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Adobe and Figma end their $20B merger, announced in September 2022, over “no clear path” to EU and UK antitrust approval; Adobe owes Figma a $1B termination fee (Reuters) 18-12-2023

Reuters: Adobe and Figma end their $20B merger, announced in September 2022, over “no clear path” to EU and UK antitrust approval; Adobe owes Figma a $1B termination fee  —  Adobe (ADBE.O) on Monday shelved its $20 billion cash-and-stock deal for cloud-based designer platform Figma … Lees verder op Tech Meme

Internal docs: TikTok gave a “protected list” to some moderators to prevent action being taken against accounts related to heavy advertisers, like Amazon (The Guardian) 18-12-2023

The Guardian: Internal docs: TikTok gave a “protected list” to some moderators to prevent action being taken against accounts related to heavy advertisers, like Amazon  —  Exclusive: Internal communications suggest video platform working to protect its lucrative relationship with e-commerce firm Lees verder op Tech Meme

Flipboard plans to replace its entire social back end with ActivityPub and by April 2024 let any Flipboard user follow any fediverse account from within its app (David Pierce/The Verge) 18-12-2023

David Pierce / The Verge: Flipboard plans to replace its entire social back end with ActivityPub and by April 2024 let any Flipboard user follow any fediverse account from within its app  —  Flipboard is taking its biggest step yet into the fediverse.  The company announced on Monday that it is beginning to switch … Lees verder op Tech Meme

Data analytics company Alteryx says it has agreed to be acquired by PE firms Clearlake Capital and Insight Partners, in a deal valued at $4.4B including debt (Yuvraj Malik/Reuters) 18-12-2023

Yuvraj Malik / Reuters: Data analytics company Alteryx says it has agreed to be acquired by PE firms Clearlake Capital and Insight Partners, in a deal valued at $4.4B including debt  —  Alteryx (AYX.N) said on Monday it has agreed to be acquired by private-equity firms Clearlake Capital Group and Insight Partners … Lees verder op Tech Meme

Saudi shopping and BNPL startup Tamara raised a $340M Series C led by SNB Capital and Sanabil Investments at a $1B valuation, taking its total funding to $500M (Tage Kene-Okafor/TechCrunch) 18-12-2023

Tage Kene-Okafor / TechCrunch: Saudi shopping and BNPL startup Tamara raised a $340M Series C led by SNB Capital and Sanabil Investments at a $1B valuation, taking its total funding to $500M  —  Tamara, a buy now pay later platform for consumers in Saudi Arabia and the wider GCC region, has raised $340 million … Lees verder op Tech Meme

Flipboard says it plans to replace its entire social back end with ActivityPub, and by April 2024 will let any Flipboard user follow any fediverse account (David Pierce/The Verge) 18-12-2023

David Pierce / The Verge: Flipboard says it plans to replace its entire social back end with ActivityPub, and by April 2024 will let any Flipboard user follow any fediverse account  —  Flipboard is taking its biggest step yet into the fediverse.  The company announced on Monday that it is beginning to switch … Lees verder op Tech Meme

Two Black Nvidia staff warned Jensen Huang about AI's potential bias against minorities in 2020, but did not feel that he listened or would prioritize the issue (Bloomberg) 18-12-2023

Bloomberg: Two Black Nvidia staff warned Jensen Huang about AI’s potential bias against minorities in 2020, but did not feel that he listened or would prioritize the issue  —  As the chipmaker’s AI technology has become ubiquitous, it’s working to make it more inclusive Lees verder op Tech Meme

London-based luxury clothing marketplace Farfetch borrows $500M from Coupang, which will buy its assets and delist the company; FTCH dropped 90%+ in five years (Bloomberg) 18-12-2023

Bloomberg: London-based luxury clothing marketplace Farfetch borrows $500M from Coupang, which will buy its assets and delist the company; FTCH dropped 90%+ in five years  —  – Deal scraps planned tie-up between Farfetch and Richemont  — JP Morgan Chase to run marketing process for Farfetch assets Lees verder op Tech Meme

Adobe and Figma terminate their $20B merger, announced in September 2022, after seeing “no clear path” to UK and EU regulatory approval; Adobe will pay $1B (Reuters) 18-12-2023

Reuters: Adobe and Figma terminate their $20B merger, announced in September 2022, after seeing “no clear path” to UK and EU regulatory approval; Adobe will pay $1B  —  Adobe (ADBE.O) on Monday shelved its $20 billion cash-and-stock deal for cloud-based designer platform Figma, pointing to … Lees verder op Tech Meme

After releasing party mobile game DreamStar, Tencent put ~38% of its ads on ByteDance's ad service Pangolin; Tencent hopes to challenge NetEase's hit Eggy Party (Josh Ye/Reuters) 18-12-2023

Josh Ye / Reuters: After releasing party mobile game DreamStar, Tencent put ~38% of its ads on ByteDance’s ad service Pangolin; Tencent hopes to challenge NetEase’s hit Eggy Party  —  Tencent Holdings (0700.HK) is relying on one-time bitter rival ByteDance to promote its most important video game release in years … Lees verder op Tech Meme