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Ancestry, MyHeritage, and 23andMe begin notifying their users to say their accounts will use 2FA by default, following the theft of millions of 23andMe records (Zack Whittaker/TechCrunch) 07-11-2023

Zack Whittaker / TechCrunch: Ancestry, MyHeritage, and 23andMe begin notifying their users to say their accounts will use 2FA by default, following the theft of millions of 23andMe records  —  DNA testing and genealogy companies are stepping up user account security by mandating the use of two-factor authentication … Lees verder op Tech Meme

Former Meta consultant Arturo Béjar's Senate testimony: Meta executives ignored warnings of harms to teens and carefully crafted metrics to downplay the issue (Brian Fung/CNN) 07-11-2023

Brian Fung / CNN: Former Meta consultant Arturo Béjar’s Senate testimony: Meta executives ignored warnings of harms to teens and carefully crafted metrics to downplay the issue  —  Meta’s top executives, including CEO Mark Zuckerberg, ignored warnings for years about harms to teens on its platforms such as Instagram … Lees verder op Tech Meme

Microsoft adds a no-cost Azure AI option for Nvidia GPU clusters to its Startups Founders Hub, in preview first for YC startups and coming later to M12 startups (Kyle Wiggers/TechCrunch) 07-11-2023

Kyle Wiggers / TechCrunch: Microsoft adds a no-cost Azure AI option for Nvidia GPU clusters to its Startups Founders Hub, in preview first for YC startups and coming later to M12 startups  —  In the midst of an AI chip shortage, Microsoft wants to give a privileged few startups free access to “supercomputing” … Lees verder op Tech Meme

IBM debuts a $500M enterprise AI venture fund to invest in startups across all stages, with no set target of annual investments or capital deployment timeline (Kia Kokalitcheva/Axios) 07-11-2023

Kia Kokalitcheva / Axios: IBM debuts a $500M enterprise AI venture fund to invest in startups across all stages, with no set target of annual investments or capital deployment timeline  —  IBM is dedicating $500 million to invest in generative AI startups focused on business customers. Lees verder op Tech Meme

Google pushes a Pixel update with security fixes and to address an Android 14 storage bug that locked some owners who use multiple profiles out of their devices (Ron Amadeo/Ars Technica) 07-11-2023

Ron Amadeo / Ars Technica: Google pushes a Pixel update with security fixes and to address an Android 14 storage bug that locked some owners who use multiple profiles out of their devices  —  Google’s “solution” can’t do anything for bootlooping devices.  —  It’s the start of November, and that means a new Android security patch. Lees verder op Tech Meme

eBay reports Q3 revenue up 5% YoY to $2.5B, gross merchandise volume up 2% YoY to $18B, and forecasts its Q4 revenue and profit below estimates; EBAY drops 5%+ (Chavi Mehta/Reuters) 07-11-2023

Chavi Mehta / Reuters: eBay reports Q3 revenue up 5% YoY to $2.5B, gross merchandise volume up 2% YoY to $18B, and forecasts its Q4 revenue and profit below estimates; EBAY drops 5%+  —  E-commerce platform eBay (EBAY.O) forecast fourth-quarter revenue below Wall Street estimates on Tuesday as rising competition … Lees verder op Tech Meme

Robinhood reports Q3 revenue up 29% YoY to $467M, vs. $478.9M est., trading revenue down 11% YoY to $185M, with crypto volumes down 55% YoY; HOOD drops 8%+ (Paige Smith/Bloomberg) 08-11-2023

Paige Smith / Bloomberg: Robinhood reports Q3 revenue up 29% YoY to $467M, vs. $478.9M est., trading revenue down 11% YoY to $185M, with crypto volumes down 55% YoY; HOOD drops 8%+  —  – Third-quarter crypto notional volumes fell 55% on the year  — Online brokerage plans to launch EU crypto trading in weeks Lees verder op Tech Meme

Former Meta consultant Arturo Béjar's Senate testimony: Meta execs ignored warnings about harms to teens, using carefully crafted metrics to downplay the issue (Brian Fung/CNN) 07-11-2023

Brian Fung / CNN: Former Meta consultant Arturo Béjar’s Senate testimony: Meta execs ignored warnings about harms to teens, using carefully crafted metrics to downplay the issue  —  Meta’s top executives, including CEO Mark Zuckerberg, ignored warnings for years about harms to teens on its platforms such as Instagram … Lees verder op Tech Meme