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Tech Meme

The European Commission proposes rules to govern patents for tech used in cars, phones, and more, such as letting the EU IP Office oversee fair patent royalties (Philip Blenkinsop/Reuters) 27-04-2023

Philip Blenkinsop / Reuters: The European Commission proposes rules to govern patents for tech used in cars, phones, and more, such as letting the EU IP Office oversee fair patent royalties  —  The European Commission proposed rules on Thursday to govern patents increasingly in demand for technologies used in smart devices … Lees verder op Tech Meme

Filing: a former employee alleges messaging startup IRL inflated its user count and retaliated against him and others for raising concerns; IRL has raised $200M (Mark Matousek/The Information) 27-04-2023

Mark Matousek / The Information: Filing: a former employee alleges messaging startup IRL inflated its user count and retaliated against him and others for raising concerns; IRL has raised $200M  —  A former employee of SoftBank-backed messaging app IRL alleged in a legal filing that the company has inflated its user count … Lees verder op Tech Meme

A US federal appeals court upholds the dismissal of the state AGs' Meta lawsuit, ruling they waited too long to sue over its Instagram and WhatsApp acquisitions (Leah Nylen/Bloomberg) 27-04-2023

Leah Nylen / Bloomberg: A US federal appeals court upholds the dismissal of the state AGs’ Meta lawsuit, ruling they waited too long to sue over its Instagram and WhatsApp acquisitions  —  New York and other state attorneys general waited too long to sue Meta Platforms Inc. over its acquisitions of Instagram and WhatsApp … Lees verder op Tech Meme

NYC-based Pinecone Systems, which offers vector data storage for LLMs, raised a $100M Series B led by a16z at a $750M valuation, up from $168M in February 2022 (Kwaku Gyasi/Bloomberg) 27-04-2023

Kwaku Gyasi / Bloomberg: NYC-based Pinecone Systems, which offers vector data storage for LLMs, raised a $100M Series B led by a16z at a $750M valuation, up from $168M in February 2022  —  Pinecone Systems Inc., a startup whose platform supports artificial intelligence software, has raised $100 million in a funding round … Lees verder op Tech Meme

London-based TympaHealth, which develops handheld hardware built around smartphones to conduct hearing tests, raised a $23M Series A led by Octopus Ventures (Ingrid Lunden/TechCrunch) 27-04-2023

Ingrid Lunden / TechCrunch: London-based TympaHealth, which develops handheld hardware built around smartphones to conduct hearing tests, raised a $23M Series A led by Octopus Ventures  —  The basic principle of Moore’s law — computing becoming more powerful yet more compact — is playing out in a number of fields … Lees verder op Tech Meme

Stock exchange operator Deutsche Boerse offers to buy Danish investment management software company SimCorp for €3.9B in cash; SimCorp had €561M in 2022 revenue (Reuters) 27-04-2023

Reuters: Stock exchange operator Deutsche Boerse offers to buy Danish investment management software company SimCorp for €3.9B in cash; SimCorp had €561M in 2022 revenue  —  Stock exchange operator Deutsche Boerse (DB1Gn.DE) on Thursday announced a 3.9 billion euro ($4.31 billion) … Lees verder op Tech Meme

Filing: a former employee alleges messaging app IRL inflated its user numbers and retaliated against him and others for raising concerns; IRL has raised $200M (Mark Matousek/The Information) 27-04-2023

Mark Matousek / The Information: Filing: a former employee alleges messaging app IRL inflated its user numbers and retaliated against him and others for raising concerns; IRL has raised $200M  —  A former employee of SoftBank-backed messaging app IRL alleged in a legal filing that the company has inflated its user count … Lees verder op Tech Meme

Dropbox CEO Drew Houston says the company plans to lay off 16% of its staff, or ~500 employees, citing slowing growth and “the AI era of computing” arriving (Ingrid Lunden/TechCrunch) 27-04-2023

Ingrid Lunden / TechCrunch: Dropbox CEO Drew Houston says the company plans to lay off 16% of its staff, or ~500 employees, citing slowing growth and “the AI era of computing” arriving  —  Cloud storage giant Dropbox today joined the fray of tech companies announcing layoffs. Lees verder op Tech Meme

Stock exchange operator Deutsche Boerse offers to buy Danish investment management software company SimCorp for €3.9B in cash; SimCorp had €561M in 2022 revenue (Reuters) 27-04-2023

Reuters: Stock exchange operator Deutsche Boerse offers to buy Danish investment management software company SimCorp for €3.9B in cash; SimCorp had €561M in 2022 revenue  —  Stock exchange operator Deutsche Boerse (DB1Gn.DE) on Thursday announced a 3.9 billion euro ($4.31 billion) … Lees verder op Tech Meme

The European Commission proposes rules to govern patents for tech in smart devices, including letting the EU IP Office oversee fair patent royalties (Philip Blenkinsop/Reuters) 27-04-2023

Philip Blenkinsop / Reuters: The European Commission proposes rules to govern patents for tech in smart devices, including letting the EU IP Office oversee fair patent royalties  —  The European Commission proposed rules on Thursday to govern patents increasingly in demand for technologies used in smart devices such as drones … Lees verder op Tech Meme