Tech Meme

Debby Wu / Bloomberg: Chinese media: Foxconn says its Zhengzhou plant is operating with ~200,000 workers, or ~90% capacity, back to around reported normal levels, after disruptions  —  Foxconn Technology Group has brought the world’s largest iPhone plant to about 90% of anticipated peak capacity … Lees verder op Tech Meme

Christopher Grimes / Financial Times: United Talent Agency CEO Jeremy Zimmer argues the creative talent behind shows on Netflix’s ad-supported tier should earn more money if their shows are popular  —  United Talent Agency chief Jeremy Zimmer says ad-supported service ‘changes the game’ for creators Lees verder op Tech Meme

Lora Kolodny / CNBC: Email: SpaceX is raising $750M in a round likely led by a16z at a $137B valuation; the company raised $2B+ in 2022 and was valued at $127B in May  —  – SpaceX is raising $750 million in a new round of funding that values the company at $137 billion, according to correspondence viewed by CNBC. Lees verder op Tech Meme

Deena Kamel / The National: Riyadh-based Manafa, which offers SMBs debt and equity financing based on a crowdfunding model, raised a ~$28.2M Series A led by STV and Aramco’s Wa’ed Ventures  —  The series A round was led by STV and Aramco’s venture capital arm  —  Listen In English Listen in Arabic Lees verder op Tech Meme

Moneycontrol: India releases draft online gaming rules, seeking to create a self-regulatory body and to require parental consent for gamers under 18, for public consultation  —  These draft regulations come at a time when India’s gaming sector has seen unprecedented growth in terms of app downloads and revenue Lees verder op Tech Meme