Tech Meme

The Information: Docs: Scale AI had revenue of $870M in 2024, missing its $1B target, and plans a $150M share sale that values the startup at around $25B, up 80% from a year ago  —  Scale AI, the fast-growing data-labeling startup, missed its revenue and profit targets last year, but its investors are undeterred. Lees verder op Tech Meme

Lydia Beyoud / Bloomberg: The US SEC Chairman says the agency has ample authority to oversee digital assets as Congress debates if SEC or the CFTC should be the primary crypto regulator  —  The US Securities and Exchange Commission has “ample room to maneuver” in regulating digital assets even without congressional action, Chairman Paul Atkins said Friday. Lees verder op Tech Meme

Financial Times: Deliveroo, which listed in London with a £7.6B valuation in 2021, says it received a buyout proposal from DoorDash that would value the company at £2.7B  —  UK food delivery group valued at £7.6bn in London listing four years ago  —  Deliveroo, the food delivery company … Lees verder op Tech Meme

Washington Post: Sources: China has quietly exempted from tariffs at least eight classifications of US-made microchips, as it seeks to exempt “irreplaceable” goods  —  Levies on certain U.S.-made microchips have been dropped, importers say.  Meanwhile, China denied President Trump’s claims that talks to reduce tariffs are happening. Lees verder op Tech Meme

Newcomer: Internal presentation by Microsoft’s CFO Amy Hood: number of users for Copilot has been flat over the past year with ~20M weekly users, as ChatGPT grew to 400M  —  Mustafa Suleyman hasn’t delivered the turnaround he was hired to bring  —  At Microsoft’s annual executive huddle last month … Lees verder op Tech Meme

Tom Warren / The Verge: Microsoft makes Recall available to all Copilot+ PCs, along with a new AI-powered Windows search and Click to Do, which works like Google’s Circle to Search  —  Microsoft’s Click to Do image and text tool is also rolling out today. … We knew Microsoft was about to launch Recall for real this time … Lees verder op Tech Meme

John Revill / Reuters: Swiss National Bank says cryptocurrencies failed to meet its currency reserve standards, as a referendum campaign seeks to require SNB to hold bitcoin reserves  —  The head of the Swiss National Bank said on Friday that cryptocurrencies failed to meet the institution’s currency reserve standards … Lees verder op Tech Meme

Mary Ann Azevedo / TechCrunch: CB Insights: fintech startups globally raised a combined $10.3B in Q1, the highest since Q1 2023; 19 US fintech startups have raised over $50M in 2025 so far  —  After a sluggish couple of years, fintech appears to be making a comeback.  —  In the first quarter of 2025 … Lees verder op Tech Meme

Bloomberg: Sources: the US pushed back against EU’s AI code of practice; the code is voluntary, still being finalized, and aims to help companies comply with the AI Act  —  US President Donald Trump’s administration is putting pressure on Europe to ditch a rulebook that would compel developers … Lees verder op Tech Meme

Carmen Arroyo / Bloomberg: Docs: X’s data licensing and subscriptions revenue grew 32% YoY to $91M in February, ad revenue grew 4% YoY to $146M; Twitter had $4.5B in ad revenue in 2021  —  Elon Musk’s X Holdings Corp. is evolving from a social media platform powered by mainstream advertisers to one betting … Lees verder op Tech Meme