Tech journalism is often characterized by scandals, sensationalism, and shoddy research; publishers hesitate to invest in nuanced reporting without a clear ROI
A huge proportion of tech journalism is characterized by scandals, sensationalism, and shoddy research. Can we fix it?
The CEO of collapsed crypto fund HyperVerse, introduced to investors in 2021, doesn't appear to exist; Chainalysis: consumers lost $1.3B to HyperVerse in 2022
Exclusive: Steven Reece Lewis was introduced to investors with an impressive list of qualifications and achievements, but no organisation cited can find any record of him
Atomico: European startups are on track to raise $45B in 2023, down from $85B in 2022; just seven unicorns are expected in 2023, vs. 48 in 2022 and 108 in 2021
The downturn in the technology sector — dragged by inflation, higher interest rates and geopolitical events — continues to persist …
Southeast Asian officials say the bloc is drafting AI governance and ethics guidelines to impose “guardrails”, expected to be completed by the end of 2023
Reuters : Tweets: @alondra and @robinwauters Tweets: Alondra Nelson / @alondra : Planning for an “ASEAN Guide on AI Governance and Ethics” is underway https://twitter.com/... @rob...
Report: Valencia-based Jeff, which provides a frontend app and other tools to manage businesses, filed for bankruptcy after failing to close a €90M Series C
Dan Taylor / Tech.eu : Tweets: @jesusmargon , @robinwauters , and @sensorpunk Tweets: Jesús Martínez / @jesusmargon : Thank you very much, @sensorpunk, for highlighting our scoop ...
IBM CEO Arvind Krishna says the company plans to slow or stop back-office hiring, impacting ~26K staff, and ~30% could “easily” be replaced by AI in five years
International Business Machines Corp. Chief Executive Officer Arvind Krishna said the company expects to pause hiring …
The EU narrows its long-running Apple antitrust case, removing IAP objections and focusing on stopping apps from telling users about other subscription options
Antitrust investigation to look at how tech giant deals with subscription information from streaming services such as Spotify
Source: Chinese search giant Baidu plans to launch an AI chatbot, similar to OpenAI's ChatGPT, in March 2023, initially embedded into its main search services
Baidu Inc. is planning to roll out an artificial intelligence chatbot service similar to OpenAI's ChatGPT, according to a person familiar …
Paris-based PASQAL, which builds quantum computers using neutral atoms, raised a €100M Series B led by Temasek, bringing its total funding to over €125M
Dan Taylor / Tech.eu :
Twitter reactivates some journalists' accounts, after 58.7% of participants in Elon Musk's poll voted to lift the suspension “now” compared to 41.3% “in 7 days”
(The journalists did not reveal his real-time location.) Out of the two poll options, “now” …
Twitter begins reactivating some journalists' accounts, after 58.7% of participants in Elon Musk's poll voted to lift the suspension “now”, beating “in 7 days”
(The journalists did not reveal his real-time location.) Out of the two poll options, “now” …
South Korean prosecutors believe Do Kwon, who founded the collapsed TerraUSD and LUNA tokens, is hiding in Serbia, traveling via Dubai from Singapore in October
Prosecutors seek co-operation with Belgrade as search intensifies for Terraform chief — South Korean prosecutors believe that Do Kwon …
Sources: Alameda secretly loaned $43M to LLCs tied to The Block CEO Michael McCaffrey, used in part to buy and run the crypto news site; McCaffrey resigns
The Block, a media company that says it covers crypto news independently, has been secretly funded for over a year with money funneled …
Sources: LLCs tied to the CEO of crypto news site The Block secretly received $43M in Alameda loans, used in part to buy and run the site; CEO has now resigned
The Block, a media company that says it covers crypto news independently, has been secretly funded for over a year with money funneled …
The top 20 tech billionaires globally have lost $480B+ on paper in the past year; Mark Zuckerberg's wealth drops by $87B+, Elon Musk and Jeff Bezos by $58B+
Moguls including Mark Zuckerberg and Jeff Bezos have collectively lost more on paper than the market values of most S&P 500 companies
Klarna confirms raising $800M at a $6.7B valuation, down from $46B in June 2021, including from new investors Mubadala and Canada Pension Plan Investment Board
Siddharth Venkataramakrishnan / Financial Times :
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”.
Belgium-based Odoo, which makes open source ERP and CRM software for SMBs globally, raises €112M from Summit Partners at a €3.2B valuation
Robin Wauters / Tech.eu : Tweets: @robinwauters Tweets: @robinwauters : On @tech_eu: Belgian open source business software scale-up @Odoo hits €3.2 billion valuation with @SummitP...
Twitter is showing TweetDeck for Mac users a launch message suggesting the app will be “removed” on July 1; TweetDeck for web will remain
In a surprise move, Twitter has announced that it's canceling TweetDeck for Mac prompting users to use the web version going forward.Tweets:@jamesliamcook,@joannastern,@joannastern...
WeRock, which runs WeTransfer, pauses its Amsterdam IPO, slated for January 28 and seeking to raise €629M-€716M, citing market volatility
The company that owns the WeTransfer file service is cancelling its initial public offering (IPO), Europe's first prominent tech flotation of the year …