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Monday, 31 May 2021
Wefox, a Berlin-based digital insurer focused on personal insurance products, raises $650M Series C led by Target Global at a post-money valuation of $3B (Romain Dillet/TechCrunch)
Nvidia announces flagship gaming GPU GeForce RTX 3080 Ti, promises to deliver 1.5x more performance over RTX 2080 Ti, available worldwide on June 3 for $1,199 (Tom Warren/The Verge)
AMD unveils Radeon RX 6000M series of graphics adapters for gaming laptops, which are based on the RDNA2 architecture that underpins AMD's desktop RX 6000 parts (Ryan Smith/AnandTech)
Thailand-based Flash Group, which provides e-commerce logistics services including Flash Express, raises $150M in new funding to become Thailand's first unicorn (Suchit Leesa-Nguansuk/Bangkok Post)
Singapore-based D2C dental brand Zenyum raises $40M Series B from L Catterton, Sequoia India and other investors
Sources: PE firms KKR and CD&R are nearing a deal to buy software company Cloudera and take it private; Cloudera has a market value of nearly $4B (Wall Street Journal)
Starting June 8, Amazon devices will join the company's Sidewalk wireless mesh network, sharing a slice of bandwidth with neighbors, unless users opt out (Dan Goodin/Ars Technica)
Q&A with Revathi Advaithi, CEO of Flex, the world's third-largest electronics manufacturing company, on the complicated politics of global manufacturing (Nilay Patel/The Verge)
Nvidia and NERSC lab unveil Perlmutter, which they say is the world's fastest supercomputer for AI workloads, built using 6,144 NVIDIA A100 Tensor Core GPUs (Damon Poeter/VentureBeat)
Tencent helps Chinese students skip prohibitively low speeds for school websites overseas

Instagram's algorithm will now rank original and reposted content equally amid employee concerns about suppression of pro-Palestinian voices (Hannah Murphy/Financial Times)
Apple releases its supplier responsibility report for 2020, saying there was a reduction in major violations of its code of conduct and no cases of child labor (Bloomberg)
Quic, a UDP-based protocol designed by Google to replace TCP, has been published as a standard by IETF, indicating it's mature enough for mass market adoption (Stephen Shankland/CNET)
Xiaomi demos fully charging a 4,000mAh battery in eight minutes over a 200W "HyperCharge" system or in 15 minutes with 120W wireless charging (Sam Byford/The Verge)
Stockholm-based digital healthcare provider Doktor.se raises €50M and says it is planning an IPO in Q1 2022 (Dan Taylor/Tech.eu)
Chipper Cash, which provides cross-border payments services in Africa and says it has 4M users, raises $100M Series C led by SVB Capital (Tage Kene-Okafor/TechCrunch)
Euroconsumers, a group of EU consumer agencies, partners with Facebook after settling a lawsuit with Facebook in April over alleged illegal user data harvesting (Pieter Haeck/Politico)
Video e-learning platform for MENA, Almentor, closes $6.5M Series B led by Partech
