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Ride-hailing service inDrive, whose gross revenue increased 88% in 2022, raised $150M in debt that links repayment to its performance from General Catalyst (Jake Rudnitsky/Bloomberg) 21-02-2023

Jake Rudnitsky / Bloomberg: Ride-hailing service inDrive, whose gross revenue increased 88% in 2022, raised $150M in debt that links repayment to its performance from General Catalyst  —  InDrive, the second-most downloaded ride-hailing app in the world, raised $150 million using an unusual debt instrument that links repayment to the company’s performance. Lees verder op Tech Meme

Linus Torvalds releases Linux 6.2, the first mainstream Linux kernel to support Apple's M1 chips, which is expected to become Ubuntu 23.04's default kernel (Steven Vaughan-Nichols/ZDNet) 21-02-2023

Steven Vaughan-Nichols / ZDNet: Linus Torvalds releases Linux 6.2, the first mainstream Linux kernel to support Apple’s M1 chips, which is expected to become Ubuntu 23.04’s default kernel  —  Linux 6.2 was released yesterday, and Linus Torvalds described the latest Linux kernel release as, “Maybe it’s not a sexy LTS release … Lees verder op Tech Meme

Mumbai-based Mintoak, which lets banks deploy and scale services like payments and lending to their SMB customers, raised a $20M Series A led by PayPal Ventures (Bhavya Dilipkumar/Moneycontrol) 21-02-2023

Bhavya Dilipkumar / Moneycontrol: Mumbai-based Mintoak, which lets banks deploy and scale services like payments and lending to their SMB customers, raised a $20M Series A led by PayPal Ventures  —  The startup plans to use the raised capital to ramp up its tech stack and double down on the existing product portfolio. Lees verder op Tech Meme

FTX Japan will resume crypto and fiat withdrawals from February 21, 2023 through its crypto exchange Liquid Japan; FTX acquired Liquid in 2022 (Osato Avan-Nomayo/The Block) 21-02-2023

Osato Avan-Nomayo / The Block: FTX Japan will resume crypto and fiat withdrawals from February 21, 2023 through its crypto exchange Liquid Japan; FTX acquired Liquid in 2022  —  – FTX Japan will begin processing withdrawals for customers from tomorrow.  — The company is also looking to resume other business operations. Lees verder op Tech Meme

India and Singapore link their digital payment systems, UPI and PayNow, to enable instant payments between the two countries with an initial cap of S$1K per day (Manish Singh/TechCrunch) 21-02-2023

Manish Singh / TechCrunch: India and Singapore link their digital payment systems, UPI and PayNow, to enable instant payments between the two countries with an initial cap of S$1K per day  —  India and Singapore have linked their digital payments systems, UPI and PayNow, to enable instant and low-cost fund transfers … Lees verder op Tech Meme

A January 2023 survey of 300 HR leaders at US companies revealed that 98% of them say software and algorithms will help them make layoff decisions this year (Pranshu Verma/Washington Post) 21-02-2023

Pranshu Verma / Washington Post: A January 2023 survey of 300 HR leaders at US companies revealed that 98% of them say software and algorithms will help them make layoff decisions this year  —  As layoffs ravage the tech industry, algorithms once used to help hire could now be deciding who gets cut Lees verder op Tech Meme

Microsoft President Brad Smith says the company signed a binding, 10-year contract to bring Call of Duty games to Nintendo consoles on the same day as Xbox (Taylor Soper/GeekWire) 21-02-2023

Taylor Soper / GeekWire: Microsoft President Brad Smith says the company signed a binding, 10-year contract to bring Call of Duty games to Nintendo consoles on the same day as Xbox  —  Microsoft’s deal with Nintendo to bring “Call of Duty” games to Nintendo systems — if Microsoft’s proposed $68.7 billion acquisition … Lees verder op Tech Meme

Ampere: streamers will spend $8.5B on sports rights across 17 countries in 2023, up 64% YoY; DAZN accounted for 54% of streamers' 2022 sports rights spending (Karlene Lukovitz/MediaPost) 21-02-2023

Karlene Lukovitz / MediaPost: Ampere: streamers will spend $8.5B on sports rights across 17 countries in 2023, up 64% YoY; DAZN accounted for 54% of streamers’ 2022 sports rights spending  —  Subscription OTT services’ global spend on sports rights in 17 major markets around the world will reach $8.5 billion in 2023 — up 64% versus 2022, projects Ampere Analysis. Lees verder op Tech Meme

Apple launches an unlisted Car Key Tests app on the App Store, letting manufacturers test integration with Apple's Car Key feature, announced in July 2020 (Chance Miller/9to5Mac) 21-02-2023

Chance Miller / 9to5Mac: Apple launches an unlisted Car Key Tests app on the App Store, letting manufacturers test integration with Apple’s Car Key feature, announced in July 2020  —  Apple’s Car Key feature was originally announced in July 2020 as a way to unlock your car using the Wallet app on your iPhone. Lees verder op Tech Meme