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Asia's startup funding fell 40% YoY to ~$13B in Q1 2025, the lowest funding for a quarter since $12.3B in Q4 2014; AI startup funding fell 50% YoY to just $1.8B (Chris Metinko/Crunchbase News)
2025-04-12 06:51 - https://www.techmeme.com/feed.xml
Appfigures: ChatGPT was the most downloaded app globally in March, excluding games, with 46M downloads across App Store and Google Play, its biggest month ever (Sarah Perez/TechCrunch)
2025-04-12 05:51 - https://www.techmeme.com/feed.xml
In Q1 2025, SK Hynix overtook Samsung for the first time to lead global DRAM revenues with a 36% share, driven by its dominant 70% market share in HBM (Counterpoint Research)
2025-04-12 05:51 - https://www.techmeme.com/feed.xml
US investigators are probing whether the China ties of TP-Link Systems Inc., the US-based business of Wi-Fi router giant TP-Link, pose an "unacceptable risk" (Kate O'Keeffe/Bloomberg)
2025-04-12 04:51 - https://www.techmeme.com/feed.xml
Sources: Palantir is helping DOGE build an API layer above all IRS databases; DOGE wants Palantir's Foundry software to be the "read center of all IRS systems" (Makena Kelly/Wired)
2025-04-12 04:51 - https://www.techmeme.com/feed.xml
Google says some terms in AI Overviews will link to Google's search results "to help people more easily explore topics and discover relevant websites" (Barry Schwartz/Search Engine Land)
2025-04-12 04:51 - https://www.techmeme.com/feed.xml
Bain Capital agrees to buy Blackstone-backed HealthEdge, which offers SaaS for health insurers to modernize their systems, sources say for ~$2.6B including debt (Financial Times)
2025-04-12 03:51 - https://www.techmeme.com/feed.xml
Sources: Binance asked the US Treasury last month to loosen oversight on its AML compliance, after Binance entered into deal talks with Trump's crypto venture (Wall Street Journal)
2025-04-12 02:51 - https://www.techmeme.com/feed.xml
Source: Alphabet and Nvidia are among investors backing Safe Superintelligence; Google Cloud announced on April 9 that SSI is using its TPUs for AI research (Reuters)
2025-04-12 02:51 - https://www.techmeme.com/feed.xml
Newzoo: global consumer spending for PC and console gaming fell 2% YoY to $80.2B in 2024, with console revenues leading market share with $42.8B, down 3.9% YoY (Sophie McEvoy/GamesIndustry.biz)
2025-04-12 01:50 - https://www.techmeme.com/feed.xml
YipitData: Waymo's robotaxis made up about 20% of rides offered by Uber in Austin in the last week of March, after launching on March 4 (Natalie Lung/Bloomberg)
2025-04-12 00:50 - https://www.techmeme.com/feed.xml
Filing: Founders Fund has closed a $4.6B late-stage venture fund; source: a substantial amount of the capital was provided by the firm's general partners (Ari Levy/CNBC)
2025-04-12 00:50 - https://www.techmeme.com/feed.xml
Netflix is testing an OpenAI-powered search engine that lets users find shows via inquiries that go beyond genres or actors' names, like the subscriber's mood (Bloomberg)
2025-04-11 23:50 - https://www.techmeme.com/feed.xml
Meta adds Stripe CEO Patrick Collison and Dina Powell McCormick, who worked as deputy national security adviser to Trump in his first term, to its board (Sara Fischer/Axios)
2025-04-11 21:50 - https://www.techmeme.com/feed.xml
Sources: Ilya Sutskever's Safe Superintelligence raised $2B led by Greenoaks at a $32B valuation; SSI last raised $1B at a $5B valuation in September 2024 (Financial Times)
2025-04-11 21:50 - https://www.techmeme.com/feed.xml
Revolut plans to add UK stocks to its trading platform as some investors look to diversify away from US equities, and says it has over 800K UK trading customers (Aisha S Gani/Bloomberg)
2025-04-11 23:50 - https://www.techmeme.com/feed.xml
Ann Arbor, Michigan-based Optilogic, a supply chain software provider, raised a $40M Series B led by NewRoad Capital and launches a tariff optimization tool (Colin Campbell/Axios)
2025-04-11 20:50 - https://www.techmeme.com/feed.xml
Blue Water Autonomy, which says it is building a 100-ton autonomous naval ship, emerges from stealth with a $14M seed from Eclipse VC, Riot, and Impatient (Sean O'Kane/TechCrunch)
2025-04-11 20:50 - https://www.techmeme.com/feed.xml
There is increasing uncertainty about China approving Synopsys' $35B Ansys acquisition, amid the escalating tariff fight between the US and China (Bloomberg)
2025-04-11 19:50 - https://www.techmeme.com/feed.xml
A group of former OpenAI employees file an amicus brief in support of Elon Musk in his lawsuit opposing OpenAI's for-profit transition (Kyle Wiggers/TechCrunch)
2025-04-11 19:50 - https://www.techmeme.com/feed.xml
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