Tech Meme

Bloomberg: Source: the DOJ is preparing to file an antitrust suit to block Adobe’s Figma acquisition as soon as next month; Adobe says it expects to close the deal in 2023  —  The Justice Department is preparing an antitrust lawsuit seeking to block Adobe Inc.’s $20 billion acquisition of startup Figma Inc., people familiar with the matter said. Lees verder op Tech Meme

MacKenzie Sigalos / CNBC: Block reports Q4 revenue up 15% YoY to $4.65B, vs. $4.61B est., Square gross profit up 22% YoY to $801M, and Cash App gross profit up 64% YoY to $848M  —  – Block stock rose slightly in extended trading after the payments company reported fourth-quarter revenue and gross profit that beat Wall Street’s expectations. Lees verder op Tech Meme

RT Watson / The Block: Doc: NFT startup Dapper Labs, which raised $600M+, lays off 20% of staff, after laying off ~134 staff, or ~22% of it’s workforce, in November 2022  —  – Dapper Labs lays off another 20% of staff.  — CEO says company is restructuring and has a “strong cash position.” Lees verder op Tech Meme

Brian Fung / CNN: Filing: DOJ seeks court sanctions against Google in its antitrust suit, citing Google’s policy of deleting certain employee chats automatically after 24 hours  —  data-check-event-based-preview= data-network-id= data-details=>  —  Google should face court sanctions over … Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: NYC-based Vitally, whose customer success software combines productivity and collaboration tools, raised a $30M Series B, taking its total funding to $40.6M  —  Customer success platforms (CSPs), or software designed to help business-to-business companies manage and monitor their customer success efforts, are increasingly in demand. Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Vitally, which makes customer success software that combines productivity and collaboration tools, raised a $30M Series B, bringing its total funding to $40.6M  —  Customer success platforms (CSPs), or software designed to help business-to-business companies manage and monitor their customer success efforts, are increasingly in demand. Lees verder op Tech Meme

Ben Lovejoy / 9to5Mac: Jamf finds Mac cryptomining malware in pirated copies of Final Cut Pro and warns the power of Apple Silicon Macs is making them popular cryptojacking targets  —  Update: Apple has now commented on the findings – see the end of the piece.  —  Cybersecurity company Jamf Threat Labs … Lees verder op Tech Meme

Sarah Perez / TechCrunch: Meta reforms its penalty system using Oversight Board recommendations to focus more on explaining its content removals and less on giving users posting timeouts  —  “Facebook jail,” the name the social network’s users have bestowed on the company’s system for determining policy violations, is getting an overhaul. Lees verder op Tech Meme

Allison Johnson / The Verge: Samsung Galaxy S23 review: much improved battery life, sensibly sized, and top-notch performance, but the 3x telephoto lens is short and One UI 5.1 is average  —  The Galaxy S23 and S23 Plus are the very definition of iterative updates.  They’re still some of the best high-end mobile devices out there … Lees verder op Tech Meme

New York Times: In its superseding indictment, the US charges that SBF and two unnamed FTX executives made 300+ “unlawful” political donations, including using customers’ funds  —  Prosecutors accused FTX founder Sam Bankman-Fried and two unnamed people of making unlawful campaign donations using customers’ money. Lees verder op Tech Meme