Google pays $60 million annually for content on Reddit through AI deal
Update, 22/02, 08:30 am, Laura Herijgers: Google would train its LLMs with Reddit content. Therefore, Google is said to be the AI company behind the $60 million content deal. Three people familiar with the case told Reuters. The parties involved declined to comment.
Original, 19/02, 2:08 p... Read more
Patent deal with Ericsson should bring Huawei new revenue
Huawei and Ericsson have signed a long-term reciprocal patent deal for mobile network technology. The deal should generate new revenue for Huawei, now that many European countries are banning Chinese technology from mobile networks.
Huawei is suffering greatly from sanctions imposed by many Euro... Read more
Bosch acquires autonomous driving startup Five.ai after pivot to B2B
Self-driving startup, Five.ai, was acquired by Bosch.
Bosch recently announced that they’re acquiring Five.ai – an autonomous driving startup that began with mega ambitions to create and function its fleets of “Robo-taxi.” However, they eventually pivoted to focus on tech developme... Read more
EU and US in talks over new privacy deal
The European Union and the United States are negotiating on the handling of personal data. The two world powers are looking for a way to make it possible for private data to cross the Atlantic without violating European legislation.
The talks are being spurred on by tech giants such as Facebook,... Read more
Facebook buys Kustomer to expand into customer service tools
Facebook made one of its most significant moves to provide a better service experience to the businesses run on its platform. The social media behemoth acquired Kustomer, a startup that was created to disrupt the customer services industry with innovations.
Most of the innovations use tactics li... Read more
‘Microsoft is considering acquiring Nokia again’
A leading analyst firm states that Microsoft is in the mix to buy the once-famous Nokia company. CSS Insight predicts that in 2021, Nokia will be bought by a prominent U.S.-based tech company next year. They named both Microsoft and Intel as likely to buy Nokia.
Microsoft and Nokia have a histor... Read more
Amazon in talks with Apollo to invest in Rackspace Technology
Amazon is in the early stages of a plan to invest in Rackspace Technology. People close to the deal said that the agreement would involve Amazon acquiring a minority stake in Rackspace. Rackspace is in the business of helping companies migrate to the cloud.
The deal could be a great way to soli... Read more
“Mitel’s making an offer to take over Avaya.
Avaya has considered a bid from Mitel to take over the company, reports Bloomberg. According to sources, the deal would ultimately create a telecom company worth more than $5 billion (€4.5 billion).
The American and Canadian telecom tower had been in conversation since April. There were rum... Read more