Tech Meme

Kyle Wiggers / TechCrunch: EvenUp, which uses AI to generate legal documents for personal injury cases, raised a $50.5M Series B led by Bessemer Venture Partners at a $325M valuation  —  Millions of personal injury cases are settled in the U.S. every year, as few go to trial — but the vast majority are kept under wraps. Lees verder op Tech Meme

John Perrino / Tech Policy Press: Six US senators reintroduce a bipartisan bill to boost social network transparency, requiring companies to share ad libraries, content moderation stats, more  —  John Perrino is a policy analyst at the Stanford Internet Observatory.  —  The Platform Accountability and Transparency Act … Lees verder op Tech Meme

Maria Deutscher / SiliconANGLE: Blackpoint Cyber, which offers managed cybersecurity detection and response services, raised a $190M Series C led by Bain Capital with participation from Accel  —  Blackpoint Cyber, a startup that provides managed cybersecurity services using an internally developed software platform, has raised $190 million in fresh funding. Lees verder op Tech Meme

Ina Fried / Axios: Mark Zuckerberg shared with employees Meta’s plan to add generative AI text, image, and video tools to its products, such as Messenger, WhatsApp, and Instagram  —  Meta CEO Mark Zuckerberg announced a plan to employees on Thursday that will see it put generative AI text … Lees verder op Tech Meme

Ryan Weeks / The Block: Hong Kong-based Taiko Labs, which is focused on scaling Ethereum, raised a $10M seed led by Sequoia China and a $12M pre-Series A led by Generative Ventures  —  – Taiko Labs raised two rounds led by Sequoia China and Generative Ventures, respectively.  — The startup is building a Type 1 zkEVM … Lees verder op Tech Meme

Jillian Deutsch / Bloomberg: The European Commission approves €8B in state subsidies for chip research, adding to €13.7B in private funding for ~€22B in total, as part of the EU’s Chips Act  —  Semiconductor research projects with €8 billion ($8.6 billion) in public funds were approved … Lees verder op Tech Meme

Emily Chang / Bloomberg: Evan Williams says he was “sad” when Elon Musk bought Twitter after thinking the idea was “interesting and fun” and Musk hasn’t “dialed it in quite right yet”  —  Twitter co-founder Evan Williams, who watched Elon Musk’s advances on the company in 2022 with great interest … Lees verder op Tech Meme

Alex Heath / The Verge: Chris Cox showed Meta’s employees its “response to Twitter”, an Instagram-based text app that integrates with ActivityPub; docs: the app could be called Threads  —  One of Meta’s top executives showed employees a preview of the company’s upcoming Twitter competitor during … Lees verder op Tech Meme

Jillian Deutsch / Bloomberg: The European Commission approves €8B in state subsidies for chip research, adding to €13.7B in private funding for ~€22B in total, as part of the EU’s Chips Act  —  Semiconductor research projects with €8 billion ($8.6 billion) in public funds were approved … Lees verder op Tech Meme

Jillian Deutsch / Bloomberg: The European Commission approves €8B in state subsidies for chip research, adding to €13.7B in private funding for ~€22B in total, as part of the EU’s Chips Act  —  Semiconductor research projects with €8 billion ($8.6 billion) in public funds were approved … Lees verder op Tech Meme