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Tech Meme

The founders of Indian BNPL startup ZestMoney, which has raised $130M+, resign amid fundraising struggles, after a deal to be acquired by PhonePe fell through (Manish Singh/TechCrunch) 15-05-2023

Manish Singh / TechCrunch: The founders of Indian BNPL startup ZestMoney, which has raised $130M+, resign amid fundraising struggles, after a deal to be acquired by PhonePe fell through  —  Founders of ZestMoney have resigned from the startup, the latest twist in the fate of the Indian fintech whose ability … Lees verder op Tech Meme

Zip, which sells procurement management software, raised a $100M Series C led by Y Combinator at a $1.5B post-money valuation, taking its total funding to $181M (Phoebe Liu/Forbes) 15-05-2023

Phoebe Liu / Forbes: Zip, which sells procurement management software, raised a $100M Series C led by Y Combinator at a $1.5B post-money valuation, taking its total funding to $181M  —  Zip, a San Francisco-based startup that helps businesses manage spending, announced a fresh round of capital today … Lees verder op Tech Meme

Docs: in an informal Azure investigation, EU regulators ask rivals and clients if Microsoft leveraged its market power and business info to squeeze competitors (Samuel Stolton/Bloomberg) 15-05-2023

Samuel Stolton / Bloomberg: Docs: in an informal Azure investigation, EU regulators ask rivals and clients if Microsoft leveraged its market power and business info to squeeze competitors  —  Microsoft Corp.’s Azure cloud business has been targeted by the European Union’s antitrust arm, amid concerns the US software firm … Lees verder op Tech Meme

EU regulators approve Microsoft's $69B Activision Blizzard acquisition after Microsoft made concessions to keep rivals' access to Call of Duty and other games (Adam Satariano/New York Times) 15-05-2023

Adam Satariano / New York Times: EU regulators approve Microsoft’s $69B Activision Blizzard acquisition after Microsoft made concessions to keep rivals’ access to Call of Duty and other games  —  The green light follows objections to the blockbuster deal by American and British regulators on the grounds that it would undercut competition. Lees verder op Tech Meme

Google's I/O 2023 suggests that AI is a sustaining innovation for Big Tech; the true fight will be between the major players' centralized models and open source (Ben Thompson/Stratechery) 15-05-2023

Ben Thompson / Stratechery: Google’s I/O 2023 suggests that AI is a sustaining innovation for Big Tech; the true fight will be between the major players’ centralized models and open source  —  Some things in tech are shocking, but not surprising — think of a CEO of a struggling company losing their job. Lees verder op Tech Meme

Pluto TV co-founder Ilya Pozin's Telly opens a waitlist to give away 500K 55-inch 4K HDR TVs, which have a second screen for constantly showing ads, in 2023 (Jared Newman/Fast Company) 15-05-2023

Jared Newman / Fast Company: Pluto TV co-founder Ilya Pozin’s Telly opens a waitlist to give away 500K 55-inch 4K HDR TVs, which have a second screen for constantly showing ads, in 2023  —  Would you take a free TV if it constantly ran banner ads beneath everything you watched?  —  That’s the proposition for Telly … Lees verder op Tech Meme

Bard was the headliner at I/O 2023 while Google Assistant hardly got a mention, a noticeable omission after Assistant took center stage at previous I/O keynotes (Khari Johnson/Wired) 15-05-2023

Khari Johnson / Wired: Bard was the headliner at I/O 2023 while Google Assistant hardly got a mention, a noticeable omission after Assistant took center stage at previous I/O keynotes  —  Google’s generative AI chatbot Bard took center stage at the company’s I/O conference.  The company’s answer to Siri was left backstage. Lees verder op Tech Meme

Source: OpenAI is preparing to publicly release its first open-source LLM amid the proliferation of open-source alternatives, including variants of Meta's LLaMA (Jon Victor/The Information) 15-05-2023

Jon Victor / The Information: Source: OpenAI is preparing to publicly release its first open-source LLM amid the proliferation of open-source alternatives, including variants of Meta’s LLaMA  —  In February, Meta Platforms set off an explosion of artificial intelligence development when it gave academics access … Lees verder op Tech Meme

Sources: the IRS quietly built a prototype system to let Americans file tax returns digitally and free of charge, with a pilot slated to launch in January 2024 (Jacob Bogage/Washington Post) 15-05-2023

Jacob Bogage / Washington Post: Sources: the IRS quietly built a prototype system to let Americans file tax returns digitally and free of charge, with a pilot slated to launch in January 2024  —  The prototype program developed by the federal government could be available for a small group of taxpayers by January Lees verder op Tech Meme

Zip, which offers procurement management software, raised a $100M Series C led by Y Combinator at a $1.5B post-money valuation, taking its total raised to $181M (Phoebe Liu/Forbes) 15-05-2023

Phoebe Liu / Forbes: Zip, which offers procurement management software, raised a $100M Series C led by Y Combinator at a $1.5B post-money valuation, taking its total raised to $181M  —  Zip, a San Francisco-based startup that helps businesses manage spending, announced a fresh round of capital today … Lees verder op Tech Meme