Tech Meme

Dana Mattioli / Wall Street Journal: Sources: Amazon cuts dozens of in-house brands in clothing, furniture, and more to fend off regulators and grow profits; Amazon says Basics will remain a focus  —  Company’s cuts include all but three of its 30 clothing labels, such as Goodthreads and Lark & Ro Lees verder op Tech Meme

Brian Heater / TechCrunch: Skydio shuts down its consumer drone business as it expands enterprise offerings; the company announced a $230M Series E at a $2.2B valuation in February 2023  —  Skydio today announced that it will be shutting down its consumer drone business.  —  Beginning today, the firm will no longer … Lees verder op Tech Meme

Jing Yang / The Information: Sources: ByteDance’s revenue in China grew 25% YoY in 2022 to $69B, vs. 68% in 2021; overseas revenue grew from $6.5B in 2021 to $16B in 2022, thanks to TikTok  —  ByteDance might be best known globally as the parent company of TikTok, but the bulk of its money comes from its home base of China, thanks to its Chinese video app Douyin. Lees verder op Tech Meme

Reuters: Sources: the Kremlin’s fear of a serious tech brain drain is the main factor stopping a nationalization of Nasdaq-listed Yandex, which has over 20K employees  —  The Kremlin’s fear of a serious tech brain drain is the main factor preventing Moscow from nationalising Nasdaq-listed Yandex … Lees verder op Tech Meme

Wayne Ma / The Information: Sources: Meta plans to build only ~1,000 units of its first-gen AR glasses, due in 2024, using silicon carbide in the lenses, which require assembly in the US  —  Meta Platforms plans to build only around a thousand units of the first generation of its augmented-reality glasses due out next year … Lees verder op Tech Meme

Sarah Fielding / Engadget: To fight spam, YouTube plans to deactivate links in Shorts descriptions, comments, and the vertical feed from August 31 and make social media icons unclickable  —  The move follows other anti-spam measures.  —  YouTube knows that it has a spam problem, particularly when it comes to its two-year-old Shorts feature. Lees verder op Tech Meme

Emma Roth / The Verge: CISA releases a report detailing Lapsus$’s key techniques, calls for passwordless logins, and asks the FTC and the FCC for stricter SIM swapping protections  —  The US Cybersecurity and Infrastructure Security Agency (CISA) is calling for stricter SIM swapping protections and the transition … Lees verder op Tech Meme

Sarah Perez / TechCrunch: OpenAI expands “custom instructions”, the user’s details that ChatGPT should remember, to all users, after launching the ChatGPT Plus beta feature in July 2023  —  OpenAI announced that it’s expanding custom instructions — a way to give users more control over how ChatGPT responds … Lees verder op Tech Meme

Kirsten Korosec / TechCrunch: Filing: autonomous sidewalk delivery company Serve Robotics, which was spun out from Uber-owned Postmates and raised $56M, plans to go public via a SPAC merger  —  Serve Robotics, the autonomous sidewalk delivery robot startup that spun out of Uber’s acquisition of Postmates … Lees verder op Tech Meme

Allison Johnson / The Verge: Samsung Galaxy Z Fold 5 review: powerful multitasking, a hinge that folds flat, and good software support, but expensive, heavy, chunky, and unknown durability  —  Samsung’s head start in foldables is paying off, but it’ll have to do more next time around to stay in front. Lees verder op Tech Meme