Kif Leswing / CNBC: Alphabet’s board authorizes a $70B buyback of the company’s Class A and Class C shares, the same amount the board authorized for repurchase in April 2022  —  – Google parent company Alphabet said on Tuesday that its board of directors authorized $70 billion in share repurchases. Lees verder op Tech Meme

Miles Kruppa / Wall Street Journal: Alphabet reports Q1 Google ad revenue of $54.55B, vs. $54.66B YoY, the second straight decline after a 3.6% drop in Q4 2022, and the third since going public  —  Search giant tries to jump-start growth amid volatile digital ad market and competition in AI  —  Google reported a second straight drop … Lees verder op Tech Meme

Reuters: Inside Meta’s scramble to catch up on AI: slow to adopt pricey AI-optimized systems, scrapping a custom AI chip for a more ambitious model in 2025, and more  —  As the summer of 2022 came to a close, Meta CEO Mark Zuckerberg gathered his top lieutenants for a five-hour dissection … Lees verder op Tech Meme

Filipe Espósito / 9to5Mac: In the latest macOS Ventura beta, Apple removes the Virtual Scanner II app including Satoshi Nakamoto’s Bitcoin whitepaper that shipped with macOS Mojave and up  —  A few weeks ago, users discovered that every copy of macOS has the original Bitcoin whitepaper hidden in its internal files. Lees verder op Tech Meme

Yueqi Yang / Bloomberg: Voyager Digital says Binance.US terminated an agreement to acquire the bankrupt crypto broker for $1B, less than a week after the US abandoned stopping the deal  —  Voyager Digital Ltd said Binance.US had terminated an agreement to purchase the bankrupt crypto broker. Lees verder op Tech Meme

Cat Zakrzewski / Washington Post: US agency officials, including the FTC’s Lina Kahn and the EEOC’s Charlotte Burrows, commit to enforcing civil rights laws against AI systems perpetuating bias  —  Officials from multiple federal agencies say they committed to enforce existing civil rights laws against AI systems that perpetuate bias Lees verder op Tech Meme