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Author Archives: Techme101
China’s AI Ambitions Curbed as US Cracks Down on Military-Linked Tech Firms
Eleven entities in China and one in Taiwan face trade restrictions over the development of AI chips and supercomputers for military-affiliated end users.
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Silicon Valley bubble risks heighten as investors pile into funds that bet on a single buzzy startup
Special purpose vehicles, or SPVs, have gotten so popular in Silicon Valley that some experts worry it’s the latest sign of a new bubble.
Meta debuts Friends tab, Mark Zuckerberg pushes ‘throwback to OG Facebook’
Meta debuts Friends tab, which Mark Zuckerberg calls a ‘throwback to OG Facebook’
Trump’s auto tariffs are a gift to Tesla
President Trump is slapping 25% tariffs on all cars imported to the United States, including from our immediate North American neighbors. He’s also placed a 25% tariff on certain parts used to build cars. It’s a decision that will likely … Continue reading
Why HoneyBook’s $140M in ARR may finally justify its $2.4B ZIRP-era valuation
HoneyBook, a startup last valued in late 2021 at $2.4 billion, told TechCrunch that it hit $140 million annualized recurring revenue (ARR). This makes HoneyBook one of the few startups with peak-VC-era valuations to report their financials after the market … Continue reading
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Ubisoft spins out new unit for Assassin’s Creed and other games, Tencent to take $1.25 billion stake
Ubisoft on Thursday announced it’s creating a new gaming subsidiary and that Chinese technology giant Tencent will invest 1.16 billion euros ($1.25 billion) into the unit.
Robinhood CEO sees Amazon-like subscription model as path to ‘loyalty’ in financial services
Robinhood is evolving from a simple-to-use brokerage for young investors to a provider of wealth management and broader banking services.
Instagram now lets you speed up reels just like on TikTok
Meta-owned Instagram is copying yet another feature from TikTok. This time, it’s the ability for users to play a reel at 2x speed by long pressing on the right or left side of their screen. When TikTok first launched, videos … Continue reading
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Facebook debuts a revamped Friends tab as part of its return to ‘OG’ Facebook
After teasing a return to “OG Facebook” earlier this year, the social network on Thursday announced an update that will give users a simple way to connect with friends. The company is introducing a new Facebook Friends tab that will … Continue reading
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TikTok to launch TikTok Shop in France, Germany, and Italy
TikTok is set to expand its TikTok Shop e-commerce platform to users in France, Germany, and Italy on Monday, Reuters reports. TikTok Shop has been available in the United Kingdom since 2021, and now the company is ready to expand … Continue reading
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