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Source: X is giving employees RSUs at a share price of $45, implying a valuation of $19B; in March 2023, X offered employees stock at a $20B valuation (Kylie Robison/Fortune) 30-10-2023

Kylie Robison / Fortune: Source: X is giving employees RSUs at a share price of $45, implying a valuation of $19B; in March 2023, X offered employees stock at a $20B valuation  —  X has a new valuation.  —  X, formerly Twitter, is now valued at $19 billion, based on the company’s employee equity compensation plan. Lees verder op Tech Meme

US v. Google: Sundar Pichai floated preloading a Google app on iOS to Tim Cook in 2018, amid Apple's concerns of lower revenue growth from their rev-share deal (David Pierce/The Verge) 30-10-2023

David Pierce / The Verge: US v. Google: Sundar Pichai floated preloading a Google app on iOS to Tim Cook in 2018, amid Apple’s concerns of lower revenue growth from their rev-share deal  —  In late 2018, Google CEO Sundar Pichai floated a bold idea to Apple CEO Tim Cook.  Cook had just told Pichai he wanted to be … Lees verder op Tech Meme

Ad holding company Omnicom plans to acquire Flywheel, the digital commerce arm of UK-based B2B media, events, and analytics company Ascential, for ~$835M (Megan Graham/Wall Street Journal) 30-10-2023

Megan Graham / Wall Street Journal: Ad holding company Omnicom plans to acquire Flywheel, the digital commerce arm of UK-based B2B media, events, and analytics company Ascential, for ~$835M  —  Flywheel, part of Cannes Lions owner Ascential, aims to help brands sell on digital marketplaces such as Amazon Lees verder op Tech Meme

Filing: Thailand's Kasikorn Bank acquires 97% of the Satang crypto exchange, operating in Thailand since 2017, for ~$102.8M and plans to rebrand Satang to Orbix (Sam Reynolds/CoinDesk) 30-10-2023

Sam Reynolds / CoinDesk: Filing: Thailand’s Kasikorn Bank acquires 97% of the Satang crypto exchange, operating in Thailand since 2017, for ~$102.8M and plans to rebrand Satang to Orbix  —  The move continues a trend of Thailand’s major traditional financial institutions moving into crypto.  —  Register Now Lees verder op Tech Meme

Web Summit names Katherine Maher, Wikimedia Foundation's former head, as its new CEO, replacing co-founder Paddy Cosgrave, before the event's November 13 start (Mark Bergen/Bloomberg) 30-10-2023

Mark Bergen / Bloomberg: Web Summit names Katherine Maher, Wikimedia Foundation’s former head, as its new CEO, replacing co-founder Paddy Cosgrave, before the event’s November 13 start  —  Technology conference Web Summit has named Katherine Maher, the former head of the Wikimedia Foundation, as its new chief executive officer … Lees verder op Tech Meme

Meta plans to offer Instagram and Facebook users in the EU, EEA, and Switzerland an ad-free option for €9.99 or €12.99 per month, alongside free with ads (Jillian Deutsch/Bloomberg) 30-10-2023

Jillian Deutsch / Bloomberg: Meta plans to offer Instagram and Facebook users in the EU, EEA, and Switzerland an ad-free option for €9.99 or €12.99 per month, alongside free with ads  —  – Plans cost €9.99 per month on the web, €12.99 on mobile  — The model follows increasing EU regulations on data access Lees verder op Tech Meme

Western Digital plans to spin off its flash memory unit into a second public company, and focus on hard drives, after the Kioxia merger collapsed; WDC jumps 5%+ (Samrhitha Arunasalam/Reuters) 30-10-2023

Samrhitha Arunasalam / Reuters: Western Digital plans to spin off its flash memory unit into a second public company, and focus on hard drives, after the Kioxia merger collapsed; WDC jumps 5%+  —  Western Digital (WDC.O) said on Monday it would split itself into two companies that would focus on the hard drive and flash memory markets … Lees verder op Tech Meme