Tech Meme

Abraham Augustine / TechCabal: Toronto-based LemFi, which offers immigrants remittances and other payment services, raised a $33M Series A led by Left Lane, taking its total funding to ~$34M  —  On the back of successfully serving African migrants in Canada and the UK, LemFi has raised $33 million in Series A funding … Lees verder op Tech Meme

Bloomberg: Study: 30 sites showed nearly 150K nonconsensual porn deepfakes in May 2023, up 9x since 2019, totaling 3.8B views, enabled by services from Big Tech companies  —  To stay up and running, deepfake creators rely on products and services from Google, Apple, Amazon, CloudFlare and Microsoft Lees verder op Tech Meme

VideoCardz.com: MSI shares an unlisted video confirming Intel’s upcoming 14th Gen CPUs will see no major core count upgrades and will be 3% faster on average than 13th Gen CPUs  —  MSI unimpressed with 14th Gen Core series  —  MSI made a mistake of sharing an unlisted video which has now leaked out. Lees verder op Tech Meme

Reuters: Nomad, which provides Brazilians access to financial services in the US, such as an investment platform, raised $61M led by Tiger Global at a ~$361M valuation  —  Brazilian financial tech firm Nomad raised $61 million in an investment round led by Tiger Global Management … Lees verder op Tech Meme

Jack Schickler / CoinDesk: Court filings: FTX wants to begin selling, staking, and hedging its crypto holdings, valued at over $3B, and seeks to hire Mike Novogratz’s Galaxy as an advisor  —  The bankrupt exchange wants to return funds to creditors in dollars without denting value.  —  Register Now Lees verder op Tech Meme

Brendan Case / Bloomberg: Walmart partners with Alphabet’s Wing to test drone deliveries of up to six miles at two stores in the Dallas area, dropping off food and household essentials  —  – Project boosts aerial range capabilities for the retailer  — Service will be offered at two stores in the Dallas area Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Modular, a platform for developing AI systems, raised $100M led by General Catalyst, bringing its total funding to $130M; GV, Greylock, and others invested too  —  Modular, a startup creating a platform for developing and optimizing AI systems, has raised $100 million in a funding round led … Lees verder op Tech Meme

Nathan McAlone / Insider: OnlyFans reports revenue up 17% YoY to $1.1B in the FY to November 30, 2022, profit up 24% YoY to $404M, creators up 47% YoY to 3.2M, and users spent $5.6B  —  – The OnlyFans business is still booming.  — OnlyFans users spent $5.6 billion on the platform in 2022, up from $4.8 billion in 2021. Lees verder op Tech Meme

Associated Press: Uber raises the minimum age requirement for new ride-hailing California drivers to 25, but not Uber Eats, citing the rising costs of commercial auto insurance  —  Uber raised the minimum age requirement for most of its new drivers in California to 25 on Thursday under rules the company … Lees verder op Tech Meme

Bloomberg: Telecoms plan to repair the West Africa Cable System, which runs ~16,000 km from Europe to Africa, by September, after disruptions at all South African networks  —  – Cable-layer vessel Leon Thevenin moored in Cape Town  — Rock fall in Congo Canyon damaged West Africa cable system Lees verder op Tech Meme