Tech Meme

Manya Saini / Reuters: KPMG: Canadian fintech investments, including VC, private equity, and M&A, totaled $353.7M across 57 deals in H1 2023, vs. $834.1M across 109 deals in H1 2022  —  Investment in Canada’s financial technology sector was reduced to less than half in the first six months of 2023 from last year … Lees verder op Tech Meme

Reuters: The European Commission plans to make a regulatory assessment of Qualcomm’s bid to acquire Israel-based fabless chipmaker Autotalks, first announced in May 2023  —  Qualcomm announced the planned takeover in May as the US company looks to expand its automotive-related business. Lees verder op Tech Meme

Simon Sharwood / The Register: PE firm EQT plans to take the German software company SUSE private at €16/share, below the €30 price of its 2021 IPO but above Thursday’s closing price of €9.6  —  Buyout offer is at €16 per share, compared to €30 at its 2021 IPO  —  Linux-loving software house SUSE … Lees verder op Tech Meme

CNN: Lyft and Uber threaten to leave Minneapolis if the mayor signs a minimum wage ordinance by August 23 mandating at least $1.40/mile and $0.51/minute for drivers  —  New York CNN —  —  Lyft and Uber threatened to stop doing business in Minneapolis after the city council adopted a new rule Thursday … Lees verder op Tech Meme

Bloomberg: Email: Amazon is offering $12,500 to some creators for 500 videos, or $25 a video, for its TikTok-like shopping feed; creators typically charge $200+ per video  —  – Content creators typically charge more than $200 a pop  —  Amazon.com Inc., looking to amp up its TikTok-like shopping feed … Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: Viome, which sells supplements to customers based on AI-based assessments of their microbiomes, raised an $86.5M Series C, bringing its total funding to $175M  —  Research on the human microbiome — microorganism communities that live in a part of your body such as your mouth or gut … Lees verder op Tech Meme

David Jeans / Forbes: London-based credit card processor Checkout.com abruptly terminates its contract with Binance citing reports of regulatory actions and money laundering concerns  —  Checkout.com, the London-based credit card processing company that ballooned its business model by servicing billions … Lees verder op Tech Meme

Manish Singh / TechCrunch: Netflix partners with Jio Platforms, India’s largest telecom operator, to bundle its Netflix Basic streaming tier with two of the carrier’s pay-as-you-go plans  —  Netflix has inked a “first-of-its-kind” deal with Jio Platforms, India’s largest telecom operator, to bundle the streaming service … Lees verder op Tech Meme

Simon Sharwood / The Register: PE firm EQT plans to take the German software company SUSE private at €16/share, below the €30 price of its 2021 IPO but above Thursday’s closing price of €9.6  —  Buyout offer is at €16 per share, compared to €30 at its 2021 IPO  —  Linux-loving software house SUSE … Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: ProjectDiscovery, a free vulnerability scanning service that monitors websites, apps, APIs, and cloud services for exploits, raised a $25M Series A led by CRV  —  ProjectDiscovery, a platform that detects new, exploitable vulnerabilities in codebases, today announced that it raised $25 million … Lees verder op Tech Meme