Tech Meme

George Hammond / Financial Times: Peter Thiel says he had $50M in a personal account at SVB when it went under, even after Founders Fund warned portfolio companies that the bank was at risk  —  Prominent investor’s Founders Fund among those that had warned about US bank’s risks ahead of its collapse Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Fairmatic, whose AI monitors companies’ fleets to cut their auto insurance, raised a $46M Series B led by Battery Ventures, taking its total funding to $88M  —  With inflation sparking an increase in the cost of repairs, labor and claims, fees for insurance are similarly spiking across the board. Lees verder op Tech Meme

Margaux Nijkerk / CoinDesk: Ethereum developers aim for April 12 for the Shanghai hard fork, which would complete the network’s transition to proof-of-stake, delayed from March 2023  —  Developers agreed to April 12 for the long-awaited upgrade that will enable staked ETH withdrawals. Lees verder op Tech Meme

Mia Sato / The Verge: TikTok adds a Refresh button to For You, resetting the recommendation algorithm to show videos like for a new user, after testing the feature in February 2023  —  TikTok is adding a way for users to “refresh” For You page content when they want to switch up their feed. Lees verder op Tech Meme

Reuters: Sources: Samsung’s planned chip plant in Taylor, Texas, is set to cost over $25B, up $8B+ from initial forecasts, due to inflation impacting construction costs  —  A chip plant that South Korea’s Samsung Electronics Co Ltd (005930.KS) is building in Taylor, Texas, will cost … Lees verder op Tech Meme

Aisha Malik / TechCrunch: YouTube increases the price of its YouTube TV subscription by $8 to $72.99 per month, citing a rise in content costs  —  YouTube has announced that it’s raising the price of its YouTube TV subscription to $72.99 per month.  The new monthly price is an $8 increase from the current $64.99 monthly fee. Lees verder op Tech Meme

Christine Hall / TechCrunch: NYC-based Parker, which offers credit cards to e-commerce businesses doing $3M to $100M in annual sales, emerges from stealth with $37M in equity and $120M debt  —  Parker, a startup offering a corporate credit card for e-commerce businesses, emerged from stealth Thursday with $157 million … Lees verder op Tech Meme

The Verge: Microsoft details Business Chat, part of 365 Copilot, which can summarize meetings, recent customer contacts, calendar entries, and more, similar to Bing’s AI  —  One of the new Copilot AI features coming to Microsoft 365 apps and services is dubbed Business Chat. Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Fairmatic, which helps companies manage vehicle insurance by monitoring their fleets, raised $46M led by Battery Ventures, bringing its total funding to $88M  —  With inflation sparking an increase in the cost of repairs, labor and claims, fees for insurance are similarly spiking across the board. Lees verder op Tech Meme

Taylor Hatmaker / TechCrunch: Twitch CEO Emmett Shear plans to step down after 16 years at the company, replaced by president Dan Clancy; Shear is one of the original founders of Justin.tv  —  After serving as its chief executive for more than a decade, Twitch CEO Emmett Shear will take a step back at the company. Lees verder op Tech Meme