Tech Meme

Todd Spangler / Variety: Roku plans to lay off 300+, or 10% of its staff, to cut costs and will take a ~$65M impairment charge in the current quarter to remove content; ROKU jumps 12%+  —  Roku will cut more than 300 staffers — laying off 10% of its workforce — as the streaming-platform company continues its battle to control costs. Lees verder op Tech Meme

Wall Street Journal: The Pentagon is considering building a vast network of AI-powered tech, drones, and autonomous systems in the next two years to counter threats from China  —  Defense Department seeks an array of air-, land- and sea-based autonomous systems to keep pace with adversaries Lees verder op Tech Meme

Nico Grant / New York Times: A profile of Kent Walker, Google’s top lawyer, who helped negotiate the 2013 FTC settlement, as Google prepares to defend itself against DOJ antitrust claims  —  The tech giant is facing the greatest legal threat in its history, and hopes the stolid approach of Kent Walker, its top lawyer, will once again prevail. Lees verder op Tech Meme

Financial Times: Sources: the UK government pulls back from new encryption rules in the Online Safety Bill, averting a clash with Big Tech, as the bill enters its final stages  —  Ministers will not immediately enforce online safety bill powers to scan apps after WhatsApp threatened shutdown Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Dublin-based Wayflyer, which offers e-commerce funding in exchange for future revenue, raised $1B from Neuberger Berman via an “off-balance sheet program”  —  Wayflyer, which provides financing to e-commerce startups in exchange for a portion of their future revenue … Lees verder op Tech Meme

Mike Scarcella / Reuters: A US judge denies Apple’s efforts to block Eddy Cue and two executives testifying in a DOJ case over Google’s market dominance, set to begin on September 12  —  Three senior Apple (AAPL.O) executives have lost their bid to stop the U.S. Justice Department from calling them as witnesses … Lees verder op Tech Meme

André Beganski / Decrypt: Story Protocol, a blockchain-based IP ownership network that aims to address creatives’ concerns over AI, raised over $54M led by Andreessen Horowitz  —  Andreessen Horowitz invested in a startup that uses blockchain tech to address problems heightened by artificial intelligence. Lees verder op Tech Meme

Todd Spangler / Variety: Roku plans to lay off 300+ staff, or 10% of its workforce, to cut costs and will take a ~$65M impairment charge in the current quarter to remove some content  —  Roku will cut more than 300 staffers — laying off 10% of its workforce — as the streaming-platform company continues its battle to control costs. Lees verder op Tech Meme

André Beganski / Decrypt: Story Protocol, a blockchain-based IP ownership network that aims to address creatives’ concerns over AI, raised over $54M led by Andreessen Horowitz  —  Andreessen Horowitz invested in a startup that uses blockchain tech to address problems heightened by artificial intelligence. Lees verder op Tech Meme

New York Times: A look at U.S. et al v. Google, the federal government’s first monopoly trial of the modern internet era, set to last 10 weeks; top execs are likely to testify  —  The 10-week trial, set to begin Tuesday, amps up efforts to rein in Big Tech by targeting the core search business that turned Google into a $1.7 trillion behemoth. Lees verder op Tech Meme