Greater London Authority warns housing developers about a potential ban on new housing until 2035, citing a growing number of data centers consuming electricity — Greater London Authority warns developers that upgrade might take more than a decade — Developers in west London face …
Experts say it is not clear whether generative art made by AI systems trained on copyrighted data, like OpenAI's DALL-E 2, can be considered as fair use — In 1917, Marcel Duchamp submitted a sculpture to the Society of Independent Artists under a false name.
Spotify says it has “decided to stop further production of Car Thing units” and will take a €31M charge, citing demand and supply chain issues — Spotify's push to complement its music streaming with a big move into podcasting and related content appears to be paying off …
An illustrated look at the bipartisan American Innovation and Choice Act's impact on US tech giants, seeking to ban self-preferencing and improve competition — US lawmakers are eyeing votes before November's midterm elections on legislation that marks the first major effort by Congress …
Spotify reports Q2 revenue rose 23% YoY to €2.9B as its net loss widened to €125M; MAUs were up 19% YoY to 433M and Premium users reached to 188M, up 14% YoY — Spotify turned in strong numbers for the second quarter, beating expectations for total and paid subscriber adds and reporting 23% revenue growth.
Acronis, which offers enterprise cybersecurity and data protection tools, raised $250M at a $3.5B+ valuation, up from $2.5B in May 2021 after raising $250M — Cybersecurity provider Acronis raised $250 million in new funding from institutional investors earlier this year to expand its business …
Spotnana, which offers cloud-based enterprise tools for booking and managing travel, raised a $75M Series B, following a $34M Series A in September 2021 — Spotnana, a self-proclaimed “travel-as-a-service” platform that targets corporations, travel management firms, and other technology companies …
Lawyers in the Celsius bankruptcy are examining Tether recovering an $840M USDT loan, highlighting an uncertain area of bankruptcy law for crypto companies — Case is a major test of how US insolvency rules will apply in digital asset sector — Stablecoin issuer Tether faces scrutiny …
France's Eutelsat and UK satellite internet company OneWeb agree to merge in an all-stock deal valuing OneWeb at $3.4B, in a bid to compete with SpaceX — Eutelsat Communications SA and OneWeb Ltd. are set to combine in an all-share deal valuing the UK satellite operator at $3.4 billion …
Amazon's purchase of One Medical is likely cheaper than unionization would be, and could be used as a tool to fight against unionization of employees — I guess I should say something? … This episode of Out-Of-Pocket is brought to you by... Nabla creates SDKs and APIs …
UK CMA's publishes its report into music streaming services, saying the market is dominated by major players but this is not “currently causing consumers harm” — The music streaming market dominated by a handful of major players is giving consumers a fair shake …
Cheng Ting-Fang / Nikkei Asia : MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's...
