Tech Meme

Wall Street Journal: Sources: Lyft founders’ departures followed months of staff concerns as the company’s market value fell 85% to under $3.5B in two years, while Uber fared better  —  New CEO says he aims to boost employee morale and overhaul customer and driver experience  —  Tech Live: Lyft Co-Founder on Stock-Price Tumble, Autonomous Cars Lees verder op Tech Meme

Daniel Wiessner / Reuters: NLRB says Activision Blizzard broke US labor law by illegally surveilling staff during a walkout and threatening to close some Slack channels amid a union drive  —  Activision Blizzard Inc (ATVI.O) violated U.S. labor law by illegally surveilling employees during a walkout and threatening … Lees verder op Tech Meme

Juro Osawa / The Information: Sources: ByteDance had revenues of $80B+ in 2022, up 30% YoY, after growing 70% between 2020 and 2021; TikTok represented ~12% of total ByteDance revenue  —  ByteDance, the Chinese owner of TikTok, generated more than $80 billion in annual revenue last year, up more than 30% from roughly $60 billion in 2021 … Lees verder op Tech Meme

Wall Street Journal: How GameStop chairman Ryan Cohen abandoned the company’s e-commerce push to refocus on its ~4.4K stores, leading to GameStop’s first profit in two years  —  Videogame retailer, the original meme stock, hits brakes on e-commerce push to refocus on its 4,400 bricks-and-mortar locations Lees verder op Tech Meme

Leo Schwartz / Fortune: Binance plans to keep the $985M+ BUSD it moved from its industry recovery fund, launched in November 2022 amid FTX’s collapse, in its corporate wallets  —  Founder and CEO of Binance Changpeng Zhao, commonly known as “CZ”  —  In the wake of FTX’s collapse in November, the newly crowned kingpin of crypto … Lees verder op Tech Meme

Chloe Xiang / VICE: A Belgian widow claims her husband died by suicide after using an AI chatbot, which presented itself as an emotional being, for six weeks on an app called Chai  —  The incident raises concerns about guardrails around quickly-proliferating conversational AI models.  —  Chloe Xiang Lees verder op Tech Meme

Oliver Knight / CoinDesk: Filing: the US government sold ~$216M of seized Silk Road BTC in March, part of the 50K BTC stolen by James Zhong, and plans to sell 41,490 BTC in four tranches  —  The government will sell the remaining 41,490 BTC in four tranches this year.  —  The U.S. government sold 9,861.17 bitcoin … Lees verder op Tech Meme

Matt Binder / Mashable: Twitter code behind For You tracked authors as either “republican”, “democrat”, “power user”, or “elon” to keep algo tweaks from harming any one group  —  Musk said he had no idea it was doing that!  —  Twitter has just released … Lees verder op Tech Meme

Mimi Billing / Sifted: Copenhagen-based Agreena, whose AI monitors satellite images to let farmers earn carbon credits, raised a €46M Series B led by HV, after a €20M Series A in 2022  —  The startup helps European farmers reduce carbon emissions and trade in carbon credits Lees verder op Tech Meme

Mimi Billing / Sifted: Copenhagen-based Agreena, whose AI monitors satellite images to let farmers earn carbon credits, raised a €46M Series B led by HV, after a €20M Series A in 2022  —  The startup helps European farmers reduce carbon emissions and trade in carbon credits Lees verder op Tech Meme