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Tech Meme

Quant trading firm XTX, managing $250B+ in daily trades, plans to invest €1B+ on five data centers in Finland to support its growing use of machine learning (Bloomberg) 22-01-2025

Bloomberg: Quant trading firm XTX, managing $250B+ in daily trades, plans to invest €1B+ on five data centers in Finland to support its growing use of machine learning  —  – Billionaire’s quant firm plans five data centers in Finland  — The move bucks trend of relying on third-party infrastructure Lees verder op Tech Meme

Some crypto executives fear investor backlash over $TRUMP and $MELANIA memecoins; CoinMarketCap reports most $TRUMP trading is concentrated on Asian exchanges (Financial Times) 22-01-2025

Financial Times: Some crypto executives fear investor backlash over $TRUMP and $MELANIA memecoins; CoinMarketCap reports most $TRUMP trading is concentrated on Asian exchanges  —  Industry trying to rebuild its reputation frets over potential conflicts of interest and investor losses Lees verder op Tech Meme

Truecaller rolls out real-time caller ID to its ~750K iOS subscribers, who account for 40% of its revenue; Truecaller has 2.6M+ paying subscribers in total (TechCrunch) 22-01-2025

TechCrunch: Truecaller rolls out real-time caller ID to its ~750K iOS subscribers, who account for 40% of its revenue; Truecaller has 2.6M+ paying subscribers in total  —  Popular caller ID app Truecaller has long left iPhone users at a disadvantage by not offering the caller information in real-time … Lees verder op Tech Meme

Days before TikTok briefly went dark, Instagram and Facebook made design tweaks, released new features, and ran ads promoting its apps as TikTok alternatives (Louise Matsakis/Wired) 22-01-2025

Louise Matsakis / Wired: Days before TikTok briefly went dark, Instagram and Facebook made design tweaks, released new features, and ran ads promoting its apps as TikTok alternatives  —  In the days before TikTok went dark, Instagram and Facebook released a flurry of new features and ran advertisements promoting its platforms as a comparable alternative. Lees verder op Tech Meme

Microsoft to buy 3.5M carbon credits, estimated to be worth about $200M, from Re.green over 25 years to restore parts of Brazil's Amazon and Atlantic forests (Kenza Bryan/Financial Times) 22-01-2025

Kenza Bryan / Financial Times: Microsoft to buy 3.5M carbon credits, estimated to be worth about $200M, from Re.green over 25 years to restore parts of Brazil’s Amazon and Atlantic forests  —  Tech giant acquires carbon credits worth around $200mn, as energy usage surges due to generative artificial intelligence Lees verder op Tech Meme

Sources: Google is investing over $1B more in Anthropic, which is also nearing a further $2B funding round from Lightspeed and other VCs at a ~$60B valuation (Financial Times) 22-01-2025

Financial Times: Sources: Google is investing over $1B more in Anthropic, which is also nearing a further $2B funding round from Lightspeed and other VCs at a ~$60B valuation  —  Artificial intelligence group closes in on $60bn valuation  —  Google is making a fresh investment of more than $1bn into OpenAI rival Anthropic … Lees verder op Tech Meme

DealStreetAsia: Southeast Asian startups raised $4.56B in 2024, down 42% YoY and falling to a fifth of a 2021 peak, as the number of deals fell 10% YoY to 633 (Tsubasa Suruga/Nikkei Asia) 22-01-2025

Tsubasa Suruga / Nikkei Asia: DealStreetAsia: Southeast Asian startups raised $4.56B in 2024, down 42% YoY and falling to a fifth of a 2021 peak, as the number of deals fell 10% YoY to 633  —  SINGAPORE — Southeast Asia’s startup funding in 2024 dropped for the third consecutive year, falling to a fifth of the peak it recorded in 2021 … Lees verder op Tech Meme

An internal probe into SoftBank-backed eFishery, one of Indonesia's most prominent startups, finds the agritech company allegedly faked most of its 2024 sales (Bloomberg) 22-01-2025

Bloomberg: An internal probe into SoftBank-backed eFishery, one of Indonesia’s most prominent startups, finds the agritech company allegedly faked most of its 2024 sales  —  – EFishery board investigating startup’s sales, profit numbers  — Indonesian firm has raised hundreds of millions of dollars Lees verder op Tech Meme

The Trump administration removed all advisory committee members within the DHS, including those in CISA and CSRB, which was investigating Salt Typhoon (Becky Bracken/Dark Reading) 22-01-2025

Becky Bracken / Dark Reading: The Trump administration removed all advisory committee members within the DHS, including those in CISA and CSRB, which was investigating Salt Typhoon  —  In a letter sent today, the acting DHS secretary terminated membership to all advisory boards, including the Cyber Safety Review Board … Lees verder op Tech Meme

2025 GDC: 63% of game devs say Meta Quest/Horizon Store is the VR/AR platform that interests them the most, with 59% currently making games for the platform (Dean Takahashi/VentureBeat) 22-01-2025

Dean Takahashi / VentureBeat: 2025 GDC: 63% of game devs say Meta Quest/Horizon Store is the VR/AR platform that interests them the most, with 59% currently making games for the platform  —  The 2025 GDC survey revealed the impact of industry-wide layoffs in 2024 where one of every 11 game developers lost a job. Lees verder op Tech Meme