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OneTrust, which offers enterprise privacy and data governance tools, raised $150M led by Al Gore's GIM at a $4.5B valuation, down 18% from its 2021 valuation (Lizette Chapman/Bloomberg) 24-07-2023

Lizette Chapman / Bloomberg: OneTrust, which offers enterprise privacy and data governance tools, raised $150M led by Al Gore’s GIM at a $4.5B valuation, down 18% from its 2021 valuation  —  The privacy software startup’s valuation fell to $4.5 billion as private market malaise lingers. Lees verder op Tech Meme

SoftBank and Symbotic create GreenBox Systems, an AI warehousing joint venture, and plan to invest $100M and buy $7.5B of Symbotic's AI warehouse systems (Bloomberg) 24-07-2023

Bloomberg: SoftBank and Symbotic create GreenBox Systems, an AI warehousing joint venture, and plan to invest $100M and buy $7.5B of Symbotic’s AI warehouse systems  —  SoftBank and Symbotic are investing a combined $100 million to establish the joint venture, which will be called GreenBox Systems LLC … Lees verder op Tech Meme

The previous big strikes reshaped Hollywood and fueled reality TV's rise; the current ones will likely turn established actors into TikTok stars and vice versa (Washington Post) 24-07-2023

Washington Post: The previous big strikes reshaped Hollywood and fueled reality TV’s rise; the current ones will likely turn established actors into TikTok stars and vice versa  —  The last big strikes reshaped the movie business and fueled the rise of reality TV.  The latest walkout likely … Lees verder op Tech Meme

Sources: Apple asks suppliers to produce about 85M iPhone 15 units in 2023, only slightly below 2021 and 2022's 90M target, and considers raising 15 Pro prices (Bloomberg) 24-07-2023

Bloomberg: Sources: Apple asks suppliers to produce about 85M iPhone 15 units in 2023, only slightly below 2021 and 2022’s 90M target, and considers raising 15 Pro prices  —  – Apple targets 85 million units, roughly in line with last year  — Its fortunes affects thousands of firms, millions of workers Lees verder op Tech Meme

IBM Security survey of 533 global organizations in the year to March 2023: average data breach costs rose 15% YoY to $4.45M and only ~33% were detected in-house (Duncan Riley/SiliconANGLE) 24-07-2023

Duncan Riley / SiliconANGLE: IBM Security survey of 533 global organizations in the year to March 2023: average data breach costs rose 15% YoY to $4.45M and only ~33% were detected in-house  —  A new report from IBM Security today finds that the relentless rise in data breach costs continues unabated in 2023 … Lees verder op Tech Meme

Spotify confirms raising US Premium to $10.99/month, up from $9.99, the first increase since its US launch in 2011; Duo rises by $2, Family and Student by $1 (Jon Porter/The Verge) 24-07-2023

Jon Porter / The Verge: Spotify confirms raising US Premium to $10.99/month, up from $9.99, the first increase since its US launch in 2011; Duo rises by $2, Family and Student by $1  —  After 12 years, the price of Spotify Premium is increasing in the US.  The subscription will now cost $10.99 a month, the company announced today. Lees verder op Tech Meme

A profile of Moxie Marlinspike and Signal, from copying WhatsApp's UX to pioneering E2EE, and its aim to reach “everyone on the planet” while upholding privacy (Kai Ye/Wired) 24-07-2023

Kai Ye / Wired: A profile of Moxie Marlinspike and Signal, from copying WhatsApp’s UX to pioneering E2EE, and its aim to reach “everyone on the planet” while upholding privacy  —  The privacy-focused messaging app arose from a fringe culture that emphasized individual autonomy and skepticism of authority. Lees verder op Tech Meme