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Sensor Tower: Threads' DAUs fell to 8M on July 31, down 82% from launch; daily average time spent fell to 2.9 minutes/day on August 1, down from 19 at launch (Brian Fung/CNN) 03-08-2023

Brian Fung / CNN: Sensor Tower: Threads’ DAUs fell to 8M on July 31, down 82% from launch; daily average time spent fell to 2.9 minutes/day on August 1, down from 19 at launch  —  Threads, Meta’s Twitter rival, is struggling to retain users roughly a month after its highly publicized launch … Lees verder op Tech Meme

After Dutch e-bike maker VanMoof declared bankruptcy, owners of its $2,000+ bikes worry about replacing proprietary parts and losing app-enabled bike functions (Claire Moses/New York Times) 03-08-2023

Claire Moses / New York Times: After Dutch e-bike maker VanMoof declared bankruptcy, owners of its $2,000+ bikes worry about replacing proprietary parts and losing 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

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

Patricia Nilsson / Financial Times: Germany-based chipmaker Infineon plans to spend a further €5B to build more capacity in Malaysia, for a €7B total investment, betting on growing EV chip 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 to measure risk, raised a $70M Series A led by Lightspeed, after exiting stealth in October 2022 (Mike Wheatley/SiliconANGLE) 03-08-2023

Mike Wheatley / SiliconANGLE: Endor Labs, which offers code and pipeline governance tools to measure risk, raised a $70M Series A led by Lightspeed, after exiting stealth in October 2022  —  Code and pipeline governance startup Endor Labs Inc. said today it has closed on a big funding round, reeling in $70 million … Lees verder op Tech Meme

Coinbase plans to launch Base, its Layer 2 blockchain built on Optimism's OP Stack, to the public on August 9 and releases a bridge between Base and Ethereum (Vishal Chawla/The Block) 03-08-2023

Vishal Chawla / The Block: Coinbase plans to launch Base, its Layer 2 blockchain built on Optimism’s OP Stack, to the public on August 9 and releases a bridge between Base and Ethereum  —  – Coinbase released a bridge between its Base network and Ethereum.  — The public launch of Base is set for August 9, making it accessible to everyone. Lees verder op Tech Meme

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

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