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SoftBank acquires a 51% stake in Dublin-based Cubic Telecom, which offers software-based networking for 17M+ vehicles, for €473M, valuing Cubic at €927M (Ingrid Lunden/TechCrunch) 05-12-2023

Ingrid Lunden / TechCrunch: SoftBank acquires a 51% stake in Dublin-based Cubic Telecom, which offers software-based networking for 17M+ vehicles, for €473M, valuing Cubic at €927M  —  Automakers and technology companies are building ever-more sophisticated digital platforms into the future generations of cars and other vehicles. Lees verder op Tech Meme

The European Commission approves up to €1.2B of state aid for a European cloud computing project, the IPCEI CIS, matched with €1.4B in private investments (Sudip Kar-Gupta/Reuters) 05-12-2023

Sudip Kar-Gupta / Reuters: The European Commission approves up to €1.2B of state aid for a European cloud computing project, the IPCEI CIS, matched with €1.4B in private investments  —  The European Commission approved on Tuesday up to 1.2 billion euros ($1.30 billion) of state aid for a European cloud computing project … Lees verder op Tech Meme

Tesla whistleblower Łukasz Krupski says Autopilot is not safe to use on public roads due to its hardware and software not being “ready” (BBC) 05-12-2023

BBC: Tesla whistleblower Łukasz Krupski says Autopilot is not safe to use on public roads due to its hardware and software not being “ready”  —  A former Tesla employee has told the BBC he believes the technology powering the firm’s self-driving vehicles is not safe enough to be used on public roads. Lees verder op Tech Meme

OnePlus launches the OnePlus 12 in China, offering up to 24GB of RAM and 1TB of storage, 100W wired charging, for ~$606, ahead of an “early 2024” global launch (Jon Porter/The Verge) 05-12-2023

Jon Porter / The Verge: OnePlus launches the OnePlus 12 in China, offering up to 24GB of RAM and 1TB of storage, 100W wired charging, for ~$606, ahead of an “early 2024” global launch  —  OnePlus has officially launched the OnePlus 12 in China, and its highest-specced model comes with more RAM … Lees verder op Tech Meme

Israeli data privacy and governance startup Mine, which counts Reddit and HelloFresh as clients, raised a $30M Series B led by Battery Ventures and PayPal (Globes Online) 05-12-2023

Globes Online: Israeli data privacy and governance startup Mine, which counts Reddit and HelloFresh as clients, raised a $30M Series B led by Battery Ventures and PayPal  —  Mine, which develops B2B and B2C solutions in the field of data privacy, and governance, has 150 customers including Reddit, HelloFresh SE, Fender, Guesty, Snappy, and Data.ai. Lees verder op Tech Meme