Cory Weinberg / The Information: Source: Instacart generated ~$740M in 2022 ad revenue, up 30% YoY; nearly 30% of the company’s 2022 revenue came from its ads unit, which launched in 2019  —  Instacart has become an advertising powerhouse.  —  The grocery-delivery firm’s ad revenue totaled about $740 million last year … Lees verder op Tech Meme

Jon Fingas / Engadget: Hyundai agrees to settle with ~9M US Hyundai and Kia owners for $200M, after hundreds of car thefts inspired by the viral “Kia Challenge” on TikTok in mid-2022  —  Most of the money from the settlement will go toward compensating theft victims.  —  Hyundai is putting … Lees verder op Tech Meme

Byron Kaye / Reuters: The Australian Securities Exchange no longer plans to try to rebuild its software using blockchain, after “pausing” seven years of development in November 2022  —  Australia’s stock market operator said it will no longer attempt to rebuild its software platform with blockchain-based technology … Lees verder op Tech Meme

Chance Miller / 9to5Mac: Apple shares its first App Store Transparency Report with data on app rejections, government requests, more, as part of a settlement in a 2021 developer lawsuit  —  Earlier this week, Apple shared an in-depth look at how the App Store helped prevent fraud and protect developers and customers alike. Lees verder op Tech Meme