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Tech Meme

Filing: the Ontario Securities Commission opened an investigation on May 10 into Binance attempting to skirt regulations; Binance withdrew from Canada on May 12 (Emily Nicolle/Bloomberg) 31-05-2023

Emily Nicolle / Bloomberg: Filing: the Ontario Securities Commission opened an investigation on May 10 into Binance attempting to skirt regulations; Binance withdrew from Canada on May 12  —  Crypto exchange Binance Holdings Ltd. said it has received an order from one of Canada’s securities regulators to investigate whether … Lees verder op Tech Meme

Amazon Echo Pop review: a $40 bargain, nice design, good sound for its size, and speedy responses, but fewer hardware features and less voice aware than the Dot (Jennifer Pattison Tuohy/The Verge) 31-05-2023

Jennifer Pattison Tuohy / The Verge: Amazon Echo Pop review: a $40 bargain, nice design, good sound for its size, and speedy responses, but fewer hardware features and less voice aware than the Dot  —  As the latest entry-level Alexa smart speaker, the $40 Echo Pop packs a lot of value into a small package. Lees verder op Tech Meme

After raising $730M+, UK chip startup Graphcore reported $5M+ in 2021 revenue and a $183M loss; Microsoft, an investor, reportedly declined to use its chips (Mark Bergen/Bloomberg) 31-05-2023

Mark Bergen / Bloomberg: After raising $730M+, UK chip startup Graphcore reported $5M+ in 2021 revenue and a $183M loss; Microsoft, an investor, reportedly declined to use its chips  —  Nvidia is riding the AI wave to absurd heights.  Its UK rival: not so much.  But first…  If your company sells components designed … Lees verder op Tech Meme

Garmin launches the $800 Fenix 7 Pro and $900 Epix 2 Pro in 42mm, 47mm, and 51mm sizes, both with an LED flashlight, better heart rate sensor, and improved maps (Victoria Song/The Verge) 31-05-2023

Victoria Song / The Verge: Garmin launches the $800 Fenix 7 Pro and $900 Epix 2 Pro in 42mm, 47mm, and 51mm sizes, both with an LED flashlight, better heart rate sensor, and improved maps  —  Garmin’s joining the Pro bandwagon.  On Wednesday, it’s launching the Epix 2 Pro and Fenix 7 Pro, which both come with a boatload … Lees verder op Tech Meme

Monzo reports FY 2023 revenue up 131% YoY to £355.6M, and net loss down 2% YoY to £116.3M; CEO TS Anil says an IPO in NYC or London is “some ways down the road” (Iain Withers/Reuters) 31-05-2023

Iain Withers / Reuters: Monzo reports FY 2023 revenue up 131% YoY to £355.6M, and net loss down 2% YoY to £116.3M; CEO TS Anil says an IPO in NYC or London is “some ways down the road”  —  British digital bank Monzo marginally narrowed its annual loss in the year to February 2023 … Lees verder op Tech Meme

Toronto-based Hostaway, which offers vacation rental management tools, raised $175M led by PSG Equity, after raising less than $3M since its founding in 2015 (Ingrid Lunden/TechCrunch) 31-05-2023

Ingrid Lunden / TechCrunch: Toronto-based Hostaway, which offers vacation rental management tools, raised $175M led by PSG Equity, after raising less than $3M since its founding in 2015  —  Tourism and travel have come roaring back into business post-pandemic, and today a startup called Hostaway that’s building technology … Lees verder op Tech Meme

A profile of Plaid, valued at $13.4B, and co-founder Zach Perret, after a $58M data scraping settlement in 2022, as the startup expands and fights a PNC lawsuit (Jenny Surane/Bloomberg) 31-05-2023

Jenny Surane / Bloomberg: A profile of Plaid, valued at $13.4B, and co-founder Zach Perret, after a $58M data scraping settlement in 2022, as the startup expands and fights a PNC lawsuit  —  Zap $50 to a friend via Venmo.  Trade Bitcoin on Robinhood.  Get a student loan with SoFi. Lees verder op Tech Meme

Monzo reports FY 2023 revenue up 131% YoY to £355.6M, and net loss down 2% YoY to £116.3M; CEO TS Anil says an IPO in NYC or London is “some ways down the road” (Iain Withers/Reuters) 31-05-2023

Iain Withers / Reuters: Monzo reports FY 2023 revenue up 131% YoY to £355.6M, and net loss down 2% YoY to £116.3M; CEO TS Anil says an IPO in NYC or London is “some ways down the road”  —  British digital bank Monzo marginally narrowed its annual loss in the year to February 2023 … Lees verder op Tech Meme

Dublin-based payments startup NomuPay, formed from Wirecard and other assets, discloses raising $53.6M to date, ~$15M recently, and plans a “proper raise” soon (Ingrid Lunden/TechCrunch) 31-05-2023

Ingrid Lunden / TechCrunch: Dublin-based payments startup NomuPay, formed from Wirecard and other assets, discloses raising $53.6M to date, ~$15M recently, and plans a “proper raise” soon  —  We still see regular updates on the calamitous fallout of the 2020 collapse of Wirecard, the now-insolvent fintech … Lees verder op Tech Meme

Apple touts an Analysis Group study saying App Store ecosystem generated $1.1T in 2022, up 29% YoY, with $910B coming from sales of physical goods and services (Sarah Perez/TechCrunch) 31-05-2023

Sarah Perez / TechCrunch: Apple touts an Analysis Group study saying App Store ecosystem generated $1.1T in 2022, up 29% YoY, with $910B coming from sales of physical goods and services  —  Ahead of Apple’s Worldwide Developer Conference next week, the company is offering an update on its app ecosystem with the release … Lees verder op Tech Meme