Tech Meme

Caitlin Webber / Reuters: The US sanctions a China-based cybersecurity company involved in the Salt Typhoon hacks and a Shanghai-based hacker involved in the recent US Treasury breach  —  The U.S. Treasury department on Friday issued cyber-related sanctions related to the Salt Typhoon hack on Singaporean Yin Kechen … Lees verder op Tech Meme

Tabby Kinder / Financial Times: Sources: Shield AI, maker of software for autonomous aircraft and drones, is raising ~$200M from Palantir and others at a $5B valuation, up from $2.8B in 2024  —  Maker of software for autonomous aircraft is raising around $200mn from backers  —  Artificial intelligence start-up Shield AI … Lees verder op Tech Meme

CNN: Trump says he will “be making the decision” about TikTok and confirms he had a conversation with Chinese President Xi Jinping about the app  —  The Supreme Court ruled Friday that a controversial ban on TikTok may take effect this weekend, rejecting an appeal from the popular app’s owners … Lees verder op Tech Meme

Paul Sawers / TechCrunch: Instabase, which lets companies process unstructured data from different document types, raised a $100M Series D led by Qatar’s sovereign wealth fund  —  Instabase, a company that creates software for extracting processing unstructured data from myriad document types, has raised $100 million in a Series D round of funding. Lees verder op Tech Meme

Greg Stohr / Bloomberg: SCOTUS upholds the TikTok divest-or-ban law, says free speech rights must yield to concerns that Chinese control of the app creates a national-security risk  —  The Supreme Court upheld a law that threatens to shut down the wildly popular TikTok social media platform in the US as soon as Sunday … Lees verder op Tech Meme

Bloomberg: Sources: Chinese hackers breached US Treasury Secretary Janet Yellen’s computer and accessed fewer than 50 unclassified files; two deputies were also hacked  —  – Two deputies also ensnared in sprawling espionage campaign  — Fewer than 50 unclassified files on Yellen’s machine accessed Lees verder op Tech Meme

Marina Temkin / TechCrunch: PitchBook: investors put $74.6B into US startups in Q4 2024, up from an average of $42B in the prior nine quarters, with $32B invested across just five deals  —  After two years of relatively muted investment activity, it seems that VCs are starting to pour capital into startups at pandemic-era levels once again. Lees verder op Tech Meme

Assaf Gilead / Globes Online: Lenovo acquires enterprise storage startup Infinidat and plans to turn it into its Israel development center; Infinidat raised $350M from TPG and others  —  The Chinese computer giant will pay hundreds of millions of dollars for Infinidat, which will become its Israel development center. Lees verder op Tech Meme

Dana Wollman / Bloomberg: Bumble founder Whitney Wolfe Herd will return to the company as CEO in mid-March, replacing current CEO Lidiane Jones, who is departing for “personal reasons”  —  She will replace the current chief executive, Lidiane Jones, who is departing for “personal reasons,” the firm said. Lees verder op Tech Meme

Zoë Schiffer / Wired: Sources: Mira Murati’s AI startup has poached about 10 researchers and engineers, including former OpenAI Head of Special Projects Jonathan Lachman, from rivals  —  It’s a major get for Murati’s mysterious startup, which has also poached engineers and researchers from a number of other prominent AI firms. Lees verder op Tech Meme