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Romain Dillet / TechCrunch : Wefox, a Berlin-based digital insurer focused on personal insurance products, raises $650M Series C led by Target Global at a post-money valuation of $3B   —  German startup Wefox has raised a $650 million Series C funding round led by Target Global.  Following this funding round … from Techmeme https://ift.tt/3fDeLGW

Tom Warren / The Verge : Nvidia announces flagship gaming GPU GeForce RTX 3080 Ti, promises to deliver 1.5x more performance over RTX 2080 Ti, available worldwide on June 3 for $1,199   —  This is Nvidia's new flagship gaming GPU  —  Nvidia is unveiling its latest flagship gaming GPU today, the GeForce RTX 3080 Ti. from Techmeme https://ift.tt/2SO787y

Ryan Smith / AnandTech : AMD unveils Radeon RX 6000M series of graphics adapters for gaming laptops, which are based on the RDNA2 architecture that underpins AMD's desktop RX 6000 parts   —  Headlining a busy Computex for AMD - and a bit of return to form in that regard - this evening the company is making several graphics and CPU-related product announcements. from Techmeme https://ift.tt/3vDSoXv

Suchit Leesa-Nguansuk / Bangkok Post : Thailand-based Flash Group, which provides e-commerce logistics services including Flash Express, raises $150M in new funding to become Thailand's first unicorn   —  Startup has a goal to list as leader in Asean  —  Thailand-based Flash Group, which provides e-commerce logistics services … from Techmeme https://ift.tt/3i7c4iH

Wall Street Journal : Sources: PE firms KKR and CD&R are nearing a deal to buy software company Cloudera and take it private; Cloudera has a market value of nearly $4B   —  Agreement to take software firm private could be finalized by Tuesday, sources say  —  Private-equity firms KKR & Co. and Clayton Dubilier & Rice LLC … from Techmeme https://ift.tt/3p7itMg

Zenyum , a startup that wants to make cosmetic dentistry more affordable, announced today it has raised a $40 million Series B. This includes $25 million from L Catterton, a private equity firm focused on consumer brands. The round’s other participants were Sequoia Capital India (Zenyum is an alum of its Surge accelerator program ), RTP Global, Partech, TNB Aura, Seeds Capital and FEBE Ventures. L Catteron Asia’s head of growth investments, Anjana Sasidharan, will join Zenyum’s board. This brings Zenyum’s total raised so far to $56 million, including a $13.6 million Series A announced in November 2019 . In a press statement, Sasidharan said, “Zenyum’s differentiated business model gives it a strong competitive advantage, and we are excited to partner with the founder management team to help them realize their growth ambitions.” Other dental-related investments in L Catteron’s portfolio include Ideal Image, ClearChoice, dentalcorp, OdontoCompany, Espaçolaser and 98point6. Sequoia re

Dan Goodin / Ars Technica : On June 8, Amazon devices will join its Sidewalk wireless mesh network in select countries, sharing a slice of bandwidth with neighbors, unless users opt out   —  Amazon's experiment wireless mesh networking turns users into guinea pigs.  —  If you use Alexa, Echo, or any other Amazon device … from Techmeme https://ift.tt/3fyTAWy

Nilay Patel / The Verge : Q&A with Revathi Advaithi, CEO of Flex, the world's third-largest electronics manufacturing company, on the complicated politics of global manufacturing   —  This week, I'm talking to Revathi Advaithi, CEO of Flex.  Now, Flex isn't a household name, but it is definitely in your household … from Techmeme https://ift.tt/3picZ1v

