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Crypto key startup BitGo raised $100M at a $1.75B valuation from undisclosed US and Asian investors; Galaxy Digital scrapped a $1.2B BitGo acquisition in 2022 (Hannah Miller/Bloomberg) 16-08-2023

Hannah Miller / Bloomberg: Crypto key startup BitGo raised $100M at a $1.75B valuation from undisclosed US and Asian investors; Galaxy Digital scrapped a $1.2B BitGo acquisition in 2022  —  The crypto company raised $100 million from new investors, emphasizing its focus on following rules and regulations. Lees verder op Tech Meme

Apple backtracks and moves the “end call” button back to the middle of the screen, from the bottom-right corner, in the latest iOS 17 beta (Kif Leswing/CNBC) 16-08-2023

Kif Leswing / CNBC: Apple backtracks and moves the “end call” button back to the middle of the screen, from the bottom-right corner, in the latest iOS 17 beta  —  – Apple has moved the end call button back to the middle of the screen in the the newest developer version of iOS 17 released on Tuesday. Lees verder op Tech Meme

By the end of August, the EU DSA will force online platforms with 45M+ EU users to prove that they are ensuring that their products are not harming children (Politico) 16-08-2023

Politico: By the end of August, the EU DSA will force online platforms with 45M+ EU users to prove that they are ensuring that their products are not harming children  —  Glazed eyes.  One syllable responses.  The steady tinkle of beeps and buzzes coming out of a smartphone’s speakers. Lees verder op Tech Meme

Internal documents: India accounts for $10B of Foxconn's annual revenue, or 4.6% of its 2022 revenue, as its India push shows the limits of “China plus one” (Financial Times) 16-08-2023

Financial Times: Internal documents: India accounts for $10B of Foxconn’s annual revenue, or 4.6% of its 2022 revenue, as its India push shows the limits of “China plus one”  —  Apple supplier still relies on Chinese plants for 75% of global operations  —  When Foxconn chair Young Liu … Lees verder op Tech Meme

Sources: UK PM Rishi Sunak is planning an AI summit later in 2023 to host G7 leaders and tech executives; the historic Bletchley Park is a possible venue (Bloomberg) 16-08-2023

Bloomberg: Sources: UK PM Rishi Sunak is planning an AI summit later in 2023 to host G7 leaders and tech executives; the historic Bletchley Park is a possible venue  —  – Premier mulls WWII code-breaking site to gather CEOs, leaders  — Wants global approach to establish ‘guardrails’ around AI Lees verder op Tech Meme

Southeast Asian giant Sea dropped 29%, its largest single-day drop ever, wiping out nearly $10B in market value for a $23B market cap, down from $180B in 2021 (Olivia Poh/Bloomberg) 16-08-2023

Olivia Poh / Bloomberg: Southeast Asian giant Sea dropped 29%, its largest single-day drop ever, wiping out nearly $10B in market value for a $23B market cap, down from $180B in 2021  —  – Singapore e-commerce stock drops to lowest ever as sales slow  — Competition intensifies as Alibaba, TikTok gain shopping users Lees verder op Tech Meme