Tech Meme

Reuters: PE firm Symphony Technology Group agrees to acquire media editing software maker Avid for ~$1.4B, with the transaction expected to close in Q4 2023  —  Private equity firm Symphony Technology Group (STG) on Wednesday agreed to buy media editing software maker Avid Technology Inc (AVID.O) for about $1.4 billion, including debt. Lees verder op Tech Meme

Jay Peters / The Verge: Meta rolls out the ability to let users verify their Threads profile on other social media platforms, like Mastodon, using “rel=me” links  —  To be clear, this isn’t a free way to get a blue checkmark next to your Threads name; you’ll probably need to pay Meta to get one of those. Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Berlin-based Deepset, which helps companies build “complex LLM applications” and add NLP to apps, raised $30M led by Balderton, taking its total funding to $46M  —  Deepset, a platform for building enterprise apps powered by large language models akin to ChatGPT … Lees verder op Tech Meme

Nikhilesh De / CoinDesk: Filing: the US SEC plans to appeal a court ruling in July that Ripple’s programmatic sales of XRP to retail investors on exchanges didn’t violate securities law  —  A federal judge ruled that while Ripple’s direct sales of XRP to institutional investors violated securities law … Lees verder op Tech Meme

Todd Spangler / Variety: Disney plans to raise US prices of Disney+ Premium, Hulu without ads, and ESPN+, and to expand Disney+ ad-supported plans to Canada and nine European countries  —  Ad-supported Disney+ tier to expand to Canada, U.K. and eight other European countries this fall Lees verder op Tech Meme

Financial Times: Sources: Baidu, ByteDance, Tencent, and Alibaba made orders worth $5B to acquire Nvidia chips, amid concerns that the US will soon clamp down on their export  —  Baidu, ByteDance, Tencent and Alibaba rush to acquire GPUs amid concern US will soon clamp down on their export Lees verder op Tech Meme

Adam Chitwood / The Wrap: Bob Iger says Disney is “actively exploring ways” to crack down on password sharing and “will roll out tactics to drive monetization sometime in 2024”  —  “We will roll out tactics to drive monetization,” the Disney CEO says  —  Disney+ will begin cracking … Lees verder op Tech Meme

Andrew Duehren / Wall Street Journal: Biden signs an executive order banning US investments in some Chinese companies developing advanced semiconductors and quantum computers, starting in 2024  —  Biden’s order will also require U.S. private-equity and venture-capital firms to disclose certain investments Lees verder op Tech Meme

Takashi Mochizuki / Bloomberg: In its Q1 earnings report, Sony, the world’s largest camera sensor supplier, pushes back expectations for a smartphone market recovery to 2024 at the earliest  —  – The camera sensor leader had anticipated second-half recovery  — Sony warns that conditions are tough in China and the US Lees verder op Tech Meme

Vishal Chawla / The Block: Coinbase’s Base mainnet opens to the public featuring 100+ dApps and service providers as part of the ecosystem, after a developer-specific release in July 2023  —  – The Base network, backed by Coinbase, has now officially been opened to the public.  — The Base network’s journey began … Lees verder op Tech Meme