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Munich-based Helsing, which makes software for European armies, raised €209M led by General Catalyst; Saab paid €75M for a 5% stake, implying a €1.5B valuation (Financial Times) 14-09-2023

Financial Times: Munich-based Helsing, which makes software for European armies, raised €209M led by General Catalyst; Saab paid €75M for a 5% stake, implying a €1.5B valuation  —  €209mn deal is latest example of sector defying VC downturn amid Ukraine war, and rising tensions between China and west Lees verder op Tech Meme

Google plans to offer Chromebook software updates for up to 10 years, starting in 2024, so no current device expires within the next two years, to help schools (Nicole Nguyen/Wall Street Journal) 14-09-2023

Nicole Nguyen / Wall Street Journal: Google plans to offer Chromebook software updates for up to 10 years, starting in 2024, so no current device expires within the next two years, to help schools  —  With the change, no existing Chromebook will have to expire within the next two years  —  Google is working to push … Lees verder op Tech Meme

Unity cancels a town hall and closes two offices after receiving what the company says was a credible death threat, following huge backlash to its install fees (Jason Schreier/Bloomberg) 14-09-2023

Jason Schreier / Bloomberg: Unity cancels a town hall and closes two offices after receiving what the company says was a credible death threat, following huge backlash to its install fees  —  Management announced a controversial pricing decision two days ago  —  Unity Technologies Inc. canceled a planned town hall … Lees verder op Tech Meme

Arm opens up 10% to ~$56 in its Nasdaq debut, valuing the company at $59.9B, after pricing shares at the upper end of its expected $47 to $51 range (CNBC) 14-09-2023

CNBC: Arm opens up 10% to ~$56 in its Nasdaq debut, valuing the company at $59.9B, after pricing shares at the upper end of its expected $47 to $51 range  —  – Arm Holdings has started trading on the Nasdaq under the ticker “ARM.”  —  SoftBank CFO Yoshimitsu Goto and Arm Holdings CEO Rene Haas pose … Lees verder op Tech Meme

Day two of Google's trial: Apple complained the DOJ may have violated confidentiality rules, after the DOJ said Google paid Apple $4B to $7B for search in 2020 (Washington Post) 14-09-2023

Washington Post: Day two of Google’s trial: Apple complained the DOJ may have violated confidentiality rules, after the DOJ said Google paid Apple $4B to $7B for search in 2020  —  Protection of trade secrets versus transparency has been a major debate between Google and activists in the case Lees verder op Tech Meme

How Instacart CEO Fidji Simo helped find new revenue streams for the company, including via expanding its ads and software, which made $406M in H1 2023 revenue (New York Times) 14-09-2023

New York Times: How Instacart CEO Fidji Simo helped find new revenue streams for the company, including via expanding its ads and software, which made $406M in H1 2023 revenue  —  As it prepares to go public next week, Instacart shows that one secret to making money as a gig economy company is to become an advertising company. Lees verder op Tech Meme