Slice raises $50 million in funding led by Tiger Global to expand its UPI product

The latest funding round also saw participation from existing investors Moore Strategic Ventures and Insight Partners, and a new investor, GMO Venture Partners. The leading credit card challenger last month launched the integration of UPI into its app for all its existing and waitlisted users in a phased manner. https://ift.tt/tW2Sxeq

Facebook's parent company to change stock ticker to META on June 9

The company said this is will replace the company's current ticker symbol 'FB', which has been used since its initial public offering in 2012. Reports say that the rebrand, from Facebook to Meta, is part of CEO Mark Zuckerberg's efforts to shift gears away from Facebook being known as just a social media company into plans for building the metaverse. https://ift.tt/LnGPUsF

Madrid-based Odilo, which helps organizations build e-learning offerings, raises €60M led by Bregal Milestone and says it passed 8,500 clients and 170M users (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
Madrid-based Odilo, which helps organizations build e-learning offerings, raises €60M led by Bregal Milestone and says it passed 8,500 clients and 170M users  —  E-learning — whether it's in the form of a supplement to physical materials or live lessons; or the primary or even only medium being used …

Ajay Kumar Sood on India to have its own 'SpaceX-like ventures'

The government's top science advisor said consultations have taken place and the final version of the space policy would soon be referred to the Empowered Technology Group for further examination. SpaceX, founded by Elon Musk in 2002, is a private space transportation company that designs, manufactures and launches advanced rockets and spacecraft. https://ift.tt/HurbtNO

An investigation details NSO's severe financial troubles, after human rights groups documented Pegasus abuses, as executives weigh selling to risky clients (Financial Times)

Financial Times:
An investigation details NSO's severe financial troubles, after human rights groups documented Pegasus abuses, as executives weigh selling to risky clients  —  The inside story of the Pegasus spyware maker's perilous financial situation and its way ahead following US blacklisting

Samsung Electronics says Vice Chairman Lee Jae-yong met with Intel CEO Patrick Gelsinger to discuss collaborating on semiconductors (Kim Jaewon/Nikkei Asia)

Kim Jaewon / Nikkei Asia:
Samsung Electronics says Vice Chairman Lee Jae-yong met with Intel CEO Patrick Gelsinger to discuss collaborating on semiconductors  —  SEOUL — Samsung Electronics said on Tuesday that Vice Chairman Lee Jae-yong has met with Intel CEO Patrick Gelsinger to discuss how to work together …

BT partners with Ericsson to offer private 5G networks to companies in the UK, the first service of its kind (Anna Gross/Financial Times)

Anna Gross / Financial Times:
BT partners with Ericsson to offer private 5G networks to companies in the UK, the first service of its kind  —  Telecoms groups have invested heavily in new technology and say it can help industry become more efficient  —  BT has joined forces with Swedish telecoms equipment manufacturer Ericsson …

How to see the first photo you ever liked on Instagram

You won't have to sift through thousands of posts to find the very first one you liked over the years. Instagram has a feature that allows you to easily go back through your activity history. https://ift.tt/ETYNWif

Kuo: Sony will begin mass producing its PSVR 2 headset in H2 2022 ahead of a possible launch in Q1 2023, depending on the state of flagship game titles (David Heaney/UploadVR)

David Heaney / UploadVR:
Kuo: Sony will begin mass producing its PSVR 2 headset in H2 2022 ahead of a possible launch in Q1 2023, depending on the state of flagship game titles  —  A prominent supply chain analyst claims PSVR 2 mass production will begin in H2 2022.  —  Ming-Chi Kuo is a TF International Securities …

Mobile Premier League lays off 100 employees, offered severance & benefits

The current business metrics "do not justify further investments into this unit", according to an internal email sent by MPL co-founders Sai Srinivas and Shubh Malhotra. https://ift.tt/vHcmk8l

Research: the value of VC deals in China fell 44% YoY to $24.7B in the first four months of 2022, which is nearly four times the pace of the global slide (Jane Zhang/Bloomberg)

Jane Zhang / Bloomberg:
Research: the value of VC deals in China fell 44% YoY to $24.7B in the first four months of 2022, which is nearly four times the pace of the global slide  —  China, once the primary rival to Silicon Valley's technology success, is now leading the global decline in venture capital investments.

Elon Musk on whether he is being spied on or not

While replying to that, a user wrote, "you are 24/7 on all your devices and online services, including your own Starlink. In your case it is not just mass surveillance. You are a priority target". https://ift.tt/i2Tlvex

Indonesia's GoTo Group reports Q1 gross revenue rose 53% YoY to $357M and a loss of $370M, after raising $1.1B in its IPO (Bloomberg)

Bloomberg:
Indonesia's GoTo Group reports Q1 gross revenue rose 53% YoY to $357M and a loss of $370M, after raising $1.1B in its IPO  —  GoTo Group posted about 53% gross revenue growth in its first quarterly report as a public company, accelerating from the 2021 pace and highlighting the rapid expansion of Indonesia's tech and online industries.

Top500: the US' AMD-powered Frontier supercomputer becomes the fastest in the world, topping 1.102 exaflops/second, overtaking Japan's Fugaku by a wide margin (Paul Alcorn/Tom's Hardware)

Paul Alcorn / Tom's Hardware:
Top500: the US' AMD-powered Frontier supercomputer becomes the fastest in the world, topping 1.102 exaflops/second, overtaking Japan's Fugaku by a wide margin  —  AMD-powered systems now comprise five of the top ten fastest supercomputers  —  The AMD-powered Frontier supercomputer …

Experts say that governments should create bespoke IP law and an international treaty to protect AI-generated inventions, rather than rework old patent laws (Nature)

Nature:
Experts say that governments should create bespoke IP law and an international treaty to protect AI-generated inventions, rather than rework old patent laws  —  The patent system assumes that inventors are human.  Inventions devised by machines require their own intellectual property law and an international treaty.