Leo Schwartz / Fortune: Paxos plans to expand its products to the Solana blockchain on January 17, 2024, after receiving approval from the New York Department of Financial Services  —  The leading stablecoin issuer Paxos has received regulatory approval to expand its products to the Solana blockchain, which it plans to launch on January 17, 2024. Lees verder op Tech Meme

Paul Sawers / TechCrunch: Spotify pulls support for two music festivals in France, in protest against a new tax that would impose a levy of 1.5% to 1.75% on all music streaming services  —  Spotify is pulling support for two music festivals in protest against a controversial new tax directed at music-streaming platforms operating … Lees verder op Tech Meme

Jay Peters / The Verge: Humane plans to begin shipping its Ai Pin in March 2024, starting with customers who placed priority orders and in order of the date of purchase  —  Humane announced Friday that the AI Pin, its splashy AI-powered wearable, will start shipping in March 2024. Lees verder op Tech Meme

Jacquelyn Melinek / TechCrunch: Data center infrastructure startup Arkon Energy raised $110M led by Bluesky Capital to grow its US BTC mining capacity and launch an AI cloud service in Norway  —  Arkon Energy, a data center infrastructure company, closed a $110 million private funding round to expand its operations … Lees verder op Tech Meme

Erin Griffith / New York Times: Court docs: how false claims and risky trades by HeadSpin’s CEO and a lack of oversight by investors like GV and Iconiq Capital led to the startup’s unraveling  —  False claims and risky trades at the Silicon Valley start-up HeadSpin were part of a pattern of trouble emerging at young companies that lacked controls. Lees verder op Tech Meme

New York Times: Sources: Apple discussed multiyear deals worth $50M+ with NBC News, Condé Nast, IAC, and other publishers to train its generative AI systems on news articles  —  The company has discussed multiyear deals worth at least $50 million to train its generative A.I. systems on publishers’ news articles. Lees verder op Tech Meme

Anissa Gardizy / The Information: Source: Cisco is paying around $650M in cash for Isovalent, or 32 times the startup’s ARR; Isovalent was valued at $250M in a funding round in September 2022  —  Cisco Systems’ acquisition of Isovalent, a cloud networking and security startup backed by Google and Microsoft, announced on Thursday … Lees verder op Tech Meme

Bloomberg: Sources: OpenAI is in early talks to raise new funding at a valuation at or above $100B, and discussed raising between $8B and $10B from G42 for a chip venture  —  OpenAI is in early discussions to raise a fresh round of funding at a valuation at or above $100 billion, people with knowledge … Lees verder op Tech Meme

Aisha S Gani / Bloomberg: Revolut publishes delayed 2022 accounts, removing a hurdle in its UK banking license bid, reporting revenue up 45% YoY to £922.5M and a £25.4M pretax loss  —  – Auditors at BDO say issues for 2021 data have been resolved  — Fintech reports pretax loss; sees $2 billion revenue this year Lees verder op Tech Meme