Bloomberg: How TikTok Shop’s growth in Indonesia, meant to be a template for a global expansion, ended in a ban amid backlash from rivals and an “activist” minister — – Company ordered to split off TikTok Shop in its No. 1 market — Indonesia puts pressure on TikTok to protect local merchants Lees verder op Tech Meme
Wanqing Zhang / Rest of World: A look at the rise of online feminism in China, driven by content on apps like Weibo, Douyin, WeChat, and Douban, despite increased scrutiny from the platforms — Lying in bed one night in 2021, Zhang Zirui was swiping through Chinese social media app Weibo when she came across a post that gave her pause. Lees verder op Tech Meme
Financial Times: Sources: OpenAI and Jony Ive’s LoveFrom are in advanced talks with Masayoshi Son to raise $1B+ from SoftBank to build the “iPhone of artificial intelligence” — ChatGPT creator in early discussions to create the ‘iPhone of artificial intelligence’ Lees verder op Tech Meme
Emma Roth / The Verge: Raspberry Pi 5 launches with 64-bit quad-core Arm Cortex-A76 processor, up to 8GB of RAM, two 4K HDMI ports with HDR, available in October for $60 for 4GB model — Despite doubts that the Raspberry Pi 5 would launch this year, the latest version of the microcomputer has arrived with some notable upgrades at a $60 starting price. Lees verder op Tech Meme
Min Jeong Lee / Bloomberg: Counterpoint: Pixel had a record 12% market share in Japan in Q2 2023, up from 2% YoY, while the iPhone’s share fell from 58% to 46% during the same period — – iPhone’s share dropped below 50% for first time in two years — The Pixel has grown to its largest market share to date Lees verder op Tech Meme
Alex Pasternack / Fast Company: At the center of Google’s antitrust trial are a “remarkable” number of deleted employee chats, as chat backups show employees discussing going “off the record” — Chat records reveal employees at the search giant frequently discussing going “off the record,” … Lees verder op Tech Meme
Wired: SoundThinking, which makes the sensor-based gunshot-detection system ShotSpotter, acquires parts of Geolitica, which built the predictive policing tool PredPol — SoundThinking is purchasing parts of Geolitica, the company that created PredPol. Experts say the acquisition marks a new era of companies dictating how police operate. Lees verder op Tech Meme
Ivan Levingston / Financial Times: Nord Security, the Lithuania-based startup behind NordVPN, raised $100M led by Warburg Pincus at a $3B valuation, up from $1.6B valuation in April 2022 — Lithuanian tech company nearly doubles valuation in one year to $3bn after deal with private equity group Lees verder op Tech Meme
Amanda Silberling / TechCrunch: X CEO Linda Yaccarino claims 90% of the top 100 advertisers “returned to the platform in the past 12 weeks alone” and that X will be profitable by early 2024 — According to X CEO Linda Yaccarino, the company formerly known as Twitter will be profitable by early 2024. Lees verder op Tech Meme
Benjamin Parkin / Financial Times: Indian fantasy sports and online gaming startups including Dream11 receive notices from tax authorities demanding hundreds of millions of dollars in back taxes — Gaming companies receive demands for hundreds of millions of dollars — Indian tax authorities have sent notices to fantasy sports … Lees verder op Tech Meme