Tech Meme

Jess Weatherbed / The Verge: Adobe launches Generative Fill for Photoshop, one of the first Creative Cloud apps to use its generative AI Firefly tool, in beta, rolling out fully in H2 2023  —  / Generative Fill will arrive in Photoshop in ‘the second half of 2023.’  —  Adobe Photoshop is getting a new generative AI tool … Lees verder op Tech Meme

Tage Kene-Okafor / TechCrunch: South African digital banking startup TymeBank raised a $77.8M pre-Series C led by Norrsken22 and Blue Earth Capital, after a $110M Series B in February 2021  —  South African digital banking platform Tyme has raised $77.8 million in a pre-Series C round led by African-focused growth stage fund Norrsken22 … Lees verder op Tech Meme

Chris Welch / The Verge: Warner Bros. Discovery launches Max, offering substantially more 4K content than HBO Max via its $19.99 per month Ultimate plan, above the $15.99 ad-free plan  —  When Max goes live on May 23rd, the new Warner Bros. Discovery streaming service will offer substantially more 4K entertainment than HBO Max ever did. Lees verder op Tech Meme

Yuvraj Malik / Reuters: Shutterstock plans to acquire Giphy from Meta for $53M in cash, after the UK CMA blocked Meta’s acquisition in 2022; Meta can still access Giphy content  —  Stock photos repository Shutterstock Inc (SSTK.N) said on Tuesday it would buy animated-images platform Giphy Inc from Meta Platforms Inc (META.O) for $53 million in cash. Lees verder op Tech Meme

Rest of World: How ShareIt became a go-to file transfer app in countries where data is prohibitively expensive; the company claims the app has 2.4B downloads globally  —  Virtually unknown in the West, ShareIt boomed in places where data is expensive.  But as the cost of data falls, can it stay relevant? Lees verder op Tech Meme

Bloomberg: Hong Kong outlines crypto trading rules for bitcoin, ether, and other large coins, letting retail investors trade them on licensed exchanges starting on June 1  —  Hong Kong said retail investors can trade crypto under its new rulebook for the sector, stepping up a drive to develop … Lees verder op Tech Meme

Mike Butcher / TechCrunch: London-based Builder.ai, which offers low-code app building tools, raised a $250M Series D led by the Qatar Investment Authority, taking its funding to $450M+  —  It was only recently that we reported Buildier.ai had signed a strategic collaboration with and undisclosed investment from Microsoft. Lees verder op Tech Meme

Lucas Shaw / Bloomberg: As music revenue slows, record labels may force Spotify, which has never changed its US base plan’s price, to follow Apple, Amazon, and others in raising prices  —  Good evening from Cannes, where I saw a three-hour Argentine heist movie, a Pedro Almodovar short starring Ethan Hawke and Pedro Pascal, and Martin Scorsese’s latest. Lees verder op Tech Meme

Siddharth Venkataramakrishnan / Financial Times: Stop Scams UK, a group made up of banks, telcos, Meta, Google, Microsoft, and others, plans a pilot to gather intelligence on scammers and shut down their tools  —  Cross-industry body announces pilot after companies warn UK fraud strategy is too weak to tackle problem Lees verder op Tech Meme

Huw Jones / Reuters: Securities watchdog IOSCO proposes the first global crypto regulations, covering conflicts of interest, custody, and more, aiming to finalize them by year-end  —  International securities watchdog IOSCO on Tuesday proposed the first global approach to regulating cryptoasset markets … Lees verder op Tech Meme