Tech Meme

VentureBeat: Dallas-based Worlds, whose “digital twins” of industrial companies’ floor operations help boost productivity, raised a $21.2M Series A1 led by Moneta Ventures  —  Worlds Enterprises, a company that builds digital twins of floor operations for industrial companies to let them become … Lees verder op Tech Meme

Jon Fingas / Engadget: Meta rolls out a Variance Reduction System, its AI ad-targeting tech meant to comply with its DOJ settlement and reduce discrimination in housing ads, in the US  —  Meta is acting on its vow to reduce ad discrimination through technology.  The company is rolling out a Variance Reduction System … Lees verder op Tech Meme

Javier Paz / Forbes: A breakdown of Binance’s known assets, using data from Nansen and others, estimates the exchange has around $50B, including ~$10B in BNB, down 24% from November  —  The outflow of cash from Binance is worse than the CEO Changpeng Zhao indicated last month, and it’s become considerably more severe since then, a Forbes analysis shows. Lees verder op Tech Meme

Belle Lin / Wall Street Journal: Southwest Airlines’ recent meltdown exposed an over-reliance on aging crew-assignment software SkySolver, forcing the company to return to manual scheduling  —  The airline industry is long overdue for a tech overhaul that takes full advantage of the cloud and data integration, analysts say Lees verder op Tech Meme

Clive Thompson / MIT Technology Review: A profile of blockchain auditing service CertiK, which inspects smart contracts to help clients like Yuga Labs avoid critical bugs that can lead to lost crypto  —  Programming errors on the blockchain can mean $100 million lost in the blink of an eye.  Ronghui Gu and his company CertiK are trying to help. 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

Tim Bradshaw / Financial Times: Shopify President Harley Finkelstein says the company’s Audiences marketing tool, which uploads customer data to Meta and Google’s ad platforms, is a key focus  —  Canadian ecommerce group touts new tool that allows retailers to pool customer data and better target ads Lees verder op Tech Meme

Manish Singh / TechCrunch: Zomato co-founder and CTO Gunjan Patidar leaves, after the exits of two senior executives and another co-founder in December; Zomato’s stock fell 57%+ in 2022  —  Zomato said on Monday its co-founder and chief technology officer Gunjan Patidar has left the firm, the latest in a series … Lees verder op Tech Meme