Bloomberg: German chipmaker Infineon cuts its revenue forecast in the year to September 2024 to €15.1B, below €15.7B est., signaling automotive chip demand remains weak  —  – Revenue projected to fall to €14.7 billion from €15.5 billion  — Demand from carmakers is growing at slower rate than expected Lees verder op Tech Meme

Aisha S Gani / Bloomberg: UK banking app Revolut launches Revolut X, a crypto trading service to let “experienced traders” buy and sell 100+ different tokens, with 0% to 0.09% fees  —  The new platform, called Revolut X, will allow “experienced traders” to buy and sell over 100 different tokens, according to a statement on Tuesday. Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: Akamai agrees to acquire Noname Security, which finds and fixes API vulnerabilities, for ~$450M, closing in Q2 2024; Noname was valued at $1B in December 2021  —  A couple of weeks ago, TechCrunch broke the news that Akamai was in discussions to acquire Noname Security, a specialist in API security, for around $500 million. Lees verder op Tech Meme

Nqobile Dludla / Reuters: Amazon launches its online store in South Africa, offering same-day and next-day delivery and 3,000+ pickup points, challenging local rivals like Takealot.com  —  Amazon (AMZN.O) launched its online shopping service in South Africa on Tuesday, challenging a number of online retailers dominated by Naspers’ (NPNJn.J) Takealot.com. Lees verder op Tech Meme

Andrew J. Hawkins / The Verge: Instacart partners with Uber Eats to expand into restaurant takeout, offering deliveries powered by Uber via Instacart’s app or website in the coming weeks  —  Grocery delivery service Instacart is expanding into restaurant takeout thanks to a new partnership with Uber Eats. Lees verder op Tech Meme