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Paris-based Pivot, which sells spend management and procurement software, raised a $21.6M Series A, after raising a $5.3M pre-seed round in April 2023 (Romain Dillet/TechCrunch)

Romain Dillet / TechCrunch: Paris-based Pivot, which sells spend management and procurement software, raised a $21.6M Series A, after raising a $5.3M pre-seed round in April 2023  —  French startup Pivot is an interesting startup story as it is scaling at a rapid pace even though startup investments are down in Europe.

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European Union aims for quantum tech advancements

The European Union (EU) has declared its goal to be at the forefront of quantum technology advancements, as eleven of its member countries signed the European Declaration on Quantum Technologies. Participating nations, such as France, Spain, and Greece, intend to establish a strong quantum ecosystem in preparation for the expected significant technological shift. These countries

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A parliamentary report warns the UK is vulnerable to a “catastrophic ransomware attack at any moment” because of the government’s failures to tackle ransomware (Alexander Martin/The Record)

Alexander Martin / The Record: A parliamentary report warns the UK is vulnerable to a “catastrophic ransomware attack at any moment” because of the government’s failures to tackle ransomware  —  Because of the British government’s failures to tackle ransomware, there is a “high risk” the country faces a …

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Kakao names Shina Chung, the head of its corporate VC arm, as its next CEO; Chung is a rare female leader in South Korea’s male-dominated business sphere (Yoolim Lee/Bloomberg)

Yoolim Lee / Bloomberg: Kakao names Shina Chung, the head of its corporate VC arm, as its next CEO; Chung is a rare female leader in South Korea’s male-dominated business sphere  —  The company plans to formally announce the appointment of Shina Chung, 48, as its new chief executive officer following a board meeting …

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Meta is working to extend its fact-checking to Threads early next year; its fact-checking now only rates Threads content matching posts on Facebook or Instagram (Malak Saleh/Engadget)

Malak Saleh / Engadget: Meta is working to extend its fact-checking to Threads early next year; its fact-checking now only rates Threads content matching posts on Facebook or Instagram  —  The program will roll out next year, according to executives.  —  Threads is going to make an effort to moderate more of the user-generated content

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x86 ENTER: What’s that Second Parameter?

[Raymond Chen] wondered why the x86 ENTER instruction had a strange second parameter that seems to always be set to zero. If you’ve ever wondered, [Raymond] explains what he learned in a recent blog post. If you’ve ever taken apart the output a C compiler or written assembly programs,  you probably know that ENTER is

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Fujitsu plans to sell its chip packaging unit Shinko Electric for ~$4.8B to a group led by Japan Investment Corp., in an effort to offload non-core operations (Nikkei Asia)

Nikkei Asia: Fujitsu plans to sell its chip packaging unit Shinko Electric for ~$4.8B to a group led by Japan Investment Corp., in an effort to offload non-core operations  —  Fujitsu is selling unit Shinko Electric Industries to a consortium led by state-owned Japan Investment Corp. © Reuters

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Microsoft and CWA Union reach AI agreement

Microsoft has entered an agreement with the Communications Workers of America (CWA) union regarding contractual terms focused on applying artificial intelligence (AI) within the company. This deal marks the first instance of collective bargaining in Microsoft’s US history. It is expected to allow employees to participate in discussions about deploying AI technology. The contract affects

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Apple updates its law enforcement guidelines to now require a judge’s order before handing over users’ push notification data, instead of only a subpoena (Raphael Satter/Reuters)

Raphael Satter / Reuters: Apple updates its law enforcement guidelines to now require a judge’s order before handing over users’ push notification data, instead of only a subpoena  —  Apple (AAPL.O) has said it now requires a judge’s order to hand over information about its customers’ push notification to law enforcement …

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Microsoft warns that threat actors are misusing OAuth apps to automate phishing attacks, push spam, and deploy VMs for crypto mining (Sergiu Gatlan/BleepingComputer)

Sergiu Gatlan / BleepingComputer: Microsoft warns that threat actors are misusing OAuth apps to automate phishing attacks, push spam, and deploy VMs for crypto mining  —  Microsoft warns that financially-motivated threat actors are using OAuth applications to automate BEC and phishing attacks, push spam, and deploy VMs for cryptomining.

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True Anomaly, a startup designing hardware and software for military and intelligence space reconnaissance systems, raised a $100M Series B led by Riot Ventures (Bloomberg)

Bloomberg: True Anomaly, a startup designing hardware and software for military and intelligence space reconnaissance systems, raised a $100M Series B led by Riot Ventures  —  – Contractor’s spacecraft to track national threats in orbit  — Threats can range from enemy satellites to space debris

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Broadcom’s VMware Cloud Foundation Division announces the end of perpetual licenses and a move to subscriptions, plus a simplification of its product portfolio (Simon Sharwood/The Register)

Simon Sharwood / The Register: Broadcom’s VMware Cloud Foundation Division announces the end of perpetual licenses and a move to subscriptions, plus a simplification of its product portfolio  —  Also kills perpetual licenses, adds a vSphere bundle for smaller users  —  +COMMENT Broadcom’s VMware Cloud Foundation Division …

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A look at Twitter’s culture prior to Elon Musk’s acquisition, when it focused on improving the health of online conversations, rather than growth at all costs (Zoë Schiffer/The Verge)

Zoë Schiffer / The Verge: A look at Twitter’s culture prior to Elon Musk’s acquisition, when it focused on improving the health of online conversations, rather than growth at all costs  —  the early ’10s, Twitter was at the height of its power.  The company had yet to turn a profit, but it had played

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ASML and Samsung plan to jointly spend ~$760M to build a research plant in South Korea using ASML’s next-generation extreme ultraviolet equipment technology (Cagan Koc/Bloomberg)

Cagan Koc / Bloomberg: ASML and Samsung plan to jointly spend ~$760M to build a research plant in South Korea using ASML’s next-generation extreme ultraviolet equipment technology  —  The plant will use next-generation extreme ultraviolet equipment technology, available exclusively via ASML, that’s used to produce high-end chips …

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Ukraine’s defense intelligence directorate claims to have hacked Russia’s state tax service and that Russia has been trying to restore the service for four days (Daryna Antoniuk/The Record)

Daryna Antoniuk / The Record: Ukraine’s defense intelligence directorate claims to have hacked Russia’s state tax service and that Russia has been trying to restore the service for four days  —  Ukraine’s defense intelligence directorate (GUR) said it infected thousands of servers belonging to Russia’s state tax service with malware …

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A look at Praxis, which raised $19.2M from Paradigm, Alameda Research, and others to build a city on the Mediterranean for tech bros and downtown NY tastemakers (Joseph Bernstein/New York Times)

Joseph Bernstein / New York Times: A look at Praxis, which raised $19.2M from Paradigm, Alameda Research, and others to build a city on the Mediterranean for tech bros and downtown NY tastemakers  —  Dryden Brown wants Praxis to be a crypto-city for tech bros and tastemakers.  Just don’t ask for details.

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