Tech Meme

Manish Singh / TechCrunch: India’s Enforcement Directorate accuses edtech giant Byju’s of violating rules under the country’s Foreign Exchange Management Act to the tune of $1.12B  —  India’s Enforcement Directorate, its crime-fighting agency, has issued a show-cause notice to Byju’s, accusing it of violating the nation’s foreign exchange rules. Lees verder op Tech Meme

Byron Kaye / Reuters: Australia unveils a A$587M seven-year cyber resilience plan that includes cyber health checks for small businesses and mandatory reporting of ransomware attacks  —  Australia will give cyber health checks for small businesses, increase cyber law enforcement funding and introduce mandatory reporting … Lees verder op Tech Meme

Baranjot Kaur / Reuters: Counterpoint Research: global monthly smartphone sell-through volumes grew 5% in October 2023, the first month to record YoY growth since June 2021  —  The global smartphone market returned to growth in October after more than two years of slump, helped by a recovery in the emerging markets … Lees verder op Tech Meme

CNN: Paris Hilton’s 11:11 Media suspends an ad campaign on X one month after announcing a partnership with X; it’s unclear whether the partnership is still on  —  Paris Hilton’s entertainment company 11:11 Media has pulled an advertising campaign from Elon Musk’s X just one month after announcing … Lees verder op Tech Meme

Wall Street Journal: OpenAI insiders and other sources describe the turmoil within OpenAI following Sam Altman’s ousting and how Altman’s supporters rallied behind him  —  A fired CEO, middle-finger emojis and the battle royale over the future of artificial intelligence  —  Sam Altman was in Las Vegas … Lees verder op Tech Meme

Scott Roxborough / The Hollywood Reporter: EAO: global streamers spent €4.9B on European original content in 2022, up 70% YoY; Netflix spent €2.2B, Amazon €1.1B, Disney €500M, and HBO and Apple €400M  —  Global streamers spent $5.4 billion on original European content last year, but still account for just under a quarter of total spend in the region. Lees verder op Tech Meme

Scott Roxborough / The Hollywood Reporter: EAO: global streamers spent €4.9B on European original content in 2022, up 70% YoY; Netflix spent €2.2B, Amazon €1.1B, Disney €500M, and HBO and Apple €400M  —  Global streamers spent $5.4 billion on original European content last year, but still account for just under a quarter of total spend in the region. Lees verder op Tech Meme

Diane Bartz / Reuters: In a letter to Elon Musk, 27 US lawmakers, all Democrats, express concern that X seems to be profiting from anti-Israel propaganda via ads and subscriptions  —  A group of 27 U.S. lawmakers, all Democrats, wrote to X owner Elon Musk on Tuesday to express concern the platform seemed to be profiting … Lees verder op Tech Meme

New York Times: Sources: before his ousting, Sam Altman made a move to push out board member Helen Toner because he thought a paper she had co-written was critical of OpenAI  —  Sam Altman attacked a member over a research paper that discussed the company, while directors disagreed about who should fill board vacancies open for months. Lees verder op Tech Meme

Scott Roxborough / The Hollywood Reporter: EAO: global streamers spent €4.9B on European original content in 2022, up 70% YoY; Netflix spent €2.2B, Amazon €1.1B, Disney €500M, and HBO and Apple €400M  —  Global streamers spent $5.4 billion on original European content last year, but still account for just under a quarter of total spend in the region. Lees verder op Tech Meme