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Leaked audio and memos: Uber CEO Dara Khosrowshahi defended increasing the RTO to three days per week at a heated all-hands meeting, saying “it is what it is” (Jennifer Elias/CNBC) 07-05-2025

Jennifer Elias / CNBC: Leaked audio and memos: Uber CEO Dara Khosrowshahi defended increasing the RTO to three days per week at a heated all-hands meeting, saying “it is what it is”  —  Uber CEO Dara Khosrowshahi last week told employees “it is what it is” at a heated all-hands meeting after the company announced … Lees verder op Tech Meme

US credit and debit card data: Shein's US sales dropped 23% during the week of April 25 to May 1 compared to the prior seven days, while Temu's sales fell 17% (Bloomberg) 07-05-2025

Bloomberg: US credit and debit card data: Shein’s US sales dropped 23% during the week of April 25 to May 1 compared to the prior seven days, while Temu’s sales fell 17%  —  Shein posted a 23% drop in observed US sales during the week of April 25 to May 1, compared to the prior seven days … Lees verder op Tech Meme

A look at the hype and reality surrounding AI agents, currently used primarily by companies to boost efficiency and cut costs, rather than drive top-line growth (Lucy Colback/Financial Times) 07-05-2025

Lucy Colback / Financial Times: A look at the hype and reality surrounding AI agents, currently used primarily by companies to boost efficiency and cut costs, rather than drive top-line growth  —  An in-depth look at the hype and reality around “agentic AI” — the use of AI agents that perform tasks autonomously. Lees verder op Tech Meme

Sources: Periodic Labs, which is building a “ChatGPT for material science”, is seeking to raise hundreds of millions of dollars at a $1B+ valuation (Natasha Mascarenhas/The Information) 07-05-2025

Natasha Mascarenhas / The Information: Sources: Periodic Labs, which is building a “ChatGPT for material science”, is seeking to raise hundreds of millions of dollars at a $1B+ valuation  —  Periodic Labs, a startup founded by Liam Fedus, a former vice president of post-training research at OpenAI … Lees verder op Tech Meme

New Hampshire becomes the first US state to pass a Strategic Bitcoin Reserve bill, permitting public fund investment in bitcoin, either directly or via an ETF (Daniel Kuhn/The Block) 07-05-2025

Daniel Kuhn / The Block: New Hampshire becomes the first US state to pass a Strategic Bitcoin Reserve bill, permitting public fund investment in bitcoin, either directly or via an ETF  —  – New Hampshire has become the first state to pass a “Strategic Bitcoin Reserve” bill, according to Satoshi Action Fund founder Dennis Porter. Lees verder op Tech Meme

DoorDash's planned Deliveroo acquisition renews questions about the UK's ability to attract and retain large tech listings in the face of New York's dominance (Financial Times) 07-05-2025

Financial Times: DoorDash’s planned Deliveroo acquisition renews questions about the UK’s ability to attract and retain large tech listings in the face of New York’s dominance  —  £2.9bn takeover brings end to app’s UK listing after ‘worst ever’ initial public offering Lees verder op Tech Meme

The AI arms race between employers and jobseekers isn't going well for anyone, as applicants turn to GenAI to speed up a process that already feels dehumanized (Sarah O'Connor/Financial Times) 07-05-2025

Sarah O’Connor / Financial Times: The AI arms race between employers and jobseekers isn’t going well for anyone, as applicants turn to GenAI to speed up a process that already feels dehumanized  —  Companies were using automated screening earlier, but applicants’ adoption of the tools is now causing problems Lees verder op Tech Meme