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Tech Meme

Munich-based Helsing, which makes software for European militaries, raised €209M led by General Catalyst; Saab paid €75M for a 5% stake, for a €1.5B valuation (Financial Times) 14-09-2023

Financial Times: Munich-based Helsing, which makes software for European militaries, raised €209M led by General Catalyst; Saab paid €75M for a 5% stake, for a €1.5B valuation  —  €209mn deal is latest example of sector defying VC downturn amid Ukraine war, and rising tensions between China and west Lees verder op Tech Meme

Hands-on with the HP Spectre Fold: a very striking design, slim bezels, a 17-inch 2560 x 1920 OLED display, 8.5mm thin, Intel i7-1250U, 16GB of RAM, and more (Sam Rutherford/Engadget) 14-09-2023

Sam Rutherford / Engadget: Hands-on with the HP Spectre Fold: a very striking design, slim bezels, a 17-inch 2560 x 1920 OLED display, 8.5mm thin, Intel i7-1250U, 16GB of RAM, and more  —  HP’s first “3-in-1” is incredibly sleek but can it live up to that price?  —  Senior Writer, Reviews Lees verder op Tech Meme

HP unveils the Spectre Fold, a foldable PC that can be used as 17-inch tablet or laptop, or as a 12.3-inch laptop, weighing under 3lb, starting at $5,000 (Monica Chin/The Verge) 14-09-2023

Monica Chin / The Verge: HP unveils the Spectre Fold, a foldable PC that can be used as 17-inch tablet or laptop, or as a 12.3-inch laptop, weighing under 3lb, starting at $5,000  —  Over the past few years, companies across the PC space have been engaged in a slow, but steady race to build a foldable laptop that people might actually want to buy. Lees verder op Tech Meme

Sources: Microsoft's proposal to split Teams off into a standalone app did not satisfy EU regulators, who are readying a formal complaint against Microsoft (Bloomberg) 14-09-2023

Bloomberg: Sources: Microsoft’s proposal to split Teams off into a standalone app did not satisfy EU regulators, who are readying a formal complaint against Microsoft  —  Microsoft’s recent proposal to split its Teams from a broader business software package and sell it to customers separately with an annual discount … Lees verder op Tech Meme

How Arm, bolstered by success in architecture, licensing, and ecosystem, is looking to maintain a sustainable model by raising prices, not chasing market share (SemiAnalysis) 14-09-2023

SemiAnalysis: How Arm, bolstered by success in architecture, licensing, and ecosystem, is looking to maintain a sustainable model by raising prices, not chasing market share  —  Cheap If They Can Charge Qualcomm-like Royalties?  —  ∙ Paid  —  Arm’s success can be attributed to its innovative architecture … Lees verder op Tech Meme

Lenders allege that Indian edtech giant Byju's hid $533M in an obscure three-year-old hedge fund that once said it was based out of an IHOP restaurant in Miami (Bloomberg) 14-09-2023

Bloomberg: Lenders allege that Indian edtech giant Byju’s hid $533M in an obscure three-year-old hedge fund that once said it was based out of an IHOP restaurant in Miami  —  – New lender suit seeks to recover cash from Camshaft Capital  — Hedge fund was founded just three years ago, lenders say Lees verder op Tech Meme

How Instacart CEO Fidji Simo helped find new ways for the company to make money, including via expanding its ads and software, which made $406M in 2023 revenue (New York Times) 14-09-2023

New York Times: How Instacart CEO Fidji Simo helped find new ways for the company to make money, including via expanding its ads and software, which made $406M in 2023 revenue  —  As it prepares to go public next week, Instacart shows that one secret to making money as a gig economy company is to become an advertising company. Lees verder op Tech Meme

Top10VPN: India's internet shutdowns between 2019 and 2022 cost over $4.8B in economic activity and affected more than 120M people in 2022 (Newley Purnell/Wall Street Journal) 14-09-2023

Newley Purnell / Wall Street Journal: Top10VPN: India’s internet shutdowns between 2019 and 2022 cost over $4.8B in economic activity and affected more than 120M people in 2022  —  Online sellers and ride-hailing drivers count the cost as authorities cut off the internet more than in any other country Lees verder op Tech Meme

On day two of the Google trial, an Apple lawyer protested two numbers the DOJ used in its opening statement, including Google paying Apple $4B-$7B for search (Washington Post) 14-09-2023

Washington Post: On day two of the Google trial, an Apple lawyer protested two numbers the DOJ used in its opening statement, including Google paying Apple $4B-$7B for search  —  Protection of trade secrets versus transparency has been a major debate between Google and activists in the case Lees verder op Tech Meme

A US judge says FTX can now sell, stake, and hedge its crypto holding, estimated to be worth $3.4B+, including $1.16B in solana, to repay creditors (Helene Braun/CoinDesk) 14-09-2023

Helene Braun / CoinDesk: A US judge says FTX can now sell, stake, and hedge its crypto holding, estimated to be worth $3.4B+, including $1.16B in solana, to repay creditors  —  Lawyers of FTX had submitted a filing with the U.S. Bankruptcy Court for the District of Delaware, asking for permission to sell … Lees verder op Tech Meme