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Starling Bank CEO Anne Boden steps down and COO John Mountain steps up as interim CEO; Starling, which has raised $1B+, reports FY revenue up 110% YoY to £453M (Ingrid Lunden/TechCrunch) 25-05-2023

Ingrid Lunden / TechCrunch: Starling Bank CEO Anne Boden steps down and COO John Mountain steps up as interim CEO; Starling, which has raised $1B+, reports FY revenue up 110% YoY to £453M  —  Anne Boden nearly lost a grip on Starling Bank years ago when the neobank was in the middle of a coup effort led by its CTO … Lees verder op Tech Meme

A look at Disney and Comcast's Hulu fight; sources say their Hulu valuations vary by tens of billions, they're in arbitration, and Comcast stopped funding Hulu (Wall Street Journal) 25-05-2023

Wall Street Journal: A look at Disney and Comcast’s Hulu fight; sources say their Hulu valuations vary by tens of billions, they’re in arbitration, and Comcast stopped funding Hulu  —  Parent companies are in final phase of battle marked by legal threats, broken promises and secret arbitration Lees verder op Tech Meme

Florida-based Nymbus, which offers tools for banks to migrate their legacy stacks and help launch neobanks, raised a $70M Series D led by Insight Partners (Kyle Wiggers/TechCrunch) 25-05-2023

Kyle Wiggers / TechCrunch: Florida-based Nymbus, which offers tools for banks to migrate their legacy stacks and help launch neobanks, raised a $70M Series D led by Insight Partners  —  Nymbus, a startup that partners with banks to migrate their legacy stack and launch neobanks to attract new customers … Lees verder op Tech Meme

Alibaba pushes back on reports of layoffs, saying it plans to hire 15,000 workers in 2023 across its six major divisions, including 3,000 university graduates (Aggi Cantrill/Bloomberg) 25-05-2023

Aggi Cantrill / Bloomberg: Alibaba pushes back on reports of layoffs, saying it plans to hire 15,000 workers in 2023 across its six major divisions, including 3,000 university graduates  —  Alibaba Group Holding Ltd. said it plans to hire 15,000 people this year, pushing back on reports that the Chinese tech firm is laying off employees. Lees verder op Tech Meme

YouTube plans to shut down Stories on June 26, 2023, as the company focuses on other key areas, like Shorts, Community posts, and live videos (Sarah Perez/TechCrunch) 25-05-2023

Sarah Perez / TechCrunch: YouTube plans to shut down Stories on June 26, 2023, as the company focuses on other key areas, like Shorts, Community posts, and live videos  —  Stories are over — at least on YouTube, that is.  The Google-owned video site announced today that YouTube Stories will be shutting down on June 26 … Lees verder op Tech Meme