Reuters: Adobe and Figma agree to terminate their $20B merger, announced in September 2022, after seeing “no clear path” to UK and EU regulatory approval — 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
Matt Day / Bloomberg: Inside Amazon’s Mission Operations Center during Project Kuiper’s launch, part of an ambitious $10B effort to launch 3,000+ satellites and challenge Starlink — Project Kuiper could transform Amazon into a telecommunications giant, but first the company needs to loft more than 3,000 satellites into orbit. Lees verder op Tech Meme
Andrew Solender / Axios: Coinbase, a16z, the Winklevoss twins, and others put $78M in crypto super PACs, an immense figure raised in just three months, ahead of the 2024 US elections — Cryptocurrency industry leaders have poured $78 million into super PACs aimed at bolstering and growing the ranks of crypto-friendly lawmakers … Lees verder op Tech Meme
Jon Porter / The Verge: The European Commission opens an official DSA investigation into X, focusing on illegal content, disinformation, transparency, and “deceptive design” in its UI — X, the platform formerly known as Twitter, may have broken the European Union’s tough new Digital Service Act rules … Lees verder op Tech Meme
Financial Times: Tokyo Electron, Asia’s largest chip equipment maker, has largely offset US export controls on China by expanding sales of less advanced chip equipment to China — Japanese group employs two-track strategy to navigate US-China tensions — Asia’s largest semiconductor equipment maker Tokyo Electron … Lees verder op Tech Meme
Bloomberg: IBM plans to acquire data integration platforms StreamSets and WebMethods from Germany-based Software AG for €2.13B in cash, expected to close in Q2 2024 — – Deal will strengthen IBM’s AI and cloud capabilities — Software AG backer Silver Lake also made deslisting offer Lees verder op Tech Meme
Andrew Solender / Axios: Source: Coinbase, a16z, the Winklevoss twins, and more put $78M in crypto super PACs, an immense figure raised in just three months, ahead of the 2024 elections — Cryptocurrency industry leaders have poured $78 million into super PACs aimed at bolstering and growing the ranks … Lees verder op Tech Meme
Bloomberg: IBM plans to acquire data integration platforms StreamSets and WebMethods from Germany-based Software AG for €2.13B in cash, expected to close in Q2 2024 — – Deal will strengthen IBM’s AI and cloud capabilities — Software AG backer Silver Lake also made deslisting offer Lees verder op Tech Meme
Tage Kene-Okafor / TechCrunch: Saudi shopping and BNPL startup Tamara raised a $340M Series C led by PIF-owned SNB Capital at a $1B valuation, taking its total funding to $500M since 2020 — Tamara, a buy now pay later platform for consumers in Saudi Arabia and the wider GCC region, has raised $340 million in a financing round that values the fintech at $1 billion. Lees verder op Tech Meme
Josh Ye / Reuters: After releasing its DreamStar party game, Tencent placed ~38% of its ads on ByteDance’s Pangolin; Tencent hopes to challenge NetEase’s surprise 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