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Tech Meme

A profile of Plaid, valued at $13.4B, and co-founder Zach Perret, after a $58M data scraping settlement in 2022, as the startup expands and fights a PNC lawsuit (Jenny Surane/Bloomberg) 31-05-2023

Jenny Surane / Bloomberg: A profile of Plaid, valued at $13.4B, and co-founder Zach Perret, after a $58M data scraping settlement in 2022, as the startup expands and fights a PNC lawsuit  —  Zap $50 to a friend via Venmo.  Trade Bitcoin on Robinhood.  Get a student loan with SoFi. Lees verder op Tech Meme

Monzo reports FY 2023 revenue up 131% YoY to £355.6M, and net loss down 2% YoY to £116.3M; CEO TS Anil says an IPO in NYC or London is “some ways down the road” (Iain Withers/Reuters) 31-05-2023

Iain Withers / Reuters: Monzo reports FY 2023 revenue up 131% YoY to £355.6M, and net loss down 2% YoY to £116.3M; CEO TS Anil says an IPO in NYC or London is “some ways down the road”  —  British digital bank Monzo marginally narrowed its annual loss in the year to February 2023 … Lees verder op Tech Meme

Dublin-based payments startup NomuPay, formed from Wirecard and other assets, discloses raising $53.6M to date, ~$15M recently, and plans a “proper raise” soon (Ingrid Lunden/TechCrunch) 31-05-2023

Ingrid Lunden / TechCrunch: Dublin-based payments startup NomuPay, formed from Wirecard and other assets, discloses raising $53.6M to date, ~$15M recently, and plans a “proper raise” soon  —  We still see regular updates on the calamitous fallout of the 2020 collapse of Wirecard, the now-insolvent fintech … Lees verder op Tech Meme

A profile of AMD CEO Lisa Su, who orchestrated one of the great tech turnarounds after her 2014 takeover, as the company prepares to battle Nvidia over AI chips (Forbes) 31-05-2023

Forbes: A profile of AMD CEO Lisa Su, who orchestrated one of the great tech turnarounds after her 2014 takeover, as the company prepares to battle Nvidia over AI chips  —  AMD’s CEO orchestrated one of the great turnarounds in Silicon Valley history, driving the dying semiconductor maker’s stock price up nearly 30-fold in less than a decade. Lees verder op Tech Meme

Filing: Ontario Securities Commission opened an investigation on May 10 into Binance over trying to skirt regulations; Binance withdrew from Canada on May 12 (Emily Nicolle/Bloomberg) 31-05-2023

Emily Nicolle / Bloomberg: Filing: Ontario Securities Commission opened an investigation on May 10 into Binance over trying to skirt regulations; Binance withdrew from Canada on May 12  —  Crypto exchange Binance Holdings Ltd. said it has received an order from one of Canada’s securities regulators to investigate whether … Lees verder op Tech Meme

Monzo reports £356M in FY2023 revenue, up from £154M in FY2022, and a £116M net loss, down from £119M YoY; CEO TS Anil says an IPO is “some ways down the road” (Iain Withers/Reuters) 31-05-2023

Iain Withers / Reuters: Monzo reports £356M in FY2023 revenue, up from £154M in FY2022, and a £116M net loss, down from £119M YoY; CEO TS Anil says an IPO is “some ways down the road”  —  British digital bank Monzo marginally narrowed its annual loss in the year to February 2023 … Lees verder op Tech Meme

Activision CEO Bobby Kotick says he was humbled and outraged by toxic workplace claims and blames “outside forces” for most of Activision's image issues (Cynthia Littleton/Variety) 31-05-2023

Cynthia Littleton / Variety: Activision CEO Bobby Kotick says he was humbled and outraged by toxic workplace claims and blames “outside forces” for most of Activision’s image issues  —  Bobby Kotick has a secret: He was ready to buy Time Warner a few years ago.The CEO of Activision Blizzard drops this nugget early … Lees verder op Tech Meme

Amazon Echo Pop review: a $40 bargain, nice design, good sound, and speedy responses, but fewer hardware features and less voice sensitive than the Dot (Jennifer Pattison Tuohy/The Verge) 31-05-2023

Jennifer Pattison Tuohy / The Verge: Amazon Echo Pop review: a $40 bargain, nice design, good sound, and speedy responses, but fewer hardware features and less voice sensitive than the Dot  —  As the latest entry-level Alexa smart speaker, the $40 Echo Pop packs a lot of value into a small package.  It’s not as good as the Echo Dot, but it’s got looks on its side. Lees verder op Tech Meme

After raising $730M, UK chip startup Graphcore reported just ~$5M in 2021 revenue and a $183M loss; Microsoft, an investor, reportedly declined to use its chips (Mark Bergen/Bloomberg) 31-05-2023

Mark Bergen / Bloomberg: After raising $730M, UK chip startup Graphcore reported just ~$5M in 2021 revenue and a $183M loss; Microsoft, an investor, reportedly declined to use its chips  —  Nvidia is riding the AI wave to absurd heights.  Its UK rival: not so much.  But first…  If your company sells components designed … Lees verder op Tech Meme

A profile of Plaid, valued at $13.4B, and founder Zach Perret, after a $58M data scraping settlement in 2022, as the company expands and fights a lawsuit by PNC (Jenny Surane/Bloomberg) 31-05-2023

Jenny Surane / Bloomberg: A profile of Plaid, valued at $13.4B, and founder Zach Perret, after a $58M data scraping settlement in 2022, as the company expands and fights a lawsuit by PNC  —  Zap $50 to a friend via Venmo.  Trade Bitcoin on Robinhood.  Get a student loan with SoFi. Lees verder op Tech Meme