Tech Meme

Ben Jiang / South China Morning Post: JD.com joint ventures in Thailand and Indonesia will cease operations in March amid fierce competition, as the company refocuses on logistics and China growth  —  Chinese e-commerce giant JD.com is pulling the plug on its Thailand and Indonesian platforms in a major setback … Lees verder op Tech Meme

AJ Vicens / CyberScoop: Kaspersky: from January 2020 to June 2022, hacker groups offered salaries from six figures to $1.2M, bonuses, and paid leave to attract talent on the dark web  —  Despite the obvious risks, tech jobs with hacking groups can be alluring for those who need the money or want to do the work. Lees verder op Tech Meme

Stephanie Murray / The Block: Alameda Research sues Voyager Digital for $445.8M, seeking to recover loan repayments that Alameda made after Voyager filed for bankruptcy in July 2022  —  – Alameda Research is suing Voyager Digital for $445.8 million, seeking to recover loan repayments it made after Voyager filed for bankruptcy protection in July. Lees verder op Tech Meme

Matt Tamanini / The Streamable: Paramount Global plans to merge its Showtime streaming service with Paramount+’s ad-free tier later in 2023 and call the new offering Paramount+ with SHOWTIME  —  It’s been a long time coming, but later this year, Paramount Global will finally fully integrate the streaming arm … Lees verder op Tech Meme

New York Times: Sources: Stripe is aiming to raise ~$2.5B at a $55B to $60B valuation, led by Thrive Capital, which has committed $1B; Stripe was valued at ~$95B in March 2021  —  Thrive has committed $1 billion, which would value the payments provider Stripe at about $55 billion to $60 billion, people with knowledge of the matter said. Lees verder op Tech Meme

Kim Jaewon / Nikkei Asia: Samsung reports Q4 operating profit down 69% YoY to ~$3.5B, its lowest since Q3 2014, and revenue down 8% YoY to ~$57.3B, citing weak chip and smartphone demand  —  South Korean tech giant’s slump expected to continue in first half of this year  —  SEOUL — Samsung Electronics said Tuesday … Lees verder op Tech Meme

Erin Mulvaney / Wall Street Journal: A look at MetaBirkins, 100 NFTs created by a self-described entrepreneur and artist in 2021, as Hermès goes to court in NYC seeking to stop the use of its brand  —  Lawsuit is an early test of how a company can exercise its rights against virtual assets it didn’t authorize Lees verder op Tech Meme

Kat Bailey / IGN: Sources: Microsoft, Nintendo, and Sony do not plan to attend E3 2023, to be held in-person from June 13 to June 16; E3 2022 was canceled due to the pandemic  —  All three of gaming’s first-party console manufacturers appear poised to skip E3’s big return.  —  E3’s first physical event … Lees verder op Tech Meme

Mary Ann Azevedo / TechCrunch: Payment card services company Marqeta plans to acquire NYC-based fintech infrastructure startup Power Finance for $223M in cash plus $52M subject to a milestone  —  Marqeta has agreed to acquire two-year-old fintech infrastructure startup Power Finance for $223 million in cash … Lees verder op Tech Meme

Manish Singh / TechCrunch: Manu Jain, who led Xiaomi’s India business for seven years, leaves, joining a long list of key departures; sources say he pitched investors on EV startup ideas  —  Manu Jain, the executive who helped Xiaomi set up and scale business in India, has left the company, he said Monday … Lees verder op Tech Meme