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Tech Meme

Miami-based Lula, which offers insurance products to car rental, trucking, and logistic companies, raised a $35.5M Series B, after an $18M Series A in July 2021 (Mary Ann Azevedo/TechCrunch) 03-08-2023

Mary Ann Azevedo / TechCrunch: Miami-based Lula, which offers insurance products to car rental, trucking, and logistic companies, raised a $35.5M Series B, after an $18M Series A in July 2021  —  Lula, a startup which aims to be the ‘Stripe for insurance,’ has raised $35.5 million in a Series B funding round after experiencing a massive surge in customers. Lees verder op Tech Meme

Germany-based chipmaker Infineon plans to spend a further €5B to build more capacity in Malaysia, for a €7B total investment, betting on growing EV chip demand (Patricia Nilsson/Financial Times) 03-08-2023

Patricia Nilsson / Financial Times: Germany-based chipmaker Infineon plans to spend a further €5B to build more capacity in Malaysia, for a €7B total investment, betting on growing EV chip demand  —  German chipmaker announces investment but pressure on existing automotive business leads to share price fall Lees verder op Tech Meme

Coinbase plans to launch Base, its Layer 2 blockchain built on Optimism's OP Stack, to the public on August 9 and releases a bridge between Base and Ethereum (Vishal Chawla/The Block) 03-08-2023

Vishal Chawla / The Block: Coinbase plans to launch Base, its Layer 2 blockchain built on Optimism’s OP Stack, to the public on August 9 and releases a bridge between Base and Ethereum  —  – Coinbase released a bridge between its Base network and Ethereum.  — The public launch of Base is set for August 9, making it accessible to everyone. Lees verder op Tech Meme

Endor Labs, which offers code and pipeline governance tools to measure risk, raised a $70M Series A led by Lightspeed, after exiting stealth in October 2022 (Mike Wheatley/SiliconANGLE) 03-08-2023

Mike Wheatley / SiliconANGLE: Endor Labs, which offers code and pipeline governance tools to measure risk, raised a $70M Series A led by Lightspeed, after exiting stealth in October 2022  —  Code and pipeline governance startup Endor Labs Inc. said today it has closed on a big funding round, reeling in $70 million … Lees verder op Tech Meme

Google expands its privacy tools, including to alert users when their personal info appears in Search and to remove consensual explicit images from Search (Kris Holt/Engadget) 03-08-2023

Kris Holt / Engadget: Google expands its privacy tools, including to alert users when their personal info appears in Search and to remove consensual explicit images from Search  —  The company will soon blur explicit imagery in results by default too.  —  Google has announced several updates to Search aimed … Lees verder op Tech Meme

Patreon temporarily disables Payoneer payments after some creators were unable to access their earnings and some subscriber payments are flagged as fraudulent (Mia Sato/The Verge) 03-08-2023

Mia Sato / The Verge: Patreon temporarily disables Payoneer payments after some creators were unable to access their earnings and some subscriber payments are flagged as fraudulent  —  Two simultaneous issues with payments on Patreon are causing problems for both creators and fans. Lees verder op Tech Meme

German chipmaker Infineon plans to spend a further €5B to build more capacity in Malaysia, for a €7B total investment, to capitalize on growing EV chips demand (Patricia Nilsson/Financial Times) 03-08-2023

Patricia Nilsson / Financial Times: German chipmaker Infineon plans to spend a further €5B to build more capacity in Malaysia, for a €7B total investment, to capitalize on growing EV chips demand  —  German chipmaker announces investment but pressure on existing automotive business leads to share price fall Lees verder op Tech Meme

Triller files for a US IPO after unsuccessfully trying to go public via a $5B SPAC merger in 2021; in 2022, Triller had $47.7M in revenue and a loss of $195.6M (Amanda Silberling/TechCrunch) 03-08-2023

Amanda Silberling / TechCrunch: Triller files for a US IPO after unsuccessfully trying to go public via a $5B SPAC merger in 2021; in 2022, Triller had $47.7M in revenue and a loss of $195.6M  —  Triller has long teased its ambitions to go public, and now, the short form video platform seems to on its way to an IPO. Lees verder op Tech Meme

CoreWeave, a specialized cloud service for GPU workloads, raised a $2.3B debt facility collateralized by Nvidia chips; CoreWeave raised $421M in equity in 2023 (Krystal Hu/Reuters) 03-08-2023

Krystal Hu / Reuters: CoreWeave, a specialized cloud service for GPU workloads, raised a $2.3B debt facility collateralized by Nvidia chips; CoreWeave raised $421M in equity in 2023  —  Specialized cloud provider CoreWeave has raised $2.3 billion in a debt facility led by Magnetar Capital and Blackstone (BX.N) … Lees verder op Tech Meme

German chipmaker Infineon plans to spend a further €5B to build more capacity in Malaysia, for a €7B total investment, to capitalize on growing EV chips demand (Patricia Nilsson/Financial Times) 03-08-2023

Patricia Nilsson / Financial Times: German chipmaker Infineon plans to spend a further €5B to build more capacity in Malaysia, for a €7B total investment, to capitalize on growing EV chips demand  —  German chipmaker announces investment but pressure on existing automotive business leads to share price fall Lees verder op Tech Meme