Tech Meme

Reuters: The UK CMA opens an in-depth investigation into Adobe’s $20B Figma deal after Adobe declined to offer remedies to ease concerns, setting a December 27 deadline  —  Britain’s antitrust regulator on Thursday announced an in-depth probe of Adobe’s (ADBE.O) $20 billion bid for cloud-based designer platform Figma … Lees verder op Tech Meme

Bloomberg: Huawei reports $560M in revenue from patent licensing deals in 2023, its first disclosure of such income, and spending 25% of its 2022 sales on R&D, or ~$22.5B  —  Huawei Technologies Co. made $560 million in revenue from its patent licensing deals last year, disclosing … Lees verder op Tech Meme

Jamie Crawley / CoinDesk: Telegram merchants can now accept payments via the TON blockchain-based Wallet in tether, bitcoin, and toncoin, expanding on support for transfers between users  —  Wallet, which is built on the TON blockchain, is allowing merchants to integrate cryptocurrency into the bots they use to accept payments in the messaging app. Lees verder op Tech Meme

Sara Fischer / Axios: The AP signs a two-year deal with OpenAI, under which the AP will get access to OpenAI tech and license some of its archive dating back to 1985 for AI training  —  The Associated Press on Thursday said it reached a two-year deal with OpenAI, the parent company to ChatGPT, to share access to select news content and technology. Lees verder op Tech Meme

Todd Spangler / Variety: Telly begins shipping its free, ad-supported, dual-screen TV as part of its “public beta program”; users must submit demographic info, viewing habits, and more  —  Start-up says it received more than 250,000 sign-ups from U.S. consumers … The start-up, which plans to ship … Lees verder op Tech Meme

Bloomberg: The SEC, CFTC, and FTC sue ex-Celsius CEO Alex Mashinsky and the company over alleged fraud and more; Mashinsky was arrested and charged with six counts  —  Alex Mashinsky, the former chief executive officer of Celsius Network Ltd., was accused by prosecutors of orchestrating a yearslong scheme … Lees verder op Tech Meme

Bloomberg: The SEC sues ex-Celsius CEO Alex Mashinsky and the company over alleged fraud in the sale of CEL tokens; a source says Mashinsky was arrested on Thursday  —  The former chief executive officer of bankrupt crypto lender Celsius Network Ltd. was charged with fraud and sued by three regulatory agencies over the company’s collapse. Lees verder op Tech Meme

Bloomberg: The SEC sues ex-Celsius Network CEO Alex Mashinsky and the company over selling unregistered crypto securities; a source says Mashinsky was arrested on Thursday  —  The former chief executive officer of bankrupt crypto lender Celsius Network Ltd. was arrested following a probe into the company’s collapse … Lees verder op Tech Meme

Yu Nakamura / Nikkei Asia: Analysis: total sales of 19 major IT companies in Taiwan, including Foxconn and TSMC, were down 19.8% YoY to ~$35B in June, the largest drop since at least 2013  —  Industry’s sales fall 20% in June on weak global demand for electronic devices  —  Demand for Apple and other electronic devices … Lees verder op Tech Meme

Adam Crafton / The Athletic: How Apple expanded into sports since 2022, starting with the MLB, leading to an unusual deal to bring Messi to the MLS and share new subscriber revenue with him  —  In 2019, during an interview with Sports Illustrated, the Apple senior vice president of services, Eddy Cue … Lees verder op Tech Meme