Tech Meme

Christine Hall / TechCrunch: Otto, formerly TeleVet, which makes software for veterinary clinics, raised a $43M Series B led by Mercury Fund, which led its $5M Series A in December 2022  —  Scheduling medical appointments is challenging enough for humans, so Otto, formerly TeleVet, wants to make it easy to, at the very least, care for our pets. Lees verder op Tech Meme

Bloomberg: ASML says the company has licenses to ship restricted chipmaking machines to China until the end of 2023; Dutch export control rules kick in on September 1  —  ASML Holding NV said it has licenses to ship restricted chip-making machines to China until the end of the year, even as export curbs kick in from September. Lees verder op Tech Meme

Gillian Tan / Bloomberg: Sources: CoreWeave, which offers Nvidia GPUs in the cloud, explores a ~10% equity sale at a $5B-$8B valuation; source: CoreWeave projects $1.5B revenue in 2024  —  – Company counts Nvidia, Magnetar as existing equity investors  — Startup raised $2.3 billion in debt from Blackstone, others Lees verder op Tech Meme

James Hunt / The Block: A US judge dismisses a lawsuit against Uniswap, founder Hayden Adams, a16z, and others over scam token sales, as software cannot be held liable for user losses  —  – Uniswap founder Hayden Adams hailed the court’s comments as “based” after a class action lawsuit alleging liability for scam token sales was thrown out. Lees verder op Tech Meme

Camomile Shumba / CoinDesk: Swift and Web3 services startup Chainlink send tokenized value across private and public blockchains using Chainlink’s Cross-Chain Interoperability Protocol  —  The interbank messaging system Swift announced in June it was collaborating with Chainlink and dozens of financial institutions to test connecting blockchains. Lees verder op Tech Meme

Bloomberg: Sources: Binance Asia-Pacific’s head Leon Foong resigned from the exchange, the latest executive departure; Foong helped Binance expand in South Korea and Japan  —  – Foong led Binance expansion into markets like Japan, Korea  — Market share has declined after a global regulatory crackdown Lees verder op Tech Meme

Francesco Guarascio / Reuters: Vietnam faces a chronic shortage of engineers, presenting a major challenge for the growth of its chip industry; Biden plans to visit in September to talk chips  —  A chronic shortage of engineers in Vietnam is emerging as a major challenge to the growth of its semiconductor industry … Lees verder op Tech Meme

Gillian Tan / Bloomberg: Sources: CoreWeave is exploring a ~10% equity stake sale valuing the company between $5B and $8B; source: CoreWeave revenue is projected to hit $1.5B in 2024  —  – Company counts Nvidia, Magnetar as existing equity investors  — Startup raised $2.3 billion in debt from Blackstone, others Lees verder op Tech Meme

Carly Page / TechCrunch: Cybersecurity giant Malwarebytes laid off 100+ employees as it prepares for a major restructuring to separate its consumer and corporate-facing business units  —  Cybersecurity giant Malwarebytes this week laid off 100 employees as it prepares for a major restructuring that will see the business split into two, TechCrunch has learned. Lees verder op Tech Meme

Walter Isaacson / Wall Street Journal: An excerpt from Walter Isaacson’s new Elon Musk biography details Musk’s decision to buy Twitter and how his moods fluctuated wildly before the official closing  —  In an exclusive excerpt from his new biography ‘Elon Musk,’ Walter Isaacson offers a behind-the-scenes look at one of the most surprising … Lees verder op Tech Meme