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Latin American e-commerce giant MercadoLibre's stock reached a record high on February 21 after it reported a record $639M net income on $6.1B in revenue in Q4 (Daniel Cancel/Bloomberg) 22-02-2025

Daniel Cancel / Bloomberg: Latin American e-commerce giant MercadoLibre’s stock reached a record high on February 21 after it reported a record $639M net income on $6.1B in revenue in Q4  —  – Latin America e-commerce, fintech giant blows away estimates  — MercadoLibre extends lead as most valuable Latin American firm Lees verder op Tech Meme

Some physicists are skeptical about Microsoft's claims of achieving a quantum computing breakthrough with Majorana 1, citing the lack of detailed evidence (Davide Castelvecchi/Scientific American) 22-02-2025

Davide Castelvecchi / Scientific American: Some physicists are skeptical about Microsoft’s claims of achieving a quantum computing breakthrough with Majorana 1, citing the lack of detailed evidence  —  With its ‘topological’ quantum computers, Microsoft aims to reach useful scales faster than competing technologies Lees verder op Tech Meme

Renaissance Capital: 12 of 40 fintech firms that went public in the US since 2020 have given positive investor returns; only Shift4 and AppLovin are profitable (Lucinda Shen/Axios) 22-02-2025

Lucinda Shen / Axios: Renaissance Capital: 12 of 40 fintech firms that went public in the US since 2020 have given positive investor returns; only Shift4 and AppLovin are profitable  —  All topics  —  Situational awareness: OpenAI co-founder Ilya Sutskever is raising over $1 billion for his startup Safe Superintelligence … Lees verder op Tech Meme

The US SEC approves a yield-bearing stablecoin by Figure Markets, which Figure says is the first yield-bearing stablecoin registered as a security with the SEC (Olga Kharif/Bloomberg) 22-02-2025

Olga Kharif / Bloomberg: The US SEC approves a yield-bearing stablecoin by Figure Markets, which Figure says is the first yield-bearing stablecoin registered as a security with the SEC  —  – YLDs stablecoin from Figure Markets receives SEC registration  — Assets that earn a return are usually consider a security Lees verder op Tech Meme

Lumotive, whose optical semiconductor tech can “steer” laser light and is an alternative to lidar, raised a $45M Series B co-led by Gates Frontier and MetaVC (Taylor Soper/GeekWire) 22-02-2025

Taylor Soper / GeekWire: Lumotive, whose optical semiconductor tech can “steer” laser light and is an alternative to lidar, raised a $45M Series B co-led by Gates Frontier and MetaVC  —  GeekWire’s startup coverage documents the Pacific Northwest entrepreneurial scene.  Sign up for our weekly startup newsletter … Lees verder op Tech Meme