Zack Abrams / The Block: Tether freezes the wallets of people sanctioned by the US Treasury’s OFAC to stop “potential misuse” of its tokens, one of its new CEO’s first significant moves  —  – Tether has frozen its coins held in crypto wallets sanctioned by the U.S. Office of Foreign Asset Controls, the company announced today. Lees verder op Tech Meme

Mitchell Clark / The Verge: A look at L4S, an internet standard finalized in January 2023, aiming to reduce latency, with interest from Apple, Google, Comcast, Nvidia, and other companies  —  A few months ago, I downgraded my internet, going from a 900Mbps plan to a 200Mbps one.  Now, I find that websites can sometimes … Lees verder op Tech Meme

Amelia Pollard / Bloomberg: Near Intelligence, which provides data insights to companies, files for bankruptcy with plans to sell itself; Near went public via a SPAC merger in March 2023  —  – Company, listed on the Nasdaq in March, plans to sell itself  — Lender Blue Torch to provide opening bid and financing Lees verder op Tech Meme

Cory Weinberg / The Information: a16z-backed D2iQ, the cloud infrastructure startup formerly known as Mesosphere, is shutting down; D2iQ had raised $250M and was valued at $775M in May 2018  —  Andreessen Horowitz-backed D2iQ, a cloud infrastructure startup formerly known as Mesosphere and which was once popular with software developers, is shutting down. Lees verder op Tech Meme

Reuters: Malaysia’s YTL Power partners with Nvidia in a $4.3B investment deal for AI infrastructure in the country, including building Malaysia’s fastest supercomputer  —  Malaysian conglomerate YTL’s utilities unit (YTLP.KL) will partner with U.S technology giant Nvidia (NVDA.O) to develop artificial intelligence … Lees verder op Tech Meme

Spencer Soper / Bloomberg: Amazon files a motion to dismiss the US FTC’s lawsuit, arguing the agency relies on anecdotal evidence and fails to prove that Amazon’s practices hurt consumers  —  The US Federal Trade Commission’s antitrust case against Amazon.com Inc. relies on anecdotal evidence from a handful … Lees verder op Tech Meme

Ben Cohen / Wall Street Journal: Nvidia’s stock tripled in value in 2023, beating every other S&P 500 stock, and is on pace for the best annual performance of any major stock in the past decade  —  Jensen Huang, the CEO of the year’s most successful company, has a theory about the superpower of entrepreneurs Lees verder op Tech Meme

Sean Hollister / The Verge: Court filing: lead Epic and Google attorneys say Tim Sweeney and Sundar Pichai met for an hour on December 7 and the meeting “did not result in a settlement”  —  “These meetings did not result in a settlement.”  —  Also new: This is the final verdict form (pdf) the jury will use to decide Epic v. Google. Lees verder op Tech Meme

Christopher Mims / Wall Street Journal: How parametric insurance startups use data science and AI to limit their liability, as climate change has made more typical kinds of coverage unprofitable  —  A new breed of insurer is finding opportunity as larger companies exit some markets  —  If floodwaters outside a warehouse in Freeport … Lees verder op Tech Meme