Tech Meme

Ingrid Lunden / TechCrunch: SoftBank acquires a 51% stake in Dublin-based Cubic Telecom, which offers software-based networking for 17M+ vehicles, for €473M, valuing Cubic at €927M  —  Automakers and technology companies are building ever-more sophisticated digital platforms into the future generations of cars and other vehicles. Lees verder op Tech Meme

Hannah Lang / Reuters: OpenSecrets: crypto companies spent $18.96M on US lobbying in Q1 2023 to Q3 2023, up from $16.1M during the same period in 2022; Coinbase spent $2.16M, the most  —  The cryptocurrency industry was on track to hit a new record for federal lobbying spending, after a year in which firms scrambled … Lees verder op Tech Meme

BBC: Tesla whistleblower Łukasz Krupski says Autopilot is not safe to use on public roads due to its hardware and software not being “ready”  —  A former Tesla employee has told the BBC he believes the technology powering the firm’s self-driving vehicles is not safe enough to be used on public roads. Lees verder op Tech Meme

New York Times: Interviews with 80+ sources describe how OpenAI releasing ChatGPT a year ago triggered a scramble by Google, Meta, and the rest of Silicon Valley to catch up  —  ChatGPT’s release a year ago triggered a desperate scramble among tech companies and alarm from some of the people who helped invent it. Lees verder op Tech Meme

Julia Fioretti / Bloomberg: Crypto mining hardware retailer Phoenix Group jumps 50%+ after raising $371M in an Abu Dhabi IPO; Abu Dhabi’s largest conglomerate bought a 10% share in October  —  – The IPO drew orders worth $12 billion, 33 times oversubscribed  — Abu Dhabi’s IHC bought a 10% stake in Phoenix in October Lees verder op Tech Meme

Jake Kanter / Deadline: Amazon fails to renew its live English Premier League rights deal, as part of Sky and TNT’s new £6.7B TV rights deal for four soccer seasons from 2025/2026  —  – BBC Names Royals Accused In Omid Scobie Book Of Commenting On Skin Color Of Harry & Meghan’s Son Lees verder op Tech Meme

Reuters: Documents: Apple warns India that its EU-style charger rules will hit local production targets and asks to exempt existing iPhone models from the rules  —  Apple (AAPL.O) has told India its local production targets will be hit if New Delhi follows the European Union and requires existing iPhones … Lees verder op Tech Meme

Sudip Kar-Gupta / Reuters: The European Commission approves up to €1.2B of state aid for a European cloud computing project, the IPCEI CIS, matched with €1.4B in private investments  —  The European Commission approved on Tuesday up to 1.2 billion euros ($1.30 billion) of state aid for a European cloud computing project … Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: SoftBank acquires a 51% stake in Dublin-based Cubic Telecom, which offers software-based networking for 17M+ vehicles, for €473M, valuing Cubic at €927M  —  Automakers and technology companies are building ever-more sophisticated digital platforms into the future generations of cars and other vehicles. Lees verder op Tech Meme

Vishal Chawla / The Block: Web3 developer platform thirdweb discloses a major vulnerability in its open-source library affecting many NFT collections; Thirdweb became aware on November 20  —  – Thirdweb, a web3 developer platform, disclosed a security vulnerability in its open-source library. Lees verder op Tech Meme