Tech Meme

Maggie Eastland / Bloomberg: E-commerce marketing startup Rokt agrees a secondary share sale at a $3.5B valuation ahead of a 2026 IPO, and acquires customer data startup mParticle for $300M  —  – Rokt separately agrees to $300 million purchase of mParticle  — E-commerce group has plans to go public in first half of 2026 Lees verder op Tech Meme

Bloomberg: Sources: the biggest shareholders of viral app Xiaohongshu, or RedNote, are in talks to sell part of their holdings at a valuation of at least $20B  —  – Existing VC backers are in talks to unload some of their stock  — Xiaohongshu on track to regain 2021 peak as TikTok ban looms Lees verder op Tech Meme

Eric Geller / Wired: Joe Biden plans to issue a cybersecurity EO to improve the way the government monitors its networks, buys software, uses AI, and punishes foreign hackers  —  US president Joe Biden just issued a 40-page executive order that aims to bolster federal cybersecurity protections, directs government use of AI … Lees verder op Tech Meme

Paresh Dave / Wired: Four current Meta employees, citing internal discussions, say the actual number of full-time staff who will have to relocate from California to Texas is limited  —  Mark Zuckerberg said content moderation teams in California will relocate to Texas to help reduce bias. Lees verder op Tech Meme

Jagmeet Singh / TechCrunch: Google agreed to buy 100K tons of CO2 removal credits from Indian startup Varaha for an undisclosed sum, marking its first deal with a carbon project in India  —  Google has agreed to purchase 100,000 tons of carbon dioxide removal credits from Indian startup Varaha, its first such deal … Lees verder op Tech Meme

Daniel Thomas / Financial Times: UK’s Ofcom imposes robust age checks on porn sites, which could include photo ID matching, facial age estimation technology, and credit card checks  —  Ofcom sets out new rules that could include photo ID matching and credit card verification  —  The UK media regulator will make it harder … Lees verder op Tech Meme

New York Times: Anduril plans to build a $1B factory in Columbus, Ohio called Arsenal-1 to eventually produce tens of thousands of autonomous systems and weapons each year  —  The company said its Columbus plant could eventually produce tens of thousands of autonomous systems and weapons each year. Lees verder op Tech Meme

Bloomberg: China plans to probe whether the US gives its chipmakers an unfair advantage through grants or undercuts Chinese products illegally, escalating the chip war  —  – Beijing is investigating after local firms protest subsidies  — The probe escalates a tit-for-tat US-china chips conflict Lees verder op Tech Meme

Allie Garfinkle / Fortune: Eve, which makes AI tools for law firms, raised a $47M Series A led by a16z, and says its revenue has grown by 5x over the last eight months  —  For about a year, I’ve been hearing that lawyers are using AI in droves.  But it wasn’t until I talked to Jennifer Gore last week that I started to understand what that meant in practice. Lees verder op Tech Meme

John Reynolds / Tech.eu: Brokerage firm IG Group acquires UK trading app Freetrade for £160M; Freetrade raised ~£30m via crowdfunding and was valued at £650m in 2021 during the pandemic  —  Freetrade, the UK trading app, has been acquired by the listed trading platform and spread betting group IG Group in a £160M deal. Lees verder op Tech Meme