Bloomberg: Tech companies increasingly hire in South and Central America because remote workers there often accept lower pay than in the US but have the same time zones — Pandemic-era labor shortages made it hard for Austin-based Fetch Package Inc. to fill positions in the US. Lees verder op Tech Meme
Kyle Wiggers / TechCrunch: Ireland-based Everseen, which uses computer vision to spot potential retail theft, raised a €65M Series A led by Crosspoint, taking its total funding to ~€82M — In 2007, Alan O’Herlihy, who previously worked with large SAP installations as well as retail, set out to find … Lees verder op Tech Meme
Jamie Crawley / CoinDesk: Robinhood reported crypto trading revenue of $38M for Q1 2023, down ~30% YoY and 1% QoQ, and says it has ~$11.5B worth of crypto in assets, up 36% from Q4 2022 — The trading platform also reported holding around $11.5 billion worth of crypto in assets under custody, an increase of 36% versus the fourth quarter. Lees verder op Tech Meme
New York Times: Taiwan’s chip sector, built by TSMC’s skilled workers, risks losing its global dominance due to a demographic crisis, demanding work culture, and competing jobs — Taiwan’s world-dominating microchip sector was built by TSMC’s skilled employees. But a demographic crisis … Lees verder op Tech Meme
Ryan Gallagher / Bloomberg: A look at Tel Aviv-based Rayzone, whose surveillance system Echo, sold to governments, exploits ad data to track people via their phones — The innovation at the heart of the advertising technology industry is automated auctions to trade real-time data about mobile phone users … Lees verder op Tech Meme
Tiyashi Datta / Reuters: JD.com reports Q1 revenue up 1.4% YoY to ~$35B, beating estimates, and ~$906M net profit, compared to a ~$431M net loss in Q1 2022; JD rises 7%+ — China’s e-commerce giant JD.com Inc (9618.HK), said on Thursday its chief executive Xu Lei will step down, with the company’s chief financial officer taking on the role. Lees verder op Tech Meme
Arjun Kharpal / CNBC: JD.com says CEO Xu Lei will step down in June “due to personal reasons”, after one year in the role; CFO Sandy Ran Xu will become the CEO — – JD.com shares rose in pre-market trade in the U.S. on Thursday after it said it swung to profit in the first quarter and announced a management shakeup. Lees verder op Tech Meme
Alvise Armellini / Reuters: Italy’s AGCM begins investigating Apple over App Store ATT prompts for developers, a day after the EU confirmed sending questionnaires to retailers on Apple Pay — Italy’s antitrust agency AGCM said on Thursday it had opened a probe into U.S. technology giant Apple (AAPL.O) … Lees verder op Tech Meme
Kyle Wiggers / TechCrunch: Ireland-based Everseen, which uses computer vision to spot potential retail theft, raised a €65M Series A led by Crosspoint, taking its total funding to ~€82M — In 2007, Alan O’Herlihy, who previously worked with large SAP installations as well as retail, set out to find … Lees verder op Tech Meme
New York Times: Taiwan’s chip sector, built by TSMC’s skilled employees, risks losing its massive advantage due to a demographic crisis, demanding culture, and competing jobs — Taiwan’s world-dominating microchip sector was built by TSMC’s skilled employees. But a demographic crisis, demanding work culture and flagging interest threaten its lead. Lees verder op Tech Meme