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Source: the DOJ is preparing to file an antitrust suit to block Adobe's Figma acquisition as soon as next month; Adobe says it expects to close the deal in 2023 (Bloomberg) 24-02-2023

Bloomberg: Source: the DOJ is preparing to file an antitrust suit to block Adobe’s Figma acquisition as soon as next month; Adobe says it expects to close the deal in 2023  —  The Justice Department is preparing an antitrust lawsuit seeking to block Adobe Inc.’s $20 billion acquisition of startup Figma Inc., people familiar with the matter said. Lees verder op Tech Meme

A reporter says he used an AI-generated replica of a voice to get past the voice verification system of UK's Lloyds bank and accessed an account's information (Joseph Cox/VICE) 24-02-2023

Joseph Cox / VICE: A reporter says he used an AI-generated replica of a voice to get past the voice verification system of UK’s Lloyds bank and accessed an account’s information  —  Banks in the U.S. and Europe tout voice ID as a secure way to log into your account.  I proved it’s possible to trick such systems with free or cheap AI-generated voices. Lees verder op Tech Meme

Doc: NFT startup Dapper Labs, which raised $600M+, lays off 20% of staff, after laying off ~134 staff, or ~22% of it's workforce, in November 2022 (RT Watson/The Block) 23-02-2023

RT Watson / The Block: Doc: NFT startup Dapper Labs, which raised $600M+, lays off 20% of staff, after laying off ~134 staff, or ~22% of it’s workforce, in November 2022  —  – Dapper Labs lays off another 20% of staff.  — CEO says company is restructuring and has a “strong cash position.” Lees verder op Tech Meme

Block reports Q4 revenue up 15% YoY to $4.65B, vs. $4.61B est., Square gross profit up 22% YoY to $801M, and Cash App gross profit up 64% YoY to $848M (MacKenzie Sigalos/CNBC) 24-02-2023

MacKenzie Sigalos / CNBC: Block reports Q4 revenue up 15% YoY to $4.65B, vs. $4.61B est., Square gross profit up 22% YoY to $801M, and Cash App gross profit up 64% YoY to $848M  —  – Block stock rose slightly in extended trading after the payments company reported fourth-quarter revenue and gross profit that beat Wall Street’s expectations. Lees verder op Tech Meme