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Twitter sues four unnamed entities in Texas for “unlawfully scraping data” and seeks $1M+ in relief; Elon Musk: “that is why we had to put rate limits in place” (Reuters) 14-07-2023

Reuters: Twitter sues four unnamed entities in Texas for “unlawfully scraping data” and seeks $1M+ in relief; Elon Musk: “that is why we had to put rate limits in place”  —  Twitter has filed a lawsuit against four unnamed entities in Texas for data scraping last week … Lees verder op Tech Meme

Crypto bridging protocol Multichain ceases operations after confirming Chinese police detained its CEO, Zhaojun, and his sister, who held ~$220M of user assets (Tim Copeland/The Block) 14-07-2023

Tim Copeland / The Block: Crypto bridging protocol Multichain ceases operations after confirming Chinese police detained its CEO, Zhaojun, and his sister, who held ~$220M of user assets  —  – Multichain confirmed its CEO has been detained in China.  — It said the CEO’s sister moved $220 million of funds … Lees verder op Tech Meme

Sources: Dutch export control rules would bar ASML from maintaining, repairing, and providing spare parts for controlled equipment without government approval (Bloomberg) 14-07-2023

Bloomberg: Sources: Dutch export control rules would bar ASML from maintaining, repairing, and providing spare parts for controlled equipment without government approval  —  – ASML will be limited in repairing restricted machines in China  — China’s production capabilities and capacity to be affected Lees verder op Tech Meme

Sources: Elon Musk claimed his new startup xAI was worth $20B while he was trying to recruit top AI talent, including by offering equity in xAI (Semafor) 14-07-2023

Semafor: Sources: Elon Musk claimed his new startup xAI was worth $20B while he was trying to recruit top AI talent, including by offering equity in xAI  —  Elon Musk sought to recruit top AI talent to his new artificial intelligence company with equity in the venture he claimed was already worth tens … Lees verder op Tech Meme