Tech Meme

Louise Matsakis / Wired: Filing: Kash Patel, Trump’s nominee to head FBI, was allotted Shein shares of $1M to $5M in exchange for consulting services; he has no plans to divest them  —  Donald Trump’s pick for FBI director told senators he has no plans to divest his shares, which his financial disclosure form … Lees verder op Tech Meme

CNBC: Elon Musk says he will rehire a DOGE staffer who resigned following the exposure of his posts advocating for racism and eugenics, after Trump endorsed the idea  —  Elon Musk said Friday he will rehire a DOGE staffer who abruptly resigned following the exposure of his tweets advocating for racism and eugenics. Lees verder op Tech Meme

Reuters: SolarWinds says it will go private in a $4.4B deal with buyout firm Turn/River Capital; SWI jumps 20%+ after falling 35% in the past 12 months  —  SolarWinds (SWI.N) said on Friday it would go private in a $4.4 billion deal with buyout firm Turn/River Capital, the latest sign debt-funded deals … Lees verder op Tech Meme

Bloomberg: Edward Coristine, a 19-year-old member of DOGE, was fired from an internship at cybersecurity firm Path Network for allegedly sharing info with a competitor  —  Edward Coristine posted online that he had retained access to the firm’s servers.  Now he has access to sensitive government information. Lees verder op Tech Meme

Bloomberg: Sources: Stripe competitor Rapyd is in talks to raise $300M from investors at a $3.5B valuation, a dramatic decline from its valuation of around $9B in 2021  —  The high-profile startup is in talks for a funding round that would shave billions off its value. Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: DeepMind says its AlphaGeometry2 model solved 84% of International Math Olympiad’s geometry problems from the last 25 years, surpassing average gold medalists  —  An AI system developed by Google DeepMind, Google’s leading AI research lab, appears to have surpassed the average gold medalist … Lees verder op Tech Meme

Benj Edwards / Ars Technica: Hugging Face researchers release “Open Deep Research” an open-source AI agent created in 24 hours, aiming to match OpenAI’s Deep Research performance  —  On Tuesday, Hugging Face researchers released an open source AI research agent called “Open Deep Research,” … Lees verder op Tech Meme

Jay Peters / The Verge: Trump issues an EO pausing the removal of the de minimis exemption on goods from China until systems are in place to “process and collect tariff revenue”  —  President Donald Trump has paused the removal of the de minimis exemption on goods from China. Lees verder op Tech Meme

Hayden Field / CNBC: Sources: SoftBank is set to invest $40B in OpenAI at a $260B pre-money valuation; investors last valued OpenAI at $157B, when it raised $6.6B in October 2024  —  – CNBC Councils  — CNBC on Peacock  — Join the CNBC Panel  — Supply Chain Values  — Select Shopping  — Ad Choices Lees verder op Tech Meme

Charles Capel / Bloomberg: HIG Capital plans to acquire IT solutions provider Converge Technology for ~$908M and merge it with Mainline Information; the deal is set to close in Q2 2025  —  Converge will merge with Tallahassee, Florida-based Mainline Information Systems LLC, which is also owned by HIG, the companies said in a statement on Friday. Lees verder op Tech Meme