The Economic Times: Snap, which reported 100M MAUs in India in October 2021, says the number has since doubled; in 2022, time on Spotlight grew 175% YoY and on Shows grew 55%+ YoY  —  Snap Inc’s cofounder & CEO spoke exclusively to ETtech about growth in the Indian market, leadership changes here … Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: CoreWeave, which offers 12+ SKUs of Nvidia GPUs in the cloud, raised a $221M Series B led by Magnetar at a $2B valuation, bringing its total funding to $371M  —  CoreWeave, an NYC-based startup that began as an Ethereum mining venture, has secured a large tranche of funding as it continues … Lees verder op Tech Meme

Erin Woo / The Information: Docs: Tiger Global told investors that its $12.7B fund had a 20% paper loss as of December 2022, vs. an 11% loss as of September 2022 and 8% as of June 2022  —  Tiger Global Management’s $12.7 billion venture fund, launched near the peak of the tech stock boom in October 2021 … Lees verder op Tech Meme

Krisztian Sandor / CoinDesk: TransUnion, one of the three major credit agencies in the US, plans to provide credit scores for individuals applying for loans on blockchain-based protocols  —  TransUnion, one of the largest credit agencies in the U.S., will off-chain credit scores for blockchain-based loan applications … Lees verder op Tech Meme

Yogita Khatri / The Block: Berachain, a bear-themed tri-token crypto project building a Layer 1 blockchain on the Cosmos SDK, raised $42M in a private token round led by Polychain Capital  —  – Berachain raised $42 million in a private token round led by Polychain Capital.  — The new Layer 1 blockchain is being built … Lees verder op Tech Meme

Jonah Elkowitz / Decrypt: P2P.org, which provides staking infrastructure for Ethereum, Cardano, Cosmos, and 47 other blockchain programs, raised a $23M Series A to expand its portfolio  —  Founder Konstantin Lomashuk credits the recent Shanghai upgrade, which it says has increased institutional interest in Ethereum staking. Lees verder op Tech Meme

Arriana McLymore / Reuters: Amazon launches the Anti-Counterfeiting Exchange, which lets retailers label and track counterfeits to make it difficult for counterfeiters to move among stores  —  Amazon (AMZN.O) has launched its Anti-Counterfeiting Exchange (ACX), an initiative to help retail stores label … Lees verder op Tech Meme

Chris Metinko / Crunchbase News: VC funding for Web3 startups fell to $1.7B in Q1 2023, down 81% YoY from $9.1B in Q1 2022; the number of announced deals fell from 770 to 333  —  Editor’s Note: For more Web3 coverage, please visit Crunchbase’s Web3 Tracker, a site to look at startups, investors and funding news concerning … Lees verder op Tech Meme

Jillian Deutsch / Bloomberg: The EU is taking a pragmatic approach to TikTok, treating it the same as its American rivals, in contrast to the “theatrical” approach being taken by the US  —  Europe is taking a different approach from the US toward TikTok.  But first…  • Instagram will cut or relocate its London employees Lees verder op Tech Meme