Dean Takahashi / VentureBeat: Magic Leap’s CEO and CTO talk about the future of the company, as a filing shows Saudi Arabia’s Public Investment Fund has invested $590M in debt funding  —  Magic Leap announced in a filing that Saudi Arabia’s Public Investment Fund has poured another $590 million in debt funding into the mixed reality headset maker. Lees verder op Tech Meme

Bloomberg: Filing: Kazakhstan-based mobile app provider Kaspi.kz’s CEO and other shareholders plan to sell 9M shares for $873M; Kaspi.kz’s Super App had 13.5M MAUs in 2023  —  At current prices, the shares would be valued at $873 million, according to the company’s filing Tuesday with the US Securities and Exchange Commission. Lees verder op Tech Meme

Financial Times: Lexington, Brookfield and Sequoia Heritage’s Pinegrove, and StepStone are raising billions to buy stakes in VC-backed tech startups via secondary share sales  —  Buyers return after secondary market for private shares was hit by higher interest rates  —  Investment firms are raising billions … Lees verder op Tech Meme

Chance Miller / 9to5Mac: Apple revises its US App Store rules to let developers link to outside payment methods, but will charge a 27% commission, or 12% for small business developers  —  In light of the US Supreme Court denying to hear Apple’s appeal in its legal battle with Epic Games, Apple has announced a handful … Lees verder op Tech Meme

Sander Lutz / Decrypt: The US Treasury and IRS say they are not enforcing a rule requiring businesses to report the receipt of digital assets worth $10K+ within 15 days of receipt  —  The tax law would require business-related crypto transactions over $10,000 to be reported like cash, but it’s not quite ready yet. Lees verder op Tech Meme