Platformer: Sources: employees at X are increasingly being asked to spend time working on xAI initiatives, as xAI is using GPUs that once belonged to Twitter — Today, some notes on how the tech industry’s tectonic shift toward artificial intelligence is playing out inside X — and raising questions … Lees verder op Tech Meme
Kate Clark / The Information: Document: Coatue cut the value of its $120M stake in OpenSea to $13M as of Q2 2023, implying a valuation of $1.4B or less, down from $13.3B in January 2022 — One of OpenSea’s biggest investors has marked down by 90% its stake in the struggling non-fungible-token marketplace … Lees verder op Tech Meme
Matt G. Southern / Search Engine Journal: Google adds generative AI features to its Performance Max ad platform, rolling out first as a beta to all US advertisers by the end of the year — Google launches generative AI in Performance Max to help marketers easily create customized text and image ads at scale. Lees verder op Tech Meme
Brian Fung / CNN: Former Meta consultant Arturo Béjar’s Senate testimony: Meta executives ignored warnings of harms to teens and carefully crafted metrics to downplay the issue — Meta’s top executives, including CEO Mark Zuckerberg, ignored warnings for years about harms to teens on its platforms such as Instagram … Lees verder op Tech Meme
Paige Smith / Bloomberg: Robinhood reports Q3 revenue up 29% YoY to $467M, vs. $478.9M est., trading revenue down 11% YoY to $185M, including crypto trading down 55% YoY; HOOD drops 8%+ — – Third-quarter crypto notional volumes fell 55% on the year — Online brokerage plans to launch EU crypto trading in weeks Lees verder op Tech Meme
Jay Peters / The Verge: Reddit starts testing its own add-ons, including those that make posts with live scoreboards and that help mods ban spammers, with a small number of subreddits — Reddit is beginning to test the first of its own add-ons built through its Developer Platform. Lees verder op Tech Meme
Brian Fung / CNN: Former Meta consultant Arturo Béjar’s Senate testimony: Meta executives ignored warnings of harms to teens and carefully crafted metrics to downplay the issue — Meta’s top executives, including CEO Mark Zuckerberg, ignored warnings for years about harms to teens on its platforms such as Instagram … Lees verder op Tech Meme
Nilay Patel / The Verge: Q&A with Barack Obama on regulating social media and AI, privacy bills, Biden’s EO on AI, incumbents embracing AI regulation, generative AI IP issues, and more — The former president joined me on Decoder to discuss AI regulation, the First Amendment, and of course, what apps he has on his homescreen. Lees verder op Tech Meme
ABC: Australian mobile network Optus is suffering an outage impacting millions of customers, including major hospitals and Melbourne’s Metro Trains — Loading… Optus mobile services are down across the country, affecting millions of Australian customers and businesses. — Key points: Lees verder op Tech Meme
Bloomberg: Sources: USDC stablecoin issuer Circle is considering an IPO early in 2024; Circle was valued at $9B when it tried to go public via SPAC in 2022 — – Backers include Goldman Sachs, General Catalyst and BlackRock — Circle had tried to go public via blank-check deal in 2022 Lees verder op Tech Meme