Hannah Lang / Reuters: In a major policy shift, EWS says banks on payment app Zelle began refunding scam victims as of June 30, 2023, after pressure from US lawmakers and the CFPB  —  Banks on the payment app Zelle have begun refunding victims of imposter scams to address consumer protection concerns raised … Lees verder op Tech Meme

Axios: The Block sells an 80% stake to Singaporean VC Foresight Ventures, valuing the crypto outlet at $70M and freeing the business from financial ties to FTX  —  Crypto media company The Block sold a majority stake to Singaporean venture capital firm Foresight Ventures in a deal valuing the crypto outlet at $70 million. Lees verder op Tech Meme

John D. McKinnon / Wall Street Journal: Google sues unnamed individuals in India and Vietnam for tricking US-based SMB owners with Facebook accounts into clicking fake Bard ads that install malware  —  Lawsuit attributes the alleged scheme to hackers in India and Vietnam  —  Scammers are capitalizing on the rush of consumer interest … Lees verder op Tech Meme

Ryan Heath / Axios: OpenAI, Anthropic, Discord, Vimeo, and others sign up to the Christchurch Call to Action, established after a 2019 mass killing to moderate extremist content  —  Ardern sat down with Axios in Paris Friday to explain how AI is changing her approach to extremist content. Lees verder op Tech Meme

Reuters: Didi reports Q3 revenue up 25% YoY to ~$7B, a ~$14.7M net income, up from a ~$274M loss in Q3 2022, and plans to buy back $1B in shares over the next 24 months  —  Didi Global, China’s largest ride-hailing company, on Monday reported its first quarterly profit since 2021 … Lees verder op Tech Meme

Byron Kaye / Reuters: Australian telecom Optus says the recent massive outage that impacted 10M+ was caused by “changes to routing information” after a “routine software upgrade”  —  Australian telecoms provider Optus said on Monday that a massive outage which effectively cut off 40% … Lees verder op Tech Meme