Tech Meme

TechCrunch: NYC-based Via plans to acquire London-based Citymapper, which has ~50M users globally and raised $59.5M; sources: investors mostly won’t make their money back  —  Last month, when transportation startup Via raised $110 million at a $3.5 billion valuation, CEO Daniel Ramot said it planned … Lees verder op Tech Meme

Sam Kessler / CoinDesk: The Arbitrum Foundation, which develops the Ethereum Layer 2 network Arbitrum, plans to airdrop its long-awaited ARB token on March 23 and transition to a DAO  —  The long-awaited ARB token will grant holders the ability to vote on changes to the leading Ethereum layer 2 network. Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Fairmatic, whose AI monitors companies’ fleets to cut their auto insurance, raised a $46M Series B led by Battery Ventures, taking its total funding to $88M  —  With inflation sparking an increase in the cost of repairs, labor and claims, fees for insurance are similarly spiking across the board. Lees verder op Tech Meme

Margaux Nijkerk / CoinDesk: Ethereum developers aim for April 12 for the Shanghai hard fork, which would complete the network’s transition to proof-of-stake, delayed from March 2023  —  Developers agreed to April 12 for the long-awaited upgrade that will enable staked ETH withdrawals. Lees verder op Tech Meme

Mia Sato / The Verge: TikTok adds a Refresh button to For You, resetting the recommendation algorithm to show videos like for a new user, after testing the feature in February 2023  —  TikTok is adding a way for users to “refresh” For You page content when they want to switch up their feed. Lees verder op Tech Meme

Reuters: Sources: Samsung’s planned chip plant in Taylor, Texas, is set to cost over $25B, up $8B+ from initial forecasts, due to inflation impacting construction costs  —  A chip plant that South Korea’s Samsung Electronics Co Ltd (005930.KS) is building in Taylor, Texas, will cost … Lees verder op Tech Meme

Aisha Malik / TechCrunch: YouTube increases the price of its YouTube TV subscription by $8 to $72.99 per month, citing a rise in content costs  —  YouTube has announced that it’s raising the price of its YouTube TV subscription to $72.99 per month.  The new monthly price is an $8 increase from the current $64.99 monthly fee. Lees verder op Tech Meme

Christine Hall / TechCrunch: NYC-based Parker, which offers credit cards to e-commerce businesses doing $3M to $100M in annual sales, emerges from stealth with $37M in equity and $120M debt  —  Parker, a startup offering a corporate credit card for e-commerce businesses, emerged from stealth Thursday with $157 million … Lees verder op Tech Meme

Taylor Hatmaker / TechCrunch: Twitch CEO Emmett Shear plans to step down after 16 years at the company, replaced by president Dan Clancy; Shear is one of the original founders of Justin.tv  —  After serving as its chief executive for more than a decade, Twitch CEO Emmett Shear will take a step back at the company. Lees verder op Tech Meme

Reuters: Sources: Samsung’s planned chip plant in Taylor, Texas, will now cost over $25B, up $8B from its initial forecasts, due to inflation and rising material costs  —  A chip plant that South Korea’s Samsung Electronics Co Ltd (005930.KS) is building in Taylor, Texas, will cost … Lees verder op Tech Meme