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French electrical equipment maker Legrand agrees to acquire Dutch health software company Enovation from PE firm Main Capital Partners, sources say for €500M+ (Bloomberg) 23-04-2024

Bloomberg: French electrical equipment maker Legrand agrees to acquire Dutch health software company Enovation from PE firm Main Capital Partners, sources say for €500M+  —  French electrical-equipment maker Legrand agreed to acquire Dutch health-software company Enovation from private equity firm Main Capital Partners. Lees verder op Tech Meme

Spotify reports Q1 revenue up 20% YoY to €3.6B, MAUs up 19% YoY to 615M, below 617.9M est., subscribers up 14% YoY to 239M, and a €168M operating income (Ashley Carman/Bloomberg) 23-04-2024

Ashley Carman / Bloomberg: Spotify reports Q1 revenue up 20% YoY to €3.6B, MAUs up 19% YoY to 615M, below 617.9M est., subscribers up 14% YoY to 239M, and a €168M operating income  —  – Subscribers to paid Spotify tiers grew 14% to 239 million  — Audio-streaming firm swings to profit in first quarter Lees verder op Tech Meme

Perplexity AI, which offers an AI chatbot to summarize search results, raised ~$63M led by Daniel Gross at a $1B+ valuation, up from $520M in January 2024 (Shirin Ghaffary/Bloomberg) 23-04-2024

Shirin Ghaffary / Bloomberg: Perplexity AI, which offers an AI chatbot to summarize search results, raised ~$63M led by Daniel Gross at a $1B+ valuation, up from $520M in January 2024  —  Perplexity’s valuation has doubled in three months in a clear sign of investor enthusiasm for the company’s artificial intelligence chatbot. Lees verder op Tech Meme

Sonos updates its Android and iOS apps, rebuilding them to become more reliable, and plans to discontinue its Windows and macOS apps in favor of web apps (Chris Welch/The Verge) 23-04-2024

Chris Welch / The Verge: Sonos updates its Android and iOS apps, rebuilding them to become more reliable, and plans to discontinue its Windows and macOS apps in favor of web apps  —  It’ll roll out for both Android and iOS on May 7th, but the company’s desktop apps aren’t coming along for the ride … Lees verder op Tech Meme

Meta, Google, OpenAI, child safety group Thorn, nonprofit All Tech Is Human, and other AI groups sign on to an initiative to add new child safety measures (Deepa Seetharaman/Wall Street Journal) 23-04-2024

Deepa Seetharaman / Wall Street Journal: Meta, Google, OpenAI, child safety group Thorn, nonprofit All Tech Is Human, and other AI groups sign on to an initiative to add new child safety measures  —  Major artificial-intelligence companies including OpenAI, Meta Platforms META 0.14%increase; green up pointing triangle and Google GOOG 1.43%increase … Lees verder op Tech Meme