PYMNTS.com: HR management company Paychex acquires Paycor, which provides HR and payroll management software, for $4.1B in an all-cash deal — Human capital management (HCM) firm Paychex has announced its acquisition of Paycor HCM, a software company providing HCM, payroll and talent services. Lees verder op Tech Meme
Emma-Victoria Farr / Reuters: PE firm KKR agrees to acquire and take private Frankfurt-listed IT company Datagroup for about €450M in an all-cash deal expected to close in Q3 2025 — U.S.-based private equity firm KKR (KKR.N) has reached a deal with Frankfurt-listed Datagroup (D6HG.DE) to buy the firm … Lees verder op Tech Meme
Ryan Lawler / Axios: API-based background check provider Checkr acquires income and employment verification startup Truework, which had raised $125M+ and was last valued at ~$480M — Checkr, an API-based background check provider, is acquiring income and employment verification startup Truework, Checkr CEO Daniel Yanisse tells Axios exclusively. Lees verder op Tech Meme
IDC: In 1Q25, Apple shipped 9.8M iPhones in China, down 9% YoY, with its market share declining from 15.6% to 13.7%, as China smartphone market grew 3.3% — Worldwide Quarterly Mobile Phone Tracker, China’s smartphone market shipped 71.6 million units in 1Q25, a 3.3% year-on-year (YoY) increase. Lees verder op Tech Meme
Vince Quill / Cointelegraph: Oregon sues Coinbase, alleging the exchange is selling unregistered securities; Coinbase CLO Paul Grewal says it’s a “copycat case” of SEC’s now-dropped lawsuit — While winning legal victories at the federal level, the crypto industry still faces regulatory hurdles at the state level in the United States. Lees verder op Tech Meme
Tripp Mickle / New York Times: The Trump administration’s restrictions on AI chip exports by Nvidia, AMD, and Intel to China could help turn Huawei into a global chip-making powerhouse — New restrictions on semiconductor exports to China are scrambling sales and fueling concerns that the Chinese tech giant will become a chip-making powerhouse. Lees verder op Tech Meme
Wall Street Journal: Sources: the EU planned to penalize Meta and Apple on April 15 but delayed the announcement, avoiding conflict with the Trump administration before trade talks — Officials postponed an announcement initially planned for this week — The European Union recently delayed penalizing Apple … Lees verder op Tech Meme
Maxwell Zeff / TechCrunch: OpenAI says its new o3 and o4-mini AI models hallucinate more often than its previous reasoning and traditional models, and the company doesn’t know why — OpenAI’s recently launched o3 and o4-mini AI models are state-of-the-art in many respects. However, the new models still hallucinate … Lees verder op Tech Meme
Steve Lohr / New York Times: Experts say two federal judges declaring Google a monopoly within a year signals a judicial shift toward addressing anticompetitive behavior in digital markets — Within a year, two federal judges declared the tech giant a monopoly in search and ad technology. The tide may be turning for antitrust. Lees verder op Tech Meme
Vince Quill / Cointelegraph: Oregon sues Coinbase, alleging it’s selling unregistered securities; Coinbase’s Chief Legal Officer says it’s a “copycat case” of SEC’s now-dropped lawsuit — Oregon Attorney General Dan Rayfield is planning a lawsuit against crypto exchange Coinbase, alleging the company … Lees verder op Tech Meme