Zhou Xin / South China Morning Post: Sources: ByteDance offers to buy back up to $5B of shares from existing investors at $160 per share, putting the company’s valuation at $268B, down 11% on 2022  —  Beijing-based ByteDance, the owner of TikTok, is offering to buy back up to US$5 billion worth of shares from existing investors … Lees verder op Tech Meme

Financial Times: Sources: Apple tells component suppliers of its preference to source iPhone 16 batteries from Indian factories, as part of plans to diversify from China  —  Tech giant wants suppliers to build key component in India as part of broader effort to diversify supply chain Lees verder op Tech Meme

Tim Bradshaw / Financial Times: Cambridge, UK-based Pragmatic Semiconductor, which develops and manufactures flexible integrated circuits, raised £182M at a ~£500M post-money valuation  —  The £182mn financing sets Cambridge-based group on track to become Britain’s biggest semiconductor supplier by volume Lees verder op Tech Meme

Bruce Schneier / Schneier on Security: The internet enabled mass surveillance, and AI will enable mass spying, once limited by human labor, by making troves of data searchable and understandable  —  Spying and surveillance are different but related things.  If I hired a private detective to spy on you, that detective could hide … Lees verder op Tech Meme

Tim Bradshaw / Financial Times: Cambridge, UK-based Pragmatic Semiconductor, which develops and manufactures flexible integrated circuits, raised £182M at a ~£500M post-money valuation  —  The £182mn financing sets Cambridge-based group on track to become Britain’s biggest semiconductor supplier by volume Lees verder op Tech Meme

Hayden Field / CNBC: Q&A with Waymo CPO Saswat Panigrahi on simulating 25K+ vehicles 24/7 to improve AI driving, growing San Francisco and Phoenix users amid Cruise’s woes, and more  —  – Waymo, Alphabet’s self-driving car unit, is having a relatively good couple of months – at least, compared to one of its key rivals: GM’s Cruise. Lees verder op Tech Meme

New York Times: A look at struggles of lawmakers around the world to regulate AI, including tech’s rapid pace, knowledge deficit in governments, and labyrinthine bureaucracies  —  Alarmed by the power of artificial intelligence, Europe, the United States and others are trying to respond … Lees verder op Tech Meme