Tech Meme

Leo Schwartz / Fortune: NY-based Bakkt, which offers trading and custodial services, acquires infrastructure provider Apex Crypto for ~$155M, with $55M in cash and up to $100M in stock  —  New York-based Bakkt announced on Monday that it received regulatory approval to acquire trading infrastructure provider Apex Crypto … Lees verder op Tech Meme

Stuart Dredge / Music Ally: Spotify shuts down its Clubhouse-style audio app Spotify Live, previously called Locker Room, acquired as part of its €57M Betty Labs acquisition in March 2021  —  Spotify is shutting down its live-audio app Spotify Live, but says it will continue experimenting with live features in its main service. Lees verder op Tech Meme

Krisztian Sandor / CoinDesk: DeFi lending protocol Euler says all “recoverable funds” stolen in its ~$200M exploit have been returned; blockchain data shows the hacker apologized last week  —  Culprit had already apologized.  —  The hacker responsible for roiling Euler Finance by draining some $200 million … Lees verder op Tech Meme

Stuart Dredge / Music Ally: Spotify shuts down its Clubhouse-style audio app Spotify Live, previously called Locker Room, acquired as part of its €57M Betty Labs acquisition in March 2021  —  Spotify is shutting down its live-audio app Spotify Live, but says it will continue experimenting with live features in its main service. Lees verder op Tech Meme

James Vincent / The Verge: Stanford’s AI Index Report: in 2022, industry produced 32 significant ML models versus academia’s three, private investment fell 26.7% YoY to $91.9B, and more  —  An annual report on AI progress has highlighted the increasing dominance of industry players over academia and government in deploying and safeguarding AI applications. Lees verder op Tech Meme

Stuart Dredge / Music Ally: Spotify shuts down its Clubhouse-style audio app Spotify Live, previously called Locker Room, acquired as part of its €57M Betty Labs acquisition in March 2021  —  Spotify is shutting down its live-audio app Spotify Live, but says it will continue experimenting with live features in its main service. Lees verder op Tech Meme

Farnoush Amiri / Associated Press: Over 24 Democrats in Congress who are active on TikTok are being pushed by colleagues to stop using the app, as pressure mounts against TikTok in Washington, DC  —  Rep. Jeff Jackson of North Carolina has used it to explain the complex fight over raising the debt limit. Lees verder op Tech Meme

Angus Whitley / Bloomberg: Australia bans TikTok from government-issued devices, joining the US, the UK, the Netherlands, Canada, France, and others in taking action against the platform  —  Australia banned TikTok from government-issued devices, joining the growing list of nations concerned about security threats posed … Lees verder op Tech Meme

Meir Orbach / CTech: Boston-based cybersecurity company Cybereason raised $100M from SoftBank and announces SoftBank EVP Eric Gan will be its new CEO, replacing co-founder Lior Div  —  The new investment will make the Japanese conglomerate Cybereason’s leading shareholder  —  SoftBank is investing another $100 million in Cybereason. Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: London-based Quantexa, which uses AI to help businesses navigate online fraud and manage customer data, raised a $129M Series E led by GIC at a $1.8B valuation  —  Financial fraud and other online crime continue to present major threats to businesses, and they remain a key focus … Lees verder op Tech Meme