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France fines Google €250M for failing to broker deals with media outlets over content linking and using press content to train AI, after a €500M fine in 2021 (Samuel Stolton/Bloomberg) 20-03-2024

Samuel Stolton / Bloomberg: France fines Google €250M for failing to broker deals with media outlets over content linking and using press content to train AI, after a €500M fine in 2021  —  – Firm also accused of breaking other commitments in news case  — Watchdog levies €250 million penalty in latest escalation Lees verder op Tech Meme

Tencent reports Q4 revenue up 7% YoY to ~$21.6B, vs. ~$21.8B est., a ~$3.8B net income, vs. ~$4.6B est., and plans a $12.8B+ stock buyback, as gaming sales slow (Zheping Huang/Bloomberg) 20-03-2024

Zheping Huang / Bloomberg: Tencent reports Q4 revenue up 7% YoY to ~$21.6B, vs. ~$21.8B est., a ~$3.8B net income, vs. ~$4.6B est., and plans a $12.8B+ stock buyback, as gaming sales slow  —  – Revenue growth in the quarter was its slowest in a year  — Tencent joins tech rivals in ramping up shareholder returns Lees verder op Tech Meme

France begins work on “a national solution” to protect IT giant Atos, which manages nuclear data and cybersecurity, after Airbus talks failed; ATO.PA drops 20%+ (Liz Alderman/New York Times) 20-03-2024

Liz Alderman / New York Times: France begins work on “a national solution” to protect IT giant Atos, which manages nuclear data and cybersecurity, after Airbus talks failed; ATO.PA drops 20%+  —  The French government said it would seek “a national solution” to protect Atos, a debt-burdened company that serves nuclear programs and the military. Lees verder op Tech Meme

Lenovo updates its $1,239+ ThinkPad X13, available as a laptop or 2-in-1, and $1,199+ ThinkPad L-series, adding a 16″ model, available with Intel or AMD chips (Brian Westover/PCMag) 20-03-2024

Brian Westover / PCMag: Lenovo updates its $1,239+ ThinkPad X13, available as a laptop or 2-in-1, and $1,199+ ThinkPad L-series, adding a 16 model, available with Intel or AMD chips  —  The Lenovo ThinkPad family grows with new X- and L-series laptops, this time built around AI-enabled silicon from both AMD and Intel. Lees verder op Tech Meme

Bengaluru-based audio platform Pocket FM, which offers series with short episodes, raised a $103M Series D led by Lightspeed, a source says at a $750M valuation (Ivan Mehta/TechCrunch) 20-03-2024

Ivan Mehta / TechCrunch: Bengaluru-based audio platform Pocket FM, which offers series with short episodes, raised a $103M Series D led by Lightspeed, a source says at a $750M valuation  —  India-based audio platform Pocket FM has secured $103 million in Series D funding led by Lightspeed Ventures with participation from Stepstone Group. Lees verder op Tech Meme

Filing: MicroStrategy bought 9,245 bitcoin for $623M between March 11 and 18, taking its total holding to 214,246 bitcoin, worth ~$14B, or 1%+ of all bitcoin (Muyao Shen/Bloomberg) 20-03-2024

Muyao Shen / Bloomberg: Filing: MicroStrategy bought 9,245 bitcoin for $623M between March 11 and 18, taking its total holding to 214,246 bitcoin, worth ~$14B, or 1%+ of all bitcoin  —  – Purchase were made with proceeds from a convertible note sale … The enterprise software maker, whose corporate strategy includes buying … Lees verder op Tech Meme