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Sources: Amazon cuts dozens of in-house brands in clothing, furniture, and more to fend off regulators and grow profits; Amazon says Basics will remain a focus (Dana Mattioli/Wall Street Journal) 10-08-2023

Dana Mattioli / Wall Street Journal: Sources: Amazon cuts dozens of in-house brands in clothing, furniture, and more to fend off regulators and grow profits; Amazon says Basics will remain a focus  —  Company’s cuts include all but three of its 30 clothing labels, such as Goodthreads and Lark & Ro Lees verder op Tech Meme

Check Point acquires rival cybersecurity startup Perimeter 81 in a ~$490M “cash free, debt free” deal; Perimeter 81 raised $100M at a $1B valuation in June 2022 (Ingrid Lunden/TechCrunch) 10-08-2023

Ingrid Lunden / TechCrunch: Check Point acquires rival cybersecurity startup Perimeter 81 in a ~$490M “cash free, debt free” deal; Perimeter 81 raised $100M at a $1B valuation in June 2022  —  There is yet more M&A coming out of the security industry.  In the latest development, Check Point … Lees verder op Tech Meme

An interview with X CEO Linda Yaccarino on having “autonomy” under Elon Musk, planning to add video calls, payments between users, brands returning, and more (Rohan Goswami/CNBC) 10-08-2023

Rohan Goswami / CNBC: An interview with X CEO Linda Yaccarino on having “autonomy” under Elon Musk, planning to add video calls, payments between users, brands returning, and more  —  – X CEO Linda Yaccarino explained to CNBC on Thursday why the company decided to get rid of its Twitter branding. Lees verder op Tech Meme

Sources: the Kremlin's fear of a serious tech brain drain is the main factor preventing Moscow from nationalizing the Nasdaq-listed Yandex, which has 20K+ staff (Reuters) 10-08-2023

Reuters: Sources: the Kremlin’s fear of a serious tech brain drain is the main factor preventing Moscow from nationalizing the Nasdaq-listed Yandex, which has 20K+ staff  —  The Kremlin’s fear of a serious tech brain drain is the main factor preventing Moscow from nationalising Nasdaq-listed Yandex … Lees verder op Tech Meme