Brody Ford / Bloomberg: Atlassian plans to cut 500 jobs, or ~5% of its workforce; a filing says the company will incur about $70M to $75M in restructuring costs through the end of June  —  Atlassian Corp. will cut about 5% of its workforce, or 500 full-time employees, becoming the latest software company to eliminate jobs. Lees verder op Tech Meme

Dan Taylor / Tech.eu: French expense management software maker N2F raised €24M from PSG Equity, and says it processes 1M+ expense reports a month for 10K+ businesses in 86+ countries  —  According to the startup, they’re processing over one million expense reports per month for more than 10,000 businesses in over 86 countries. Lees verder op Tech Meme

Vish Gain / Silicon Republic: A report by Ireland’s DPC: 17 large inquiries concluded in 2022, resulting in €1B+ fines; 10K+ cases concluded in 2023, including 246 cross-border complaints  —  Helen Dixon said the DPC issued two-thirds of fines issued across Europe last year on foot of ‘detailed and comprehensive investigations’. Lees verder op Tech Meme

The Block: FTX files a lawsuit against Grayscale, CEO Michael Sonnenshein, DCG, and Barry Silbert, citing $1.3B+ in “exorbitant management fees” and seeking $550M+ shares  —  – FTX’ debtors are suing Grayscale Investment, its owners and its CEO over their handling of the Grayscale Bitcoin … Lees verder op Tech Meme

Bloomberg: Investor document: Stripe seeks to raise ~$2.3B to cover Q1 tax withholdings and plans to withhold an additional $500M in 2022 and $700M in 2023  —  Stripe Inc., one of the world’s most valuable startups, told investors it plans to use money it receives in its latest round of fundraising to help cover a roughly $3.5 billion tax bill. Lees verder op Tech Meme

David McCabe / New York Times: Sources: The White House has given feedback on a draft bipartisan TikTok bill and is considering asking Congress for more legal powers to police certain apps  —  In a strategy shift, the Biden administration is increasingly pointing to Congress to give it more legal power to deal with TikTok … Lees verder op Tech Meme