Atomico, a venture capital firm founded by Skype co-founder Niklas Zennström, has raised $1.24 billion to back startups. The funds, comprising $754 million for growth-stage startups and $485 million for early-stage startups, aim to support emerging and growth-stage companies in the European tech industry. The funding comes as the European tech industry has been experiencing a decline in valuations and mass layoffs.
Source: https://www.techmeme.com/river
Duplicated with: | 2024-09-14 08:51:38 AM |
Progress, an automation and IT monitoring company, is acquiring file management platform ShareFile for $875 million in cash and credit. The deal is expected to close by November 30. ShareFile, headquartered in Raleigh, was founded in [unspecified date]. Progress CEO Yogesh Gupta stated that the acquisition will enhance the company's portfolio with tools for efficient document sharing and collaboration.
Source: https://www.techmeme.com/river
2024-09-14 08:51:37 AM |
AMD's Jack Huynh announced the unification of its consumer-focused RDNA and data center-focused CDNA architectures into one microarchitecture, UDNA, at IFA 2024 in Berlin, Germany. The company aims to tackle Nvidia's CUDA ecosystem more effectively and has decided to deprioritize high-end gaming graphics cards to accelerate market share gains.
Source: https://www.techmeme.com/river
2024-09-14 08:51:37 AM |
Apple announced the Apple Watch Series 10 at its special event 'It's Glowtime'. The new watch features a refreshed design, larger screens, a built-in speaker, and fast charging, allowing users to recharge it up to 80% in 30 minutes.
Source: https://www.techmeme.com/river
2024-09-14 08:51:36 AM |
