Articles from t.co

Articles from t.co

Hippocratic AI, which is building an LLM for health care, raised a $53M Series A co-led by Premji Invest and General Catalyst at a $500M valuation (t.co)
2024-3-19 AI

Filings: Reddit cancelled Steve Huffman's pay awards in December 2023 that were tied to hitting a $25B valuation, signalling reduced hopes of a blockbuster IPO (t.co)
2024-3-18 IPO Reddit

How an Uber Eats worker created UberCheats, a web app that computed the actual distance a courier traveled, after suspecting algorithmic error and underpayment (t.co)
2024-3-17 Uber

FTX's collapse exposed problems with crypto that are just as relevant today, including a lack of decentralization and companies' persistent regulatory battles (t.co)
2024-3-17 Decentralize

Reddit's down round IPO is a signal that rationality is slowly returning to VC and could encourage other tech companies looking to go public do the same (t.co)
2024-3-16 IPO Reddit

Sources: TikTok's US revenue hit a record $16B in 2023; ByteDance revenue grew 40% YoY to $120B in 2023, with a net profit of $28B (t.co)
2024-3-16

Chinese officials say the US has shown “robber's logic” towards TikTok after the House vote, and Washington must “stop unfairly suppressing foreign companies” (t.co)
2024-3-15 China

Arm unveils its first Neoverse chips for self-driving cars, seeking to grow its non-smartphone revenue; the first vehicles are likely in four to five years (t.co)
2024-3-14 Autonomous Car

Memo: John Collison says Stripe is in “no rush” to go public and payments volume rose 25% YoY to $1T in 2023; source: Stripe hit $1B in net revenue in Q3 2023 (t.co)
2024-3-14

Docs: Nigeria, which has held two Binance execs since February during a crypto exchange crackdown, is pushing for data on Binance's top 100 local users and more (t.co)
2024-3-13 Nigeria

Carta: tech startup workers are receiving 37% less equity in their companies on average compared with 18 months ago; average salaries are down 0.2% since 2022 (t.co)
2024-3-13 Startup Equity

An interview with Pavel Durov on running Telegram, which has ~50 full time staff, its Dubai HQ, reaching 1B MAUs in 12-14 months, Russia, moderation, and more (t.co)
2024-3-12 Russia Interview Dubai

A profile of several AI “doomers”, including AI Impacts researcher Katja Grace, and “effective accelerationists”, as both make arguments about the future of AI (t.co)
2024-3-12 AI

Sources: Samsung and SK Hynix are storing, instead of selling, second-hand chipmaking machines over fears of breaking US export controls and sanctions (t.co)
2024-3-12 Samsung

As global chip companies seek a backup to China, Malaysia becomes a surprise investment destination, thanks to a background in packaging, assembly, and testing (t.co)
2024-3-12 China Malaysia

Pavel Durov says Telegram has 900M users, hopes “to become profitable next year, if not this year”, was “offered $30B+ valuations” by VCs, and considers an IPO (t.co)
2024-3-11 IPO

Interviews and court filings: 10 former Pinduoduo staff describe surveillance after leaving and lawsuits to enforce strict non-competes and stifle competition (t.co)
2024-3-11

Thomson Reuters CEO Steve Hasker says the group has $8B to spend on M&A and AI investments, to help transform its businesses of supplying professional data (t.co)
2024-3-11 AI

Tel Aviv-based multi-asset trading platform eToro is seeking a $3.5B+ valuation, as CEO Yoni Assia says he's “exploring the right timing” for a London or NY IPO (t.co)
2024-3-10 IPO Asset London

Sources: Klarna co-founder Victor Jacobsson, who left in 2012 and owns ~4% directly, may have an 8%+ stake via special purpose vehicles ahead of an expected IPO (t.co)
2024-3-10 IPO

A look at the US venture debt landscape a year after SVB collapsed, as none of the new options have become as appealing as the “one-stop shop” SVB offered (t.co)
2024-3-10

PitchBook: just 14% of US unicorns have a female cofounder, up from 5% a decade ago, while only 5% have a female founding CEO, up from zero over the same time (t.co)
2024-3-9

Sensor Tower: Instagram's total app downloads grew 20% YoY in 2023 to 768M, making it the most downloaded app worldwide; TikTok had 733M downloads, up 4% YoY (t.co)
2024-3-8 Instagram Sensor

Google opens a cyberdefense hub in Tokyo, its first in the Asia-Pacific region, and will invite experts in the region to study countermeasures for cyberattacks (t.co)
2024-3-7 Google Asia Tokyo

Email: Spanish data protection regulator AEPD demands Worldcoin ceases collecting personal data in the country, and gives Worldcoin 72 hours to prove compliance (t.co)
2024-3-7 Spain

Japan urges LY Corporation, the operator of Line and Yahoo Japan, to bolster security measures and review its relationship with Naver after user data leaks (t.co)
2024-3-6 Japan Yahoo

A deep dive into PDD's finances and operations, which are shrouded in secrecy and raise questions about US investors' confidence in Temu's parent company (t.co)
2024-3-6

As Alphabet, Amazon, Apple, ByteDance, Meta, and Microsoft comply with the EU DMA ahead of March 7, experts are skeptical the rules will have the desired effect (t.co)
2024-3-5 Amazon Microsoft Apple Alphabet

UK digital bank Monzo raised $430M led by Alphabet's CapitalG at a $5B valuation, up from $4.5B in December 2021, and plans to use funds to expand in the US (t.co)
2024-3-5 Alphabet

Q&A with the CEO of Grindr, whose stock fell 75% since its SPAC merger in November 2022, on future plans, including an “à la carte” travel payments service (t.co)
2024-3-5

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