Dave
-
News
Sources: Allen Wu, who was replaced as CEO of Arm China by Liu Renchen, has refused to surrender control amid Shanghai’s lockdown, where Arm China’s HQ is based(Financial Times)
Sources: Allen Wu, who was replaced as CEO of Arm China by Liu Renchen, has refused to surrender control amid Shanghai’s lockdown, where Arm China’s HQ is based — Allen Wu refuses to surrender control in extraordinary corporate battle at UK chip designer — High in a Shenzhen office tower … Source
Read More » -
News
Berlin-based Moss, which offers a spend management service with credit cards to SMBs, raises a €75M Series B led by Tiger Global at a €500M valuation(Romain Dillet/TechCrunch)
Berlin-based Moss, which offers a spend management service with credit cards to SMBs, raises a €75M Series B led by Tiger Global at a €500M valuation _Berlin-based startup Moss announced earlier this week that it has closed a new $86 million Series B funding round (€75 million)… Source
Read More » -
News
Run:AI, which helps businesses optimize their AI workloads, raises a $75M Series C led by Tiger Global and Insight Partners, bringing its total funding to $118M(Kyle Wiggers/VentureBeat)
Run:AI, which helps businesses optimize their AI workloads, raises a $75M Series C led by Tiger Global and Insight Partners, bringing its total funding to $118M — While interest in AI remains high among enterprise organizations, particularly for its potential to improve decision-making … Source
Read More » -
News
Sources: Truth Social CTO Josh Adams and product chief Billy Boozer have quit, following the troubled launch of the Trump-backed social network on iOS(Reuters)
Sources: Truth Social CTO Josh Adams and product chief Billy Boozer have quit, following the troubled launch of the Trump-backed social network on iOS — The two Southern tech entrepreneurs had the two qualities that Donald Trump’s Truth Social startup needed: tech-industry expertise … Source
Read More » -
News
Berlin-based Vivid Money, a financial super app and challenger bank with 500K customers, raises €100M led by Greenoaks at a €775M valuation to expand in Europe(Ingrid Lunden/TechCrunch)
Berlin-based Vivid Money, a financial super app and challenger bank with 500K customers, raises €100M led by Greenoaks at a €775M valuation to expand in Europe _Vivid Money, a challenger bank out of Berlin with 500,000 customers, has made a name for itself with a financial one-stop shop “super app” that, in addition to basic checking and money management services……
Read More » -
News
NFT marketplace Cent halts most transactions, citing users minting NFTs of content they don’t own, selling unauthorized NFT copies, and more(Elizabeth Howcroft/Reuters)
NFT marketplace Cent halts most transactions, citing users minting NFTs of content they don’t own, selling unauthorized NFT copies, and more — The platform which sold an NFT of Jack Dorsey’s first tweet for $2.9 million has halted transactions because people were selling tokens of content … Source
Read More » -
News
Profile of Tipatat Chennavasin, GP of Venture Reality Fund, which has backed Rec Room and Facebook-acquired Beat Games, on changes in the VR industry(Janko Roettgers/Protocol)
Profile of Tipatat Chennavasin, GP of Venture Reality Fund, which has backed Rec Room and Facebook-acquired Beat Games, on changes in the VR industry _ Tipatat Chennavasin was not surprised when VR metaverse startup Rec Room raised $100 million at a reported $1.25 billion valuation last week… Source
Read More » -
News
Toronto-based Wealthsimple, an online investment management service, raises ~$610M at a post-money valuation of $4B, led by Meritech and Greylock(Darrell Etherington/TechCrunch)
Toronto-based Wealthsimple, an online investment management service, raises ~$610M at a post-money valuation of $4B, led by Meritech and Greylock — Canadian fintech giant Wealthsimple has raised a new round of $750 million CAD (~$610 million) at a post-money valuation of $5 billion CAD (~$4 billion)… Source
Read More » -
News
Anthony Levandowski closed his AI-focused church, Way of The Future, in 2020 and donated the church’s ~$175K funds to the NAACP Legal Defense and Education Fund(Kirsten Korosec/TechCrunch)
Anthony Levandowski closed his AI-focused church, Way of The Future, in 2020 and donated the church’s ~$175K funds to the NAACP Legal Defense and Education Fund _The Way of the Future church, which Levandowski formed in 2015, was officially dissolved at the end of the year… Source
Read More » -
News
A look at obscure defense startup Rebellion Defense, which works to create AI and infosec applications for the US government and is backed by Eric Schmidt(Jonathan Guyer/American Prospect)
A look at obscure defense startup Rebellion Defense, which works to create AI and infosec applications for the US government and is backed by Eric Schmidt _ Days after winning the November election, Joe Biden announced the names of those staffing his transition. Big Tech landed prominent spots… Source
Read More »