Alex Konrad / Forbes: Jeff Jordan, the a16z VC who joined in 2011, steps back from active investments but will continue to work with his existing portfolio and board positions — Longtime Andreessen Horowitz venture capitalist Jeff Jordan is stepping back from active investments. Lees verder op Tech Meme
Katharine Gemmell / Bloomberg: Tejay Fletcher, the mastermind behind phone number spoofing service iSpoof, which scammed victims out of ~£100M, is sentenced to over 13 years in a UK prison — The mastermind behind a global “spoofing shop” that scammed victims out of as much as £100 million ($124 million) … Lees verder op Tech Meme
Cory Weinberg / The Information: Source: Instacart had ad revenue of about $740M in 2022, up 30% from 2021; nearly 30% of Instacart’s 2022 revenue came from selling ads — Instacart has become an advertising powerhouse. — The grocery-delivery firm’s ad revenue totaled about $740 million last year, up 30% from 2021, according to a person familiar with the matter. Lees verder op Tech Meme
Katharine Gemmell / Bloomberg: Tejay Fletcher, the mastermind behind phone number spoofing service iSpoof, which scammed victims out of ~£100M, is sentenced to over 13 years in a UK prison — The mastermind behind a global “spoofing shop” that scammed victims out of as much as £100 million ($124 million) … Lees verder op Tech Meme
Tage Kene-Okafor / TechCrunch: Sources: Lagos-based Sabi, which provides a marketplace, inventory management tools, and more to Africa’s SMEs, raised a $38M Series B at a $300M valuation — Sabi, a Lagos-based B2B e-commerce startup providing digital commerce infrastructure to Africa’s informal economy … Lees verder op Tech Meme
The Guardian: The UK plans to invest up to £1B over the next decade in its semiconductor industry; the US had pledged $52B and the EU €43B for their respective chip sectors — While the US and EU announce bigger programmes, one British startup says the government’s investment figure is less than the cost of one basic plant Lees verder op Tech Meme
Sam Tobin / Reuters: A UK court throws out a case against Google concerning the transfer of 1.6M patients’ data by an NHS trust to DeepMind in 2015 and its alleged misuse — Google on Friday defeated a lawsuit brought on behalf of 1.6 million people over medical records provided to the U.S. tech giant by a British hospital trust. Lees verder op Tech Meme
Financial Times: Sources: media agency GroupM tells clients it no longer considers Twitter “high risk”, a designation given in November, days after Linda Yaccarino’s appointment — WPP-owned GroupM removed designation of platform after appointment of Linda Yaccarino Lees verder op Tech Meme
Jiyoung Sohn / Wall Street Journal: Sources: Samsung suspends an internal review to replace Google with Bing as the default search engine on its mobile devices, citing market perception concerns — Samsung Electronics suspends internal review that contemplated changing its smartphones’ default search engine from Google to Microsoft’s Bing Lees verder op Tech Meme
Manish Singh / TechCrunch: Krafton receives a “trial approval” for three months from Indian authorities to relaunch battle-royale game BGMI, a year after it was banned — The South Korean giant Krafton has secured the approval from the Indian authorities to resume operations of Battlegrounds Mobile India … Lees verder op Tech Meme