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Investor note: 360 One valued Bengaluru-based VerSe, which runs popular news aggregator Dailyhunt, at $2.9B in June 2024, down from its ~$5B valuation in 2022 (Manish Singh/TechCrunch) 30-08-2024

Manish Singh / TechCrunch: Investor note: 360 One valued Bengaluru-based VerSe, which runs popular news aggregator Dailyhunt, at $2.9B in June 2024, down from its ~$5B valuation in 2022  —  Indian tech and media startup VerSe, which operates popular news aggregator Dailyhunt, is worth about 42% below its last private valuation … Lees verder op Tech Meme

Sources: the cryptology part of France's charges against Pavel Durov raises concerns at US tech companies with E2EE messaging apps, like Signal, Apple, and Meta (New York Times) 30-08-2024

New York Times: Sources: the cryptology part of France’s charges against Pavel Durov raises concerns at US tech companies with E2EE messaging apps, like Signal, Apple, and Meta  —  The criminal charges against Pavel Durov, Telegram’s founder, raised concerns in Silicon Valley about encryption and the app’s approach to privacy and security. Lees verder op Tech Meme

Sources: Intel explores options after a 50%+ stock drop YTD, including splitting its product and foundry units and potentially scrapping some factory projects (Bloomberg) 30-08-2024

Bloomberg: Sources: Intel explores options after a 50%+ stock drop YTD, including splitting its product and foundry units and potentially scrapping some factory projects  —  – Once-dominant chipmaker looks to longtime bankers for help  — Possible moves could include split of product, foundry units Lees verder op Tech Meme

Sources: Tencent and NetEase reconsider or scale back Japanese game studio investments, after yielding few hit games and the Chinese market staged a comeback (Takashi Mochizuki/Bloomberg) 30-08-2024

Takashi Mochizuki / Bloomberg: Sources: Tencent and NetEase reconsider or scale back Japanese game studio investments, after yielding few hit games and the Chinese market staged a comeback  —  – China’s biggest game publishers are rethinking expansion plans  — ‘Wukong’ success also encouraged looking domestically for hits Lees verder op Tech Meme

Sources: Amazon's revamped “Remarkable” Alexa, due for release in October 2024, will be powered primarily by Anthropic's Claude, and cost $5 to $10 per month (Greg Bensinger/Reuters) 30-08-2024

Greg Bensinger / Reuters: Sources: Amazon’s revamped “Remarkable” Alexa, due for release in October 2024, will be powered primarily by Anthropic’s Claude, and cost $5 to $10 per month  —  Amazon’s revamped Alexa due for release in October ahead of the U.S. holiday season will be powered primarily … Lees verder op Tech Meme

AnandTech shuts down after covering PC and mobile hardware for over 27 years; publisher Future plans to keep AnandTech's website and articles live indefinitely (Ryan Smith/AnandTech) 30-08-2024

Ryan Smith / AnandTech: AnandTech shuts down after covering PC and mobile hardware for over 27 years; publisher Future plans to keep AnandTech’s website and articles live indefinitely  —  It is with great sadness that I find myself penning the hardest news post I’ve ever needed to write here at AnandTech. Lees verder op Tech Meme