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Stock exchange operator Deutsche Boerse offers to buy Danish investment management software company SimCorp for €3.9B in cash; SimCorp had €561M in 2022 revenue (Reuters) 27-04-2023

Reuters: Stock exchange operator Deutsche Boerse offers to buy Danish investment management software company SimCorp for €3.9B in cash; SimCorp had €561M in 2022 revenue  —  Stock exchange operator Deutsche Boerse (DB1Gn.DE) on Thursday announced a 3.9 billion euro ($4.31 billion) … Lees verder op Tech Meme

Dropbox CEO says the company plans to lay off 16% of staff, or ~500 employees, citing slowing growth and because “the AI era of computing has finally arrived” (Ingrid Lunden/TechCrunch) 27-04-2023

Ingrid Lunden / TechCrunch: Dropbox CEO says the company plans to lay off 16% of staff, or ~500 employees, citing slowing growth and because “the AI era of computing has finally arrived”  —  Cloud storage giant Dropbox today joined the fray of tech companies announcing layoffs. Lees verder op Tech Meme

Sources detail how organizational dysfunction and a lack of ambition bogged down Apple's AI and ML efforts, including the work of the group responsible for Siri (Wayne Ma/The Information) 27-04-2023

Wayne Ma / The Information: Sources detail how organizational dysfunction and a lack of ambition bogged down Apple’s AI and ML efforts, including the work of the group responsible for Siri  —  Late last year, a trio of engineers who had just helped Apple modernize its search technology began working on the type … Lees verder op Tech Meme

A federal appeals court upholds the dismissal of state AGs' suit against Meta, ruling that they waited too long to sue over Instagram and WhatsApp acquisitions (Leah Nylen/Bloomberg) 27-04-2023

Leah Nylen / Bloomberg: A federal appeals court upholds the dismissal of state AGs’ suit against Meta, ruling that they waited too long to sue over Instagram and WhatsApp acquisitions  —  New York and other state attorneys general waited too long to sue Meta Platforms Inc. over its acquisitions of Instagram and WhatsApp … Lees verder op Tech Meme

Twitter has received 971 government orders globally since Musk's takeover and fully complied with 808; before Musk, Twitter's full compliance rate was ~50% (Russell Brandom/Rest of World) 27-04-2023

Russell Brandom / Rest of World: Twitter has received 971 government orders globally since Musk’s takeover and fully complied with 808; before Musk, Twitter’s full compliance rate was ~50%  —  The company has not refused a single request since Musk took ownership, according to self-reported data Lees verder op Tech Meme