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Seattle-based online retailer Zulily, which had a ~$7B market cap in 2014, winds down; in a December 11 lawsuit, Zulily accused Amazon of stifling its business (Lauren Rosenblatt/The Seattle Times) 28-12-2023

Lauren Rosenblatt / The Seattle Times: Seattle-based online retailer Zulily, which had a ~$7B market cap in 2014, winds down; in a December 11 lawsuit, Zulily accused Amazon of stifling its business  —  Once an e-commerce star, online retailer Zulily will liquidate its inventory to pay its creditors as it winds down. Lees verder op Tech Meme

GM claims in a lawsuit that San Francisco used Cruise's presence to tie its tax bill to a portion of GM's global revenue, unfairly taxing $108M over seven years (Malathi Nayak/Bloomberg) 28-12-2023

Malathi Nayak / Bloomberg: GM claims in a lawsuit that San Francisco used Cruise’s presence to tie its tax bill to a portion of GM’s global revenue, unfairly taxing $108M over seven years  —  – Company says city unfairly based tax calculations on Cruise  — GM, Cruise operate as separate entities, automaker claims Lees verder op Tech Meme

Baidu CTO Wang Haifeng says the company's ChatGPT-like Ernie Bot now has 100M+ users, after launching the chatbot to the public in August 2023 (Reuters) 28-12-2023

Reuters: Baidu CTO Wang Haifeng says the company’s ChatGPT-like Ernie Bot now has 100M+ users, after launching the chatbot to the public in August 2023  —  Baidu’s (9888.HK) ChatGPT-like Ernie Bot has garnered more than 100 million users, chief technology officer of the Chinese internet company Wang Haifeng said on Thursday. Lees verder op Tech Meme

Filing: Apple supplier Luxshare plans to acquire a 62.5% stake in Pegatron's Kunshan unit in China for ~$300M, as Luxshare seeks to better compete with Foxconn (Debby Wu/Bloomberg) 28-12-2023

Debby Wu / Bloomberg: Filing: Apple supplier Luxshare plans to acquire a 62.5% stake in Pegatron’s Kunshan unit in China for ~$300M, as Luxshare seeks to better compete with Foxconn  —  – Pegatron to sell majority stake of Kunshan campus to Luxshare  — Apple’s fostering Chinese suppliers to boost ties with Beijing Lees verder op Tech Meme

Affirm's stock grew 430% in 2023, outperforming all $5B+ US tech companies and rebounding from its 90% fall in 2022, due to partnerships with Amazon and others (Annie Palmer/CNBC) 28-12-2023

Annie Palmer / CNBC: Affirm’s stock grew 430% in 2023, outperforming all $5B+ US tech companies and rebounding from its 90% fall in 2022, due to partnerships with Amazon and others  —  – Affirm shares have skyrocketed more than 400% this year, outperforming all U.S. tech companies worth $5 billion or more. Lees verder op Tech Meme

A look at Apple's renewed interest in gaming on the Mac, powered by Apple silicon, and an interview with Apple executives about Dynamic Caching and more (Raymond Wong/Inverse) 28-12-2023

Raymond Wong / Inverse: A look at Apple’s renewed interest in gaming on the Mac, powered by Apple silicon, and an interview with Apple executives about Dynamic Caching and more  —  On July 21, 1999, Steve Jobs stood on stage in front of a packed Macworld Expo New York audience and announced a video game … Lees verder op Tech Meme