Tech Meme

Bloomberg: Filing: SMIC-backed Semiconductor Manufacturing Electronics Shaoxing plans to raise $1.4B in an IPO on Shanghai’s STAR Market as Beijing battles US curbs  —  A chip foundry backed by China’s top semiconductor firm is set to raise $1.4 billion in Asia’s biggest initial public offering so far this year … Lees verder op Tech Meme

Anne Steele / Wall Street Journal: Spotify reports Q1 revenue up 14% YoY to €3B, ad revenue up 17% YoY to €329M, MAUs up 22% YoY to 515M, Premium Subscribers up 15% YoY to 210M, and a €225M loss  —  Audiostreaming giant posted lower-than-expected revenue gains as ad spending cooled Lees verder op Tech Meme

André Beganski / Decrypt: Coinbase asks a US federal court to force the SEC to respond to a petition Coinbase filed in July 2022, demanding clearer crypto regulations  —  The cryptocurrency exchange filed the petition along with a long list of questions last July. … Coinbase Chief Legal Officer Paul Grewal wrote … Lees verder op Tech Meme

Matt Binder / Mashable: Elon Musk posts a screenshot showing 24.7K Twitter subscribers, or ~0.018% of his 136M+ followers, paying for tweets, Spaces, and more, earning him ~$100K/month  —  Musk is making around $100,000 from Twitter users subscribing to his paywalled content.  —  After this weekend’s Twitter Blue drama … Lees verder op Tech Meme

Dan Milmo / The Guardian: The UK announces legislation to tackle the “excessive dominance” of Big Tech by empowering the CMA’s Digital Markets Unit, expected to become law in 2024  —  Global companies like Google, Apple and Amazon could have to pay penalties of up to 10% of their global turnover as government gives competition watchdog more power Lees verder op Tech Meme

Anne Steele / Wall Street Journal: Spotify reports Q1 revenue up 14% YoY to €3B, ad revenue up 17% YoY to €329M, MAUs up 22% YoY to 515M, Premium Subscribers up 15% YoY to 210M, and a €225M loss  —  Audiostreaming giant posted lower-than-expected revenue gains as ad spending cooled Lees verder op Tech Meme

André Beganski / Decrypt: Coinbase asks a US federal court to force the SEC to respond to a petition Coinbase filed in July 2022, demanding clearer crypto regulations  —  The cryptocurrency exchange filed the petition along with a long list of questions last July. … Coinbase Chief Legal Officer Paul Grewal wrote … Lees verder op Tech Meme

Jordan Pearson / VICE: Elon Musk seems to have revealed a burner Twitter account, @ErmnMusk, created in November 2022 and featuring bizarre tweets like “Do you like Japanese girls?”  —  Musk tweeted a screenshot on Monday evening which appeared to show him signed into a second account. Lees verder op Tech Meme

Anne Steele / Wall Street Journal: Spotify reports Q1 revenue up 14% YoY to €3B, ad revenue up 17% YoY to €329M, MAUs up 22% YoY to 515M, Premium Subscribers up 15% YoY to 210M, and a €225M loss  —  Audiostreaming giant posted lower-than-expected revenue gains as ad spending cooled Lees verder op Tech Meme

Matt O’brien / Associated Press: Q&A with OpenAI CTO Mira Murati on the path from GPT-4 to AGI, safety measures, the regulation of LLMs, development of GPT-5, the response to ChatGPT, and more  —  OpenAI was building a reputation in the artificial intelligence field but wasn’t a household name when Mira Murati joined the nonprofit research lab in 2018. Lees verder op Tech Meme