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Quantum computing startup IonQ plans to go public via a ~$2B SPAC merger, in a deal that would make it the first publicly traded company focused on quantum tech (Sara Castellanos/Wall Street Journal)
Source: Technology News Published on 2021-03-08
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Chinese photo editing app Meitu bought $22.1M worth of ether and $17.9M worth of bitcoin on March 5, the first major company to buy ether (Arjun Kharpal/CNBC)
Source: Technology News Published on 2021-03-08
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McAfee announces the sale of its enterprise business to private equity firm Symphony Technology Group in an all-cash deal worth $4B (Paul Sawers/VentureBeat)
Source: Technology News Published on 2021-03-08
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UK mobile banking startup Starling raises £272M Series D led by Fidelity Management & Research Company at a £1.1B valuation (Ingrid Lunden/TechCrunch)
Source: Technology News Published on 2021-03-08
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EU approves Microsoft's $7.5B deal to acquire ZeniMax Media, the parent company of Bethesda Softworks, without conditions (Tom Warren/The Verge)
Source: Technology News Published on 2021-03-08
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Deliveroo filing shows it posted a loss of £223.7M in 2020, down ~£100M from 2019, and gross transaction volume of £4.1B, up 64% YoY (Ingrid Lunden/TechCrunch)
Source: Technology News Published on 2021-03-08
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Google pledges $25M in grants to non-profits addressing economic inequities faced by women and girls (Erin Carson/CNET)
Source: Technology News Published on 2021-03-08
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The NYT editorial board calls for federal US privacy legislation mandating opt in as default on data collection practices by tech companies like Facebook (New York Times)
Source: Technology News Published on 2021-03-08
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Profile of Chamath Palihapitiya, who has become a public icon of the SPAC and amateur trading booms; sources: Social Capital raised $3.7B for five SPACs in 2020 (Wall Street Journal)
Source: Technology News Published on 2021-03-08
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The new Google Pay app that came out of beta this week replaces a perfectly fine service for P2P users with a less-functional service that has more fees (Ron Amadeo/Ars Technica)
Source: Technology News Published on 2021-03-08
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Reports from Netherlands, UK, EU signal Apple may have lost the strategic battle over antitrust market definition regarding the App Store in those jurisdictions (Florian Mueller/FOSS Patents)
Source: Technology News Published on 2021-03-08
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Sources: US plans attacks on Russian networks and new sanctions, in retaliation for SolarWinds hack; Biden curbed Cyber Command's offensive leeway in Jan. 20 EO (New York Times)
Source: Technology News Published on 2021-03-08
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Some popular YouTubers are building their own video sites, like Floatplane and Nebula, to help other creators publish and monetize niche video content (David Molloy/BBC)
Source: Technology News Published on 2021-03-07
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Current and former Google employees say the company's HR routinely offers mental health counseling and medical leave when staff complain about racism and sexism (NBC News)
Source: Technology News Published on 2021-03-07
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Kuo: Apple plans to release a mixed reality headset in mid-2022 for around $1K, followed by AR glasses by 2025, and "contact lens type" devices by 2030-2040 (Joe Rossignol/MacRumors)
Source: Technology News Published on 2021-03-07