Tech Meme

Ivan Mehta / TechCrunch: Read AI, which uses AI to summarize meetings, emails, and more, raised a $50M Series B and launches a free Chrome extension, after a $21M Series A in April 2024  —  There are plenty of startups now that have AI bots that will listen to your meetings, transcribe them, make notes, and create insights. Lees verder op Tech Meme

Financial Times: A UK judge sentences a 27-year-old man who used AI tool Daz 3D to create child sexual abuse imagery to 18 years in prison, a landmark prosecution over deepfakes  —  A man who used artificial intelligence technology to create child sexual abuse imagery was sentenced to 18 years in prison on Monday … Lees verder op Tech Meme

Mark Bergen / Bloomberg: A profile of Italian private equity firm Bending Spoons, which has acquired distressed SaaS businesses like WeTransfer and Evernote, and plans to spend billions  —  Italian company Bending Spoons is buying up subscription tools like Evernote and WeTransfer and is ready to spend billions more. Lees verder op Tech Meme

Bloomberg: A profile of ex-eBay and HP CEO Meg Whitman, who became US ambassador to Kenya in late 2021, as the US seeks to counterbalance Chinese tech influence in Africa  —  As ambassador to Kenya, the former eBay and HP CEO has made a priority of counterbalancing Chinese influence on the continent. Lees verder op Tech Meme

Wall Street Journal: Q&A with Precision Neuroscience executives about brain-computer interface uses, human trials since the 2000s, brain implants becoming consumer devices, and more  —  People with severe spinal injuries will one day be able to return to work, according to executives at Precision Neuroscience Lees verder op Tech Meme

Mark Bergen / Bloomberg: A profile of Italian private equity firm Bending Spoons, which bought WeTransfer, Evernote, and other distressed subscription apps, and plans to spend billions  —  Italian company Bending Spoons is buying up subscription tools like Evernote and WeTransfer and is ready to spend billions more. Lees verder op Tech Meme

Alex Wolf / Bloomberg Law: FTX agrees to drop its Bybit litigation in a ~$228M deal that will let FTX withdraw assets from Bybit’s crypto exchange and sell BIT tokens to Bybit’s Mirana  —  Search by Law Firm Search by Topic  —  FTX Trading Ltd. agreed to drop sprawling litigation against Bybit Fintech Ltd … Lees verder op Tech Meme

Claire Jiao / Bloomberg: Indonesia bans iPhone 16 series sales, saying that Apple has not fulfilled its 40% local content requirements and invested ~$95M, below its ~$108M commitment  —  – Indonesia says Apple hasn’t fulfilled investment pledges  — Rivals Samsung, Xiaomi have set up local factories to comply Lees verder op Tech Meme

Wall Street Journal: Q&A with Agility Robotics CEO Peggy Johnson on Agility’s humanoid robot Digit, which was demoed onstage sorting laundry, automation’s impact on jobs, and more  —  Peggy Johnson of Agility Robotics gives a demo of the company’s Digit—a robot that can, among other things, sort laundry Lees verder op Tech Meme

Bloomberg: Hong Kong outlines an AI policy for finance and proposes an extension of a tax break on owning digital assets, as it seeks to become Asia’s go-to financial hub  —  – Tax break law to be tabled by year-end: treasury secretary Hui  — City was denied access by major AI tools like ChatGPT, Gemini Lees verder op Tech Meme