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PE firm Symphony Technology Group agrees to acquire media editing software maker Avid for ~$1.4B, with the transaction expected to close in Q4 2023 (Reuters)

Reuters: PE firm Symphony Technology Group agrees to acquire media editing software maker Avid for ~$1.4B, with the transaction expected to close in Q4 2023  —  Private equity firm Symphony Technology Group (STG) on Wednesday agreed to buy media editing software maker Avid Technology Inc (AVID.O) for about $1.4 billion, including debt.

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Best Mini Fridge Under $100 for 2023

Many companies featured on ReadWrite partner with us. Opinions are our own, but compensation and in-depth research determine how products may be selected and ranked. Learn more about how we make money. Welcome to our comprehensive guide on the best mini fridges under $100 for 2023. If you’re on a budget but still want a reliable and

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Moove, which provides vehicle financing to ride-hailing drivers in Africa, the UK, India, and the UAE, raises $76M in equity and debt at a $550M valuation (Will Louch/Financial Times)

Will Louch / Financial Times: Moove, which provides vehicle financing to ride-hailing drivers in Africa, the UK, India, and the UAE, raises $76M in equity and debt at a $550M valuation  —  Vehicle financing start-up aims to raise $76mn in equity and debt from investor group that includes BlackRock

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Berlin-based Deepset, which helps companies build “complex LLM applications” and add NLP to apps, raised $30M led by Balderton, taking its total funding to $46M (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch: Berlin-based Deepset, which helps companies build “complex LLM applications” and add NLP to apps, raised $30M led by Balderton, taking its total funding to $46M  —  Deepset, a platform for building enterprise apps powered by large language models akin to ChatGPT …

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Pedal Car vs Ministry of Transport

[Tim] from the “Way Out West” Youtube channels has started a fun project — building a wooden pedal-car heavily inspired by “Bugsy Malone”. The kids-sized gangsters in that movie got around in kid-sized pedal cars. Apparently kid-sized [Tim] just loved the idea, but just didn’t have the skills or tools to try to build one.

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Meta rolls out the ability to let users verify their Threads profile on other social media platforms, like Mastodon, using “rel=me” links (Jay Peters/The Verge)

Jay Peters / The Verge: Meta rolls out the ability to let users verify their Threads profile on other social media platforms, like Mastodon, using “rel=me” links  —  To be clear, this isn’t a free way to get a blue checkmark next to your Threads name; you’ll probably need to pay Meta to get one

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Pedal Car vs Ministry of Transport

[Tim] from the “Way Out West” Youtube channels has started a fun project — building a wooden pedal-car heavily inspired by “Bugsy Malone”. The kids-sized gangsters in that movie got around in kid-sized pedal cars. Apparently kid-sized [Tim] just loved the idea, but just didn’t have the skills or tools to try to build one.

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Pedal Car vs Ministry of Transport

[Tim] from the “Way Out West” Youtube channels has started a fun project — building a wooden pedal-car heavily inspired by “Bugsy Malone”. The kids-sized gangsters in that movie got around in kid-sized pedal cars. Apparently kid-sized [Tim] just loved the idea, but just didn’t have the skills or tools to try to build one.

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Bob Iger says Disney is “actively exploring ways” to crack down on password sharing and “will roll out tactics to drive monetization sometime in 2024” (Adam Chitwood/The Wrap)

Adam Chitwood / The Wrap: Bob Iger says Disney is “actively exploring ways” to crack down on password sharing and “will roll out tactics to drive monetization sometime in 2024”  —  “We will roll out tactics to drive monetization,” the Disney CEO says  —  Disney+ will begin cracking …

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Filing: the US SEC plans to appeal a court ruling in July that Ripple’s programmatic sales of XRP to retail investors on exchanges didn’t violate securities law (Nikhilesh De/CoinDesk)

Nikhilesh De / CoinDesk: Filing: the US SEC plans to appeal a court ruling in July that Ripple’s programmatic sales of XRP to retail investors on exchanges didn’t violate securities law  —  A federal judge ruled that while Ripple’s direct sales of XRP to institutional investors violated securities law …

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Golang 1.21 brings built-in functions, profile-guided optimization

Go 1.21, the latest update of Google’s Go programming language, is now available as a production release. The new version adds built-in functions—min, max, and clear—and makes profile-guided optimization (PGO) generally available. WebAssembly accommodations also are highlighted. The min and max functions compute the smallest or largest value, respectively, of a fixed number of arguments

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Disney plans to raise US prices of Disney+ Premium, Hulu without ads, and ESPN+, and to expand Disney+ ad-supported plans to Canada and nine European countries (Todd Spangler/Variety)

Todd Spangler / Variety: Disney plans to raise US prices of Disney+ Premium, Hulu without ads, and ESPN+, and to expand Disney+ ad-supported plans to Canada and nine European countries  —  Ad-supported Disney+ tier to expand to Canada, U.K. and eight other European countries this fall

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Biden signs an executive order banning US investments in some Chinese companies developing advanced semiconductors and quantum computers, starting in 2024 (Andrew Duehren/Wall Street Journal)

Andrew Duehren / Wall Street Journal: Biden signs an executive order banning US investments in some Chinese companies developing advanced semiconductors and quantum computers, starting in 2024  —  Biden’s order will also require U.S. private-equity and venture-capital firms to disclose certain investments

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