Dan Sabbagh / The Guardian: In a U-turn, the UK bans TikTok from ministers’ and civil servants’ work phones after a security review that began in November 2022, following the EU and the US  —  Move brings Britain in line with US and Europe and reflects worsening relations with China  —  Britain is to ban … Lees verder op Tech Meme

Bloomberg: Microsoft announces Microsoft 365 Copilot, which will bring OpenAI’s GPT-4 to Excel, PowerPoint, Outlook, Word, and its other Office apps in the coming months  —  Microsoft Corp.’s effort to overhaul its entire lineup with OpenAI technology has spread to one of the company’s oldest and best-known products: its Office apps. Lees verder op Tech Meme

The Verge: Microsoft details Microsoft 365 Copilot’s Business Chat, which can summarize meetings, recent customer interactions, calendar entries, and more, like Bing’s AI  —  One of the new Copilot AI features coming to Microsoft 365 apps and services is dubbed Business Chat. Lees verder op Tech Meme

George Hammond / Financial Times: Peter Thiel says he had $50M in a personal account at SVB when the bank collapsed, even after Founders Fund warned portfolio companies that the bank was at risk  —  Prominent investor’s Founders Fund among those that had warned about US bank’s risks ahead of its collapse Lees verder op Tech Meme

Wall Street Journal: Sources: Tiger Global marked down its investments in private companies by ~33% across its VC funds in 2022, erasing $23B in value from its portfolio of startups  —  The markdowns erased $23 billion in value from Tiger’s portfolio of startups  —  Tiger Global marked down the value … Lees verder op Tech Meme

Brian Heater / TechCrunch: Nimble, which helps companies automate their warehouses using logistics robots, raised a $65M Series B led by Cedar Pine, bringing its total funding to $115M  —  There’s a long-standing debate in the world of logistics robotics.  On one side stand the greenfield folk, who insist … Lees verder op Tech Meme

Jonathan Vanian / CNBC: In a presentation about the new Copilot features, Microsoft acknowledges AI’s tendency to produce inaccurate responses but says the tech can be “usefully wrong”  —  – Microsoft debuted ChatGPT-like features dubbed Copilot that will eventually come to its business apps like Word and Excel. Lees verder op Tech Meme

Patricia Nilsson / Financial Times: Pornhub owner MindGeek is acquired by PE firm Ethical Capital Partners; MindGeek had $460M in 2018 revenue, and sources say it had ~50% profit margins at times  —  MindGeek acquired by Ethical Capital Partners for undisclosed sum  —  MindGeek, one of the world’s largest … Lees verder op Tech Meme