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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 (Axios) 13-11-2023

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

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 (John D. McKinnon/Wall Street Journal) 13-11-2023

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

OpenAI, Anthropic, Discord, Vimeo, and others sign up to the Christchurch Call to Action, established after a 2019 mass killing to moderate extremist content (Ryan Heath/Axios) 13-11-2023

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

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 (Reuters) 13-11-2023

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

Australian telecom Optus says the recent massive outage that impacted 10M+ was caused by “changes to routing information” after a “routine software upgrade” (Byron Kaye/Reuters) 13-11-2023

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