PYMNTS.com: Robotics startup Fulfil, which offers automated micro-fulfillment centers for online grocers, emerges from stealth with a $60M Series B led by Eclipse — As grocers look to escape reliance on aggregators, tech providers are offering new automated solutions. Lees verder op Tech Meme
Elad Gil / Elad Blog: Mid-to-late stage tech startups will likely face a reckoning in late 2023 to 2024, as companies run out of cash from “free rounds” fueled by low interest rates — The coming reset in mid-to-late stage startups in 2023-2024 is at this point likely largely decoupled from interest rates and inflation. Lees verder op Tech Meme
Nilay Patel / The Verge: Q&A with iHeartMedia’s Conal Byrne on overseeing podcasting at the company, the industry maturing, RSS, radio and podcast ads, subscriptions, and exclusivity — Amid layoffs and a looming recession, folks are concerned about the audio industry. iHeart’s podcast head Conal Byrne is not worried. Lees verder op Tech Meme
Reuters: Former FTX Director of Engineering Nishad Singh pleads guilty to six US criminal charges, becoming the third FTX exec close to SBF to plead guilty and cooperate — Nishad Singh, the former director of engineering at now-bankrupt cryptocurrency exchange FTX, pleaded guilty to U.S. criminal charges … Lees verder op Tech Meme
Reuters: HP reports Q1 revenue down 19% YoY to $13.8B, vs. $14.1B est., Personal Systems net revenue down 24% YoY to $9.2B, and Printing net revenue down 5% YoY to $4.6B — HP Inc (HPQ.N) on Tuesday reported the steepest fall in quarterly revenue since 2016 and missed analysts’ estimates … Lees verder op Tech Meme
Wall Street Journal: Memo and sources: Instacart told employees that its Q4 revenue increased 50%+ YoY, Q4 gross profit rose 80%+ YoY, and 2022 revenue grew 39% YoY to ~$2.5B — The company increased revenue 39% in 2022 despite slowing sales on its grocery delivery app — Instacart Inc. generated sharply higher sales … Lees verder op Tech Meme
Jon Fingas / Engadget: Qualcomm and Thales announce the certification of the first commercially deployable iSIM, putting eSIM-like functionality directly into a phone’s main processor — Never mind eSIMs — your next phone might have a more advanced way of connecting to your carrier. Lees verder op Tech Meme
Karissa Bell / Engadget: Twitter changes its violent speech policy to ban users from voicing “wishes of harm” on people, a policy reversal, as well as homes and essential infrastructure — Twitter is once again tightening its rules around what users are permitted to say on the platform. Lees verder op Tech Meme
Wall Street Journal: Sources: Instacart has told employees that revenue increased 50%+ YoY in Q4 and gross profit rose 80%+, while its full year 2022 revenue grew 39% YoY to ~$2.5B — The company increased revenue 39% in 2022 despite slowing sales on its grocery delivery app — Instacart Inc. generated sharply … Lees verder op Tech Meme
Sarah Perez / TechCrunch: Decentralized social network Bluesky debuts in the iOS App Store as an invite-only beta; Twitter started Bluesky in 2019 and spun off the project in 2022 — Bluesky, the Twitter alternative backed by Twitter co-founder and CEO Jack Dorsey, has hit the App Store and more testers are gaining access. Lees verder op Tech Meme