Tech Meme

Lindsey Choo / Wall Street Journal: Sensor Tower: Threads’ DAUs declined to 13M, down 70% from the July 7 peak; Similarweb: average time spend on Threads’ app declined to four mins, down from 19  —  Data show user engagement has fallen 70% as executives focus on options such as a chronological feed Lees verder op Tech Meme

Steve Dent / Engadget: Telegram launches Stories for its Premium users, letting users control who can see their stories and how long they last before disappearing  —  You can display them forever or make them disappear at various times up to 48 hours.  —  Telegram’s new Stories feature is here as promised … Lees verder op Tech Meme

Manish Singh / TechCrunch: Tiger Global, Peak XV, and other investors ask India to reconsider its new 28% tax on online gaming as it will lead to a write-off of $2.5B and loss of 1M jobs  —  Tiger Global, DST Global, Peak XV, Steadview Capital, and Kotak Private Equity are among global and Indian investors … Lees verder op Tech Meme

Katie Tarasov / CNBC: A look at Samsung’s and Texas Instruments’ chip fabs in Texas, as the state becomes a US chipmaking hub with six projects totaling $61B and creating 8K+ jobs  —  WATCH NOW  —  How Texas became the center of U.S. chipmaking  —  On a 1,200-acre plot of land in a small town 30 miles north of Austin … Lees verder op Tech Meme

Jay Peters / The Verge: Reddit removes the moderators of r/malefashionadvice, one of the biggest subreddits to close protesting Reddit’s API changes, and takes charge of the subreddit  —  Reddit is now in charge of r/malefashionadvice, which for a time was the biggest subreddit still closed in protest of the platform’s API pricing changes. Lees verder op Tech Meme

Makena Kelly / The Verge: OpenAI, Meta, Google, Microsoft, and others make voluntary AI governance pledges to the White House, including cybersecurity investment and watermarking systems  —  The White House is bringing in AI’s top seven companies Friday to make a series of voluntary promises to protect users. Lees verder op Tech Meme

Jordan Robertson / Bloomberg: A study based on open-source data estimates that 30K+ workers at European tech companies have moved to China in the past 20 years; China rejects the findings  —  More than 30,000 workers at European technology companies have moved to China in the last 20 years, bringing critical industry know-how back home. Lees verder op Tech Meme

Charmaine Jacob / CNBC: Canalys: smartphone shipments in India stabilized in Q2 2023 after three quarters of decline, with 36.1M units, down 1% YoY; Samsung led with an 18% share  —  – India’s smartphone market stabilized in the second quarter with 36.1 million units shipped, according to a report by Canalys. Lees verder op Tech Meme

Ash Parrish / The Verge: Overwatch League’s future remains uncertain as Activision Blizzard lays off ~50 esports employees and asks teams to vote on an updated operating agreement  —  Amid layoffs in the Activision Blizzard esports department, Overwatch League franchise owners will vote on whether to continue the league in its current format. Lees verder op Tech Meme

Dylan Tokar / Wall Street Journal: The US DOJ merges its crypto enforcement team that debuted in 2021 into the agency investigating computer-related crimes, giving crypto crimes the same status  —  The National Cryptocurrency Enforcement Team will become a permanent fixture of a section of the agency that investigates computer-related crimes. Lees verder op Tech Meme