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Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail on a €400K bail, pending a trial; the prosecution can appeal (Andrew Rummer/The Block) 12-05-2023

Andrew Rummer / The Block: Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail on a €400K bail, pending a trial; the prosecution can appeal  —  – Terraform Labs co-founder Do Kwon is set to be freed from jail pending trial after a court agreed to a €400,000 ($436,000) … Lees verder op Tech Meme

Sources: e-commerce marketing platform Klaviyo confidentially files for a US IPO; source: the firm seeks to raise $750M+; Klaviyo was valued at ~$9.5B in 2021 (Echo Wang/Reuters) 13-05-2023

Echo Wang / Reuters: Sources: e-commerce marketing platform Klaviyo confidentially files for a US IPO; source: the firm seeks to raise $750M+; Klaviyo was valued at ~$9.5B in 2021  —  Data and marketing automation firm Klaviyo Inc confidentially submitted paperwork on Friday with U.S. regulators for an initial public offering … Lees verder op Tech Meme

I am excited to welcome Linda Yaccarino as the new CEO of Twitter! @LindaYacc will focus primarily on business operations, while I focus on product design & new technology. Looking forward to working with Linda to transform this platform into X, the everything app. https://twitter.com/… (Elon Musk/@elonmusk) 12-05-2023

Elon Musk / @elonmusk: I am excited to welcome Linda Yaccarino as the new CEO of Twitter! @LindaYacc will focus primarily on business operations, while I focus on product design & new technology. Looking forward to working with Linda to transform this platform into X, the everything app. https://twitter.com/… Lees verder op Tech Meme

Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail on a €400K bail, pending a trial; the prosecution can appeal (Andrew Rummer/The Block) 12-05-2023

Andrew Rummer / The Block: Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail on a €400K bail, pending a trial; the prosecution can appeal  —  – Terraform Labs co-founder Do Kwon is set to be freed from jail pending trial after a court agreed to a €400,000 ($436,000) … Lees verder op Tech Meme

Doc: the EU plans to lay a €45M internet cable in the Black Sea to improve connectivity to Georgia and reduce its “dependency” on lines running through Russia (Financial Times) 12-05-2023

Financial Times: Doc: the EU plans to lay a €45M internet cable in the Black Sea to improve connectivity to Georgia and reduce its “dependency” on lines running through Russia  —  Move to improve connectivity to Georgia amid global concerns over spying and sabotage Lees verder op Tech Meme

Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail on a €400K bail, pending a trial; the prosecution can appeal (Andrew Rummer/The Block) 12-05-2023

Andrew Rummer / The Block: Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail on a €400K bail, pending a trial; the prosecution can appeal  —  – Terraform Labs co-founder Do Kwon is set to be freed from jail pending trial after a court agreed to a €400,000 ($436,000) … Lees verder op Tech Meme

Doc: the EU plans to lay a €45M internet cable in the Black Sea to improve connectivity to Georgia and reduce its “dependency” on lines running through Russia (Financial Times) 12-05-2023

Financial Times: Doc: the EU plans to lay a €45M internet cable in the Black Sea to improve connectivity to Georgia and reduce its “dependency” on lines running through Russia  —  Move to improve connectivity to Georgia amid global concerns over spying and sabotage Lees verder op Tech Meme

Autonomous delivery startup Nuro will lay off 30% of its workforce, or ~340 people, as part of a restructuring; Nuro laid off 20% of its staff in November 2022 (Kirsten Korosec/TechCrunch) 13-05-2023

Kirsten Korosec / TechCrunch: Autonomous delivery startup Nuro will lay off 30% of its workforce, or ~340 people, as part of a restructuring; Nuro laid off 20% of its staff in November 2022  —  Autonomous delivery robot startup Nuro will lay off 30%, or about 340 employees, across the company as part of a restructuring meant to extend its capital runway. Lees verder op Tech Meme

Current and former employees say Foxconn has hired ~10K contract workers in Chennai, India, since November 2022, paying between ~$190 and ~$225 per month (Nilesh Christopher/Rest of World) 12-05-2023

Nilesh Christopher / Rest of World: Current and former employees say Foxconn has hired ~10K contract workers in Chennai, India, since November 2022, paying between ~$190 and ~$225 per month  —  Every Saturday, a clutch of engineering colleges in south India turn into venues for walk-in interviews for Apple contract manufacturers. Lees verder op Tech Meme

Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail on a €400K bail, pending a trial; the prosecution can appeal (Andrew Rummer/The Block) 12-05-2023

Andrew Rummer / The Block: Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail on a €400K bail, pending a trial; the prosecution can appeal  —  – Terraform Labs co-founder Do Kwon is set to be freed from jail pending trial after a court agreed to a €400,000 ($436,000) … Lees verder op Tech Meme