Andreas Bechtolsheim, the first investor in Google, has an estimated $16 billion fortune. He recently settled charges that he engaged in insider trading for a profit of $415,726.Lees verder op New York Times
Project Maven was meant to revolutionize modern warfare. But the conflict in Ukraine has underscored how difficult it is to get 21st-century data into 19th-century trenches.Lees verder op New York Times
Natasha Lomas / TechCrunch: The EU opens another TikTok investigation to assess whether TikTok Lite’s design, which financially rewards users for watching or liking videos, is “addictive” — The European Union has opened a second formal investigation into TikTok, announcing Monday that it suspects … Lees verder op Tech Meme
Rohan Goswami / CNBC: Cloud data management company Informatica says it is not currently in acquisition talks, after Salesforce’s reported interest in a ~$10B deal; INFA falls 8%+ — Amit Walia, CEO, Informatica at the New York Stock Exchange, October 27, 2021. — Enterprise data management company Informatica … Lees verder op Tech Meme
Scott Stein / CNET: Meta opens up its VR OS, now called Horizon OS, to third parties and says Asus and Lenovo will release Horizon OS-compatible devices; Xbox plans a branded Quest — Meta’s Horizon OS, as it’s now called, will bring Quest-alikes: Asus, Lenovo, and even an Xbox variant are coming. Here’s what to expect. Lees verder op Tech Meme
Connie Loizos / TechCrunch: HR software company Rippling raised a $200M Series F led by Coatue at a $13.5B valuation, up from $11.25B in March 2023, and a separate $590M tender offer — Last week, TechCrunch broke the news that the workforce management software outfit Rippling was on the cusp of closing a new … Lees verder op Tech Meme
Akila Quinio / Financial Times: Revolut plans an ad sales push, expects to derive a “proper chunk” of its revenue from targeted ads, and hires an ex-TikTok executive to lead its media strategy — The London-based fintech has hired a TikTok executive to lead a ‘media strategy’ as it seeks to diversify revenues Lees verder op Tech Meme
Financial Times: Q&A with BCG CEO Christoph Schweizer, who says the consulting firm expects 20% of its 2024 revenue and 40% of its 2026 revenue to come via helping integrate AI — CEO projects share of sales will double as companies integrate technology into operations Lees verder op Tech Meme
Financial Times: A look at Jeff Yass’ Susquehanna International Group, which has a ~15% ByteDance stake worth ~$40B and has invested $3.5B+ across 350+ deals in China since 2005 — Investor’s Susquehanna International Group owns estimated $40bn stake in parent company ByteDance as app faces potential ban Lees verder op Tech Meme
Financial Times: Q&A with BCG CEO Christoph Schweizer, who says the consulting firm expects 20% of its 2024 and 40% of its 2026 revenue will come from helping firms integrate AI — CEO projects share of sales will double as companies integrate technology into operations Lees verder op Tech Meme