Tech Meme

Stephen Nellis / Reuters: Rescale, which develops engineering software to help simulate complex physical systems, raised a $115M Series D, bringing its total funding to over $260M  —  Rescale, a San Francisco-based startup that makes engineering software used to design race cars and computer chips, raised $115 million on Monday in venture financing. Lees verder op Tech Meme

Jaspreet Singh / Reuters: Broadcom announces a share buyback program of up to $10B, set to run through the end of the year; AVGO jumps 3%+ after hours, after closing up 5.37% on Monday  —  Broadcom (AVGO.O) said on Monday it was launching a new share buyback program of up to $10 billion through December 31. Lees verder op Tech Meme

Bloomberg: Apple Store employees say the past few days have felt like the busy holiday season, as the threat of tariffs and potential price hikes sparked a shopping frenzy  —  – Store sales were higher this past weekend than in prior years  — Employees say the frenzy has felt like holiday shopping season Lees verder op Tech Meme

Bloomberg: Publishers say traffic to their sites has plummeted since Google rolled out AI Overviews; sources: Google acknowledged the drop in a meeting with publishers  —  In March 2024, website owner Morgan McBride was posing for photos in her half-renovated kitchen for a Google ad celebrating the ways … Lees verder op Tech Meme

Bloomberg: Apple Store employees say the past few days have felt like holiday season, as the threat of tariffs and potential price hikes sparked a shopping frenzy  —  – Store sales were higher this past weekend than in prior years  — Employees say the frenzy has felt like holiday shopping season Lees verder op Tech Meme

Nico Grant / New York Times: Memo: Google tells staff they can discuss the DOJ’s antitrust case, rescinding an earlier command, as part of a settlement with the Alphabet Workers Union  —  The Silicon Valley giant had ordered employees to stay silent on the landmark case before reaching a settlement with a workers’ union over the issue. Lees verder op Tech Meme

Vallari Srivastava / Reuters: Infineon agrees to acquire Marvell’s Automotive Ethernet business for ~$2.5B in cash; the unit is expected to generate revenue of $225M to $250M in FY 2026  —  German chipmaker Infineon Technologies (IFXGn.DE) said on Monday it would buy Marvell Technology’s (MRVL.O) automotive ethernet business for about $2.5 billion in cash. Lees verder op Tech Meme

Matthew Gault / 404 Media: Framework stops selling its six lowest-priced laptops in the US, saying those models would sell at a loss due to tariffs that went into effect on April 5  —  The manufacturer says it would now have to sell its laptops at a loss.  —  Framework—a company that makes upgradeable and repairable laptops … Lees verder op Tech Meme

Annie Palmer / CNBC: In a memo to staff Shopify’s CEO says using AI is now a baseline expectation and that teams asking for more resources must first show why AI can’t do the job  —  Shopify CEO Tobi Lutke is changing his company’s approach to hiring in the age of artificial intelligence. Lees verder op Tech Meme

Ryan Whitwam / Ars Technica: Google Search’s AI Mode feature, rolled out to millions more in the US, now gains multimodal capabilities, letting users ask complex questions about pictures  —  Google started cramming AI features into search in 2024, but last month marked an escalation.  With the release of AI Mode … Lees verder op Tech Meme