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Finnish wearable maker Oura acquires Proxy, which makes digital identification tools, in an all-equity deal; PitchBook says Proxy was valued at $292M in 2020 (Edward Ludlow/Bloomberg) 09-05-2023

Edward Ludlow / Bloomberg: Finnish wearable maker Oura acquires Proxy, which makes digital identification tools, in an all-equity deal; PitchBook says Proxy was valued at $292M in 2020  —  Finnish wearable-technology maker Oura Health Oy is acquiring a little-known tech startup, Proxy Inc., which makes digital identification tools … Lees verder op Tech Meme

8fig, which plans to offer an AI-powered “C-suite” for e-commerce companies, starting with an AI CFO, raised a $40M Series B and $100M in a credit facility (Christine Hall/TechCrunch) 09-05-2023

Christine Hall / TechCrunch: 8fig, which plans to offer an AI-powered “C-suite” for e-commerce companies, starting with an AI CFO, raised a $40M Series B and $100M in a credit facility  —  E-commerce businesses don’t often build big companies: they might be big in revenue, but remain lean in headcount. Lees verder op Tech Meme

General Motors hires former Apple VP Mike Abbott to lead a newly created software unit, starting May 22; Abbott was VP of Engineering for Apple's Cloud Services (Michael Wayland/CNBC) 09-05-2023

Michael Wayland / CNBC: General Motors hires former Apple VP Mike Abbott to lead a newly created software unit, starting May 22; Abbott was VP of Engineering for Apple’s Cloud Services  —  – General Motors has hired former Apple executive Mike Abbott to lead a newly created software unit for the Detroit automaker. Lees verder op Tech Meme