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Tech Meme

Siemens agrees to acquire Boston-based R&D scientific software company Dotmatics from Insight Partners for $5.1B, and expects the deal to close in H1 2026 (Bloomberg) 02-04-2025

Bloomberg: Siemens agrees to acquire Boston-based R&D scientific software company Dotmatics from Insight Partners for $5.1B, and expects the deal to close in H1 2026  —  Siemens AG has agreed to acquire Dotmatics for $5.1 billion as part of a push to provide more artificial intelligence software to life sciences companies. Lees verder op Tech Meme

Key parts of the US Social Security site have crashed in the past week, as phone support is reduced; report: SSA's site was down four times in 10 days in March (Lucas Ropek/Gizmodo) 03-04-2025

Lucas Ropek / Gizmodo: Key parts of the US Social Security site have crashed in the past week, as phone support is reduced; report: SSA’s site was down four times in 10 days in March  —  Elon Musk’s organization has been monkeying with America’s retirement system, with no positive results so far. Lees verder op Tech Meme

Source: President Trump plans to announce TikTok America, a company that is ~50% owned by US investors and 19.9% by ByteDance, which would license the algorithm (Kaya Yurieff/The Information) 02-04-2025

Kaya Yurieff / The Information: Source: President Trump plans to announce TikTok America, a company that is ~50% owned by US investors and 19.9% by ByteDance, which would license the algorithm  —  President Donald Trump plans to announce later on Wednesday his plan for a new company called TikTok America … Lees verder op Tech Meme

Sources: AppLovin has made a bid for TikTok and talked to casino magnate Steve Wynn about backing it; a source says AppLovin pitched itself as a job creator (Wall Street Journal) 02-04-2025

Wall Street Journal: Sources: AppLovin has made a bid for TikTok and talked to casino magnate Steve Wynn about backing it; a source says AppLovin pitched itself as a job creator  —  Trump is expected to be briefed Wednesday on a framework to keep the video-sharing app operational Lees verder op Tech Meme

The White House says “de minimis” exemptions for packages under $800 from China and Hong Kong will end on May 2, affecting Temu, Shein, and other marketplaces (Spencer Soper/Bloomberg) 03-04-2025

Spencer Soper / Bloomberg: The White House says “de minimis” exemptions for packages under $800 from China and Hong Kong will end on May 2, affecting Temu, Shein, and other marketplaces  —  De minimis tariff exemptions, which currently allow packages worth as much as $800 from China and Hong Kong to enter the US duty free … Lees verder op Tech Meme

Apple shares drop 7%+ after hours following Trump's announcement of new tariffs of 46% on Vietnam, 26% on India, and 34%, on top of the existing 20%, on China (Tripp Mickle/New York Times) 03-04-2025

Tripp Mickle / New York Times: Apple shares drop 7%+ after hours following Trump’s announcement of new tariffs of 46% on Vietnam, 26% on India, and 34%, on top of the existing 20%, on China  —  The iPhone maker spent years trying to move production of some products out of China to avoid tariffs.  But now that may not matter. Lees verder op Tech Meme

Tech stocks fall in late trading after President Trump announced new tariffs: Amazon drops as much ~7%, Meta ~5%, Nvidia ~5%, Alphabet ~4%, and Microsoft ~3% (Kif Leswing/CNBC) 03-04-2025

Kif Leswing / CNBC: Tech stocks fall in late trading after President Trump announced new tariffs: Amazon drops as much ~7%, Meta ~5%, Nvidia ~5%, Alphabet ~4%, and Microsoft ~3%  —  Apple slid more than 6% in late trading Wednesday and led a broader decline in tech stocks after President Donald Trump announced … Lees verder op Tech Meme

Apple shares drop 7%+ after hours following Trump's announcement that the US will impose tariffs of 46% on Vietnam, 26% on India, and an additional 34% on China (Tripp Mickle/New York Times) 03-04-2025

Tripp Mickle / New York Times: Apple shares drop 7%+ after hours following Trump’s announcement that the US will impose tariffs of 46% on Vietnam, 26% on India, and an additional 34% on China  —  The iPhone maker spent years trying to move production of some products out of China to avoid tariffs.  But now that may not matter. Lees verder op Tech Meme

Tech stocks fall in late trading after Trump announced new tariffs: Amazon drops as much as ~6%, Meta ~5%, Nvidia ~5%, Alphabet ~3%, and Microsoft ~3% (Kif Leswing/CNBC) 03-04-2025

Kif Leswing / CNBC: Tech stocks fall in late trading after Trump announced new tariffs: Amazon drops as much as ~6%, Meta ~5%, Nvidia ~5%, Alphabet ~3%, and Microsoft ~3%  —  Apple slid more than 6% in late trading Wednesday and led a broader decline in tech stocks after President Donald Trump announced new tariffs … Lees verder op Tech Meme

Source: Scale AI generated ~$870M in revenue in 2024, with its annualized run rate reaching $1.5B by the end of the year, and expects $2B in revenue in 2025 (Bloomberg) 03-04-2025

Bloomberg: Source: Scale AI generated ~$870M in revenue in 2024, with its annualized run rate reaching $1.5B by the end of the year, and expects $2B in revenue in 2025  —  Startup generated revenue of about $870 million last year.  —  Scale AI, a startup that helps companies develop artificial … Lees verder op Tech Meme