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

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

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

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

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

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

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

Hannah Ritchie / Sustainability: A look at the impact of ChatGPT use on energy consumption, as analysis suggests AI usage is still a rounding error on a person’s total electricity footprint  —  Very small compared to most of the other stuff you do.  —  A couple of months ago I wrote an article looking at the energy use of artificial intelligence. Lees verder op Tech Meme