Tech Meme

Ingrid Lunden / TechCrunch: Toronto-based programmatic ad startup StackAdapt raised $235M led by Teachers’ Venture Growth, after raising $300M from Summit Partners in 2022  —  While the U.S. and Canada duke it out over tariffs between the two countries, a tech company based out of Toronto is announcing a major round of funding led by a homegrown VC. Lees verder op Tech Meme

Financial Times: Sources: China is looking at launching a formal probe into Intel; a source says whether such a probe is officially launched could depend on US-China relations  —  Beijing seeks leverage against US president by reviving investigations into tech giants  —  China has revived antitrust investigations … Lees verder op Tech Meme

Anne Steele / Wall Street Journal: Spotify reports Q4 revenue up 16% YoY to €4.2B, MAUs up 12% YoY to 675M, subscribers up 11% YoY to 263M, and €1.14B in 2024 net income, vs. a €532M loss in 2023  —  Price increases, cost discipline help audio-streaming giant pivot from heavy spending on growth to sustained profits Lees verder op Tech Meme

Elizabeth Lopatto / The Verge: Elon Musk’s goal seems to amount to a coup over the US administrative state; Musk said he “deleted” the 18F Direct File tax group, but that may not be true  —  Elon Musk has an uncanny ability to sort out which of America’s rules are real. Lees verder op Tech Meme

Mark Keierleber / Wired: An investigation into 300+ cyberattacks against US K-12 schools since 2020 shows how schools can withhold crucial details from affected students and parents  —  An investigation into more than 300 cyberattacks against US K-12 schools over the past five years shows how schools … Lees verder op Tech Meme

Anne Steele / Wall Street Journal: Spotify reports Q4 revenue up 16% YoY to €4.2B, MAUs up 12% YoY to 675M, subscribers up 11% YoY to 263M, and €1.14B in 2024 net income, vs. a €532M loss in 2023  —  Price increases, cost discipline help audio-streaming giant pivot from heavy spending on growth to sustained profits Lees verder op Tech Meme

Paige Smith / Bloomberg: PayPal reports Q4 revenue up 4% YoY to $8.4B, adjusted net income down 1.9% YoY to $1.21B, above est., payment volume up 7% to $437.8B, and plans a $15B buyback  —  Adjusted net income slipped 1.9% to $1.21 billion, or $1.19 per share, in the fourth quarter, beating the $1.13-a-share average estimate of analysts. Lees verder op Tech Meme

Rebecca Bellan / TechCrunch: Self-driving truck startup Waabi partners with Volvo to develop and deploy autonomous trucks, starting with pilots in Texas and a launch in late 2025 or 2026  —  Self-driving truck startup Waabi is partnering with Volvo Autonomous Solutions to jointly develop and deploy autonomous trucks … Lees verder op Tech Meme

Anne Steele / Wall Street Journal: Spotify reports Q4 revenue up 16% YoY to €4.2B, MAUs up 12% YoY to 675M, subscribers up 11% YoY to 263M, and €1.14B in 2024 net income, vs. a €532M loss in 2023  —  Price increases, cost discipline help audio-streaming giant pivot from heavy spending on growth to sustained profits Lees verder op Tech Meme

Elizabeth Lopatto / The Verge: Elon Musk’s goal seems to amount to a coup over the US administrative state; Musk said he “deleted” the Direct File tax department, but that may not be true  —  Elon Musk has an uncanny ability to sort out which of America’s rules are real. Lees verder op Tech Meme