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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 (Lucas Shaw/Bloomberg) 23-05-2023

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

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+ (Mike Butcher/TechCrunch) 23-05-2023

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

China's Micron ban could help the government boost its domestic memory chip industry, a sector where China has a toehold in its competition with the US (New York Times) 23-05-2023

New York Times: China’s Micron ban could help the government boost its domestic memory chip industry, a sector where China has a toehold in its competition with the US  —  A Chinese government block on Micron Technology’s memory chips marks how far apart the two economic powers are drifting on tech policy. Lees verder op Tech Meme

Securities watchdog IOSCO proposes the first global crypto regulations, covering conflicts of interest, custody, and more, aiming to finalize them by year-end (Huw Jones/Reuters) 23-05-2023

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

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 (Siddharth Venkataramakrishnan/Financial …) 23-05-2023

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

A US district judge dismissed a proposed class action lawsuit against Elon Musk that claimed he cheated shareholders several times in 2022 while buying Twitter (Jonathan Stempel/Reuters) 23-05-2023

Jonathan Stempel / Reuters: A US district judge dismissed a proposed class action lawsuit against Elon Musk that claimed he cheated shareholders several times in 2022 while buying Twitter  —  A judge dismissed a proposed class-action lawsuit against Elon Musk that claimed he cheated Twitter shareholders several times … Lees verder op Tech Meme

Sources: TikTok restructures its ecommerce business to focus on markets where the service has already been introduced, such as the UK, US, and Southeast Asia (Cristina Criddle/Financial Times) 23-05-2023

Cristina Criddle / Financial Times: Sources: TikTok restructures its ecommerce business to focus on markets where the service has already been introduced, such as the UK, US, and Southeast Asia  —  Chinese-owned group relocates executives in renewed push of livestream shopping in US and UK  —  TikTok has restructured … Lees verder op Tech Meme