Tech Meme

Bloomberg: Trump signs an executive action to form a sovereign wealth fund; Commerce secretary nominee Howard Lutnick says it may be used to facilitate a sale of TikTok US  —  – Fund could be used as US facilitates TikTok sale, Lutnick says  — Bessent says fund will be created in the next 12 months Lees verder op Tech Meme

Sarah Perez / TechCrunch: The first ever native iPhone porn app, Hot Tub, arrives in the EU via the approved alternative app store AltStore PAL, which was made possible by the DMA  —  A native pornography app for iOS is coming to the EU via the approved alternative app store AltStore PAL, made possible by Europe’s Digital Markets Act (DMA). Lees verder op Tech Meme

Rochelle Raveendran / CBC News: In the wake of US tariffs on Canadian goods, the premiere of Ontario Doug Ford says he’s “ripping up” the province’s $100M Starlink contract  —  Musk part of President Donald Trump’s team that wants to destroy families, Ford says  —  Progressive Conservative Leader Doug Ford is … Lees verder op Tech Meme

Ethan Mollick / One Useful Thing: OpenAI’s Deep Research hands-on: very good at nuanced, complex research, and the first narrow agent to do sophisticated and likely economically valuable work  —  The first narrow agents are here  —  A hint to the future arrived quietly over the weekend.  For a long time … Lees verder op Tech Meme

Hayden Field / CNBC: SoftBank commits $3B annually for itself and its subsidiaries to use OpenAI’s tech, and launches SB OpenAI Japan to market OpenAI’s enterprise tech in Japan  —  SoftBank has committed to spending $3 billion per year for itself and its subsidiaries to use OpenAI’s tech, according to a joint announcement on Monday. Lees verder op Tech Meme

Jagmeet Singh / TechCrunch: India expands Aadhaar, a digital identity verification framework linked to 1.4B+ people’s biometrics, to let businesses authenticate customers via the service  —  India has eased restrictions on its Aadhaar authentication service, a digital identity verification framework linked to the biometrics … Lees verder op Tech Meme

Washington Post: Analysis of FEC filings: Elon Musk spent $288M+ to help elect Trump and other Republicans, the 2024 US election’s biggest donor; Musk’s America PAC raised $263M  —  Billionaire Elon Musk spent at least $288 million to help elect President Donald Trump and other Republican candidates … Lees verder op Tech Meme

Bloomberg: The Seoul High Court upholds an earlier decision clearing Samsung Executive Chairman Jay Y. Lee of fraud and stock-rigging, marking a major victory for Samsung  —  – Seoul court upholds Jay Y. Lee’s earlier victory on appeal  — The Samsung scion can now focus on turning around the firm Lees verder op Tech Meme

Bloomberg: AI adoption has outpaced PCs and the internet, but evidence of its boost to productivity is thin on the ground; a 2024 study shows 40% of US adults have used AI  —  For all the excitement, evidence of a boost to productivity is still thin on the ground  —  For investors in artificial intelligence … Lees verder op Tech Meme

Bloomberg: Sources: the European Commission and four member nations plan a probe into Shein over illegal products, opening the fast fashion marketplace to potential fines  —  The Chinese-founded massive online marketplace Shein faces potential fines with the European Union imminently set to open a probe … Lees verder op Tech Meme