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Despite a generative AI funding mania, data shows that other startup funding remains bleak, with valuations down and few IPOs, deals, and late-stage rounds (Newcomer) 15-07-2023

Newcomer: Despite a generative AI funding mania, data shows that other startup funding remains bleak, with valuations down and few IPOs, deals, and late-stage rounds  —  The slowdown in public offerings and late-stage financings puts startups in peril  —  The generative artificial intelligence mania … Lees verder op Tech Meme

Sources: Foxconn is in talks with TSMC and Japan-based TMH to build chip factories in India, days after ending its $19.5B chip and display venture with Vedanta (The Economic Times) 15-07-2023

The Economic Times: Sources: Foxconn is in talks with TSMC and Japan-based TMH to build chip factories in India, days after ending its $19.5B chip and display venture with Vedanta  —  Foxconn is likely to soon finalise the details of the partnership to manufacture both advanced and legacy node chips, a source close to the development told ET. Lees verder op Tech Meme

Creator monetization platform Passes, founded in 2022, plans to acquire rival Fanhouse, founded in 2020; some creators are worried and one Fanhouse founder quit (Amanda Silberling/TechCrunch) 15-07-2023

Amanda Silberling / TechCrunch: Creator monetization platform Passes, founded in 2022, plans to acquire rival Fanhouse, founded in 2020; some creators are worried and one Fanhouse founder quit  —  The creator monetization platform Fanhouse announced yesterday that it was acquired by Passes, a similar startup that only launched in beta in December. Lees verder op Tech Meme

Some Etsy sellers say it started imposing a 45 day reserve on 75% of their income with no warning, as part of its Purchase Protection program to cover refunds (Sky News) 15-07-2023

Sky News: Some Etsy sellers say it started imposing a 45 day reserve on 75% of their income with no warning, as part of its Purchase Protection program to cover refunds  —  Sellers say the online marketplace is imposing a temporary reserve on their sales under its new ‘purchase protection programme’ … Lees verder op Tech Meme