Financial Times: In a March 28 brief, X asked SCOTUS to shield user data from US law enforcement without “probable cause”, in Coinbase user James Harper’s long-running case — Billionaire backs case brought by Coinbase client whose data was surrendered to authorities Lees verder op Tech Meme
Financial Times: In its first post-IPO earnings, Raspberry Pi reports FY 2024 revenue down 2% YoY to $259.5M, pre-tax profit down 57% YoY to $16.3M, and 1.9M Pi 5 units sold — Low-cost computer maker says pandemic-related inventory problems have since been ‘normalised’ — Raspberry Pi’s pre-tax profits fell … Lees verder op Tech Meme
Wall Street Journal: Elon Musk’s X and xAI all-stock merger broke Wall Street’s usual rules, with the same advisers, Morgan Stanley and Sullivan & Cromwell, working on both sides — The tech titan can follow his own rules when he is combining two companies he owns, but the merger is still raising dealmaker eyebrows Lees verder op Tech Meme
Wikimedia: The Wikimedia Foundation says base bandwidth demand for downloading Wikimedia Commons multimedia content is up 50% since January 2024, driven by AI crawlers — Since the beginning of 2024, the demand for the content created by the Wikimedia volunteer community – especially for the 144 million images … Lees verder op Tech Meme
Taylor Soper / GeekWire: Seattle-based Gable, which develops enterprise data coordination tech, raised a $20M Series A led by Crane Venture Partners, taking its total funding to $27M — GeekWire’s startup coverage documents the Pacific Northwest entrepreneurial scene. Sign up for our weekly startup newsletter … Lees verder op Tech Meme
Amy Thomson / Bloomberg: Qualcomm says it is weighing an acquisition offer for Alphawave, which has a ~$1.3B market cap and makes high-speed chip and connectivity tech — The San Diego-based chip firm will have to make a decision about whether to make an offer by April 29 to comply with the UK’s takeover rules, Qualcomm said in a statement on Tuesday. Lees verder op Tech Meme
Sankalp Phartiyal / Bloomberg: Indian investment bank The Rainmaker Group says 36+ Indian tech startups like Flipkart and PhonePe with a combined $100B valuation are set to go public by 2027 — – Investment bank Rainmaker sees India IPOs picking up pace — IPOs in India have lost steam this year as stocks have dropped Lees verder op Tech Meme
Alexander Maxham / Android Headlines: Leaked Google Pixel 10 Pro Fold renders show a design similar to its predecessor; sources: the 10 Pro Fold will feature a TSMC-made Tensor G5 chip and 16GB RAM — Update: We’ve updated this article with the dimensions of the Pixel 10 Pro Fold. … After having released renders of the Google Pixel 10 … Lees verder op Tech Meme
Clive Cookson / Financial Times: Researchers detail a new AI-powered Probability of Fire model, which they say could outperform the conventional danger forecasts used by wildfire trackers — New model takes into account weather forecasts as well as other factors such as levels of flammable vegetation and human activity Lees verder op Tech Meme
Amy Thomson / Bloomberg: Qualcomm says it is weighing an acquisition offer for Alphawave, which has a market cap of ~$1.3B and makes high-speed semiconductor and connectivity technology — The San Diego-based chip firm will have to make a decision about whether to make an offer by April 29 to comply with the UK’s takeover rules … Lees verder op Tech Meme