Yogita Khatri / The Block: Geneva-based Taurus, which offers digital asset infrastructure to European financial institutions, raised a $65M Series B led by Credit Suisse — – Swiss digital asset infrastructure company Taurus raised $65 million in a Series B round led by Credit Suisse. Lees verder op Tech Meme
Financial Times: Sources: Apple’s India expansion has been slow due to logistics, tariffs, infrastructure, suppliers and officials lacking a “sense of urgency”, and other issues — Apple is hitting stumbling blocks in its effort to increase production in India, as the US tech giant faces pressure to cut its manufacturing reliance on China. Lees verder op Tech Meme
Olivia Poh / Bloomberg: Aspire, which provides Southeast Asian SMBs with international payments and other financial services, raised a $100M Series C led by Lightspeed and Sequoia — Aspire Pte, a fintech startup serving businesses, raised $100 million in a round that more than doubled its valuation, defying a market downturn for young tech firms. Lees verder op Tech Meme
Raffaele Huang / Wall Street Journal: Alibaba, Huawei, and Tencent each run more Southeast Asia availability zones than AWS, Azure, or Google Cloud, and are investing hundreds of millions of dollars — China’s Alibaba, Huawei and Tencent are investing hundreds of millions of dollars in developing markets including Thailand, Indonesia Lees verder op Tech Meme
David Klepper / Associated Press: Google’s Jigsaw plans to test video ads in Germany to “prebunk” misinformation, after promising results with a pilot project in Poland, Czechia, and Slovakia — After seeing promising results in Eastern Europe, Google will initiate a new campaign in Germany that aims to make people … Lees verder op Tech Meme
Ernesto Van der Sar / TorrentFreak: E-book pirate site Z-Library relaunches with unique domain names for each user, after the US DOJ seized 200+ domain names connected to the site in November 2022 — The U.S. Government’s crackdown against Z-Library late last year aimed to wipe out the pirate library for good. Lees verder op Tech Meme
Salvador Rodriguez / Wall Street Journal: Internal memo: Meta plans to revamp Horizon Worlds, including opening the app to users aged 13-17, seeking to improve user retention as competition intensifies — Memo highlights social-media giant’s plan to revitalize app, boost users in 2023 — Facebook parent Meta Platforms Inc. META -0.25%decrease … Lees verder op Tech Meme
Bloomberg: Nintendo cuts its full-year earnings and revenue outlook, including operating income from ~$3.8B to ~$3.6B, and revises Switch sales forecasts from ~19M to ~18M — Nintendo Co. cut its full-year earnings and revenue outlook, underscoring uncertainty around its aging Switch console and the global gaming environment. Lees verder op Tech Meme
Financial Times: Filings: Digital Currency Group begins selling shares in investment vehicles run by its subsidiary Grayscale at a steep discount, seeking to repay creditors — Digital assets conglomerate sells down holdings in prized investments at a discount to pay creditors Lees verder op Tech Meme
CNBC: Gemini plans to provide up to $100M to Genesis’ bankruptcy recovery, mainly for its Earn users, who had ~$900M of assets frozen when Genesis paused withdrawals — – Crypto exchange Gemini will contribute $100 million in cash to a recovery plan for bankrupt crypto lender Genesis. Lees verder op Tech Meme