Alex Zorn / Chicago Business Journal: Chicago-based Mediafly, which provides a revenue enablement service to Adobe, TransUnion, Nestle, and other large companies, raised $80M led by BIP Ventures  —  Chicago software company Mediafly announced an $80 million raise on Tuesday.  —  The funding round was led by BIP Ventures … Lees verder op Tech Meme

Danny Nelson / CoinDesk: Source: Robinhood, whose entry into crypto was powered by Jump Trading, split ways with the firm in early July, as Jump reportedly backs away from the US market  —  The retail broker’s entry into crypto several years ago was powered by Jump Trading, which is a giant in traditional financial markets. Lees verder op Tech Meme

Casey Newton / Platformer: Meta’s Oversight Board took 234 days to get a ruling in an incitement to violence case involving Hun Sen, revealing a problem with the board’s glacial pace  —  Today let’s talk about one of the most important cases that Meta’s Oversight Board has heard to date — and how the process ultimately revealed … Lees verder op Tech Meme

Kosaku Narioka / Wall Street Journal: Xiaomi reports Q2 revenue down 4% YoY to ~$9.25B and a net profit of ~$504M, vs. ~$440.9M est., more than doubling from a year earlier  —  The Chinese maker of smartphones and other electronics products said revenue declined 4.0%  —  Xiaomi said Tuesday that its second-quarter net profit … Lees verder op Tech Meme

David Heaney / UploadVR: Meta Avatars finally get legs in Horizon Home, with the Quest v57 update on the Public Test Channel, after Meta said in October 2022 they were “coming soon”  —  Meta Avatars finally have legs in Quest Home with the v57 update on the Public Test Channel. Lees verder op Tech Meme