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Deel, which offers HR software for hiring a remote global workforce, says it hit $295M ARR this month and confirms it raised $50M in Q2 2022 at a $12B valuation (Kenrick Cai/Forbes)

Kenrick Cai / Forbes: Deel, which offers HR software for hiring a remote global workforce, says it hit $295M ARR this month and confirms it raised $50M in Q2 2022 at a $12B valuation  —  Alex Bouaziz, cofounder and CEO of Deel, is armed with metrics that would be enviable to nearly every software startup

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Apple Mac mini (M2 Pro) review: terrific performance, many ports, Wi-Fi 6E, and Bluetooth 5.3, but no front ports or SD card and a tricky peripherals setup (Chris Welch/The Verge)

Chris Welch / The Verge: Apple Mac mini (M2 Pro) review: terrific performance, many ports, Wi-Fi 6E, and Bluetooth 5.3, but no front ports or SD card and a tricky peripherals setup  —  With two processor choices — one for everyday computing, the other for conquering creative work — Apple’s littlest Mac has never been

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US Certifies First Small Modular Nuclear Reactor

(Credit: NuScale Power)The US Nuclear Regulatory Commission (NRC) has certified the design for the country’s first-ever small modular nuclear reactor. In the Federal Register on Thursday, the NRC established a rule allowing the so-called “NuScale reactor” to be used within the US beginning on Feb. 21, 2023. The rule paves the way for companies to

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VC firm Highland Europe raised a €1B fund, its fifth, bringing its total raised to €2.75B; PitchBook: European startup investment fell 16% YoY to €91.6B in 2022 (Ivan Levingston/Financial Times)

Ivan Levingston / Financial Times: VC firm Highland Europe raised a €1B fund, its fifth, bringing its total raised to €2.75B; PitchBook: European startup investment fell 16% YoY to €91.6B in 2022  —  New fundraising by tech investing firm bucks trend of slowdown across venture capital industry

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2023 will be the year foldables go mainstream

Credit: Samsung Opinion post by Dhruv Bhutani The growth of the foldable smartphone market should come as no surprise to anyone with even a passing interest in the mobile business. As traditional smartphones hit peak innovation, the ensuing slowdown in upgrades is making them boring, and some of the best foldable phones are taking up

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Apple MacBook Pro (16-inch, M2 Max) review: incredible performance and speakers, big battery gains, and gorgeous display, but pricey and limited upgradability (Monica Chin/The Verge)

Monica Chin / The Verge: Apple MacBook Pro (16-inch, M2 Max) review: incredible performance and speakers, big battery gains, and gorgeous display, but pricey and limited upgradability  —  Apple’s new MacBook Pro 16 with M2 Max has exactly one significant upgrade from the 2021 model: a more powerful chip.

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OpenAI announces an investment by Microsoft, a source says totalling $10B over years, after 2019 and 2021 investments, to build “safe, useful, and powerful” AI (Dina Bass/Bloomberg)

Dina Bass / Bloomberg: OpenAI announces an investment by Microsoft, a source says totalling $10B over years, after 2019 and 2021 investments, to build “safe, useful, and powerful” AI  —  Microsoft Corp. is making a $10 billion investment over several years in OpenAI, the pioneering artificial intelligence research lab behind ChatGPT and DALL-E.

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Spotify plans to lay off ~6% of its workforce, or roughly 600 jobs, says content head Dawn Ostroff will leave, and reorganizes engineering and product groups (Eva Mathews/Reuters)

Eva Mathews / Reuters: Spotify plans to lay off ~6% of its workforce, or roughly 600 jobs, says content head Dawn Ostroff will leave, and reorganizes engineering and product groups  —  Music streaming firm Spotify plans to cut 6% of its workforce, the company said on Monday, a move that will add to a glut

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Germany’s cartel regulator opens an investigation into PayPal Europe over possibly hindering competition, including merchant rules for other payment services (Karin Matussek/Bloomberg)

Karin Matussek / Bloomberg: Germany’s cartel regulator opens an investigation into PayPal Europe over possibly hindering competition, including merchant rules for other payment services  —  Germany’s antitrust regulator opened an investigation into PayPal Holdings Inc. over potential obstruction of competitors and restriction of price competition

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As China introduces rules to combat deepfakes, authorities around the world have approved few regulations, often because of free speech concerns (Tiffany Hsu/New York Times)

Tiffany Hsu / New York Times: As China introduces rules to combat deepfakes, authorities around the world have approved few regulations, often because of free speech concerns  —  Few governments have approved regulations, often because of free-speech concerns.  New mandates from China could change the tone of the debate on digital forgeries.

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Wells Fargo, BofA, JPMorgan, and four other banks are working on a digital wallet, managed by Zelle owner Early Warning Services, rolling out in H2 2023 (AnnaMaria Andriotis/Wall Street Journal)

AnnaMaria Andriotis / Wall Street Journal: Wells Fargo, BofA, JPMorgan, and four other banks are working on a digital wallet, managed by Zelle owner Early Warning Services, rolling out in H2 2023  —  Financial institutions behind Zelle are working on a wallet for consumers to use at online checkout  —  Big banks are teaming …

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