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Tech Meme

Prosecutors: Pornhub operator Aylo admits that it had profited from porn that depicted sex trafficking victims, will pay a $1.8M fine and be assigned a monitor (Erin Nolan/New York Times) 22-12-2023

Erin Nolan / New York Times: Prosecutors: Pornhub operator Aylo admits that it had profited from porn that depicted sex trafficking victims, will pay a $1.8M fine and be assigned a monitor  —  The company that operates Pornhub and other adult websites has agreed to pay damages to women who said pornographic videos of them were posted online without their consent. Lees verder op Tech Meme

Former employees say Meta considered exempting underage user accounts from encryption but rejected the plan due to associated costs and potential liability (Wall Street Journal) 22-12-2023

Wall Street Journal: Former employees say Meta considered exempting underage user accounts from encryption but rejected the plan due to associated costs and potential liability  —  The company’s own child-safety experts sounded the alarm about efforts to encrypt messages on Instagram and Facebook. Lees verder op Tech Meme

ScamSniffer: Google and X ads are promoting sites containing a crypto drainer named “MS Drainer” that has stolen $59M from 63,210 victims since March 2023 (Bill Toulas/BleepingComputer) 22-12-2023

Bill Toulas / BleepingComputer: ScamSniffer: Google and X ads are promoting sites containing a crypto drainer named “MS Drainer” that has stolen $59M from 63,210 victims since March 2023  —  Google and Twitter ads are promoting sites containing a cryptocurrency drainer named ‘MS Drainer’ that has already stolen $59 million … Lees verder op Tech Meme

Former employees say Meta considered measures to limit encryption but rejected them to avoid potential liability for kids' safety on its apps and to cut costs (Wall Street Journal) 22-12-2023

Wall Street Journal: Former employees say Meta considered measures to limit encryption but rejected them to avoid potential liability for kids’ safety on its apps and to cut costs  —  The company’s own child-safety experts sounded the alarm about efforts to encrypt messages on Instagram and Facebook. Lees verder op Tech Meme

Toshiba sees power management chips as a profit driver and plans to spend ~$175M to double production as the company completes its $14B buyout by PE firm JIP (Makiko Yamazaki/Reuters) 22-12-2023

Makiko Yamazaki / Reuters: Toshiba sees power management chips as a profit driver and plans to spend ~$175M to double production as the company completes its $14B buyout by PE firm JIP  —  Toshiba Corp (TOSBF.PK) sees power management chips as an immediate profit driver on the back of surging electric vehicle (EV) … Lees verder op Tech Meme

China publishes draft rules for online gaming, including setting spending limits and banning daily login rewards; Tencent plunges 10%+ and NetEase 20%+ (Bloomberg) 22-12-2023

Bloomberg: China publishes draft rules for online gaming, including setting spending limits and banning daily login rewards; Tencent plunges 10%+ and NetEase 20%+  —  – Tencent, NetEase shares dive in Hong Kong after new rules  — Beijing has in recent years sought to combat gaming addiction Lees verder op Tech Meme

China publishes draft rules for online gaming, including setting spending limits and banning daily login rewards; Tencent plunges 10%+ and NetEase 20%+ (Zheping Huang/Bloomberg) 22-12-2023

Zheping Huang / Bloomberg: China publishes draft rules for online gaming, including setting spending limits and banning daily login rewards; Tencent plunges 10%+ and NetEase 20%+  —  – Tencent, NetEase shares slide in Hong Kong after new rules  — Beijing has in recent years sought to combat gaming addiction Lees verder op Tech Meme

ImpriMed, which builds AI-powered drug response prediction tech to help treat cancer in dogs and cats, raised a $23M Series A led by SoftBank Ventures Asia (Kate Park/TechCrunch) 22-12-2023

Kate Park / TechCrunch: ImpriMed, which builds AI-powered drug response prediction tech to help treat cancer in dogs and cats, raised a $23M Series A led by SoftBank Ventures Asia  —  ImpriMed, a California-based precision medicine startup, builds AI-powered dog cancer treatment technology that helps veterinarians identify … Lees verder op Tech Meme

Analysis: ABBA Voyage, the London show performed by 3D avatars of the band created using motion capture, made £322.6M in revenue in the 12 months since May 2022 (Reuters) 22-12-2023

Reuters: Analysis: ABBA Voyage, the London show performed by 3D avatars of the band created using motion capture, made £322.6M in revenue in the 12 months since May 2022  —  Thank you for the music, London’s authorities might say, after Swedish pop group ABBA’s digital concert residency raked … Lees verder op Tech Meme

Boston-based knownwell, which provides virtual and in-person primary care and obesity treatment for patients, raised a $20M Series A led by a16z (Anastassia Gliadkovskaya/Fierce Heal …) 22-12-2023

Anastassia Gliadkovskaya / Fierce Healthcare: Boston-based knownwell, which provides virtual and in-person primary care and obesity treatment for patients, raised a $20M Series A led by a16z  —  Digital health Obesity Employer-Sponsored Health Plan funding round  —  Knownwell, an integrated primary and obesity care provider … Lees verder op Tech Meme