Tech Meme

Wayne Ma / The Information: Sources detail how organizational dysfunction and a lack of ambition bogged down Apple’s AI and ML efforts, including the work of the group responsible for Siri  —  Late last year, a trio of engineers who had just helped Apple modernize its search technology began working on the type … Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: Dropbox CEO says the company plans to lay off 16% of staff, or ~500 employees, citing slowing growth and because “the AI era of computing has finally arrived”  —  Cloud storage giant Dropbox today joined the fray of tech companies announcing layoffs. Lees verder op Tech Meme

Reuters: Stock exchange operator Deutsche Boerse offers to buy Danish investment management software company SimCorp for €3.9B in cash; SimCorp had €561M in 2022 revenue  —  Stock exchange operator Deutsche Boerse (DB1Gn.DE) on Thursday announced a 3.9 billion euro ($4.31 billion) … Lees verder op Tech Meme

Kwaku Gyasi / Bloomberg: NY-based Pinecone Systems, which offers vector data storage for LLMs, raised a $100M Series B led by a16z at a $750M valuation, up from $168M in February 2022  —  Pinecone Systems Inc., a startup whose platform supports artificial intelligence software, has raised $100 million in a funding round that values the company at $750 million. Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: London-based TympaHealth, which makes hardware built around smartphones to run hearing tests, raised a $23M Series A led by Octopus Ventures  —  The basic principle of Moore’s law — computing becoming more powerful yet more compact — is playing out in a number of fields … Lees verder op Tech Meme

Reuters: Stock exchange operator Deutsche Boerse offers to buy Danish investment management software company SimCorp for €3.9B in cash; SimCorp had €561M in 2022 revenue  —  Stock exchange operator Deutsche Boerse (DB1Gn.DE) on Thursday announced a 3.9 billion euro ($4.31 billion) … Lees verder op Tech Meme

IDC: Global smartphone shipments fell 14.6% YoY to 268.6M in Q1 2023, the seventh consecutive quarter of decline; Samsung fell 18.9%, Apple 2.3%, and Xiaomi 23.5%  —  NEEDHAM, Mass., April 27th, 2023 – Worldwide smartphone shipments declined 14.6% year over year to 268.6 million units in the first quarter of 2023 … Lees verder op Tech Meme

Reuters: Stock exchange operator Deutsche Boerse offers to buy Danish investment management software company SimCorp for €3.9B in cash; SimCorp had €561M in 2022 revenue  —  Stock exchange operator Deutsche Boerse (DB1Gn.DE) on Thursday announced a 3.9 billion euro ($4.31 billion) … Lees verder op Tech Meme

The Guardian: Interviews with 70+ sources describe how Facebook and Instagram have become major sales platforms for child trafficking and can often be slow to remove content  —  Our two-year investigation suggests that the tech giant Meta is struggling to prevent criminals from using its platforms to buy and sell children for sex Lees verder op Tech Meme

Bloomberg: Sources: Germany is in talks to limit the export of chemicals used to make advanced chips to China, seeking to join US and EU allies in closing ranks on China  —  Germany is in talks to limit the export of chemicals to China that are used to manufacture semiconductors as Berlin steps up efforts … Lees verder op Tech Meme