Tech Meme

Jing Yang / Wall Street Journal: Sources: Shein raised $2B at a $66B valuation, down from ~$100B in 2022, co-led by Sequoia, General Atlantic, and Mubadala; Shein generated $23B in 2022 revenue  —  Online retailer made $800 million net profit in 2022 and is targeting 40% growth, but faces geopolitical headwinds and rising competition Lees verder op Tech Meme

Zheping Huang / Bloomberg: Tencent reports Q1 revenue up 11% YoY to ~$21.4B, above estimates and the fastest growth in over a year, and net income up 10% YoY to ~$3.6B, below estimates  —  Tencent Holdings Ltd.’s earnings missed estimates despite the fastest pace of revenue growth in more than a year … Lees verder op Tech Meme

Brian Heater / TechCrunch: Zürich-based ANYbotics, which develops autonomous legged robots for industrial inspection, raised a $50M Series B led by Walden Catalyst and NGP Capital  —  ANYbotics this week announced a $50 million Series B. The round, led by Walden Catalyst and NGP Capital, comes as the firm is pushing … Lees verder op Tech Meme

Brian Heater / TechCrunch: Zürich-based ANYbotics, which develops autonomous legged robots for industrial inspection, raised a $50M Series B led by Walden Catalyst and NGP Capital  —  ANYbotics this week announced a $50 million Series B. The round, led by Walden Catalyst and NGP Capital, comes as the firm is pushing … Lees verder op Tech Meme

Jonathan Greig / The Record: Symantec says an APT called Lancefly used custom malware to attack governments, telcos, and other organizations in Asia from the middle of 2022 through Q1 2023  —  A government-backed hacking group known as “Lancefly” has been seen using custom-made malware to attack governments, telecoms and other organizations across Asia. Lees verder op Tech Meme

Brian Heater / TechCrunch: Zürich-based ANYbotics, which develops autonomous legged robots for industrial inspection, raised a $50M Series B led by Walden Catalyst and NGP Capital  —  ANYbotics this week announced a $50 million Series B. The round, led by Walden Catalyst and NGP Capital, comes as the firm is pushing … Lees verder op Tech Meme

Rohan Goswami / CNBC: Elon Musk: Working from home is ‘morally wrong’ when service workers still have to show up  — Elon Musk called Silicon Valley engineers a part of “laptop classes living in la-la land” and said they should get off “their moral high horse work-from-home bulls***.” Lees verder op Tech Meme

Brian Heater / TechCrunch: Zürich-based ANYbotics, which develops autonomous legged robots for industrial inspection, raised a $50M Series B led by Walden Catalyst and NGP Capital  —  ANYbotics this week announced a $50 million Series B. The round, led by Walden Catalyst and NGP Capital, comes as the firm is pushing … Lees verder op Tech Meme

Brian Heater / TechCrunch: Zürich-based ANYbotics, which develops autonomous legged robots for industrial inspection, raised a $50M Series B led by Walden Catalyst and NGP Capital  —  ANYbotics this week announced a $50 million Series B. The round, led by Walden Catalyst and NGP Capital, comes as the firm is pushing … Lees verder op Tech Meme

Financial Times: Sources: Volkswagen has held talks to use Huawei software in its cars in China, after its software unit Cariad was hit by budget misses and development delays  —  Turmoil at German carmaker’s in-house tech arm threatens to affect market share  —  Volkswagen has held talks to use Huawei software … Lees verder op Tech Meme