Tech Meme

Dustin Volz / Wall Street Journal: The Biden admin adds European spyware firms Intellexa and Cytrox to an export prohibition list blocking them from US tech, as concerns grow over hacking tools  —  Biden administration bans Cytrox and Intellexa from receiving U.S. technology amid rising concern over hacking tools Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: Hammerspace, which offers data orchestration systems for Blue Origin, NSF, Royal Caribbean Group, and others, raised $56M led by Aramco’s Prosperity7 Ventures  —  Data may be “the new oil,” but only when it can be extracted and put to use.  Today, a five year-old startup called Hammerspace … Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: UK-based Netcraft, a cybercrime detection company founded in 1995, raised $100M led by Spectrum Equity in its first fundraising to date  —  After years of growth, funding for cybersecurity startups is beginning to slow down, a symptom of the broader economic malaise and — perhaps — market oversaturation. Lees verder op Tech Meme

Inti Landauro / Reuters: Spain’s antitrust watchdog fines Amazon and Apple a combined €194M for limiting the sale of devices from Apple and competitors on Amazon’s Spanish sites  —  Spain’s antitrust watchdog CNMC on Tuesday said it had imposed fines worth 194 million euros ($218.2 million) in total on Amazon … Lees verder op Tech Meme

Tim Bradshaw / Financial Times: Leeds-based chip designer Optalysys, which is developing optical chips that use light instead of electricity to perform calculations, raised a £21M Series A  —  Leeds-based company pushes its innovative technology to unlock one of greatest challenges in data security Lees verder op Tech Meme

Mike Wheatley / SiliconANGLE: Wing Cloud, developer of open-source, cloud-native programming language Winglang, launches out of stealth with a $20M seed  —  Cloud-native programming language startup Wing Cloud Ltd. is exiting stealth mode today armed with a hefty $20 million in seed funding. Lees verder op Tech Meme

Tim Bradshaw / Financial Times: Leeds-based chip designer Optalysys, which is developing optical chips that use light instead of electricity to perform calculations, raised a £21M Series A  —  Leeds-based company pushes its innovative technology to unlock one of greatest challenges in data security Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: Tractable, which develops computer vision and AI tools to remotely assess damage to property and vehicles, raised a $65M Series E led by SoftBank Vision Fund 2  —  When it comes to transforming business operations, artificial intelligence holds a lot of promise across many industries. Lees verder op Tech Meme

Sam Reynolds / CoinDesk: Filling: Celsius agrees to settle with Series B holders to distribute $25M from the sale of crypto custodian GK8; Galaxy Digital bought GK8 from Celsius in 2022  —  Mike Novogratz’s Galaxy Digital purchased self-custody platform GK8 from Celsius in December as part of bankruptcy proceedings. Lees verder op Tech Meme

Kotaro Hosokawa / Nikkei Asia: South Korea-based internet group Naver plans to release its HyperCLOVA X AI model this summer, as Google cuts into its core domestic search engine business  —  Partnership with Samsung to develop chips for data processing servers  —  Naver is leveraging a massive database of Korean-language content … Lees verder op Tech Meme