Tech Meme

Frederic Lardinois / TechCrunch: Finout, which makes cloud cost management software, raised a $40M Series C, following a $26M Series B in March, bringing its total raised to $85M  —  Even just a few years ago, FinOps — a collection of best practices to manage the costs of cloud computing — wasn’t something that was top of mind for a lot of businesses. Lees verder op Tech Meme

Bloomberg: Kraken says its revenue hit $1.5B in 2024, up from $671M in 2023, and it finished the year with 2.6M funded accounts, with $42.8B in assets held on the platform  —  – The crypto exchange had $1.5 billion in revenue last year  — Kraken has long-held aspirations of becoming a public company Lees verder op Tech Meme

Samantha Subin / CNBC: Atlassian reports Q2 revenue of $1.29B vs. $1.24B est. and expects 26.5% cloud growth, 21.5% data center growth for the fiscal year; TEAM jumps 20%+ pre-market  —  Atlassian shares popped 20% in premarket trading after blowing past Wall Street’s fiscal second-quarter earnings and guidance expectations. Lees verder op Tech Meme

Meir Orbach / CTech: Israel-based Anchor, a platform for automated invoice management and collection, raised a $20M Series A, and plans to expand in the US and double its workforce  —  The company, which saw 500% growth in 2024, plans to expand in the U.S. and double its workforce.  —  Anchor  —  Funding  —  Fintech Lees verder op Tech Meme

Zach Vallese / CNBC: Cloudflare Radar: TikTok has nearly bounced back to its original traffic levels after usage fell 85% when the app temporarily shut down on January 19  —  TikTok has nearly bounced back to its original traffic levels after usage fell 85% when the app temporarily shut down earlier this month, according to Cloudflare Radar. Lees verder op Tech Meme

Dylan Patel / SemiAnalysis: A close look at DeepSeek, which is estimated to have access to ~50K Hopper GPUs, a total server capex of ~$1.3B, and a GPU spend of $500M+ over its history  —  The DeepSeek Narrative Takes the World by Storm  —  DeepSeek took the world by storm.  For the last week, DeepSeek has been the only topic … Lees verder op Tech Meme

Michael J. de la Merced / New York Times: Kalshi plans to let users buy into its prediction markets directly from brokerages, says it now has 908 active contracts, up from 691 on Election Day  —  The platform, which recently hired Donald Trump Jr. as an adviser, is seeking to tap Wall Street to expand its potential customer base. Lees verder op Tech Meme

Todd Spangler / Variety: Adobe Chief Strategy Officer Scott Belsky leaves the company to join A24 film studio as a partner; he co-founded Behance, which Adobe acquired for $150M in 2012  —  Belsky is an entrepreneur, author and creator who in 2006 founded Behance, an online platform that is used by more than 50 million professionals … Lees verder op Tech Meme

Paul Sonne / New York Times: Experts say the Kremlin’s throttling of YouTube is driving Russians to state-controlled platforms; Google data shows Russian traffic to YouTube is down ~66% YoY  —  The Kremlin is trying to cripple YouTube in Russia, internet experts say, pushing some people to state-controlled domestic alternatives. Lees verder op Tech Meme

Costas Mourselas / Financial Times: Investor letter: Elliott Management warns the White House’s embrace of crypto is helping fuel a speculative mania that “could wreak havoc” when prices collapse  —  Supporting digital assets that could marginalise the dollar is ‘dangerous’, investor letter says Lees verder op Tech Meme