Tech Meme

Wall Street Journal: In email to X staff, Musk says “user growth is stagnant, revenue is unimpressive, and we’re barely breaking even”; sources: banks plan to sell their debt in X  —  Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar  —  Wall Street banks are getting ready … Lees verder op Tech Meme

TechCrunch: Sources: ElevenLabs closed a $250M Series C led by ICONIQ Growth at a valuation of between $3B to $3.3B; it was initially looking for funding at a $4B valuation  —  Companies that want to build AI voice into their products are rushing to work with ElevenLabs, the startup … Lees verder op Tech Meme

Financial Times: a16z is closing its London office and pulling back from its much-touted UK expansion, seeking to refocus on the US crypto industry following Trump’s election  —  Silicon Valley investor says it wants to refocus on US market with Donald Trump in office  —  Andreessen Horowitz is closing … Lees verder op Tech Meme

Sarah Perez / TechCrunch: Similarweb: RedNote’s DAUs in the US fell by 54% on January 20 when the TikTok ban was put on hold, after reaching a high of 32.5M DAUs on the day of the ban  —  In the days leading up to the TikTok ban in the U.S. on Sunday, U.S. users flooded the Chinese app RedNote, which offered … Lees verder op Tech Meme

Alex Kantrowitz / Big Technology: An interview with Google DeepMind CEO Demis Hassabis on why he doesn’t believe we will have AGI in 2025, putting Google’s assistants in smart glasses, and more  —  Q&A with the Google AI head and Nobel laureate on the state of artificial intelligence today, and where it’s heading. Lees verder op Tech Meme

Katie Deighton / Wall Street Journal: ShopMy, which lets brands run influencer marketing efforts, raised a $77.5M Series B led by Bessemer and Bain, sources say at a $410M valuation vs. $80M in 2024  —  Tech firms that speed up and automate brands’ partnerships with social-media influencers are becoming hot commodities as advertisers scramble to reach consumers online Lees verder op Tech Meme

Financial Times: Retro Biosciences, the Sam Altman-backed startup that wants to use AI to develop therapies for extending human lifespan by a decade, is raising a $1B Series A  —  The San Francisco-based start-up plans to get its first drug into trials this year  —  Retro Biosciences is raising a $1bn round … Lees verder op Tech Meme

Pranav Dixit / Business Insider: Apptopia: Meta’s engagement is steady despite some calls for a Meta boycott over fact-checking and DEI changes; TikTok ban may have overshadowed user concerns  —  – Meta’s engagement is steady after the company cut fact-checking and diversity programs.  — A potential TikTok ban might’v … Lees verder op Tech Meme

Sergiu Gatlan / BleepingComputer: The FBI warns that North Korean IT workers are abusing their access to steal source code and extort US companies that have been tricked into hiring them  —  The FBI warned today that North Korean IT workers are abusing their access to steal source code and extort U.S. companies that have been tricked into hiring them. Lees verder op Tech Meme

Rolling Stone: Sources: Trump’s team members don’t buy Zuckerberg’s right-wing conversion as entirely genuine; one senior official says he has a “lot more ass-kissing” to do  —  Trump’s aides and allies aren’t ready to buy the Facebook chief’s right-wing conversion.  “He can’t just snap his fingers and make the past not happen” Lees verder op Tech Meme