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Atomico: European startups are on track to raise $85B in 2022, down from $100B+ in 2021; the European tech industry lost ~$400B in value, dropping to $2.7T (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch: Atomico: European startups are on track to raise $85B in 2022, down from $100B+ in 2021; the European tech industry lost ~$400B in value, dropping to $2.7T  —  Startups across Europe are on track to raise $85 billion in funding this year — a drop of $15 billion on 2021 levels

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Researchers find industrial robot exposure among Chinese workers led to a 7.5% decline in employment, 9% drop in hourly wages, and 14% increase in hours worked (Thomas Claburn/The Register)

Thomas Claburn / The Register: Researchers find industrial robot exposure among Chinese workers led to a 7.5% decline in employment, 9% drop in hourly wages, and 14% increase in hours worked  —  Exposed to ‘droids?  Symptoms may include disinterest, unemployment, lower pay, along with a bit of depopulation

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Pinterest adds Elliott Management’s Marc Steinberg to its board as part of an agreement with the activist investor; Elliott has a stake of over 9% in Pinterest (Sarah E. Needleman/Wall Street Journal)

Sarah E. Needleman / Wall Street Journal: Pinterest adds Elliott Management’s Marc Steinberg to its board as part of an agreement with the activist investor; Elliott has a stake of over 9% in Pinterest  —  Activist investor has also entered into a long-term agreement to help the social-media company grow

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Microsoft signs a 10-year deal to bring Call of Duty to Nintendo platforms for the first time, pending FTC approval of its Activision Blizzard acquisition (Shannon Liao/Washington Post)

Shannon Liao / Washington Post: Microsoft signs a 10-year deal to bring Call of Duty to Nintendo platforms for the first time, pending FTC approval of its Activision Blizzard acquisition  —  Microsoft has signed a deal to bring the Activision Blizzard-published Call of Duty franchise to Nintendo for the first time …

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PSA: Watch Out for White Filament

We all know that using 3D printing filament with exotic filament that has metal or carbon fibers in it will tend to wear standard nozzles. That’s why many people who work with filaments like that use something other than conventional brass nozzles like hardened steel. There are even nozzles that have a ruby or diamond

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Nigeria’s central bank slashes the daily ATM withdrawal limit from ~$337/day to ~$45/day in a bid to boost digital payments and eNaira digital currency adoption (Bloomberg)

Bloomberg: Nigeria’s central bank slashes the daily ATM withdrawal limit from ~$337/day to ~$45/day in a bid to boost digital payments and eNaira digital currency adoption  —  Nigeria’s central bank slashed the daily withdrawal limit from automatic teller machines in a bid to boost digital payments in Africa’s most-populous nation.

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An Australian court fined Uber A$21M for threatening cancellation fees it never charged and overstating fare estimates on some rides; ACCC sought a A$26M fine (Byron Kaye/Reuters)

Byron Kaye / Reuters: An Australian court fined Uber A$21M for threatening cancellation fees it never charged and overstating fare estimates on some rides; ACCC sought a A$26M fine  —  An Australian court fined Uber Technologies Inc (UBER.N) A$21 million ($14 million) on Wednesday for threatening cancellation fees …

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US Congress omits the Journalism Competition and Preservation Act from the defense spending bill, amid intense pushback from industry and advocacy groups (Cristiano Lima/Washington Post)

Cristiano Lima / Washington Post: US Congress omits the Journalism Competition and Preservation Act from the defense spending bill, amid intense pushback from industry and advocacy groups  —  Facebook threatened to block news in the U.S. over the measure, which was under consideration as part of a defense package

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A survey finds that while 50% of businesses have adopted AI in 2022, 2.5x higher than in 2017, AI adoption has plateaued between 50%-60% for the past few years (McKinsey & Company)

McKinsey & Company: A survey finds that while 50% of businesses have adopted AI in 2022, 2.5x higher than in 2017, AI adoption has plateaued between 50%-60% for the past few years  —  Adoption has more than doubled since 2017, though the proportion of organizations using AI 1 has plateaued between 50 and 60 percent

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How, in two years, JioMart grew to fulfill 600K grocery deliveries per day in 260 Indian cities, via WhatsApp integration and using Dunzo for last-mile delivery (Nilesh Christopher/Rest of World)

Nilesh Christopher / Rest of World: How, in two years, JioMart grew to fulfill 600K grocery deliveries per day in 260 Indian cities, via WhatsApp integration and using Dunzo for last-mile delivery  —  In its first Diwali season, JioMart’s daily sales grew by 2.5 times, with the company managing to shed its grocery-only image.

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How to charge your Beats Studio Buds

Apple keeps tip-toeing back and forth between USB-C and lightning connectors for various products. Because the Beats Studio Buds are targeted at a broader audience outside the Apple ecosystem, the case charges via USB-C. That may have inconvenienced some Apple enthusiasts, and unlike recent AirPods models, the buds don’t support wireless charging. Worry not; Android

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Loft Dynamics, which makes a VR training simulator for helicopter pilots, has raised $20M in a round led by Craft Ventures, Sky Dayton, and Up Partners (Paul Sawers/TechCrunch)

Paul Sawers / TechCrunch: Loft Dynamics, which makes a VR training simulator for helicopter pilots, has raised $20M in a round led by Craft Ventures, Sky Dayton, and Up Partners  —  Loft Dynamics, a Swiss startup creating virtual reality (VR) simulation technology for helicopter pilots, has raised $20 million in funding …

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The World’s Brightest Laser Pointer?

The videos from [styropyro] are always amusing and informative. However, ironically for him, he is alarmed that many green laser pointers are more powerful than they are supposed to be. Sure, you often want a powerful laser, but if you think a laser is safe and it isn’t, you could… well… put an eye out.

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Hedge fund Fir Tree Capital sues Grayscale Investments for info on potential mismanagement, as GBTC, down ~74% YTD, trades at a ~43% discount to its BTC’s value (Bloomberg)

Bloomberg: Hedge fund Fir Tree Capital sues Grayscale Investments for info on potential mismanagement, as GBTC, down ~74% YTD, trades at a ~43% discount to its BTC’s value  —  Fir Tree Capital Management is suing Grayscale Investments for information to investigate potential mismanagement and conflicts …

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