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Nimble, which helps companies automate their warehouses using logistics robots, raised a $65M Series B led by Cedar Pine, bringing its total funding to $115M (Brian Heater/TechCrunch) 16-03-2023

Brian Heater / TechCrunch: Nimble, which helps companies automate their warehouses using logistics robots, raised a $65M Series B led by Cedar Pine, bringing its total funding to $115M  —  There’s a long-standing debate in the world of logistics robotics.  On one side stand the greenfield folk, who insist … Lees verder op Tech Meme

In a presentation about the new Copilot features, Microsoft acknowledges AI's tendency to produce inaccurate responses but says the tech can be “usefully wrong” (Jonathan Vanian/CNBC) 16-03-2023

Jonathan Vanian / CNBC: In a presentation about the new Copilot features, Microsoft acknowledges AI’s tendency to produce inaccurate responses but says the tech can be “usefully wrong”  —  – Microsoft debuted ChatGPT-like features dubbed Copilot that will eventually come to its business apps like Word and Excel. Lees verder op Tech Meme

Pornhub owner MindGeek is acquired by PE firm Ethical Capital Partners; MindGeek had $460M in 2018 revenue, and sources say it had ~50% profit margins at times (Patricia Nilsson/Financial Times) 16-03-2023

Patricia Nilsson / Financial Times: Pornhub owner MindGeek is acquired by PE firm Ethical Capital Partners; MindGeek had $460M in 2018 revenue, and sources say it had ~50% profit margins at times  —  MindGeek acquired by Ethical Capital Partners for undisclosed sum  —  MindGeek, one of the world’s largest … Lees verder op Tech Meme

The Arbitrum Foundation, which develops the Ethereum Layer 2 network Arbitrum, plans to airdrop its long-awaited ARB token on March 23 and transition to a DAO (Sam Kessler/CoinDesk) 16-03-2023

Sam Kessler / CoinDesk: The Arbitrum Foundation, which develops the Ethereum Layer 2 network Arbitrum, plans to airdrop its long-awaited ARB token on March 23 and transition to a DAO  —  The long-awaited ARB token will grant holders the ability to vote on changes to the leading Ethereum layer 2 network. Lees verder op Tech Meme

NYC-based Via plans to acquire London-based Citymapper, which has ~50M users globally and raised $59.5M; sources: investors mostly won't make their money back (TechCrunch) 16-03-2023

TechCrunch: NYC-based Via plans to acquire London-based Citymapper, which has ~50M users globally and raised $59.5M; sources: investors mostly won’t make their money back  —  Last month, when transportation startup Via raised $110 million at a $3.5 billion valuation, CEO Daniel Ramot said it planned … Lees verder op Tech Meme

Twitch CEO Emmett Shear steps down after 16 years at the company, replaced by president Dan Clancy, effective immediately; Shear is a Justin.tv co-founder (Taylor Hatmaker/TechCrunch) 16-03-2023

Taylor Hatmaker / TechCrunch: Twitch CEO Emmett Shear steps down after 16 years at the company, replaced by president Dan Clancy, effective immediately; Shear is a Justin.tv co-founder  —  After serving as its chief executive for more than a decade, Twitch CEO Emmett Shear will take a step back at the company. Lees verder op Tech Meme

YouTube raises YouTube TV's price by $8 to $72.99/month, citing a rise in “content costs”, effective for new users on March 16 and existing users on April 18 (Aisha Malik/TechCrunch) 16-03-2023

Aisha Malik / TechCrunch: YouTube raises YouTube TV’s price by $8 to $72.99/month, citing a rise in “content costs”, effective for new users on March 16 and existing users on April 18  —  YouTube has announced that it’s raising the price of its YouTube TV subscription to $72.99 per month. Lees verder op Tech Meme

Peter Thiel says he had $50M in a personal account at SVB when it went under, even after Founders Fund warned portfolio companies that the bank was at risk (George Hammond/Financial Times) 16-03-2023

George Hammond / Financial Times: Peter Thiel says he had $50M in a personal account at SVB when it went under, even after Founders Fund warned portfolio companies that the bank was at risk  —  Prominent investor’s Founders Fund among those that had warned about US bank’s risks ahead of its collapse Lees verder op Tech Meme