Tech Meme

Reuters: Sources: the FDA rejected Neuralink’s clinical trial application, citing dozens of issues to fix before human testing, like the device’s removal and its battery  —  Musk has said his brain implant company, Neuralink, will make the paralyzed walk, the blind see and eventually turn people into cyborgs. Lees verder op Tech Meme

Financial Times: Staff and analysts: FIS is spinning off Worldpay as the ~$43B deal suffered from incompatibility, Worldpay’s slow response to changing customer needs, and more  —  Integration was difficult but the deal itself had always been misguided  —  Since it was founded by former UK policeman Nick Ogden … Lees verder op Tech Meme

Bloomberg: China’s Big Fund pledges to invest ~$1.9B more in memory chipmaker YMTC, suggesting Beijing is again boosting its beleaguered chip industry after US tech curbs  —  China has pledged to invest an additional $1.9 billion in the country’s biggest maker of memory chips, a deal that may herald … Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Bengaluru-based SpotDraft, which develops contract lifecycle management tools, raised a $26M Series A led by Premji Invest, bringing its total funding to $30.5M  —  VCs see a rich opportunity in tools to manage the contract lifecycle.  Two years ago, startups developing software that helps draft … Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: NYC-based Wunderkind, which lets brands target web visitors through emails, texts, and more, raised a $76M Series C, bringing its total funding to $150M+  —  Wunderkind, a platform that enables brands to target web visitors through emails, texts and other digital advertising formats … Lees verder op Tech Meme

Foo Yun Chee / Reuters: Sources: EU regulators seem likely to approve Microsoft’s acquisition of Activision Blizzard, satisfied by the company’s Nintendo and Nvidia licensing deals  —  EU antitrust regulators are not expected to demand that Microsoft Corp (MSFT.O) sell assets to win approval for its $69 billion acquisition … Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Wunderkind, which lets brands target web visitors through emails, texts, and more, raised a $76M Series C, bringing its total funding to $150M+  —  Wunderkind, a platform that enables brands to target web visitors through emails, texts and other digital advertising formats … Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: CRM startup Attio, which claims better performance than Salesforce and its rivals, raised a $23.5M Series A led by Redpoint and crossed $1M ARR in December 2022  —  While a partner at a VC firm, Nicolas Sharp took on the project of finding customer relationship management (CRM) software for the firm. Lees verder op Tech Meme

Reuters: Sources: the FDA rejected Neuralink’s trial application, citing dozens of issues to resolve before human testing, including the device’s battery and removal  —  Musk has said his brain implant company, Neuralink, will make the paralyzed walk, the blind see and eventually turn people into cyborgs. Lees verder op Tech Meme

Christiana Loureiro / The Block: Coinbase switches banking partners for Prime accounts from Silvergate to Signature, after Silvergate reported being “less than well-capitalized”  —  Coinbase said it was no longer accepting or initiating payments to or from Silvergate after the troubled crypto bank said yesterday that it may be … Lees verder op Tech Meme