SpaceX is already underway on building its first floating spaceport platform, and the plan is for it to start hosting launches as early as next year. SpaceX CEO Elon Musk shared those details on the progress of its build for Deimos, one of two converted oil rigs that SpaceX purchased earlier this year in order to transform them into floating launch and landing sites for its forthcoming Starship reusable rocket. SpaceX’s purchase of the two rigs at the beginning of this year was for the creation of Deimos and Phobos, two floating spaceports named after the moons of Mars. They’ll act as offshore staging grounds for Starship launch activities, and the name is appropriate because the eventual plan is to have Starship provide transport for both people and goods to and from the red planet. Ocean spaceport Deimos is under construction for launch next year https://t.co/WJQka399c7 — Elon Musk (@elonmusk) May 30, 2021 Musk and SpaceX have previously shared their vision for a future in

Damon Poeter / VentureBeat : Nvidia and NERSC lab unveil Perlmutter, which they say is the world's fastest supercomputer for AI workloads, built using 6,144 NVIDIA A100 Tensor Core GPUs   —  Elevate your enterprise data technology and strategy at Transform 2021.  —  Nvidia and the National Energy Research Scientific Computing Center … from Techmeme https://ift.tt/34ArdAZ

Hundreds of thousands of Chinese students enrolled in overseas schools are stranded as the COVID-19 pandemic continues to disrupt life and airlines worldwide. Learning at home in China, they all face one challenge: Their school websites and other academic resources load excruciatingly slowly because all web traffic has to pass through the country’s censorship apparatus known as the “great firewall.” Spotting a business opportunity, Alibaba’s cloud unit worked on connecting students in China to their university portals abroad through a virtual private network arrangement with American cybersecurity solutions provider Fortinet to provide, Reuters reported last July, saying Tencent had a similar product. Details of Tencent’s offering have come to light. An app called “ Chang’e Education Acceleration ” debuted on Apple’s App Store in March, helping to speed up loading time for a selection of overseas educational services. It describes itself in a mouthful: “An online learning free acce

Hannah Murphy / Financial Times : Instagram's algorithm will now rank original and reposted content equally amid employee concerns about suppression of pro-Palestinian voices   —  Social media app will promote viral posts and original content equally  —  Instagram is changing its app to show more viral and current affairs … from Techmeme https://ift.tt/3wJECTt

Bloomberg : Apple releases its supplier responsibility report for 2020, saying there was a reduction in major violations of its code of conduct and no cases of child labor   —  - Annual responsibility report covers labor, energy, Covid-19  — Apple stopped providing specific addresses for facilities from Techmeme https://ift.tt/3yPbBrb

Stephen Shankland / CNET : Quic, a UDP-based protocol designed by Google to replace TCP, has been published as a standard by IETF, indicating it's mature enough for mass market adoption   —  It's been eight years since Google first announced the technology to replace the internet's seminal TCP standard. from Techmeme https://ift.tt/2TtNsXc

Sam Byford / The Verge : Xiaomi demos fully charging a 4,000mAh battery in eight minutes over a 200W “HyperCharge” system or in 15 minutes with 120W wireless charging   —  New ‘world records’ in wired and wireless charging  —  Xiaomi has shown off its latest fast charging tech demo … from Techmeme https://ift.tt/2ROy7jz

Dan Taylor / Tech.eu : Stockholm-based digital healthcare provider Doktor.se raises €50M and says it is planning an IPO in Q1 2022   —  Stockholm-based digital healthcare platform Doktor has raised €50 million in a new investment round that saw participation from Consensus Asset Management, Norron … from Techmeme https://ift.tt/3wI9mEo

Tage Kene-Okafor / TechCrunch : Chipper Cash, which provides cross-border payments services in Africa and says it has 4M users, raises $100M Series C led by SVB Capital   —  Fintech in Africa is a goldmine.  Investors are betting big on startups offering a plethora of services from payments and lending to neobanks … from Techmeme https://ift.tt/2RXaRjk

Pieter Haeck / Politico : Euroconsumers, a group of EU consumer agencies, partners with Facebook after settling a lawsuit with Facebook in April over alleged illegal user data harvesting   —  Euroconsumer had promised up to €200 in compensation for people who signed up to its lawsuit against Facebook. from Techmeme https://ift.tt/2R9oUC0