Tech Meme

Foo Yun Chee / Reuters: EU blocks Booking.com’s €1.63B acquisition of Etraveli, saying Booking failed to allay concerns that the deal bolsters its dominance in the hotel OTA market  —  Booking Holdings’ (BKNG.O) proposed 1.63-billion-euro ($1.7 billion) purchase of Swedish peer ETraveli Group was blocked … Lees verder op Tech Meme

Foo Yun Chee / Reuters: EU blocks Booking.com’s €1.63B acquisition of Etraveli, saying Booking failed to allay concerns that the deal bolsters its dominance in the hotel OTA market  —  Booking Holdings’ (BKNG.O) proposed 1.63-billion-euro ($1.7 billion) purchase of Swedish peer ETraveli Group was blocked … Lees verder op Tech Meme

Foo Yun Chee / Reuters: EU blocks Booking.com’s €1.63B acquisition of Etraveli, saying Booking failed to allay concerns that the deal bolsters its dominance in the hotel OTA market  —  Booking Holdings’ (BKNG.O) proposed 1.63-billion-euro ($1.7 billion) purchase of Swedish peer ETraveli Group was blocked … Lees verder op Tech Meme

Zheping Huang / Bloomberg: Sources: China told Tencent and Huya to stream only some esports semifinals and finals at the Hangzhou Asian Games, in part due to internet addiction concerns  —  – Only semifinals and finals will be streamed to local viewers  — Esports breaks ground with medal debut at Hangzhou Asian Games Lees verder op Tech Meme

Sidhartha Shukla / Bloomberg: DeFi project Mixin Network suspends deposits and withdrawals after suffering a hack involving about $200M; SlowMist: Mixin’s cloud provider was compromised  —  – Compromise in cloud service provider’s database led to breach  — Project expected to give details in a livestream later today Lees verder op Tech Meme

Financial Times: Amazon to invest up to $4B in Anthropic, with an initial investment of $1.25B for a minority stake in the AI startup, and an option to increase the total to $4B  —  Amazon Web Services lures Claude chatbot maker, which was valued at nearly $5bn earlier this year Lees verder op Tech Meme

Los Angeles Times: The WGA and AMPTP reach a tentative deal to end the strike; sources: the proposed three-year contract adds new AI rules, increases streaming residuals, and more  —  The Writers Guild of America and the major Hollywood studios have reached a tentative deal that would end a strike that has lasted … Lees verder op Tech Meme

PTI: Sources: Apple plans to increase its production in India over 5x to ~$40B in the next four to five years, and start making AirPods, on top of iPhones, in 2024  —  iPhone maker Apple has plans to scale up production in India by over five-fold to around $40 billion, or about Rs 3.32 lakh crore … Lees verder op Tech Meme

Jody Serrano / The Messenger: Q&A with Kevin Systrom about Artifact’s Links discovery feature, moderation, the bear case and bull case for Threads, the current state of Instagram, and more  —  Kevin Systrom hopes a fresh jolt of growth to his Artifact app allows it to compete better with the industry’s bigger relics Lees verder op Tech Meme

McKenzie Funk / New York Times: A profile of Hank Asher, the “father of data fusion” who died in 2013 after initiating a vast shift in privacy norms through his data mining software companies  —  Hank Asher was a drug smuggler with a head for numbers — until he figured out how to turn Americans’ private information into a big business. Lees verder op Tech Meme