Sam Kim / Bloomberg: South Korean national statistics data: chip production grew 42% YoY in November, the most since early 2017; shipments rose 80%, the biggest gain since late 2002  —  – Semiconductor industry shows signs it’s bouncing back fast  — Korea’s overall industrial output grows more than expected Lees verder op Tech Meme

Financial Times: Disney, WBD, Comcast, and Paramount face a year of reckoning in 2024 after losing $5B+ in 2023 from the streaming services they built to compete with Netflix  —  Tie-ups and cuts on menu as Disney, Warner, Comcast and Paramount seek new ways to keep up  —  The world’s largest traditional … Lees verder op Tech Meme

Gené Teare / Crunchbase News: Tiger, Coatue, Vision Fund, a16z, Insight, Accel, Sequoia, Lightspeed, and Index together invested in 44 unicorns in 2023, down from 213 in 2022 and 471 in 2021  —  Funding to the unicorn class of companies — those private startups valued at $1 billion or more — has fallen dramatically in 2023 … Lees verder op Tech Meme

Financial Times: Insider Intelligence: LinkedIn’s annual advertising revenue, which rose 10.1% YoY to ~$4B in 2023, is expected to grow 14.1% YoY in 2024  —  Microsoft-owned professional networking site has increased revenues as big brands boycott rival platform  —  Professional social networking site LinkedIn … Lees verder op Tech Meme

Gené Teare / Crunchbase News: Tiger, Coatue, Vision Fund, a16z, Insight, Accel, Sequoia, Lightspeed, and Index together invested in 44 unicorns in 2023, down from 213 in 2022 and 471 in 2021  —  Funding to the unicorn class of companies — those private startups valued at $1 billion or more — has fallen dramatically in 2023 … Lees verder op Tech Meme

Gené Teare / Crunchbase News: Tiger, Coatue, Vision Fund, a16z, Insight, Accel, Sequoia, Lightspeed, and Index together invested in 44 unicorns in 2023, down from 213 in 2022 and 471 in 2021  —  Funding to the unicorn class of companies — those private startups valued at $1 billion or more — has fallen dramatically in 2023 … Lees verder op Tech Meme

Gené Teare / Crunchbase News: Tiger, Coatue, Vision Fund, a16z, Insight, Accel, Sequoia, Lightspeed, and Index together invested in 44 unicorns in 2023, down from 213 in 2022 and 471 in 2021  —  Funding to the unicorn class of companies — those private startups valued at $1 billion or more — has fallen dramatically in 2023 … Lees verder op Tech Meme

Lauren Rosenblatt / The Seattle Times: Seattle-based e-commerce website Zulily, valued at ~$7B in 2014, winds down its business; in a lawsuit, Zulily accused Amazon of stifling its business  —  Once an e-commerce star, online retailer Zulily will liquidate its inventory to pay its creditors as it winds down. Lees verder op Tech Meme