Nikhilesh De / CoinDesk: The US DOJ argues Binance founder Changpeng Zhao should spend three years in prison and pay $50M for helping Binance violate sanctions and money laundering laws  —  The DOJ wants Zhao to serve 36 months after his guilty plea last year.  —  Binance’s founder and former chief executive … Lees verder op Tech Meme

Meir Orbach / CTech: Nvidia acquires AI infrastructure orchestration and management service Run:ai, a source says for ~$700M; Run:ai, founded in 2018, had raised $118M to date  —  Run:ai enables enterprise customers to manage and optimize their compute infrastructure, whether on premises, in the cloud or in hybrid environments. Lees verder op Tech Meme

M.G. Siegler / Spyglass: Whether TikTok is banned or not, this is the end as we know it for the money-losing app, which may lose focus due to advertiser, creator, and staff uncertainty  —  Ban or not, this is the end of TikTok as we know it  —  The tok is tiking… Later today, President Biden will sign a bill which … Lees verder op Tech Meme

Monica Alba / NBC News: The Biden campaign plans to continue using TikTok for at least the next year, with “enhanced security measures”, to help “meet voters where they are”  —  The possible ban that President Joe Biden signed into law Wednesday won’t go into effect until early 2025 … Lees verder op Tech Meme

Lauren Feiner / The Verge: President Biden signs the ByteDance-TikTok divest-or-ban bill into law, after the Senate passed it by 79-18; the House passed the legislation 360-58 on April 20  —  The divest-or-ban bill is now law, starting the clock for ByteDance to make its move.  The company has an initial nine months … Lees verder op Tech Meme