Tech Meme

Financial Times: Sources: KKR plans to float chip equipment maker Hitachi Kokusai Electric in Tokyo, aiming for a ~$2.7B valuation, up 60% from KKR’s 2017 acquisition price  —  Private equity group aims to float Hitachi Kokusai Electric at valuation that would make it Japan’s biggest initial public offering since 2018 Lees verder op Tech Meme

André Beganski / Decrypt: Story Protocol, a blockchain-based IP ownership network that aims to address creatives’ concerns over AI, raised over $54M led by Andreessen Horowitz  —  Andreessen Horowitz invested in a startup that uses blockchain tech to address problems heightened by artificial intelligence. Lees verder op Tech Meme

RT Watson / The Block: MetaMask says its customers in the US, the UK, and parts of Europe can now convert ether for traditional fiat currency via its new sell function  —  – Company announces customers can now convert crypto for traditional fiat currency with a new sell function. Lees verder op Tech Meme

Sundar Pichai / The Keyword: Sundar Pichai reflects on Google turning 25: search is “still our biggest moonshot”, AI will be the biggest tech shift “we see in our lifetimes”, and more  —  Editor’s note: Google will officially celebrate our 25th birthday later this month. Lees verder op Tech Meme

Zuha Siddiqui / Rest of World: Pakistan’s tech workers are leaving the country, as funding dries up, companies close, and more; data: 800K+ Pakistanis got jobs abroad in 2022, up 189% YoY  —  Inflation and dried-up VC funding have caused the country’s tech ecosystem to plummet, prompting young people to search for greener pastures abroad. Lees verder op Tech Meme

Thomas Germain / Gizmodo: Mozilla finds that 25 major car brands examined fail to adhere to the most basic privacy and security standards in their new internet-connected models  —  Bad news: your car is a spy.  Every major car brand’s new internet-connected models flunked privacy and security tests conducted by Mozilla. Lees verder op Tech Meme

André Beganski / Decrypt: Story Protocol, a blockchain-based IP ownership network that aims to address creatives’ concerns over AI, raised over $54M led by Andreessen Horowitz  —  Andreessen Horowitz invested in a startup that uses blockchain tech to address problems heightened by artificial intelligence. Lees verder op Tech Meme

Stephen Nellis / Reuters: IPO filing: Apple signed a new deal with Arm for chip technology that “extends beyond 2040”; Apple is among the companies that invested $735M in Arm’s IPO  —  Apple (AAPL.O) has signed a new deal with Arm for chip technology that “extends beyond 2040,” according to Arm’s initial public offering documents filed on Tuesday. Lees verder op Tech Meme

Yoko Kubota / Wall Street Journal: Sources: China orders officials at central government agencies not to use iPhones and other foreign-branded devices for work or bring them into the office  —  The directive is the latest step in Beijing’s campaign to cut reliance on foreign technology and could hurt Apple’s business in the country. Lees verder op Tech Meme

Thomas Germain / Gizmodo: Mozilla finds that 25 of the major car brands it examined fail to adhere to the most basic privacy and security standards in their new internet-connected models  —  Bad news: your car is a spy.  Every major car brand’s new internet-connected models flunked privacy and security tests conducted by Mozilla. Lees verder op Tech Meme