After EU approval, UK clears HPE’s $14B Juniper Networks acquisition

Posted on August 7, 2024 by Techme101

Hewlett Packard Enterprise’s (HPE) planned $14 billion acquisition of Juniper Networks is one step closer to completion — the U.K.’s Competition and Markets Authority (CMA) has confirmed that the deal won’t face any further scrutiny.
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Lyft to ‘open up a can of whoop ass’ on surge pricing

Posted on August 7, 2024 by Techme101

Ride-hail giant Lyft will pilot a new feature called Price Lock that will let a rider purchase a monthly subscription “that caps the price for a specific route at a specific time,” according to CEO David Risher. The feature is designed to address the inconsistencies of surge pricing, particularly for commuters who use the Lyft […]
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Google’s antitrust ruling has experts looking to 25-year-old Microsoft case for answers

Posted on August 7, 2024 by Techme101

The historic antitrust case against Microsoft in 1999 provides some clues as to what Google can expect after Monday’s ruling.

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Ex-Clubhouse employees take another swing at a social networking startup

Posted on August 7, 2024 by Techme101

The ex-Clubhouse, Netflix employees raised $1.65M for an app that combines social media, networking, and dating.
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Elon Musk ‘accountable to no one,’ Britain’s tech minister says after X owner’s comments on UK riots

Posted on August 7, 2024 by Techme101

Elon Musk can’t be held to account by anyone, the U.K.’s technology minister said, adding to criticisms of the billionaire from government officials.

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Fintech Payoneer is buying 5-year-old global payroll startup Skuad for $61M in cash

Posted on August 7, 2024 by Techme101

New York-based fintech Payoneer has acquired Skuad, a Singapore-based global HR and payroll startup, for $61 million in cash, the company exclusively told TechCrunch.  Payoneer said it could also pay up to another $10 million, contingent on if Skuad meets various performance goals within the first 18 months of the acquisition. Payoneer also committed to […]
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CrowdStrike Faces a Potential Tsunami of Lawsuits. Only the Fine Print Can Save It, Experts Say

Posted on August 7, 2024 by Techme101

After crashing millions of computers and disrupting businesses across the globe, cybersecurity company CrowdStrike must protect itself against a flurry of legal activity that is already beginning. The devil will be in the details.

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Sony rules out renewing offer for Paramount, says it wouldn’t fit strategy

Posted on August 7, 2024 by Techme101

Hiroki Totoki, Sony’s chief financial officer, said the tech giant has no plans to submit a revised offer for Paramount.

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Elon Musk’s X taken to court in Ireland for grabbing EU user data to train Grok without consent

Posted on August 7, 2024 by Techme101

Elon Musk’s X is being taken to court in Ireland for using Europeans’ data to train AI models without asking for their consent.
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Government concerned by immigration lawyer ‘hitlist’

Posted on August 7, 2024 by Techme101

Lawyers have been advised to work from home, board up windows and install fireproof letterboxes.

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