| Reuters: |
Adobe and Figma end their $20B merger, announced in September 2022, over “no clear path” to EU and UK antitrust approval; Adobe owes Figma a $1B termination fee — Adobe (ADBE.O) on Monday shelved its $20 billion cash-and-stock deal for cloud-based designer platform Figma … | Om Malik / On my Om: |
UK and EU regulators blocking Adobe's Figma acquisition changes the liquidity environment for startup founders and VCs, focusing dollars on likely IPO winners — The writing has been on the wall for sometime — the regulators on both sides of the Atlantic have been hemming and hawing … | Chance Miller / 9to5Mac: |
Apple plans to halt Watch Series 9 and Ultra 2 sales in the US this week, to “preemptively” comply with an ITC patent ruling under US review until December 25 — In a statement to 9to5Mac, Apple has announced that it will soon halt sales of its flagship Apple Watch models in the United States.| Jon Porter / The Verge: |
The European Commission opens a DSA investigation into X, focusing on “illegal content and 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 … | David Pierce / The Verge: |
Flipboard plans to replace its entire social back end with ActivityPub and by April 2024 let any Flipboard user follow any fediverse account from within its app — Flipboard is taking its biggest step yet into the fediverse. The company announced on Monday that it is beginning to switch … | Andrew Solender / Axios: |
Coinbase, a16z, the Winklevoss twins, and others poured $78M into crypto super PACs in Q4 2023, an immense raise in 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 … | Rachel Metz / Bloomberg: |
OpenAI says its board can hold back the release of an AI model even if OpenAI's leadership says it's safe, and announces a new internal safety advisory group — The arrangement was mentioned in a set of guidelines released Monday explaining how the ChatGPT-maker plans to deal with AI risks.| Zack Whittaker / TechCrunch: |
Mortgage and loan giant Mr. Cooper says hackers stole the personal data of 14.6M+ customers, like 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.| Reuters: |
Sources: Chinese chip design companies are increasingly using Malaysian companies 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 … | Lucas Shaw / Bloomberg: |
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 … | Bloomberg: |
| Matt Day / Bloomberg: |
Inside Amazon's Mission Operations Center during Project Kuiper's first launch, part of a its $10B+ project 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.| Yuvraj Malik / Reuters: |
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