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Germany and US authorities seize up to €44M from ChipMixer and shut down its crypto mixer, alleging the service enabled the laundering of 152K BTC since 2017 (Jamie Crawley/CoinDesk) 15-03-2023

Jamie Crawley / CoinDesk: Germany and US authorities seize up to €44M from ChipMixer and shut down its crypto mixer, alleging the service enabled the laundering of 152K BTC since 2017  —  National authorities took down the platform’s infrastructure, seizing four servers and 7 terabytes of data. Lees verder op Tech Meme

Adobe reports Q1 revenue up 9% YoY to $4.66B, vs. $4.62B est., Digital Media revenue up 9% YoY to $3.4B, and Digital Experience revenue up 11% YoY to $1.18B (Jordan Novet/CNBC) 15-03-2023

Jordan Novet / CNBC: Adobe reports Q1 revenue up 9% YoY to $4.66B, vs. $4.62B est., Digital Media revenue up 9% YoY to $3.4B, and Digital Experience revenue up 11% YoY to $1.18B  —  – Adobe increased its projections for income and net new recurring revenue from its Digital Media business for the full year. Lees verder op Tech Meme

Stripe raised a $6.5B+ Series I at a $50B valuation to help its employees cover tax obligations for the expiration of RSUs and to fund a new stock tender offer (Dan Primack/Axios) 15-03-2023

Dan Primack / Axios: Stripe raised a $6.5B+ Series I at a $50B valuation to help its employees cover tax obligations for the expiration of RSUs and to fund a new stock tender offer  —  Digital payments firm Stripe on Wednesday announced that it has raised more than $6.5 billion at a $50 billion valuation. Lees verder op Tech Meme

Sources: Microsoft faces a shortage of GPUs for AI and is rationing access to them for internal teams, as it prepares to announce GPT-4 tools for Office 365 (Aaron Holmes/The Information) 15-03-2023

Aaron Holmes / The Information: Sources: Microsoft faces a shortage of GPUs for AI and is rationing access to them for internal teams, as it prepares to announce GPT-4 tools for Office 365  —  Microsoft is poised to announce a suite of Office 365 tools powered by GPT-4, the powerful new artificial intelligence software made by OpenAI. Lees verder op Tech Meme

SVB's collapse is a tale of ambition and management mistakes from focusing on innovation over the mundane work of managing risk and ensuring financial prudence (Maureen Farrell/New York Times) 15-03-2023

Maureen Farrell / New York Times: SVB’s collapse is a tale of ambition and management mistakes from focusing on innovation over the mundane work of managing risk and ensuring financial prudence  —  While its leader extolled innovation and the future of tech, the bank paid less attention to risk management and was caught flat-footed by economic change. Lees verder op Tech Meme

T-Mobile plans to acquire Ryan Reynolds-backed budget wireless provider Mint Mobile for as much as $1.35B, seeking to expand its pay-as-you-go market share (Bloomberg) 15-03-2023

Bloomberg: T-Mobile plans to acquire Ryan Reynolds-backed budget wireless provider Mint Mobile for as much as $1.35B, seeking to expand its pay-as-you-go market share  —  T-Mobile US Inc. is buying Mint Mobile, the budget wireless provider part owned by actor Ryan Reynolds, for as much as $1.35 billion … Lees verder op Tech Meme