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German chipmaker Infineon plans to spend a further €5B to build more capacity in Malaysia, for a €7B total investment, to capitalize on growing EV chips demand (Patricia Nilsson/Financial Times) 03-08-2023

Patricia Nilsson / Financial Times: German chipmaker Infineon plans to spend a further €5B to build more capacity in Malaysia, for a €7B total investment, to capitalize on growing EV chips demand  —  German chipmaker announces investment but pressure on existing automotive business leads to share price fall Lees verder op Tech Meme

Endor Labs, which offers code and pipeline governance tools, raised a $70M Series A led by Lightspeed, just 10 months after launching (Mike Wheatley/SiliconANGLE) 03-08-2023

Mike Wheatley / SiliconANGLE: Endor Labs, which offers code and pipeline governance tools, raised a $70M Series A led by Lightspeed, just 10 months after launching  —  Code and pipeline governance startup Endor Labs Inc. said today it has closed on a big funding round, reeling in $70 million in an early-stage round led by Lightspeed Venture Partners. Lees verder op Tech Meme

As Dutch e-bike maker VanMoof goes bankrupt, owners of its $2,000+ bikes worry over replacing proprietary parts and losing important app-enabled bike functions (Claire Moses/New York Times) 03-08-2023

Claire Moses / New York Times: As Dutch e-bike maker VanMoof goes bankrupt, owners of its $2,000+ bikes worry over replacing proprietary parts and losing important app-enabled bike functions  —  VanMoof’s sleek electric bikes attracted fans, but the Dutch company’s demise has left owners unable to get repairs and worried that app-enabled functions may stop working. Lees verder op Tech Meme