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Tech News - Techmeme

A collection of tech news feed from Techmeme.

QTITELTITELTITELTITELA with David Trachy, Senior Director of Emerging Markets at storage company Spectra Logic, on the resurgence of tape for archival storage, DNA storage, more (Desire Athow/TechRadar)

Desire Athow / TechRadar: Q&A with David Trachy, Senior Director of Emerging Markets at storage company Spectra Logic, on the resurgence of tape for archival storage, DNA storage, more  —  A Q&A with David Trachy, Senior Director of Emerging Markets at Spectra Logic  —  In the world of archival storage, tape is the undisputed king.

IDC: companies around the world are on pace to spend $240.6B on edge computing through 2024, at a compound annual growth rate of more than 15% (Angus Loten/Wall Street Journal)

Angus Loten / Wall Street Journal: IDC: companies around the world are on pace to spend $240.6B on edge computing through 2024, at a compound annual growth rate of more than 15%  —  Firms world-wide on pace to spend $240.6 billion on edge computing through 2024  —  Companies are expected to raise spending over the next few years …

Report: fintech startups across India, Africa, and Latin America raised a total of $23B since 2017; Indian companies raised $11.6B, including $4.8B just in 2019 (Tage Kene-Okafor/TechCrunch)

Tage Kene-Okafor / TechCrunch: Report: fintech startups across India, Africa, and Latin America raised a total of $23B since 2017; Indian companies raised $11.6B, including $4.8B just in 2019  —  Tech investments in emerging markets have been in full swing over the past couple of years and their ecosystems have thrived as a result.

The Colonial Pipeline, which transports roughly 45% of fuel consumed on the US East Coast, says it halted all operations due to a cyberattack (Miguel Bustillo/Wall Street Journal)

Miguel Bustillo / Wall Street Journal: The Colonial Pipeline, which transports roughly 45% of fuel consumed on the US East Coast, says it halted all operations due to a cyberattack  —  Operator of the Colonial Pipeline, the leading fuel conduit to the East Coast, said it had temporarily halted operations after discovering the threat Friday

Researchers used an ML algorithm based on neural networks to upgrade a cosmological simulation from low to super resolution, helping to accelerate their studies (Carnegie Mellon University)

Carnegie Mellon University: Researchers used an ML algorithm based on neural networks to upgrade a cosmological simulation from low to super resolution, helping to accelerate their studies  —  - Associate Dean for Communications, MCS  —  A universe evolves over billions upon billions of years, but researchers …

Semiconductor firms received more than $12B from equity investors in 2020, up 8x since 2016, as the industry sees a spike in new startups and ideas (Don Clark/New York Times)

Don Clark / New York Times: Semiconductor firms received more than $12B from equity investors in 2020, up 8x since 2016, as the industry sees a spike in new startups and ideas  —  While a variety of industries struggle with supplies, semiconductor experts say there are plenty of new ideas and, most surprising, start-ups.

Bitski, which builds custom NFT storefronts for brands and creators, raises $19M Series A led by a16z and others including Jay-Z, MrBeast, and Serena Williams (Lucas Matney/TechCrunch)

Lucas Matney / TechCrunch: Bitski, which builds custom NFT storefronts for brands and creators, raises $19M Series A led by a16z and others including Jay-Z, MrBeast, and Serena Williams  —  Bitski, an SF-based startup that builds custom NFT storefronts for brands and creators, is banking on the latter, and they have new investors betting the same.
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