Ben Lang / Road to VR: Infinite Reality, which is building an engine for creating immersive web content, says it has raised $3B from an unnamed private investor at a $12.25B valuation  —  Infinite Reality, a company building an engine for creating immersive web content underpinned with WebXR support … Lees verder op Tech Meme

Tim Bradshaw / Financial Times: Niklas Zennström says European startups can thrive by developing apps for US-based AI platforms and believes pessimism about European startups is exaggerated  —  Niklas Zennström believes continent can thrive by developing applications on top of artificial intelligence models Lees verder op Tech Meme

Sotiris Nikas / Bloomberg: JPMorgan files two lawsuits over its investment in fintech Viva Wallet; source: JPM claims €916M, alleging Viva deprived JPM the value of its 2022 investment  —  In a Greek lawsuit the bank is claiming €916 million ($943 million) over allegations that Viva’s chief executive officer … Lees verder op Tech Meme

Richard Lawler / The Verge: Mosseri says Meta is adding recommendations of political content on Instagram and Threads; Threads’ control setting for political content will get three options  —  It’s been nearly a year since Instagram and Threads defaulted to blocking recommendations of “political” content from accounts … Lees verder op Tech Meme