March 3, 20230CommentsShef, a chef-to-consumer marketplace, raised a $73.5M Series B in June 2022, including $7M in debt, led by CRV with participation from a16z and Amex Ventures (Christine Hall/TechCrunch)
March 3, 20230CommentsHPE acquires cloud security startup Axis Security, reportedly for $500M, via HPE’s subsidiary Aruba; Axis has raised $100M in funding to date (Michael Novinson/BankInfoSecurity.com)
March 3, 20230CommentsEricsson pleads guilty to US bribery violations and agrees to pay $206M+ in penalties; the company paid $1B+ in fines to the US DOJ and SEC in 2019 for bribery (Rohan Goswami/CNBC)
March 3, 20230CommentsBrave Search launches Summarizer, which provides a synopsis of search results for some queries using its own LLM trained to fight “unsubstantiated assertions” (Ivan Mehta/TechCrunch)
March 3, 20230CommentsDell reports Q4 revenue down 11% YoY to $25B, commercial PC revenue down 17% YoY to $10.7B, and names Yvonne McGill to replace CFO Tom Sweet, effective August 5 (Wall Street Journal)
March 3, 20230CommentsMemo: CNET EIC Connie Guglielmo, who defended CNET’s use of AI tools, plans to step down to become Red Ventures’ SVP of AI content strategy and editor-at-large (Mia Sato/The Verge)
March 3, 20230CommentsUS civil liberties and digital rights groups are speaking out against calls to ban TikTok, arguing the move would violate users’ First Amendment rights (Washington Post)
March 3, 20230CommentsTel Aviv-based Hexa, which helps companies create and manage 3D models for AR/VR shopping experiences and other applications, raised a $20.5M Series A (Kyle Wiggers/TechCrunch)