Tech Meme

Emily Nicolle / Bloomberg: London-based crypto derivatives trading platform Global Futures and Options, which plans to clear BTC index futures with LCH, raised a $30M Series B led by M&G  —  – M&G’s investment was part of a funding round for GFO-X  — Funding was provided through its Prudential With-Profits Fund Lees verder op Tech Meme

Ashley Carman / Bloomberg: Sources: Apple plans to give added weighting to streams of songs mixed in Dolby Atmos from 2024, possibly leading to higher royalties, to push Spatial Audio  —  – Service will more heavily weigh songs offered in Dolby Atmos  — Push could encourage more music labels to adopt the format Lees verder op Tech Meme

Bloomberg: TechInsights: Huawei’s Mate 60 Pro shows “significant progress” in China’s domestic radio-frequency chip design and engineering, replacing US 5G tech suppliers  —  The Shenzhen-based company’s handsets include RF switches from Maxscend Microelectronics Co. and power-amplification modules … Lees verder op Tech Meme

Randy Nelson / data.ai: TikTok reaches $10B in gross revenue, including $3.8B in revenue in 2023 so far, $3.3B in 2022, and $1.7B in 2021, the fifth app to do so and the first non-game  —  The short video social phenomenon has added nearly $4 billion this year alone, and it’s all from virtual coins used to purchase gifts for the platform’s content creators. Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: London-based SumUp, which offers payments and other financial services to ~4M SMBs, raised €285M at a valuation higher than its $8.5B valuation in June 2022  —  SumUp — the fintech that provides payments and related services to some 4 million small businesses in Europe … Lees verder op Tech Meme

Brody Ford / Bloomberg: BlackBerry appoints John Giamatteo, an executive since 2021, as its CEO and no longer plans to spin off its IoT and cybersecurity businesses  —  BlackBerry will reorganize to keep that business in house alongside its cybersecurity unit, the Waterloo, Canada-based company said in a statement Monday. Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: London-based SumUp, which offers payments and other financial services to ~4M SMBs, raised €285M at a valuation higher than its $8.5B valuation in June 2022  —  SumUp — the fintech that provides payments and related services to some 4 million small businesses in Europe … Lees verder op Tech Meme

Bloomberg: TechInsights: Huawei’s Mate 60 Pro shows “significant progress” in China’s domestic design and engineering of radio-frequency chips, replacing US suppliers  —  The Shenzhen-based company’s handsets include RF switches from Maxscend Microelectronics Co. and power-amplification modules … Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: London-based SumUp, which offers payments and other financial services to ~4M SMBs, raised €285M at a valuation higher than its $8.5B valuation in June 2022  —  SumUp — the fintech that provides payments and related services to some 4 million small businesses in Europe … Lees verder op Tech Meme

Bloomberg: Sources: starting December 13, Biden’s team plans to meet companies, labor advocates, and experts to discuss global data flows to avoid a “balkanized” internet  —  – White House undertaking review after US change in trade policy  — Contentious debate underway as business groups apply pressure Lees verder op Tech Meme