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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

Alibaba's Hong Kong-listed shares jumped 14.6% on February 21 after CEO Eddie Wu said it would invest “aggressively” in AI; Alibaba's HK stock is up 70.36% YTD (Eleanor Olcott/Financial Times) 22-02-2025

Eleanor Olcott / Financial Times: Alibaba’s Hong Kong-listed shares jumped 14.6% on February 21 after CEO Eddie Wu said it would invest “aggressively” in AI; Alibaba’s HK stock is up 70.36% YTD  —  Chinese tech group says it will spend more on artificial intelligence in next three years than over past decade Lees verder op Tech Meme

The Hang Seng Tech Index, which tracks the top 30 Hong Kong-listed tech firms, rose 6.5% on February 21, hitting its highest level since early 2022 (Bloomberg) 22-02-2025

Bloomberg: The Hang Seng Tech Index, which tracks the top 30 Hong Kong-listed tech firms, rose 6.5% on February 21, hitting its highest level since early 2022  —  – Alibaba, Bilibili, Lenovo surge in HK after reporting results  — Xi’s meeting with sector leaders is another catalyst: analyst Lees verder op Tech Meme