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Many VCs question whether generative AI startups, currently attracting huge valuations, will make enough money, fearing a repeat of the crypto investment hype (George Hammond/Financial Times) 07-03-2023

George Hammond / Financial Times: Many VCs question whether generative AI startups, currently attracting huge valuations, will make enough money, fearing a repeat of the crypto investment hype  —  Silicon Valley VCs fearing a repeat of falling crypto values warn against pouring cash into hype-fuelled start-ups Lees verder op Tech Meme

Analysis: in 2022, Apple had eight of the top 10 best-selling smartphones, led by the iPhone 13 and 13 Pro Max; Samsung's Galaxy A13 was 4th and A03 came 10th (Harshit Rastogi/Counterpoint Research) 07-03-2023

Harshit Rastogi / Counterpoint Research: Analysis: in 2022, Apple had eight of the top 10 best-selling smartphones, led by the iPhone 13 and 13 Pro Max; Samsung’s Galaxy A13 was 4th and A03 came 10th  —  – Apple captured eight spots in the list of top 10 best-selling smartphones for 2022.  — The remaining two spots were taken by Samsung’s Galaxy A13 and A03 models. Lees verder op Tech Meme

French expense management software maker N2F raised €24M from PSG Equity, and says it processes 1M+ expense reports a month for 10K+ businesses in 86+ countries (Dan Taylor/Tech.eu) 07-03-2023

Dan Taylor / Tech.eu: French expense management software maker N2F raised €24M from PSG Equity, and says it processes 1M+ expense reports a month for 10K+ businesses in 86+ countries  —  According to the startup, they’re processing over one million expense reports per month for more than 10,000 businesses in over 86 countries. Lees verder op Tech Meme

A report by Ireland's DPC: 17 large inquiries concluded in 2022, resulting in €1B+ fines; 10K+ cases concluded in 2022, including 246 cross-border complaints (Vish Gain/Silicon Republic) 07-03-2023

Vish Gain / Silicon Republic: A report by Ireland’s DPC: 17 large inquiries concluded in 2022, resulting in €1B+ fines; 10K+ cases concluded in 2022, including 246 cross-border complaints  —  Helen Dixon said the DPC issued two-thirds of fines issued across Europe last year on foot of ‘detailed and comprehensive investigations’. Lees verder op Tech Meme

After Instagram added a prompt to cross-post on Facebook, sources say at Meta's request, some young adults express surprise that their posts are on Facebook (New York Times) 07-03-2023

New York Times: After Instagram added a prompt to cross-post on Facebook, sources say at Meta’s request, some young adults express surprise that their posts are on Facebook  —  Teenagers and young adults are flummoxed.  The reason it keeps happening involves an online prompt and product design. Lees verder op Tech Meme

YouTube, Facebook, and Instagram helped Monu Manesar, an Indian cow vigilante wanted in connection to two murders, thrive despite violent and Islamophobic posts (Wall Street Journal) 07-03-2023

Wall Street Journal: YouTube, Facebook, and Instagram helped Monu Manesar, an Indian cow vigilante wanted in connection to two murders, thrive despite violent and Islamophobic posts  —  Killings prompt scrutiny of companies’ handling of influencer whose accounts thrived years with violent and anti-Muslim posts Lees verder op Tech Meme