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Tech Meme

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 (Reuters) 10-08-2023

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

Meta rolls out the ability to let users verify their Threads profile on other social media platforms, like Mastodon, using “rel=me” links (Jay Peters/The Verge) 10-08-2023

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

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 (Kyle Wiggers/TechCrunch) 10-08-2023

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

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 (Nikhilesh De/CoinDesk) 10-08-2023

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

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 (Todd Spangler/Variety) 09-08-2023

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

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 (Financial Times) 09-08-2023

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

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” (Adam Chitwood/The Wrap) 09-08-2023

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

Biden signs an executive order banning US investments in some Chinese companies developing advanced semiconductors and quantum computers, starting in 2024 (Andrew Duehren/Wall Street Journal) 09-08-2023

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

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 (Takashi Mochizuki/Bloomberg) 09-08-2023

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

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 (Vishal Chawla/The Block) 09-08-2023

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