General Atlantic says it plans to invest $2B in Indian and Southeast Asian startups over the next two years, with ~15 currently in early-stage funding talks Techmeme · 8 hours ago
Sources: Broadcom is in ongoing talks to acquire VMware, but a deal is not imminent Techmeme · 12 hours ago
Paytm, whose share price has dropped 57% so far this year, reports Q4 revenue of ~$200M, up 89% YoY, and a net loss of ~$98M, up 72% YoY due to higher expenses Techmeme · 15 hours ago
Netflix to pay $59M to settle a tax dispute in Italy, where prosecutors claimed cables and servers used by Netflix amounted to physical presence in the country Techmeme · 2 days ago
Singapore-based online fashion marketplace Zilingo fires CEO Ankiti Bose after a probe found "serious financial irregularities"; Bose was suspended in April Techmeme · 3 days ago
Tokyo- and Bangkok-based Opn, formerly Synqa, a digital payments and blockchain tech provider, raises a $120M Series C+ at a $1B+ valuation Techmeme · 1 week ago
US states and local governments are backing off banning facial recognition, amid rising crime and increased lobbying from facial recognition developers Techmeme · 1 week ago
Elon Musk says his Twitter deal is "temporarily on hold" pending a review of "spam/fake accounts", but he is "still committed to acquisition"; stock drops 5%+ Techmeme · 1 week ago
Arm reports record 2021 revenue, up 35% YoY to $2.7B, due to licensing up 61% YoY to $1.13B and royalties up 20% YoY to $1.54B; 29.2B ARM chips shipped in 2021 Techmeme · 1 week ago
SoftBank reports a $26.2B full year loss for its Vision Fund unit, leading the group to a $13.15B annual net loss, as stocks decline and inflation rises Techmeme · 2 weeks ago
Andrew Bosworth told Reality Labs staff that Meta plans to cut or delay some projects and details will come within a week; Meta says there won't be layoffs Techmeme · 2 weeks ago
Palantir reports Q1 revenue rose 31% YoY to $446M but forecasts Q2 revenue will be below estimates at $470M, a 25% YoY growth rate; stock drops 20%+ Techmeme · 2 weeks ago
China orders internet services to tighten controls to stop under-18s from tipping live streamers or becoming live streamers themselves without guardian consent Techmeme · 2 weeks ago
Sources: an Indian court puts a hold on the Enforcement Directorate's decision last week to seize $725M of Xiaomi's local assets Techmeme · 2 weeks ago
Legal experts say Musk's new funding for Twitter could draw scrutiny from CFIUS for potential national security risks, the kind that TikTok faced Techmeme · 2 weeks ago
SEC says Nvidia will pay $5.5M to settle charges that it failed to disclose that cryptomining was a "significant element" of its FY 2018 gaming business revenue Techmeme · 2 weeks ago
Pachama, which uses AI and remote sensing to verify forest carbon credits, raises a $55M Series B led by Future Positive Techmeme · 2 weeks ago
The SEC adds JD.com, Pinduoduo, Bilibili, and NetEase to a list of Chinese companies facing delisting from US exchanges due to noncompliance with auditing rules Techmeme · 3 weeks ago
NYSE-parent ICE plans to acquire mortgage-lending software and data analytics firm Black Knight for $13.1B; Black Knight's stock closed up 14.47% Techmeme · 3 weeks ago
Dish launches its standalone 5G service in Las Vegas, eight months after its planned September 2021 debut, for $30/month and plans to reach 120 markets by June Techmeme · 3 weeks ago
eBay Q1: revenue down 6% YoY to $2.5B, GMV down 20% YoY to $19.4B, 142M active buyers, down 13%, and Q2 guidance below estimates; stock is down 5%+ after hours Techmeme · 3 weeks ago
Filing: Didi says it is cooperating with the SEC's investigation into its $4.4B US IPO in June 2021, "subject to strict compliance" with the Chinese law Techmeme · 3 weeks ago
Match Group Q1: revenue of $799M, up 20% YoY, vs $794M est., operating income up 10% YoY to $208M, CEO Shar Dubey to step down but stay on board; stock down 5%+ Techmeme · 3 weeks ago
Google offers to cover $100K+ worth of its Coursera online courses in data analytics, design, and other tech skills for up to 500 employees at any US business Techmeme · 3 weeks ago
Sources: Elon Musk asked investment firms and wealthy individuals for more Twitter financing and investors like Jack Dorsey to roll their stakes into the deal Techmeme · 3 weeks ago
In a lawsuit, Apple alleges SoC startup Rivos stole trade secrets after poaching 40+ of its engineers and that at least two of them took GBs of sensitive info Techmeme · 3 weeks ago
India's Enforcement Directorate says it has seized $725M from Xiaomi's bank accounts over allegedly illegal royalty payments to its foreign subsidiaries Techmeme · 3 weeks ago
Donald Trump posted a message on Truth Social for the first time since it launched two months ago, saying "I'M BACK!"; messages are called "truths" on the app Techmeme · 3 weeks ago
Sources: Elon Musk has lined up a new CEO for Twitter and told banks about ideas for monetizing tweets like charging a fee for quoting or embedding tweets Techmeme · 3 weeks ago
Apple's Q2 Services revenue grew 17% to $19.8B and it had 825M paying subscribers globally across all services, up from 785M in Q1 Techmeme · 4 weeks ago
Samsung reports Q1 operating profit of ~$11.1B, up 51% YoY, on revenue of ~$61.4B, up 19% YoY, driven by memory chip sales with revenue of ~$21.23B, up 39% YoY Techmeme · 4 weeks ago
Elon Musk will likely not buy Twitter as his interest appears to be waning; other considerations, like China holding Tesla to ransom, could also pose problems Techmeme · 4 weeks ago
PayPal reports Q1 revenue of $6.48B, up 8% YoY, vs. $6.6B est., net income of $1.03B, down from $1.46B YoY, Total Payment Volume of $323B, up 15% YoY Techmeme · 4 weeks ago
Pinterest reports Q1 revenue of $575M, up 18% YoY, vs. $572.5M est., 433M MAUs, down 9% YoY, global ARPU of $1.33, up 28% YoY; stock jumps 5%+ after hours Techmeme · 4 weeks ago
Sources: WhatsApp plans to launch cashback rewards in India within weeks to lure more customers to its P2P payments service, alongside incentives for merchants Techmeme · 4 weeks ago
Chinese drone maker DJI says it will temporarily suspend business in Russia and Ukraine to ensure its products are not used in combat Techmeme · 4 weeks ago
Australia's competition watchdog sues Uber and seeks a A$26M fine after Uber admitted to misleading consumers about ride fare estimates and cancellation fees Techmeme · 4 weeks ago
Sources: Tencent-controlled Chinese video game streaming service Huya, which rivals DouYu, plans to lay off hundreds of staff; Huya had 2,075 employees in 2020 Techmeme · 4 weeks ago
Analysis: Elon Musk's Twitter bid includes a risky $12.5B margin loan, secured against Tesla stock and potentially costing ~$1B/year, and $21B of his own cash Techmeme · 4 weeks ago
China-based Q&A service Zhihu closed down 23.6% in its Hong Kong trading debut, after raising $106M in a secondary listing: Zhihu faces a potential US delisting Techmeme · 1 month ago
An investigation details how Binance built ties with the Russian government, including handing over data on opposition leader Alexei Navalny in April 2021 Techmeme · 1 month ago
Chinese social media and e-commerce app Xiaohongshu has laid off 9% of its staff amid crackdowns; Xiaohongshu raised $500M in November at a $20B valuation Techmeme · 1 month ago