Tech Meme

Tage Kene-Okafor / TechCrunch: Sources: Lagos-based Sabi, which provides a marketplace, inventory management tools, and more to SMEs in Africa, 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

Sam Tobin / Reuters: A UK court throws out a case against Google over the transfer of 1.6M patients’ medical records by an NHS trust to DeepMind in 2015 and their 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

Manish Singh / TechCrunch: Indian authorities give Krafton a “trial approval” for three months to relaunch BGMI, a year after the country banned the battle royale game a second time  —  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

Wall Street Journal: Sources and docs: nonprofit fund Veritas Society used geofencing around abortion clinics to serve visitors anti-abortion Facebook, Instagram, and Snapchat ads  —  Wisconsin group used precise geolocation data until last year to direct ads to women it suspected of seeking abortions Lees verder op Tech Meme

Byron Kaye / Reuters: The Australian Securities Exchange will no longer attempt to rebuild its software using blockchain, after “pausing” seven years of development in November 2022  —  Australia’s stock market operator said it will no longer attempt to rebuild its software platform with blockchain-based technology … Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: Restaurant365, which sells restaurant management software, raised $135M led by KKR and L Catterton at a $1B+ valuation, bringing its total funding to $288M  —  The price of food continues to go up and up, but surprisingly that hasn’t (yet?) played out as pressure on the wider restaurant industry. Lees verder op Tech Meme

Alex Konrad / Forbes: Jeff Jordan, a16z’s fifth general partner who joined in 2011, steps back from active investments but will continue to work on his 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: The UK sentences Tejay Fletcher, the mastermind behind phone number spoofing service iSpoof, which scammed victims out of ~£100M, to over 13 years in 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

Lia Haberman / ICYMI: Meta briefed some creators on Instagram’s decentralized text-based app that may launch in June 2023 with a Twitter-like design, Mastodon compatibility, and more  —  Meta’s hosting secret meetings with select creators to share details  —  [a sneak peek at Instagram’s new text-based app] 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