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Techmeme

Kleiner Perkins raised $3.5B for two new funds, allocating $1B to its 22nd early-stage fund and $2.5B to a growth-stage fund, taking its AUM to $21B+ (Caroline Hyde/Bloomberg)

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Russian space startup Bureau 1440 says it launched 16 broadband internet satellites, an early operational step in a low-Earth orbit network set to rival SpaceX (Anthony Halpin/Bloomberg)

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How Palantir became a flashpoint on the US campaign trail due to its ICE work, ahead of the midterms; six lawmakers publicly refuse any further Palantir funds (Financial Times)

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Amazon says its AWS region in Bahrain has been "disrupted" due to drone activity in the area amid the US-led Iran war, marking the second disruption in a month (Greg Bensinger/Reuters)

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Xiaomi reports Q4 revenue up 7.3% YoY to ~$17B, narrowly above est., its slowest growth since 2023, as EV sales failed to make up for slumping smartphone demand (Bloomberg)

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In a Kleiner podcast interview, DOD official Emil Michael says he will "never forget" nor "forgive" Uber investors that ousted him and Travis Kalanick in 2017 (Connie Loizos/TechCrunch)

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European VC firm Hummingbird raised $800M to find "misfit" founders, taking its total assets to ~$2B, after backing Kraken and AI vibe coding startup Lovable (Financial Times)

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