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Sources: contract electronics manufacturer Zetwerk plans to file for an IPO in India, aiming to raise ~$550M at a ~$4B valuation; it was valued at $3.1B in 2024 (Reuters)

Reuters : Sources: contract electronics manufacturer Zetwerk plans to file for an IPO in India, aiming to raise ~$550M at a ~$4B valuation; it was valued at $3.1B in 2024   —  India's Zetwerk is preparing to confidentially file draft papers for an initial public offering within the next one to two weeks … from Techmeme https://ift.tt/xvipsTt via IFTTT
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Memo: Roblox is planning to take a share of revenue from sponsorships in its games and is overhauling advertising policies beginning May 4 (Cecilia D'Anastasio/Bloomberg)

Cecilia D'Anastasio / Bloomberg : Memo: Roblox is planning to take a share of revenue from sponsorships in its games and is overhauling advertising policies beginning May 4   —  Roblox Corp. will take a share of revenue from sponsorships in its games as part of a major overhaul of its advertising policies. from Techmeme https://ift.tt/pRQaqWm via IFTTT
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Bluesky raised a $100M Series B led by Bain Capital Crypto in April 2025, following a $15M Series A in 2024 and an $8M seed in 2023; it now has over 43M users (Sarah Perez/TechCrunch)

Sarah Perez / TechCrunch : Bluesky raised a $100M Series B led by Bain Capital Crypto in April 2025, following a $15M Series A in 2024 and an $8M seed in 2023; it now has over 43M users   —  Social network Bluesky is gearing up for big changes with today's news that the company raised $100 million in Series B funding. from Techmeme https://ift.tt/lDcbdjS via IFTTT
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Google moved some staffers working on Project Mariner, its AI agent that can navigate Chrome and complete tasks on a user's behalf, to higher-priority projects (Maxwell Zeff/Wired)

Maxwell Zeff / Wired : Google moved some staffers working on Project Mariner, its AI agent that can navigate Chrome and complete tasks on a user's behalf, to higher-priority projects   —  As Silicon Valley obsesses over a new wave of AI coding agents, Google and other AI labs are shifting their bets. from Techmeme https://ift.tt/YdxXFGt via IFTTT
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Compute startup Andromeda raised new funding from Paradigm at a $1.5B valuation, bringing Paradigm's total to $60M; it passed a $100M revenue run rate in 2025 (Upstarts Media)

Upstarts Media : Compute startup Andromeda raised new funding from Paradigm at a $1.5B valuation, bringing Paradigm's total to $60M; it passed a $100M revenue run rate in 2025   —  Once a service spun up by AI investors Nat Friedman and Daniel Gross, Andromeda has now raised $60M from Paradigm to stand alone. from Techmeme https://ift.tt/GxClyXb via IFTTT
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Meta makes its Meta Lab NYC pop-up on Fifth Avenue a permanent flagship location after signing a 10-year lease; it opened its first flagship store in LA in 2025 (Kanika Talwar/WWD)

Kanika Talwar / WWD : Meta makes its Meta Lab NYC pop-up on Fifth Avenue a permanent flagship location after signing a 10-year lease; it opened its first flagship store in LA in 2025   —  The tech company has signed a decade-long lease for its Meta Lab town house on Fifth Avenue. from Techmeme https://ift.tt/MgtWBbO via IFTTT
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At an all-hands, Andy Jassy said he expects AI to help AWS reach $600B in annual sales by 2036, double his prior estimate; AWS had revenue of $128.7B in 2025 (Greg Bensinger/Reuters)

Greg Bensinger / Reuters : At an all-hands, Andy Jassy said he expects AI to help AWS reach $600B in annual sales by 2036, double his prior estimate; AWS had revenue of $128.7B in 2025   —  Amazon O> CEO Andy Jassy said during an internal all-hands meeting he expects artificial intelligence could help cloud computing … from Techmeme https://ift.tt/A5UqmXJ via IFTTT
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