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Sources: SoftBank plans a new round of Vision Fund layoffs, impacting up to 30% of the staff at the unit; Vision Fund had 349 staff at the end of March 2023 (Krystal Hu/Reuters) 13-06-2023

Krystal Hu / Reuters: Sources: SoftBank plans a new round of Vision Fund layoffs, impacting up to 30% of the staff at the unit; Vision Fund had 349 staff at the end of March 2023  —  SoftBank Group Corp (9984.T) is planning a fresh round of layoffs at its Vision Fund investment arm, two people familiar with the matter said … Lees verder op Tech Meme

A look at the global network of subsea internet cables, dominated by companies from France, the US, and Japan, as China circumvents US curbs to build its own (Financial Times) 13-06-2023

Financial Times: A look at the global network of subsea internet cables, dominated by companies from France, the US, and Japan, as China circumvents US curbs to build its own  —  Nearly 1.4mn kilometres of metal-encased fibre criss-crosses the world’s oceans, speeding internet traffic seamlessly around the globe. Lees verder op Tech Meme

Amazon tests generative AI product review summaries, giving an overview of what customers liked and disliked alongside an “AI-generated” disclaimer (Annie Palmer/CNBC) 13-06-2023

Annie Palmer / CNBC: Amazon tests generative AI product review summaries, giving an overview of what customers liked and disliked alongside an “AI-generated” disclaimer  —  – Amazon is testing the use of artificial intelligence to generate summaries of reviews left on some products. Lees verder op Tech Meme

PitchBook: the UK and Ireland accounted for ~28% of VC deals in Europe and Israel in Q1 2023, down from over 34% in 2018, while France and the Nordics rose (Mark Bergen/Bloomberg) 13-06-2023

Mark Bergen / Bloomberg: PitchBook: the UK and Ireland accounted for ~28% of VC deals in Europe and Israel in Q1 2023, down from over 34% in 2018, while France and the Nordics rose  —  This year did not begin well for technology in the UK.  Venture financing evaporated.  Companies cut staff and tightened belts. Lees verder op Tech Meme

How Jimmy Donaldson, aka MrBeast, became a viral sensation for his absurd acts of altruism and pitching subscribing as an act of charity, sometimes literally (Max Read/New York Times) 13-06-2023

Max Read / New York Times: How Jimmy Donaldson, aka MrBeast, became a viral sensation for his absurd acts of altruism and pitching subscribing as an act of charity, sometimes literally  —  Jimmy Donaldson, a.k.a. MrBeast, has become a viral sensation for his absurd acts of altruism.  Why do so many people think he’s evil? Lees verder op Tech Meme