Tech Meme

Christopher Grimes / Financial Times: The success of A Minecraft Movie, set to hit $700M in ticket sales globally this weekend, signals Hollywood’s breakthrough in adapting video games into films  —  While superhero franchises flag, ‘A Minecraft Movie’ shows the industry has finally cracked the formula for translating popular games into films Lees verder op Tech Meme

Krishnapriya V.S. / The India Forum: India’s Open Network for Digital Commerce has struggled to break the near-duopoly of Zomato and Swiggy in online food delivery after cutting back on discounts  —  A near-duopoly of Zomato and Swiggy controls almost 95% of India’s digital platform-based food delivery market … Lees verder op Tech Meme

Ananya Bhattacharya / Rest of World: How Foxconn’s $2.5B “Project Elephant” to build iPhones, its second-largest factory outside China, is fueling a real estate boom in a town outside Bengaluru  —  The $2.5 billion “Project Elephant” will be the company’s second-largest factory outside China and create 40,000 jobs. Lees verder op Tech Meme

Mark Bergen / Bloomberg: How YouTube is adapting to the AI era; a VP expects that in five years, every video uploaded to YouTube could be dubbed automatically into every spoken language  —  The video giant, turning 20, tries to keep the content spigot flowing while appeasing its army of broadcasters and copyright holders. Lees verder op Tech Meme

Allie Garfinkle / Fortune: Assort Health, which is developing voice AI agents for healthcare to manage patient phone calls, raised a $22M Series A co-led by First Round and Chemistry  —  Assort Health cofounders Jeff Liu and Jon Wang.  —  Assort Health  —  Jon Wang and Jeff Liu met dozens of prospective cofounders—until they met each other. Lees verder op Tech Meme

Katie Fehrenbacher / Axios: Crux, a financing software provider for clean energy companies, raised a $50M Series B led by Lowercarbon Capital, taking its total funding to more than $77M  —  Crux, a clean economy financing software provider, raised a $50 million Series B round to expand its capital platforms, CEO Alfred Johnson tells Axios. Lees verder op Tech Meme

Allie Garfinkle / Fortune: Revel, which builds software for controlling critical hardware like rockets, emerges from stealth with $30M in funding, including a ~$23M Series A led by Thrive  —  Revel founder Scott Morton.  —  Revel  —  Scott Morton’s heart rate spiked at the same time, every time. Lees verder op Tech Meme

CTech: Plano, Texas-based Tapcheck, which works with companies to let workers access their earnings before payday, raised a $25M Series A extension and $200M in debt  —  Hilton, Taco Bell, and McDonald’s among companies using the fintech’s on-demand pay service.  —  Tapcheck  —  Funding  —  Fintech Lees verder op Tech Meme

Ben Weiss / Fortune: Coinbase faces pump-and-dump accusations after its subsidiary Base launched a “content coin” on Zora; Coinbase clarifies that Base will never sell the tokens  —  Jesse Pollak is the creator of Base, a new blockchain from Coinbase.  —  Winni Wintermeyer for Fortune Lees verder op Tech Meme

Sri Muppidi / The Information: Sales data: AI evaluation startups have modest revenue; Weights & Biases hit $50M ARR by Dec. 2024, but only 2% of that was from its AI evaluation product Weave  —  Startups whose products evaluate artificial intelligence to make sure it isn’t making things up or delivering unsafe results … Lees verder op Tech Meme