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Tech News - Techmeme

A collection of tech news feed from Techmeme.

UK-based Motorway, a second-hand car auction site used by 4K+ car dealers, raises a $190M Series C at a $1B+ valuation after raising a $67.7M Series B in June (Mike Butcher/TechCrunch)

Mike Butcher / TechCrunch: UK-based Motorway, a second-hand car auction site used by 4K+ car dealers, raises a $190M Series C at a $1B+ valuation after raising a $67.7M Series B in June  —  It was only in June that Motorway - a U.K. platform on which professional car dealers can bid in an auction for privately owned cars for sale …

Vestager asks the EU Parliament and Council to approve the Digital Markets Act and the Digital Services Act as a matter of urgency, even if they are imperfect (Javier Espinoza/Financial Times)

Javier Espinoza / Financial Times: Vestager asks the EU Parliament and Council to approve the Digital Markets Act and the Digital Services Act as a matter of urgency, even if they are imperfect  —  EU competition chief argues in favour of getting “80 per cent now than 100 per cent never”  —  Margrethe Vestager …

How "neo-conglomerates" like Apple, Amazon, Alphabet, Microsoft, and Meta replaced and outgrew industrial conglomerates like GE, Toshiba, and Johnson TITELTITELTITELTITEL Johnson (Christopher Mims/Wall Street Journal)

Christopher Mims / Wall Street Journal: How “neo-conglomerates” like Apple, Amazon, Alphabet, Microsoft, and Meta replaced and outgrew industrial conglomerates like GE, Toshiba, and Johnson & Johnson  —  As General Electric and other old-school behemoths break up, Amazon, Apple, Alphabet, Microsoft and Meta are taking …

Spotify confirms it is retiring the Car View mode in its mobile apps, offering no replacement, but says it is working to improve how users listen while driving (Arol Wright/Android Police)

Arol Wright / Android Police: Spotify confirms it is retiring the Car View mode in its mobile apps, offering no replacement, but says it is working to improve how users listen while driving  —  Everyone likes listening to music in their car, so it´s little surprise that Spotify had a Car View mode, allowing users to jam …

Now that most video game platforms have a digital-only purchasing option, paying separately for the same video game on each is indefensible (Vlad Savov/Bloomberg)

Vlad Savov / Bloomberg: Now that most video game platforms have a digital-only purchasing option, paying separately for the same video game on each is indefensible  —  Hey, this is Vlad in Tokyo, your substitute for Jason from a land where we worked on Thursday.  Today we´re going to be discussing the lucrative fragmentation …

Italy fines Apple and Google TITELTITELTITELTITELeuro;10M each for "aggressive" data practices and not providing users with clear enough information on commercial uses of their data (Natasha Lomas/TechCrunch)

Natasha Lomas / TechCrunch: Italy fines Apple and Google €10M each for “aggressive” data practices and not providing users with clear enough information on commercial uses of their data  —  Apple and Google have been fined €10 million apiece by Italy´s competition and market authority (AGCM) …

Chinese GPU maker Moore Threads raises a $313M Series A co-led by Source Code Capital, Shanghai Guosheng Group, and Bohai Sheng Industrial Fund Management (Liya Su/DealStreetAsia)

Liya Su / DealStreetAsia: Chinese GPU maker Moore Threads raises a $313M Series A co-led by Source Code Capital, Shanghai Guosheng Group, and Bohai Sheng Industrial Fund Management  —  Moore Threads, a Chinese semiconductor player which provides graphics processing units (GPUs), announced on Thursday that it has raked …
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