Tech Meme

Financial Times: Sources: the EU Commission will say on July 12 that its regulators accept Broadcom’s concessions in its $69B VMware deal; the US and UK need to approve the deal  —  UK and US remain among holdouts to one of the biggest tech acquisitions as they continue to probe competition concerns Lees verder op Tech Meme

Tom Warren / The Verge: Microsoft and the UK CMA agree to a “stay of the litigation” to negotiate restructuring the Activision deal, after a US court rejected the FTC’s arguments  —  Microsoft and the UK’s Competition and Markets Authority (CMA) have both agreed to pause their legal battle … Lees verder op Tech Meme

Katharine Gemmell / Bloomberg: UK prosecutors accuse two teenagers of being key members of Lapsus$, which hacked Nvidia, Rockstar, and Uber in 2021 and 2022; one was found unfit for trial  —  Two UK teenagers were accused of being key members of the notorious hacking group Lapsus$, with prosecutors alleging that the pair … Lees verder op Tech Meme

Kyle Barr / Gizmodo: Nothing plans to launch the Phone (2) for $599+ in the US, Europe, and the UK on July 17; the device’s rear “glyph” lights have been segmented into zones  —  The new device is an upgrade from the Phone (1)—a better processor, improved camera, and even more signature LED glyphs—with a $599 price tag. Lees verder op Tech Meme

Anton Shilov / AnandTech: LLNL begins installing its El Capitan supercomputer for US national security research, promising 2+ FP64 exaflops, and plans the smaller Tuolumne supercomputer  —  Lawrence Livermore National Laboratory (LLNL) started to install its El Capitan supercomputer that promises to achieve computational performance … Lees verder op Tech Meme

Carly Page / TechCrunch: Hacks using flaws in Progress’s MOVEit tool have hit hundreds of organizations, now including TomTom, Radisson hotels, and real estate giant Jones Lang LaSalle  —  The MOVEit mass-hack has claimed yet more victims, including hotel chain Radisson, U.S.-based 1st Source Bank … Lees verder op Tech Meme

Jordan Novet / CNBC: A US court denies the FTC’s bid for a preliminary injunction to stop Microsoft’s Activision deal, saying the FTC’s theories of harm were unlikely to succeed  —  – A federal judge in San Francisco ruled in favor of Microsoft and Activision Blizzard, which have been trying to complete their $68.7 billion deal by July 18. Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Savvy, which helps secure SaaS apps from supply chain risks, data leaks via AI tools, and more, launches out of stealth with $30M in funding led by Canaan  —  Software-as-a-service (SaaS) apps are an essential part of how many companies do business.  But when the number of apps grows beyond … Lees verder op Tech Meme

Ashley Capoot / CNBC: Shutterstock announces an expanded, six-year partnership with OpenAI that grants access to its video, image, and music libraries for AI training; SSTK jumps 9%+  —  – Shares of Shutterstock popped Tuesday after the company announced an expanded, six-year partnership with ChatGPT-maker OpenAI. Lees verder op Tech Meme

Susan Rinkunas / Jezebel: A Nebraska woman pleads guilty to giving an abortion pill to her teen daughter after Meta complied with a warrant for messages between mother and daughter  —  Jessica Burgess faced eight years in prison for helping her then 17-year-old get abortion pills.  A plea deal brought it down to two. Lees verder op Tech Meme