Tech Meme

Bloomberg: Sources: General Atlantic is in advanced talks to buy a minority stake in Blackstone-backed Liftoff; the deal would value the mobile app marketing firm at $4B+  —  A deal for the Redwood, California-based company could be announced as soon as Monday, said the people, who asked not to be identified because the details aren’t public. Lees verder op Tech Meme

Logan Hitchcock / Decrypt: Solana Foundation: enough validators were able to quietly patch a 0-day bug last month that could have allowed unlimited “Token-22” minting and account draining  —  The Solana Foundation disclosed that validators quietly patched a major bug, avoiding a potentially catastrophic exploit. Lees verder op Tech Meme

Lizette Chapman / Bloomberg: Palantir reports Q1 revenue up 39% YoY to $884M, vs. $863M est., and raises 2025 sales guidance to $3.9B on demand for AI software that’s a “ravenous whirlwind”  —  Sales will be about $3.9 billion in 2025, the Denver-based software company said Monday in a statement. Lees verder op Tech Meme

Carl Franzen / VentureBeat: Nvidia launches open-source transcription model Parakeet-TDT-0.6B-V2, topping the Hugging Face Open ASR Leaderboard with a word error rate of 6.05%  —  Nvidia has become one of the most valuable companies in the world in recent years thanks to the stock market noticing how much demand … Lees verder op Tech Meme

TechCrunch: Hasan Sukkar, the founder of AI startup 11x, which has raised $70m+ to date, steps down as CEO; CTO Prabhav Jain has been named the new CEO  —  Hasan Sukkar, the founder of AI startup 11x, is stepping down from his role as CEO, Sukkar announced on LinkedIn this morning. Lees verder op Tech Meme

Raphael Satter / Reuters: TeleMessage’s parent company says it is “investigating a potential security incident” and has suspended all of its services “out of an abundance of caution”  —  The communications app used by U.S. President Donald Trump’s former national security adviser, Mike Waltz … Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: OpenAI backtracks, says its nonprofit will remain in control of its business operations, after a “constructive dialogue” with civic leaders and AGs of DE and CA  —  OpenAI has decided that its nonprofit division will retain control over its for-profit org, after the company initially announced … Lees verder op Tech Meme

Sarah Jeong / The Verge: Apple files an appeal with the US Ninth Circuit, challenging last week’s ruling that prevents it from charging devs fees on purchases made outside the App Store  —  Epic Games’ stunning victory blocks Apple from imposing fees on purchases made outside the App Store. Lees verder op Tech Meme

MacKenzie Sigalos / CNBC: Trump has two crypto-focused dinners this month, for political donors and for $TRUMP holders; Chainalysis: trading fees alone have made $TRUMP insiders $324M+  —  President Donald Trump has two crypto-focused dinners on the calendar this month — one aimed at deep-pocketed political donors, the other at meme coin millionaires. Lees verder op Tech Meme

Reuters: Tel Aviv-based eToro Group says it’s targeting a $4B valuation in a Nasdaq IPO, aiming to raise $500M, after pausing plans last month amid market volatility  —  Israel’s eToro Group said on Monday it was targeting a valuation of up to $4 billion in its initial public offering in the United States … Lees verder op Tech Meme