Tech Meme

Sandali Handagama / CoinDesk: Montenegro’s Appeals Court rejects a high court’s order to extradite Terra founder Do Kwon to the US or South Korea, after Kwon appealed, and orders a retrial  —  A previous decision that legal requirements for extradition had been met was rejected by the country’s Appeals Court.  —  Register Now Lees verder op Tech Meme

Eva Dou / Washington Post: In Google’s $700M settlement for Utah et al v. Google, an estimated 102M eligible US Android users will split $630M, leaving $70M for other related claims  —  Google will pay consumers from all 50 states to settle a lawsuit over its app store practices  —  Tens of millions of U.S. consumers … Lees verder op Tech Meme

Rachel Metz / Bloomberg: Boston-based Lightmatter, which uses light for AI computing, adds $155M led by GV to its $154M Series C at a $1.2B valuation, taking its total funding to $420M+  —  The AI boom has lifted the startup’s prospects. … Lightmatter said Tuesday that it raised $155 million in a deal led by GV … Lees verder op Tech Meme

Spencer Soper / Bloomberg: An analysis of Amazon’s AI review summaries shows they sometimes mischaracterize products or exaggerate negative feedback, which sellers say can threaten sales  —  Review summaries created by generative artificial intelligence also sometimes mischaracterize products. Lees verder op Tech Meme

New York Times: How Russia uses specialized e-commerce sites, secretive shipping workarounds, and middlemen in China to buy Cisco and other Western tech to maintain its economy  —  Using specialized e-commerce sites, secretive shipping workarounds and a constellation of middlemen, Russia has obtained … Lees verder op Tech Meme

Bloomberg: As NYC’s $17.96+/hour minimum wage law for delivery apps begins, Uber and DoorDash update their apps to make tipping harder and, workers say, work more for less  —  – Base hourly pay of $17.96 prompts companies to pass on costs  — City aims for smaller, more efficient, better paid workforce Lees verder op Tech Meme

New York Times: How Russia uses specialized e-commerce sites, secretive shipping workarounds, and numerous middlemen to buy Cisco and other Western tech to maintain its economy  —  Using specialized e-commerce sites, secretive shipping workarounds and a constellation of middlemen, Russia has obtained … Lees verder op Tech Meme

Brendan Bordelon / Politico: A source and a doc show that RAND Corporation, backed by $15M+ from Dustin Moskovitz’s effective altruism-focused Open Philanthropy, helped craft Biden’s AI EO  —  Researchers from the RAND Corporation — which took more than $15 million this year from a group financed by a Facebook co-founder … Lees verder op Tech Meme

Carly Page / TechCrunch: The FBI, UK, Germany, and more seize the dark web leak site of the notorious ransomware gang ALPHV, or BlackCat; the US also seized “several” other ALPHV sites  —  An international group of law enforcement agencies have seized the dark web leak site of the notorious ransomware gang known as ALPHV, or BlackCat. Lees verder op Tech Meme

Ryan McMorrow / Financial Times: Q&A with Andrew Ng, a Google Brain cofounder, Stanford professor, ex-Baidu executive, and investor, on AI models, training, regulation, Big Tech, and Biden’s EO  —  The computer scientist says it’s a mistake to fall for the doomsday hype on AI — and that regulators who do will only benefit vested interests Lees verder op Tech Meme