Tech Meme

Reuters: Filing: Instacart aims to raise up to $616M in its IPO at an up to $7.73B valuation and prices shares at $26 to $28; the listing is expected later this month  —  Instacart is aiming for a valuation of up to $7.73 billion in its initial public offering in New York, the grocery delivery service said on Monday … Lees verder op Tech Meme

Financial Times: How cybercriminals in Turkey teamed up with Russian émigré hackers to steal and sell tens of millions of credit card numbers, passwords, “hot” cookies, and more  —  Émigré hackers fleeing Putin’s military conscription prompts surge in activity involving stolen financial data Lees verder op Tech Meme

Dean Takahashi / VentureBeat: Q&A with Brian Ward, the CEO of Saudi Arabia’s Savvy Games Group, on the $4.9B acquisition of Scopely, esports, human rights issues in Saudi Arabia, and more  —  Brian Ward, CEO of Savvy Games Group, has taken the lead in helping Saudi Arabia’s attempt to move beyond its reputation … Lees verder op Tech Meme

Financial Times: How cybercriminals in Turkey teamed up with Russian émigré hackers to steal and sell tens of millions of credit card numbers, passwords, “hot” cookies, and more  —  Émigré hackers fleeing Putin’s military conscription prompts surge in activity involving stolen financial data Lees verder op Tech Meme

Wall Street Journal: A competition between Wharton MBA students and ChatGPT that judges generating ideas for a new product or service finds that 35 of the top 40 came from ChatGPT  —  We put humans and AI to the test.  The results weren’t even close.  —  How good is AI in generating new ideas? Lees verder op Tech Meme

Financial Times: How cybercriminals in Turkey teamed up with Russian émigré hackers to steal and sell tens of millions of credit card numbers, passwords, “hot” cookies, and more  —  Émigré hackers fleeing Putin’s military conscription prompts surge in activity involving stolen financial data Lees verder op Tech Meme

Manish Singh / TechCrunch: Bengaluru-based fintech Perfios, which offers real-time credit underwriting tools to financial companies, raised a $229M Series D led by Kedaara Capital  —  Perfios, an Indian fintech that provides real-time credit underwriting solutions to banks and non-banking financial institutions … Lees verder op Tech Meme

Manish Singh / TechCrunch: Coinbase emails its customers in India to say the company plans to cease operations in the country from September 25, advising users to withdraw remaining funds  —  Coinbase said Monday that it disabled new user sign-up on its exchange product in India in June of this year but remains committed … Lees verder op Tech Meme

Wall Street Journal: Sources: Meta plans to begin training a new LLM in Q1 2024 on its own infrastructure and hopes the model will be roughly as capable as OpenAI’s GPT-4  —  Parent of Facebook and Instagram wants artificial-intelligence system to be as capable as OpenAI’s most advanced model  —  Platforms is setting its sights on OpenAI. Lees verder op Tech Meme

Wall Street Journal: Sources: Instacart plans to target its IPO at a roughly $8.6B to $9.3B valuation, well below the $39B valuation the company had in March 2021  —  The grocery-delivery company aims for $8.6 billion to $9.3 billion, down from $39 billion in 2021. Lees verder op Tech Meme