Adobe and Figma terminate their $20B merger, announced in September 2022, after seeing “no clear path” to UK and EU regulatory approval; Adobe will pay $1B
Adobe (ADBE.O) on Monday shelved its $20 billion cash-and-stock deal for cloud-based designer platform Figma, pointing to …
Apple plans to halt Apple Watch Series 9 and Ultra 2 sales in the US starting this week, to “preemptively” comply with an ITC patent ruling now under US review
In a statement to 9to5Mac, Apple has announced that it will soon halt sales of its flagship Apple Watch models in the United States.
The EU Commission opens an official DSA investigation into X, focusing on illegal content, disinformation, ad transparency, “deceptive design”, and data access
X, the platform formerly known as Twitter, may have broken the European Union's tough new Digital Service Act rules …
Streaming TV appears to have entered its franchise era; Netflix plans spinoffs of the Addams Family, Peaky Blinders, and action movie Extraction, among others
Sequels and prequels have already taken over the movie business. Now they're coming for TV. — Good afternoon from Los Angeles …
Experts and lawmakers say Tesla's largest recall yet is unlikely to solve Autopilot's fundamental flaw: Tesla failing to limit where drivers can use the feature
Tesla's software update adds warnings to improve driver attention while using Autopilot — but doesn't limit where drivers can engage the technology
Disney, WBD, and other studios are licensing more content to Netflix in return for much-needed cash, but are holding back their most popular movies and shows
Coinbase, a16z, the Winklevoss twins, and others put $78M in crypto super PACs, an immense figure raised in just three months, ahead of the 2024 US elections
Cryptocurrency industry leaders have poured $78 million into super PACs aimed at bolstering and growing the ranks of crypto-friendly lawmakers …
Mortgage and loan giant Mr. Cooper says hackers stole personal data on 14M customers, including dates of birth, phone numbers, SSNs, and bank account numbers
Hackers stole the sensitive personal information of more than 14.6 million Mr. Cooper customers, the mortgage and loan giant has confirmed.
Flipboard says it plans to replace its entire social back end with ActivityPub, and by April 2024 will let any Flipboard user follow any fediverse account
Flipboard is taking its biggest step yet into the fediverse. The company announced on Monday that it is beginning to switch …
UK and EU regulators blocking Adobe's Figma deal changes the liquidity environment for startup founders and VCs, and focuses dollars on IPO-capable winners
The writing has been on the wall for sometime — the regulators on both sides of the Atlantic have been hemming and hawing …
Western intelligence officials say that former Wirecard COO Jan Marsalek, who fled to Moscow after nearly $2B went missing, was likely a Russian agent for years
Shortly afterwards, its chief operating officer Jan Marsalek boarded a private jet out of Austria, landed in Belarus, took a car to Moscow where he now he got a Russian passport under a fake name. … X...
The UK NHS partners with Zipline on plans to deliver medical and surgical supplies by drone to 30+ hospitals in northern England in H2 2024, to help cut costs
Silicon Valley group Zipline allies with trust in northern England to drop essential medical supplies
Sources: Chinese chip design companies are increasingly using Malaysian firms to assemble a portion of their high-end GPUs; the move does not break US rules
A growing number of Chinese semiconductor design companies are tapping Malaysian firms to assemble a portion of their high-end chips …
London-based luxury clothing marketplace Farfetch borrows $500M from Coupang, which will buy its assets and delist the company; FTCH dropped 90%+ in five years
- Deal scraps planned tie-up between Farfetch and Richemont — JP Morgan Chase to run marketing process for Farfetch assets
Tokyo-based chip equipment maker Kokusai expects nearly 50% of its revenue to come from China in the coming months; its stock is up ~66% since its October IPO
Bloomberg :
Tokyo Electron, Asia's largest chip equipment maker, has largely offset US export controls on China by expanding sales of less advanced chip equipment to China
Financial Times :
SenseTime says co-founder Tang Xiao'ou, who was also a professor at the Chinese University of Hong Kong, died of an unspecified illness at 55; 0020.HK drops 11%
Saudi shopping and BNPL startup Tamara raised a $340M Series C led by SNB Capital and Sanabil Investments at a $1B valuation, taking its total funding to $500M
Tage Kene-Okafor / TechCrunch :
Inside Amazon's Mission Operations Center during Project Kuiper's launch, part of an ambitious $10B effort to launch 3,000+ satellites and challenge Starlink
Project Kuiper could transform Amazon into a telecommunications giant, but first the company needs to loft more than 3,000 satellites into orbit.
IBM plans to acquire data integration platforms StreamSets and WebMethods from Germany-based Software AG for €2.13B in cash, a deal expected to close in Q2 2024
Bloomberg :
Deloitte is using AI to evaluate its staff's skills and map out plans to shift employees into more in-demand roles, as a part of plans to moderate hiring growth
Irina Anghel / Bloomberg :
After releasing party mobile game DreamStar, Tencent put ~38% of its ads on ByteDance's ad service Pangolin; Tencent hopes to challenge NetEase's hit Eggy Party
Josh Ye / Reuters :
Two Black Nvidia staff warned Jensen Huang about AI's potential bias against minorities in 2020, but did not feel that he listened or would prioritize the issue
Bloomberg :
A profile of Dr. Shih Chin-tay, who led Taiwan's foray into chip production in the 1970s after joining the Industrial Technology Research Institute in Hsinchu
Q&A with Deepu Talla, Nvidia's VP and GM for Embedded and Edge Computing, on generative AI's roles in robotics, designing humanoid robots, platforms, and more
Brian Heater / TechCrunch :
Only Minnesota, Michigan, and Washington enacted laws in 2023 about AI and deepfakes in political campaigns, an issue the US federal government hasn't addressed
How conservationists are using AI tool CeruleanAI, developed by the Coral Restoration Foundation, to analyze 3D maps of reefs and monitor restoration
As TikTok rolls out its new Creativity Program Beta, some creators say they're frustrated by its push to become a “mini YouTube” with videos of up to 10 minutes
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