Tech Meme

TechCrunch: SensorTower: users in India have spent $8M on ChatGPT subscriptions through IAP since 2023, not including web app purchases, versus ~$330M spent by US users  —  For years, U.S.-based tech companies have tapped into India’s vast and increasing internet user base for growth.  OpenAI is no exception. Lees verder op Tech Meme

Sri Muppidi / The Information: Sources: enterprise AI search startup Glean is in talks to raise hundreds of millions, including money to buy employee shares, at an estimated ~$7B valuation  —  Glean, a developer of search chatbots for businesses, is in talks with investors to potentially raise hundreds of millions of dollars … Lees verder op Tech Meme

Maxwell Zeff / TechCrunch: Google releases API pricing for Gemini 2.5 Pro: $1.25 per 1M input tokens and $10 per 1M output tokens for prompts up to 200K tokens, its priciest model yet  —  On Friday, Google released API pricing for Gemini 2.5 Pro, an AI reasoning model with industry-leading performance on several benchmarks measuring coding, reasoning, and math. Lees verder op Tech Meme

Reuters: Sources: a TikTok deal, which was largely finalized by April 2, was put on hold after China indicated it would reject the deal over Trump’s tariffs  —  A deal to spin off the U.S. assets of TikTok was put on hold after China indicated that it would not approve the deal following President … Lees verder op Tech Meme

Marina Temkin / TechCrunch: Turbine, which allows LPs to borrow funds secured by their position in venture funds, emerges from stealth with a $13M Series A and an $8.75M seed  —  Since IPOs slowed to trickle a few years ago, limited partners who invest in venture capital funds have had one giant problem: a dearth of liquidity. Lees verder op Tech Meme

Taylor Soper / GeekWire: Ring founder Jamie Siminoff rejoins Amazon as a VP of product overseeing Ring and related businesses, replacing Elizabeth Hamren, who succeeded him in 2023  —  In-depth Amazon coverage from the tech giant’s hometown, including e-commerce, AWS, Amazon Prime, Alexa, logistics, devices, and more. Lees verder op Tech Meme

Aisha Malik / TechCrunch: Amazon introduces a Kindle Recaps feature that uses GenAI and moderators to create short summaries of books in a series  —  Amazon is introducing a new “Recaps” feature for Kindle users to help them recall plot points and character arcs before picking up the latest book in a series. Lees verder op Tech Meme

Fareed Sahloul / Bloomberg: Sources: StubHub, Klarna, eToro, and adtech group MNTN have paused their IPO plans as President Trump’s trade war upends the global economy  —  Billions of dollars worth of acquisitions and initial public offerings are on hold as Donald Trump’s trade war upends the global economy … Lees verder op Tech Meme

Fortune: Analysts say Microsoft, whose shares fell the least among top tech companies, is shielded from the worst tariff impacts due to Azure and a broad enterprise base  —  As Microsoft celebrates its 50th anniversary Friday with a Seattle event spotlighting its latest AI developments … Lees verder op Tech Meme

Todd Spangler / Variety: The Nasdaq fell 5.8% on the second day following Trump’s tariffs announcement, with Nvidia closing down 7.4%, Apple 7.3%, Netflix 6.7%, Meta 5%, and Amazon 4.2%  —  Amid steep losses, U.S. president says ‘my policies will never change’  —  Stocks dropped sharply for a second day … Lees verder op Tech Meme