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Tech Meme

Shef, a chef-to-consumer marketplace, raised a $73.5M Series B in June 2022, including $7M in debt, led by CRV with participation from a16z and Amex Ventures (Christine Hall/TechCrunch) 03-03-2023

Christine Hall / TechCrunch: Shef, a chef-to-consumer marketplace, raised a $73.5M Series B in June 2022, including $7M in debt, led by CRV with participation from a16z and Amex Ventures  —  In its quest to turn the culinary talents of passionate home cooks into small businesses, Shef, a chef-to-consumer marketplace, is now taking those efforts nationwide. Lees verder op Tech Meme

HPE acquires cloud security startup Axis Security, reportedly for $500M, via HPE's subsidiary Aruba; Axis has raised $100M in funding to date (Michael Novinson/BankInfoSecurity.com) 03-03-2023

Michael Novinson / BankInfoSecurity.com: HPE acquires cloud security startup Axis Security, reportedly for $500M, via HPE’s subsidiary Aruba; Axis has raised $100M in funding to date  —  Deal Comes As Pressure Increases on Pure-Play Vendors to Deliver Native SASE Stack  —  Hewlett Packard Enterprise will soon offer … Lees verder op Tech Meme

Ericsson pleads guilty to US bribery violations and agrees to pay $206M+ in penalties; the company paid $1B+ in fines to the US DOJ and SEC in 2019 for bribery (Rohan Goswami/CNBC) 03-03-2023

Rohan Goswami / CNBC: Ericsson pleads guilty to US bribery violations and agrees to pay $206M+ in penalties; the company paid $1B+ in fines to the US DOJ and SEC in 2019 for bribery  —  – Ericsson will pay over $200 million in penalties for allegedly violating a non-prosecution agreement regarding the company’s years-long bribery campaigns. Lees verder op Tech Meme

Brave Search launches Summarizer, which provides a synopsis of search results for some queries using its own LLM trained to fight “unsubstantiated assertions” (Ivan Mehta/TechCrunch) 03-03-2023

Ivan Mehta / TechCrunch: Brave Search launches Summarizer, which provides a synopsis of search results for some queries using its own LLM trained to fight “unsubstantiated assertions”  —  It is raining AI-powered features all across search engines.  Today, Brave Search launched a new “Summarizer” … Lees verder op Tech Meme

Dell reports Q4 revenue down 11% YoY to $25B, commercial PC revenue down 17% YoY to $10.7B, and names Yvonne McGill to replace CFO Tom Sweet, effective August 5 (Wall Street Journal) 03-03-2023

Wall Street Journal: Dell reports Q4 revenue down 11% YoY to $25B, commercial PC revenue down 17% YoY to $10.7B, and names Yvonne McGill to replace CFO Tom Sweet, effective August 5  —  Corporate controller Yvonne McGill will become chief financial officer in August as Dell’s longtime CFO is set to depart Lees verder op Tech Meme

Memo: CNET EIC Connie Guglielmo, who defended CNET's use of AI tools, plans to step down to become Red Ventures' SVP of AI content strategy and editor-at-large (Mia Sato/The Verge) 03-03-2023

Mia Sato / The Verge: Memo: CNET EIC Connie Guglielmo, who defended CNET’s use of AI tools, plans to step down to become Red Ventures’ SVP of AI content strategy and editor-at-large  —  Following monthslong questions about how CNET uses artificial intelligence tools, longtime CNET editor-in-chief Connie Guglielmo … Lees verder op Tech Meme

US civil liberties and digital rights groups are speaking out against calls to ban TikTok, arguing the move would violate users' First Amendment rights (Washington Post) 03-03-2023

Washington Post: US civil liberties and digital rights groups are speaking out against calls to ban TikTok, arguing the move would violate users’ First Amendment rights  —  Happy Thursday!  If you’ve ever thought some people in Washington should be in straitjackets, well, I guess you got your wish. Lees verder op Tech Meme

Tel Aviv-based Hexa, which helps companies create and manage 3D models for AR/VR shopping experiences and other applications, raised a $20.5M Series A (Kyle Wiggers/TechCrunch) 03-03-2023

Kyle Wiggers / TechCrunch: Tel Aviv-based Hexa, which helps companies create and manage 3D models for AR/VR shopping experiences and other applications, raised a $20.5M Series A  —  Hexa, a 3D asset visualization and management platform, today announced that it closed a $20.5 million Series A round from Point72 Ventures … Lees verder op Tech Meme

HPE reports Q1 revenue up 12% YoY to $7.8B, vs. $7.45B est., HPC & AI revenue up 34% YoY to $1.1B, and Q2 revenue guidance above estimates (Jon Swartz/MarketWatch) 03-03-2023

Jon Swartz / MarketWatch: HPE reports Q1 revenue up 12% YoY to $7.8B, vs. $7.45B est., HPC & AI revenue up 34% YoY to $1.1B, and Q2 revenue guidance above estimates  —  Hewlett Packard Enterprise Co.’s stock climbed more than 6% in extended trading Thursday after the computing giant reported quarterly results … Lees verder op Tech Meme

A look at TikTok's viral Bold Glamour filter, which an expert says likely uses generative adversarial networks, amid fears the tool may hurt users' self-esteem (The Verge) 02-03-2023

The Verge: A look at TikTok’s viral Bold Glamour filter, which an expert says likely uses generative adversarial networks, amid fears the tool may hurt users’ self-esteem  —  TikTok rolled out new AI tools for filters last month.  But the company won’t say if its new Bold Glamour effect uses them … Lees verder op Tech Meme