Dean Takahashi / VentureBeat: PitchBook and NVCA report: US VC investments in Q1 2024 hit $36.6B, lowest since 2017, across 2,882 deals, down YoY from $51.6B across 4,026 deals  —  In the first quarter, deal value for U.S. VC investments hit $36.6 billion across 2,882 deals, down from $51.6 billion across 4,026 deals a year earlier, according to a new report. Lees verder op Tech Meme

New York Times: An interview with Oren Etzioni, the former CEO of Allen Institute for AI, on his nonprofit TrueMedia.org, which offers free tools for identifying deepfakes  —  Oren Etzioni worries A.I.-generated fakes could overwhelm upcoming elections.Kyle Johnson for The New York Times Lees verder op Tech Meme

Zeyi Yang / MIT Technology Review: Boosted by Taiwan’s 2024 elections, Threads has revived its popularity in the country, where it’s the most downloaded social app according to Sensor Tower  —  For most people around the world, Meta’s text-based social network Threads is a platform that they haven’t thought of for months. Lees verder op Tech Meme

George Hammond / Financial Times: PitchBook: VCs raised $30.4B globally in Q1 2024, a marked slowdown from 2023, which itself was the worst year since 2016, suggesting the end of “megafunds” era  —  Data shows a ‘sustained slowdown’ has persisted in the first quarter of 2024 as a lack of exit options weighs on fundraising efforts Lees verder op Tech Meme

Dean Takahashi / VentureBeat: Newzoo: PC and console game revenues grew 2.6% YoY to $93.5B in 2023, but average quarterly playtime hours fell 26% from Q1 2021 through Q4 2023  —  The PC and console market grew 2.6% in 2023, but playtime hours fell during the year, according to the second annual report on the market-by-market researcher Newzoo. Lees verder op Tech Meme

Granth Vanaik / Reuters: PE firm Clayton Dubilier & Rice agrees to buy a majority ownership of IT services provider Presidio from BC Partners; sources: deal could value Presidio at $4B+  —  U.S. private equity firm Clayton Dubilier & Rice (CD&R) said on Tuesday it had agreed to acquire a majority ownership position … Lees verder op Tech Meme

Michael Nuñez / VentureBeat: Read AI, which uses generative AI to summarize meetings, emails, and other messages, raised a $21M Series A led by Goodwater Capital  —  Read AI, a leader in AI-powered meeting summaries, today announced a $21 million Series A financing round led by Goodwater Capital, with participation from existing investor Madrona Venture Group. Lees verder op Tech Meme

Russ Cox / research!rsc: A timeline of the attack on open-source project XZ Utils, which began in late 2021 and led to a backdoor with RCE in Linux distros from Debian, Red Hat, others  —  Over a period of over two years, an attacker using the name “Jia Tan” worked as a diligent, effective contributor to the xz compression library … Lees verder op Tech Meme