Tech Meme

Rosie Perper / CoinDesk: Tessera, the collective NFT ownership service that launched as Fractional with $20M in funding from Paradigm and others, plans to shut down  —  Co-founder Andy Chorlian tweeted that the decision was made after “carefully analyzing possible market scenarios, our company structure and our financial situation.” Lees verder op Tech Meme

Manish Singh / TechCrunch: Sources: Byju’s raised $250M and is close to raising $700M at the $22B valuation the startup maintained over the past year, ahead of its subsidiary Aakash’s IPO  —  Byju’s has raised $250 million and is close to securing about $700 million more, two people familiar with the matter said … Lees verder op Tech Meme

Jack Schickler / CoinDesk: Draft bill: the EU plans to force crypto companies to give tax authorities details of their clients’ holdings, which can be shared across the 27-nation bloc  —  Laws set to be agreed next week would require crypto companies to register with tax authorities, even if they’re based outside the bloc or offering non-fungible tokens. Lees verder op Tech Meme

New York Times: A look at China’s plans to “de-Americanize” its chip industry, nearly seven months after the US unveiled curbs, with billions from local investors and companies  —  Seven months after Washington unveiled tough curbs, Chinese companies are doubling down on homegrown supply chains … Lees verder op Tech Meme

Andrew Rummer / The Block: Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail on a €400K bail, pending a trial; the prosecution can appeal  —  – Terraform Labs co-founder Do Kwon is set to be freed from jail pending trial after a court agreed to a €400,000 ($436,000) … Lees verder op Tech Meme

Lillian Rizzo / CNBC: Elon Musk names ex-NBCUniversal ad chief Linda Yaccarino as Twitter CEO, to focus on business operations; Musk will focus on “product design & new technology”  —  – Former NBCUniversal advertising chief Linda Yaccarino will be Twitter’s next CEO. Lees verder op Tech Meme

Elon Musk / @elonmusk: Elon Musk announces Linda Yaccarino, who resigned as NBCUniversal’s head of advertising, as Twitter’s new CEO and says she will focus on business operations  —  I am excited to welcome Linda Yaccarino as the new CEO of Twitter! @LindaYacc will focus primarily on business operations, while I focus on product design & new technology. Looking forward to working with Linda to transform this platform into X, the everything app. https://twitter.com/… Lees verder op Tech Meme

Andrew Rummer / The Block: Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail after accepting a €400,000 bail, pending a trial  —  – Terraform Labs co-founder Do Kwon is set to be freed from jail pending trial after a court agreed to a €400,000 ($436,000) bail … Lees verder op Tech Meme

Financial Times: Document: the EU plans a €45M internet cable in the Black Sea to improve connectivity to Georgia and reduce its “dependency” on lines running through Russia  —  Move to improve connectivity to Georgia amid global concerns over spying and sabotage Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: Germany-based Wingcopter, a drone delivery startup for humanitarian supplies, raised €40M from the European Investment Bank, taking its total funding to €100M  —  Wingcopter, a startup out of Germany that has made a name for itself in the world of delivery drones used primarily … Lees verder op Tech Meme