Tech Meme

Akash Sriram / Reuters: Crosspoint Capital Partners plans to acquire Canadian cybersecurity company Absolute Software for $657M, or a 34% premium to the US-listed stock’s last close  —  Canada’s Absolute Software (ABST.TO) said on Thursday it had agreed to be taken private by Crosspoint Capital Partners for $657 million … Lees verder op Tech Meme

CNBC: Sensor Tower: Bluesky had 628K mobile downloads in April 2023, up 606% from March, when its Android app launched, in addition to iOS; Mastodon had 90K downloads  —  – Bluesky has exploded in popularity over the past few months as measured by the number of mobile app downloads on both iOS and Android platforms. Lees verder op Tech Meme

Jack Schickler / CoinDesk: A US judge rules that nearly $300M in BlockFi’s wallets belong to clients, not the bankrupt lender’s estate; $375M in interest-bearing accounts is the estate’s  —  A further $375 million that users tried to transfer out of interest-bearing accounts after Nov. 10 still belongs to the estate, Bankruptcy Judge Michael Kaplan said Lees verder op Tech Meme

Jagmeet Singh / TechCrunch: WhatsApp rolls out back-end updates to tackle spam calls, particularly prevalent in India, using its AI and ML systems, hoping to reduce the spam calls by 50%+  —  WhatsApp has announced that it has introduced back-end updates to tackle spam calls, which are particularly prevalent in India right now. Lees verder op Tech Meme

Vansh Agarwal / Reuters: Sonos reports Q2 revenue down 24% YoY to $304.2M and forecasts its annual revenue between $1.63B and $1.68B, down from its prior $1.7B to $1.8B; SONO drops 20%+  —  Sonos Inc (SONO.O) was set to shed more than a fifth of its market valuation on Thursday after a revenue forecast cut fueled worries … Lees verder op Tech Meme

Siddharth Venkataramakrishnan / Financial Times: Revolut CFO Mikko Salovaara plans to leave “for personal reasons” after two years; documents and LinkedIn show CEO James Radford left the company in March 2023  —  Exits of Mikko Salovaara and James Radford follow last year’s exodus of executives Lees verder op Tech Meme

Jackie Davalos / Bloomberg: Lyft discontinues pooled rides, one of a slate of product changes CEO David Risher has made since taking over in April  —  Lyft Inc. is officially discontinuing shared rides, the latest change the ride-hailing company’s new chief executive officer is making in a bid to revamp the platform to compete with Uber Technologies Inc. Lees verder op Tech Meme

James Cirrone / Blockworks: Coinbase apologizes for its newsletter suggesting Pepe the Frog was a “hate symbol”, saying it “did not provide the whole picture of the history of the meme”  —  Coinbase has come out with an apology for its recent newsletter suggesting Pepe the Frog was a “hate symbol.” Lees verder op Tech Meme

Matthew Gault / VICE: Twitter appears to disable autocomplete in its search bar after users pointed out that the feature was recommending gory videos of animal abuse and war footage  —  Searching for dog and cat videos returned horrifying results.  —  Matthew Gault  —  Twitter has disabled autocomplete … Lees verder op Tech Meme

Akash Sriram / Reuters: Canadian cybersecurity company Absolute Software to be acquired by Crosspoint Capital for $657M, representing a 34% premium to the US-listed stock’s last close  —  Canada’s Absolute Software (ABST.TO) said on Thursday it had agreed to be taken private by Crosspoint Capital Partners for $657 million … Lees verder op Tech Meme