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Global venture funding rose 3% YoY to ~$314B in 2024; venture funding to US companies totaled $178B, out of which $90B was invested in Bay Area startups (Gené Teare/Crunchbase News) 08-01-2025

Gené Teare / Crunchbase News: Global venture funding rose 3% YoY to ~$314B in 2024; venture funding to US companies totaled $178B, out of which $90B was invested in Bay Area startups  —  Global venture funding in 2024 edged above 2023’s totals, with AI showing the biggest leap in amounts year to year. Lees verder op Tech Meme

Dublin-based payments startup NomuPay, formed in 2023 from some of Wirecard's regional payment licenses, raised a $37M Series B at a $200M valuation (Ingrid Lunden/TechCrunch) 08-01-2025

Ingrid Lunden / TechCrunch: Dublin-based payments startup NomuPay, formed in 2023 from some of Wirecard’s regional payment licenses, raised a $37M Series B at a $200M valuation  —  Wirecard, a German fintech that raised hundreds of millions of dollars only to collapse in 2020 in a sea of scandal and insolvency … Lees verder op Tech Meme

Akamai plans to end its CDN services in China on June 30, 2026, saying customers can move to an Akamai CDN outside China or use local providers like Tencent (Simon Sharwood/The Register) 08-01-2025

Simon Sharwood / The Register: Akamai plans to end its CDN services in China on June 30, 2026, saying customers can move to an Akamai CDN outside China or use local providers like Tencent  —  Akamai has decided to end its content delivery network services in China, but not because it’s finding it hard to do business in the Middle Kingdom. Lees verder op Tech Meme

Indonesia says Apple can't sell its iPhone 16 in the country yet, despite a deal to build a local production facility, as it hasn't met domestic content rules (Bernadette Christina/Reuters) 08-01-2025

Bernadette Christina / Reuters: Indonesia says Apple can’t sell its iPhone 16 in the country yet, despite a deal to build a local production facility, as it hasn’t met domestic content rules  —  Apple (AAPL.O) still cannot sell its iPhone 16 in Indonesia despite striking a deal to build a local production facility there … Lees verder op Tech Meme

Magnitt: VC funding in the Middle East fell 29% YoY to $1.5B in 2024, with Saudi Arabia accounting for $750M, down 44% YoY, while the UAE saw $613M, down 8% YoY (Fahad Abuljadayel/Bloomberg) 08-01-2025

Fahad Abuljadayel / Bloomberg: Magnitt: VC funding in the Middle East fell 29% YoY to $1.5B in 2024, with Saudi Arabia accounting for $750M, down 44% YoY, while the UAE saw $613M, down 8% YoY  —  – VC funding in the Middle East fell 29% in 2024: Magnitt  — Saudi Arabia continues to lead the region in deal values Lees verder op Tech Meme

Global venture funding rose 3% YoY to ~$314B in 2024; venture funding to US companies totaled $178B, out of which $90B was invested in Bay Area startups (Gené Teare/Crunchbase News) 08-01-2025

Gené Teare / Crunchbase News: Global venture funding rose 3% YoY to ~$314B in 2024; venture funding to US companies totaled $178B, out of which $90B was invested in Bay Area startups  —  Global venture funding in 2024 edged above 2023’s totals, with AI showing the biggest leap in amounts year to year. Lees verder op Tech Meme

Inside Naver's 1784, a 36-level office tower in Seoul, which has ~4,500 employees working with 120 robots and serves as a testbed for various AI technologies (Saritha Rai/Bloomberg) 08-01-2025

Saritha Rai / Bloomberg: Inside Naver’s 1784, a 36-level office tower in Seoul, which has ~4,500 employees working with 120 robots and serves as a testbed for various AI technologies  —  An office building called 1784 on the outskirts of Seoul offers a glimpse into the robotic future that artificial intelligence developers say is just around the corner. Lees verder op Tech Meme