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Tech Meme

Sources: US official Kurt Campbell confronted Sequoia's Don Vieira over funding Chinese startups that may threaten US security, leading to the three-way split (Wall Street Journal) 27-06-2023

Wall Street Journal: Sources: US official Kurt Campbell confronted Sequoia’s Don Vieira over funding Chinese startups that may threaten US security, leading to the three-way split  —  Scrutiny from Washington aggravated tensions within the venture-capital firm, fueling its decision to break up Lees verder op Tech Meme

Tel Aviv-based NoTraffic, an AI traffic intersection management service, raised a $50M Series B led by M&G Investments, following a $17.5M Series A in July 2021 (Rebecca Bellan/TechCrunch) 27-06-2023

Rebecca Bellan / TechCrunch: Tel Aviv-based NoTraffic, an AI traffic intersection management service, raised a $50M Series B led by M&G Investments, following a $17.5M Series A in July 2021  —  AI-based traffic management platform NoTraffic has bagged $50 million in Series B funding as it picks up momentum … Lees verder op Tech Meme

Prosus, a top shareholder in Byju's, cuts the value of its Byju's stake, implying a $5.1B valuation, far below the Indian edtech giant's recent $22B valuation (Manish Singh/TechCrunch) 27-06-2023

Manish Singh / TechCrunch: Prosus, a top shareholder in Byju’s, cuts the value of its Byju’s stake, implying a $5.1B valuation, far below the Indian edtech giant’s recent $22B valuation  —  Prosus, the largest non-founder shareholder in Byju’s, has drastically slashed the worth of its stake in the edtech giant … Lees verder op Tech Meme

Austin-based Cart.com, which offers end-to-end e-commerce tools, raised a $60M Series C at a $1.2B valuation, after raising nearly $400M in three rounds in 2021 (Christine Hall/TechCrunch) 27-06-2023

Christine Hall / TechCrunch: Austin-based Cart.com, which offers end-to-end e-commerce tools, raised a $60M Series C at a $1.2B valuation, after raising nearly $400M in three rounds in 2021  —  Cart.com, an Austin-based company providing end-to-end e-commerce services, entered unicorn territory following … Lees verder op Tech Meme

Nevada-based identity verification startup Socure acquires rival service Berbix for $70M in cash and stock; Berbix raised $11.6M in total, including $9M in 2020 (Frederic Lardinois/TechCrunch) 27-06-2023

Frederic Lardinois / TechCrunch: Nevada-based identity verification startup Socure acquires rival service Berbix for $70M in cash and stock; Berbix raised $11.6M in total, including $9M in 2020  —  Socure, the identity verification service that raised a massive $450 million Series E round at a $4.5 billion valuation during … Lees verder op Tech Meme

A survey of 20+ professionals finds all but one do not plan to buy the Mac Pro with M2 Ultra, citing Apple's cheaper and similarly powerful laptops and desktops (Monica Chin/The Verge) 27-06-2023

Monica Chin / The Verge: A survey of 20+ professionals finds all but one do not plan to buy the Mac Pro with M2 Ultra, citing Apple’s cheaper and similarly powerful laptops and desktops  —  Apple’s latest Mac Pro targets professionals with highly demanding computing workloads.  But we talked to those professionals … Lees verder op Tech Meme

Identity verification startup Socure plans to acquire rival service Berbix for $70M in cash and stock; Berbix raised $11.6M in total, including $9M in 2020 (Frederic Lardinois/TechCrunch) 27-06-2023

Frederic Lardinois / TechCrunch: Identity verification startup Socure plans to acquire rival service Berbix for $70M in cash and stock; Berbix raised $11.6M in total, including $9M in 2020  —  Socure, the identity verification service that raised a massive $450 million Series E round at a $4.5 billion valuation during … Lees verder op Tech Meme

Israeli autonomous cloud security startup Cyera raised a $100M Series B led by Accel with Sequoia and others participating, a source says at a $500M valuation (Meir Orbach/CTech) 27-06-2023

Meir Orbach / CTech: Israeli autonomous cloud security startup Cyera raised a $100M Series B led by Accel with Sequoia and others participating, a source says at a $500M valuation  —  The Israeli company’s data security platform learns an enterprise’s unique data and business purpose using large language models … Lees verder op Tech Meme

Google plans to offer DIY repairs for the Pixel Fold via its iFixit partnership, including the battery and inner, folding display (Ben Schoon/9to5Google) 27-06-2023

Ben Schoon / 9to5Google: Google plans to offer DIY repairs for the Pixel Fold via its iFixit partnership, including the battery and inner, folding display  —  One of the biggest downsides of foldable smartphones right now is durability and, more so, repairability.  Google is breaking new ground with the Pixel Fold … Lees verder op Tech Meme

A look at Newark Public Schools' test of AI chatbot Khanmigo, one of the first in the US, and concerns over the tool doing too much of the students' thinking (Natasha Singer/New York Times) 27-06-2023

Natasha Singer / New York Times: A look at Newark Public Schools’ test of AI chatbot Khanmigo, one of the first in the US, and concerns over the tool doing too much of the students’ thinking  —  Newark public schools are cautiously trying out a new automated teaching aid from Khan Academy.  The preliminary report card: “could use improvement.” Lees verder op Tech Meme