Latest Technology News Tech Meme

After announcing plans to acquire Blinkit, Zomato's stock dropped 6.6% on Monday and 8.4% on Tuesday, cutting $1.1B from its market value (Ashutosh Joshi/Bloomberg)

Ashutosh Joshi / Bloomberg:
After announcing plans to acquire Blinkit, Zomato's stock dropped 6.6% on Monday and 8.4% on Tuesday, cutting $1.1B from its market value  —  Zomato Ltd. lost about $1.1 billion of market value in two days after the food-delivery platform announced the acquisition of loss-making quick-commerce …

Airbnb makes its ban on parties at rented properties, introduced in 2020, permanent, saying the ban "became much more than a public health measure" (James Vincent/The Verge)

James Vincent / The Verge:
Airbnb makes its ban on parties at rented properties, introduced in 2020, permanent, saying the ban “became much more than a public health measure”  —  But a 16-person cap on rentals has been removed  —  In 2020, Airbnb introduced a temporary ban on house parties and events …

Privacy advocates say the SmartLINK app, an alternative to ankle monitors, helped ICE increase the number of people it tracks from 6K to 230K within three years (Documented)

Documented:
Privacy advocates say the SmartLINK app, an alternative to ankle monitors, helped ICE increase the number of people it tracks from 6K to 230K within three years  —  ICE says the phone-based app is not meant to conduct “surveillance”—and a quick test didn't raise red flags.

After Twitter gives Elon Musk access to its firehose and historical tweet data, experts doubt the data will provide conclusive answers on spam and bots (Sarah E. Needleman/Wall Street Journal)

Sarah E. Needleman / Wall Street Journal:
After Twitter gives Elon Musk access to its firehose and historical tweet data, experts doubt the data will provide conclusive answers on spam and bots  —  Billionaire has access to the company's fire hose of tweets, but data specialists say analyzing it isn't easy

An interview with Arm CEO Rene Haas on the company's plans to pursue M&A deals and expand hiring following its IPO, after Arm China transitioned its leadership (Anna Gross/Financial Times)

Anna Gross / Financial Times:
An interview with Arm CEO Rene Haas on the company's plans to pursue M&A deals and expand hiring following its IPO, after Arm China transitioned its leadership  —  Chief executive Rene Haas lays out ambitious course of expansion for the UK chip designer despite tech downturn

A look at Plural, a €250M early-stage fund led by Wise co-founder Taavet Hinrikus, Teleport co-founder Sten Tamkivi, Songkick co-founder Ian Hogarth, and others (Mike Butcher/TechCrunch)

Mike Butcher / TechCrunch:
A look at Plural, a €250M early-stage fund led by Wise co-founder Taavet Hinrikus, Teleport co-founder Sten Tamkivi, Songkick co-founder Ian Hogarth, and others  —  Until recently Taavet Hinrikus, cofounder of Wise, and Sten Tamkivi, cofounder of Teleport, had banded together as a sort of ‘mini Angel brand’ known as “Taavet+Sten”.

Netflix plans to grow its investment in the Asia Pacific, which has 15% of Netflix's subscribers and is forecast to be the biggest driver of further expansion (Shirley Zhao/Bloomberg)

Shirley Zhao / Bloomberg:
Netflix plans to grow its investment in the Asia Pacific, which has 15% of Netflix's subscribers and is forecast to be the biggest driver of further expansion  —  Netflix Inc. is looking to Asia after its shock first-quarter slowdown, seeking to both maintain growth in the one region …

Google makes Google Earth Engine, which tracks the earth's surface, available to any commercial or government organization using Google Cloud (Stephanie Condon/ZDNet)

Stephanie Condon / ZDNet:
Google makes Google Earth Engine, which tracks the earth's surface, available to any commercial or government organization using Google Cloud  —  For the past decade, researchers in academia and the nonprofit world have had access to increasingly sophisticated information about the Earth's surface.

UK startup Speechmatics, which uses AI to translate speech to text, regardless of accent, raised a $62M Series B led by Susquehanna and says it has 170 clients (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
UK startup Speechmatics, which uses AI to translate speech to text, regardless of accent, raised a $62M Series B led by Susquehanna and says it has 170 clients  —  Last week I wrote about an AI startup that's building technology that can alter, in real time, the accent of someone's speech.

Paris-based Kaiko, which offers crypto analytics tools for institutional investors and businesses, raised a $53M Series B led by Eight Roads (Emily Nicolle/Bloomberg)

Emily Nicolle / Bloomberg:
Paris-based Kaiko, which offers crypto analytics tools for institutional investors and businesses, raised a $53M Series B led by Eight Roads  —  Blockchain analytics firm Kaiko raised $53 million from new and existing investors in its latest financing round, even as crypto-exposed companies struggle through a rout in digital assets.

Hypercasual video games, with simple gameplay and low-stakes challenges, are getting more sophisticated as studios struggle to retain monetizable players (Katie Deighton/Wall Street Journal)

Katie Deighton / Wall Street Journal:
Hypercasual video games, with simple gameplay and low-stakes challenges, are getting more sophisticated as studios struggle to retain monetizable players  —  Mobile games that require little brainpower to play are becoming more sophisticated as their publishers try to cling on to fickle—and monetizable—players

Filing: Google asks the US FEC to green light a program that would exempt campaign-related emails from spam; GOP alleges Gmail unfairly flags its emails as spam (Ashley Gold/Axios)

Ashley Gold / Axios:
Filing: Google asks the US FEC to green light a program that would exempt campaign-related emails from spam; GOP alleges Gmail unfairly flags its emails as spam  —  Google has asked the Federal Election Commission to green light a program that could keep campaign emails from ending up in spam folders …

New Delhi-based Progcap, a digital bank that provides working capital to SMBs, raised a $40M Series C extension at a $600M valuation, up 3x since September 2021 (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
New Delhi-based Progcap, a digital bank that provides working capital to SMBs, raised a $40M Series C extension at a $600M valuation, up 3x since September 2021  —  Google has invested in Progcap, an Indian startup that provides working capital to small and medium-sized businesses …

Siemens plans to buy Brightly, a North Carolina-based provider of buildings and infrastructure management software, from Clearlake Capital for $1.58B (Wilfried Eckl-Dorna/Bloomberg)

Wilfried Eckl-Dorna / Bloomberg:
Siemens plans to buy Brightly, a North Carolina-based provider of buildings and infrastructure management software, from Clearlake Capital for $1.58B  —  Siemens AG will buy US firm Brightly Software for $1.58 billion to add digital services for buildings and infrastructure as the German company continues …

How SCOTUS overturning Roe could be used to curb online freedoms and surveil vulnerable populations, as happened to sex workers following FOSTA/SESTA in 2018 (Olivia Snow/Wired)

Olivia Snow / Wired:
How SCOTUS overturning Roe could be used to curb online freedoms and surveil vulnerable populations, as happened to sex workers following FOSTA/SESTA in 2018  —  FOSTA/SESTA—laws that deplatformed sex workers—helped build the gallows for overturning Roe v. Wade.