Newley Purnell / Wall Street Journal: Top10VPN: India’s internet shutdowns between 2019 and 2022 cost over $4.8B in economic activity and affected more than 120M people in 2022  —  Online sellers and ride-hailing drivers count the cost as authorities cut off the internet more than in any other country Lees verder op Tech Meme

New York Times: How Instacart CEO Fidji Simo helped find new ways for the company to make money, including via expanding its ads and software, which made $406M in 2023 revenue  —  As it prepares to go public next week, Instacart shows that one secret to making money as a gig economy company is to become an advertising company. Lees verder op Tech Meme

Bloomberg: Lenders allege that Indian edtech giant Byju’s hid $533M in an obscure three-year-old hedge fund that once said it was based out of an IHOP restaurant in Miami  —  – New lender suit seeks to recover cash from Camshaft Capital  — Hedge fund was founded just three years ago, lenders say Lees verder op Tech Meme

Helene Braun / CoinDesk: A US judge says FTX can now sell, stake, and hedge its crypto holding, estimated to be worth $3.4B+, including $1.16B in solana, to repay creditors  —  Lawyers of FTX had submitted a filing with the U.S. Bankruptcy Court for the District of Delaware, asking for permission to sell … Lees verder op Tech Meme

Washington Post: On day two of the Google trial, an Apple lawyer protested two numbers the DOJ used in its opening statement, including Google paying Apple $4B-$7B for search  —  Protection of trade secrets versus transparency has been a major debate between Google and activists in the case Lees verder op Tech Meme