names like “News Live 79” using generative AI and posing as news outlets; some feature falsehoods and programmatic ads (Davey Alba/Bloomberg) 01-05-2023

Davey Alba / Bloomberg: NewsGuard finds 49 websites with generic names like “News Live 79” using generative AI and posing as news outlets; some feature falsehoods and programmatic ads  —  The news-rating group NewsGuard has found dozens of news websites generated by AI chatbots proliferating online … Lees verder op Tech Meme

The Super Mario Bros. Movie crosses $1B globally at the box office, becoming the first to do so in 2023 and the most financially successful video game movie yet (Rebecca Rubin/Variety) 01-05-2023

Rebecca Rubin / Variety: The Super Mario Bros. Movie crosses $1B globally at the box office, becoming the first to do so in 2023 and the most financially successful video game movie yet  —  “The Super Mario Bros. Movie” is officially the first film of the year to cross the coveted $1 billion milestone at the global box office. Lees verder op Tech Meme