Tech Meme

Bhavya Dilipkumar / Moneycontrol: Mumbai-based Mintoak, which lets banks deploy and scale services like payments and lending to their SMB customers, raised a $20M Series A led by PayPal Ventures  —  The startup plans to use the raised capital to ramp up its tech stack and double down on the existing product portfolio. Lees verder op Tech Meme

Jordan Robertson / Bloomberg: Cybersecurity company Resecurity says hackers obtained login credentials for customer support services used by Amazon, Alibaba, Apple, Goldman, BMW, and others  —  In an episode that underscores the vulnerability of global computer networks, hackers got ahold of login credentials for data centers … Lees verder op Tech Meme

Chance Miller / 9to5Mac: Apple launches an unlisted Car Key Tests app on the App Store, letting manufacturers test integration with Apple’s Car Key feature, announced in July 2020  —  Apple’s Car Key feature was originally announced in July 2020 as a way to unlock your car using the Wallet app on your iPhone. Lees verder op Tech Meme

Will Knight / Wired: A look at Eric Schmidt-backed startup Ishtari, which uses machine learning to virtually assemble and test war machines from computer models of each component  —  The former Google CEO is on a mission to rewire the US military with cutting-edge artificial intelligence to take on China. Lees verder op Tech Meme

Reuters: Beijing’s IT bureau plans to support AI startups building ChatGPT-like models and says 1,048 core AI companies, or 29% of China’s total, are located in Beijing  —  China’s capital Beijing will support leading enterprises in building large artificial intelligence (AI) models that can challenge ChatGPT … Lees verder op Tech Meme

Peter Blumberg / Bloomberg: US prosecutors say Sam Bankman-Fried used a VPN on two recent occasions, raising concerns over his internet usage after a judge rejected an encrypted chat deal  —  US prosecutors said their discovery that Sam Bankman-Fried used a virtual private network to access the internet … Lees verder op Tech Meme

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