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Cambridge, UK-based Pragmatic Semiconductor, which develops and manufactures flexible integrated circuits, raised £182M at a ~£500M post-money valuation (Tim Bradshaw/Financial Times) 06-12-2023

Tim Bradshaw / Financial Times: Cambridge, UK-based Pragmatic Semiconductor, which develops and manufactures flexible integrated circuits, raised £182M at a ~£500M post-money valuation  —  The £182mn financing sets Cambridge-based group on track to become Britain’s biggest semiconductor supplier by volume Lees verder op Tech Meme

San Diego-based self-driving trucking company TuSimple plans to shutter its US business, laying off 150, or 75% of its US staff, and move its business to China (Heather Somerville/Wall Street Journal) 06-12-2023

Heather Somerville / Wall Street Journal: San Diego-based self-driving trucking company TuSimple plans to shutter its US business, laying off 150, or 75% of its US staff, and move its business to China  —  Self-driving trucking company will continue to operate out of China  —  Self-driving trucking company TuSimple Holdings … Lees verder op Tech Meme

Sources: the EU leans toward excluding iMessage from DMA rules due to not being popular enough among business users, part of an investigation ending in February (Samuel Stolton/Bloomberg) 06-12-2023

Samuel Stolton / Bloomberg: Sources: the EU leans toward excluding iMessage from DMA rules due to not being popular enough among business users, part of an investigation ending in February  —  – EU tentatively finds it doesn’t warrant being covered by DMA  — New antitrust law imposes raft of Big Tech dos and don’ts Lees verder op Tech Meme

New Mexico sues Meta, alleging the company let Facebook and Instagram “become a marketplace for predators in search of children”, and blames Mark Zuckerberg (Wall Street Journal) 06-12-2023

Wall Street Journal: New Mexico sues Meta, alleging the company let Facebook and Instagram “become a marketplace for predators in search of children”, and blames Mark Zuckerberg  —  State investigators’ test accounts with AI-generated photos were deluged with sexual propositions and adult sex content … Lees verder op Tech Meme