French startup Mistral AI has officially closed its much anticipated Series A funding round. The company has raised €385 million, or $415 million at today’s exchange rate — according to Bloomberg, it values the company at roughly $2 billion. Mistral AI is also opening up […]
Day: December 11, 2023
TikTok to invest $1.5B in GoTo’s Indonesia e-commerce business
ByteDance’s TikTok will take a 75.01% controlling stake in a joint venture entity formed in partnership with GoTo’s e-commerce unit Tokopedia, the two tech firms announced on Monday. TikTok will invest $1.5 billion in the combined entity over time “to provide future funding required by […]
TikTok to invest $1.5B in GoTo’s Indonesia e-commerce business
ByteDance’s TikTok will take a 75.01% controlling stake in a joint venture entity formed in partnership with GoTo’s e-commerce unit Tokopedia, the two tech firms announced on Monday. TikTok will invest $1.5 billion in the combined entity over time “to provide future funding required by […]
Apple may release M3 MacBook Air in March and refine its iPad lineup with new iPad Pro and iPad Air
Apple is planning some big hardware drops for early 2024, according to Bloomberg’s Mark Gurman. In the Power On newsletter, Gurman predicts the company will release the next generation of iPad Pro and iPad Air in March — each of which is expected to come […]
Amazon loses second AWS India and South Asia top exec in less than a year
Vaishali Kasture, the executive Amazon appointed as the interim head of AWS India and South Asia, has quit the firm, a source familiar with the matter told TechCrunch, merely seven months into the top role. Amazon didn’t immediately respond to a request for comment by […]
Elon Musk brings Alex Jones and Infowars back on X after user poll
Elon Musk has restored the X accounts of conspiracy theorist Alex Jones and his media site Infowars. The X accounts of Jones and Infowars were “permanently banned” from Twitter by the previous management in 2018 for posting abusive content and violating the platform’s rules. Musk ran […]
Be skeptical about QR codes, warns the FTC
Illustration by Amelia Holowaty Krales / The Verge The Federal Trade Commission (FTC) warned the public against scanning any old QR code in a consumer alerts blog last week. Naturally, the warning comes down to security and privacy — bad actors can put QR codes […]
Senator Warren calls out Apple for shutting down Beeper’s ‘iMessage to Android’ solution
U.S. Senator Elizabeth Warren (D-Mass.) is throwing her weight behind Beeper, the app that allowed Android users to message iPhone users via iMessage, until Apple shut it down. Warren, an advocate for stricter antitrust enforcement, posted her support for Beeper on X (formerly Twitter) and […]
SumUp taps €285M more in growth funding to weather the fintech storm
SumUp — the fintech that provides payments and related services to some 4 million small businesses in Europe, the Americas and Australia — has picked up some growth funding to navigate the choppy waters of the current fintech market, waters that have tipped and swayed […]