Tech Meme

Madhumita Murgia / Financial Times: Researchers warn of “industrial capture” in AI as companies entrench their power; companies’ share of the biggest AI models grew from 11% in 2010 to 96% in 2021  —  A handful of individuals and corporations now control much of the resources and knowledge in the sector Lees verder op Tech Meme

Kate Park / TechCrunch: South Korea-based luxury goods resale marketplace Kream raised a ~$168M Series C led by Altos Ventures at a ~$742M valuation, up from ~$306M in October 2021  —  The startup funding environment is more challenging right now, but some companies and industries still draw investors’ attention and money. Lees verder op Tech Meme

Patrick Temple-West / Financial Times: Intel, IBM, Nvidia, and other chip companies join industrial materials businesses in lobbying against proposed clampdowns on “forever chemicals” across the US  —  Intel helped form lobbying group that has opposed state legislation on PFAS  —  Intel and other semiconductor companies … Lees verder op Tech Meme

Lauren Feiner / CNBC: TikTok CEO Shou Zi Chew tells Congress that “after Project Texas is done” no China-based ByteDance employee will have access to US TikTok data  —  – TikTok CEO Shou Zi Chew told U.S. lawmakers that China-based employees at its parent company ByteDance may still have access to some U.S. data from the app. Lees verder op Tech Meme

Ivan Mehta / TechCrunch: Snap unveils AR Enterprise Services, offering its AR Lenses and Filters to businesses, and says 250M+ people out of 375M DAUs engage with AR on Snapchat daily  —  Snap users are already quite familiar with the company’s expertise in AR thanks to Lenses and Filters. Lees verder op Tech Meme

Cat Zakrzewski / Washington Post: A live blog of TikTok CEO Shou Zi Chew’s testimony before Congress, as he attempts to address national security concerns over ByteDance’s ownership of the app  —  TikTok CEO Shou Zi Chew will attempt to address lawmakers’ worries that the extraordinarily popular video app represents a dangerous national security threat. Lees verder op Tech Meme

Ivan Mehta / TechCrunch: Snap unveils AR Enterprise Services, offering its AR Lenses and Filters to businesses, and says over 250M people engage with AR on Snapchat every day  —  Snap users are already quite familiar with the company’s expertise in AR thanks to Lenses and Filters.  Now, the social media company … Lees verder op Tech Meme

Ryan McMorrow / Financial Times: China “firmly opposes” a forced sale of TikTok, warning the move would involve “technology export” and would “seriously damage” investor confidence in the US  —  Intervention by commerce ministry comes ahead of social media app chief’s appearance at US Congress Lees verder op Tech Meme

CoinDesk: Montenegro’s Interior Minister says police detained a person suspected to be Terraform Labs co-founder Do Kwon at Podgorica’s airport with falsified documents  —  The announcement was made by the minister of interior Filip Adzic.  —  Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28. Lees verder op Tech Meme

Tom Warren / The Verge: YouTube channel Linus Tech Tips was hacked on Thursday and started posting videos for crypto scams, the latest in a series of crypto scam breaches on YouTube  —  Popular YouTube channel Linus Tech Tips has been hacked this morning, with the channel’s 15.3 million subscribers seeing videos … Lees verder op Tech Meme