Tech Arm CEO Rene Haas says the company is committed to an IPO in 2023 after reporting Q3 revenue up 28% YoY to $746M and upfront license revenue up 65% YoY to $300M (Stephen Nellis/Reuters)
Tech Zeitview, formerly DroneBase, which offers drone imagery, software, and analytics for the energy and infrastructure sectors, raised a $55M Series E led by Valor (Kyle Wiggers/TechCrunch)
Tech At the State of the Union, Biden called for Congress to strengthen data privacy protections and antitrust enforcement to stop Big Tech from self-preferencing (Makena Kelly/The Verge)
Tech Source: Microsoft plans to release software to help large companies create and customize their own chatbots using ChatGPT technology later this year (Jordan Novet/CNBC)
Tech Filing: eBay plans to lay off ~500 employees, ~4% of its total workforce, to create space to invest in "new technologies, customer innovations, and key markets" (Reuters)
Tech Enterprise cloud spending in Q4 grew 21% YoY to $61.6B, but that growth was hampered by the strong US dollar and a restricted Chinese market (Dan Robinson/The Register)
Tech Magic, which is developing a code-generating tool similar to GitHub’s Copilot, raised a $23M Series A led by Alphabet’s CapitalG (Kyle Wiggers/TechCrunch)
Tech The Samsung Galaxy S23 series has a Game Booster setting that lets a plugged-in phone bypass the battery to use power directly from the charger, reducing heat (Ben Schoon/9to5Google)
