Rashi Shrivastava / Forbes: New York-based Captions, an AI-powered video editing app, raised a $25M Series B led by Kleiner Perkins, bringing its total funding to $40M at a $250M valuation  —  The video editing software, designed for “talking videos,” has been used by 3 million creators to date and stands at a $250 million valuation. Lees verder op Tech Meme

Kaya Yurieff / The Information: TikTok COO Vanessa Pappas steps down after five years at the company to refocus on “entrepreneurial passions”  —  TikTok’s Chief Operating Officer V. Pappas has quit, Pappas told staff on Thursday, according to an email viewed by The Information. Lees verder op Tech Meme

Anton Shilov / AnandTech: Argonne and Intel say they installed the Aurora supercomputer, announced in 2015, which will come online later in 2023 with 2 ExaFLOPS of processing power  —  Argonne National Laboratory and Intel said on Thursday that they had installed all 10,624 blades for the Aurora supercomputer … Lees verder op Tech Meme

Rebekah Valentine / IGN: Filing: Microsoft says Xbox “lost the console wars”, with a 16% share of console sales in 2021, behind Nintendo and PlayStation, and a 21% installed base share  —  Xbox “in third place” behind PlayStation and Nintendo, with a sales market share of 16%. Lees verder op Tech Meme