Tech Meme

Cecilia D’Anastasio / Bloomberg: The UK CMA’s objection to Microsoft’s Activision deal focuses on the nascent cloud gaming market, a departure from regulators focusing on mature markets  —  UK regulators blocked Microsoft Corp.’s $69 billion purchase of Activision Blizzard Inc. over concerns it would harm competition in cloud gaming … Lees verder op Tech Meme

Chris Stokel-Walker / Wired: Legal experts say Twitter is breaching US laws prohibiting false advertising by implying that some celebrities paid for Blue when they haven’t  —  The law says you can’t falsely claim that celebrities are paying for Twitter Blue.  —  Twitter’s verification system debacle has had more twists … Lees verder op Tech Meme

BBC: Microsoft’s Brad Smith says the CMA blocking the Activision deal was “probably the darkest day in our four decades” in the UK and will be “bad for Britain”  —  Microsoft’s president has launched a furious attack on the decision by UK regulators to block its deal to buy US video game company Activision Blizzard, Lees verder op Tech Meme

Emily Nicolle / Bloomberg: London-based Standard Chartered subsidiary Zodia, which provides custody services for crypto assets, raised a $36M Series A led by Japan’s SBI Holdings  —  Standard Chartered’s spin-off crypto custodial unit Zodia Custody Ltd. closed $36 million in new funding as part of a round led by Japan’s SBI Holdings … Lees verder op Tech Meme

Reuters: A California judge tentatively rules Elon Musk must testify about his Autopilot statements, after Musk’s lawyers argued he is a subject of many deepfake videos  —  A California judge on Wednesday ordered Tesla CEO Elon Musk to be interviewed under oath about whether he made certain statements regarding … Lees verder op Tech Meme

Gerry Smith / Bloomberg: Sources: DraftKings plans to launch a free, ad-supported video streaming service with videos of podcasts the company sponsors, expected to debut in coming weeks  —  DraftKings Inc. is planning to launch its own streaming video service, the latest evidence that sports betting and media are converging. Lees verder op Tech Meme

Chris Stokel-Walker / Wired: Law experts say Twitter is breaching US laws prohibiting false advertising by implying that some celebrities paid for Blue when they haven’t paid for it  —  The law says you can’t falsely claim that celebrities are paying for Twitter Blue.  —  Twitter’s verification system debacle … Lees verder op Tech Meme

Riho Nagao / Nikkei Asia: Japan plans to provide an additional $1.94B in assistance to Rapidus, a government-backed chip consortium that is working with IBM to mass produce 2nm chips  —  Money going to R&D, including dispatching of engineers to IBM  —  Rapidus is a key piece of Japan’s efforts to bring advanced semiconductor manufacturing back to the country. Lees verder op Tech Meme

Dean Takahashi / VentureBeat: Katmai, which is developing browser-based 3D video conferencing tech for virtual office spaces, raised a $22M Series A led by Starr Insurance Companies  —  Katmai has raised $22 million for its ew take on remote work with a new 3D virtual office platform.  —  Katmai is emerging from stealth today … Lees verder op Tech Meme

Reuters: Samsung reports Q1 operating profit down 95% YoY to ~$478.6M, its lowest since 2009, and revenue down 18% YoY to ~$47.6B; its chip division reported ~$3.4B loss  —  Samsung Electronics Co Ltd (005930.KS) flagged a gradual recovery for chips in the second half of the year … Lees verder op Tech Meme