Bloomberg: A look at Abu Dhabi-based AI startup G42, as sources say US intelligence officials fixated on CEO Xiao Peng ahead of its China divestment and Microsoft deal — Abu Dhabi-based G42 found it could no longer play for both teams. — G42, a startup in Abu Dhabi, has made itself … Lees verder op Tech Meme
Sean O’Kane / TechCrunch: The NHTSA closes a 2021 investigation into Tesla’s Autopilot and opens a new one to evaluate whether a December 2023 Autopilot recall fix is effective enough — The National Highway Traffic Safety Administration closed a long-standing investigation into Tesla’s Autopilot driver assistance system … Lees verder op Tech Meme
Clothilde Goujard / Politico: The EU Commission says Shein will have to comply with DSA rules for content handling, starting August 2024, as the retailer has more than 45M users in the EU — BRUSSELS — Chinese-founded fashion app Shein will face stringent rules on how it handles content on its platform starting in late August, the European Commission said Friday. Lees verder op Tech Meme
Dustin Volz / Wall Street Journal: Sam Altman, Satya Nadella, Sundar Pichai, Jensen Huang, and others join a panel to advise US DHS on deploying AI safely within America’s critical infrastructure — Panel will advise Department of Homeland Security on deploying artificial intelligence safely within America’s critical infrastructure Lees verder op Tech Meme
Financial Times: Thoma Bravo agrees to buy UK-based cyber security company Darktrace for $7.75 per share, a 20% premium on its April 25 closing price, valuing the company at $5B — Offer comes less than two years after private equity group held talks about buying cyber security company Lees verder op Tech Meme
Sherry Qin / Wall Street Journal: ByteDance says it has no plans to sell TikTok, responding to a report suggesting that it is considering scenarios for selling a majority stake in US TikTok — The company was responding to a report by The Information that it is considering scenarios for selling a majority stake in TikTok’s U.S. business Lees verder op Tech Meme
Vlad Savov / Bloomberg: TechInsights teardown: Huawei’s Pura 70 uses a 7nm chip, similar to the Mate 60, and a Kirin 9010 processor, a newer version of the Mate 60 Pro’s Kirin 9000s — – The Pura 70 relies on a 7nm chip similar to the Mate 60’s — Washington has stepped up efforts to curb Chinese chipmaking Lees verder op Tech Meme
Financial Times: Sources: the US is urging Japan, South Korea, and the Netherlands to tighten export controls to China, including stopping engineers from servicing Chinese fabs — Washington urges Japan, South Korea and the Netherlands to tighten supply of tools and technology Lees verder op Tech Meme
Camomile Shumba / CoinDesk: New rules that allow UK law enforcement agencies to seize, destroy, or transfer crypto holdings used for crime before making an arrest take effect — Law enforcement agencies will no longer need to wait for an arrest to seize crypto. — New powers that will make it easier … Lees verder op Tech Meme
Ashley Capoot / CNBC: Snap reports Q1 revenue up 21% YoY to $1.19B, vs. $1.12B est., DAUs up 10% YoY to 422M, a net loss of $305M, compared to $329M YoY; SNAP jumps 24%+ after hours — WATCH NOW — Snap stock soars following beat on revenue, earnings and daily active users — Snap reported first-quarter results … Lees verder op Tech Meme