Tech Meme

Financial Times: Kioxia’s shares rose 6%+ on its first day of trading in Tokyo, giving the chipmaker a ~$5.2B market cap; a group led by Bain had paid $18B for Kioxia in 2018  —  Private equity group finally floats Japanese flash memory provider at a valuation far below what it paid in 2018 Lees verder op Tech Meme

Myles McCormick / Financial Times: The NERC, overseen by the FERC, warns soaring US electricity demand from data centers to power AI could strain US and Canadian grids, risking blackouts  —  Surging demand from tech sector could overwhelm generation capacity, report says  —  North America’s electricity grid faces … Lees verder op Tech Meme

Jez Corden / Windows Central: A look at Microsoft’s risky Xbox strategy, where exclusives are the exception; sources say Microsoft is working on cross-platform Xbox interface Project Rainway  —  Microsoft’s strategy has Xbox’s core fans upset about the future of console hardware.  Today, we’re going to analyze the strategy … Lees verder op Tech Meme

Manish Singh / TechCrunch: MobiKwik’s shares surged as much as 82% on their trading debut, after the Indian digital payments firm, which claims to have 161M users, raised $69M in its IPO  —  Shares in digital payments firm MobiKwik surged 82% to ₹507.5 ($6) on their first day of trading, as the Indian fintech company … Lees verder op Tech Meme

Filipe Espósito / 9to5Mac: Apple Maps on the web adds support for Look Around, Apple’s version of Google Street View  —  Apple in June introduced a beta version of Apple Maps on the web, allowing users of other platforms such as Windows PCs to access its map service directly from a web browser. Lees verder op Tech Meme

Eliot Brown / Wall Street Journal: Masayoshi Son’s $100B AI investment pledge to Trump would require a massive fundraising effort, new debt, or selling some of SoftBank’s holdings to raise cash  —  Following through will require some combination of a massive fundraising effort, new debt or selling chunks of his company’s holdings to raise cash Lees verder op Tech Meme

Sam Bradley / Digiday: A look at Reddit’s growth in sports fan communities; internal data: Reddit recorded a 35% YoY increase in engagement in 1,000+ sports-themed Subreddits in 2024  —  This article was provided as an exclusive preview for Digiday+ members, who were able to access it early. Lees verder op Tech Meme

Manish Singh / TechCrunch: Shares in MobiKwik surged as much as 82% on their trading debut, after the Indian digital payments firm, which claims to have 161M users, raised $69M in its IPO  —  Shares in digital payments firm MobiKwik surged 82% to ₹507.5 ($6) on their first day of trading, as the Indian fintech company … Lees verder op Tech Meme

Filipe Espósito / 9to5Mac: Apple Maps on the web adds support for Look Around, Apple’s version of Google Street View  —  Apple in June introduced a beta version of Apple Maps on the web, allowing users of other platforms such as Windows PCs to access its map service directly from a web browser. Lees verder op Tech Meme

Financial Times: Shares of Kioxia rose 6%+ on its first day of trading in Tokyo, giving the chipmaker a ~$5.2B market cap; a group led by Bain had paid $18B for Kioxia in 2018  —  Private equity group finally floats Japanese flash memory provider at a valuation far below what it paid in 2018 Lees verder op Tech Meme