Ingrid Lunden / TechCrunch: Palo Alto Networks acquires Tel Aviv-based Dig Security, which helps organizations track cloud assets, sources say for $400M — We reported in September that Palo Alto was getting ready to make yet more security acquisitions out of Israel, specifically of Dig Security and Talon. Lees verder op Tech Meme
Katie Roof / Bloomberg: Shield AI, which makes autonomous drones and other military tech for the US and its allies, raised $200M co-led by USIT and Riot Ventures at a $2.7B valuation — – Startup’s drone software can fly without remote pilot or GPS — Thomas Tull’s USIT, Riot Ventures, Cathie Wood’s ARK invested Lees verder op Tech Meme
Zeba Siddiqui / Reuters: The US says 40 countries plan to sign a pledge never to pay ransom to cybercriminals and to work toward eliminating the hackers’ funding mechanism — Forty countries in a U.S.-led alliance plan to sign a pledge never to pay ransom to cybercriminals and to work toward eliminating … Lees verder op Tech Meme
Bloomberg: Tencent’s WeChat, ByteDance’s Douyin, Kuaishou, and others make similar posts asking users with 500K+ followers to reveal their real names, following Weibo — – Social media services announce need to display actual identity — The move marks a sharp tightening of China internet oversight Lees verder op Tech Meme
Tim Hardwick / MacRumors: Apple’s new M3 Pro has lower memory bandwidth than the M1 Pro and M2 Pro and fewer performance cores; Apple repeatedly compared the M3 to the M1, not the M2 — Apple’s latest M3 Pro chip in the new 14-inch and 16-inch MacBook Pro has 25% less memory bandwidth than the M1 Pro and M2 Pro chips used … Lees verder op Tech Meme
Dan Gallagher / Wall Street Journal: Apple’s stock dropped 11% since its Q3 results on August 3, erasing nearly $400B in value, the first year since 2015 that AAPL slid between WWDC and Q4 earnings — Worries about China and the future of a lucrative Google relationship could outlast even a strong earnings report Lees verder op Tech Meme
Mary Ann Azevedo / TechCrunch: Brazilian banking-as-a-service startup QI Tech raised a $200M Series B led by General Atlantic, for $262M in total funding, and reports $21M H1 2023 net revenue — Brazilian banking-as-a-service startup QI Tech has raised $200 million in a Series B round of funding led by New York-based General Atlantic. Lees verder op Tech Meme
Bloomberg: CCData: almost a year since FTX collapsed, monthly spot trading volume at crypto exchanges dropped from $922.9B in October 2022 to $461.3B in October 2023 — – Volumes are still down 50%, despite slight recovery in October — Some firms are reducing exposure, others are diversifying Lees verder op Tech Meme
Wall Street Journal: Sources: new US rules may compel Nvidia to cancel $5B+ in 2024 orders for its chips in China; Nvidia had already fulfilled its 2023 orders before the controls — Artificial-intelligence company scrapped plans to rush shipments to China this month before new restrictions were brought forward Lees verder op Tech Meme
Kevin Roose / New York Times: Biden’s EO on AI tries to chart a middle path by letting AI development continue with modest new rules and signaling the government plans to monitor AI progress — President Biden announced regulations on Monday that seemed to have a little bit for everyone. Lees verder op Tech Meme