Tech Meme

Connor Jones / The Register: UN says the ~$40B cyber crime call center industry, tied to East and Southeast Asian crime syndicates, are expanding globally to regions with weak governance  —  What used to be a serious issue mainly in Southeast Asia is now the world’s problem  —  Scam call centers are metastasizing worldwide … Lees verder op Tech Meme

Maxwell Zeff / TechCrunch: Meta’s Oversight Board says Meta’s new speech policies were “announced hastily” in January and asks the company to assess the impact on vulnerable user groups  —  Meta’s Oversight Board, the independent group created to help Meta with content moderation decisions … Lees verder op Tech Meme

Bloomberg: Elon Musk says production of Tesla’s humanoid robot, Optimus, is being affected by China’s recent restrictions on exports of rare earth minerals used in magnets  —  Speaking on the company’s earnings call on Tuesday, Chief Executive Officer Elon Musk said production was impacted by the “magnet issue”. Lees verder op Tech Meme

Bloomberg: A look at Huawei’s smart driving software unit, which became profitable in 2024 after revenue grew over 5x and is powering car systems by BYD, BMW, and others  —  Its SU7 is a hit, forecast to sell 350,000 units this year and even Ford Motor Co. CEO Jim Farley has heaped praise on the model. Lees verder op Tech Meme

Dan Primack / Axios: Bethesda, Maryland-based AuthMind, which offers observability-based identity protection services to enterprises, raised a $19.3M seed led by Cheyenne Ventures  —  AuthMind, a Bethesda, Maryland-based identity protection startup, tells Axios that it’s raised $19.3 million in seed funding led by Cheyenne Ventures. Lees verder op Tech Meme

Shaurya Malwa / CoinDesk: Mantra’s CEO begins burning $80M worth of his OM tokens and plans to burn $80M worth from partners, after a 90% collapse on April 13 erased $5B+ in market value  —  The tokens are part of John Mullin’s team allocation that were staked when the network first started in October 2024.  —  What to know: Lees verder op Tech Meme

Financial Times: Sources: Cantor’s Brandon Lutnick, son of the US commerce secretary, seeks to form a $3B BTC acquisition vehicle with SoftBank, Tether, and Bitfinex as partners  —  Investment vehicle backed by son of commerce secretary comes as US adopts more favourable policy on digital currency Lees verder op Tech Meme

Bloomberg: Source: Intel is set to announce plans this week to cut 20%+ of its staff, its first major restructuring under Lip-Bu Tan; it had 108,900 workers in Dec. 2024  —  Intel Corp. is poised to announce plans this week to cut more than 20% of its staff, aiming to eliminate bureaucracy at the struggling chipmaker … Lees verder op Tech Meme

Ronan Shields / Digiday: Google says it will continue offering users the choice of third-party cookies in Chrome and will not roll out a new standalone prompt for them  —  In a shocking development, Google won’t roll out a new standalone prompt for third-party cookies in Chrome, meaning ad tech companies can still use … Lees verder op Tech Meme

Aisha Malik / TechCrunch: Superpower, which uses AI for personalized health overviews and offers biannual lab testing that analyzes 100+ blood biomarkers, launches with a $30M Series A  —  A startup called Superpower is publicly launching what it calls the world’s first super app that is designed to help people better understand and take care of their health. Lees verder op Tech Meme