Tech Meme

Financial Times: DoorDash agrees to acquire UK food delivery company Deliveroo in a £2.9B cash deal; Deliveroo has struggled since its London IPO in March 2021  —  Takeover comes after UK company has struggled since going public four years ago  —  DoorDash has agreed to buy UK food delivery company Deliveroo … Lees verder op Tech Meme

Financial Times: A look at the challenges for mobile telecom operators in the UK, as Revolut, UK holding company Octopus, and others plan new MVNO offerings  —  Brands are piling into the telecoms sector by piggybacking on incumbents’ networks  —  Fresh from disrupting the energy and banking sectors … Lees verder op Tech Meme

Financial Times: DoorDash agrees to buy UK-based food delivery company Deliveroo in a £2.9B deal  —  Takeover comes after UK company has struggled since going public four years ago  —  DoorDash has agreed to buy UK food delivery company Deliveroo in a £2.9bn deal, marking the latest London-listed group to be taken over by a US rival. Lees verder op Tech Meme

Bloomberg: Sources: Microsoft remains the biggest holdout among investors in OpenAI’s restructuring, seeking assurance that changes will protect its $13.75B investment  —  After months of public pressure, OpenAI walked back part of its effort to create a more conventional for-profit company … Lees verder op Tech Meme

Arriana McLymore / Reuters: Sensor Tower: Shein’s ad spend rose 35% MoM in France and the UK in April, while Temu’s jumped 40% MoM and 20% MoM respectively, amid Trump’s de minimis ban  —  Shein and Temu, fast-fashion e-commerce platforms that ship merchandise from China, boosted their spending on digital ads in Europe in April … Lees verder op Tech Meme

Bloomberg: Sources: Microsoft remains the biggest holdout among investors in OpenAI’s restructuring, and is seeking assurance that changes will protect its $13.75B stake  —  After months of public pressure, OpenAI walked back part of its effort to create a more conventional for-profit company … Lees verder op Tech Meme

Kirsten Korosec / TechCrunch: Uber and WeRide plan to expand their robotaxi service to 15 more cities over the next five years, including in Europe, after a December 2024 launch in Abu Dhabi  —  Uber and Chinese autonomous vehicle technology company WeRide plan to expand a commercial robotaxi partnership and bring … Lees verder op Tech Meme

Bloomberg: Sources: OpenAI reaches an agreement to buy Windsurf, an AI coding tool formerly known as Codeium, for about $3B; the deal has not yet closed  —  OpenAI has agreed to buy Windsurf, an artificial intelligence-assisted coding tool formerly known as Codeium, for about $3 billion … Lees verder op Tech Meme

Lizette Chapman / Bloomberg: Palantir reports Q1 revenue up 39% YoY to $884M, vs. $863M est., and raises 2025 sales guidance to $3.9B; PLTR falls 8%+ after hours  —  The company described rising demand for artificial intelligence software as a “ravenous whirlwind,” and bumped its 2025 revenue forecast to about $3.9 billion from about $3.75 billion. Lees verder op Tech Meme

Charles Rollet / TechCrunch: Recraft, whose image model Recraft V3 beat OpenAI’s DALL-E and Midjourney on the Artificial Analysis benchmark last year, raised a $30M Series B led by Accel  —  Recraft, the startup behind a mysterious image model that beat OpenAI’s DALL-E and Midjourney on a respected industry benchmark last year … Lees verder op Tech Meme